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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Carrying Amount of Goodwill and Intangible Assets

The following tables provide information for the carrying amount of goodwill and intangible assets (in thousands): 

 

Goodwill

 

2022

 

 

2021

 

Balance at beginning of year

 

$

13,801

 

 

$

13,801

 

Goodwill acquired

 

 

-

 

 

 

-

 

Balance at end of year

 

$

13,801

 

 

$

13,801

 

 

Intangible assets

 

2022

 

 

2021

 

Balance at beginning of year

 

$

520

 

 

$

791

 

Intangible assets acquired

 

 

-

 

 

 

-

 

Amortization

 

 

(239

)

 

 

(271

)

Balance at end of year

 

$

281

 

 

$

520

 

Amortizable Intangible Assets

Amortizable intangible assets were composed of the following (in thousands):

 

 

 

 

 

 

 

September 30,

 

 

 

 

 

 

 

2022

 

 

2021

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

 

(dollars in thousands)

 

Core deposit intangible

 

$

4,787

 

 

$

4,506

 

 

$

4,267

 

 

 

 

2022

 

 

2021

 

Aggregate amortization expense:

 

 

 

 

 

 

 

 

As of the years ended September 30

 

$

239

 

 

$

271

 

Estimated Future Amortization Expense

Estimated future amortization expense (in thousands):

 

2023

 

$

190

 

2024

 

 

91

 

 

 

$

281