ESSA Bancorp (ESSA) 10-K 14 Dec 23 2023 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Sep. 30, 2023	Dec. 07, 2023	Mar. 31, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Trading Symbol	ESSA
Entity Registrant Name	ESSA Bancorp, Inc.
Entity Central Index Key	0001382230
Current Fiscal Year End Date	--09-30
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		18,133,095
Entity Public Float			$ 152,346,277
Entity File Number	001-33384
Entity Tax Identification Number	20-8023072
Entity Address, Address Line One	200 Palmer Street
Entity Address, City or Town	Stroudsburg
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	18360
City Area Code	570
Local Phone Number	421-0531
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	PA
Title of 12(b) Security	Common Stock, $0.01 par value
Security Exchange Name	NASDAQ
Document Annual Report	true
Document Transition Report	false
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Name	S.R. Snodgrass, P.C.
Auditor Location	King of Prussia, Pennsylvania
Auditor Firm ID	74
Documents Incorporated by Reference	• Proxy Statement for the 2023 Annual Meeting of Stockholders of the Registrant (Part III).

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
ASSETS
Cash and due from banks	$ 39,008	$ 19,970
Interest-bearing deposits with other institutions	46,394	7,967
Total cash and cash equivalents	85,402	27,937
Investment securities available for sale, at fair value	334,056	208,647
Investment securities held to maturity, at amortized cost	52,242	57,285
Loans receivable (net of allowance for loan losses of $18,525 and $18,528)	1,680,525	1,435,783
Loans held for sale	250
Regulatory stock, at cost	17,890	14,393
Premises and equipment, net	12,913	13,126
Bank-owned life insurance	39,026	38,240
Foreclosed real estate	3,311	29
Intangible assets, net	91	281
Goodwill	13,801	13,801
Deferred income taxes	6,877	5,375
Derivative and hedging assets	19,662	24,481
Other assets	27,200	22,439
TOTAL ASSETS	2,293,246	1,861,817
LIABILITIES
Deposits	1,661,016	1,380,021
Short-term borrowings	374,652	230,810
Advances by borrowers for taxes and insurance	6,550	11,803
Derivative and hedging liabilities	9,579	9,176
Other liabilities	21,741	17,670
TOTAL LIABILITIES	2,073,538	1,649,480
STOCKHOLDERS’ EQUITY
Preferred stock ($.01 par value; 10,000,000 shares authorized, none issued)
Common stock ($.01 par value; 40,000,000 shares authorized, 18,133,095 issued; 10,394,689 and 10,371,022 outstanding at September 30, 2023 and 2022, respectively)	181	181
Additional paid-in capital	182,681	182,173
Unallocated common stock held by the Employee Stock Ownership Plan (“ESOP”)	(6,009)	(6,462)
Retained earnings	151,856	139,139
Treasury stock, at cost; 7,738,406 and 7,762,073 shares at September 30, 2023 and 2022, respectively	(99,508)	(99,800)
Accumulated other comprehensive loss	(9,493)	(2,894)
TOTAL STOCKHOLDERS’ EQUITY	219,708	212,337
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 2,293,246	$ 1,861,817

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 18,525	$ 18,528
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred Stock, shares authorized	10,000,000	10,000,000
Preferred Stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	18,133,095	18,133,095
Common stock, shares outstanding	10,394,689	10,371,022
Treasury stock, shares outstanding	7,738,406	7,762,073

Consolidated Statement of Incom

Consolidated Statement of Income - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
INTEREST INCOME
Loans receivable, including fees	$ 73,329	$ 56,051
Investment securities:
Taxable	9,834	5,608
Exempt from federal income tax	42	61
Other investment income	2,294	1,092
Total interest income	85,499	62,812
INTEREST EXPENSE
Deposits	17,399	2,652
Short-term borrowings	6,546	389
Total interest expense	23,945	3,041
NET INTEREST INCOME	61,554	59,771
Provision for loan losses	700
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	60,854	59,771
NONINTEREST INCOME
Service fees on deposit accounts	3,075	3,094
Services charges and fees on loans	1,350	1,830
Loan swap fees	263	311
Unrealized (loss) gain on equity securities	(4)	4
Trust and investment fees	1,640	1,635
Loss on sale of investment securities, net	(121)
Gain on sale of loans, net	172	239
Earnings on bank-owned life insurance	786	759
Insurance commissions	584	573
Other	161	65
Total noninterest income	7,906	8,510
NONINTEREST EXPENSE
Compensation and employee benefits	26,621	26,233
Occupancy and equipment	4,341	4,573
Professional fees	4,760	3,512
Data processing	4,910	4,577
Advertising	648	767
Federal Deposit Insurance Corporation (“FDIC”) premiums	1,078	573
Loss (gain) on foreclosed real estate	231	(226)
Amortization of intangible assets	190	239
Other	2,911	3,029
Total noninterest expense	45,690	43,277
Income before income taxes	23,070	25,004
Income taxes	4,494	4,934
NET INCOME	$ 18,576	$ 20,070
Earnings per share:
Basic	$ 1.91	$ 2.06
Diluted	1.91	2.06
Dividends per share	$ 0.60	$ 0.54

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 18,576	$ 20,070
Investment securities available for sale:
Unrealized holding loss	(4,737)	(20,053)
Tax effect	995	4,212
Reclassification of losses recognized in net income	121
Tax effect	(25)
Net of tax amount	(3,646)	(15,841)
Pension plan adjustment:
Unrealized holding gain	1,486	749
Tax effect	(312)	(158)
Reclassification adjustment related to actuarial gain		263
Tax effect		(55)
Net of tax amount	1,174	799
Derivative and hedging activities adjustments:
Changes in unrealized gain on derivative included in net income	3,900	15,330
Tax effect	(821)	(3,214)
Reclassification adjustment for gains on derivatives included in net income	(9,122)	(823)
Tax effect	1,916	173
Net of tax amount	(4,127)	11,466
Total other comprehensive loss	(6,599)	(3,576)
Comprehensive income	$ 11,977	$ 16,494

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Unallocated Common Stock Held by the ESOP [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]
Beginning Balance at Sep. 30, 2021	$ 201,822	$ 181	$ 181,659	$ (6,915)	$ 124,342	$ (98,127)	$ 682
Beginning Balance, Shares at Sep. 30, 2021		10,461,443
Net income	20,070				20,070
Other comprehensive loss	(3,576)						(3,576)
Cash dividends declared	(5,273)				(5,273)
Stock-based compensation	517		517
Allocation of ESOP stock	792		339	453
Allocation of treasury shares to incentive plan	(131)		(342)			211
Allocation of treasury shares to incentive plan, Shares		19,728
Treasury shares purchased	(1,884)					(1,884)
Treasury shares purchased, Shares		(110,149)
Ending Balance at Sep. 30, 2022	$ 212,337	$ 181	182,173	(6,462)	139,139	(99,800)	(2,894)
Ending Balance, Shares at Sep. 30, 2022	10,371,022	10,371,022
Net income	$ 18,576				18,576
Other comprehensive loss	(6,599)						(6,599)
Cash dividends declared	(5,859)				(5,859)
Stock-based compensation	560		560
Allocation of ESOP stock	798		345	453
Allocation of treasury shares to incentive plan	(105)		(397)			292
Allocation of treasury shares to incentive plan, Shares		23,667
Ending Balance at Sep. 30, 2023	$ 219,708	$ 181	$ 182,681	$ (6,009)	$ 151,856	$ (99,508)	$ (9,493)
Ending Balance, Shares at Sep. 30, 2023	10,394,689	10,394,689

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash dividends declared, per share	$ 0.60	$ 0.54
Retained Earnings [Member]
Cash dividends declared, per share	$ 0.60	$ 0.54

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
OPERATING ACTIVITIES
Net income	$ 18,576,000	$ 20,070,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	700,000
Provision for depreciation and amortization	1,110,000	1,073,000
Amortization and accretion of discounts and premiums, net	(1,390,000)	(377,000)
Net loss on sale of investment securities	121,000
Compensation expense on ESOP	798,000	792,000
Stock-based compensation	560,000	517,000
Amortization of right-of-use-asset	815,000	869,000
Unrealized loss (gain) on equity securities	4,000	(4,000)
Gain on sale of loans, net	(172,000)	(239,000)
Origination of residential real estate loans for sale	(13,031,000)	(12,939,000)
Proceeds from sale of residential real estate loans	12,953,000	13,559,000
Increase in accrued interest receivable	(3,282,000)	(1,154,000)
Increase in accrued interest payable	4,993,000	155,000
Earnings on bank-owned life insurance	(786,000)	(759,000)
Deferred federal income taxes	252,000	(188,000)
Decrease in accrued pension liability	(312,000)	(410,000)
Loss (gain) on foreclosed real estate	231,000	(226,000)
Amortization of intangible assets	190,000	239,000
Other, net	(1,470,000)	1,729,000
Net cash provided by operating activities	20,860,000	22,707,000
Investment securities available for sale:
Proceeds from sale of investment securities	881,000
Proceeds from principal repayments and maturities	26,192,000	123,760,000
Purchases	(156,233,000)	(112,657,000)
Investment securities held to maturity:
Proceeds from principal repayments and maturities	4,961,000	5,429,000
Purchases		(41,231,000)
Increase in loans receivable, net	(248,502,000)	(93,586,000)
Redemption of regulatory stock	31,425,000	423,000
Purchase of regulatory stock	(34,922,000)	(10,165,000)
Proceeds from sale of foreclosed real estate	33,000	469,000
Purchase of premises, equipment, and software	(955,000)	(571,000)
Net cash used for investing activities	(377,120,000)	(128,129,000)
FINANCING ACTIVITIES
Increase (decrease) in deposits, net	280,995,000	(256,094,000)
Net increase in short-term borrowings	143,842,000	230,810,000
(Decrease) increase in advances by borrowers for taxes and insurance	(5,253,000)	6,854,000
Purchase of common stock		(1,884,000)
Dividends on common stock	(5,859,000)	(5,273,000)
Net cash provided by (used for) financing activities	413,725,000	(25,587,000)
Increase (decrease) in cash and cash equivalents	57,465,000	(131,009,000)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	27,937,000	158,946,000
CASH AND CASH EQUIVALENTS AT END OF YEAR	85,402,000	27,937,000
Cash paid:
Interest	18,952,000	2,886,000
Income taxes	3,600,000	3,447,000
Noncash items:
Transfers from loans to foreclosed real estate	3,546,000	54,000
Initial recognition of operating right-of-use asset	840,000	805,000
Initial recognition of operating lease liability	840,000	805,000
Unrealized holding loss on investment securities available for sale	$ (4,616,000)	$ (20,053,000)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of significant accounting and reporting policies applied in the presentation of the accompanying financial statements follows: Nature of Operations and Basis of Presentation The consolidated financial statements include the accounts of ESSA Bancorp, Inc. (the “Company”), its wholly owned subsidiary, ESSA Bank & Trust (the “Bank”), and the Bank’s wholly owned subsidiaries, ESSACOR Inc.; Pocono Investments Company; ESSA Advisory Services, LLC; Integrated Financial Corporation; and Integrated Abstract Incorporated, a wholly owned subsidiary of Integrated Financial Corporation. The primary purpose of the Company is to act as a holding company for the Bank. The Bank’s primary business consists of the taking of deposits and granting of loans to customers generally in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Delaware, Chester, and Montgomery counties, Pennsylvania. The Bank is subject to regulation and supervision by the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation. The investment in subsidiary on the parent company’s financial statements is carried at the parent company’s equity in the underlying net assets. ESSACOR, Inc. is a Pennsylvania corporation that has been used to purchase properties at tax sales that represent collateral for delinquent loans of the Bank. Pocono Investment Company is a Delaware corporation formed as an investment company subsidiary to hold and manage certain investments, including certain intellectual property. ESSA Advisory Services, LLC is a Pennsylvania limited liability company owned 100 percent by ESSA Bank & Trust. ESSA Advisory Services, LLC is a full-service insurance benefits consulting company offering group services such as health insurance, life insurance, short-term and long-term disability, dental, vision, and 401(k) retirement planning as well as individual health products. Integrated Financial Corporation is a Pennsylvania Corporation that provided investment advisory services to the general public and is currently inactive. Integrated Abstract Incorporated is a Pennsylvania Corporation that provided title insurance services and is currently inactive. All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates in the Preparation of Financial Statements The accounting principles followed by the Company and its subsidiary and the methods of applying these principles conform to U.S. generally accepted accounting principles and to general practice within the banking industry. In preparing the consolidated financial statements, the Company is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the Consolidated Balance Sheet date and related revenues and expenses for the period. Actual results could differ from those estimates. Securities The Company determines the appropriate classification of debt securities at the time of purchase and reevaluates such designation as of each balance sheet date. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movement in interest rates, changes in maturity mix of the Company’s assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Securities available for sale are carried at fair value. Unrealized gains and losses are reported in other comprehensive income (loss), net of the related deferred tax effects. Realized gains or losses, determined on the basis of the cost of the specific securities sold, are included in earnings. Premiums and discounts are recognized in interest income using the interest method over the period to maturity. Declines in the fair value of securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, the Company considers: (1) the length of time and the extent to which the fair value has been less than cost; (2) the financial condition and near-term prospects of the issuer; and (3) the Company’s intent to sell the security or whether it’s more likely than not that the Company would be required to sell the security before its anticipated recovery in market value. Securities classified as held-to-maturity are those that the Company has the positive intent and ability to hold until maturity. These securities are reported at amortized cost. The fair market value of the equity securities tends to fluctuate with the overall equity markets as well as the trends specific to each institution. The equity securities portfolio is reviewed in a similar manner as that of the debt securities with greater emphasis placed on the length of time the market value has been less than the carrying value and the financial sector outlook. The Company also reviews dividend payment activities, levels of non-performing assets and loan loss reserves. The starting point for the equity analysis is the length and severity of market value decline. The realized loss is recognized as impairment charges on securities on the consolidated statements of income. The previous cost basis less the OTTI recognized in earnings becomes the new cost basis of the investment. Certain equity securities that do not have a readily determinable fair value are stated at cost, adjusted for observable price changes in orderly transactions for identical or similar investments of the same issuer. These securities include restricted stock of the Federal Home Loan Bank of Pittsburgh, as well as other equity securities. Loans Receivable Loans receivable that the Company has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees and costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Company is generally amortizing these amounts over the contractual life of the loan. The accrual of interest is generally discontinued when the contractual payment of principal or interest has become 90 days past due or the Company has serious doubts about further collectability of principal or interest, even though the loan is currently performing. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest credited to income is reversed. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to the Company’s judgment as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current and has performed in accordance with the contractual terms for a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt. Loans Acquired Loans acquired including loans that have evidence of deterioration of credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all contractually required payments receivable, are initially recorded at fair value (as determined by the present value of expected future cash flows) with no valuation allowance. Loans are evaluated individually to determine if there is evidence of deterioration of credit quality since origination. The difference between the undiscounted cash flows expected at acquisition and the investment in the loan, or the “accretable yield,” is recognized as interest income on a level-yield method over the life of the loan. Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at acquisition, or the “non-accretable difference,” are not recognized as a yield adjustment or as a loss accrual or a valuation allowance. Increases in expected cash flows subsequent to the initial investment are recognized prospectively through adjustment of the yield on the loan over its remaining estimated life. Decreases in expected cash flows are recognized immediately as impairment. Any valuation allowances on these impaired loans reflect only losses incurred after acquisition. For purchased loans acquired that are not deemed impaired at acquisition, credit discounts representing the principal losses expected over the life of the loan are a component of the initial fair value. Loans are aggregated and accounted for as a pool of loans if the loans being aggregated have common risk characteristics. Subsequent to the purchase date, the methods utilized to estimate the required allowance for credit losses for these loans is similar to originated loans; however, the Company records a provision for loan losses only when the required allowance exceeds any remaining credit discounts. The remaining differences between the purchase price and the unpaid principal balance at the date of acquisition are recorded in interest income over the life of the loans. Allowance for Loan Losses The allowance for loan losses is established through provisions for loan losses charged against income. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance for loan losses. The allowance for loan losses is maintained at a level by management which represents the evaluation of known and inherent risks in the loan portfolio at the Consolidated Balance Sheet date. Management’s periodic evaluation of the adequacy of the allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions, and other relevant factors. This evaluation is inherently subjective, since it requires material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows expected to be received on impaired loans. The allowance for loan losses consists of specific and general components. The specific component relates to loans that are classified as impaired. For such loans an allowance for loan losses is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical loss experience adjusted for qualitative factors. All loans are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement and all loan types are considered impaired if the loan is restructured in a troubled debt restructuring. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral-dependent. Large groups of smaller-balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential mortgage loans for impairment disclosures unless such loans are part of a larger relationship that is impaired or classified as a troubled debt restructuring or is more than 180 days past due. A loan is considered to be a troubled debt restructuring (“TDR”) loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates that are less than the current market rate for new obligations with similar risk. TDR loans that are in compliance with their modified terms and that yield a market rate may be removed from the TDR status after one year of performance. Regulatory Stock Regulatory stock consists of Federal Home Loan Bank (“FHLB”) of Pittsburgh stock and Atlantic Community Bankers Bank stock. Regulatory stock is carried at cost. The Company is a member of the Federal Home Loan Bank System and holds stock in the Federal Home Loan Bank of Pittsburgh. As a member, the Company maintains an investment in the capital stock of the FHLB of Pittsburgh in an amount not less than 10 basis points of the outstanding member asset value plus 4.0 percent of its outstanding FHLB borrowings, as calculated throughout the year. The equity security is accounted for at cost and classified separately on the Consolidated Balance Sheet. The stock is bought from and sold to the FHLB based upon its $ 100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) The significance of the decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (c) the impact of legislative and regulatory changes on the customer base of the FHLB; and (d) the liquidity position of the FHLB. With consideration given to these factors, management concluded that the stock was not impaired at September 30, 2023. Loan Servicing Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets. Capitalized servicing rights are reported in other assets and are amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon a third-party appraisal. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Impairment is recognized through a valuation allowance to the extent that fair value is less than the capitalized amount. The Company’s loan servicing assets at September 30, 2023 and 2022, were not impaired. Total servicing assets included in other assets as of September 30, 2023 and 2022, were $ 874,000 and $ 788,000 , respectively. Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the useful lives of the related assets, which range from 10 to 40 years for buildings, land improvements, and leasehold improvements and three to seven years for furniture, fixtures, and equipment. Expenditures for maintenance and repairs are charged to operations as incurred. Costs of major additions and improvements are capitalized. Derivative Instruments and Hedging Activities The Company records all derivatives on the Consolidated Balance Sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. In accordance with the FASB’s fair value measurement guidance, the Company has elected to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio. Bank-Owned Life Insurance (“BOLI”) The Company owns insurance on the lives of a certain group of key employees. The policies were purchased to help offset the increase in the costs of various fringe benefit plans, including healthcare. The cash surrender value of these policies is included as an asset on the Consolidated Balance Sheet, and any increase in cash surrender value is recorded as noninterest income on the Consolidated Statement of Income. In the event of the death of an insured individual under these policies, the Company would receive a death benefit which would be recorded as noninterest income. Foreclosed Real Estate Real estate owned acquired in settlement of foreclosed loans is carried at fair value minus estimated costs to sell. At acquisition of real estate acquired in settlement of foreclosed loans, the excess of the remaining loan balance over the asset’s estimated fair value less cost to sell is charged off against the allowance for loan losses. Subsequent declines in the asset’s value are recognized as noninterest expense in the Consolidated Statement of Income. Operating expenses of such properties, net of related income, are expensed in the period incurred. Goodwill and Intangible Assets Goodwill is not amortized, but it is tested at least annually for impairment in the fourth quarter, or more frequently if indicators of impairment are present. If the estimated current fair value of a reporting unit exceeds its carrying value, no additional testing is required and an impairment loss is not recorded. The Company uses market capitalization and multiples of tangible book value methods to determine the estimated current fair value of its reporting unit. Based on this analysis, no impairment was recorded in 2023 or 2022. The other intangible assets are assigned useful lives, which are amortized on an accelerated basis over their weighted-average lives. The Company periodically reviews intangible assets for impairment as events or changes in circumstances indicate that the carrying amount of such asset may not be recoverable. Based on these reviews, no impairment was recorded in 2023 and 2022. The following tables provide information for the carrying amount of goodwill and intangible assets (in thousands): Goodwill 2023 2022 Balance at beginning of year $ 13,801 $ 13,801 Goodwill acquired - - Balance at end of year $ 13,801 $ 13,801 Intangible assets 2023 2022 Balance at beginning of year $ 281 $ 520 Intangible assets acquired - - Amortization ( 190 ) ( 239 ) Balance at end of year $ 91 $ 281 Amortizable intangible assets were composed of the following (in thousands): September 30, 2023 2022 Gross Carrying Accumulated (dollars in thousands) Core deposit intangible $ 4,787 $ 4,696 $ 4,506 2023 2022 Aggregate amortization expense: As of the years ended September 30 $ 190 $ 239 Estimated future amortization expense (in thousands): 2024 91 $ 91 Employee Benefit Plans The Bank maintains a noncontributory, defined benefit pension plan for all employees who have met age and length of service requirements. The Bank also maintains a defined contribution Section 401(k) plan covering eligible employees. The Company created an ESOP for the benefit of employees who meet certain eligibility requirements. The Company makes cash contributions to the ESOP on an annual basis. The Company maintains an equity incentive plan to provide for issuance or granting of shares of common stock for stock options or restricted stock. The Company has recorded stock-based employee compensation cost using the fair value method as allowed under generally accepted accounting principles. Management estimated the fair values of all option grants using the Black-Scholes option-pricing model. Management estimated the expected life of the options using the simplified method as allowed under generally accepted accounting principles. The risk-free rate was determined utilizing the treasury yield for the expected life of the option contract. Advertising Costs The Company expenses all advertising expenditures incurred. Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company; (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Income Taxes Deferred tax assets and liabilities are reflected based on the differences between the financial statement and the income tax basis of assets and liabilities using the enacted marginal tax rates. Deferred income tax expense and benefit are based on the changes in the deferred tax assets or liabilities from period to period. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which such items are expected to be realized or settled. As changes in tax rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. The Company files a consolidated federal income tax return and individual state income tax returns. The Company prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. Cash and Cash Equivalents The Company has defined cash and cash equivalents as cash and due from banks and interest-bearing deposits with other institutions with original maturities of less than 90 days. Earnings Per Share The Company provides dual presentation of basic and diluted earnings per share. Basic earnings per share are calculated utilizing net income as reported as the numerator and average shares outstanding as the denominator. The computation of diluted earnings per share differs in that the dilutive effects of any options are adjusted for in the denominator. Comprehensive Income (Loss) The Company is required to present comprehensive income (loss) and its components in a full set of general-purpose financial statements for all periods presented. Other comprehensive income (loss) is composed of net unrealized holding gains or losses on its available-for-sale investment and mortgage-backed securities portfolio and derivative instruments, and changes in unrecognized pension cost. Fair Value Measurements The Company groups assets and liabilities carried at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: • Level I – Valuation is based upon quoted prices for identical instruments traded in active markets. • Level II – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level III – Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset. The Company determines fair value based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It is our policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy in generally accepted accounting principles. Fair value measurements for most of the Company’s assets are obtained from independent pricing services that we have engaged for this purpose. When available, the Company, or the Company’s independent pricing service, use quoted market prices to measure fair value. If market prices are not available, fair value measurement is based upon models that incorporate available trade, bid, and other market information. Subsequently, all of the Company’s financial instruments use either of the foregoing methodologies to determine fair value adjustments recorded to our financial statements. In certain cases, however, when market observable inputs for model-based valuation techniques may not be readily available, we are required to make judgments about assumptions market participants would use in estimating the fair value of financial instruments. The degree of management judgment involved in determining the fair value of a financial instrument is dependent upon the availability of quoted market prices or observable market parameters. For financial instruments that trade actively and have quoted market prices or observable market parameters, there is minimal subjectivity involved in measuring fair value. When observable market prices and parameters are not fully available, management judgment is necessary to estimate fair value. In addition, changes in the market conditions may reduce the availability of quoted prices or observable data. When market data is not available, we use valuation techniques requiring more management judgment to estimate the appropriate fair value measurement. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used, including discount rates and estimates of future cash flows, that could significantly affect the results of current or future valuations. Reclassification of Comparative Amounts Certain items previously reported have been reclassified to conform to the current year’s reporting format. Such reclassifications did not affect consolidated net income or consolidated stockholders’ equity. Recent Accounting Pronouncements ASU 2016-13: The FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , as further amended. The ASU requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model, referred to as the current expected credit loss model ("CECL"). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for purchased financial assets with a more-than insignificant amount of credit deterioration since origination ("PCD assets") should be determined in a similar manner to other financial assets measured on an amortized cost basis. However, upon initial recognition, the allowance is added to the purchase price to determine the initial amortized cost basis, referred to as the gross up approach. The subsequent accounting for PCD assets is the same expected loss model described above. Further, the ASU made certain targeted amendments to the existing impairment model for available-for-sale ("AFS") debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. Certain incremental disclosures are required. Subsequently, the FASB issued ASU 2018-19, ASU 2019-04, ASU 2019-05, ASU 2019-10, and ASU 2019-11 and ASU 2020-02 to clarify, improve, or defer the adoption of ASU 2016-13. In October 2019, the FASB issued ASU 2019-10 which deferred the implementation date of ASU 2016-13 until October 1, 2023. The Company has finalized the methodology determination, software models, quantitative framework, and policies and procedures for how to determine expected credit losses under the new guidance. Management is finalizing the qualitative component of the CECL calculation, reviewing internal procedures, policies, assumptions, and is working with an independent third-party consultant to validate system models. In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (ASC 815): Fair Value Hedging - Portfolio Layer Method . ASC 815 currently permits only prepayable financial assets and one or more beneficial interests secured by a portfolio of prepayable financial instruments to be included in a last-of-layer closed portfolio. The amendments in this Update allow non-prepayable financial assets to also be included in a closed portfolio hedged using the portfolio layer method. That expanded scope permits an entity to apply the same portfolio hedging method to both prepayable and non-prepayable financial assets, thereby allowing consistent accounting for similar hedges. The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or result

Earnings per Share

Earnings per Share	12 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings per Share	2. EARNINGS PER SHARE The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation for the years ended September 30, 2023 and 2022. 2023 2022 Weighted-average common shares outstanding 18,133,095 18,133,095 Average treasury stock shares ( 7,732,056 ) ( 7,668,387 ) Average unearned ESOP shares ( 631,882 ) ( 656,281 ) Average unearned nonvested shares ( 43,953 ) ( 46,990 ) Weighted-average common shares and common stock 9,725,204 9,761,437 Additional common stock equivalents (nonvested stock) - 3,720 Additional common stock equivalents (stock options) - - Weighted-average common shares and common stock 9,725,204 9,765,157 At September 30, 2023, there were 11,588 shares of nonvested stock outstanding at an average weighted price of $ 16.54 per share that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive. At September 30, 2022 there were 21,340 shares of nonvested stock outstanding at an average weighted price of $ 16.55 per share that were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive.

