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INVESTMENT SECURITIES (Tables)
6 Months Ended
Mar. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Summary of amortized cost, estimated fair value and related unrealized gains and losses on securities available for sale
The amortized cost, estimated fair value and related unrealized gains and losses on securities available for sale and held to maturity as of March 31, 2018 and September 30, 2017, respectively, were as follows:
Available for sale securities
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
March 31, 2018
 
 
 
 
 
 
 
U.S. government agency obligations
$
37,928

 
$
8

 
$
1,020

 
$
36,916

Obligations of states and political subdivisions
35,563

 
15

 
609

 
34,969

Mortgage-backed securities
42,095

 
30

 
1,056

 
41,069

Agency securities
125

 
110

 
2

 
233

Corporate debt securities
5,377

 

 
250

 
5,127

Total available for sale securities
$
121,088

 
$
163

 
$
2,937

 
$
118,314

 
 
 
 
 
 
 
 
September 30, 2017
 
 
 
 
 
 
 
U.S. government agency obligations
$
18,454

 
$
35

 
$
448

 
$
18,041

Obligations of states and political subdivisions
35,656

 
271

 
132

 
35,795

Mortgage-backed securities
36,661

 
124

 
311

 
36,474

Agency Securities
147

 
83

 

 
230

Corporate debt securities
5,410

 

 
67

 
5,343

Total available for sale securities
$
96,328

 
$
513

 
$
958

 
$
95,883

Held-to-maturity securities
Held to maturity securities
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
March 31, 2018
 
 
 
 
 
 
 
Obligations of states and political subdivisions
$
1,309

 
$

 
$
3

 
$
1,306

Mortgage-backed securities
3,704

 
47

 
16

 
3,735

Total held to maturity securities
$
5,013

 
$
47

 
$
19

 
$
5,041

 
 
 
 
 
 
 
 
September 30, 2017
 
 
 
 
 
 
 
Obligations of states and political subdivisions
$
1,311

 
$
17

 
$

 
$
1,328

Mortgage-backed securities
4,142

 
136

 
1

 
4,277

Total held to maturity securities
$
5,453

 
$
153

 
$
1

 
$
5,605

 
March 31, 2018
 
September 30, 2017
Held to maturity securities
Amortized
Cost
 
Estimated
Fair Value
 
Amortized
Cost
 
Estimated
Fair Value
Due after one year through five years
$
1,309

 
$
1,306

 
$
1,311

 
$
1,328

Mortgage backed securities
3,704

 
3,735

 
4,142

 
4,277

Total held to maturity securities
$
5,013

 
$
5,041

 
$
5,453

 
$
5,605

 
 
Less than 12 Months
 
12 Months or More
 
Total
Held to maturity securities
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of states and political subdivisions
 
$
1,131

 
$
3

 
$

 
$

 
$
1,131

 
$
3

Mortgage-backed securities
 
1,571

 
16

 

 

 
1,571

 
16

Total
 
$
2,702

 
$
19

 
$

 
$

 
$
2,702

 
$
19

September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of states and political subdivisions
 
$

 
$

 
$

 
$

 
$

 
$

Mortgage-backed securities
 
406

 
1

 

 

 
406

 
1

Total
 
$
406

 
$
1

 
$

 
$

 
$
406

 
$
1

Available-for-sale securities
 
March 31, 2018
 
September 30, 2017
Available for sale securities
Amortized
Cost
 
Estimated
Fair Value
 
Amortized
Cost
 
Estimated
Fair Value
Due in one year or less
$
1,378

 
$
1,372

 
$
160

 
$
160

Due after one year through five years
14,668

 
14,501

 
15,008

 
15,056

Due after five years through ten years
43,956

 
42,694

 
30,586

 
30,330

Due after ten years
18,866

 
18,444

 
13,766

 
13,633

 
$
78,868

 
$
77,011

 
$
59,520

 
$
59,179

Mortgage backed securities
42,095

 
41,069

 
36,661

 
36,474

Securities without contractual maturities
125

 
234

 
147

 
230

Total available for sale securities
$
121,088

 
$
118,314

 
$
96,328

 
$
95,883

Available for sale securities with unrealized losses
Securities with unrealized losses at March 31, 2018 and September 30, 2017, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, were as follows:

 
 
Less than 12 Months
 
12 Months or More
 
Total
Available for sale securities
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
March 31, 2018
 
 
 
 
 
 
 
 
 
 
 
 
U.S. government agency obligations
 
$
25,787

 
$
310

 
$
10,471

 
$
710

 
$
36,258

 
$
1,020

Obligations of states and political subdivisions
 
28,889

 
443

 
3,319

 
166

 
32,208

 
609

Mortgage backed securities
 
29,358

 
626

 
9,288

 
430

 
38,646

 
1,056

Agency securities
 
20

 
2

 

 

 
20

 
2

Corporate debt securities
 
5,127

 
250

 

 

 
5,127

 
250

Total
 
$
89,181

 
$
1,631

 
$
23,078

 
$
1,306

 
$
112,259

 
$
2,937

September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
U.S. government agency obligations
 
$
8,296

 
$
186

 
$
6,932

 
$
262

 
$
15,228

 
$
448

Obligations of states and political subdivisions
 
8,170

 
62

 
3,701

 
70

 
11,871

 
132

Mortgage backed securities
 
14,167

 
96

 
9,753

 
215

 
23,920

 
311

Corporate debt securities
 
5,343

 
67

 

 

 
5,343

 
67

Total
 
$
35,976

 
$
411

 
$
20,386

 
$
547

 
$
56,362

 
$
958