First Savings Financial (FSFG) 10-Q10 May 222022 Q2 Quarterly reportFinancial data

Company Profile

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Mar. 31, 2022	May 03, 2022
Document And Entity Information
Document Type	10-Q
Document Period End Date	Mar. 31, 2022
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	First Savings Financial Group, Inc.
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity File Number	1-34155
Entity Incorporation, State or Country Code	IN
Entity Tax Identification Number	37-1567871
Entity Address, Address Line One	702 North Shore Drive
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Jeffersonville
Entity Address, State or Province	IN
Entity Address, Postal Zip Code	47130
City Area Code	812
Local Phone Number	283-0724
Security Exchange Name	NASDAQ
Title of 12(b) Security	Common stock, $0.01 par value per share
Trading Symbol	FSFG
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		7,169,826
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001435508
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
ASSETS
Cash and due from banks	$ 13,365	$ 14,191
Interest-bearing deposits with banks	17,740	19,237
Total cash and cash equivalents	31,105	33,428
Interest-bearing time deposits	1,770	2,222
Securities available for sale, at fair value	282,990	206,681
Securities held to maturity	1,684	1,837
Loans held for sale, residential mortgage, at fair value	98,640	167,813
Loans held for sale, single tenant net lease	38,225	23,020
Loans held for sale, Small Business Administration	15,787	24,107
Loans, net of allowance for loan losses of $14,475 at March 31, 2022 and $14,301 at September 30, 2021	1,126,818	1,075,936
Federal Reserve Bank and Federal Home Loan Bank stock, at cost	18,667	19,258
Premises and equipment	26,816	27,669
Other real estate owned, held for sale	1,728	1,728
Accrued interest receivable:
Loans	4,188	4,398
Securities	2,085	1,845
Cash surrender value of life insurance	44,658	44,152
Goodwill	9,848	9,848
Core deposit intangibles	882	988
Residential mortgage loan servicing rights, at fair value	63,660	49,579
Nonresidential mortgage loan servicing rights	160
SBA loan servicing rights	4,447	4,447
Other assets	27,786	22,438
Total Assets	1,801,944	1,721,394
Deposits:
Noninterest-bearing	311,738	291,039
Interest-bearing	909,451	936,541
Total deposits	1,221,189	1,227,580
Federal Home Loan Bank borrowings	296,592	250,000
Other borrowings	50,184	19,865
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Accrued expenses and other liabilities	52,352	41,238
Total Liabilities	1,621,991	1,541,017
STOCKHOLDERS' EQUITY
Preferred stock of $.01 par value per share; authorized 1,000,000 shares; none issued
Common stock of $.01 par value per share; authorized 20,000,000 shares; issued 7,754,316 shares (7,708,566 at September 30, 2021); outstanding 7,169,826 shares (7,125,888 shares at September 30, 2021)	78	78
Additional paid-in capital	27,076	25,721
Retained earnings - substantially restricted	159,732	150,185
Accumulated other comprehensive income (loss)	(1,336)	8,900
Unearned stock compensation	(1,180)	(138)
Less treasury stock, at cost - 584,490 shares (582,678 shares at September 30, 2021)	(4,417)	(4,369)
Total Stockholders' Equity	179,953	180,377
Total Liabilities and Stockholders' Equity	$ 1,801,944	$ 1,721,394

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
CONSOLIDATED BALANCE SHEETS
Loans, net of allowance for loan losses	$ 14,475	$ 14,301
Preferred stock, par value	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, Authorized	20,000,000	20,000,000
Common stock, issued	7,754,316	7,708,566
Common Stock, Outstanding	7,169,826	7,125,888
Treasury stock, shares	584,490	582,678

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
INTEREST INCOME
Loans, including fees	$ 13,981	$ 15,047	$ 27,983	$ 29,285
Securities:
Taxable	420	432	825	903
Tax-exempt	1,241	1,176	2,433	2,367
Dividend income	146	167	295	275
Interest-bearing deposits with banks	13	18	27	36
Total interest income	15,801	16,840	31,563	32,866
INTEREST EXPENSE
Deposits	738	771	1,549	1,707
Federal Home Loan Bank borrowings	681	833	1,411	1,694
Federal Reserve PPPLF borrowings		137		290
Other borrowings	369	319	687	656
Total interest expense	1,788	2,060	3,647	4,347
Net interest income	14,013	14,780	27,916	28,519
Provision (credit) for loan losses	(30)	287	496	955
Net interest income after provision (credit) for loan losses	14,043	14,493	27,420	27,564
NONINTEREST INCOME
Service charges on deposit accounts	433	328	867	724
ATM and interchange fees	594	513	1,273	1,145
Net unrealized gain (loss) on equity securities	(16)	27		38
Net gain on sales of loans, Small Business Administration	1,327	3,239	2,963	4,506
Net gain on sales of loans, single tenant net lease	557		719
Mortgage banking income	16,254	31,469	28,998	74,698
Increase in cash surrender value of life insurance	251	174	505	360
Commission income	157	365	345	499
Real estate lease income	148	149	296	296
Net gain on premises and equipment		71		71
Income from tax credit investment			10
Other income	367	2,638	687	2,819
Total noninterest income	20,072	38,973	36,663	85,156
NONINTEREST EXPENSE
Compensation and benefits	17,476	29,481	34,767	63,343
Occupancy and equipment	2,079	2,514	4,192	5,099
Data processing	645	549	1,278	1,338
Advertising	1,002	2,052	1,794	4,363
Professional fees	1,374	1,595	2,563	2,869
FDIC insurance premiums	110	94	225	234
Net loss on other real estate owned		1		4
Other operating expenses	2,775	2,998	5,494	6,436
Total noninterest expense	25,461	39,284	50,313	83,686
Income before income taxes	8,654	14,182	13,770	29,034
Income tax expense	1,619	3,695	2,430	8,222
Net Income	7,035	10,487	11,340	20,812
Less: net income attributable to noncontrolling interests				402
Net Income Attributable to First Savings Financial Group, Inc.	$ 7,035	$ 10,487	$ 11,340	$ 20,410
Net income per share:
Basic	$ 0.99	$ 1.48	$ 1.60	$ 2.87
Diluted	$ 0.98	$ 1.46	$ 1.58	$ 2.85
Weighted average shares outstanding:
Basic	7,076,355	7,108,926	7,086,739	7,105,014
Diluted	7,156,229	7,164,189	7,173,710	7,159,125
Dividends per share	$ 0.13	$ 0.06	$ 0.25	$ 0.12

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
Net Income	$ 7,035	$ 10,487	$ 11,340	$ 20,812
Unrealized losses on securities available for sale:
Unrealized holding losses arising during the period	(13,361)	(3,427)	(12,957)	(2,565)
Income tax benefit	2,806	720	2,721	538
Net of tax amount	(10,555)	(2,707)	(10,236)	(2,027)
Other Comprehensive Loss	(10,555)	(2,707)	(10,236)	(2,027)
Comprehensive Income (Loss)	(3,520)	7,780	1,104	18,785
Less: comprehensive income attributable to noncontrolling interests			0	402
Comprehensive Income (Loss) Attributable to First Savings Financial Group, Inc.	$ (3,520)	$ 7,780	$ 1,104	$ 18,383

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unearned Stock Compensation	Treasury Stock	Noncontrolling Interests in Subsidiary	Total
Balances at Sep. 30, 2020	$ 26	$ 27,480	$ 123,158	$ 11,209	$ (348)	$ (4,253)	$ 293	$ 157,565
Net Income			20,410				402	20,812
Acquisition of minority interests in Q2		(1,888)					$ (695)	(2,583)
Other comprehensive loss				(2,027)				(2,027)
Common stock dividends			(830)					(830)
Restricted stock forfeitures		(8)			8
Stock compensation expense		46			95			141
Stock option exercises		52						52
Purchase of treasury shares						(90)		(90)
Balances at Mar. 31, 2021	26	25,682	142,738	9,182	(245)	(4,343)		173,040
Balances at Dec. 31, 2020	26	25,737	132,680	11,889	(292)	(4,295)		165,745
Net Income			10,487					10,487
Acquisition of minority interests in Q2		(131)						(131)
Other comprehensive loss				(2,707)				(2,707)
Common stock dividends			(429)					(429)
Stock compensation expense		24			47			71
Stock option exercises		52						52
Purchase of treasury shares						(48)		(48)
Balances at Mar. 31, 2021	26	25,682	142,738	9,182	(245)	(4,343)		173,040
Balances at Sep. 30, 2021	78	25,721	150,185	8,900	(138)	(4,369)		180,377
Net Income			11,340					11,340
Other comprehensive loss				(10,236)				(10,236)
Common stock dividends			(1,793)					(1,793)
Restricted stock grants		1,222			(1,222)
Stock compensation expense		133			180			313
Purchase of treasury shares						(48)		(48)
Balances at Mar. 31, 2022	78	27,076	159,732	(1,336)	(1,180)	(4,417)		179,953
Balances at Dec. 31, 2021	78	26,995	153,630	9,219	(1,285)	(4,417)		184,220
Net Income			7,035					7,035
Other comprehensive loss				(10,555)				(10,555)
Common stock dividends			(933)					(933)
Stock compensation expense		81			105			186
Balances at Mar. 31, 2022	$ 78	$ 27,076	$ 159,732	$ (1,336)	$ (1,180)	$ (4,417)		$ 179,953