Investment Securities

Investment Securities	12 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investment Securities	3. INVESTMENT SECURITIES The amortized cost, gross unrealized gains and losses, and fair value of investment securities are summarized as follows (in thousands): 2023 Amortized Gross Gross Fair Available for sale Fannie Mae $ 55,878 $ - $ ( 6,418 ) $ 49,460 Freddie Mac 49,833 1 ( 5,552 ) 44,282 Governmental National Mortgage Association securities 6,986 - ( 397 ) 6,589 Total mortgage-backed securities 112,697 1 ( 12,367 ) 100,331 Obligations of states and political subdivisions 9,794 - ( 742 ) 9,052 U.S. government treasury securities 123,562 19 ( 1 ) 123,580 U.S. government agency securities 29,089 - ( 137 ) 28,952 Corporate obligations 73,962 - ( 8,241 ) 65,721 Other debt securities 7,139 - ( 719 ) 6,420 Total debt securities $ 356,243 $ 20 $ ( 22,207 ) $ 334,056 Held to maturity Fannie Mae $ 27,652 $ - $ ( 5,217 ) $ 22,435 Freddie Mac 22,145 - ( 4,424 ) 17,721 Total 49,797 - ( 9,641 ) 40,156 U.S. government agency securities 2,445 - ( 511 ) 1,934 Total debt securities $ 52,242 $ - $ ( 10,152 ) $ 42,090 2022 Amortized Gross Gross Fair Available for sale Fannie Mae $ 61,118 $ 1 $ ( 5,432 ) $ 55,687 Freddie Mac 53,842 - ( 4,532 ) 49,310 Governmental National Mortgage Association securities 5,411 - ( 248 ) 5,163 Total mortgage-backed securities 120,371 1 ( 10,212 ) 110,160 Obligations of states and political subdivisions 10,815 - ( 895 ) 9,920 U.S. government agency securities 9,530 - ( 200 ) 9,330 Corporate obligations 76,692 14 ( 5,587 ) 71,119 Other debt securities 8,810 2 ( 694 ) 8,118 Total debt securities $ 226,218 $ 17 $ ( 17,588 ) $ 208,647 Held to maturity Fannie Mae $ 30,659 $ - $ ( 5,127 ) $ 25,532 Freddie Mac 24,187 - ( 4,142 ) 20,045 Total 54,846 - ( 9,269 ) 45,577 U.S. government agency securities 2,439 - ( 470 ) 1,969 Total debt securities $ 57,285 $ - $ ( 9,739 ) $ 47,546 The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during the twelve months ended September 30, 2023 and 2022. (Dollars in thousands) 2023 2022 Net (losses) gains recognized during the period on equity securities $ ( 4 ) $ 4 Less: Net gains recognized during the period on equity - - Unrealized (losses) gains recognized during the reporting period on equity securities still held at the reporting date $ ( 4 ) $ 4 The amortized cost and fair value of debt securities at September 30, 2023, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties (in thousands): Available for Sale Held to Maturity Amortized Fair Amortized Fair Due in one year or less $ 150,017 $ 149,999 $ - $ - Due after one year through five years 39,045 36,789 - - Due after five years through ten years 71,145 62,520 7,027 5,945 Due after ten years 96,036 84,748 45,215 36,145 Total $ 356,243 $ 334,056 $ 52,242 $ 42,090 For the year ended September 30, 2023 the Company realized no gross gains and gross losses of $ 121,000 on proceeds from the sale of investment securities of $ 1.0 million. For the year ended September 30, 2022, the Company did no t sell any investment securities. Investment securities with carrying values of $ 289.4 million and $ 245.5 million at September 30, 2023 and 2022, respectively, were pledged to secure public deposits and other purposes as required by law. Investment securities with carrying values of $ 57.3 million at September 30, 2023 were pledged to the Federal Reserve Bank. No securities were pledged to the Federal Reserve Bank in 2022. The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position (dollars in thousands): 2023 Less than Twelve Months Twelve Months or Greater Total Number Fair Gross Fair Gross Fair Gross Fannie Mae 77 $ 5,675 $ ( 196 ) $ 66,220 $ ( 11,439 ) $ 71,895 $ ( 11,635 ) Freddie Mac 63 3,828 ( 159 ) 57,168 ( 9,817 ) 60,996 ( 9,976 ) Governmental National Mortgage 14 2,151 ( 51 ) 4,438 ( 346 ) 6,589 ( 397 ) Obligations of states and political subdivisions 11 - - 9,052 ( 742 ) 9,052 ( 742 ) U.S. government treasury securities 1 24,705 ( 1 ) - - 24,705 ( 1 ) U.S. government agency securities 4 24,582 ( 6 ) 6,304 ( 642 ) 30,886 ( 648 ) Corporate obligations 87 6,045 ( 273 ) 59,677 ( 7,968 ) 65,722 ( 8,241 ) Other debt securities 17 395 - 6,025 ( 719 ) 6,420 ( 719 ) Total 274 $ 67,381 $ ( 686 ) $ 208,884 $ ( 31,673 ) $ 276,265 $ ( 32,359 ) 2022 Less than Twelve Months Twelve Months or Greater Total Number Fair Gross Fair Gross Fair Gross Fannie Mae 74 $ 67,101 $ ( 8,344 ) $ 13,759 $ ( 2,215 ) $ 80,860 $ ( 10,559 ) Freddie Mac 63 59,954 ( 6,868 ) 9,401 ( 1,806 ) 69,355 ( 8,674 ) Governmental National Mortgage 13 2,924 ( 194 ) 2,182 ( 54 ) 5,106 ( 248 ) Obligations of states and political subdivisions 12 9,920 ( 895 ) - - 9,920 ( 895 ) U.S. government agency securities 4 11,299 ( 670 ) - - 11,299 ( 670 ) Corporate obligations 88 49,333 ( 3,394 ) 19,773 ( 2,193 ) 69,106 ( 5,587 ) Other debt securities 17 5,764 ( 610 ) 1,759 ( 84 ) 7,523 ( 694 ) Total 271 $ 206,295 $ ( 20,975 ) $ 46,874 $ ( 6,352 ) $ 253,169 $ ( 27,327 ) The Company’s investment securities portfolio contains unrealized losses on securities, including mortgage-related instruments issued or backed by the full faith and credit of the United States government, or generally viewed as having the implied guarantee of the U.S. government agency securities, U.S. government treasury securities, other mortgage-backed securities, corporate obligations, obligations of states and political subdivisions and other debt securities. The Company reviews its position quarterly and has asserted that at September 30, 2023 and 2022, the declines outlined in the above table represent temporary declines and the Company would not be required to sell the security before its anticipated recovery in market value. The Company has concluded that any impairment of its investment securities portfolio at September 30, 2023 and 2022, is not other than temporary but is the result of interest rate changes that are not expected to result in the noncollection of principal and interest during the period.

Loans Receivable

Loans Receivable	12 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Loans Receivable	4. LOANS RECEIVABLE Loans receivable consist of the following (in thousands): 2023 2022 Real estate loans: Residential $ 713,326 $ 623,375 Construction 16,768 25,024 Commercial 821,958 678,841 Commercial 48,143 38,158 Obligations of states and political subdivisions 48,118 40,416 Home equity loans and lines of credit 48,212 43,170 Auto loans 523 3,611 Other 2,002 1,716 1,699,050 1,454,311 Less allowance for loan losses 18,525 18,528 Net loans $ 1,680,525 $ 1,435,783 Loans serviced by the Company for others amounted to $ 217.0 million and $ 200.2 million at September 30, 2023 and 2022, respectively. The Company began selling current production residential real estate loans to the FHLB in February 2020. The Company’s primary business activity is with customers located in counties where its branch offices are located and to a lesser extent, the contiguous counties in the Commonwealth of Pennsylvania. Commercial, residential, and consumer loans are granted. The Company also funds commercial and residential loans originated outside its immediate trade area provided such loans meet the Company’s credit policy guidelines. Although the Company has a diversified loan portfolio at September 30, 2023 and 2022, loans outstanding to individuals and businesses are dependent upon the local economic conditions in its immediate trade area. The following tables show the amount of loans in each category that was individually and collectively evaluated for impairment at the dates indicated (in thousands): Total Individually Collectively September 30, 2023 Real estate loans: Residential $ 713,326 $ 1,393 $ 711,933 Construction 16,768 - 16,768 Commercial 821,958 7,664 814,294 Commercial 48,143 648 47,495 Obligations of states and political subdivisions 48,118 - 48,118 Home equity loans and lines of credit 48,212 27 48,185 Auto Loans 523 - 523 Other 2,002 3 1,999 Total $ 1,699,050 $ 9,735 $ 1,689,315 Total Individually Impairment Collectively September 30, 2022 Real estate loans: Residential $ 623,375 $ 1,342 $ 622,033 Construction 25,024 - 25,024 Commercial 678,841 12,165 666,676 Commercial 38,158 937 37,221 Obligations of states and political subdivisions 40,416 - 40,416 Home equity loans and lines of credit 43,170 36 43,134 Auto Loans 3,611 16 3,595 Other 1,716 6 1,710 Total $ 1,454,311 $ 14,502 $ 1,439,809 The Company maintains a loan review system, which allows for a periodic review of our loan portfolio and the early identification of potential impaired loans. Such system takes into consideration, among other things, delinquency status, size of loans, type and market value of collateral, and financial condition of the borrowers. Specific loan loss allowances are established for identified losses based on a review of such information. A loan evaluated for impairment is considered to be impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. All loans identified as impaired are evaluated independently. The Company does not aggregate such loans for evaluation purposes. Impairment is measured on a loan-by-loan basis for commercial and construction loans by the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral-dependent. The following tables include the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable, excluding purchased impaired credit loans. Also presented are the average recorded investments in the impaired loans and the related amount of interest recognized during the time within the period that the impaired loans were impaired (in thousands). Recorded Unpaid Associated Average Interest September 30, 2023 With no specific allowance recorded: Real estate loans: Residential $ 1,294 $ 2,091 $ - $ 1,140 $ 3 Construction - - - - - Commercial 6,240 7,094 - 8,182 1 Commercial 648 960 - 549 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 27 62 - 32 - Auto loans - - - 3 - Other 3 17 - 5 - Subtotal 8,212 10,224 - 9,911 4 With an allowance recorded: Real estate loans: Residential 99 103 7 101 - Construction - - - - - Commercial 1,424 1,562 35 1,490 - Commercial - - - 267 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit - - - - - Auto loans - - - - - Other - - - - - Subtotal 1,523 1,665 42 1,858 - Total: Real estate loans: Residential 1,393 2,194 7 1,241 3 Construction - - - - - Commercial 7,664 8,656 35 9,672 1 Commercial 648 960 - 816 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 27 62 - 32 - Auto loans - - - 3 - Other 3 17 - 5 - Total $ 9,735 $ 11,889 $ 42 $ 11,769 $ 4 Recorded Unpaid Associated Average Interest September 30, 2022 With no specific allowance recorded: Real estate loans: Residential $ 1,239 $ 2,029 $ - $ 1,776 $ 8 Construction - - - - - Commercial 8,384 8,987 - 5,898 - Commercial 865 905 - 139 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 36 68 - 271 - Auto loans 16 28 - 18 - Other 6 19 - 7 - Subtotal 10,546 12,036 - 8,109 8 With an allowance recorded: Real estate loans: Residential 103 108 12 113 - Construction - - - - - Commercial 3,781 3,928 301 957 - Commercial 72 83 38 529 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit - - - - - Auto loans - - - 3 - Other - - - - - Subtotal 3,956 4,119 351 1,602 - Total: Real estate loans: Residential 1,342 2,137 12 1,889 8 Construction - - - - - Commercial 12,165 12,915 301 6,855 - Commercial 937 988 38 668 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 36 68 - 271 - Auto loans 16 28 - 21 - Other 6 19 - 7 - Total $ 14,502 $ 16,155 $ 351 $ 9,711 $ 8 The Company uses a dual risk rating methodology to monitor the credit quality of the overall commercial loan portfolio. This rating system consists of a borrower rating scale from 1 to 14 and a collateral coverage rating scale from A to J that provides a mechanism to separate borrower creditworthiness from the value of collateral recovery in the event of default. The two ratings are combined using a matrix to develop an overall composite loan quality risk rating. The criticized rating categories utilized by management generally follow bank regulatory definitions. The Special Mention category includes assets that are fundamentally sound yet, exhibit potentially unacceptable credit risk or deteriorating trends or characteristics which if left uncorrected, may result in deterioration of the repayment prospects for the asset or in the Company’s credit position at some future date. Loans in the Substandard category have well-defined weaknesses that jeopardize the liquidation of the debt and have a distinct possibility that some loss will be sustained if the weaknesses are not corrected. All loans greater than 90 days past due are considered Substandard. Loans in the Doubtful category have all the weaknesses inherent in one classified Substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Loans in the Loss category are considered uncollectible and of little value that their continuance as bankable assets is not warranted. To help ensure that risk ratings are accurate and reflect the present and future capacity of borrowers to repay a loan as agreed, the Company has a structured loan rating process with several layers of internal and external oversight. Generally, consumer and residential mortgage loans are included in the Pass categories unless a specific action, such as bankruptcy, repossession, or death, occurs to raise awareness of a possible credit event. The Company’s Commercial Loan Officers are responsible for the timely and accurate risk rating of the loans in their portfolios at origination and on an ongoing basis. The Company’s credit management team performs an annual review of all commercial relationships $ 2,000,000 or greater. Confirmation of the appropriate risk grade is included in the review on an ongoing basis. The Company engages an external consultant to conduct loan reviews on at least a semiannual basis. Generally, the external consultant reviews commercial relationships greater than $ 1,000,000 and/or all criticized relationships equal to or greater than $ 500,000 . Detailed reviews, including plans for resolution, are performed on loans classified as Substandard on a quarterly basis. Loans in the Substandard category that are evaluated for impairment are given separate consideration in the determination of the allowance. The following tables present the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, and Doubtful within the internal risk rating system as of September 30, 2022 and 2022 (in thousands): Pass Special Substandard Doubtful Total September 30, 2023 Commercial real estate loans $ 807,736 $ 3,200 $ 11,022 $ - $ 821,958 Commercial 46,452 - 1,691 - 48,143 Obligations of states and political subdivisions 48,118 - - - 48,118 Total $ 902,306 $ 3,200 $ 12,713 $ - $ 918,219 Pass Special Substandard Doubtful Total September 30, 2022 Commercial real estate loans $ 659,104 $ 6,060 $ 13,677 $ - $ 678,841 Commercial 35,322 1,690 1,146 - 38,158 Obligations of states and political subdivisions 40,416 - - - 40,416 Total $ 734,842 $ 7,750 $ 14,823 $ - $ 757,415 All other loans are underwritten and structured using standardized criteria and characteristics, primarily payment performance, and are normally risk rated and monitored collectively on a monthly basis. These are typically loans to individuals in the consumer categories and are delineated as either performing or nonperforming. For residential real estate loans, construction real estate loans, home equity loans and lines of credit, auto loans, and other loans, the Company evaluates credit quality based on the performance of the individual credits. The following tables present the recorded investment in the loan classes based on payment activity as of September 30, 2023 and 2022 (in thousands): Performing Nonperforming Total September 30, 2023 Real estate loans: Residential $ 710,757 $ 2,569 $ 713,326 Construction 16,768 - 16,768 Home equity loans and lines of credit 48,165 47 48,212 Auto loans 523 - 523 Other 1,972 30 2,002 Total $ 778,185 $ 2,646 $ 780,831 Performing Nonperforming Total September 30, 2022 Real estate loans: Residential $ 621,781 $ 1,594 $ 623,375 Construction 25,024 - 25,024 Home equity loans and lines of credit 42,832 338 43,170 Auto loans 3,590 21 3,611 Other 1,710 6 1,716 Total $ 694,937 $ 1,959 $ 696,896 The Company further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans, purchased credit impaired loans and nonaccrual loans as of September 30, 2023 and 2022 (in thousands): 31-60 61-90 Greater than Total Total Current Past Due Past Due Past Due Past Due Loans September 30, 2023 Real estate loans: Residential $ 710,290 $ 792 $ 199 $ 2,045 $ 3,036 $ 713,326 Construction 16,768 - - - - 16,768 Commercial 820,853 240 - 865 1,105 821,958 Commercial 47,893 - - 250 250 48,143 Obligations of states and 48,118 - - - - 48,118 Home equity loans and lines of 48,191 - - 21 21 48,212 Auto loans 485 37 1 - 38 523 Other 1,959 10 33 - 43 2,002 Total $ 1,694,557 $ 1,079 $ 233 $ 3,181 $ 4,493 $ 1,699,050 September 30, 2022 Real estate loans: Residential $ 621,270 $ 598 $ 367 $ 1,140 $ 2,105 $ 623,375 Construction 25,024 - - - - 25,024 Commercial 672,875 5,719 - 247 5,966 678,841 Commercial 37,160 539 440 19 998 38,158 Obligations of states and 40,416 - - - - 40,416 Home equity loans and lines of 42,842 121 144 63 328 43,170 Auto loans 3,462 134 2 13 149 3,611 Other 1,685 - 31 - 31 1,716 Total $ 1,444,734 $ 7,111 $ 984 $ 1,482 $ 9,577 $ 1,454,311 Non-Accrual Loans September 30, 2023 September 30, 2022 Real estate loans: Residential $ 2,569 $ 1,594 Construction - - Commercial 7,763 12,165 Commercial 652 958 Obligations of states and - - Home equity loans and lines of 47 338 Auto loans - 21 Other 30 6 Total $ 11,061 $ 15,082 There were no loans greater than 90 days delinquent and still accruing interest at September 30, 2023 and 2022. The allowance for loan losses (“ALL”) is maintained at a level necessary to absorb loan losses that are both probable and reasonably estimable. Management, in determining the allowance for loan losses, considers the losses inherent in its loan portfolio and changes in the nature and volume of loan activities, along with the general economic and real estate market conditions. The allowance for loan losses consists of three elements: (1) an allocated allowance, which comprises allowances established on specific loans and class allowances based on historical loss experience and current trends, (2) an allocated allowance based on general economic conditions and other risk factors in our markets and portfolios, and (3) an unallocated allowance not to exceed 10 % of total reserves which acts as a contingency against unforeseen future events which may negatively impact the Company’s loan portfolio. We maintain a loan review system, which allows for a periodic review of our loan portfolio and the early identification of potential impaired loans. Such system takes into consideration, among other things, delinquency status, size of loans, type and market value of collateral, and financial condition of the borrowers. General loan loss allowances are based upon a combination of factors including, but not limited to, actual loan loss experience, composition of the loan portfolio, current economic conditions, management’s judgment and losses which are probable and reasonably estimable. The allowance is increased through provisions charged against current earnings and recoveries of previously charged-off loans. Loans that are determined to be uncollectible are charged against the allowance. While management uses available information to recognize probable and reasonably estimable loan losses, future loss provisions may be necessary, based on changing economic conditions. Payments received on impaired loans generally are either applied against principal or reported as interest income, according to management’s judgment as to the collectability of principal. The allowance for loan losses as of September 30, 2023, is maintained at a level that represents management’s best estimate of losses inherent in the loan portfolio, and such losses were both probable and reasonably estimable. In addition, the FDIC and the Pennsylvania Department of Banking, as an integral part of their examination process, have periodically reviewed the Company’s allowance for loan losses. The banking regulators may require that the Company recognize additions to the ALL based on their analysis and review of information available to it at the time of their examination. Management reviews the loan portfolio on a quarterly basis using a defined, consistently applied process in order to make appropriate and timely adjustments to the ALL. When information confirms all or part of specific loans to be uncollectible, these amounts are promptly charged-off against the ALL. The following table summarizes the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of September 30, 2023 and 2022 (in thousands): Real Obligations of Home Equity Residential Construction Commercial Commercial Subdivisions Credit Auto Other Unallocated Total ALL balance at September $ 4,114 $ 187 $ 10,470 $ 1,041 $ 393 $ 318 $ 232 $ 21 $ 1,337 $ 18,113 Charge-offs ( 19 ) - ( 23 ) - - ( 6 ) ( 40 ) ( 22 ) - ( 110 ) Recoveries 382 - 35 - - 9 99 - - 525 Provision 645 132 272 ( 343 ) ( 110 ) 40 ( 269 ) 23 ( 390 ) - ALL balance at September $ 5,122 $ 319 $ 10,754 $ 698 $ 283 $ 361 $ 22 $ 22 $ 947 $ 18,528 Individually evaluated for $ 12 $ - $ 301 $ 38 $ - $ - $ - $ - $ - $ 351 Collectively evaluated for 5,110 319 10,453 660 283 361 22 22 947 18,177 ALL balance at September $ 5,122 $ 319 $ 10,754 $ 698 $ 283 $ 361 $ 22 $ 22 $ 947 $ 18,528 ALL balance at September $ 5,122 $ 319 $ 10,754 $ 698 $ 283 $ 361 $ 22 $ 22 $ 947 $ 18,528 Charge-offs - - ( 615 ) ( 269 ) - - ( 28 ) - - ( 912 ) Recoveries 45 - 20 - - 66 78 - - 209 Provision ( 270 ) ( 136 ) 1,824 512 ( 173 ) ( 81 ) ( 70 ) - ( 906 ) 700 ALL balance at September $ 4,897 $ 183 $ 11,983 $ 941 $ 110 $ 346 $ 2 $ 22 $ 41 $ 18,525 Individually evaluated for $ 7 $ - $ 35 $ - $ - $ - $ - $ - $ - $ 42 Collectively evaluated for 4,890 183 11,948 941 110 346 2 22 41 18,483 ALL balance at September $ 4,897 $ 183 $ 11,983 $ 941 $ 110 $ 346 $ 2 $ 22 $ 41 $ 18,525 The allowance for loan losses is based on estimates, and actual losses will vary from current estimates. Management believes that the granularity of the homogeneous pools and the related historical loss ratios and other qualitative factors, as well as the consistency in the application of assumptions, result in an ALL that is representative of the risk found in the components of the portfolio at any given date. During the year ended September 30, 2023 the Company recorded provision expense for the commercial real estate loans and commercial loans segments due to either increased loan balances, changes in the loan mix within the pool, and/or charge-off activity in those segments. Credit provisions were recorded for loan loss for the residential real estate loans, construction loans, obligations of states and political subdivisions, home equity loans and lines of credit, other loans and auto loans segments due to either decreased loan balances, improved asset quality, changes in the loan mix within the pool, and/or decreased charge-off activity in those segments. During the year ended September 30, 2022 the Company recorded provision expense for the residential real estate loans, construction real estate loans, commercial real estate loans, home equity loans and lines of credit and other loans segments due to either increased loan balances, changes in the loan mix within the pool, and/or charge-off activity in those segments. During the year ended September 30, 2023, the allowance for loan loss for commercial real estate loans increased $ 1.8 million due primarily to an increase in commercial real estate loans of $ 143.1 million. Credit provisions were recorded for loan loss for the commercial loans, obligations of states and political subdivisions, and auto loans segments due to either decreased loan balances, improved asset quality, changes in the loan mix within the pool, and/or decreased charge-off activity in those segments. During the year ended September 30, 2022, the allowance for loan loss for residential real estate loans increased $ 1.0 million due primarily to an increase in residential real estate loans of $ 43.1 million. The following is a summary of troubled debt restructurings granted during the periods indicated (dollars in thousands). For the Year Ended September 30, 2023 Number of Pre-Modification Post-Modification Troubled debt restructurings Real estate loans: Residential 3 $ 295 $ 355 Construction - - - Commercial 3 6,058 6,058 Commercial - - - Obligations of states and political subdivisions - - - Home equity loans and lines of credit - - - Auto loans - - - Other - - - Total 6 $ 6,353 $ 6,413 For the Year Ended September 30, 2022 Number of Pre-Modification Post-Modification Troubled debt restructurings Real estate loans: Residential 2 $ 83 $ 93 Construction - - - Commercial - - - Commercial - - - Obligations of states and political subdivisions - - - Home equity loans and lines of credit - - - Auto loans - - - Other - - - Total 2 $ 83 $ 93 One new troubled debt restructuring granted for the year ended September 30, 2023 totaled $ 211,000 and was granted interest rate concessions . Four new troubled debt restructurings granted for the year ended September 30, 2023 totaled $ 6.1 million and were terms concessions. One new troubled debt restructuring granted for the year ended September 30, 2023 totaled $ 33,000 and was granted interest rate and terms concessions. One new troubled debt restructuring granted for the year ended September 30, 2022 totaled $ 44,000 and was granted interest rate and terms concessions. One new troubled debt restructuring granted for the year ended September 30, 2022 totaled $ 39,000 and was granted interest rate and interest capitalization concessions. For the years ended September 30, 2023 and 2022 there was no loan modifications classified as troubled debt restructurings that subsequently defaulted within one year of modification. As of September 30, 2023, the Company has initiated formal foreclosure proceedings on $ 568,000 of consumer residential mortgages which have not yet been transferred into foreclosed assets.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Premises and Equipment	5. PREMISES AND EQUIPMENT Premises and equipment consist of the following (in thousands): 2023 2022 Land and land improvements $ 6,075 $ 6,075 Buildings and leasehold improvements 16,100 16,030 Furniture, fixtures, and equipment 14,565 13,961 Construction in process 44 7 36,784 36,073 Less accumulated depreciation ( 23,871 ) ( 22,947 ) Total $ 12,913 $ 13,126 Depreciation expense amounted to $ 919,000 and $ 896,000 for the years ended September 30, 2023 and 2022 respectively.

Deposits

Deposits	12 Months Ended
	Sep. 30, 2023
Deposits Liabilities Disclosures [Abstract]
Deposits	6. DEPOSITS Deposits and their respective weighted-average interest rates consist of the following major classifications (dollars in thousands): 2023 2022 Weighted- Amount Weighted- Amount Noninterest-bearing demand accounts - % $ 280,473 - % $ 290,061 Interest bearing demand accounts 0.65 346,458 0.10 357,516 Money market accounts 2.02 366,866 0.73 402,080 Savings and club accounts 0.06 163,248 0.05 196,696 Certificates of deposit 3.99 503,971 0.49 133,668 Total 1.80 % $ 1,661,016 0.29 % $ 1,380,021 At September 30, 2023 scheduled maturities of certificates of deposit are as follows (in thousands): 2024 $ 457,232 2025 32,308 2026 5,732 2027 3,990 2028 4,709 Total $ 503,971 Brokered deposits totaled $ 214.2 million at September 30, 2023. The Company had no brokered deposits at September 30, 2022. The aggregate amount of certificates of deposit with a minimum denomination of $ 250,000 were $ 72.0 million and $ 14.6 million at September 30, 2023 and 2022, respectively. The scheduled maturities of certificates of deposit in denominations of $250,000 or more as of September 30, 2023, are as follows (in thousands): Within three months $ 21,442 Three through six months 18,819 Six through twelve months 28,080 Over twelve months 3,653 Total $ 71,994

Short-Term Borrowings

Short-Term Borrowings	12 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Short-Term Borrowings	7. SHORT-TERM BORROWINGS As of September 30, 2023, and 2022, the Company had $ 374.7 million and $ 230.8 million of short-term borrowings, respectively. There were $ 59.7 million and $ 4.8 million in advances in 2023 and 2022, respectively on a $ 150.0 million line of credit with the FHLB. There were also $ 255.0 million and $ 226.0 million in advances on other short term borrowings in 2023 and 2022, respectively with the FHLB. The Company also had a $ 60.0 advance with the Federal Reserve Bank in 2023. All borrowings from the FHLB are secured by a blanket lien on qualified collateral, defined principally as investment securities and mortgage loans that are owned by the Company free and clear of any liens or encumbrances. The Federal Reserve borrowing is secured by investment securities. At September 30, 2023, the Company had a borrowing limit of approximately $ 852.4 million, with a variable rate of interest, based on the FHLB’s cost of funds. The following table sets forth information concerning short-term borrowings (in thousands): 2023 2022 Balance at year-end $ 374,652 $ 230,810 Maximum amount outstanding at any month-end 464,041 230,810 Average balance outstanding during the year 305,623 63,754 Weighted-average interest rate: As of year-end 5.56 % 3.37 % Paid during the year 2.14 % 0.62 % Average balances outstanding during the year represent daily average balances, and average interest rates represent interest expenses divided by the related average balance.

