Comprehensive Income (Loss)

3 Months Ended

Dec. 31, 2020

Equity [Abstract]

Comprehensive Income (Loss)

Note 12 – Comprehensive Income (Loss)

The components of accumulated other comprehensive loss included in shareholders’ equity are as follows:

	December 31, 2020			September 30, 2020
	(In thousands)
Net unrealized holding losses on available-for-sale securities	$	(15	)	$	(118	)
Tax effect		3			25
Net of tax amount		(12	)		(93	)
Fair value adjustments on derivatives		(989	)		(1,260	)
Tax effect		208			265
Net of tax amount		(781	)		(995	)
Total accumulated other comprehensive loss	$	(793	)	$	(1,088	)

Other comprehensive income and related tax effects are presented in the following table:

	Three Months Ended December 31,
	2020			2019
	(In thousands)
Net unrealized holding (losses) gains on available-for-sale securities	$	457		$	71
Net realized gain on securities available-for-sale		(355	)		-
Amortization of unrealized holding losses on securities transferred    from available-for-sale to held-to-maturity		1			1
Adjustment for loss recorded on replacement of derivative		(2	)		-
Fair value adjustments on derivatives		273			91
Other comprehensive income before taxes		374			163
Tax effect		(79	)		(34	)
Total other comprehensive income	$	295		$	129