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
Dividends per share	$ 0.13	$ 0.06	$ 0.25	$ 0.12
Restricted stock grants - shares			45,750
Restricted stock forfeitures - shares	600
Stock option exercises, shares		300		3,900
Purchase of treasury shares, shares		2,235	1,812	4,191

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 11,340	$ 20,812
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	496	955
Depreciation and amortization	1,236	1,132
Amortization of premiums and accretion of discounts on securities, net	470	360
Amortization and accretion of fair value adjustments on loans, net	(791)	(730)
Loans originated for sale	(1,079,928)	(2,812,924)
Proceeds on sales of loans	1,139,507	2,931,516
Net realized and unrealized (gain) loss on loans held for sale	2,955	(39,282)
Capitalization of loan servicing rights	(8,670)	(28,555)
Net change in value of loan servicing rights	(5,571)	4,639
Net realized and unrealized gain on other real estate owned		(6)
Increase in cash surrender value of life insurance	(505)	(360)
Net gain on equity securities		(38)
Net gain on sale of premises and equipment		(71)
Income from tax credit investment	(10)
Deferred income taxes	3,497	5,499
Stock compensation expense	313	141
Increase in accrued interest receivable	(30)	(415)
Increase in accrued interest payable	24	183
Change in other assets and liabilities, net	5,946	(10,242)
Net Cash Provided by Operating Activities	70,279	72,614
CASH FLOWS FROM INVESTING ACTIVITIES
Investment in interest-bearing time deposits		(252)
Proceeds from sales and maturities of interest-bearing time deposits	445	735
Purchase of securities available for sale	(100,138)	(17,766)
Proceeds from maturities of securities available for sale	7,505	9,368
Proceeds from maturities of securities held to maturity	142	135
Principal collected on securities	2,915	2,073
Net increase in loans	(51,262)	(40,041)
Proceeds from redemption of Federal Reserve Bank and Federal Home Loan Bank stock	592	53
Purchase of Federal Home Loan Bank stock		(2,018)
Investment in cash surrender value of life insurance		(42)
Proceeds from life insurance	575
Proceeds from sale of other real estate owned		61
Purchase of premises and equipment	(215)	(2,507)
Proceeds from sales of premises and equipment		404
Investment in partnership interests	(240)
Acquisition of minority interests in Q2		(3,172)
Net Cash Used In Investing Activities	(139,681)	(52,969)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase (decrease) in deposits	(6,391)	47,420
Net increase (decrease) in Federal Home Loan Bank line of credit	6,592	(11,620)
Proceeds from Federal Home Loan Bank advances	160,000	340,000
Repayment of Federal Home Loan Bank advances	(120,000)	(350,000)
Net proceeds from subordinated debt	30,258
Net decrease in Federal Reserve PPPLF borrowings		(46,340)
Net decrease in advance payments by borrowers for taxes and insurance	(684)	(1,127)
Proceeds from exercise of stock options		4
Taxes paid on stock award shares for employees	(48)	(41)
Dividends paid on common stock	(2,648)	(830)
Net Cash Provided By (Used In) Financing Activities	67,079	(22,534)
Net Decrease in Cash and Cash Equivalents	(2,323)	(2,889)
Cash and cash equivalents at beginning of period	33,428	33,726
Cash and Cash Equivalents at End of Period	$ 31,105	$ 30,837

Presentation of Interim Informa

Presentation of Interim Information	6 Months Ended
Presentation of Interim Information	Mar. 31, 2022
Presentation of Interim Information
Presentation of Interim Information	1. Presentation of Interim Information First Savings Financial Group, Inc. (the “Company”) is a financial holding company and the parent of First Savings Bank (the “Bank”) and First Savings Insurance Risk Management, Inc. (the “Captive”). The Bank, which is a wholly-owned Indiana-chartered commercial bank subsidiary of the Company, provides a variety of banking services to individuals and business customers through 16 locations in southern Indiana. The Bank attracts deposits primarily from the general public and uses those funds, along with other borrowings, primarily to originate commercial mortgage, residential mortgage, construction, commercial business and consumer loans, and to a lesser extent, to invest in mortgage-backed securities, municipal bonds and other investment securities. The Bank has two wholly-owned subsidiaries: First Savings Investments, Inc., a Nevada corporation that manages a securities portfolio, and Southern Indiana Financial Corporation, which is currently inactive. The Captive, which is a wholly-owned insurance subsidiary of the Company, is a Nevada corporation that provides property and casualty insurance to the Company, the Bank and the Bank’s active subsidiaries. In addition, the Captive provides reinsurance to 11 other third-party insurance captives for which insurance may not be currently available or economically feasible in the insurance marketplace. On April 25, 2017, the Bank formed Q2 Business Capital, LLC (“Q2”), which is an Indiana limited liability company that specializes in the origination and servicing of U.S. Small Business Administration (“SBA”) loans. The Bank originally owned 51% of Q2’s membership interests. On December 31, 2020, the Bank completed the acquisition of the minority interests in Q2, and Q2 became a wholly-owned subsidiary of the Bank. As part of the acquisition of the minority interests, the Bank paid total consideration of $3.1 million. The acquisition was accounted for as an equity transaction, and resulted in the reclassification of the noncontrolling interests of $695,000, the recognition of net deferred tax assets of $590,000 and a reduction of additional paid-in capital of $1.9 million. In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments considered necessary to present fairly the financial position as of March 31, 2022, the results of operations for the three- and six-month periods ended March 31, 2022 and 2021, and the cash flows for the six-month periods ended March 31, 2022 and 2021. All of these adjustments are of a normal, recurring nature. Such adjustments are the only adjustments included in the unaudited consolidated financial statements. Interim results are not necessarily indicative of results for a full year. The unaudited consolidated financial statements and notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements, conform to general practices within the banking industry and are presented as permitted by the instructions to Form 10-Q. Accordingly, they do not contain certain information included in the Company’s audited consolidated financial statements and related notes for the year ended September 30, 2021 included in the Company’s Annual Report on Form 10-K. The unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany balances and transactions have been eliminated in consolidation. Certain prior period amounts have been reclassified to conform with the current period presentation. The reclassifications had no effect on net income or stockholders’ equity.