Income Taxes

Income Taxes	12 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	8. INCOME TAXES The provision for income taxes consists of (in thousands): 2023 2022 Current: Federal $ 4,183 $ 4,915 State 59 207 Total current taxes 4,242 5,122 Deferred income tax expense 252 ( 188 ) Total income tax provision $ 4,494 $ 4,934 The tax effects of deductible and taxable temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows (in thousands): 2023 2022 Deferred tax assets: Allowance for loan losses $ 3,890 $ 3,891 Net unrealized loss on pension plan — 294 Investment losses subject to Section 382 limitation 1,516 1,685 Net unrealized loss on securities 4,659 3,690 Deferred compensation 293 315 Other real estate owned 195 146 Nonaccrual interest 95 99 Employee stock ownership plan 596 544 Other 2,102 2,352 Total gross deferred tax assets 13,346 13,016 Deferred tax liabilities: Pension plan 1,152 1,087 Mortgage servicing rights 184 166 Premises and equipment 264 281 Net unrealized gain on derivatives 2,118 3,215 Low income housing tax credits 1,164 1,081 Other 1,587 1,811 Total gross deferred tax liabilities 6,469 7,641 Net deferred tax assets $ 6,877 $ 5,375 The Company establishes a valuation allowance for deferred tax assets when management believes that the deferred tax assets are not likely to be realized either through a carryback to taxable income in prior years, future reversals of existing taxable temporary differences, and, to a lesser extent, future taxable income. Accounting principles prescribe a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met. There is currently no liability for uncertain tax positions and no known unrecognized tax benefits. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the Consolidated Statement of Income. The Company’s federal and state income tax returns for taxable years through 2018 have been closed for purposes of examination by the Internal Revenue Service and the Pennsylvania Department of Revenue. The reconciliation of the federal statutory rate and the Company’s effective income tax rate is as follows (dollars in thousands): 2023 2022 Amount % of Amount % of Provision at statutory rate $ 4,845 21.0 % $ 5,251 21.0 % Income from bank-owned life insurance ( 165 ) ( 0.7 ) ( 159 ) ( 0.6 ) Tax-exempt income ( 317 ) ( 1.3 ) ( 292 ) ( 1.2 ) Low-income housing credits ( 36 ) ( 0.1 ) ( 45 ) ( 0.2 ) Other, net 167 0.7 179 0.7 Actual tax expense and effective rate $ 4,494 19.5 % $ 4,934 19.7 % The Bank is subject to the Pennsylvania Mutual Thrift Institutions Tax that is calculated at 11.5 percent of earnings based on U.S. generally accepted accounting principles with certain adjustments.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	9. COMMITMENTS AND CONTINGENT LIABILITIES In the normal course of business, management makes various commitments that are not reflected in the consolidated financial statements. These commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Balance Sheet. The Company’s exposure to credit loss in the event of nonperformance by the other parties to the financial instruments is represented by the contractual amounts as disclosed. Losses, if any, are charged to the allowance for loan losses. The Company minimizes its exposure to credit loss under these commitments by subjecting them to credit approval and review procedures and collateral requirements, as deemed necessary, in compliance with lending policy guidelines. The off-balance sheet commitments consist of the following (in thousands): 2023 2022 Commitments to extend credit $ 188,685 $ 292,563 Standby letters of credit 13,815 14,490 Unfunded lines of credit 114,350 124,656 The commitments outstanding at September 30, 2023, contractually mature in less than one year . The instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Balance Sheet. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. The amount of collateral obtained, as deemed necessary, is based upon management’s credit evaluation in compliance with the lending policy guidelines. Since many of the credit line commitments are expected to expire without being fully drawn upon, the total contractual amounts do not necessarily represent future funding requirements. Standby letters of credit and financial guarantees represent conditional commitments issued to guarantee performance of a customer to a third party. The coverage period for these instruments is typically a one-year period with renewal option subject to prior approval by management. Fees earned from the issuance of these letters are recognized over the coverage period. For secured letters of credit, the collateral is typically Company deposit instruments. The Company is required to maintain a reserve balance with certain third party providers. At September 30, 2023 the reserve balance was $ 1.2 million. Legal Proceedings The Company and its subsidiaries are subject to various legal actions arising in the normal course of business. In the opinion of Management, the resolution of these legal actions is not expected to have a material adverse effect on the Company’s results of operations. The Company and its subsidiary, ESSA Bank and Trust (“ESSA B&T”) were named as defendants, among others, in an action commenced on December 8, 2016 by one plaintiff who sought to pursue the suit as a class action on behalf of the entire class of people similarly situated. The plaintiff alleged that a bank previously acquired by the Company received unearned fees and kickbacks in the process of making loans, in violation of the Real Estate Settlement Procedures Act. In an order dated January 29, 2018, the district court granted the defendants’ motion to dismiss the case. The plaintiff appealed the court’s ruling. In an opinion and order dated April 26, 2019, the appellate court reversed the district court’s order dismissing the plaintiff’s case against the Company and remanded the case to the district court in order to continue the litigation. The litigation is now proceeding before the district court. On December 9, 2019, the court permitted an amendment to the complaint to add two new plaintiffs to the case asserting similar claims. On May 21, 2020, the court granted the plaintiffs’ motion for class certification. Fact and expert discovery is now complete, and the Company and ESSA B&T filed motions seeking to have the case dismissed (in whole or in part) and/or the class de-certified, as well as for other relief. Plaintiffs opposed the motions. On August 18, 2023 the Court granted the motions to dismiss as to the Company and ESSA B&T, with the result that the only remaining defendant is a now-dissolved former wholly-owned subsidiary of a previously-acquired company. The Court also amended its class certification order. Plaintiffs have sought permission to appeal from these and other related rulings. The Company and ESSA B&T will continue to vigorously defend against plaintiffs’ allegations. To the extent that this matter could result in exposure to the Company and/or ESSA B&T, the amount or range of such exposure is not currently estimable but could be substantial. On May 29, 2020, the Company and ESSA B&T were named as defendants in a second action commenced by three plaintiffs who also seek to pursue this action as a class action on behalf of the entire class of people similarly situated. The plaintiffs allege that a bank previously acquired by the Company received unearned fees and kickbacks from a different title company than the one involved in the previously discussed litigation in the process of making loans. The original complaint alleged violations of the Real Estate Settlement Procedures Act, the Sherman Act, and the Racketeer Influenced and Corrupt Organizations Act (“RICO”). The plaintiffs filed an Amended Complaint on September 30, 2020 that dropped the RICO claim, but they are continuing to pursue the Real Estate Settlement Procedures Act and Sherman Act claims. The defendants moved to dismiss the Sherman Act claim on October 14, 2020, and that motion was denied on April 2, 2021. On March 13, 2023 the court granted plaintiffs’ motion for class certification. The case is currently in the discovery phase. The Company and ESSA B&T intend to vigorously defend against plaintiffs’ allegations. To the extent that this matter could result in exposure to the Company and/or ESSA B&T, the amount or range of such exposure is not currently estimable but could be substantial. Settlement with the Department of Justice On May 31, 2023, ESSA Bank & Trust (“ESSA Bank”), a wholly owned subsidiary of the Company, entered into a consent order with the U.S. Department of Justice (“DOJ”) to resolve allegations of violations of the fair lending laws within the Philadelphia Metropolitan Statistical Area (“MSA”). Under the settlement, ESSA Bank agrees to provide $ 2.9 million in mortgage loan subsidies over a five-year period for majority Black and Hispanic census tracts, with at least 50 % of those subsidies to be invested in specified Philadelphia MSA census tracts in proximity to ESSA Bank’s two Delaware County branch locations. The remainder of the subsidies may be used in other qualifying areas. ESSA Bank is also committing $ 250,000 in additional focused marketing and outreach, $ 125,000 in community development partnerships, and making investments in additional mortgage professionals and a community development officer focused on statistically underserved communities. The DOJ consent order was approved by the United States District Court for the Eastern District of Pennsylvania on June 9, 2023, and at that point all claims asserted by the DOJ against ESSA Bank were resolved according to its terms. The Company is committed to investing the $ 2.9 million over five years and will record the related expenses in the period in which the activities occur.

Leases

Leases	12 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Leases	10. LEASES A lease is defined as a contract, or part of a contract, that conveys the right to control the use of identified property, plant or equipment for a period of time in exchange for consideration. The Company accounts for all its leases in accordance with Topic 842. For the Company, Topic 842 primarily affects the accounting treatment for operating lease agreements in which the Company is the lessee. Lessee Accounting Substantially all of the leases in which the Company is the lessee are comprised of real estate property for branches, ATM locations, and office space with terms extending through 2044 . All of our leases are classified as operating leases on the Company’s Consolidated Balance Sheet for both periods. The following table presents the Consolidated Balance Sheet classification of the Company’s right-of-use assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the Consolidated Balance sheet. (in thousands) September 30, 2023 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 6,046 Total Lease Right-Of-Use Assets $ 6,046 (in thousands) September 30, 2023 Lease Liabilities Classification Operating lease liabilities Other liabilities $ 6,288 Total Lease Liabilities $ 6,288 (in thousands) September 30, 2022 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 6,075 Total Lease Right-Of-Use Assets $ 6,075 (in thousands) September 30, 2022 Lease Liabilities Classification Operating lease liabilities Other liabilities $ 6,275 Total Lease Liabilities $ 6,275 The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. September 30, 2023 Weighted average remaining lease term Operating leases 11.7 years Weighted average discount rate Operating leases 3.29 % September 30, 2022 Weighted average remaining lease term Operating leases 12.2 years Weighted average discount rate Operating leases 2.38 % The following table represents lease costs and other lease information. As the Company elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance and utilities. Lease Costs (in thousands) Twelve Months Ended September 30, 2023 Operating lease cost $ 977 Variable lease cost 245 Net lease cost $ 1,222 Lease Costs (in thousands) Twelve Months Ended September 30, 2022 Operating lease cost $ 1,025 Variable lease cost 330 Net lease cost $ 1,355 Future minimum payments for leases with initial or remaining terms of one year or more as of September 30, 2023 were as follows: (in thousands) Leases Twelve months Ended: September 30, 2024 $ 988 September 30, 2025 792 September 30, 2026 738 September 30, 2027 604 September 30, 2028 579 Thereafter 4,029 Total future minimum lease payments 7,730 Amounts representing interest ( 1,442 ) Present Value of Net Future Minimum Lease Payments $ 6,288

Employee Benefits

Employee Benefits	12 Months Ended
	Sep. 30, 2023
Postemployment Benefits [Abstract]
Employee Benefits	11. EMPLOYEE BENEFITS Employee Stock Ownership Plan (“ESOP”) The Company created an ESOP for the benefit of employees who meet the eligibility requirements, which include having completed one year of service with the Company or its subsidiary and attained age 21 . The ESOP trust acquired 1,358,472 shares of the Company’s stock in 2007 from proceeds from a loan with the Company. The Company makes cash contributions to the ESOP on an annual basis sufficient to enable the ESOP to make the required loan payments. Cash dividends paid on allocated shares are distributed to participants and cash dividends paid on unallocated shares are used to repay the outstanding debt of the ESOP. The ESOP trust’s outstanding loan bears interest at prime, adjustable each January 1 st , which was 7.50 % at September 30, 2023 and requires an annual payment of principal and interest through December of 2036 . The Company’s ESOP, which is internally leveraged, does not report the loans receivable extended to the ESOP as assets and does not report the ESOP debt due to the Company. As the debt is repaid, shares are released from the collateral and allocated to qualified employees based on the proportion of payments made during the year to the remaining amount of payments due on the loan through maturity. Accordingly, the shares pledged as collateral are reported as unallocated common stock held by the ESOP shares in the Consolidated Balance Sheet. As shares are released from collateral, the Company reports compensation expense equal to the current market price of the shares, and the shares become outstanding for earnings-per-share computations. The Company recognized ESOP expense of $ 798,000 and $ 792,000 , for the years ended September 30, 2023 and 2022, respectively. The following table presents the components of the ESOP shares: 2023 2022 Allocated shares 411,696 390,547 Shares committed to be released 33,962 33,962 Unreleased shares 599,992 645,274 Total ESOP shares 1,045,650 1,069,783 Fair value of unreleased shares (in thousands) $ 9,516 $ 13,170 Equity Incentive Plan The Company previously maintained the ESSA Bancorp, Inc. 2007 Equity Incentive Plan (the “Plan”). The Plan provided for a total of 2,377,326 shares of common stock for issuance upon the grant or exercise of awards. Of the shares available under the Plan, 1,698,090 were available to be issued in connection with the exercise of stock options and 679,236 were available to be issued as restricted stock. The Plan allowed for the granting of non-qualified stock options (“NSOs”), incentive stock options (“ISOs”), and restricted stock. Options under the plan were granted at no less than the fair value of the Company’s common stock on the date of the grant. As of the effective date of the 2016 Equity Incentive Plan (detailed below), no further grants will be made under the plan and forfeitures of outstanding awards under the plan will be added to the shares available under the 2016 Equity Incentive Plan. The Company replaced the 2007 Equity Incentive Plan with the ESSA Bancorp, Inc. 2016 Equity Incentive Plan (the “2016 Plan”). The 2016 Plan provides for a total of 250,000 shares of common stock for issuance upon the grant or exercise of awards. The 2016 Plan allows for the granting of restricted stock, restricted stock units, incentive stock options and non-qualified stock options. The Company classifies share-based compensation for employees and outside directors within “Compensation and employee benefits” in the Consolidated Statement of Income to correspond with the same line item as compensation paid. Restricted stock shares outstanding at September 30, 2023 vest over periods ranging from 1 year to 3 years . The product of the number of shares granted and the grant date market price of the Company’s common stock determines the fair value of restricted shares under the Company’s restricted stock plan. The Company expenses the fair value of all share based compensation grants over the requisite service period. During the years ended September 30, 2023 and 2022, the Company recorded $ 560,000 and $ 517,000 of share-based compensation expense consisting of restricted stock expense. Expected future compensation expense relating to the restricted shares outstanding, at September 30, 2023 is $ 450,000 over the remaining vesting period of 3.0 years. The following is a summary of the status of the Company’s nonvested restricted stock as of September 30, 2023, and changes therein during the year then ended: Number of Stock Weighted- Nonvested at September 30, 2022 35,639 $ 14.88 Granted 31,696 19.06 Vested ( 33,675 ) 16.69 Forfeited ( 1,148 ) 16.35 Nonvested at September 30, 2023 32,512 $ 17.03 Defined Benefit Plan The Bank sponsors a trusteed, noncontributory defined benefit pension plan covering substantially all employees and officers. The plan calls for benefits to be paid to eligible employees at retirement based primarily upon years of service with the Bank and compensation rates near retirement. The Bank’s funding policy is to make annual contributions, if needed, based upon the funding formula developed by the plan’s actuary. In February 2017, the Bank amended the defined benefit pension plan to provide that no additional participants would enter the plan and no additional benefits would accrue beyond February 28, 2017. The following table sets forth the change in plan assets and benefit obligation at September 30 (in thousands): 2023 2022 Change in benefit projected obligation: Projected benefit obligation at beginning of year $ 12,776 $ 20,895 Service cost - - Interest cost 656 556 Actuarial (gains) losses ( 568 ) ( 5,129 ) Benefits paid ( 668 ) ( 3,546 ) Projected benefit obligation at end of year 12,196 12,776 Change in plan assets: Fair value of plan assets at beginning of year 16,551 23,248 Actual return on plan assets 1,886 ( 3,152 ) Contributions - - Benefits paid ( 668 ) ( 3,545 ) Fair value of plan assets at end of year 17,769 16,551 Funded status $ 5,573 $ 3,775 Amounts not yet recognized as a component of net periodic pension cost at September 30 (in thousands): 2023 2022 Amounts recognized in accumulated other comprehensive Net (gain) loss $ ( 85 ) $ 1,401 The accumulated benefit obligation for the defined benefit pension plan was $ 12.2 million and $ 12.8 million at September 30, 2023 and 2022, respectively. The following table comprises the components of net periodic benefit cost for the years ended September 30 (in thousands): 2023 2022 Service cost $ - $ - Interest cost 656 556 Expected return on plan assets ( 968 ) ( 1,228 ) Recognized net actuarial loss - 2 Settlement loss - 260 Net periodic benefit $ ( 312 ) $ ( 410 ) Weighted-average assumptions used to determine benefit obligations for the years ended September 30: 2023 2022 Discount rate 5.80 % 5.31 % Rate of compensation increase N/A N/A Weighted-average assumptions used to determine net periodic benefit cost for the years ended September 30: 2023 2022 Discount rate 1 5.31 % 2.61 % Expected long-term return on plan assets 6.00 % 6.00 % Rate of compensation increase N/A N/A The expected long-term rate of return was estimated using market benchmarks by which the plan assets would outperform the market in the future, based on historical experience adjusted for changes in asset allocation and expectations for overall lower future returns on similar investments compared with past periods. 1 For September 30, 2022 discount rates were 2.61 % for October 1 - December 31, 2021; 2.66 % for January 1 - March 31, 2022; 3.54 % for April 1 - June 30, 2022; and 4.50 % for July 1 - September 30, 2022 Plan Assets The following tables set forth by level, within the fair value hierarchy, the plan’s financial assets at fair value as of September 30, 2023 and 2022 (in thousands): September 30, 2023 Level I Level II Level III Total Investment in collective trusts: Fixed income $ - $ 7,081 $ - $ 7,081 Equity - 10,661 - 10,661 Investment in short-term investments - 27 - 27 Total assets at fair value $ - $ 17,769 $ - $ 17,769 September 30, 2022 Level I Level II Level III Total Investment in collective trusts: Fixed income $ - $ 6,670 $ - $ 6,670 Equity - 9,831 - 9,831 Investment in short-term investments - 50 - 50 Total assets at fair value $ - $ 16,551 $ - $ 16,551 Investments in collective trusts and short-term investments are valued at the net asset value of shares held by the plan. The Bank’s defined benefit pension plan weighted-average asset allocations at September 30, 2023 and 2022 by asset category, are as follows: September 30, Asset Category 2023 2022 Fixed income securities 39.8 % 40.3 % Equity securities 60.0 59.4 Other 0.2 0.3 Total 100.0 % 100.0 % The Bank believes that the plan’s risk and liquidity position are, in large part, a function of the asset class mix. The Bank desires to utilize a portfolio mix that results in a balanced investment strategy. Three asset classes are outlined, as above. The target allocations of these classes are as follows: equity securities, 65 percent, and cash and fixed income securities, 35 percent. Cash Flows The Bank does no t expect to make any contributions to its pension plan in fiscal 2024. Estimated future benefit payments, which reflect expected future service, as appropriate, are as follows (in thousands): 2024 $ 645 2025 1,328 2026 950 2027 1,378 2028 609 2029-2033 3,292 401(k) Plan The Bank also has a savings plan qualified under Section 401(k) of the Internal Revenue Code, which covers substantially all employees over 21 years of age. Employees can contribute to the plan, but are not required to. Employer contributions were reinstated in March 2017. Employer contributions are allocated based on employee contribution levels. The expense related to the plan for the year ended September 30, 2023 and 2022 was $ 517,000 and $ 496,000 , respectively. Supplemental Executive Retirement Plan The Bank maintains a salary continuation agreement with certain executives of the Bank, which provides for benefits upon retirement to be paid to the executive for no less than 192 months, unless the executive elects to receive the present value of the payments as a lump sum. The Bank has recorded accruals of $ 3.0 million and $ 2.6 million at September 30, 2023 and 2022, respectively which represent the estimated present value (using a discount rate of 6.00 percent) of the benefits earned under this agreement. There was $ 391,000 and $ 63,000 in expense related to the supplemental executive retirement plan for the years ended September 30, 2023 and 2022, respectively.

Regulatory Restrictions

Regulatory Restrictions	12 Months Ended
	Sep. 30, 2023
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Restrictions	12. REGULATORY RESTRICTIONS Reserve Requirements The Bank is required to maintain reserve funds in cash or in deposit with the Federal Reserve Bank. The Federal Reserve Bank reduced the reserve requirement to zero effective March 26, 2020. As a result, there was no required reserve at September 30, 2023 and 2022. Dividend Restrictions Federal banking laws, regulations, and policies limit the Bank’s ability to pay dividends to the Company. Dividends may be declared and paid by the Bank only out of net earnings for the then current year. A dividend may not be declared or paid if it would impair the general reserves of the Bank as required to be maintained under the Pennsylvania Banking.

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Sep. 30, 2023
Banking and Thrift, Other Disclosure [Abstract]
Regulatory Capital Requirements	13. REGULATORY CAPITAL REQUIREMENTS Federal regulations require the Bank and the Company to maintain certain minimum amounts of capital. Specifically, the Bank is required to maintain certain minimum dollar amounts and ratios of Total and Tier 1 capital to risk-weighted assets, of Tier 1 capital to average total assets, and common equity Tier 1 capital to risk-weighted assets. Bank holding companies are generally subject to statutory capital requirements, which were implemented by certain of the new capital regulations described above that became effective on January 1, 2015. However, the Small Banking Holding Company Policy Statement exempts certain small bank holding companies like the Company from those requirements provided that they meet certain conditions. In addition to the capital requirements, the Federal Deposit Insurance Corporation Improvement Act (“FDICIA”) established five capital categories ranging from “well capitalized” to “critically undercapitalized.” Should any institution fail to meet the requirements to be considered “adequately capitalized,” it would become subject to a series of increasingly restrictive regulatory actions. Management believes that, as of September 30, 2023, the Bank met all capital adequacy requirements to which it is subject. As of September 30, 2023, and 2022, the FDIC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be classified as a well-capitalized financial institution, Total risk-based, Tier 1 risk-based, common equity Tier 1 capital and Tier 1 leverage capital must be at least 10 percent, 8 percent, 6.5 percent, and 5 percent, respectively. There have been no conditions or events since the notification that management believes have changed the Bank’s or the Company’s category. The Bank’s actual capital ratios for the years ended September 30 are presented in the following table (dollars in thousands): 2023 2022 Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Actual $ 224,683 13.0 % $ 211,390 13.3 % For capital adequacy purposes 138,582 8.0 126,843 8.0 To be well capitalized 173,228 10.0 158,554 10.0 Tier 1 capital (to risk-weighted assets) Actual $ 206,106 11.9 % $ 192,810 12.2 % For capital adequacy purposes 103,937 6.0 95,132 6.0 To be well capitalized 138,582 8.0 126,843 8.0 Common equity tier 1 capital (to risk-weighted assets) Actual $ 206,106 11.9 % $ 192,810 12.2 % For capital adequacy purposes 77,953 4.5 71,349 4.5 To be well capitalized 112,598 6.5 103,060 6.5 Tier 1 capital (to adjusted assets) Actual $ 206,106 9.4 % $ 192,810 10.5 % For capital adequacy purposes 87,671 4.0 73,656 4.0 To be well capitalized 109,589 5.0 92,070 5.0

