Fair Value Accounting (Tables)

6 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Assets Measured on a Recurring Basis

The following tables present the financial instruments measured at fair value on a recurring basis as of March 31, 2016 and September 30, 2015:

	Fair Value		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
March 31, 2016
Investment securities:
U.S. government agency obligations	$	16,279	$	—	$	16,279	$	—
Obligations of states and political subdivisions	30,145		—		30,145		—
Mortgage-backed securities	39,610		—		39,610		—
Federal Agricultural Mortgage Corporation	80		—		80		—
Total	$	86,114	$	—	$	86,114	$	—
September 30, 2015
Investment securities:
U.S. government agency obligations	$	15,020	$	—	$	15,020	$	—
Obligations of states and political
subdivisions	27,407		—		27,407		—
Mortgage-backed securities	37,440		—		37,440		—
Federal Agricultural Mortgage Corporation	54		—		54		—
Total	$	79,921	$	—	$	79,921	$	—

Assets Measured on a Nonrecurring Basis

The following tables present the financial instruments measured at fair value on a nonrecurring basis as of March 31, 2016 and September 30, 2015:

	Fair Value		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level  3)
March 31, 2016
Foreclosed and repossessed assets, net	$	832	$	—	$	—	$	832
Impaired loans with allocated allowances	1,821		—		—		1,821
Total	$	2,653	$	—	$	—	$	2,653
September 30, 2015
Foreclosed and repossessed assets, net	$	902	$	—	$	—	$	902
Impaired loans with allocated allowances	2,349		—		—		2,349
Total	$	3,251	$	—	$	—	$	3,251

Carrying amount and estimated fair value of financial instruments

The carrying amount and estimated fair value of the Company's financial instruments as of the dates indicated below were as follows:

	March 31, 2016				September 30, 2015
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Financial assets:
Cash and cash equivalents	$	22,012	$	22,012	$	23,872	$	23,872
Interest-bearing deposits	2,992		3,061		2,992		3,022
Investment securities	93,541		93,773		87,933		88,140
Non-marketable equity securities, at cost	4,626		4,626		4,626		4,626
Loans receivable, net	460,189		479,624		444,014		462,227
Accrued interest receivable	1,725		1,725		1,574		1,574
Financial liabilities:
Deposits	$	473,833	$	477,794	$	456,298	$	460,450
FHLB advances	61,474		61,567		58,891		59,357
Accrued interest payable	38		38		18		18