Investment Securities

Investment Securities	6 Months Ended
Investment Securities	Mar. 31, 2022
Investment Securities
Investment Securities	2. Investment Securities U.S. agency bonds and notes, agency mortgage-backed securities and agency collateralized mortgage obligations (“CMO”) include treasury notes issued by the U.S. government; securities issued by the Government National Mortgage Association (“GNMA”), a U.S. government agency; and securities issued by the Federal National Mortgage Association (“FNMA”), the Federal Home Loan Mortgage Corporation (“FHLMC”) and the Federal Home Loan Bank (“FHLB”), which are U.S. government sponsored enterprises. The Company holds municipal bonds issued by municipal governments within the U.S. The Company also holds pass-through asset-backed securities guaranteed by the SBA representing participating interests in pools of long term debentures issued by state and local development companies certified by the SBA. Privately issued CMO and asset-backed securities (“ABS”) are complex securities issued by non-government special purpose entities that are collateralized by residential mortgage loans and residential home equity loans. Investment securities have been classified according to management’s intent. Securities Available for Sale and Held to Maturity The amortized cost of securities available for sale and held to maturity and their approximate fair values are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gain Losses Value (In thousands) March 31, 2022: Securities available for sale: U.S. Treasury bills and notes $ 30,740 $ 165 $ 168 $ 30,737 Agency mortgage-backed 27,854 186 416 27,624 Agency CMO 12,272 5 308 11,969 Privately-issued CMO 677 17 8 686 Privately-issued ABS 639 31 4 666 SBA certificates 1,988 3 17 1,974 Municipal bonds 210,511 3,699 4,876 209,334 Total securities available for sale $ 284,681 $ 4,106 $ 5,797 $ 282,990 Securities held to maturity: Agency mortgage-backed $ 53 $ 2 $ — $ 55 Municipal bonds 1,631 93 — 1,724 Total securities held to maturity $ 1,684 $ 95 $ — $ 1,779 Gross Gross Amortized Unrealized Unrealized Fair Cost Gain Losses Value (In thousands) September 30, 2021: Securities available for sale: U.S. Treasury bills $ 250 $ — $ — $ 250 Agency mortgage-backed 8,143 293 52 8,384 Agency CMO 13,315 235 20 13,530 Privately-issued CMO 729 81 7 803 Privately-issued ABS 721 51 — 772 SBA certificates 2,157 2 21 2,138 Municipal bonds 170,102 11,055 353 180,804 Total securities available for sale $ 195,417 $ 11,717 $ 453 $ 206,681 Securities held to maturity: Agency mortgage-backed $ 64 $ 5 $ — $ 69 Municipal bonds 1,773 212 — 1,985 Total securities held to maturity $ 1,837 $ 217 $ — $ 2,054 The amortized cost and fair value of investment securities as of March 31, 2022 by contractual maturity are shown below. CMO, ABS, SBA certificates, and mortgage-backed securities which do not have a single maturity date are shown separately. Available for Sale Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (In thousands) Due within one year $ 7,961 $ 8,024 $ 242 $ 254 Due after one year through five years 27,237 27,648 852 896 Due after five years through ten years 64,795 65,386 537 574 Due after ten years 141,258 139,013 — — CMO 12,949 12,655 — — ABS 639 666 — — SBA certificates 1,988 1,974 — — Mortgage-backed securities 27,854 27,624 53 55 $ 284,681 $ 282,990 $ 1,684 $ 1,779 Information pertaining to investment securities with gross unrealized losses at March 31, 2022 and September 30, 2021, aggregated by investment category and the length of time that individual securities have been in a continuous loss position, follows: Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) March 31, 2022: Securities available for sale: Continuous loss position less than twelve months: U.S. Treasury bills and notes 7 $ 11,527 $ 168 Agency mortgage-backed 5 11,934 139 Agency CMO 10 9,492 194 Municipal bonds 82 60,777 4,703 Total less than twelve months 104 93,730 5,204 Continuous loss position more than twelve months: Agency mortgage-backed 1 2,667 277 Agency CMO 2 1,343 114 Privately-issued CMO 1 22 8 Privately-issued ABS 1 330 4 SBA certificates 2 1,936 17 Municipal bonds 1 1,827 173 Total more than twelve months 8 8,125 593 Total securities available for sale 112 $ 101,855 $ 5,797 September 30, 2021: Securities available for sale: Continuous loss position less than twelve months: Agency mortgage-backed securities 1 $ 3,056 $ 52 Agency CMO 2 1,466 20 SBA certificates 1 2,013 20 Municipal bonds 18 13,904 254 Total less than twelve months 22 20,439 346 Continuous loss position more than twelve months: Privately-issued CMO 1 23 7 SBA certificates 1 88 1 Municipal bonds 1 1,902 99 Total more than twelve months 3 2,013 107 Total securities available for sale 25 $ 22,452 $ 453 At March 31, 2022 and September 30, 2021, the Company did not have any securities held to maturity with an unrealized loss. Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to (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 intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. The total available for sale debt securities in loss positions at March 31, 2022, which consisted of U.S. Treasury bills and notes, agency mortgage-backed securities, agency CMOs, privately-issued CMOs, privately-issued ABS, municipal bonds and SBA certificates, had a fair value as a percentage of amortized cost of 94.61%. The municipal securities are issued by municipal governments, and are generally secured by municipal project revenues or general obligations of the municipality. The Company evaluates the existence of a potential credit loss component related to the decline in fair value of the privately issued CMO and ABS portfolios each quarter using an independent third party analysis. At March 31, 2022, the Company held nine privately-issued CMO and ABS securities, acquired in a 2009 bank merger, with an aggregate amortized cost of $450,000 and fair value of $449,000 that have been downgraded to a substandard regulatory classification due to the security’s credit quality rating by various rating agencies. At March 31, 2022, one privately-issued CMO security and one privately-issued ABS were in a loss position, and had depreciated approximately 3.08% from the Company’s carrying value and were collateralized by residential mortgage loans. These securities had a total fair value of $352,000 and a total unrealized loss of $12,000 at March 31, 2022. Based on the independent third party analysis of the expected cash flows, management determined that no other-than-temporary impairment was required to be recognized on the privately issued CMO and ABS portfolios at March 31, 2022. While the Company does not anticipate additional credit-related impairment losses at March 31, 2022, additional deterioration in market and economic conditions may have an adverse impact on the credit quality of the portfolio, and therefore, require a credit related impairment charge in the future. The unrealized losses on U.S. Treasury bills and notes, agency mortgage-backed securities, agency CMOs, SBA certificates and municipal bonds relate principally to current interest rates for similar types of securities. In analyzing an issuer’s financial condition, management considers whether the securities are issued by the federal government, its agencies, or other governments, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuer’s financial condition. As management has the ability to hold debt securities to maturity, or for the foreseeable future if classified as available for sale, no declines are deemed to be other-than-temporary. During the three and six-month periods ended March 31, 2022 and 2021, the Company did not realize any gross gains or losses on sales of available for sale securities. Certain available for sale debt securities were pledged to secure FHLB borrowings at March 31, 2022 and September 30, 2021, and may be pledged to secure federal funds borrowings.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
Loans and Allowance for Loan Losses	Mar. 31, 2022
Loans and Allowance for Loan Losses
Loans and Allowance for Loan Losses	3. Loans and Allowance for Loan Losses Loans at March 31, 2022 and September 30, 2021 consisted of the following: March 31, September 30, 2022 2021 (In thousands) Real estate mortgage: 1-4 family residential $ 288,118 $ 241,425 Commercial 153,814 149,600 Single tenant net lease 436,530 403,692 SBA 61,826 62,805 Multifamily residential 35,339 40,324 Residential construction 11,359 8,330 Commercial construction 3,369 2,717 Land and land development 12,144 10,217 Commercial business 71,108 59,883 SBA commercial business (1) 35,276 80,400 Consumer 31,566 30,563 Total loans 1,140,449 1,089,956 Deferred loan origination fees and costs, net (2) 844 281 Allowance for loan losses (14,475) (14,301) Loans, net $ 1,126,818 $ 1,075,936 (1) Includes $13.4 million and $56.7 million of loans originated under the SBA’s Paycheck Protection Program (“PPP”) at March 31, 2022 and September 30, 2021, respectively. (2) Includes $158,000 and $757,000 of net deferred loan fees related to PPP loans as of March 31, 2022 and September 30, 2021, respectively. During the six-month period ended March 31, 2022, there were no significant changes in the Company’s lending activities or the methodology used to estimate the allowance for loan losses as disclosed in the Company’s Annual Report on Form 10-K for the year ended September 30, 2021. At March 31, 2022 and September 30, 2021, the Company did not own any residential real estate properties where physical possession has been obtained. At March 31, 2022 and September 30, 2021, the recorded investment in consumer mortgage loans collateralized by residential real estate properties in the process of foreclosure was $67,000 and $124,000, respectively. The following table provides the components of the recorded investment in loans as of March 31, 2022: Principal Accrued Net Deferred Recorded Loan Interest Loan Origination Investment Recorded Investment in Loans: Balance Receivable Fees and Costs in Loans (In thousands) Residential real estate $ 288,118 $ 972 $ 51 $ 289,141 Commercial real estate 153,814 438 (245) 154,007 Single tenant net lease 436,530 1,523 (65) 437,988 SBA commercial real estate 61,826 429 1,069 63,324 Multifamily 35,339 65 (41) 35,363 Residential construction 11,359 21 (51) 11,329 Commercial construction 3,369 9 (30) 3,348 Land and land development 12,144 26 (16) 12,154 Commercial business 71,108 227 49 71,384 SBA commercial business 35,276 345 140 35,761 Consumer 31,566 133 (17) 31,682 $ 1,140,449 $ 4,188 $ 844 $ 1,145,481 Individually Collectively Recorded Evaluated for Evaluated for Investment in Recorded Investment in Loans as Evaluated for Impairment: Impairment Impairment Loans (In thousands) Residential real estate $ 2,553 $ 286,588 $ 289,141 Commercial real estate 966 153,041 154,007 Single tenant net lease — 437,988 437,988 SBA commercial real estate 6,855 56,469 63,324 Multifamily 372 34,991 35,363 Residential construction — 11,329 11,329 Commercial construction — 3,348 3,348 Land and land development — 12,154 12,154 Commercial business 1,142 70,242 71,384 SBA commercial business 924 34,837 35,761 Consumer 261 31,421 31,682 $ 13,073 $ 1,132,408 $ 1,145,481 The following table provides the