Fair Value

Fair Value	12 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value	14. FAIR VALUE The following disclosures show the hierarchal disclosure framework associated within the level of pricing observations utilized in measuring assets and liabilities at fair value. The definition of fair value maintains the exchange price notion in earlier definitions of fair value but focuses on the exit price of the asset or liability. The exit price is the price that would be received to sell the asset or paid to transfer the liability adjusted for certain inherent risks and restrictions. Expanded disclosures are also required about the use of fair value to measure assets and liabilities. Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis The following tables provide the fair value for assets and liabilities required to be measured and reported at fair value on a recurring basis on the Consolidated Balance Sheet as of September 30, 2023 and September 30, 2022 by level within the fair value hierarchy (in thousands). Reoccurring Fair Value Measurements at Reporting Date September 30, 2023 Level I Level II Level III Total Assets: Investment securities available for sale: Mortgage-backed securities $ - $ 100,331 $ - $ 100,331 Obligations of states and political subdivisions - 9,052 - 9,052 U.S. government treasury securities - 123,580 - 123,580 U.S. government agency securities - 28,952 - 28,952 Corporate obligations - 62,885 2,836 65,721 Other debt securities - 6,420 - 6,420 Total debt securities - 331,220 2,836 334,056 Equity securities - financial services 32 - - 32 Derivatives and hedging activities - 19,662 - 19,662 Liabilities: Derivatives and hedging activities - 9,579 - 9,579 Reoccurring Fair Value Measurements at Reporting Date September 30, 2022 Level I Level II Level III Total Assets: Investment securities available for sale: Mortgage-backed securities $ - $ 110,160 $ - $ 110,160 Obligations of states and political subdivisions - 9,920 - 9,920 U.S. government agency securities - 9,330 - 9,330 Corporate obligations - 63,745 7,374 71,119 Other debt securities - 8,118 - 8,118 Total debt securities - 201,273 7,374 208,647 Equity securities - financial services 36 - - 36 Derivatives and hedging activities - 24,481 - 24,481 Liabilities: Derivatives and hedging activities - 9,176 - 9,176 The following tables present a summary of changes in the fair value of the Company’s Level III investments for years ended September 30, 2023 and 2022 (in thousands). Fair Value Measurement Using September 30, September 30, Beginning balance $ 7,374 $ 11,112 Purchases, sales, issuances, settlements, net - 1,515 Total unrealized gain: Included in earnings - - Included in other comprehensive income ( 188 ) ( 753 ) Transfers into Level III - - Transfers out of Level III ( 4,350 ) ( 4,500 ) $ 2,836 $ 7,374 Each financial asset and liability is identified as having been valued according to a specified level of input, 1, 2 or 3. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Fair values determined by Level 2 inputs utilize inputs other than quoted prices included in Level 1 that are observable for the asset, either directly or indirectly. Level 2 inputs include quoted prices for similar assets in active markets, and inputs other than quoted prices that are observable for the asset or liability. Level 3 inputs are unobservable inputs for the asset, and include situations where there is little, if any, market activity for the asset or liability. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the level in the fair value hierarchy, within which the fair value measurement in its entirety falls, has been determined based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset. The measurement of fair value should be consistent with one of the following valuation techniques: market approach, income approach, and/or cost approach. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities (including a business). For example, valuation techniques consistent with the market approach often use market multiples derived from a set of comparable. Multiples might lie in ranges with a different multiple for each comparable. The selection of where within the range the appropriate multiple falls requires judgment, considering factors specific to the measurement (qualitative and quantitative). Valuation techniques consistent with the market approach include matrix pricing. Matrix pricing is a mathematical technique used principally to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on a security’s relationship to other benchmark quoted securities. Most of the securities classified as available for sale are reported at fair value utilizing Level 2 inputs. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quoted market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the bond’s terms and conditions, among other things. Securities reported at fair value utilizing Level 1 inputs are limited to actively traded equity securities whose market price is readily available from the New York Stock Exchange or the NASDAQ exchange. A few securities are valued using Level 3 inputs, all of these are classified as available for sale and are reported at fair value using Level 3 inputs. Assets and Liabilities Required to be Measured and Reported on a Non-Recurring Basis The following tables provide the fair value for assets required to be measured and reported at fair value on a non recurring basis on the Consolidated Balance Sheet as of September 30, 2023 and September 30, 2022 by level within the fair value hierarchy: September 30, 2023 Level I Level II Level III Total Financial assets: Foreclosed real estate $ - $ - $ 3,311 $ 3,311 Impaired loans - - 9,693 9,693 September 30, 2022 Level I Level II Level III Total Financial assets: Foreclosed real estate $ - $ - $ 29 $ 29 Impaired loans - - 14,151 14,151 The following tables present additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: Quantitative Information About Level III Fair Value Measurements Fair Value Valuation Unobservable Range Average) September 30, 2023 Impaired loans $ 9,693 Appraisal of (1) Appraisal (2) 0 % to 35 % 20.8 %) Foreclosed real estate owned 3,311 Appraisal of (1) Appraisal (2) 10 to 35 % 10.2 %) September 30, 2022 Impaired loans $ 14,151 Appraisal of (1) Appraisal (2) 0 % to 35 % 20.6 %) Foreclosed real estate owned 29 Appraisal of (1) Appraisal (2) 20 % 20.0 %) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. Investment Securities Available for Sale The fair value of securities available for sale are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1), or matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. For certain securities which are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence (Level 3). In the absence of such evidence, management’s best estimate is used. Management’s best estimate consists of both internal and external support on certain Level 3 investments. Internal cash flow models using a present value formula that includes assumptions market participants would use along with indicative exit pricing obtained from broker/dealers (where available) are used to support fair values of certain Level 3 investments, if applicable. Equity Securities The fair value of equity securities are determined by obtaining quoted market prices on nationally recognized securities exchanges (Level 1). Impaired Loans The Company has measured impairment on impaired loans generally based on the fair value of the loan’s collateral. Evaluating impaired loan collateral is based on Level II inputs utilizing outside appraisals. Those impaired loans for which management incorporates significant adjustments for sales costs and other discount assumptions regarding market conditions are considered Level III fair values. The fair value consists of the loan balances of $ 9.7 million less their valuation allowances of $ 42,000 at September 30, 2023. The fair value consists of the loan balances of $ 14.5 million less their valuation allowances of $ 351,000 at September 30, 2022. Foreclosed Real Estate Owned Foreclosed real estate owned is measured at fair value, less cost to sell at the date of foreclosure; valuations are periodically performed by management; and the assets are carried at fair value, less cost to sell. Income and expenses from operations and changes in valuation allowance are included in the net expenses from foreclosed real estate. Derivatives The Company’s objectives in using interest rate derivatives are to add stability to interest income and expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company has entered into interest rate swaps as part of its interest rate risk management strategy. These interest rate swaps are designated as cash flow hedges and involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed payments. The fair value of the swap asset and liability is based on an external derivative model using data inputs as of the valuation date and are classified Level 2. Assets and Liabilities not Required to be Measured and Reported at Fair Value The methods and assumptions used by the Company in estimating fair values of financial instruments at September 30, 2023 and 2022 is in accordance with ASC Topic 825, Financial Instruments which requires public entities to use exit pricing in the calculations of the tables below. September 30, 2023 Carrying Level I Level II Level III Total Financial assets: Loans receivable, net $ 1,680,525 $ - $ - $ 1,524,615 $ 1,524,615 Mortgage servicing rights 874 - - 1,470 1,470 Investment securities held to maturity 52,242 - 42,090 - 42,090 Financial liabilities: Deposits 1,661,016 1,157,045 - 499,101 1,656,146 Short-term borrowings 374,652 - - 364,291 364,291 September 30, 2022 Carrying Level I Level II Level III Total Financial assets: Loans receivable, net $ 1,435,783 $ - $ - $ 1,351,823 $ 1,351,823 Mortgage servicing rights 788 - - 1,390 1,390 Investment securities held to maturity 57,285 - 47,546 - 47,546 Financial liabilities: Deposits 1,380,021 1,246,353 - 128,533 1,374,886 Short-term borrowings 230,810 - - 215,287 215,287 For Cash and Cash Equivalents, Accrued Interest Receivable, Regulatory Stock, Bank Owned Life Insurance, Advances by Borrowers for Taxes and Insurance, and Accrued Interest Payable the carrying value is a reasonable estimate of the fair value and are considered Level 1 measurements. The fair value approximates the current book value.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss)	15. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The activity in accumulated other comprehensive loss for the years ended September 30, 2023 and 2022, is as follows (in thousands): Accumulated Other Comprehensive Loss (1) Defined Unrealized Derivatives Total Balance at September 30, 2022 $ ( 1,108 ) $ ( 13,879 ) $ 12,093 $ ( 2,894 ) Other comprehensive income (loss) before 1,174 ( 3,742 ) 3,079 511 Amounts reclassified from accumulated other - 96 ( 7,206 ) ( 7,110 ) Period change 1,174 ( 3,646 ) ( 4,127 ) ( 6,599 ) Balance at September 30, 2023 $ 66 $ ( 17,525 ) $ 7,966 $ ( 9,493 ) Balance at September 30, 2021 $ ( 1,907 ) $ 1,962 $ 627 $ 682 Other comprehensive income (loss) before 591 ( 15,841 ) 12,116 ( 3,134 ) Amounts reclassified from accumulated other 208 - ( 650 ) ( 442 ) Period change 799 ( 15,841 ) 11,466 ( 3,576 ) Balance at September 30, 2022 $ ( 1,108 ) $ ( 13,879 ) $ 12,093 $ ( 2,894 ) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate approximating 21 % in Fiscal 2023 and 2022. Details About Accumulated Other Comprehensive Amount Reclassified from (3) Affected Line Item (in thousands) 2023 2022 Statement of Income Securities available for sale (1) : Net securities gains reclassified into $ ( 121 ) $ - Gain on sale of investment securities, net Related income tax expense 25 - Income taxes Net effect on accumulated other ( 96 ) - Defined benefit pension plan (2) : Amortization of net (loss) gain and - ( 263 ) Other expense Related income tax expense - 55 Income taxes Net effect on accumulated other - ( 208 ) Derivatives and Hedging Activities (2) : Interest expense, effective portion 9,122 823 Interest expense Related income tax expense ( 1,916 ) ( 173 ) Income taxes Net effect on accumulated other 7,206 650 Total reclassifications for the period $ 7,110 $ 442 (1) For additional details related to unrealized gains on securities and related amounts reclassified from accumulated other comprehensive income (loss) see Note 3, “Investment Securities.” (2) For additional details related to derivative financial instruments see Note17, “Derivatives and Hedging Activities.” (3) Amounts in parenthesis indicate debits.

Derivatives and Hedging Activit

Derivatives and Hedging Activities	12 Months Ended
	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	16. DERIVATIVES AND HEDGING ACTIVITIES Risk Management Objective of Using Derivatives The Company is exposed to certain risk arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of its assets and liabilities and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Company’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Company’s known or expected cash receipts and its known or expected cash payments. Fair Values of Derivative Instruments on the 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, 2023 and 2022, (in thousands). Fair Values of Derivative Instruments Asset Derivatives As of September 30, 2023 As of September 30, 2022 Hedged Item Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value FHLB Advances 230,000 Derivative and hedging assets 10,086 225,000 Derivative and hedging assets 15,310 Commercial Loans 86,265 Derivative and hedging assets 9,576 79,602 Derivative and hedging assets 9,171 Total derivatives designated as hedging $ 316,265 $ 19,662 $ 304,602 $ 24,481 Fair Values of Derivative Instruments Liability Derivatives As of September 30, 2023 As of September 30, 2022 Hedged Item Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value Commercial Loans 117,516 Derivative and hedging liabilities 9,579 111,668 Derivative and hedging liabilities 9,176 Total derivatives designated as hedging $ 117,516 $ 9,579 $ 111,668 $ 9,176 Cash Flow Hedges of Interest Rate Risk The Company’s objectives in using interest rate derivatives are to add stability to interest income and expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company has entered into interest rate swaps as part of its interest rate risk management strategy. These interest rate swaps are designated as cash flow hedges and involve the receipt of variable rate amounts from a counterparty in exchange for the Company making fixed payments. As of September 30, 2023, the Company had ten interest rate swaps with a notional of $ 230 million associated with the Company’s cash outflows associated with various FHLB advances and $ 204 million associated with commercial loans. As of September 30, 2022, the Company had ten interest rate swaps with a notional of $ 225 million associated with the Company’s cash outflows associated with various brokered deposits and $ 191 million associated with commercial loans. For derivatives designated as cash flow hedges, the effective portion of changes in the fair value of the derivative is initially reported in other comprehensive income (outside of earnings), net of tax, and subsequently reclassified to earnings when the hedged transaction affects earnings, and the ineffective portion of changes in the fair value of the derivative is recognized directly in earnings. The Company assesses the effectiveness of each hedging relationship by comparing the changes in cash flows of the derivative hedging instrument with the changes in cash flows of the designated hedged transactions. The Company did not recognize any hedge ineffectiveness in earnings during the periods ended September 30, 2023 and 2022. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest income/expense as interest payments are made/received on the Company’s variable-rate assets/liabilities. During the 12 months ended September 30, 2023 and 2022, the Company had $ 9.1 million and $ 823,000 in gains, classified to interest expense, respectively. During the next twelve months, the Company estimates that $ 7.8 million will be reclassified as a decrease in interest expense. 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, 2023 and 2022 (in thousands). The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income Derivatives in Hedging Relationships Amount of (Loss) Gain Recognized in OCI Amount of Gain Reclassified from Year Ended Year Ended Location of Gain Year Ended Year Ended 2023 2022 Accumulated OCI 2023 2022 Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ ( 5,222 ) $ 14,507 Interest Expense $ 9,122 $ 823 Total $ ( 5,222 ) $ 14,507 $ 9,122 $ 823 Credit-risk-related Contingent Features The Company has agreements with its derivative counterparties that contain a provision where if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. The Company also has agreements with certain of its derivative counterparties that contain a provision where if the Company fails to maintain its status as a well / adequately capitalized institution, then the counterparty could terminate the derivative positions and the Company would be required to settle its obligations under the agreements. As of September 30, 2023 and 2022 the Company had derivatives in a net asset position and was not required to post collateral against its obligations under these agreements. If the Company had breached any of these provisions at September 30, 2023 and 2022, it could have been required to settle its obligations under the agreements at the termination value.

Revenue Recognition

Revenue Recognition	12 Months Ended
	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	17. REVENUE RECOGNITION The Company accounts for its applicable revenue in accordance with ASC Topic 606 – Revenue from Contracts with Customers. The core principle of Topic 606 is that an entity recognize revenue at an amount that reflects the consideration to which the entity expects to be entitled in exchange for transferring goods or services to a customer. Topic 606 requires entities to exercise judgment when considering the terms of a contract. Topic 606 applies to all contracts with customers to provide goods or services in the ordinary course of business, except for contracts that are specifically excluded from its scope. Topic 606 does not apply to revenue associated with interest income on financial instruments, including loans and securities. Additionally, certain noninterest income streams, such as income from bank-owned life insurance, gains on loans sold, and gains and losses on sales of debt and equity securities, are out of scope of Topic 606. The Company has evaluated the nature of its contracts with customers and determined that further disaggregation beyond what is presented in the Consolidated Statement of Income was not necessary. The main types of non interest income within the scope of the standard are: Trust and Investment Fees Trust and asset management income is primarily comprised of fees earned from the management and administration of trusts and other customer assets. The Company’s performance obligation is generally satisfied over time and the resulting fees are recognized monthly, based upon the month-end market value of the assets under management and the applicable fee rate. Payment is generally received a few days after month end through a direct charge to customer’s accounts. The Company does not earn performance-based incentives. Optional services such as real estate sales and tax return preparation services are also available to existing trust and asset management customers. The Company’s performance obligation for these transactional-based services is generally satisfied, and related revenue recognized, at a point in time (i.e. as incurred). Payment is received shortly after services are rendered. Service Charges on Deposit Accounts Service charges on deposit accounts consist of account analysis fees (i.e. net fees earned on analyzed business and public checking accounts), monthly service fees, check orders, and other deposit account related fees. The Company’s performance obligation for account analysis fees and monthly service fees is generally satisfied, and the related revenue recognized, over the period in which the service is provided. Check orders and other deposit account related fees are largely transactional based, and therefore, the Company’s performance obligation is satisfied, and related revenue recognized, at a point in time. Payment for service charges on deposit accounts is primarily received immediately or in the following month through a direct charge to customers’ accounts. Fees, Exchange, and Other Service Charges Fees, interchange, and other service charges are primarily comprised of debit card income, ATM fees, cash management income, and other services charges. Debit card income is primarily comprised of interchange fees earned whenever the Company’s debit cards are processed through card payment networks such as Mastercard. ATM fees are primarily generated when a Company cardholder uses a non-Company ATM or a non-Company cardholder uses a company ATM. Other service charges include revenue from processing wire transfers, bill pay service, cashier’s checks, and other services. The Company’s performance obligation for fees, exchange, and other service charges are largely satisfied, and related revenue recognized when the services are rendered or upon completion. Payment is typically received immediately or in the following month. Insurance Commissions Insurance income primarily consists of commissions received on product sales. The Company acts as an intermediary between the Company’s customer and the insurance carrier. The Company’s performance obligation is generally satisfied upon the issuance of the policy. Shortly after the policy is issued, the carrier remits the commission payment to the Company, and the Company recognizes the revenue.

Parent Company

Parent Company	12 Months Ended
	Sep. 30, 2023
Condensed Financial Information Disclosure [Abstract]
Parent Company	18. PARENT COMPANY Condensed financial statements of ESSA Bancorp, Inc. are as follows (in thousands): CONDENSED BALANCE SHEET September 30, 2023 2022 ASSETS Cash and due from banks $ 5,564 $ 6,355 Equity securities 32 36 Investment in subsidiary 210,505 203,998 Premises and equipment, net 381 391 Other assets 3,377 1,702 TOTAL ASSETS $ 219,859 $ 212,482 LIABILITIES AND STOCKHOLDERS’ EQUITY Other liabilities $ 151 $ 145 Stockholders’ equity 219,708 212,337 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 219,859 $ 212,482 CONDENSED STATEMENT OF INCOME Year Ended September 30, 2023 2022 INCOME Interest income $ 718 $ 334 Unrealized gain on equity securities 4 ( 4 ) Dividends 6,000 10,000 Total income 6,722 10,330 EXPENSES Professional fees 657 537 Other 30 30 Total expenses 687 567 Income before income tax benefit 6,035 9,763 Income tax benefit 7 ( 52 ) Income before equity in undistributed net earnings of subsidiary 6,028 9,815 Equity in undistributed net earnings of subsidiary 12,548 10,255 NET INCOME $ 18,576 $ 20,070 COMPREHENSIVE INCOME $ 11,977 $ 16,494 CONDENSED STATEMENT OF CASH FLOWS Year Ended September 30, 2023 2022 OPERATING ACTIVITIES Net income $ 18,576 $ 20,070 Adjustments to reconcile net income to net cash provided by Equity in undistributed net earnings of subsidiary ( 12,548 ) ( 10,255 ) Provision for depreciation 10 10 Increase in accrued income taxes ( 1,443 ) 52 Decrease (increase) in accrued interest receivable ( 248 ) 8 Other, net 721 424 Net cash provided by operating activities 5,068 10,309 FINANCING ACTIVITIES Purchase of treasury stock shares - ( 1,884 ) Dividends on common stock ( 5,859 ) ( 5,273 ) Net cash used for financing activities ( 5,859 ) ( 7,157 ) Decrease in cash ( 791 ) 3,152 CASH AT BEGINNING OF YEAR 6,355 3,203 CASH AT END OF YEAR $ 5,564 $ 6,355

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Nature of Operations and Basis of Presentation	Nature of Operations and Basis of Presentation The consolidated financial statements include the accounts of ESSA Bancorp, Inc. (the “Company”), its wholly owned subsidiary, ESSA Bank & Trust (the “Bank”), and the Bank’s wholly owned subsidiaries, ESSACOR Inc.; Pocono Investments Company; ESSA Advisory Services, LLC; Integrated Financial Corporation; and Integrated Abstract Incorporated, a wholly owned subsidiary of Integrated Financial Corporation. The primary purpose of the Company is to act as a holding company for the Bank. The Bank’s primary business consists of the taking of deposits and granting of loans to customers generally in Monroe, Northampton, Lehigh, Lackawanna, Luzerne, Delaware, Chester, and Montgomery counties, Pennsylvania. The Bank is subject to regulation and supervision by the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation. The investment in subsidiary on the parent company’s financial statements is carried at the parent company’s equity in the underlying net assets. ESSACOR, Inc. is a Pennsylvania corporation that has been used to purchase properties at tax sales that represent collateral for delinquent loans of the Bank. Pocono Investment Company is a Delaware corporation formed as an investment company subsidiary to hold and manage certain investments, including certain intellectual property. ESSA Advisory Services, LLC is a Pennsylvania limited liability company owned 100 percent by ESSA Bank & Trust. ESSA Advisory Services, LLC is a full-service insurance benefits consulting company offering group services such as health insurance, life insurance, short-term and long-term disability, dental, vision, and 401(k) retirement planning as well as individual health products. Integrated Financial Corporation is a Pennsylvania Corporation that provided investment advisory services to the general public and is currently inactive. Integrated Abstract Incorporated is a Pennsylvania Corporation that provided title insurance services and is currently inactive. All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The accounting principles followed by the Company and its subsidiary and the methods of applying these principles conform to U.S. generally accepted accounting principles and to general practice within the banking industry. In preparing the consolidated financial statements, the Company is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the Consolidated Balance Sheet date and related revenues and expenses for the period. Actual results could differ from those estimates.
Securities	Securities The Company determines the appropriate classification of debt securities at the time of purchase and reevaluates such designation as of each balance sheet date. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors, including significant movement in interest rates, changes in maturity mix of the Company’s assets and liabilities, liquidity needs, regulatory capital considerations, and other similar factors. Securities available for sale are carried at fair value. Unrealized gains and losses are reported in other comprehensive income (loss), net of the related deferred tax effects. Realized gains or losses, determined on the basis of the cost of the specific securities sold, are included in earnings. Premiums and discounts are recognized in interest income using the interest method over the period to maturity. Declines in the fair value of securities below their cost that are deemed to be other than temporary are reflected in earnings as realized losses. In estimating other-than-temporary impairment losses, the Company considers: (1) the length of time and the extent to which the fair value has been less than cost; (2) the financial condition and near-term prospects of the issuer; and (3) the Company’s intent to sell the security or whether it’s more likely than not that the Company would be required to sell the security before its anticipated recovery in market value. Securities classified as held-to-maturity are those that the Company has the positive intent and ability to hold until maturity. These securities are reported at amortized cost. The fair market value of the equity securities tends to fluctuate with the overall equity markets as well as the trends specific to each institution. The equity securities portfolio is reviewed in a similar manner as that of the debt securities with greater emphasis placed on the length of time the market value has been less than the carrying value and the financial sector outlook. The Company also reviews dividend payment activities, levels of non-performing assets and loan loss reserves. The starting point for the equity analysis is the length and severity of market value decline. The realized loss is recognized as impairment charges on securities on the consolidated statements of income. The previous cost basis less the OTTI recognized in earnings becomes the new cost basis of the investment. Certain equity securities that do not have a readily determinable fair value are stated at cost, adjusted for observable price changes in orderly transactions for identical or similar investments of the same issuer. These securities include restricted stock of the Federal Home Loan Bank of Pittsburgh, as well as other equity securities.
Loans Receivable	Loans Receivable Loans receivable that the Company has the intent and ability to hold for the foreseeable future or until maturity or payoff are stated at their outstanding unpaid principal balances, net of an allowance for loan losses and any deferred fees and costs. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the yield (interest income) of the related loans. The Company is generally amortizing these amounts over the contractual life of the loan. The accrual of interest is generally discontinued when the contractual payment of principal or interest has become 90 days past due or the Company has serious doubts about further collectability of principal or interest, even though the loan is currently performing. A loan may remain on accrual status if it is in the process of collection and is either guaranteed or well secured. When a loan is placed on nonaccrual status, unpaid interest credited to income is reversed. Interest received on nonaccrual loans generally is either applied against principal or reported as interest income, according to the Company’s judgment as to the collectability of principal. Generally, loans are restored to accrual status when the obligation is brought current and has performed in accordance with the contractual terms for a reasonable period of time and the ultimate collectability of the total contractual principal and interest is no longer in doubt.
Loans Acquired	Loans Acquired Loans acquired including loans that have evidence of deterioration of credit quality since origination and for which it is probable, at acquisition, that the Company will be unable to collect all contractually required payments receivable, are initially recorded at fair value (as determined by the present value of expected future cash flows) with no valuation allowance. Loans are evaluated individually to determine if there is evidence of deterioration of credit quality since origination. The difference between the undiscounted cash flows expected at acquisition and the investment in the loan, or the “accretable yield,” is recognized as interest income on a level-yield method over the life of the loan. Contractually required payments for interest and principal that exceed the undiscounted cash flows expected at acquisition, or the “non-accretable difference,” are not recognized as a yield adjustment or as a loss accrual or a valuation allowance. Increases in expected cash flows subsequent to the initial investment are recognized prospectively through adjustment of the yield on the loan over its remaining estimated life. Decreases in expected cash flows are recognized immediately as impairment. Any valuation allowances on these impaired loans reflect only losses incurred after acquisition. For purchased loans acquired that are not deemed impaired at acquisition, credit discounts representing the principal losses expected over the life of the loan are a component of the initial fair value. Loans are aggregated and accounted for as a pool of loans if the loans being aggregated have common risk characteristics. Subsequent to the purchase date, the methods utilized to estimate the required allowance for credit losses for these loans is similar to originated loans; however, the Company records a provision for loan losses only when the required allowance exceeds any remaining credit discounts. The remaining differences between the purchase price and the unpaid principal balance at the date of acquisition are recorded in interest income over the life of the loans.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established through provisions for loan losses charged against income. Loans deemed to be uncollectible are charged against the allowance for loan losses, and subsequent recoveries, if any, are credited to the allowance for loan losses. The allowance for loan losses is maintained at a level by management which represents the evaluation of known and inherent risks in the loan portfolio at the Consolidated Balance Sheet date. Management’s periodic evaluation of the adequacy of the allowance is based on the Company’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions, and other relevant factors. This evaluation is inherently subjective, since it requires material estimates that may be susceptible to significant change, including the amounts and timing of future cash flows expected to be received on impaired loans. The allowance for loan losses consists of specific and general components. The specific component relates to loans that are classified as impaired. For such loans an allowance for loan losses is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical loss experience adjusted for qualitative factors. All loans are considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement and all loan types are considered impaired if the loan is restructured in a troubled debt restructuring. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral-dependent. Large groups of smaller-balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential mortgage loans for impairment disclosures unless such loans are part of a larger relationship that is impaired or classified as a troubled debt restructuring or is more than 180 days past due. A loan is considered to be a troubled debt restructuring (“TDR”) loan when the Company grants a concession to the borrower because of the borrower’s financial condition that it would not otherwise consider. Such concessions include the reduction of interest rates, forgiveness of principal or interest, or other modifications of interest rates that are less than the current market rate for new obligations with similar risk. TDR loans that are in compliance with their modified terms and that yield a market rate may be removed from the TDR status after one year of performance.
Regulatory Stock	Regulatory Stock Regulatory stock consists of Federal Home Loan Bank (“FHLB”) of Pittsburgh stock and Atlantic Community Bankers Bank stock. Regulatory stock is carried at cost. The Company is a member of the Federal Home Loan Bank System and holds stock in the Federal Home Loan Bank of Pittsburgh. As a member, the Company maintains an investment in the capital stock of the FHLB of Pittsburgh in an amount not less than 10 basis points of the outstanding member asset value plus 4.0 percent of its outstanding FHLB borrowings, as calculated throughout the year. The equity security is accounted for at cost and classified separately on the Consolidated Balance Sheet. The stock is bought from and sold to the FHLB based upon its $ 100 par value. The stock does not have a readily determinable fair value and as such is classified as restricted stock, carried at cost and evaluated by management. The stock’s value is determined by the ultimate recoverability of the par value rather than by recognizing temporary declines. The determination of whether the par value will ultimately be recovered is influenced by criteria such as the following: (a) The significance of the decline in net assets of the FHLB as compared to the capital stock amount and the length of time this situation has persisted; (b) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance; (c) the impact of legislative and regulatory changes on the customer base of the FHLB; and (d) the liquidity position of the FHLB. With consideration given to these factors, management concluded that the stock was not impaired at September 30, 2023.
Loan Servicing	Loan Servicing Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets. Capitalized servicing rights are reported in other assets and are amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon a third-party appraisal. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Impairment is recognized through a valuation allowance to the extent that fair value is less than the capitalized amount. The Company’s loan servicing assets at September 30, 2023 and 2022, were not impaired. Total servicing assets included in other assets as of September 30, 2023 and 2022, were $ 874,000 and $ 788,000 , respectively.
Premises and Equipment	Premises and Equipment Land is carried at cost. Premises and equipment are stated at cost less accumulated depreciation. Depreciation is calculated using the straight-line method over the useful lives of the related assets, which range from 10 to 40 years for buildings, land improvements, and leasehold improvements and three to seven years for furniture, fixtures, and equipment. Expenditures for maintenance and repairs are charged to operations as incurred. Costs of major additions and improvements are capitalized.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company records all derivatives on the Consolidated Balance Sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk in a fair value hedge or the earnings effect of the hedged forecasted transactions in a cash flow hedge. The Company may enter into derivative contracts that are intended to economically hedge certain of its risk, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. In accordance with the FASB’s fair value measurement guidance, the Company has elected to measure the credit risk of its derivative financial instruments that are subject to master netting agreements on a net basis by counterparty portfolio.
Bank-Owned Life Insurance ("BOLI")	Bank-Owned Life Insurance (“BOLI”) The Company owns insurance on the lives of a certain group of key employees. The policies were purchased to help offset the increase in the costs of various fringe benefit plans, including healthcare. The cash surrender value of these policies is included as an asset on the Consolidated Balance Sheet, and any increase in cash surrender value is recorded as noninterest income on the Consolidated Statement of Income. In the event of the death of an insured individual under these policies, the Company would receive a death benefit which would be recorded as noninterest income.
Foreclosed Real Estate	Foreclosed Real Estate Real estate owned acquired in settlement of foreclosed loans is carried at fair value minus estimated costs to sell. At acquisition of real estate acquired in settlement of foreclosed loans, the excess of the remaining loan balance over the asset’s estimated fair value less cost to sell is charged off against the allowance for loan losses. Subsequent declines in the asset’s value are recognized as noninterest expense in the Consolidated Statement of Income. Operating expenses of such properties, net of related income, are expensed in the period incurred.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill is not amortized, but it is tested at least annually for impairment in the fourth quarter, or more frequently if indicators of impairment are present. If the estimated current fair value of a reporting unit exceeds its carrying value, no additional testing is required and an impairment loss is not recorded. The Company uses market capitalization and multiples of tangible book value methods to determine the estimated current fair value of its reporting unit. Based on this analysis, no impairment was recorded in 2023 or 2022. The other intangible assets are assigned useful lives, which are amortized on an accelerated basis over their weighted-average lives. The Company periodically reviews intangible assets for impairment as events or changes in circumstances indicate that the carrying amount of such asset may not be recoverable. Based on these reviews, no impairment was recorded in 2023 and 2022. The following tables provide information for the carrying amount of goodwill and intangible assets (in thousands): Goodwill 2023 2022 Balance at beginning of year $ 13,801 $ 13,801 Goodwill acquired - - Balance at end of year $ 13,801 $ 13,801 Intangible assets 2023 2022 Balance at beginning of year $ 281 $ 520 Intangible assets acquired - - Amortization ( 190 ) ( 239 ) Balance at end of year $ 91 $ 281 Amortizable intangible assets were composed of the following (in thousands): September 30, 2023 2022 Gross Carrying Accumulated (dollars in thousands) Core deposit intangible $ 4,787 $ 4,696 $ 4,506 2023 2022 Aggregate amortization expense: As of the years ended September 30 $ 190 $ 239 Estimated future amortization expense (in thousands): 2024 91 $ 91
Employee Benefit Plans	Employee Benefit Plans The Bank maintains a noncontributory, defined benefit pension plan for all employees who have met age and length of service requirements. The Bank also maintains a defined contribution Section 401(k) plan covering eligible employees. The Company created an ESOP for the benefit of employees who meet certain eligibility requirements. The Company makes cash contributions to the ESOP on an annual basis. The Company maintains an equity incentive plan to provide for issuance or granting of shares of common stock for stock options or restricted stock. The Company has recorded stock-based employee compensation cost using the fair value method as allowed under generally accepted accounting principles. Management estimated the fair values of all option grants using the Black-Scholes option-pricing model. Management estimated the expected life of the options using the simplified method as allowed under generally accepted accounting principles. The risk-free rate was determined utilizing the treasury yield for the expected life of the option contract.
Advertising Costs	Advertising Costs The Company expenses all advertising expenditures incurred.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company; (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets; and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Income Taxes	Income Taxes Deferred tax assets and liabilities are reflected based on the differences between the financial statement and the income tax basis of assets and liabilities using the enacted marginal tax rates. Deferred income tax expense and benefit are based on the changes in the deferred tax assets or liabilities from period to period. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which such items are expected to be realized or settled. As changes in tax rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. The Company files a consolidated federal income tax return and individual state income tax returns. The Company prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not recognition threshold is measured at the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. Tax positions that previously failed to meet the more-likely-than-not recognition threshold should be recognized in the first subsequent financial reporting period in which that threshold is met. Previously recognized tax positions that no longer meet the more-likely-than-not recognition threshold should be derecognized in the first subsequent financial reporting period in which that threshold is no longer met.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company has defined cash and cash equivalents as cash and due from banks and interest-bearing deposits with other institutions with original maturities of less than 90 days.
Earnings Per Share	Earnings Per Share The Company provides dual presentation of basic and diluted earnings per share. Basic earnings per share are calculated utilizing net income as reported as the numerator and average shares outstanding as the denominator. The computation of diluted earnings per share differs in that the dilutive effects of any options are adjusted for in the denominator.
Comprehensive Income (Loss)	Comprehensive Income (Loss) The Company is required to present comprehensive income (loss) and its components in a full set of general-purpose financial statements for all periods presented. Other comprehensive income (loss) is composed of net unrealized holding gains or losses on its available-for-sale investment and mortgage-backed securities portfolio and derivative instruments, and changes in unrecognized pension cost.
Fair Value Measurements	Fair Value Measurements The Company groups assets and liabilities carried at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: • Level I – Valuation is based upon quoted prices for identical instruments traded in active markets. • Level II – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level III – Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset. The Company determines fair value based on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It is our policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy in generally accepted accounting principles. Fair value measurements for most of the Company’s assets are obtained from independent pricing services that we have engaged for this purpose. When available, the Company, or the Company’s independent pricing service, use quoted market prices to measure fair value. If market prices are not available, fair value measurement is based upon models that incorporate available trade, bid, and other market information. Subsequently, all of the Company’s financial instruments use either of the foregoing methodologies to determine fair value adjustments recorded to our financial statements. In certain cases, however, when market observable inputs for model-based valuation techniques may not be readily available, we are required to make judgments about assumptions market participants would use in estimating the fair value of financial instruments. The degree of management judgment involved in determining the fair value of a financial instrument is dependent upon the availability of quoted market prices or observable market parameters. For financial instruments that trade actively and have quoted market prices or observable market parameters, there is minimal subjectivity involved in measuring fair value. When observable market prices and parameters are not fully available, management judgment is necessary to estimate fair value. In addition, changes in the market conditions may reduce the availability of quoted prices or observable data. When market data is not available, we use valuation techniques requiring more management judgment to estimate the appropriate fair value measurement. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used, including discount rates and estimates of future cash flows, that could significantly affect the results of current or future valuations.
Reclassification of Comparative Amounts	Reclassification of Comparative Amounts Certain items previously reported have been reclassified to conform to the current year’s reporting format. Such reclassifications did not affect consolidated net income or consolidated stockholders’ equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU 2016-13: The FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments , as further amended. The ASU requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model, referred to as the current expected credit loss model ("CECL"). Under this model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. The ASU also replaces the current accounting model for purchased credit impaired loans and debt securities. The allowance for purchased financial assets with a more-than insignificant amount of credit deterioration since origination ("PCD assets") should be determined in a similar manner to other financial assets measured on an amortized cost basis. However, upon initial recognition, the allowance is added to the purchase price to determine the initial amortized cost basis, referred to as the gross up approach. The subsequent accounting for PCD assets is the same expected loss model described above. Further, the ASU made certain targeted amendments to the existing impairment model for available-for-sale ("AFS") debt securities. For an AFS debt security for which there is neither the intent nor a more-likely-than-not requirement to sell, an entity will record credit losses as an allowance rather than a write-down of the amortized cost basis. Certain incremental disclosures are required. Subsequently, the FASB issued ASU 2018-19, ASU 2019-04, ASU 2019-05, ASU 2019-10, and ASU 2019-11 and ASU 2020-02 to clarify, improve, or defer the adoption of ASU 2016-13. In October 2019, the FASB issued ASU 2019-10 which deferred the implementation date of ASU 2016-13 until October 1, 2023. The Company has finalized the methodology determination, software models, quantitative framework, and policies and procedures for how to determine expected credit losses under the new guidance. Management is finalizing the qualitative component of the CECL calculation, reviewing internal procedures, policies, assumptions, and is working with an independent third-party consultant to validate system models. In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (ASC 815): Fair Value Hedging - Portfolio Layer Method . ASC 815 currently permits only prepayable financial assets and one or more beneficial interests secured by a portfolio of prepayable financial instruments to be included in a last-of-layer closed portfolio. The amendments in this Update allow non-prepayable financial assets to also be included in a closed portfolio hedged using the portfolio layer method. That expanded scope permits an entity to apply the same portfolio hedging method to both prepayable and non-prepayable financial assets, thereby allowing consistent accounting for similar hedges. The guidance is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. The Company is currently evaluating the impact the adoption of the standard will have on the Company’s financial position or results of operations. ASU No. 2022-02: The FASB issued ASU 2022-02, Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. This ASU eliminates the TDR recognition and measurement guidance and, instead, requires that an entity evaluate (consistent with the accounting for other loan modifications) whether a modification represents a new loan or a continuation of an existing loan. In addition, this ASU enhances existing disclosure requirements and introduces new requirements related to certain modifications of receivables made to borrowers experiencing financial difficulty. For entities that have adopted the amendments in update 2016-13, the amendments in this update are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. For entities that have not yet adopted the amendments in update 2016-13, the effective dates for the amendments in this update are the same as the effective dates in Update 2016-13. In March 2023, the FASB issued ASU No. 2023-02, "In vestments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force)" . The ASU allows entities to elect the proportional amortization method, on a tax-credit-program-by-tax-credit-program basis, for all equity investments in tax credit programs meeting the eligibility criteria in Accounting Standards Codification (ASC) 323-740-25-1. While the ASU does not significantly alter the existing eligibility criteria, it does provide clarifications to address existing interpretive issues. It also prescribes specific information reporting entities must disclose about tax credit investments each period. This ASU is effective for reporting periods beginning after December 15, 2023, for public business entities, or January 1, 2024 for the Company. The Company does not expect the adoption of this ASU to have a material impact on the Company's financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Sep. 30, 2023
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 2023 2022 Balance at beginning of year $ 13,801 $ 13,801 Goodwill acquired - - Balance at end of year $ 13,801 $ 13,801 Intangible assets 2023 2022 Balance at beginning of year $ 281 $ 520 Intangible assets acquired - - Amortization ( 190 ) ( 239 ) Balance at end of year $ 91 $ 281
Amortizable Intangible Assets	Amortizable intangible assets were composed of the following (in thousands): September 30, 2023 2022 Gross Carrying Accumulated (dollars in thousands) Core deposit intangible $ 4,787 $ 4,696 $ 4,506 2023 2022 Aggregate amortization expense: As of the years ended September 30 $ 190 $ 239
Estimated Future Amortization Expense	Estimated future amortization expense (in thousands): 2024 91 $ 91

