Derivatives and Hedging Activities (Tables)

12 Months Ended

Sep. 30, 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 September 30, 2022 and 2021, (in thousands).

			Fair Values of Derivative Instruments
			Asset Derivatives
			As of September 30, 2022					As of September 30, 2021
Hedged Item	Notional Amount		Balance Sheet Location	Fair Value		Notional Amount		Balance Sheet Location	Fair Value
Brokered Deposits	$	-	Derivative and hedging assets	$	-	$	175,000	Derivative and hedging assets	$	1,247
FHLB Advances		225,000	Derivative and hedging assets		15,310		-	Derivative and hedging assets		-
Commercial Loans		79,602	Derivative and hedging assets		9,171		71,326	Derivative and hedging assets		1,307
Total derivatives designated as hedging    instruments	$	304,602		$	24,481	$	246,326		$	2,554
			Fair Values of Derivative Instruments
			Liability Derivatives
			As of September 30, 2022					As of September 30, 2021
Hedged Item	Notional Amount		Balance Sheet Location	Fair Value				Balance Sheet Location	Fair Value
Brokered Deposits	$	-	Derivative and hedging liabilities	$	-	$	60,000	Derivative and hedging liabilities	$	452
Commercial Loans		111,668	Derivative and hedging liabilities		9,176		103,831	Derivative and hedging liabilities		1,304
Total derivatives designated as hedging    instruments	$	111,668		$	9,176	$	163,831		$	1,756

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

The table below presents the effect of the Company’s cash flow hedge accounting on Accumulated Other Comprehensive Income for the periods ended September 30, 2022 and 2021 (in thousands).

The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income
Derivatives in Hedging Relationships	Amount of Gain Recognized in OCI on Derivative					Amount of Gain (Loss) Reclassified from Accumulated OCI into Income
	Year Ended September 30,		Year Ended September 30,		Location of Gain Reclassified from	Year Ended September 30,		Year Ended September 30,
	2022		2021		Accumulated OCI into Income	2022		2021
Derivatives in Cash Flow Hedging Relationships
Interest Rate Products	$	14,507	$	5,592	Interest Expense	$	823	$	(2,001	)
Total	$	14,507	$	5,592		$	823	$	(2,001	)