components of the recorded investment in loans as of September 30, 2021: Net Deferred Accrued Loan Recorded Principal Loan Interest Origination Investment Recorded Investment in Loans: Balance Receivable Fees and Costs in Loans (In thousands) Residential real estate $ 241,425 $ 821 $ 24 $ 242,270 Commercial real estate 149,600 563 (208) 149,955 Single tenant net lease 403,692 1,369 (123) 404,938 SBA commercial real estate 62,805 475 1,106 64,386 Multifamily 40,324 76 (47) 40,353 Residential construction 8,330 14 (49) 8,295 Commercial construction 2,717 6 (28) 2,695 Land and land development 10,217 18 (6) 10,229 Commercial business 59,883 171 49 60,103 SBA commercial business 80,400 791 (420) 80,771 Consumer 30,563 94 (17) 30,640 $ 1,089,956 $ 4,398 $ 281 $ 1,094,635 Individually Collectively Recorded Evaluated for Evaluated for Investment in Recorded Investment in Loans as Evaluated for Impairment: Impairment Impairment Loans (In thousands) Residential real estate $ 3,067 $ 239,203 $ 242,270 Commercial real estate 1,021 148,934 149,955 Single tenant net lease — 404,938 404,938 SBA commercial real estate 9,153 55,233 64,386 Multifamily 482 39,871 40,353 Residential construction — 8,295 8,295 Commercial construction — 2,695 2,695 Land and land development — 10,229 10,229 Commercial business 1,476 58,627 60,103 SBA commercial business 1,296 79,475 80,771 Consumer 248 30,392 30,640 $ 16,743 $ 1,077,892 $ 1,094,635 The following table presents the balance in the allowance for loan losses by portfolio segment and based on impairment method as of March 31, 2022 and September 30, 2021: Individually Collectively Evaluated for Evaluated for Ending Impairment Impairment Balance (In thousands) March 31, 2022: Residential real estate $ 33 $ 1,312 $ 1,345 Commercial real estate — 2,451 2,451 Single tenant net lease — 2,619 2,619 SBA commercial real estate 201 3,432 3,633 Multifamily — 353 353 Residential construction — 233 233 Commercial construction — 67 67 Land and land development — 243 243 Commercial business — 1,303 1,303 SBA commercial business 441 1,334 1,775 Consumer — 453 453 $ 675 $ 13,800 $ 14,475 September 30, 2021: Residential real estate $ — $ 1,438 $ 1,438 Commercial real estate — 2,806 2,806 Single tenant net lease — 2,422 2,422 SBA commercial real estate 114 3,361 3,475 Multifamily — 518 518 Residential construction — 191 191 Commercial construction — 63 63 Land and land development — 235 235 Commercial business — 1,284 1,284 SBA commercial business 18 1,328 1,346 Consumer 1 522 523 $ 133 $ 14,168 $ 14,301 The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2022 and 2021: Beginning Balance Provisions (Credits) Charge-Offs Recoveries Ending Balance (In thousands) March 31, 2022: Residential real estate $ 1,336 $ 6 $ — $ 3 $ 1,345 Commercial real estate 2,511 (60) — — 2,451 Single tenant net lease 2,767 (148) — — 2,619 SBA commercial real estate 3,722 (70) (19) — 3,633 Multifamily 441 (88) — — 353 Residential construction 209 24 — — 233 Commercial construction 80 (13) — — 67 Land and land development 221 22 — — 243 Commercial business 1,240 4 — 59 1,303 SBA commercial business 1,769 281 (284) 9 1,775 Consumer 484 12 (52) 9 453 $ 14,780 $ (30) $ (355) $ 80 $ 14,475 March 31, 2021: Residential real estate $ 1,176 $ 442 $ — $ 4 $ 1,622 Commercial real estate 3,007 53 — — 3,060 Single tenant net lease 3,233 116 — — 3,349 SBA commercial real estate 3,624 178 — — 3,802 Multifamily 713 97 — — 810 Residential construction 149 (13) — — 136 Commercial construction 212 27 — — 239 Land and land development 300 (17) — — 283 Commercial business 1,487 45 — 4 1,536 SBA commercial business 1,536 3 — 10 1,549 Consumer 1,687 (644) (22) 12 1,033 $ 17,124 $ 287 $ (22) $ 30 $ 17,419 The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended March 31, 2022 and 2021: Beginning Provisions Ending Balance (Credits) Charge-Offs Recoveries Balance (In thousands) March 31, 2022: Residential real estate $ 1,438 $ (76) $ (23) $ 6 $ 1,345 Commercial real estate 2,806 (355) — — 2,451 Single tenant net lease 2,422 197 — — 2,619 SBA commercial real estate 3,475 197 (39) — 3,633 Multifamily 518 (165) — — 353 Residential construction 191 42 — — 233 Commercial construction 63 4 — — 67 Land and land development 235 8 — — 243 Commercial business 1,284 (40) — 59 1,303 SBA commercial business 1,346 682 (284) 31 1,775 Consumer 523 2 (90) 18 453 $ 14,301 $ 496 $ (436) $ 114 $ 14,475 March 31, 2021: Residential real estate $ 1,255 $ 363 $ (5) $ 9 $ 1,622 Commercial real estate 3,058 2 — — 3,060 Single tenant net lease 3,017 332 — — 3,349 SBA commercial real estate 4,154 163 (522) 7 3,802 Multifamily 772 38 — — 810 Residential construction 243 (107) — — 136 Commercial construction 181 58 — — 239 Land and land development 243 40 — — 283 Commercial business 1,449 82 — 5 1,536 SBA commercial business 1,539 (10) — 20 1,549 Consumer 1,115 (6) (97) 21 1,033 $ 17,026 $ 955 $ (624) $ 62 $ 17,419 The following table presents impaired loans individually evaluated for impairment as of March 31, 2022 and for the three and six-months ended March 31, 2022 and 2021. The Company did not recognize any interest income on impaired loans using the cash receipts method during the three and six-month periods ended March 31, 2022 and 2021. At March 31, 2022 Three Months Ended March 31, Six Months Ended March 31, 2022 2022 2021 2021 2022 2022 2021 2021 Unpaid Average Interest Average Interest Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized Investment Recognized Investment Recognized (In thousands) Loans with no related allowance recorded: Residential real estate $ 2,297 $ 2,723 $ — $ 3,467 $ 29 $ 4,503 $ 11 $ 3,412 $ 29 $ 4,899 $ 38 Commercial real estate 966 1,035 — 1,051 14 1,161 9 1,065 14 1,169 15 Single tenant net lease — — — — — — — — — — — SBA commercial real estate 6,445 7,434 — 7,244 — 2,755 — 7,798 — 2,229 — Multifamily 372 415 — 419 2 693 — 423 2 696 — Residential construction — — — — — — — — — — — Commercial construction — — — — — — — — — — — Land and land development — — — — — 1 — — — 1 — Commercial business 1,142 1,243 — 1,353 8 1,712 1 1,422 8 1,700 1 SBA commercial business 339 835 — 476 — 416 — 484 — 416 — Consumer 122 115 — 100 1 97 — 97 1 86 1 $ 11,683 $ 13,800 $ — $ 14,110 $ 54 $ 11,338 $ 21 $ 14,701 $ 54 $ 11,196 $ 55 Loans with an allowance recorded: Residential real estate $ 255 $ 255 $ 33 $ 380 $ — $ 88 $ — $ 254 $ — $ 117 $ — Commercial real estate — — — — — — — — — — — Single tenant net lease — — — — — — — — — — — SBA commercial real estate 410 512 201 797 — 3,548 — 854 — 4,394 — Multifamily — — — — — — — — — — — Residential construction — — — — — — — — — — — Commercial construction — — — — — — — — — — — Land and land development — — — — — — — — — — — Commercial business — — — — — 2 — — — 2 — SBA commercial business 586 536 441 477 — 410 — 325 — 406 — Consumer 139 139 — 139 — 220 — 138 — 193 — $ 1,390 $ 1,442 $ 675 $ 1,793 $ — $ 4,268 $ — $ 1,571 $ — $ 5,112 $ — Total: Residential real estate $ 2,552 $ 2,978 $ 33 $ 3,847 $ 29 $ 4,591 $ 11 $ 3,666 $ 29 $ 5,016 $ 38 Commercial real estate 966 1,035 — 1,051 14 1,161 9 1,065 14 1,169 15 Single tenant net lease — — — — — — — — — — — SBA commercial real estate 6,855 7,946 201 8,041 — 6,303 — 8,652 — 6,623 — Multifamily 372 415 — 419 2 693 — 423 2 696 — Residential construction — — — — — — — — — — — Commercial construction — — — — — — — — — — — Land and land development — — — — — 1 — — — 1 — Commercial business 1,142 1,243 — 1,353 8 1,714 1 1,422 8 1,702 1 SBA commercial business 925 1,371 441 953 — 826 — 809 — 822 — Consumer 261 254 — 239 1 317 — 235 1 279 1 $ 13,073 $ 15,242 $ 675 $ 15,903 $ 54 $ 15,606 $ 21 $ 16,272 $ 54 $ 16,308 $ 55 The following table presents impaired loans individually evaluated for impairment as of September 30, 2021. Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) Loans with no related allowance recorded: Residential real estate $ 3,002 $ 3,551 $ — Commercial real estate 1,021 1,092 — Single tenant net lease — — — SBA commercial real estate 8,184 8,873 — Multifamily 482 539 — Residential construction — — — Commercial construction — — — Land and land development — — — Commercial business 1,476 1,559 — SBA commercial business 1,278 1,534 — Consumer 103 97 — $ 15,546 $ 17,245 $ — Loans with an allowance recorded: Residential real estate $ 65 $ 65 $ — Commercial real estate — — — Single tenant net lease — — — SBA commercial real estate 969 1,394 114 Multifamily — — — Residential construction — — — Commercial construction — — — Land and land development — — — Commercial business — — — SBA commercial business 18 21 18 Consumer 145 144 1 $ 1,197 $ 1,624 $ 133 Total: Residential real estate $ 3,067 $ 3,616 $ — Commercial real estate 1,021 1,092 — Single tenant net lease — — — SBA commercial real estate 9,153 10,267 114 Multifamily 482 539 — Residential construction — — — Commercial construction — — — Land and land development — — — Commercial business 1,476 1,559 — SBA commercial business 1,296 1,555 18 Consumer 248 241 1 $ 16,743 $ 18,869 $ 133 Nonperforming loans consist of nonaccrual loans and loans over 90 days past due and still accruing interest. The following table presents the recorded investment in nonperforming loans at March 31, 2022 and September 30, 2021: At March 31, 2022 At September 30, 2021 Loans 90+ Loans 90+ Days Total Days Total Nonaccrual Past Due Nonperforming Nonaccrual Past Due Nonperforming Loans Still Accruing Loans Loans Still Accruing Loans (In thousands) Residential real estate $ 1,488 $ — $ 1,488 $ 1,894 $ — $ 1,894 Commercial real estate 559 — 559 599 — 599 Single tenant net lease — — — — — — SBA commercial real estate 6,855 — 6,855 9,153 472 9,625 Multifamily — — — 482 — 482 Residential construction — — — — — — Commercial construction — — — — — — Land and land development — — — — — — Commercial business 2 — 2 1,370 — 1,370 SBA commercial business 925 — 925 1,296 — 1,296 Consumer 227 — 227 206 — 206 Total $ 10,056 $ — $ 10,056 $ 15,000 $ 472 $ 15,472 The following table presents the aging of the recorded investment in past due loans at March 31, 2022: 30-59 Days 60-89 Days 90+ Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) Residential real estate $ 715 $ — $ 473 $ 1,188 $ 287,953 $ 289,141 Commercial real estate — 2 560 562 153,445 154,007 Single tenant net lease — — — — 437,988 437,988 SBA commercial real estate — — 2,928 2,928 60,396 63,324 Multifamily — — — — 35,363 35,363 Residential construction — — — — 11,329 11,329 Commercial construction — — — — 3,348 3,348 Land and land development — — — — 12,154 12,154 Commercial business 71 — 2 73 71,311 71,384 SBA commercial business 243 — 361 604 35,157 35,761 Consumer 7 46 89 142 31,540 31,682 Total $ 1,036 $ 48 $ 4,413 $ 5,497 $ 1,139,984 $ 1,145,481 The following table presents the aging of the recorded investment in past due loans at September 30, 2021: 30-59 Days 60-89 Days 90+ Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) Residential real estate $ 818 $ 352 $ 347 $ 1,517 $ 240,753 $ 242,270 Commercial real estate — — 599 599 149,356 149,955 Single tenant net lease — — — — 404,938 404,938 SBA commercial real estate — 208 4,990 5,198 59,188 64,386 Multifamily — — — — 40,353 40,353 Residential construction — — — — 8,295 8,295 Commercial construction — — — — 2,695 2,695 Land and land development — — — — 10,229 10,229 