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Composition of the Weighted-Average Common Shares (Denominator) Used in the Basic and Diluted Earnings Per Share Computation	The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation for the years ended September 30, 2023 and 2022. 2023 2022 Weighted-average common shares outstanding 18,133,095 18,133,095 Average treasury stock shares ( 7,732,056 ) ( 7,668,387 ) Average unearned ESOP shares ( 631,882 ) ( 656,281 ) Average unearned nonvested shares ( 43,953 ) ( 46,990 ) Weighted-average common shares and common stock 9,725,204 9,761,437 Additional common stock equivalents (nonvested stock) - 3,720 Additional common stock equivalents (stock options) - - Weighted-average common shares and common stock 9,725,204 9,765,157

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Summary of Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Investment Securities	The amortized cost, gross unrealized gains and losses, and fair value of investment securities are summarized as follows (in thousands): 2023 Amortized Gross Gross Fair Available for sale Fannie Mae $ 55,878 $ - $ ( 6,418 ) $ 49,460 Freddie Mac 49,833 1 ( 5,552 ) 44,282 Governmental National Mortgage Association securities 6,986 - ( 397 ) 6,589 Total mortgage-backed securities 112,697 1 ( 12,367 ) 100,331 Obligations of states and political subdivisions 9,794 - ( 742 ) 9,052 U.S. government treasury securities 123,562 19 ( 1 ) 123,580 U.S. government agency securities 29,089 - ( 137 ) 28,952 Corporate obligations 73,962 - ( 8,241 ) 65,721 Other debt securities 7,139 - ( 719 ) 6,420 Total debt securities $ 356,243 $ 20 $ ( 22,207 ) $ 334,056 Held to maturity Fannie Mae $ 27,652 $ - $ ( 5,217 ) $ 22,435 Freddie Mac 22,145 - ( 4,424 ) 17,721 Total 49,797 - ( 9,641 ) 40,156 U.S. government agency securities 2,445 - ( 511 ) 1,934 Total debt securities $ 52,242 $ - $ ( 10,152 ) $ 42,090 2022 Amortized Gross Gross Fair Available for sale Fannie Mae $ 61,118 $ 1 $ ( 5,432 ) $ 55,687 Freddie Mac 53,842 - ( 4,532 ) 49,310 Governmental National Mortgage Association securities 5,411 - ( 248 ) 5,163 Total mortgage-backed securities 120,371 1 ( 10,212 ) 110,160 Obligations of states and political subdivisions 10,815 - ( 895 ) 9,920 U.S. government agency securities 9,530 - ( 200 ) 9,330 Corporate obligations 76,692 14 ( 5,587 ) 71,119 Other debt securities 8,810 2 ( 694 ) 8,118 Total debt securities $ 226,218 $ 17 $ ( 17,588 ) $ 208,647 Held to maturity Fannie Mae $ 30,659 $ - $ ( 5,127 ) $ 25,532 Freddie Mac 24,187 - ( 4,142 ) 20,045 Total 54,846 - ( 9,269 ) 45,577 U.S. government agency securities 2,439 - ( 470 ) 1,969 Total debt securities $ 57,285 $ - $ ( 9,739 ) $ 47,546
Summary of Unrealized and Realized Gains and Losses Recognized in Net Income on Equity Securities	The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during the twelve months ended September 30, 2023 and 2022. (Dollars in thousands) 2023 2022 Net (losses) gains recognized during the period on equity securities $ ( 4 ) $ 4 Less: Net gains recognized during the period on equity - - Unrealized (losses) gains recognized during the reporting period on equity securities still held at the reporting date $ ( 4 ) $ 4
Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity	The amortized cost and fair value of debt securities at September 30, 2023, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties (in thousands): Available for Sale Held to Maturity Amortized Fair Amortized Fair Due in one year or less $ 150,017 $ 149,999 $ - $ - Due after one year through five years 39,045 36,789 - - Due after five years through ten years 71,145 62,520 7,027 5,945 Due after ten years 96,036 84,748 45,215 36,145 Total $ 356,243 $ 334,056 $ 52,242 $ 42,090
Schedule of Gross Unrealized Losses and Fair Value	The following tables show the Company’s gross unrealized losses and fair value, aggregated by investment category and length of time that the individual securities have been in a continuous unrealized loss position (dollars in thousands): 2023 Less than Twelve Months Twelve Months or Greater Total Number Fair Gross Fair Gross Fair Gross Fannie Mae 77 $ 5,675 $ ( 196 ) $ 66,220 $ ( 11,439 ) $ 71,895 $ ( 11,635 ) Freddie Mac 63 3,828 ( 159 ) 57,168 ( 9,817 ) 60,996 ( 9,976 ) Governmental National Mortgage 14 2,151 ( 51 ) 4,438 ( 346 ) 6,589 ( 397 ) Obligations of states and political subdivisions 11 - - 9,052 ( 742 ) 9,052 ( 742 ) U.S. government treasury securities 1 24,705 ( 1 ) - - 24,705 ( 1 ) U.S. government agency securities 4 24,582 ( 6 ) 6,304 ( 642 ) 30,886 ( 648 ) Corporate obligations 87 6,045 ( 273 ) 59,677 ( 7,968 ) 65,722 ( 8,241 ) Other debt securities 17 395 - 6,025 ( 719 ) 6,420 ( 719 ) Total 274 $ 67,381 $ ( 686 ) $ 208,884 $ ( 31,673 ) $ 276,265 $ ( 32,359 ) 2022 Less than Twelve Months Twelve Months or Greater Total Number Fair Gross Fair Gross Fair Gross Fannie Mae 74 $ 67,101 $ ( 8,344 ) $ 13,759 $ ( 2,215 ) $ 80,860 $ ( 10,559 ) Freddie Mac 63 59,954 ( 6,868 ) 9,401 ( 1,806 ) 69,355 ( 8,674 ) Governmental National Mortgage 13 2,924 ( 194 ) 2,182 ( 54 ) 5,106 ( 248 ) Obligations of states and political subdivisions 12 9,920 ( 895 ) - - 9,920 ( 895 ) U.S. government agency securities 4 11,299 ( 670 ) - - 11,299 ( 670 ) Corporate obligations 88 49,333 ( 3,394 ) 19,773 ( 2,193 ) 69,106 ( 5,587 ) Other debt securities 17 5,764 ( 610 ) 1,759 ( 84 ) 7,523 ( 694 ) Total 271 $ 206,295 $ ( 20,975 ) $ 46,874 $ ( 6,352 ) $ 253,169 $ ( 27,327 )

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
Summary of Loans Receivable	Loans receivable consist of the following (in thousands): 2023 2022 Real estate loans: Residential $ 713,326 $ 623,375 Construction 16,768 25,024 Commercial 821,958 678,841 Commercial 48,143 38,158 Obligations of states and political subdivisions 48,118 40,416 Home equity loans and lines of credit 48,212 43,170 Auto loans 523 3,611 Other 2,002 1,716 1,699,050 1,454,311 Less allowance for loan losses 18,525 18,528 Net loans $ 1,680,525 $ 1,435,783
Schedule of Loans Evaluated for Impairment	The following tables show the amount of loans in each category that was individually and collectively evaluated for impairment at the dates indicated (in thousands): Total Individually Collectively September 30, 2023 Real estate loans: Residential $ 713,326 $ 1,393 $ 711,933 Construction 16,768 - 16,768 Commercial 821,958 7,664 814,294 Commercial 48,143 648 47,495 Obligations of states and political subdivisions 48,118 - 48,118 Home equity loans and lines of credit 48,212 27 48,185 Auto Loans 523 - 523 Other 2,002 3 1,999 Total $ 1,699,050 $ 9,735 $ 1,689,315 Total Individually Impairment Collectively September 30, 2022 Real estate loans: Residential $ 623,375 $ 1,342 $ 622,033 Construction 25,024 - 25,024 Commercial 678,841 12,165 666,676 Commercial 38,158 937 37,221 Obligations of states and political subdivisions 40,416 - 40,416 Home equity loans and lines of credit 43,170 36 43,134 Auto Loans 3,611 16 3,595 Other 1,716 6 1,710 Total $ 1,454,311 $ 14,502 $ 1,439,809
Schedule of Investment and Unpaid Principal Balances for Impaired Loans	The following tables include the recorded investment and unpaid principal balances for impaired loans with the associated allowance amount, if applicable, excluding purchased impaired credit loans. Also presented are the average recorded investments in the impaired loans and the related amount of interest recognized during the time within the period that the impaired loans were impaired (in thousands). Recorded Unpaid Associated Average Interest September 30, 2023 With no specific allowance recorded: Real estate loans: Residential $ 1,294 $ 2,091 $ - $ 1,140 $ 3 Construction - - - - - Commercial 6,240 7,094 - 8,182 1 Commercial 648 960 - 549 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 27 62 - 32 - Auto loans - - - 3 - Other 3 17 - 5 - Subtotal 8,212 10,224 - 9,911 4 With an allowance recorded: Real estate loans: Residential 99 103 7 101 - Construction - - - - - Commercial 1,424 1,562 35 1,490 - Commercial - - - 267 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit - - - - - Auto loans - - - - - Other - - - - - Subtotal 1,523 1,665 42 1,858 - Total: Real estate loans: Residential 1,393 2,194 7 1,241 3 Construction - - - - - Commercial 7,664 8,656 35 9,672 1 Commercial 648 960 - 816 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 27 62 - 32 - Auto loans - - - 3 - Other 3 17 - 5 - Total $ 9,735 $ 11,889 $ 42 $ 11,769 $ 4 Recorded Unpaid Associated Average Interest September 30, 2022 With no specific allowance recorded: Real estate loans: Residential $ 1,239 $ 2,029 $ - $ 1,776 $ 8 Construction - - - - - Commercial 8,384 8,987 - 5,898 - Commercial 865 905 - 139 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 36 68 - 271 - Auto loans 16 28 - 18 - Other 6 19 - 7 - Subtotal 10,546 12,036 - 8,109 8 With an allowance recorded: Real estate loans: Residential 103 108 12 113 - Construction - - - - - Commercial 3,781 3,928 301 957 - Commercial 72 83 38 529 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit - - - - - Auto loans - - - 3 - Other - - - - - Subtotal 3,956 4,119 351 1,602 - Total: Real estate loans: Residential 1,342 2,137 12 1,889 8 Construction - - - - - Commercial 12,165 12,915 301 6,855 - Commercial 937 988 38 668 - Obligations of states and political subdivisions - - - - - Home equity loans and lines of credit 36 68 - 271 - Auto loans 16 28 - 21 - Other 6 19 - 7 - Total $ 14,502 $ 16,155 $ 351 $ 9,711 $ 8
Classes of the Loan Portfolio, Internal Risk Rating System	The following tables present the classes of the loan portfolio summarized by the aggregate Pass and the criticized categories of Special Mention, Substandard, and Doubtful within the internal risk rating system as of September 30, 2022 and 2022 (in thousands): Pass Special Substandard Doubtful Total September 30, 2023 Commercial real estate loans $ 807,736 $ 3,200 $ 11,022 $ - $ 821,958 Commercial 46,452 - 1,691 - 48,143 Obligations of states and political subdivisions 48,118 - - - 48,118 Total $ 902,306 $ 3,200 $ 12,713 $ - $ 918,219 Pass Special Substandard Doubtful Total September 30, 2022 Commercial real estate loans $ 659,104 $ 6,060 $ 13,677 $ - $ 678,841 Commercial 35,322 1,690 1,146 - 38,158 Obligations of states and political subdivisions 40,416 - - - 40,416 Total $ 734,842 $ 7,750 $ 14,823 $ - $ 757,415
Schedule of Performing or Nonperforming Loans	The following tables present the recorded investment in the loan classes based on payment activity as of September 30, 2023 and 2022 (in thousands): Performing Nonperforming Total September 30, 2023 Real estate loans: Residential $ 710,757 $ 2,569 $ 713,326 Construction 16,768 - 16,768 Home equity loans and lines of credit 48,165 47 48,212 Auto loans 523 - 523 Other 1,972 30 2,002 Total $ 778,185 $ 2,646 $ 780,831 Performing Nonperforming Total September 30, 2022 Real estate loans: Residential $ 621,781 $ 1,594 $ 623,375 Construction 25,024 - 25,024 Home equity loans and lines of credit 42,832 338 43,170 Auto loans 3,590 21 3,611 Other 1,710 6 1,716 Total $ 694,937 $ 1,959 $ 696,896
Classes of the Loan Portfolio Summarized by the Aging Categories	The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans, purchased credit impaired loans and nonaccrual loans as of September 30, 2023 and 2022 (in thousands): 31-60 61-90 Greater than Total Total Current Past Due Past Due Past Due Past Due Loans September 30, 2023 Real estate loans: Residential $ 710,290 $ 792 $ 199 $ 2,045 $ 3,036 $ 713,326 Construction 16,768 - - - - 16,768 Commercial 820,853 240 - 865 1,105 821,958 Commercial 47,893 - - 250 250 48,143 Obligations of states and 48,118 - - - - 48,118 Home equity loans and lines of 48,191 - - 21 21 48,212 Auto loans 485 37 1 - 38 523 Other 1,959 10 33 - 43 2,002 Total $ 1,694,557 $ 1,079 $ 233 $ 3,181 $ 4,493 $ 1,699,050 September 30, 2022 Real estate loans: Residential $ 621,270 $ 598 $ 367 $ 1,140 $ 2,105 $ 623,375 Construction 25,024 - - - - 25,024 Commercial 672,875 5,719 - 247 5,966 678,841 Commercial 37,160 539 440 19 998 38,158 Obligations of states and 40,416 - - - - 40,416 Home equity loans and lines of 42,842 121 144 63 328 43,170 Auto loans 3,462 134 2 13 149 3,611 Other 1,685 - 31 - 31 1,716 Total $ 1,444,734 $ 7,111 $ 984 $ 1,482 $ 9,577 $ 1,454,311 Non-Accrual Loans September 30, 2023 September 30, 2022 Real estate loans: Residential $ 2,569 $ 1,594 Construction - - Commercial 7,763 12,165 Commercial 652 958 Obligations of states and - - Home equity loans and lines of 47 338 Auto loans - 21 Other 30 6 Total $ 11,061 $ 15,082
Summary of Primary Segments of ALL	The following table summarizes the primary segments of the ALL, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of September 30, 2023 and 2022 (in thousands): Real Obligations of Home Equity Residential Construction Commercial Commercial Subdivisions Credit Auto Other Unallocated Total ALL balance at September $ 4,114 $ 187 $ 10,470 $ 1,041 $ 393 $ 318 $ 232 $ 21 $ 1,337 $ 18,113 Charge-offs ( 19 ) - ( 23 ) - - ( 6 ) ( 40 ) ( 22 ) - ( 110 ) Recoveries 382 - 35 - - 9 99 - - 525 Provision 645 132 272 ( 343 ) ( 110 ) 40 ( 269 ) 23 ( 390 ) - ALL balance at September $ 5,122 $ 319 $ 10,754 $ 698 $ 283 $ 361 $ 22 $ 22 $ 947 $ 18,528 Individually evaluated for $ 12 $ - $ 301 $ 38 $ - $ - $ - $ - $ - $ 351 Collectively evaluated for 5,110 319 10,453 660 283 361 22 22 947 18,177 ALL balance at September $ 5,122 $ 319 $ 10,754 $ 698 $ 283 $ 361 $ 22 $ 22 $ 947 $ 18,528 ALL balance at September $ 5,122 $ 319 $ 10,754 $ 698 $ 283 $ 361 $ 22 $ 22 $ 947 $ 18,528 Charge-offs - - ( 615 ) ( 269 ) - - ( 28 ) - - ( 912 ) Recoveries 45 - 20 - - 66 78 - - 209 Provision ( 270 ) ( 136 ) 1,824 512 ( 173 ) ( 81 ) ( 70 ) - ( 906 ) 700 ALL balance at September $ 4,897 $ 183 $ 11,983 $ 941 $ 110 $ 346 $ 2 $ 22 $ 41 $ 18,525 Individually evaluated for $ 7 $ - $ 35 $ - $ - $ - $ - $ - $ - $ 42 Collectively evaluated for 4,890 183 11,948 941 110 346 2 22 41 18,483 ALL balance at September $ 4,897 $ 183 $ 11,983 $ 941 $ 110 $ 346 $ 2 $ 22 $ 41 $ 18,525
Summary of Troubled Debt Restructurings Granted	The following is a summary of troubled debt restructurings granted during the periods indicated (dollars in thousands). For the Year Ended September 30, 2023 Number of Pre-Modification Post-Modification Troubled debt restructurings Real estate loans: Residential 3 $ 295 $ 355 Construction - - - Commercial 3 6,058 6,058 Commercial - - - Obligations of states and political subdivisions - - - Home equity loans and lines of credit - - - Auto loans - - - Other - - - Total 6 $ 6,353 $ 6,413 For the Year Ended September 30, 2022 Number of Pre-Modification Post-Modification Troubled debt restructurings Real estate loans: Residential 2 $ 83 $ 93 Construction - - - Commercial - - - Commercial - - - Obligations of states and political subdivisions - - - Home equity loans and lines of credit - - - Auto loans - - - Other - - - Total 2 $ 83 $ 93

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Composition of Premises and Equipment	Premises and equipment consist of the following (in thousands): 2023 2022 Land and land improvements $ 6,075 $ 6,075 Buildings and leasehold improvements 16,100 16,030 Furniture, fixtures, and equipment 14,565 13,961 Construction in process 44 7 36,784 36,073 Less accumulated depreciation ( 23,871 ) ( 22,947 ) Total $ 12,913 $ 13,126

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Sep. 30, 2023
Deposits Liabilities Disclosures [Abstract]
Schedule of Deposits and Respective Weighted-Average Interest Rates by Major Classifications	Deposits and their respective weighted-average interest rates consist of the following major classifications (dollars in thousands): 2023 2022 Weighted- Amount Weighted- Amount Noninterest-bearing demand accounts - % $ 280,473 - % $ 290,061 Interest bearing demand accounts 0.65 346,458 0.10 357,516 Money market accounts 2.02 366,866 0.73 402,080 Savings and club accounts 0.06 163,248 0.05 196,696 Certificates of deposit 3.99 503,971 0.49 133,668 Total 1.80 % $ 1,661,016 0.29 % $ 1,380,021
Scheduled Maturities of Certificates of Deposit	At September 30, 2023 scheduled maturities of certificates of deposit are as follows (in thousands): 2024 $ 457,232 2025 32,308 2026 5,732 2027 3,990 2028 4,709 Total $ 503,971
Scheduled Maturities of Certificates of Deposit in Denominations	The scheduled maturities of certificates of deposit in denominations of $250,000 or more as of September 30, 2023, are as follows (in thousands): Within three months $ 21,442 Three through six months 18,819 Six through twelve months 28,080 Over twelve months 3,653 Total $ 71,994

Short-Term Borrowings (Tables)

