Derivatives and Hedging Activities (Tables)

6 Months Ended

Mar. 31, 2022

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Consolidated Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheet as of March 31, 2022 and September 30, 2021 (in thousands).

			Fair Values of Derivative Instruments
			Asset Derivatives
			As of March 31, 2022					As of September 30, 2021
Hedged Item	Notional Amount		Balance Sheet Location	Fair Value		Notional Amount		Balance Sheet Location	Fair Value
Brokered Deposits	$	225,000	Other Assets	$	10,162	$	175,000	Other Assets	$	1,247
Commercial Loans		72,239	Other Assets		4,435		71,326	Other Assets		1,307
Total	$	297,239		$	14,597	$	246,326		$	2,554
			Fair Values of Derivative Instruments
			Liability Derivatives
			As of March 31, 2022					As of September 30, 2021
Hedged Item	Notional Amount		Balance Sheet Location	Fair Value		Notional Amount		Balance Sheet Location	Fair Value
Brokered Deposits	$	-	Other Liabilities	$	-	$	60,000	Other Liabilities	$	452
Commercial Loans		104,606	Other Liabilities		4,445		103,831	Other Liabilities		1,303
Total	$	104,606		$	4,445	$	163,831		$	1,755

Schedule of Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Loss)

The table below presents the effect of the Company’s cash flow hedge accounting on Accumulated Other Comprehensive Income (Loss) for the three and six month periods ended March 31, 2022 and 2021 (in thousands).

The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Loss)
Derivatives in Hedging Relationships	Loss Recognized in OCI on Derivative (Effective Portion) Three Months Ended March 31,				Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Loss Recognized in OCI on Derivative (Effective Portion) Three Months Ended March 31,
Derivatives in Cash Flow Hedging Relationships	2022		2021			2022			2021
Interest Rate Products	$	6,992	$	4,363	Interest expense	$	(166	)	$	(644	)
Total	$	6,992	$	4,363		$	(166	)	$	(644	)
Derivatives in Cash Flow Hedging Relationships	Gain (Loss) Recognized in OCI on Derivative (Effective Portion) Six Months Ended March 31,				Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Loss Recognized in OCI on Derivative (Effective Portion) Six Months Ended March 31,
	2022		2021			2022			2021
Interest Rate Products	$	9,367	$	5,546	Interest expense	$	(402	)	$	(1,311	)
Total	$	9,367	$	5,546		$	(402	)	$	(1,311	)