Commercial business — — 3 3 60,100 60,103 SBA commercial business 18 104 848 970 79,801 80,771 Consumer 33 20 70 123 30,517 30,640 Total $ 869 $ 684 $ 6,857 $ 8,410 $ 1,086,225 $ 1,094,635 The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, public information, historical payment experience, credit documentation, and current economic conditions and trends, among other factors. The Company classifies loans based on credit risk at least quarterly. The Company uses the following regulatory definitions for risk ratings: Special Mention: Substandard: Doubtful: Loss: Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. The following table presents the recorded investment in loans by risk category as of March 31, 2022: Special March 31, 2022: Pass Mention Substandard Doubtful Loss Total (In thousands) Residential real estate $ 287,150 $ — $ 1,825 $ 166 $ — $ 289,141 Commercial real estate 153,231 — 776 — — 154,007 Single tenant net lease 437,988 — — — — 437,988 SBA commercial real estate 51,403 1,149 9,112 1,660 — 63,324 Multifamily 34,991 — 372 — — 35,363 Residential construction 11,329 — — — — 11,329 Commercial construction 3,348 — — — — 3,348 Land and land development 12,154 — — — — 12,154 Commercial business 70,215 — 1,169 — — 71,384 SBA commercial business 32,233 — 3,483 45 — 35,761 Consumer 31,593 — 89 — — 31,682 Total $ 1,125,635 $ 1,149 $ 16,826 $ 1,871 $ — $ 1,145,481 The following table presents the recorded investment in loans by risk category as of September 30, 2021: Special September 30, 2021: Pass Mention Substandard Doubtful Loss Total (In thousands) Residential real estate $ 240,078 $ — $ 2,018 $ 174 $ — $ 242,270 Commercial real estate 143,031 4,059 2,865 — — 149,955 Single tenant net lease 404,938 — — — — 404,938 SBA commercial real estate 45,465 5,343 10,339 3,239 — 64,386 Multifamily 39,871 — 482 — — 40,353 Residential construction 8,295 — — — — 8,295 Commercial construction 2,695 — — — — 2,695 Land and land development 10,229 — — — — 10,229 Commercial business 58,583 — 1,520 — — 60,103 SBA commercial business 70,019 6,914 3,808 30 — 80,771 Consumer 30,570 — 70 — — 30,640 Total $ 1,053,774 $ 16,316 $ 21,102 $ 3,443 $ — $ 1,094,635 Troubled Debt Restructurings Modification of a loan is considered to be a troubled debt restructuring (“TDR”) if the debtor is experiencing financial difficulties and the Company grants a concession to the debtor that it would not otherwise consider. By granting the concession, the Company expects to obtain more cash or other value from the debtor, or to increase the probability of receipt, than would be expected by not granting the concession. The concession may include, but is not limited to, reduction of the stated interest rate of the loan, reduction of accrued interest, extension of the maturity date or reduction of the face amount or maturity amount of the debt. A concession will be granted when, as a result of the restructuring, the Company does not expect to collect all amounts due, including interest at the original stated rate. A concession may also be granted if the debtor is not able to access funds elsewhere at a market rate for debt with similar risk characteristics as the restructured debt. The Company’s determination of whether a loan modification is a TDR considers the individual facts and circumstances surrounding each modification. Loans modified in a TDR may be retained on accrual status if the borrower has maintained a period of performance in which the borrower’s lending relationship was not greater than ninety days delinquent at the time of restructuring and the Company determines the future collection of principal and interest is reasonably assured. Loans modified in a TDR that are placed on nonaccrual status at the time of restructuring will continue on nonaccrual status until the Company determines the future collection of principal and interest is reasonably assured, which generally requires that the borrower demonstrate a period of performance according to the restructured terms of at least six consecutive months. The following table summarizes the Company’s recorded investment in TDRs at March 31, 2022 and September 30, 2021. There was no specific reserve included in the allowance for loan losses related to TDRs at March 31, 2022 and September 30, 2021. Accruing Nonaccrual Total (In thousands) March 31, 2022: Residential real estate $ 1,064 $ — $ 1,064 Commercial real estate 407 451 858 SBA commercial real estate — 1,627 1,627 Multifamily 372 — 372 Commercial business 1,140 — 1,140 Consumer 34 — 34 Total $ 3,017 $ 2,078 $ 5,095 September 30, 2021: Residential real estate $ 1,173 $ — $ 1,173 Commercial real estate 422 465 887 SBA commercial real estate — 3,240 3,240 Multifamily — 482 482 Commercial business 106 1,367 1,473 Consumer 42 — 42 Total $ 1,743 $ 5,554 $ 7,297 The following table summarizes information regarding TDRs that were restructured during the three- and six-month periods ended March 31, 2021 Pre-Modification Post-Modification Number of Loans Principal Balance Principal Balance (Dollars in thousands) Three Months Ended March 31, 2021: Commercial business 1 $ 126 $ 126 Total 1 $ 126 $ 126 Six Months Ended March 31, 2021: Commercial business 1 $ 126 $ 126 Total 1 $ 126 $ 126 There were no TDRs that were restructured during the three- and six-months ended March 31, 2022. At March 31, 2022 and September 30, 2021, the Company had committed to lend $1,000 to customers with outstanding loans classified as TDRs. There were no principal charge-offs recorded as a result of TDRs during the three- and six-month periods ended March 31, 2022 or the three-month period ended March 31, 2021. There were principal charge-offs totaling $398,000 recorded as a result of TDRs during the six-month period ended March 31, 2021. In the event that a TDR subsequently defaults, the Company evaluates the restructuring for possible impairment. As a result, the related allowance for loan losses may be increased or charge-offs may be taken to reduce the carrying amount of the loan. During the three- and six-month periods ended March 31, 2022 and 2021, the Company did not have any TDRs that were modified within the previous twelve months and for which there was a payment default. On March 22, 2020, the federal banking agencies issued an “Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by the Coronavirus”. This guidance encouraged financial institutions to work prudently with borrowers that may be unable to meet their contractual obligations because of the effects of COVID-19. The guidance indicated that, in consultation with the Financial Accounting Standards Board (“FASB”), the federal banking agencies concluded that short-term modifications (e.g., six months) made on a good faith basis to borrowers who were current as of the implementation date of a relief program are not TDRs. The Coronavirus Aid, Relief and Economic Security (“CARES”) Act was passed by Congress on March 27, 2020. The CARES Act also addressed COVID-19 related modifications and specified that COVID-19 related modifications on loans that were current as of December 31, 2019 are not TDRs. The Consolidated Appropriations Act of 2021, signed into law on December 27, 2020, further extended the relief from TDR accounting for qualified modifications to the earlier of January 1, 2022 or 60 days after the national emergency concerning COVID-19 terminates. At March 31, 2022, no loans remained under the Company’s payment extension program. SBA Loan Servicing Rights The Company originates loans to commercial customers under the SBA 7(a) program and other programs, and sells the guaranteed portion of the SBA loans with servicing rights retained. Loan servicing rights on originated SBA loans that have been sold are initially recorded at fair value. Capitalized SBA servicing rights are then amortized in proportion to and over the period of estimated net servicing income. Impairment of SBA servicing rights is assessed using the present value of estimated future cash flows. The aggregate fair value of SBA loan servicing rights approximates its carrying value. A valuation model employed by an independent third party calculates the present value of future cash flows and is used to estimate fair value at the date of sale and on a quarterly basis for impairment analysis purposes. Management periodically compares the valuation model inputs and results to published industry data in order to validate the model results and assumptions. Key assumptions used to estimate the fair value of the SBA loan servicing rights include the discount rate and prepayment speed assumptions. For purposes of impairment, risk characteristics such as interest rate, loan type, term and investor type are used to stratify the SBA loan servicing rights. Impairment is recognized through a valuation allowance to the extent that fair value is less than the carrying amount. Changes in the valuation allowance are reported in other noninterest income in the consolidated statements of income. The unpaid principal balance of SBA loans serviced for others was $254.9 million, $244.8 million and $228.5 million at March 31, 2022, September 30, 2021 and March 31, 2021, respectively. Contractually specified late fees and ancillary fees earned on SBA loans were $35,000 and $54,000 for the three- and six-month periods ended March 31, 2022, respectively. Contractually specified late fees and ancillary fees earned on SBA loans were $11,000 and $36,000 for the three- and six-month periods ended March 31, 2021, respectively. Net servicing income (contractually specified servicing fees offset by direct servicing expenses) related to SBA loans was $627,000 and $1.3 million for the three- and six-month periods ended March 31, 2022, respectively. Net servicing income (contractually specified servicing fees offset by direct servicing expenses) related to SBA loans was $512,000 and $979,000 for the three- and six-month periods ended March 31, 2021, respectively. Net servicing income and costs related to SBA loans are included in other noninterest income in the consolidated statements of income. An analysis of SBA loan servicing rights for the three- and six-month periods ended March 31, 2022 and 2021 is as follows: Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousands) Balance, beginning of period $ 4,429 $ 3,722 $ 4,447 $ 3,748 Servicing rights capitalized 314 746 660 1,072 Amortization (264) (175) (552) (376) Direct write-offs (79) (92) (114) (275) Change in valuation allowance 47 (79) 6 (47) Balance, end of period $ 4,447 $ 4,122 $ 4,447 $ 4,122 There was no valuation allowance related to SBA loan servicing rights at March 31, 2022. The valuation allowance related to SBA loan servicing rights at September 30, 2021 was $6,000. Mortgage Servicing Rights (“MSRs”) The Company originates residential mortgage loans for sale in the secondary market and retains servicing for certain of these loans when they are sold. MSRs retained for originated loans that have been sold are accounted for at fair value. The fair value of MSRs are determined using the present value of estimated expected net servicing income using assumptions about expected mortgage loan prepayment rates, discount rate, servicing costs, and other economic factors, which are determined based on current market conditions. C