Short-Term Borrowings (Tables)	12 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Short-Term Borrowings	The following table sets forth information concerning short-term borrowings (in thousands): 2023 2022 Balance at year-end $ 374,652 $ 230,810 Maximum amount outstanding at any month-end 464,041 230,810 Average balance outstanding during the year 305,623 63,754 Weighted-average interest rate: As of year-end 5.56 % 3.37 % Paid during the year 2.14 % 0.62 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes	The provision for income taxes consists of (in thousands): 2023 2022 Current: Federal $ 4,183 $ 4,915 State 59 207 Total current taxes 4,242 5,122 Deferred income tax expense 252 ( 188 ) Total income tax provision $ 4,494 $ 4,934
Schedule of Changes in Significant Portions of the Deferred Tax Assets and Deferred Tax Liabilities	The tax effects of deductible and taxable temporary differences that gave rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows (in thousands): 2023 2022 Deferred tax assets: Allowance for loan losses $ 3,890 $ 3,891 Net unrealized loss on pension plan — 294 Investment losses subject to Section 382 limitation 1,516 1,685 Net unrealized loss on securities 4,659 3,690 Deferred compensation 293 315 Other real estate owned 195 146 Nonaccrual interest 95 99 Employee stock ownership plan 596 544 Other 2,102 2,352 Total gross deferred tax assets 13,346 13,016 Deferred tax liabilities: Pension plan 1,152 1,087 Mortgage servicing rights 184 166 Premises and equipment 264 281 Net unrealized gain on derivatives 2,118 3,215 Low income housing tax credits 1,164 1,081 Other 1,587 1,811 Total gross deferred tax liabilities 6,469 7,641 Net deferred tax assets $ 6,877 $ 5,375
Schedule of Reconciliation of the Federal Statutory Rate and the Effective Income Tax Rate	The reconciliation of the federal statutory rate and the Company’s effective income tax rate is as follows (dollars in thousands): 2023 2022 Amount % of Amount % of Provision at statutory rate $ 4,845 21.0 % $ 5,251 21.0 % Income from bank-owned life insurance ( 165 ) ( 0.7 ) ( 159 ) ( 0.6 ) Tax-exempt income ( 317 ) ( 1.3 ) ( 292 ) ( 1.2 ) Low-income housing credits ( 36 ) ( 0.1 ) ( 45 ) ( 0.2 ) Other, net 167 0.7 179 0.7 Actual tax expense and effective rate $ 4,494 19.5 % $ 4,934 19.7 %

Commitments and Contingent Li_2

Commitments and Contingent Liabilities (Tables)	12 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Components of Off Balance Sheet Commitments	The off-balance sheet commitments consist of the following (in thousands): 2023 2022 Commitments to extend credit $ 188,685 $ 292,563 Standby letters of credit 13,815 14,490 Unfunded lines of credit 114,350 124,656

Leases (Tables)

Leases (Tables)	12 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Summary of Balance Sheet Operating Lease Right-of-Use Assets and Lease Liabilities	The following table presents the Consolidated Balance Sheet classification of the Company’s right-of-use assets and lease liabilities. The Company elected not to include short-term leases (i.e., leases with initial terms of twelve months or less), or equipment leases (deemed immaterial) on the Consolidated Balance sheet. (in thousands) September 30, 2023 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 6,046 Total Lease Right-Of-Use Assets $ 6,046 (in thousands) September 30, 2023 Lease Liabilities Classification Operating lease liabilities Other liabilities $ 6,288 Total Lease Liabilities $ 6,288 (in thousands) September 30, 2022 Lease Right-of-Use Assets Classification Operating lease right-of-use assets Other assets $ 6,075 Total Lease Right-Of-Use Assets $ 6,075 (in thousands) September 30, 2022 Lease Liabilities Classification Operating lease liabilities Other liabilities $ 6,275 Total Lease Liabilities $ 6,275
Summary of Lease Term and Discount Rate	The calculated amount of the ROU assets and lease liabilities in the table above are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s lease agreements often include one or more options to renew at the Company’s discretion. If at lease inception, the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the ROU asset and lease liability. Regarding the discount rate, Topic 842 requires the use of the rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes its incremental borrowing rate at lease inception, on a collateralized basis, over a similar term. September 30, 2023 Weighted average remaining lease term Operating leases 11.7 years Weighted average discount rate Operating leases 3.29 % September 30, 2022 Weighted average remaining lease term Operating leases 12.2 years Weighted average discount rate Operating leases 2.38 %
Summary of Components of Lease Cost	The following table represents lease costs and other lease information. As the Company elected, for all classes of underlying assets, not to separate lease and non-lease components and instead to account for them as a single lease component, the variable lease cost primarily represents variable payments such as common area maintenance and utilities. Lease Costs (in thousands) Twelve Months Ended September 30, 2023 Operating lease cost $ 977 Variable lease cost 245 Net lease cost $ 1,222 Lease Costs (in thousands) Twelve Months Ended September 30, 2022 Operating lease cost $ 1,025 Variable lease cost 330 Net lease cost $ 1,355
Summary of Future Minimum Lease Payments	Future minimum payments for leases with initial or remaining terms of one year or more as of September 30, 2023 were as follows: (in thousands) Leases Twelve months Ended: September 30, 2024 $ 988 September 30, 2025 792 September 30, 2026 738 September 30, 2027 604 September 30, 2028 579 Thereafter 4,029 Total future minimum lease payments 7,730 Amounts representing interest ( 1,442 ) Present Value of Net Future Minimum Lease Payments $ 6,288

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Sep. 30, 2023
Postemployment Benefits [Abstract]
Components of the ESOP Shares	The following table presents the components of the ESOP shares: 2023 2022 Allocated shares 411,696 390,547 Shares committed to be released 33,962 33,962 Unreleased shares 599,992 645,274 Total ESOP shares 1,045,650 1,069,783 Fair value of unreleased shares (in thousands) $ 9,516 $ 13,170
Schedule of Nonvested Restricted Stock Option Activity	The following is a summary of the status of the Company’s nonvested restricted stock as of September 30, 2023, and changes therein during the year then ended: Number of Stock Weighted- Nonvested at September 30, 2022 35,639 $ 14.88 Granted 31,696 19.06 Vested ( 33,675 ) 16.69 Forfeited ( 1,148 ) 16.35 Nonvested at September 30, 2023 32,512 $ 17.03
Summary of Change in Plan Assets and Benefit Obligation	The following table sets forth the change in plan assets and benefit obligation at September 30 (in thousands): 2023 2022 Change in benefit projected obligation: Projected benefit obligation at beginning of year $ 12,776 $ 20,895 Service cost - - Interest cost 656 556 Actuarial (gains) losses ( 568 ) ( 5,129 ) Benefits paid ( 668 ) ( 3,546 ) Projected benefit obligation at end of year 12,196 12,776 Change in plan assets: Fair value of plan assets at beginning of year 16,551 23,248 Actual return on plan assets 1,886 ( 3,152 ) Contributions - - Benefits paid ( 668 ) ( 3,545 ) Fair value of plan assets at end of year 17,769 16,551 Funded status $ 5,573 $ 3,775
Summary of the Components of Net Periodic Pension Cost	Amounts not yet recognized as a component of net periodic pension cost at September 30 (in thousands): 2023 2022 Amounts recognized in accumulated other comprehensive Net (gain) loss $ ( 85 ) $ 1,401
Summary of the Components of Net Periodic Benefit Cost	The following table comprises the components of net periodic benefit cost for the years ended September 30 (in thousands): 2023 2022 Service cost $ - $ - Interest cost 656 556 Expected return on plan assets ( 968 ) ( 1,228 ) Recognized net actuarial loss - 2 Settlement loss - 260 Net periodic benefit $ ( 312 ) $ ( 410 )
Schedule of Weighted-Average Assumptions	Weighted-average assumptions used to determine benefit obligations for the years ended September 30: 2023 2022 Discount rate 5.80 % 5.31 % Rate of compensation increase N/A N/A
Schedule of Assumptions Used to Determine Net Periodic Benefit Cost	Weighted-average assumptions used to determine net periodic benefit cost for the years ended September 30: 2023 2022 Discount rate 1 5.31 % 2.61 % Expected long-term return on plan assets 6.00 % 6.00 % Rate of compensation increase N/A N/A
Summary of the Plan's Financial Assets at Fair Value, within the Fair Value Hierarchy	The following tables set forth by level, within the fair value hierarchy, the plan’s financial assets at fair value as of September 30, 2023 and 2022 (in thousands): September 30, 2023 Level I Level II Level III Total Investment in collective trusts: Fixed income $ - $ 7,081 $ - $ 7,081 Equity - 10,661 - 10,661 Investment in short-term investments - 27 - 27 Total assets at fair value $ - $ 17,769 $ - $ 17,769 September 30, 2022 Level I Level II Level III Total Investment in collective trusts: Fixed income $ - $ 6,670 $ - $ 6,670 Equity - 9,831 - 9,831 Investment in short-term investments - 50 - 50 Total assets at fair value $ - $ 16,551 $ - $ 16,551
The Bank's Defined Benefit Pension Plan Weighted-Average Asset Allocations	The Bank’s defined benefit pension plan weighted-average asset allocations at September 30, 2023 and 2022 by asset category, are as follows: September 30, Asset Category 2023 2022 Fixed income securities 39.8 % 40.3 % Equity securities 60.0 59.4 Other 0.2 0.3 Total 100.0 % 100.0 %
Summary of Estimated Future Benefit Payments	Estimated future benefit payments, which reflect expected future service, as appropriate, are as follows (in thousands): 2024 $ 645 2025 1,328 2026 950 2027 1,378 2028 609 2029-2033 3,292

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	12 Months Ended
	Sep. 30, 2022
Banking and Thrift, Other Disclosure [Abstract]
The Bank's Actual Capital Ratios	The Bank’s actual capital ratios for the years ended September 30 are presented in the following table (dollars in thousands): 2023 2022 Amount Ratio Amount Ratio Total capital (to risk-weighted assets) Actual $ 224,683 13.0 % $ 211,390 13.3 % For capital adequacy purposes 138,582 8.0 126,843 8.0 To be well capitalized 173,228 10.0 158,554 10.0 Tier 1 capital (to risk-weighted assets) Actual $ 206,106 11.9 % $ 192,810 12.2 % For capital adequacy purposes 103,937 6.0 95,132 6.0 To be well capitalized 138,582 8.0 126,843 8.0 Common equity tier 1 capital (to risk-weighted assets) Actual $ 206,106 11.9 % $ 192,810 12.2 % For capital adequacy purposes 77,953 4.5 71,349 4.5 To be well capitalized 112,598 6.5 103,060 6.5 Tier 1 capital (to adjusted assets) Actual $ 206,106 9.4 % $ 192,810 10.5 % For capital adequacy purposes 87,671 4.0 73,656 4.0 To be well capitalized 109,589 5.0 92,070 5.0

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value For Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis	The following tables provide the fair value for assets and liabilities required to be measured and reported at fair value on a recurring basis on the Consolidated Balance Sheet as of September 30, 2023 and September 30, 2022 by level within the fair value hierarchy (in thousands). Reoccurring Fair Value Measurements at Reporting Date September 30, 2023 Level I Level II Level III Total Assets: Investment securities available for sale: Mortgage-backed securities $ - $ 100,331 $ - $ 100,331 Obligations of states and political subdivisions - 9,052 - 9,052 U.S. government treasury securities - 123,580 - 123,580 U.S. government agency securities - 28,952 - 28,952 Corporate obligations - 62,885 2,836 65,721 Other debt securities - 6,420 - 6,420 Total debt securities - 331,220 2,836 334,056 Equity securities - financial services 32 - - 32 Derivatives and hedging activities - 19,662 - 19,662 Liabilities: Derivatives and hedging activities - 9,579 - 9,579 Reoccurring Fair Value Measurements at Reporting Date September 30, 2022 Level I Level II Level III Total Assets: Investment securities available for sale: Mortgage-backed securities $ - $ 110,160 $ - $ 110,160 Obligations of states and political subdivisions - 9,920 - 9,920 U.S. government agency securities - 9,330 - 9,330 Corporate obligations - 63,745 7,374 71,119 Other debt securities - 8,118 - 8,118 Total debt securities - 201,273 7,374 208,647 Equity securities - financial services 36 - - 36 Derivatives and hedging activities - 24,481 - 24,481 Liabilities: Derivatives and hedging activities - 9,176 - 9,176
Schedule of Changes in Fair Value of Level III Investments	The following tables present a summary of changes in the fair value of the Company’s Level III investments for years ended September 30, 2023 and 2022 (in thousands). Fair Value Measurement Using September 30, September 30, Beginning balance $ 7,374 $ 11,112 Purchases, sales, issuances, settlements, net - 1,515 Total unrealized gain: Included in earnings - - Included in other comprehensive income ( 188 ) ( 753 ) Transfers into Level III - - Transfers out of Level III ( 4,350 ) ( 4,500 ) $ 2,836 $ 7,374
Schedule of Fair Value For Assets Required to be Measured and Reported at Fair Value on a Nonrecurring Basis	The following tables provide the fair value for assets required to be measured and reported at fair value on a non recurring basis on the Consolidated Balance Sheet as of September 30, 2023 and September 30, 2022 by level within the fair value hierarchy: September 30, 2023 Level I Level II Level III Total Financial assets: Foreclosed real estate $ - $ - $ 3,311 $ 3,311 Impaired loans - - 9,693 9,693 September 30, 2022 Level I Level II Level III Total Financial assets: Foreclosed real estate $ - $ - $ 29 $ 29 Impaired loans - - 14,151 14,151
Summary of Additional Quantitative Information about Assets Measured at Fair Value on a Nonrecurring Basis	The following tables present additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: Quantitative Information About Level III Fair Value Measurements Fair Value Valuation Unobservable Range Average) September 30, 2023 Impaired loans $ 9,693 Appraisal of (1) Appraisal (2) 0 % to 35 % 20.8 %) Foreclosed real estate owned 3,311 Appraisal of (1) Appraisal (2) 10 to 35 % 10.2 %) September 30, 2022 Impaired loans $ 14,151 Appraisal of (1) Appraisal (2) 0 % to 35 % 20.6 %) Foreclosed real estate owned 29 Appraisal of (1) Appraisal (2) 20 % 20.0 %) (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
Schedule of Assets and Liabilities not Required to be Measured and Reported at Fair Value	The methods and assumptions used by the Company in estimating fair values of financial instruments at September 30, 2023 and 2022 is in accordance with ASC Topic 825, Financial Instruments which requires public entities to use exit pricing in the calculations of the tables below. September 30, 2023 Carrying Level I Level II Level III Total Financial assets: Loans receivable, net $ 1,680,525 $ - $ - $ 1,524,615 $ 1,524,615 Mortgage servicing rights 874 - - 1,470 1,470 Investment securities held to maturity 52,242 - 42,090 - 42,090 Financial liabilities: Deposits 1,661,016 1,157,045 - 499,101 1,656,146 Short-term borrowings 374,652 - - 364,291 364,291 September 30, 2022 Carrying Level I Level II Level III Total Financial assets: Loans receivable, net $ 1,435,783 $ - $ - $ 1,351,823 $ 1,351,823 Mortgage servicing rights 788 - - 1,390 1,390 Investment securities held to maturity 57,285 - 47,546 - 47,546 Financial liabilities: Deposits 1,380,021 1,246,353 - 128,533 1,374,886 Short-term borrowings 230,810 - - 215,287 215,287

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Summary of Activity in Accumulated Other Comprehensive Income (Loss)	The activity in accumulated other comprehensive loss for the years ended September 30, 2023 and 2022, is as follows (in thousands): Accumulated Other Comprehensive Loss (1) Defined Unrealized Derivatives Total Balance at September 30, 2022 $ ( 1,108 ) $ ( 13,879 ) $ 12,093 $ ( 2,894 ) Other comprehensive income (loss) before 1,174 ( 3,742 ) 3,079 511 Amounts reclassified from accumulated other - 96 ( 7,206 ) ( 7,110 ) Period change 1,174 ( 3,646 ) ( 4,127 ) ( 6,599 ) Balance at September 30, 2023 $ 66 $ ( 17,525 ) $ 7,966 $ ( 9,493 ) Balance at September 30, 2021 $ ( 1,907 ) $ 1,962 $ 627 $ 682 Other comprehensive income (loss) before 591 ( 15,841 ) 12,116 ( 3,134 ) Amounts reclassified from accumulated other 208 - ( 650 ) ( 442 ) Period change 799 ( 15,841 ) 11,466 ( 3,576 ) Balance at September 30, 2022 $ ( 1,108 ) $ ( 13,879 ) $ 12,093 $ ( 2,894 ) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate approximating 21 % in Fiscal 2023 and 2022.
Summary of Reclassification Out of Accumulated Other Comprehensive Income (Loss)	Details About Accumulated Other Comprehensive Amount Reclassified from (3) Affected Line Item (in thousands) 2023 2022 Statement of Income Securities available for sale (1) : Net securities gains reclassified into $ ( 121 ) $ - Gain on sale of investment securities, net Related income tax expense 25 - Income taxes Net effect on accumulated other ( 96 ) - Defined benefit pension plan (2) : Amortization of net (loss) gain and - ( 263 ) Other expense Related income tax expense - 55 Income taxes Net effect on accumulated other - ( 208 ) Derivatives and Hedging Activities (2) : Interest expense, effective portion 9,122 823 Interest expense Related income tax expense ( 1,916 ) ( 173 ) Income taxes Net effect on accumulated other 7,206 650 Total reclassifications for the period $ 7,110 $ 442 (1) For additional details related to unrealized gains on securities and related amounts reclassified from accumulated other comprehensive income (loss) see Note 3, “Investment Securities.” (2) For additional details related to derivative financial instruments see Note17, “Derivatives and Hedging Activities.” (3) Amounts in parenthesis indicate debits.

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	12 Months Ended
	Sep. 30, 2023
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, 2023 and 2022, (in thousands). Fair Values of Derivative Instruments Asset Derivatives As of September 30, 2023 As of September 30, 2022 Hedged Item Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value FHLB Advances 230,000 Derivative and hedging assets 10,086 225,000 Derivative and hedging assets 15,310 Commercial Loans 86,265 Derivative and hedging assets 9,576 79,602 Derivative and hedging assets 9,171 Total derivatives designated as hedging $ 316,265 $ 19,662 $ 304,602 $ 24,481 Fair Values of Derivative Instruments Liability Derivatives As of September 30, 2023 As of September 30, 2022 Hedged Item Notional Amount Balance Sheet Location Fair Value Notional Amount Balance Sheet Location Fair Value Commercial Loans 117,516 Derivative and hedging liabilities 9,579 111,668 Derivative and hedging liabilities 9,176 Total derivatives designated as hedging $ 117,516 $ 9,579 $ 111,668 $ 9,176
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, 2023 and 2022 (in thousands). The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income Derivatives in Hedging Relationships Amount of (Loss) Gain Recognized in OCI Amount of Gain Reclassified from Year Ended Year Ended Location of Gain Year Ended Year Ended 2023 2022 Accumulated OCI 2023 2022 Derivatives in Cash Flow Hedging Relationships Interest Rate Products $ ( 5,222 ) $ 14,507 Interest Expense $ 9,122 $ 823 Total $ ( 5,222 ) $ 14,507 $ 9,122 $ 823

Parent Company (Tables)

Parent Company (Tables)	12 Months Ended
	Sep. 30, 2023
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	Condensed financial statements of ESSA Bancorp, Inc. are as follows (in thousands): CONDENSED BALANCE SHEET September 30, 2023 2022 ASSETS Cash and due from banks $ 5,564 $ 6,355 Equity securities 32 36 Investment in subsidiary 210,505 203,998 Premises and equipment, net 381 391 Other assets 3,377 1,702 TOTAL ASSETS $ 219,859 $ 212,482 LIABILITIES AND STOCKHOLDERS’ EQUITY Other liabilities $ 151 $ 145 Stockholders’ equity 219,708 212,337 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 219,859 $ 212,482
Condensed Statement of Income	CONDENSED STATEMENT OF INCOME Year Ended September 30, 2023 2022 INCOME Interest income $ 718 $ 334 Unrealized gain on equity securities 4 ( 4 ) Dividends 6,000 10,000 Total income 6,722 10,330 EXPENSES Professional fees 657 537 Other 30 30 Total expenses 687 567 Income before income tax benefit 6,035 9,763 Income tax benefit 7 ( 52 ) Income before equity in undistributed net earnings of subsidiary 6,028 9,815 Equity in undistributed net earnings of subsidiary 12,548 10,255 NET INCOME $ 18,576 $ 20,070 COMPREHENSIVE INCOME $ 11,977 $ 16,494
Condensed Statement of Cash Flows	CONDENSED STATEMENT OF CASH FLOWS Year Ended September 30, 2023 2022 OPERATING ACTIVITIES Net income $ 18,576 $ 20,070 Adjustments to reconcile net income to net cash provided by Equity in undistributed net earnings of subsidiary ( 12,548 ) ( 10,255 ) Provision for depreciation 10 10 Increase in accrued income taxes ( 1,443 ) 52 Decrease (increase) in accrued interest receivable ( 248 ) 8 Other, net 721 424 Net cash provided by operating activities 5,068 10,309 FINANCING ACTIVITIES Purchase of treasury stock shares - ( 1,884 ) Dividends on common stock ( 5,859 ) ( 5,273 ) Net cash used for financing activities ( 5,859 ) ( 7,157 ) Decrease in cash ( 791 ) 3,152 CASH AT BEGINNING OF YEAR 6,355 3,203 CASH AT END OF YEAR $ 5,564 $ 6,355

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Summary Of Significant Accounting Policies [Line Items]
Days past due over which loans are considered as substandard	90 days
Total servicing assets included in other assets	$ 874,000	$ 788,000
Goodwill impairment	0	0
Intangible assets excluding gooodwill impairment	$ 0	$ 0
Threshold percentage minimum for recognition upon settlement	greater than 50 percent
Minimum [Member]
Summary Of Significant Accounting Policies [Line Items]
Depreciation range for buildings, land improvements, and leasehold improvements	10 years
Depreciation range for furniture, fixtures, and equipment	3 years
Maximum [Member]
Summary Of Significant Accounting Policies [Line Items]
Depreciation range for buildings, land improvements, and leasehold improvements	40 years
Depreciation range for furniture, fixtures, and equipment	7 years
Cash equivalents interest bearing deposits with original maturities	90 days
Troubled Debt Restructuring [Member]
Summary Of Significant Accounting Policies [Line Items]
Days past due over which loans are considered as substandard	180 days
Federal Home Loan Bank System [Member]
Summary Of Significant Accounting Policies [Line Items]
Loan receivables contractual period for interest and principal accrual	90 days
Percentage Investment in capital stock	0.10%
Investment on outstanding Borrowings, percentage	4%
Stock bought and sold based upon par value	$ 100
ESSA Advisory Services, LLC [Member]
Summary Of Significant Accounting Policies [Line Items]
Percentage ownership of wholly owned subsidiary	100%

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Carrying Amount of Goodwill and Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Goodwill
Balance at beginning of year	$ 13,801	$ 13,801
Balance at end of year	13,801	13,801
Intangible assets
Balance at beginning of year	281	520
Amortization	(190)	(239)
Balance at end of year	$ 91	$ 281

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Amortizable Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 190	$ 239
Core Deposit Intangible [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	4,787
Accumulated Amortization	$ 4,696	$ 4,506

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Estimated Future Amortization Expense (Detail) $ in Thousands	Sep. 30, 2023 USD ($)
Accounting Policies [Abstract]
2024	$ 91
Total estimated future amortization of expense	$ 91

Earnings Per Share - Compositio

Earnings Per Share - Composition of the Weighted-Average Common Shares (Denominator) Used in the Basic and Diluted Earnings per Share Computation (Detail) - shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Weighted-average common shares outstanding	18,133,095	18,133,095
Average treasury stock shares	(7,732,056)	(7,668,387)
Average unearned ESOP shares	(631,882)	(656,281)
Average unearned nonvested shares	(43,953)	(46,990)
Weighted-average common shares and common stock equivalents used to calculate basic earnings per share	9,725,204	9,761,437
Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share		3,720
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share	9,725,204	9,765,157

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - Stock Option [Member] - $ / shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities	11,588	21,340
Average weighted price per share of anti-dilutive shares	$ 16.54	$ 16.55

Investment Securities - Summary

Investment Securities - Summary of Amortized Cost, Gross Unrealized Gains and Losses, and Fair Value of Investment Securities (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	$ 356,243
Available for sale, Fair Value	334,056	$ 208,647
Held to maturity, Amortized Cost	52,242	57,285
Fannie Mae [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	55,878	61,118
Available for sale, Gross Unrealized Gains		1
Available for sale, Gross Unrealized Losses	(6,418)	(5,432)
Available for sale, Fair Value	49,460	55,687
Held to maturity, Amortized Cost	27,652	30,659
Held to maturity, Gross Unrealized Losses	(5,217)	(5,127)
Held to maturity, Fair Value	22,435	25,532
Freddie Mac [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	49,833	24,187
Available for sale, Gross Unrealized Gains	1
Available for sale, Gross Unrealized Losses	(5,552)	(4,142)
Available for sale, Fair Value	44,282	20,045
Held to maturity, Amortized Cost	22,145	53,842
Held to maturity, Gross Unrealized Losses	(4,424)	(4,532)
Held to maturity, Fair Value	17,721	49,310
Governmental National Mortgage Association Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	6,986	5,411
Available for sale, Gross Unrealized Losses	(397)	(248)
Available for sale, Fair Value	6,589	5,163
Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	112,697	120,371
Available for sale, Gross Unrealized Gains	1	1
Available for sale, Gross Unrealized Losses	(12,367)	(10,212)
Available for sale, Fair Value	100,331	110,160
Held to maturity, Amortized Cost	49,797	54,846
Held to maturity, Gross Unrealized Losses	(9,641)	(9,269)
Held to maturity, Fair Value	40,156	45,577
Obligations of States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	9,794	10,815
Available for sale, Gross Unrealized Losses	(742)	(895)
Available for sale, Fair Value	9,052	9,920
U.S. Government Treasury Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	123,562
Available for sale, Gross Unrealized Gains	19
Available for sale, Gross Unrealized Losses	(1)
Available for sale, Fair Value	123,580
U.S. Government Agency Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	29,089	9,530
Available for sale, Gross Unrealized Losses	(137)	(200)
Available for sale, Fair Value	28,952	9,330
Held to maturity, Amortized Cost	2,445	2,439
Held to maturity, Gross Unrealized Losses	(511)	(470)
Held to maturity, Fair Value	1,934	1,969
Corporate Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	73,962	76,692
Available for sale, Gross Unrealized Gains		14
Available for sale, Gross Unrealized Losses	(8,241)	(5,587)
Available for sale, Fair Value	65,721	71,119
Other Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	7,139	8,810
Available for sale, Gross Unrealized Gains		2
Available for sale, Gross Unrealized Losses	(719)	(694)
Available for sale, Fair Value	6,420	8,118
Total Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Available for sale, Amortized Cost	356,243	226,218
Available for sale, Gross Unrealized Gains	20	17
Available for sale, Gross Unrealized Losses	(22,207)	(17,588)
Available for sale, Fair Value	334,056	208,647
Held to maturity, Amortized Cost	52,242	57,285
Held to maturity, Gross Unrealized Losses	(10,152)	(9,739)
Held to maturity, Fair Value	$ 42,090	$ 47,546

Investment Securities - Summa_2

Investment Securities - Summary of Unrealized and Realized Gains and Losses Recognized in Net Income on Equity Securities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Net (losses) gains recognized during the period on equity securities	$ (4)	$ 4
Unrealized (losses) gains recognized during the reporting period on equity securities still held at the reporting date	$ (4)	$ 4