Deposits

Deposits	6 Months Ended
Deposits	Mar. 31, 2022
Deposits
Deposits	4. Deposits Deposits at March 31, 2022 and September 30, 2021 consisted of the following: March 31, September 30, 2022 2021 (In thousands) Noninterest-bearing demand deposits $ 311,738 $ 291,039 NOW accounts 319,817 315,169 Money market accounts 221,332 222,972 Savings accounts 173,794 162,033 Retail time deposits 124,756 136,309 Brokered time deposits — 70,058 Reciprocal time deposits 69,752 30,000 Total $ 1,221,189 $ 1,227,580

Supplemental Disclosure for Net

Supplemental Disclosure for Net Income Per Share	6 Months Ended
Supplemental Disclosure for Net Income Per Share	Mar. 31, 2022
Supplemental Disclosure for Net Income Per Share
Supplemental Disclosure for Net Income Per Share	5. Supplemental Disclosure for Net Income Per Share Net income per share information is presented below for the three- and six-month periods ended March 31, 2022 and 2021. All share and per share amounts have been adjusted to reflect the three-for-one stock split effective September 15, 2021. Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (Dollars in thousands, except per share data) Basic: Earnings: Net income attributable to First Savings Financial Group, Inc. $ 7,035 $ 10,487 $ 11,340 $ 20,410 Shares: Weighted average common shares outstanding, basic 7,076,355 7,108,926 7,086,739 7,105,014 Net income per common share, basic $ 0.99 $ 1.48 $ 1.60 $ 2.87 Diluted: Earnings: Net income attributable to First Savings Financial Group, Inc. $ 7,035 $ 10,487 $ 11,340 $ 20,410 Shares: Weighted average common shares outstanding, basic 7,076,355 7,108,926 7,086,739 7,105,014 Add: Dilutive effect of outstanding options 75,790 49,089 78,506 45,792 Add: Dilutive effect of restricted stock 4,084 6,174 8,465 8,319 Weighted average common shares outstanding, as adjusted 7,156,229 7,164,189 7,173,710 7,159,125 Net income per common share, diluted $ 0.98 $ 1.46 $ 1.58 $ 2.85 Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding. Stock options for 137,250 shares of common stock were excluded from the calculation of diluted net income per common share for the three- and six-month periods ended March 31, 2022, because their effect was antidilutive. Stock options for 72,939 and 80,139 shares of common stock were excluded from the calculation of diluted net income per common share for the three- and six-month periods ended March 31, 2021, respectively, because their effect was antidilutive. There were no antidilutive restricted stock awards excluded from the calculation of diluted net income per share for the three- and six-month periods ended March 31, 2022 and 2021.

Supplemental Disclosures of Cas

Supplemental Disclosures of Cash Flow Information	6 Months Ended
Supplemental Disclosures of Cash Flow Information	Mar. 31, 2022
Supplemental Disclosures of Cash Flow Information
Supplemental Disclosures of Cash Flow Information	6. Supplemental Disclosures of Cash Flow Information Six Months Ended March 31, 2022 2021 (In thousands) Cash payments for: Interest $ 3,623 $ 4,170 Income taxes (net of refunds received) 48 8,659 Noncash investing and financing activities: Transfers from loans to other real estate owned — 370 Noncash exercise of stock options — 48

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments	6 Months Ended
	Mar. 31, 2022
Fair Value Measurements and Disclosures about Fair Value of Financial Instruments
Fair Value Measurements and Disclosures about Fair Value of Financial Instruments	7. Fair Value Measurements and Disclosures about Fair Value of Financial Instruments FASB Accounting Standards Codification (“ASC”) Topic 820 , Fair Value Measurements, Level 1: Inputs to the valuation methodology are quoted prices, unadjusted, for identical assets or liabilities in active markets. A quoted market price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. Level 2: Inputs to the valuation methodology include quoted market prices for similar assets or liabilities in active markets; quoted market prices for identical or similar assets or liabilities in markets that are not active; or inputs that are derived principally from or can be corroborated by observable market data by correlation or other means. Level 3: Inputs to the valuation methodology are unobservable and significant to the fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using discounted cash flow methodologies, as well as instruments for which the determination of fair value requires significant management judgment or estimation. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the valuation hierarchy, is set forth below. The tables below present the balances of financial assets and liabilities measured at fair value on a recurring and nonrecurring basis as of March 31, 2022 and September 30, 2021. Carrying Value Level 1 Level 2 Level 3 Total (In thousands) March 31, 2022: Assets Measured – Recurring Basis: Securities available for sale: U.S. Treasury bills and notes $ — $ 30,737 $ — $ 30,737 Agency mortgage-backed — 27,624 — 27,624 Agency CMO — 11,969 — 11,969 Privately-issued CMO — 686 — 686 Privately-issued ABS — 666 — 666 SBA certificates — 1,974 — 1,974 Municipal — 209,334 — 209,334 Total securities available for sale $ — $ 282,990 $ — $ 282,990 Residential mortgage loans held for sale $ — $ 98,640 $ — $ 98,640 Derivative assets (included in other assets) $ — $ 4,835 $ 520 $ 5,355 Equity securities (included in other assets) $ 112 $ — $ — $ 112 Residential mortgage servicing rights $ — $ — $ 63,660 $ 63,660 Liabilities Measured – Recurring Basis: Derivative liabilities (included in other liabilities) $ — $ 78 $ 3,443 $ 3,521 Assets Measured – Nonrecurring Basis: Impaired loans: Residential real estate $ — $ — $ 222 $ 222 Commercial real estate — — — — SBA commercial real estate — — 209 209 Multifamily — — — — Commercial business — — — — SBA commercial business — — 145 145 Consumer — — — — Total impaired loans $ — $ — $ 576 $ 576 Carrying Value Level 1 Level 2 Level 3 Total (In thousands) September 30, 2021: Assets Measured – Recurring Basis Securities available for sale: U.S. Treasury bills and notes $ — $ 250 $ — $ 250 Agency mortgage-backed — 8,384 — 8,384 Agency CMO — 13,530 — 13,530 Privately-issued CMO — 803 — 803 Privately-issued ABS — 772 — 772 SBA certificates — 2,138 — 2,138 Municipal bonds — 180,804 — 180,804 Total securities available for sale $ — $ 206,681 $ — $ 206,681 Residential mortgage loans held for sale $ — $ 167,813 $ — $ 167,813 Derivative assets (included in other assets) $ — $ 1,465 $ 2,167 $ 3,632 Equity securities (included in other assets) $ 112 $ — $ — $ 112 Residential mortgage servicing rights $ — $ — $ 49,579 $ 49,579 Liabilities Measured – Recurring Basis Derivative liabilities (included in other liabilities) $ — $ 35 $ 600 $ 635 Assets Measured – Nonrecurring Basis Impaired loans: Residential real estate $ — $ — $ 71 $ 71 Commercial real estate — — — — SBA commercial real estate — — 4,169 4,169 Multifamily — — — — Commercial business — — — — SBA commercial business — — — — Consumer — — 8 8 Total impaired loans $ — $ — $ 4,248 $ 4,248 SBA loan servicing rights $ — $ — $ 1,184 $ 1,184 Fair value is based upon quoted market prices where available. If quoted market prices are not available, fair value is based on internally developed models or obtaifned from third parties that primarily use, as inputs, observable market-based parameters or a matrix pricing model that employs the Bond Market Association’s standard calculations for cash flow and price/yield analysis and observable market-based parameters. Valuation adjustments may be made to ensure that financial instruments are recorded at fair value, or at the lower of cost or fair value. These adjustments may include unobservable parameters. Any such valuation adjustments have been applied consistently over time. The Company’s valuation methodologies may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. While management believes the Company’s valuation methodologies are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value at the reporting date. Other than SBA loans held for sale (see discussion below), there have been no changes in the valuation techniques and related inputs used for assets measured at fair value on a recurring and nonrecurring basis during the six-month period ended March 31, 2022. Securities Available for Sale and Equity Securities. Residential Mortgage Loans Held for Sale SBA and Single Tenant Net Lease Loans Held for Sale Derivative Financial Instruments The fair value of interest rate lock commitments is also obtained from an independent third party and is based on investor prices for the underlying loans or current secondary market prices for loans with similar characteristics, less estimated costs to originate the loans and adjusted for the anticipated funding probability (pull-through rate). The fair value of interest rate lock commitments is classified as Level 3 in the fair value hierarchy. The table below presents a reconciliation of derivative assets and liabilities (interest rate lock commitments) measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three - and six-month periods ended March 31, 2022 and 2021: Three Months Ended Six Months Ended March 31, March 31, (In thousands) 2022 2021 2022 2021 Beginning balance $ 1,740 $ 11,415 $ 1,567 $ 14,937 Unrealized losses recognized in earnings, net of settlements (4,663) (11,153) (4,490) (14,675) Ending balance $ (2,923) $ 262 $ (2,923) $ 262 The realized and unrealized gains recognized in earnings in the table above are included in mortgage banking income on the accompanying consolidated statements of income. Losses recognized in earnings for the six-month period ended March 31, 2022 attributable to Level 3 derivative assets and liabilities held at the balance sheet date were $2.9 million. Gains recognized in earnings for the six-month period ended March 31, 2021 attributable to Level 3 derivative assets and liabilities held at the balance sheet date were $262,000. The table below presents information about significant unobservable inputs (Level 3) used in the valuation of derivative financial instruments measured at fair value on a recurring basis as of March 31, 2022 and September 30, 2021. Range of Inputs Range of Inputs Significant (Weighted Average) (Weighted Average) Unobservable March 31, September 30, Financial Instrument Inputs 2022 2021 Interest rate lock commitments Pull-through rate 50% - 100% (88%) 58% - 100% (83%) Direct costs to close 0.29% - 1.64% (0.63%) 0.37% - 1.74% (0.86%) Residential Mortgage Servicing Rights . Impaired Loans The fair value of impaired loans is generally based on the fair value of the underlying collateral less estimated costs to sell. Collateral may be real estate and/or business assets, including equipment, inventory and/or accounts receivable. The fair value of the collateral is generally determined based on real estate appraisals or other independent evaluations by qualified professionals, adjusted for estimated costs to sell the property, costs to complete or repair the property and other factors to reflect management’s estimate of the fair value of the collateral given the current market conditions and the condition of the collateral. The fair value of impaired loans is classified as Level 3 in the fair value hierarchy. At March 31, 2022 and September 30, 2021, the significant unobservable inputs used in the fair value measurement of impaired loans included discounts from appraised value ranging from 0.0% to 100.0%, for both periods, and estimated costs to sell the collateral ranging from 0.0% to 6.0% and 0.0% to 26.0%, respectively. During the three-and six-month periods ended March 31, 2022, the Company recognized provisions for loan losses on impaired loans of $457,000 and $1.1 million, respectively. During the three- and six-month periods ended March 31, 2021, the Company recognized provisions for loan losses on impaired loans of $267,000. SBA and Nonresidential Loan Servicing Rights Nonresidential mortgage loan servicing rights represent the value associated with servicing single tenant net lease loans that have been sold. The fair value of nonresidential mortgage loan servicing rights is determined by management on a quarterly basis using a discounted cash flow model, and is classified as Level 3 in the fair value hierarchy. At March 31, 2022 and September 30, 2021, the Company did not have any nonresidential mortgage loan servicing rights measured at fair value on a nonrecurring basis. The Company did not recognize any impairment charges on nonresidential mortgage loan servicing rights for the three- and six-month periods ended March 31, 2022 and 2021. Other Real Estate Owned Other real estate owned is reported at fair value, less estimated costs to dispose of the property. The fair values are determined by real estate appraisals, which are then generally discounted by management in order to reflect management’s estimate of the fair value of the property given current market conditions and the condition of the property. At March 31, 2022 and September 30, 2021, the Company did not have any other real estate owned measured at fair value on a nonrecurring basis. The Company did not recognize any charges to write down other real estate owned to fair value for the three - and six-month periods ended March 31, 2022 and 2021. There were no transfers into or out of the Company’s Level 3 financial assets of the fair value hierarchy for the three- and six-month periods ended March 31, 2022. Financial Instruments Recorded Using Fair Value Option. The Company has elected the fair value option for substantially all of its residential mortgage loans held for sale. These loans are intended for sale and the Company believes that the fair value is the best indicator of the resolution of these loans. Interest income is recorded based on the contractual terms of the loans and in accordance with the Company’s policy on loans held for investment. None of these loans were 90 days or more past due, nor were any on nonaccrual status, as of March 31, 2022 and September 30, 2021. The table below presents the difference between the aggregate fair value and the aggregate remaining principal balance for residential mortgage loans held for sale for which the fair value option had been elected as of March 31, 2022 and September 30, 2021. Aggregate Aggregate Principal Fair Value Balance (In thousands) March 31, 2022 March 31, 2022 Difference Residential mortgage loans held for sale $ 98,640 $ 98,476 $ 164 Aggregate Aggregate Principal Fair Value Balance September 30, September 30, (In thousands) 2021 2021 Difference Residential mortgage loans held for sale $ 167,813 $ 163,158 $ 4,655 The table below presents gains and losses and interest included in earnings related to financial assets measured at fair value under the fair value option for the three-and six-month periods ended March 31, 2022 and 2021: Three Months Ended Six Months Ended March 31, March 31, (In thousands) 2022 2021 2022 2021 Gains (losses) – included in mortgage banking income $ (2,544) $ (8,417) $ (921) $ 191 Interest income 959 1,431 1,953 3,264 $ (1,585) $ (6,986) $ 1,032 $ 3,455 GAAP requires disclosure of fair value information about financial instruments for interim reporting periods, whether or not recognized in the consolidated balance sheet. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. The carrying amounts and estimated fair values of the Company’s financial instruments are as follows. Carrying Fair Value Measurements Using: Amount Level 1 Level 2 Level 3 (In thousands) March 31, 2022: Financial assets: Cash and due from banks $ 13,365 $ 13,365 $ — $ — Interest-bearing deposits with banks 17,740 17,740 — — Interest-bearing time deposits 1,770 — 1,770 — Securities available for sale 282,990 — 282,990 — Securities held to maturity 1,684 — 1,779 — Residential mortgage loans held for sale 98,640 — 98,640 — Single tenant net lease loans held for sale 38,225 — — 38,225 SBA loans held for sale 15,787 — — 17,858 Loans, net 1,126,818 — — 1,159,903 FRB and FHLB stock 18,667 N/A N/A N/A Accrued interest receivable 6,273 — 6,273 — Residential mortgage loan servicing rights 63,660 — — 63,660 Nonresidential mortgage loan servicing rights 160 — — 160 SBA loan servicing rights 4,447 — — 4,902 Derivative assets (included in other assets) 5,355 — 4,835 520 Equity securities (included in other assets) 112 112 — — Financial liabilities: Deposits 1,221,189 — — 1,219,521 Borrowings from FHLB 296,592 — 294,587 — Subordinated note 50,184 — 52,172 — Accrued interest payable 282 — 282 — Advance payments by borrowers for taxes and insurance 1,392 — 1,392 — Derivative liabilities (included in other liabilities) 3,521 — 78 3,443 Carrying Fair Value Measurements Using: Amount Level 1 Level 2 Level 3 (In thousands) September 30, 2021: Financial assets: Cash and due from banks $ 14,191 $ 14,191 $ — $ — Interest-bearing deposits with banks 19,237 19,237 — — Interest-bearing time deposits 2,222 — 2,222 — Securities available for sale 206,681 — 206,681 — Securities held to maturity 1,837 — 2,054 — Residential mortgage loans held for sale 167,813 — 167,813 — Single tenant net lease loans held for sale 23,020 — — 23,020 SBA loans held for sale 24,107 — 27,312 — Loans, net 1,075,936 — — 1,124,226 FRB and FHLB stock 19,258 N/A N/A N/A Accrued interest receivable 6,243 — 6,243 — Residential mortgage loan servicing rights 49,579 — — 49,579 SBA loan servicing rights 4,447 — — 4,646 Derivative assets (included in other assets) 3,632 — 1,465 2,167 Equity securities (included in other assets) 112 112 — — Financial liabilities: Deposits 1,227,580 — — 1,228,147 Borrowings from FHLB 250,000 — 251,877 — Subordinated note 19,865 — 21,083 — Accrued interest payable 258 — 258 — Advance payments by borrowers for taxes and insurance 2,076 — 2,076 — Derivative liabilities (included in other liabilities) 635 — 35 600 The methods and assumptions used to estimate fair value are described as follows: Carrying amount is the estimated fair value for cash and cash equivalents, interest-bearing time deposits, accrued interest receivable and payable, advance payments by borrowers for taxes and insurance, demand deposits and other transaction accounts. The fair value of loans (excluding loans held for sale), fixed-maturity certificates of deposit, and borrowed funds is based on discounted cash flows using current market rates applied to the estimated life and credit risk of the instrument. It is not practicable to determine the fair value of FHLB and other restricted stock due to restrictions placed on its transferability. The methods and assumptions used to estimate the fair value of investment securities, loans held for sale, loan servicing rights, and derivative assets and liabilities are discussed previously in Note 7. The methods utilized to measure the fair value of financial instruments at March 31, 2022 and September 30, 2021 represent an approximation of exit price, but an actual exit price may differ.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	6 Months Ended
Employee Stock Ownership Plan	Mar. 31, 2022
Employee Stock Ownership Plan
Employee Stock Ownership Plan	8. Employee Stock Ownership Plan On October 6, 2008, the Company established a leveraged employee stock ownership plan (“ESOP”) covering substantially all employees. The ESOP trust acquired 203,363 shares of Company common stock at a cost of $10.00 per share financed by a term loan with the Company. The employer loan and the related interest income are not recognized in the consolidated financial statements because the debt is serviced from Company contributions. Dividends payable on allocated shares are charged to retained earnings and are satisfied by the allocation of cash dividends to participant accounts or by utilizing the dividends as additional debt service on the ESOP loan. Dividends payable on unallocated shares are not considered dividends for financial reporting purposes. Shares held by the ESOP trust are allocated to participant accounts based on the ratio of the current year principal and interest payments to the total of the current year and future years’ principal and interest to be paid on the employer loan. Compensation expense is recognized based on the average fair value of shares released for allocation to participant accounts during the year with a corresponding credit to stockholders’ equity. The ESOP loan was repaid in full during the quarter ended December 31, 2015 and all shares have been allocated to participants in the plan; therefore, no compensation expense was recognized for the three- and six -month periods ended March 30, 2022 and 2021. The ESOP trust held 313,389 and 335,958 shares of Company common stock at March 31, 2022 and September 30, 2021, respectively.