Investment Securities - Schedul

Investment Securities - Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due in one year or less, Amortized Cost	$ 150,017
Due after one year through five years, Amortized Cost	39,045
Due after five years through ten years, Amortized Cost	71,145
Due after ten years, Amortized Cost	96,036
Available for sale, Amortized Cost	356,243
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due in one year or less, Fair Value	149,999
Due after one year through five years, Fair Value	36,789
Due after five years through ten years, Fair Value	62,520
Due after ten years, Fair Value	84,748
Total, Fair Value	334,056	$ 208,647
Held to maturity Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Due after five years through ten years, Amortized Cost	7,027
Due after ten years, Amortized Cost	45,215
Total, Amortized Cost	52,242
Held to maturity Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Due after five years through ten years, Fair Value	5,945
Due after ten years, Fair Value	36,145
Total, Fair Value	$ 42,090

Investment Securities - Additio

Investment Securities - Additional Information (Detail) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Available For Sale Securities [Line Items]
Realized gross gains	$ 0
Proceeds from the sale of investment securities	1,000,000	$ 0
Realized gross losses	(121,000)
Investment securities available for sale, at fair value	334,056,000	208,647,000
Public Deposits [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available for sale, at fair value	$ 289,400,000	$ 245,500,000
Debt Securities, Available-for-Sale, Pledging Purpose [Extensible Enumeration]	us-gaap:AssetPledgedAsCollateralWithRightMember	us-gaap:AssetPledgedAsCollateralWithRightMember
Federal Reserve Bank [Member]
Schedule Of Available For Sale Securities [Line Items]
Investment securities available for sale, at fair value	$ 57,300,000	$ 0

Investment Securities - Sched_2

Investment Securities - Schedule of Gross Unrealized Losses and Fair Value (Detail) $ in Thousands	Sep. 30, 2023 USD ($) Security	Sep. 30, 2022 USD ($) Security
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	274	271
Fair Value, Less than Twelve Months, Debt	$ 67,381	$ 206,295
Gross Unrealized Losses, Less than Twelve Months, Debt	(686)	(20,975)
Fair Value, Twelve Months or Greater, Debt	208,884	46,874
Gross Unrealized Losses, Twelve Months or Greater, Debt	(31,673)	(6,352)
Fair Value Total, Debt	276,265	253,169
Gross Unrealized Losses Total, Debt	$ (32,359)	$ (27,327)
Fannie Mae [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	77	74
Fair Value, Less than Twelve Months, Debt	$ 5,675	$ 67,101
Gross Unrealized Losses, Less than Twelve Months, Debt	(196)	(8,344)
Fair Value, Twelve Months or Greater, Debt	66,220	13,759
Gross Unrealized Losses, Twelve Months or Greater, Debt	(11,439)	(2,215)
Fair Value Total, Debt	71,895	80,860
Gross Unrealized Losses Total, Debt	$ (11,635)	$ (10,559)
Freddie Mac [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	63	63
Fair Value, Less than Twelve Months, Debt	$ 3,828	$ 59,954
Gross Unrealized Losses, Less than Twelve Months, Debt	(159)	(6,868)
Fair Value, Twelve Months or Greater, Debt	57,168	9,401
Gross Unrealized Losses, Twelve Months or Greater, Debt	(9,817)	(1,806)
Fair Value Total, Debt	60,996	69,355
Gross Unrealized Losses Total, Debt	$ (9,976)	$ (8,674)
Governmental National Mortgage Association Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	14	13
Fair Value, Less than Twelve Months, Debt	$ 2,151	$ 2,924
Gross Unrealized Losses, Less than Twelve Months, Debt	(51)	(194)
Fair Value, Twelve Months or Greater, Debt	4,438	2,182
Gross Unrealized Losses, Twelve Months or Greater, Debt	(346)	(54)
Fair Value Total, Debt	6,589	5,106
Gross Unrealized Losses Total, Debt	$ (397)	$ (248)
Obligations of States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	11	12
Fair Value, Less than Twelve Months, Debt		$ 9,920
Gross Unrealized Losses, Less than Twelve Months, Debt		(895)
Fair Value, Twelve Months or Greater, Debt	$ 9,052
Gross Unrealized Losses, Twelve Months or Greater, Debt	(742)
Fair Value Total, Debt	9,052	9,920
Gross Unrealized Losses Total, Debt	$ (742)	$ (895)
U.S. Government Treasury Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	1
Fair Value, Less than Twelve Months, Debt	$ 24,705
Gross Unrealized Losses, Less than Twelve Months, Debt	(1)
Fair Value Total, Debt	24,705
Gross Unrealized Losses Total, Debt	$ (1)
U.S. Government Agency Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	4	4
Fair Value, Less than Twelve Months, Debt	$ 24,582	$ 11,299
Gross Unrealized Losses, Less than Twelve Months, Debt	(6)	(670)
Fair Value, Twelve Months or Greater, Debt	6,304
Gross Unrealized Losses, Twelve Months or Greater, Debt	(642)
Fair Value Total, Debt	30,886	11,299
Gross Unrealized Losses Total, Debt	$ (648)	$ (670)
Corporate Obligations [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	87	88
Fair Value, Less than Twelve Months, Debt	$ 6,045	$ 49,333
Gross Unrealized Losses, Less than Twelve Months, Debt	(273)	(3,394)
Fair Value, Twelve Months or Greater, Debt	59,677	19,773
Gross Unrealized Losses, Twelve Months or Greater, Debt	(7,968)	(2,193)
Fair Value Total, Debt	65,722	69,106
Gross Unrealized Losses Total, Debt	$ (8,241)	$ (5,587)
Other Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities, Debt | Security	17	17
Fair Value, Less than Twelve Months, Debt	$ 395	$ 5,764
Gross Unrealized Losses, Less than Twelve Months, Debt		(610)
Fair Value, Twelve Months or Greater, Debt	6,025	1,759
Gross Unrealized Losses, Twelve Months or Greater, Debt	(719)	(84)
Fair Value Total, Debt	6,420	7,523
Gross Unrealized Losses Total, Debt	$ (719)	$ (694)

Loans Receivable - Summary of L

Loans Receivable - Summary of Loans Receivable (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Real estate loans:
Total Loans	$ 1,699,050	$ 1,454,311
Less allowance for loan losses	18,525	18,528	$ 18,113
Net loans	1,680,525	1,435,783
Obligations of States and Political Subdivisions [Member]
Real estate loans:
Total Loans	48,118	40,416
Less allowance for loan losses	110	283	393
Home Equity Loans and Lines of Credit [Member]
Real estate loans:
Total Loans	48,212	43,170
Less allowance for loan losses	346	361	318
Auto Loans [Member]
Real estate loans:
Total Loans	523	3,611
Less allowance for loan losses	2	22	232
Other [Member]
Real estate loans:
Total Loans	2,002	1,716
Less allowance for loan losses	22	22	21
Residential [Member] | Real Estate Loans [Member]
Real estate loans:
Total Loans	713,326	623,375
Less allowance for loan losses	4,897	5,122	4,114
Construction [Member] | Real Estate Loans [Member]
Real estate loans:
Total Loans	16,768	25,024
Less allowance for loan losses	183	319	187
Commercial [Member] | Real Estate Loans [Member]
Real estate loans:
Total Loans	821,958	678,841
Less allowance for loan losses	11,983	10,754	10,470
Commercial Loans [Member]
Real estate loans:
Total Loans	48,143	38,158
Less allowance for loan losses	$ 941	$ 698	$ 1,041

Loans Receivable - Additional I

Loans Receivable - Additional Information (Detail)	12 Months Ended
	Sep. 30, 2023 USD ($) Contract	Sep. 30, 2022 USD ($) Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans serviced for others	$ 217,000,000	$ 200,200,000
Criteria in internal rating system		Ten-point
Borrower rating scale	1 to 14
Days past due over which loans are considered as substandard	90 days
Minimum internal review amount	$ 2,000,000
Minimum external review amount	1,000,000
Minimum external review criticized relationships amount	500,000
Loans greater than 90 days delinquent and still accruing interest	$ 0	$ 0
Number of troubled debt restructuring loans granted | Contract	1	1
Number of troubled debt restructuring loans granted terms concessions	$ 211,000	$ 44,000
Number of troubled debt restructuring loans granted interest rate and interest capitalization concessions | Contract	1	1
Troubled debt restructuring loans granted interest rate and interest capitalization concessions	$ 33,000	$ 39,000
Number of troubled debt restructuring loans granted terms concessions | Contract	4
Troubled debt restructurings granted terms concession	$ 6,100,000
Number of troubled debt restructurings, loan modified, defaulted within one year of modification | Contract	0	0
Consumer Residential Mortgages [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Formal foreclosure proceeding assets	$ 568,000
Residential [Member] | Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase in allowance for loan loss		$ 1,000,000
Increase in loan receivable		$ 43,100,000
Number of troubled debt restructuring loans granted | Contract	3	2
Commercial [Member] | Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Increase in allowance for loan loss	$ 1,800,000
Increase in loan receivable	$ 143,100,000
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of unallocated allowance	10%

Loans Receivable - Schedule of

Loans Receivable - Schedule of Loans Evaluated for Impairment (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 1,699,050	$ 1,454,311
Individually Evaluated for Impairment	9,735	14,502
Collectively Evaluated for Impairment	1,689,315	1,439,809
Obligations of States and Political Subdivisions [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	48,118	40,416
Collectively Evaluated for Impairment	48,118	40,416
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	48,212	43,170
Individually Evaluated for Impairment	27	36
Collectively Evaluated for Impairment	48,185	43,134
Auto Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	523	3,611
Individually Evaluated for Impairment		16
Collectively Evaluated for Impairment	523	3,595
Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	2,002	1,716
Individually Evaluated for Impairment	3	6
Collectively Evaluated for Impairment	1,999	1,710
Residential [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	713,326	623,375
Individually Evaluated for Impairment	1,393	1,342
Collectively Evaluated for Impairment	711,933	622,033
Construction [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,768	25,024
Collectively Evaluated for Impairment	16,768	25,024
Commercial [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	821,958	678,841
Individually Evaluated for Impairment	7,664	12,165
Collectively Evaluated for Impairment	814,294	666,676
Commercial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total Loans	48,143	38,158
Individually Evaluated for Impairment	648	937
Collectively Evaluated for Impairment	$ 47,495	$ 37,221

Loans Receivable - Schedule o_2

Loans Receivable - Schedule of Investment and Unpaid Principal Balances for Impaired Loans (Detail) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Impaired [Line Items]
Recorded Investment	$ 9,735,000	$ 14,502,000
Unpaid Principal Balance	11,889,000	16,155,000
Associated Allowance	42,000	351,000
Average Recorded Investment	11,769,000	9,711,000
Interest Income Recognized	4,000	8,000
With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	8,212,000	10,546,000
Unpaid Principal Balance	10,224,000	12,036,000
Average Recorded Investment	9,911,000	8,109,000
Interest Income Recognized	4,000	8,000
With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	1,523,000	3,956,000
Unpaid Principal Balance	1,665,000	4,119,000
Associated Allowance	42,000	351,000
Average Recorded Investment	1,858,000	1,602,000
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	27,000	36,000
Unpaid Principal Balance	62,000	68,000
Average Recorded Investment	32,000	271,000
Home Equity Loans and Lines of Credit [Member] | With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	27,000	36,000
Unpaid Principal Balance	62,000	68,000
Average Recorded Investment	32,000	271,000
Auto Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment		16,000
Unpaid Principal Balance		28,000
Average Recorded Investment	3,000	21,000
Auto Loans [Member] | With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment		16,000
Unpaid Principal Balance		28,000
Average Recorded Investment		18,000
Auto Loans [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	3,000	3,000
Other [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	3,000	6,000
Unpaid Principal Balance	17,000	19,000
Average Recorded Investment	5,000	7,000
Other [Member] | With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	3,000	6,000
Unpaid Principal Balance	17,000	19,000
Average Recorded Investment	5,000	7,000
Residential [Member] | Real Estate Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	1,393,000	1,342,000
Unpaid Principal Balance	2,194,000	2,137,000
Associated Allowance	7,000	12,000
Average Recorded Investment	1,241,000	1,889,000
Interest Income Recognized	3,000	8,000
Residential [Member] | Real Estate Loans [Member] | With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	1,294,000	1,239,000
Unpaid Principal Balance	2,091,000	2,029,000
Average Recorded Investment	1,140,000	1,776,000
Interest Income Recognized	3,000	8,000
Residential [Member] | Real Estate Loans [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	99,000	103,000
Unpaid Principal Balance	103,000	108,000
Associated Allowance	7,000	12,000
Average Recorded Investment	101,000	113,000
Commercial [Member] | Real Estate Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	7,664,000	12,165,000
Unpaid Principal Balance	8,656,000	12,915,000
Associated Allowance	35,000	301,000
Average Recorded Investment	9,672,000	6,855,000
Interest Income Recognized	1,000
Commercial [Member] | Real Estate Loans [Member] | With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	6,240,000	8,384,000
Unpaid Principal Balance	7,094,000	8,987,000
Average Recorded Investment	8,182,000	5,898,000
Interest Income Recognized	1,000
Commercial [Member] | Real Estate Loans [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	1,424,000	3,781,000
Unpaid Principal Balance	1,562,000	3,928,000
Associated Allowance	35,000	301,000
Average Recorded Investment	1,490,000	957,000
Commercial Loans [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	648,000	937,000
Unpaid Principal Balance	960,000	988,000
Associated Allowance		38,000
Average Recorded Investment	816,000	668,000
Commercial Loans [Member] | With no Specific Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment	648,000	865,000
Unpaid Principal Balance	960,000	905,000
Average Recorded Investment	549,000	139,000
Commercial Loans [Member] | With an Allowance Recorded [Member]
Financing Receivable, Impaired [Line Items]
Recorded Investment		72,000
Unpaid Principal Balance		83,000
Associated Allowance		38,000
Average Recorded Investment	$ 267,000	$ 529,000

Loans Receivable - Classes of L

Loans Receivable - Classes of Loan Portfolio, Internal Risk Rating System (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	$ 1,680,525	$ 1,435,783
Commercial And Municipal Portfolio Segment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	918,219	757,415
Commercial And Municipal Portfolio Segment | Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	821,958	678,841
Commercial And Municipal Portfolio Segment | Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	48,143	38,158
Commercial And Municipal Portfolio Segment | Obligations of States and Political Subdivisions [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	48,118	40,416
Commercial And Municipal Portfolio Segment | Pass [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	902,306	734,842
Commercial And Municipal Portfolio Segment | Pass [Member] | Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	807,736	659,104
Commercial And Municipal Portfolio Segment | Pass [Member] | Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	46,452	35,322
Commercial And Municipal Portfolio Segment | Pass [Member] | Obligations of States and Political Subdivisions [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	48,118	40,416
Commercial And Municipal Portfolio Segment | Special Mention [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	3,200	7,750
Commercial And Municipal Portfolio Segment | Special Mention [Member] | Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	3,200	6,060
Commercial And Municipal Portfolio Segment | Special Mention [Member] | Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total		1,690
Commercial And Municipal Portfolio Segment | Substandard [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	12,713	14,823
Commercial And Municipal Portfolio Segment | Substandard [Member] | Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	11,022	13,677
Commercial And Municipal Portfolio Segment | Substandard [Member] | Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loan, total	$ 1,691	$ 1,146

Loans Receivable - Schedule o_3

Loans Receivable - Schedule of Performing or Nonperforming Loans (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Recorded Investment [Line Items]
Total	$ 1,680,525	$ 1,435,783
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	780,831	696,896
Home Equity Loans and Lines of Credit [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	48,212	43,170
Auto Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	523	3,611
Other [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,002	1,716
Residential [Member] | Real Estate Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	713,326	623,375
Construction [Member] | Real Estate Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	16,768	25,024
Performing [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	778,185	694,937
Performing [Member] | Home Equity Loans and Lines of Credit [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	48,165	42,832
Performing [Member] | Auto Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	523	3,590
Performing [Member] | Other [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	1,972	1,710
Performing [Member] | Residential [Member] | Real Estate Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	710,757	621,781
Performing [Member] | Construction [Member] | Real Estate Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	16,768	25,024
Nonperforming [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	2,646	1,959
Nonperforming [Member] | Home Equity Loans and Lines of Credit [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	47	338
Nonperforming [Member] | Auto Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total		21
Nonperforming [Member] | Other [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	30	6
Nonperforming [Member] | Residential [Member] | Real Estate Loans [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total	$ 2,569	$ 1,594

Loans Receivable - Classes of_2

Loans Receivable - Classes of Loan Portfolio Summarized by Aging Categories (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	$ 1,694,557	$ 1,444,734
31-60 Days Past Due, Accruing Loans	1,079	7,111
61-90 Days Past Due, Accruing Loans	233	984
Greater than 90 Days Past Due, Accruing Loans	3,181	1,482
Total Past Due, Accruing Loans	4,493	9,577
Total Accruing Loans	1,699,050	1,454,311
Non-Accrual Loans	11,061	15,082
Obligations of States and Political Subdivisions [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	48,118	40,416
Total Accruing Loans	48,118	40,416
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	48,191	42,842
31-60 Days Past Due, Accruing Loans		121
61-90 Days Past Due, Accruing Loans		144
Greater than 90 Days Past Due, Accruing Loans	21	63
Total Past Due, Accruing Loans	21	328
Total Accruing Loans	48,212	43,170
Non-Accrual Loans	47	338
Auto Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	485	3,462
31-60 Days Past Due, Accruing Loans	37	134
61-90 Days Past Due, Accruing Loans	1	2
Greater than 90 Days Past Due, Accruing Loans		13
Total Past Due, Accruing Loans	38	149
Total Accruing Loans	523	3,611
Non-Accrual Loans		21
Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	1,959	1,685
31-60 Days Past Due, Accruing Loans	10
61-90 Days Past Due, Accruing Loans	33	31
Total Past Due, Accruing Loans	43	31
Total Accruing Loans	2,002	1,716
Non-Accrual Loans	30	6
Residential [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	710,290	621,270
31-60 Days Past Due, Accruing Loans	792	598
61-90 Days Past Due, Accruing Loans	199	367
Greater than 90 Days Past Due, Accruing Loans	2,045	1,140
Total Past Due, Accruing Loans	3,036	2,105
Total Accruing Loans	713,326	623,375
Non-Accrual Loans	2,569	1,594
Construction [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	16,768	25,024
Total Accruing Loans	16,768	25,024
Commercial [Member] | Real Estate Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	820,853	672,875
31-60 Days Past Due, Accruing Loans	240	5,719
Greater than 90 Days Past Due, Accruing Loans	865	247
Total Past Due, Accruing Loans	1,105	5,966
Total Accruing Loans	821,958	678,841
Non-Accrual Loans	7,763	12,165
Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current, Accruing Loans	47,893	37,160
31-60 Days Past Due, Accruing Loans		539
61-90 Days Past Due, Accruing Loans		440
Greater than 90 Days Past Due, Accruing Loans	250	19
Total Past Due, Accruing Loans	250	998
Total Accruing Loans	48,143	38,158
Non-Accrual Loans	$ 652	$ 958

Loans Receivable - Summary of P

Loans Receivable - Summary of Primary Segments of ALL (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	$ 18,528	$ 18,113
Charge-offs	(912)	(110)
Recoveries	209	525
Provision	700
Balance, End of period	18,525	18,528
Individually evaluated for impairment	42	351
Collectively evaluated for impairment	18,483	18,177
Commercial Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	698	1,041
Charge-offs	(269)
Provision	512	(343)
Balance, End of period	941	698
Individually evaluated for impairment		38
Collectively evaluated for impairment	941	660
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	947	1,337
Provision	(906)	(390)
Balance, End of period	41	947
Collectively evaluated for impairment	41	947
Real Estate Loans [Member] | Residential [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	5,122	4,114
Charge-offs		(19)
Recoveries	45	382
Provision	(270)	645
Balance, End of period	4,897	5,122
Individually evaluated for impairment	7	12
Collectively evaluated for impairment	4,890	5,110
Real Estate Loans [Member] | Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	319	187
Provision	(136)	132
Balance, End of period	183	319
Collectively evaluated for impairment	183	319
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	10,754	10,470
Charge-offs	(615)	(23)
Recoveries	20	35
Provision	1,824	272
Balance, End of period	11,983	10,754
Individually evaluated for impairment	35	301
Collectively evaluated for impairment	11,948	10,453
Obligations of States and Political Subdivisions [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	283	393
Provision	(173)	(110)
Balance, End of period	110	283
Collectively evaluated for impairment	110	283
Home Equity Loans and Lines of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	361	318
Charge-offs		(6)
Recoveries	66	9
Provision	(81)	40
Balance, End of period	346	361
Collectively evaluated for impairment	346	361
Auto Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	22	232
Charge-offs	(28)	(40)
Recoveries	78	99
Provision	(70)	(269)
Balance, End of period	2	22
Collectively evaluated for impairment	2	22
Other [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance, Beginning of period	22	21
Charge-offs		(22)
Provision		23
Balance, End of period	22	22
Collectively evaluated for impairment	$ 22	$ 22

Loans Receivable - Summary of T

Loans Receivable - Summary of Troubled Debt Restructurings Granted (Detail) $ in Thousands	12 Months Ended
	Sep. 30, 2023 USD ($) Contract	Sep. 30, 2022 USD ($) Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	1	1
Real Estate Loans [Member] | Residential [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	3	2
Pre-Modification Outstanding Recorded Investment	$ 295	$ 83
Post-Modification Outstanding Recorded Investment	$ 355	$ 93
Real Estate Loans [Member] | Commercial [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	3
Pre-Modification Outstanding Recorded Investment	$ 6,058
Post-Modification Outstanding Recorded Investment	$ 6,058
Troubled Debt Restructurings [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	6	2
Pre-Modification Outstanding Recorded Investment	$ 6,353	$ 83
Post-Modification Outstanding Recorded Investment	$ 6,413	$ 93

Premises and Equipment - Compos

Premises and Equipment - Composition of Premises and Equipment (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Property Plant And Equipment Useful Life And Values [Abstract]
Land and land improvements	$ 6,075	$ 6,075
Buildings and leasehold improvements	16,100	16,030
Furniture, fixtures, and equipment	14,565	13,961
Construction in process	44	7
Premises and equipment Gross	36,784	36,073
Less accumulated depreciation	(23,871)	(22,947)
Total	$ 12,913	$ 13,126

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Detail) - USD ($)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Property Plant And Equipment Useful Life And Values [Abstract]
Depreciation expense	$ 919,000	$ 896,000

Deposits - Schedule of Deposits

Deposits - Schedule of Deposits and Respective Weighted-Average Interest Rates by Major Classifications (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Deposits Liabilities Disclosures [Abstract]
Weighted Average Interest Rate, Interest bearing demand accounts	0.65%	0.10%
Weighted Average Interest Rate, Money market accounts	2.02%	0.73%
Weighted Average Interest Rate, Savings and club accounts	0.06%	0.05%
Weighted Average Interest Rate, Certificates of deposit	3.99%	0.49%
Weighted Average Interest Rate, Total	1.80%	0.29%
Noninterest-bearing demand accounts	$ 280,473	$ 290,061
Interest bearing demand accounts	346,458	357,516
Money market accounts	366,866	402,080
Savings and club accounts	163,248	196,696
Certificates of deposit	503,971	133,668
Total	$ 1,661,016	$ 1,380,021

Deposits - Scheduled Maturities

Deposits - Scheduled Maturities of Certificates of Deposit (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Deposits Liabilities Disclosures [Abstract]
2024	$ 457,232
2025	32,308
2026	5,732
2027	3,990
2028	4,709
Total	$ 503,971	$ 133,668

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Deposits Liabilities Disclosures [Abstract]
Brokered deposits Total	$ 214,200,000	$ 0
Aggregate amount of time certificates of deposit	71,994,000	$ 14,600,000
Aggregate amount of time certificates of deposit with a minimum denomination	$ 250,000

Deposits - Scheduled Maturiti_2

Deposits - Scheduled Maturities of Certificates of Deposit in Denominations (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Deposits Liabilities Disclosures [Abstract]
Within three months	$ 21,442
Three through six months	18,819
Six through twelve months	28,080
Over twelve months	3,653
Total	$ 71,994	$ 14,600

Short-Term Borrowings - Additio

Short-Term Borrowings - Additional Information (Detail) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2019
Debt Disclosure [Abstract]
Short-term borrowings	$ 374,652,000	$ 230,810,000
Advances on line of credit with the FHLB	59,700,000	4,800,000
Advances on other short term borrowings with the FHLB	255,000,000	$ 226,000,000
Line of credit with the FHLB			$ 150,000,000
Borrowing limit	852,400,000
Advance with Federal Reserve Bank	$ 60

Short-Term Borrowings - Schedul

Short-Term Borrowings - Schedule of Short-Term Borrowings (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Debt Disclosure [Abstract]
Balance at year-end	$ 374,652	$ 230,810
Maximum amount outstanding at any month-end	464,041	230,810
Average balance outstanding during the year	$ 305,623	$ 63,754
Weighted-average interest rate:
As of year-end	5.56%	3.37%
Paid during the year	2.14%	0.62%

Income Taxes - Schedule of Prov

Income Taxes - Schedule of Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Federal	$ 4,183	$ 4,915
State	59	207
Total current taxes	4,242	5,122
Deferred income tax expense	252	(188)
Actual tax expense and effective rate, Amount	$ 4,494	$ 4,934

Income Taxes - Schedule of Chan

Income Taxes - Schedule of Changes in Significant Portions of the Deferred Tax Assets and Deferred Tax Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Deferred tax assets:
Allowance for loan losses	$ 3,890	$ 3,891
Net unrealized loss on pension plan		294
Investment losses subject to Section 382 limitation	1,516	1,685
Net unrealized loss on securities	4,659	3,690
Deferred compensation	293	315
Other real estate owned	195	146
Nonaccrual interest	95	99
Employee stock ownership plan	596	544
Other	2,102	2,352
Total gross deferred tax assets	13,346	13,016
Deferred tax liabilities:
Pension plan	1,152	1,087
Mortgage servicing rights	184	166
Premises and equipment	264	281
Net unrealized gain on derivatives	2,118	3,215
Low income housing tax credits	1,164	1,081
Other	1,587	1,811
Total gross deferred tax liabilities	6,469	7,641
Net deferred tax assets	$ 6,877	$ 5,375

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	12 Months Ended
	Sep. 30, 2023 USD ($)
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 0
Uncertain tax position	$ 0
Effective income tax rate	11.50%

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation of the Federal Statutory Rate and the Effective Income Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Provision at statutory rate, Amount	$ 4,845	$ 5,251
Income from bank-owned life insurance, Amount	(165)	(159)
Tax-exempt income, Amount	(317)	(292)
Low-income housing credits, Amount	(36)	(45)
Other, net, Amount	167	179
Actual tax expense and effective rate, Amount	$ 4,494	$ 4,934
Provision at statutory rate, Percentage of pretax income	21%	21%
Income from bank-owned life insurance, Percentage of pretax income	(0.70%)	(0.60%)
Tax-exempt income, Percentage of pretax income	(1.30%)	(1.20%)
Low-income housing credits, Percentage of pretax income	(0.10%)	(0.20%)
Other, net, Percentage of pretax income	0.70%	0.70%
Actual tax expense and effective rate, Percentage of pretax income	19.50%	19.70%

Commitments and Contingent Li_3

Commitments and Contingent Liabilities - Components of Off Balance Sheet Commitments (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Standby Letters of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off balance sheet commitments	$ 13,815	$ 14,490
Commitments to Extend Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off balance sheet commitments	188,685	292,563
Unfunded Lines of Credit [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off balance sheet commitments	$ 114,350	$ 124,656

Commitments and Contingent Li_4

Commitments and Contingent Liabilities - Additional Information (Detail)						12 Months Ended
	Jun. 09, 2023 USD ($)	May 31, 2023 USD ($)	May 29, 2020 Plaintiff	Dec. 09, 2019 Plaintiff	Dec. 08, 2016 Plaintiff	Sep. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Contract Maturity Period						less than one year
Coverage Period for Instrument						1 year
Reserve balance						$ 1,200,000
Number of plaintiffs | Plaintiff			3		1
Additional number of plaintiffs | Plaintiff				2
Mortgage loan subsidies commitments		$ 2,900,000
Mortgage loans subsidies commitments minimum period		5 years
Minimum percentage of mortgage loans subisidies to be invested		50%
Investment commitments related to marketing and outreach		$ 250,000
Investment commitments related to community development partnerships, mortgage professional and development officer		$ 125,000
Loss contingeny committed amount	$ 2,900,000
Committed amount investing period	5 years

Leases - Additional Information

Leases - Additional Information (Detail)	12 Months Ended
	Sep. 30, 2023
Leases [Abstract]
Lessee operating lease expiration year	2044

Leases - Summary of Balance She

Leases - Summary of Balance Sheet Operating Lease Right-of-Use Assets and Lease Liabilities (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
ASSETS
Operating lease right-of-use assets	$ 6,046	$ 6,075
Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List	Other assets	Other assets
LIABILITIES
Operating lease liabilities	$ 6,288	$ 6,275
Operating Lease Liability Statement Of Financial Position Extensible List	Other liabilities	Other liabilities

Leases - Summary of Lease Term

Leases - Summary of Lease Term and Discount Rate (Detail)	Sep. 30, 2023	Sep. 30, 2022
Weighted average remaining lease term
Operating leases	11 years 8 months 12 days	12 years 2 months 12 days
Weighted average discount rate
Operating leases	3.29%	2.38%

Leases - Summary of Components

Leases - Summary of Components of Lease Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Lease, Cost [Abstract]
Operating lease cost	$ 977	$ 1,025
Variable lease cost	245	330
Net lease cost	$ 1,222	$ 1,355

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Lease Payments (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Lease, Cost [Abstract]
September 30, 2024	$ 988
September 30, 2025	792
September 30, 2026	738
September 30, 2027	604
September 30, 2028	579
Thereafter	4,029
Total future minimum lease payments	7,730
Amounts representing interest	(1,442)
Present Value of Net Future Minimum Lease Payments	$ 6,288	$ 6,275

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail) - USD ($)		12 Months Ended
	Mar. 02, 2016	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs Disclosure [Line Items]
Service Period		1 year
Age of Employee		21 years
Acquired Shares of the Company's Stock		1,358,472
Outstanding loan interest		7.50%
Outstanding loan principal and interest payment date month and year		2036-12
Recognized ESOP expense		$ 798,000	$ 792,000
Share-based compensation expense		560,000	517,000
Accumulated benefit obligation		12,200,000	12,800,000
Expected contribution of bank		0
Allocated share based compensation expense		517,000	496,000
Estimated present value of benefits under plan		$ 3,000,000	2,600,000
Supplemental executive retirement plan discounting rate for present value calculation		6%
Expense related to supplemental executive retirement plan		$ 391,000	63,000
Equity [Member]
Compensation Related Costs Disclosure [Line Items]
Target allocation of cash and fixed income		65%
Cash and Fixed Income [Member]
Compensation Related Costs Disclosure [Line Items]
Target allocation of cash and fixed income		35%
Minimum [Member]
Compensation Related Costs Disclosure [Line Items]
Supplemental executive retirement plan minimum period		192 months
2007 Equity Incentive Plan [Member]
Compensation Related Costs Disclosure [Line Items]
Common stock issuance, Grant	2,377,326
Further number of shares, grants	0
2016 Plan [Member]
Compensation Related Costs Disclosure [Line Items]
Common stock issuance, Grant		250,000
Stock Option [Member]
Compensation Related Costs Disclosure [Line Items]
Number of available shares	1,698,090
Restricted Stock [Member]
Compensation Related Costs Disclosure [Line Items]
Number of available shares	679,236
Share-based compensation expense		$ 560,000	$ 517,000
Expected future expense		$ 450,000
Remaining vesting periods		3 years
Restricted Stock [Member] | Minimum [Member]
Compensation Related Costs Disclosure [Line Items]
Restricted shares vesting period		1 year
Restricted Stock [Member] | Maximum [Member]
Compensation Related Costs Disclosure [Line Items]
Restricted shares vesting period		3 years

Employee Benefits - Components

Employee Benefits - Components of the ESOP Shares (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Allocated shares	411,696	390,547
Shares committed to be released	33,962	33,962
Unreleased shares	599,992	645,274
Total ESOP shares	1,045,650	1,069,783
Fair value of unreleased shares	$ 9,516	$ 13,170

Employee Benefits - Schedule of

Employee Benefits - Schedule of Nonvested Restricted Stock Option Activity (Detail) - Restricted Stock [Member]	12 Months Ended
	Sep. 30, 2023 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Restricted Stock, Nonvested at September 30, 2022 | shares	35,639
Number of Restricted Stock, Granted | shares	31,696
Number of Restricted Stock, Vested | shares	(33,675)
Number of Restricted Stock, Forfeited | shares	(1,148)
Number of Restricted Stock, Nonvested at September 30, 2023 | shares	32,512
Weighted-average Grant Date Fair Value, Nonvested at September 30, 2022 | $ / shares	$ 14.88
Weighted-average Grant Date Fair Value, Granted | $ / shares	19.06
Weighted-average Grant Date Fair Value, Vested | $ / shares	16.69
Weighted-average Grant Date Fair Value, Forfeited | $ / shares	16.35
Weighted-average Grant Date Fair Value, Nonvested at September 30, 2023 | $ / shares	$ 17.03

Employee Benefits - Summary of

Employee Benefits - Summary of Change in Plan Assets and Benefit Obligation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Projected benefit obligation at beginning of year	$ 12,776	$ 20,895
Interest cost	$ 656	$ 556
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest income	Interest income
Actuarial (gains) losses	$ (568)	$ (5,129)
Benefits paid	(668)	(3,546)
Projected benefit obligation at end of year	12,196	12,776
Fair value of plan assets at beginning of year	16,551	23,248
Actual return on plan assets	1,886	(3,152)
Benefits paid	(668)	(3,545)
Fair value of plan assets at end of year	17,769	16,551
Funded status	$ 5,573	$ 3,775

Employee Benefits - Summary o_2

Employee Benefits - Summary of the Components of Net Periodic Pension Cost (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Net (gain) loss	$ (85)	$ 1,401

Employee Benefits - Summary o_3

Employee Benefits - Summary of the Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Interest cost	$ 656	$ 556
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest income	Interest income
Expected return on plan assets	$ (968)	$ (1,228)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest income	Interest income
Recognized net actuarial loss		$ 2
Settlement loss		260
Net periodic benefit	$ (312)	$ (410)

Employee Benefits - Schedule _2

Employee Benefits - Schedule of Weighted-Average Assumptions (Detail)	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Discount rate	5.80%	5.31%

Employee Benefits - Schedule _3

Employee Benefits - Schedule of Assumptions Used to Determine Net Periodic Benefit Cost (Detail)	3 Months Ended				12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Discount rate	4.50%	3.54%	2.66%	2.61%	5.31%	2.61%
Expected long-term return on plan assets					6%	6%

Employee Benefits - Schedule _4

Employee Benefits - Schedule of Assumptions Used to Determine Net Periodic Benefit Cost (Parenthetical) (Detail)	3 Months Ended				12 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022
Compensation Related Costs [Abstract]
Discount rate	4.50%	3.54%	2.66%	2.61%	5.31%	2.61%

Employee Benefits - Summary o_4

Employee Benefits - Summary of the Plan's Financial Assets at Fair Value, Within the Fair Value Hierarchy (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	$ 17,769	$ 16,551	$ 23,248
Level II [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	17,769	16,551
Investment in Collective Trusts Fixed Income [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	7,081	6,670
Investment in Collective Trusts Fixed Income [Member] | Level II [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	7,081	6,670
Investment in Collective Trusts Equity [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	10,661	9,831
Investment in Collective Trusts Equity [Member] | Level II [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	10,661	9,831
Investment in Short-Term Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	27	50
Investment in Short-Term Investments [Member] | Level II [Member]
Defined Benefit Plan Disclosure [Line Items]
Total assets at fair value	$ 27	$ 50

Employee Benefits - The Bank's

Employee Benefits - The Bank's Defined Benefit Pension Plan Weighted-Average Asset Allocations (Detail)	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Total Defined Benefit Plan, Actual Plan Asset Allocations	100%	100%
Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Total Defined Benefit Plan, Actual Plan Asset Allocations	39.80%	40.30%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Total Defined Benefit Plan, Actual Plan Asset Allocations	60%	59.40%
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Total Defined Benefit Plan, Actual Plan Asset Allocations	0.20%	0.30%

Employee Benefits - Summary o_5

Employee Benefits - Summary of Estimated Future Benefit Payments (Detail) $ in Thousands	Sep. 30, 2023 USD ($)
Compensation Related Costs [Abstract]
2024	$ 645
2025	1,328
2026	950
2027	1,378
2028	609
2029-2033	$ 3,292

Regulatory Restrictions - Addit

Regulatory Restrictions - Additional Information (Detail) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Mar. 26, 2020
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Reserve funds deposit	$ 0	$ 0
Pandemic Impact [Member]
Compliance With Regulatory Capital Requirements Under Banking Regulations [Line Items]
Reserve funds deposit			$ 0

Regulatory Capital Requiremen_3

Regulatory Capital Requirements - Additional Information (Detail)	Sep. 30, 2023	Sep. 30, 2022
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based ratio	0.100	0.100
Tier 1 risk-based ratio	0.060	0.060
Common equity Tier 1 capital ratio	6.50%	6.50%
Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based ratio	0.10	0.10
Tier 1 risk-based ratio	0.08	0.08
Common equity Tier 1 capital ratio	6.50%	6.50%
Tier 1 leverage capital ratio	0.05	0.05

Regulatory Capital Requiremen_4

Regulatory Capital Requirements - Bank's Actual Capital Ratios (Detail) $ in Thousands	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Banking and Thrift, Other Disclosure [Abstract]
Actual, Amount	$ 224,683	$ 211,390
For capital adequacy purposes, Amount	138,582	126,843
To be well capitalized, Amount	173,228	158,554
Actual, Amount	206,106	192,810
For capital adequacy purposes, Amount	103,937	95,132
To be well capitalized, Amount	138,582	126,843
Actual, Amount	206,106	192,810
For capital adequacy purposes, Amount	77,953	71,349
To be well capitalized, Amount	112,598	103,060
Actual, Amount	206,106	192,810
For capital adequacy purposes, Amount	87,671	73,656
To be well capitalized, Amount	$ 109,589	$ 92,070
Actual, Ratio	0.130	0.133
For capital adequacy purposes, Ratio	0.080	0.080
To be well capitalized, Ratio	0.100	0.100
Actual, Ratio	0.119	0.122
For capital adequacy purposes, Ratio	0.060	0.060
To be well capitalized, Ratio	0.080	0.080
Actual, Ratio	11.90%	12.20%
For capital adequacy purposes, Ratio	4.50%	4.50%
To be well capitalized, Ratio	6.50%	6.50%
Actual, Ratio	9.40%	10.50%
For capital adequacy purposes, Ratio	4%	4%
To be well capitalized, Ratio	5%	5%

Fair Value - Schedule of Fair V

Fair Value - Schedule of Fair Value For Assets and Liabilities Required to be Measured and Reported at Fair Value on a Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Assets:
Total debt securities	$ 334,056	$ 208,647
Fair Value, Measurements, Recurring [Member]
Assets:
Total debt securities	334,056	208,647
Equity securities - financial services	32	36
Derivatives and hedging activities	19,662	24,481
Liabilities:
Derivatives and hedging activities	9,579	9,176
Fair Value, Measurements, Recurring [Member] | Mortgage-Backed Securities [Member]
Assets:
Total debt securities	100,331	110,160
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets:
Total debt securities	9,052	9,920
Fair Value, Measurements, Recurring [Member] | U.S. Government Treasury Securities [Member]
Assets:
Total debt securities	123,580
Fair Value, Measurements, Recurring [Member] | U.S. Government Agency Securities [Member]
Assets:
Total debt securities	28,952	9,330
Fair Value, Measurements, Recurring [Member] | Corporate Obligations [Member]
Assets:
Total debt securities	65,721	71,119
Fair Value, Measurements, Recurring [Member] | Other Debt Securities [Member]
Assets:
Total debt securities	6,420	8,118
Fair Value, Measurements, Recurring [Member] | Level I [Member]
Assets:
Equity securities - financial services	32	36
Fair Value, Measurements, Recurring [Member] | Level II [Member]
Assets:
Total debt securities	331,220	201,273
Derivatives and hedging activities	19,662	24,481
Liabilities:
Derivatives and hedging activities	9,579	9,176
Fair Value, Measurements, Recurring [Member] | Level II [Member] | Mortgage-Backed Securities [Member]
Assets:
Total debt securities	100,331	110,160
Fair Value, Measurements, Recurring [Member] | Level II [Member] | Obligations of States and Political Subdivisions [Member]
Assets:
Total debt securities	9,052	9,920
Fair Value, Measurements, Recurring [Member] | Level II [Member] | U.S. Government Treasury Securities [Member]
Assets:
Total debt securities	123,580
Fair Value, Measurements, Recurring [Member] | Level II [Member] | U.S. Government Agency Securities [Member]
Assets:
Total debt securities	28,952	9,330
Fair Value, Measurements, Recurring [Member] | Level II [Member] | Corporate Obligations [Member]
Assets:
Total debt securities	62,885	63,745
Fair Value, Measurements, Recurring [Member] | Level II [Member] | Other Debt Securities [Member]
Assets:
Total debt securities	6,420	8,118
Fair Value, Measurements, Recurring [Member] | Level III [Member]
Assets:
Total debt securities	2,836	7,374
Fair Value, Measurements, Recurring [Member] | Level III [Member] | Corporate Obligations [Member]
Assets:
Total debt securities	$ 2,836	$ 7,374

Fair Value - Schedule of Change

Fair Value - Schedule of Changes in Fair Value of Level III Investments (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Beginning balance	$ 7,374	$ 11,112
Purchases, sales, issuances, settlements, net		1,515
Total unrealized gain:
Included in other comprehensive income	$ (188)	$ (753)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Asset, Gain (Loss), Statement of Other Comprehensive Income or Comprehensive Income [Extensible Enumeration]	Gain on sale of loans, net	Gain on sale of loans, net
Transfers out of Level III	$ (4,350)	$ (4,500)
Ending balance	$ 2,836	$ 7,374

Fair Value - Schedule of Fair_2

Fair Value - Schedule of Fair Value For Assets Required to be Measured and Reported at Fair Value on a Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Financial assets:
Foreclosed real estate	$ 3,311	$ 29
Fair Value, Measurements, Nonrecurring [Member]
Financial assets:
Foreclosed real estate	3,311	29
Impaired loans	9,693	14,151
Level III [Member] | Fair Value, Measurements, Nonrecurring [Member]
Financial assets:
Foreclosed real estate	3,311	29
Impaired loans	$ 9,693	$ 14,151

Fair Value - Summary of Additio

Fair Value - Summary of Additional Quantitative Information about Assets Measured at Fair Value on Nonrecurring Basis (Detail) - Fair Value, Measurements, Nonrecurring [Member] - Level III [Member] $ in Thousands	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Estimate	$ 9,693	$ 14,151
Servicing Asset, Valuation Technique [Extensible Enumeration]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Servicing Asset, Measurement Input [Extensible Enumeration]	us-gaap:MeasurementInputAppraisedValueMember	us-gaap:MeasurementInputAppraisedValueMember
Impaired Loans [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value input appraisal adjustments	0	0
Impaired Loans [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value input appraisal adjustments	0.35	0.35
Impaired Loans [Member] | Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value input appraisal adjustments	(0.208)	(0.206)
Foreclosed Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value Estimate	$ 3,311	$ 29
Servicing Asset, Valuation Technique [Extensible Enumeration]	us-gaap:MarketApproachValuationTechniqueMember	us-gaap:MarketApproachValuationTechniqueMember
Servicing Asset, Measurement Input [Extensible Enumeration]	us-gaap:MeasurementInputAppraisedValueMember	us-gaap:MeasurementInputAppraisedValueMember
Fair value input appraisal adjustments		0.20
Foreclosed Real Estate Owned [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value input appraisal adjustments	0.10
Foreclosed Real Estate Owned [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value input appraisal adjustments	0.35
Foreclosed Real Estate Owned [Member] | Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value input appraisal adjustments	0.102	0.20

Fair Value - Additional Informa

Fair Value - Additional Information (Detail) - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Impaired loans, fair value	$ 9,700,000	$ 14,500,000
Impaired loans, valuation allowance	$ 42,000	$ 351,000

Fair Value - Schedule of Assets

Fair Value - Schedule of Assets and Liabilities not Required to be Measured and Reported at Fair Value (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Financial assets:
Loans receivable, net	$ 9,700	$ 14,500
Carrying Value [Member]
Financial assets:
Loans receivable, net	1,680,525	1,435,783
Mortgage servicing rights	874	788
Investment securities held to maturity	52,242	57,285
Financial liabilities:
Deposits	1,661,016	1,380,021
Short-term borrowings	374,652	230,810
Estimated Fair Value [Member]
Financial assets:
Loans receivable, net	1,524,615	1,351,823
Mortgage servicing rights	1,470	1,390
Investment securities held to maturity	42,090	47,546
Financial liabilities:
Deposits	1,656,146	1,374,886
Short-term borrowings	364,291	215,287
Estimated Fair Value [Member] | Level 1 [Member]
Financial liabilities:
Deposits	1,157,045	1,246,353
Estimated Fair Value [Member] | Level 2 [Member]
Financial assets:
Investment securities held to maturity	42,090	47,546
Estimated Fair Value [Member] | Level 3 [Member]
Financial assets:
Loans receivable, net	1,524,615	1,351,823
Mortgage servicing rights	1,470	1,390
Financial liabilities:
Deposits	499,101	128,533
Short-term borrowings	$ 364,291	$ 215,287

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Summary of Activity in Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	$ 212,337	$ 201,822
Ending Balance	219,708	212,337
Defined Benefit Pension Plan [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	(1,108)	(1,907)
Other comprehensive income (loss) before reclassifications	1,174	591
Amounts reclassified from accumulated other comprehensive loss		208
Total other comprehensive (loss) income	1,174	799
Ending Balance	66	(1,108)
Unrealized Gains (Losses) on Securities Available for Sale [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	(13,879)	1,962
Other comprehensive income (loss) before reclassifications	(3,742)	(15,841)
Amounts reclassified from accumulated other comprehensive loss	96
Total other comprehensive (loss) income	(3,646)	(15,841)
Ending Balance	(17,525)	(13,879)
Derivatives [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	12,093	627
Other comprehensive income (loss) before reclassifications	3,079	12,116
Amounts reclassified from accumulated other comprehensive loss	(7,206)	(650)
Total other comprehensive (loss) income	(4,127)	11,466
Ending Balance	7,966	12,093
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance	(2,894)	682
Other comprehensive income (loss) before reclassifications	511	(3,134)
Amounts reclassified from accumulated other comprehensive loss	(7,110)	(442)
Total other comprehensive (loss) income	(6,599)	(3,576)
Ending Balance	$ (9,493)	$ (2,894)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) - Summary of Activity in Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Equity [Abstract]
Related income tax expense or benefit	21%	21%

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Income (Loss) - Summary of Reclassification Out of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Available For Sale Securities [Line Items]
Interest expense	$ (23,945)	$ (3,041)
Income taxes	(4,494)	(4,934)
NET INCOME	18,576	20,070
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member]
Schedule Of Available For Sale Securities [Line Items]
NET INCOME	7,110	442
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Unrealized Gains (Losses) on Securities Available for Sale [Member]
Schedule Of Available For Sale Securities [Line Items]
Gain on sale of investment securities,net	(121)
Income taxes	25
NET INCOME	(96)
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Defined Benefit Pension Plan [Member]
Schedule Of Available For Sale Securities [Line Items]
Other expense		(263)
Income taxes		55
NET INCOME		(208)
Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member] | Derivatives [Member]
Schedule Of Available For Sale Securities [Line Items]
Interest expense	9,122	823
Income taxes	(1,916)	(173)
NET INCOME	$ 7,206	$ 650

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities - Schedule of Fair Value of Derivative Financial Instruments as well as their Classification on Consolidated Balance Sheet (Detail) - Designated as Hedging Instrument [Member] - USD ($)	Sep. 30, 2023	Sep. 30, 2022
Derivative and Hedging Assets [Member]
Derivatives Fair Value [Line Items]
Derivatives, Notional Amount	$ 316,265,000	$ 304,602,000
Fair Values of Derivative Instruments, Asset	19,662,000	24,481,000
Derivative and Hedging Liabilities {Member]
Derivatives Fair Value [Line Items]
Derivatives, Notional Amount	117,516,000	111,668,000
Fair Values of Derivative Instruments, Liability	9,579,000	9,176,000
Commercial Loans [Member] | Derivative and Hedging Assets [Member]
Derivatives Fair Value [Line Items]
Derivatives, Notional Amount	86,265,000	79,602,000
Fair Values of Derivative Instruments, Asset	9,576,000	9,171,000
Commercial Loans [Member] | Derivative and Hedging Liabilities {Member]
Derivatives Fair Value [Line Items]
Derivatives, Notional Amount	117,516,000	111,668,000
Fair Values of Derivative Instruments, Liability	9,579,000	9,176,000
FHLB Advances [Member] | | Derivative and Hedging Assets [Member]
Derivatives Fair Value [Line Items]
Derivatives, Notional Amount	230,000,000	225,000,000
Fair Values of Derivative Instruments, Asset	$ 10,086,000	$ 15,310,000

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities - Additional Information (Detail)	12 Months Ended
	Sep. 30, 2023 USD ($) Contract	Sep. 30, 2022 USD ($) Contract
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Interest income (expense)	$ 61,554,000	$ 59,771,000
Designated as Hedging Instrument [Member] | Cash Flow Hedges of Interest Rate Risk [Member] | Reclassification Out of Accumulated Other Comprehensive Income (Loss) [Member]
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Interest income (expense)	9,100,000	$ 823,000
Increase (decrease) in accrued interest payable	7,800,000
Designated as Hedging Instrument [Member] | Cash Flow Hedges of Interest Rate Risk [Member] | Interest Rate Swaps [Member] | Variable Rate [Member] | Brokered Deposits [Member]
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Derivative, number of instruments | Contract		10
Derivative, notional principal amount		$ 225,000,000
Designated as Hedging Instrument [Member] | Cash Flow Hedges of Interest Rate Risk [Member] | Interest Rate Swaps [Member] | Variable Rate [Member] | Commercial Loans [Member]
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Derivative, notional principal amount	$ 204,000,000	$ 191,000,000
Designated as Hedging Instrument [Member] | Cash Flow Hedges of Interest Rate Risk [Member] | Interest Rate Swaps [Member] | Variable Rate [Member] | FHLB Advances [Member] |
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Derivative, number of instruments | Contract	10
Derivative, notional principal amount	$ 230,000,000

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities - Schedule of Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments Gain Loss [Line Items]
(Loss) Gain Recognized in OCI on Derivative	$ 3,900	$ 15,330
Designated as Hedging Instrument [Member] | Cash Flow Hedges of Interest Rate Risk [Member]
Derivative Instruments Gain Loss [Line Items]
(Loss) Gain Recognized in OCI on Derivative	(5,222)	14,507
Gain Reclassified from Accumulated OCI into Income	$ 9,122	$ 823
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Interest Expense	Interest Expense
Designated as Hedging Instrument [Member] | Interest Rate Products [Member] | Cash Flow Hedges of Interest Rate Risk [Member]
Derivative Instruments Gain Loss [Line Items]
(Loss) Gain Recognized in OCI on Derivative	$ (5,222)	$ 14,507
Gain Reclassified from Accumulated OCI into Income	$ 9,122	$ 823

Parent Company - Condensed Bala

Parent Company - Condensed Balance Sheet (Detail) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
ASSETS
Cash and due from banks	$ 39,008	$ 19,970
Premises and equipment, net	12,913	13,126
Other assets	27,200	22,439
TOTAL ASSETS	2,293,246	1,861,817
LIABILITIES AND STOCKHOLDERS’ EQUITY
Other liabilities	21,741	17,670
Stockholders’ equity	219,708	212,337	$ 201,822
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	2,293,246	1,861,817
Parent Company [Member]
ASSETS
Cash and due from banks	5,564	6,355
Equity securities	32	36
Investment in subsidiary	210,505	203,998
Premises and equipment, net	381	391
Other assets	3,377	1,702
TOTAL ASSETS	219,859	212,482
LIABILITIES AND STOCKHOLDERS’ EQUITY
Other liabilities	151	145
Stockholders’ equity	219,708	212,337
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 219,859	$ 212,482

Parent Company - Condensed Stat

Parent Company - Condensed Statement of Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
INCOME
Interest income	$ 61,554	$ 59,771
EXPENSES
Professional fees	4,760	3,512
Other	2,911	3,029
Total noninterest expense	45,690	43,277
Income tax benefit	4,494	4,934
NET INCOME	18,576	20,070
COMPREHENSIVE INCOME	11,977	16,494
Parent Company [Member]
INCOME
Interest income	718	334
Unrealized gain on equity securities	4	(4)
Dividends	6,000	10,000
Total income	6,722	10,330
EXPENSES
Professional fees	657	537
Other	30	30
Total noninterest expense	687	567
Income before income tax benefit	6,035	9,763
Income tax benefit	7	(52)
Income before equity in undistributed net earnings of subsidiary	6,028	9,815
Equity in undistributed net earnings of subsidiary	12,548	10,255
NET INCOME	18,576	20,070
COMPREHENSIVE INCOME	$ 11,977	$ 16,494

Parent Company - Condensed St_2

Parent Company - Condensed Statement of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
OPERATING ACTIVITIES
Net income	$ 18,576	$ 20,070
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for depreciation and amortization	1,110	1,073
Decrease (increase) in accrued interest receivable	(3,282)	(1,154)
Other, net	(1,470)	1,729
Net cash provided by operating activities	20,860	22,707
FINANCING ACTIVITIES
Purchase of treasury stock shares		(1,884)
Dividends on common stock	(5,859)	(5,273)
Net cash provided by (used for) financing activities	413,725	(25,587)
Increase (decrease) in cash and cash equivalents	57,465	(131,009)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	27,937	158,946
CASH AND CASH EQUIVALENTS AT END OF YEAR	85,402	27,937
Parent Company [Member]
OPERATING ACTIVITIES
Net income	18,576	20,070
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed net earnings of subsidiary	(12,548)	(10,255)
Provision for depreciation and amortization	10	10
Increase in accrued income taxes	(1,443)	52
Decrease (increase) in accrued interest receivable	(248)	8
Other, net	721	424
Net cash provided by operating activities	5,068	10,309
FINANCING ACTIVITIES
Purchase of treasury stock shares		(1,884)
Dividends on common stock	(5,859)	(5,273)
Net cash provided by (used for) financing activities	(5,859)	(7,157)
Increase (decrease) in cash and cash equivalents	(791)	3,152
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	6,355	3,203
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 5,564	$ 6,355