Stock Based Compensation Plans

Stock Based Compensation Plans	6 Months Ended
Stock Based Compensation Plans	Mar. 31, 2022
Stock Based Compensation Plans
Stock Based Compensation Plans	9. Stock Based Compensation Plans The Company maintains three equity incentive plans under which stock options and restricted stock have been or may be granted, the 2010 Equity Incentive Plan (“2010 Plan”), approved by the Company’s shareholders in February 2010, the 2016 Equity Incentive Plan (“2016 Plan”), approved by the Company’s shareholders in February 2016, and the 2021 Equity Incentive Plan (“2021 Plan”) approved by the Company’s shareholders in February 2021. The aggregate number of shares of the Company’s common stock available for issuance under the 2016 Plan may not exceed 264,000 shares, consisting of 198,000 stock options and 66,000 shares of restricted stock. The aggregate number of shares of the Company’s common stock available for issuance under the 2021 Plan may not exceed 356,058 shares, consisting of 267,043 stock options and 89,015 shares of restricted stock. At March 31, 2022, there were no remaining shares of the Company’s common stock available for issuance under the 2010 Plan. At March 31, 2022, 4,560 shares of the Company’s common stock were available for issuance under the 2016 Plan, of which 1,500 shares were available for restricted stock and 3,060 shares were available for stock options. At March 31, 2022, 173,058 shares of the Company's common stock were available for issuance under the 2021 Plan, of which 43,265 shares were available for restricted stock and 129,793 shares were available for stock options. The Company generally issues new shares under the 2016 and 2021 Plans from its authorized but unissued shares. The Company accounts for any forfeitures as they occur, and any previously recognized compensation cost for an award is reversed in the period the award is forfeited. Stock Options Under the plans, the Company may grant both non-statutory and incentive stock options that may not have a term exceeding ten years. In the case of incentive stock options, the aggregate fair value (determined at the time the incentive stock options are granted) which are first exercisable during any calendar year shall not exceed $100,000. Exercise prices generally may not be less than the fair market value of the underlying stock at the date of the grant. The terms of the plans also include provisions whereby all unearned options and restricted shares become immediately exercisable and fully vested upon a change in control. Stock options granted generally vest ratably over five years and are exercisable in whole or in part for a period up to ten years from the date of the grant. Compensation expense is measured based on the fair market value of the options at the grant date and is recognized ratably over the period during which the shares are earned (the vesting period). The fair market value of stock options granted is estimated at the date of grant using a binomial option pricing model. Expected volatilities are based on historical volatility of the Company’s stock. The expected term of options granted represents the period of time that options are expected to be outstanding. The risk free rate for the expected life of the options is based on the U.S. Treasury yield curve in effect at the grant date. The fair value of options granted during the six-month period ended March 31, 2022 was determined using the following assumptions: Expected dividend yield 2.32 % Risk-free interest rate 1.55 % Expected volatility 27.0 % Expected life of options 7.1 years Weighted average fair value at grant date $ 7.03 A summary of stock option activity as of March 31, 2022, and changes during the six-month period then ended is presented below. Weighted Average Remaining Weighted Contractual Aggregate Number of Average Term Intrinsic Shares Exercise Price (Years) Value (Dollars in thousands, except per share data) Outstanding at beginning of period 217,074 $ 16.58 Granted 137,250 26.72 Exercised — — Forfeited or expired — — Outstanding at end of period 354,324 $ 20.51 7.2 $ 1,638 Vested and expected to vest 354,324 $ 20.51 7.2 $ 1,638 Exercisable at end of period 168,419 $ 15.11 5.1 $ 1,587 There were no stock options exercised during the six-month period ended March 31, 2022. The intrinsic value of stock options exercised during the six-month period ended March 31, 2021 was $31,000. The Company recognized compensation expense related to stock options of $81,000 and $133,000 for the three- and six-month periods ended March 31, 2022, respectively. The Company recognized compensation expense related to stock options of $24,000 and $46,000 for the three- and six-month periods ended March 31, 2021, respectively. At March 31, 2022, there was $939,000 of unrecognized compensation expense related to nonvested stock options. The compensation expense is expected to be recognized over a weighted average period of 4.48 years. There was no cash received or tax benefit from the exercise of stock options during the six-month period ended March 31, 2022. Cash received from the exercise of stock options and the tax benefit from the exercise of stock options totaled $4,000 and $5,000, respectively, for the six-month period ended March 31, 2021. Restricted Stock The vesting period of restricted stock granted under the plans is generally five years beginning one year after the date of grant of the awards. Compensation expense is measured based on the fair market value of the restricted stock at the grant date and is recognized ratably over the vesting period. Compensation expense related to restricted stock recognized for the three- and six-month periods ended March 31, 2022 was $105,000 and $181,000, respectively. Compensation expense related to restricted stock recognized for the three- and six-month periods ended March 31, 2021 was $47,000 and $95,000, respectively. A summary of the Company’s nonvested restricted shares activity as of March 31, 2022 and changes during the six-month period then ended is presented below. Weighted Number Average of Grant Date Shares Fair Value Nonvested at October 1, 2021 17,799 $ 16.72 Granted 45,750 $ 26.72 Vested (12,225) $ 14.88 Forfeited — $ — Nonvested at March 31, 2022 51,324 $ 26.07 There were 12,225 restricted shares vested during the six-month period ended March 31, 2022 with a total fair value of $327,000. There were 13,125 restricted shares that vested during the six-month period ended March 31, 2021 with a total fair value of $277,000. At March 31, 2022, there was $1.2 million of unrecognized compensation expense related to nonvested restricted shares. The compensation expense is expected to be recognized over a weighted average period of 4.43 years.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
Derivative Financial Instruments	Mar. 31, 2022
Derivative Financial Instruments
Derivative Financial Instruments	10. Derivative Financial Instruments The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (i.e., rate lock commitment). The Company also enters into forward mortgage loan commitments to sell loans to various investors to protect itself against exposure to various factors and to reduce sensitivity to interest rate movements. Both the interest rate lock commitments and the related forward mortgage loan sales contracts are considered derivatives and are recorded on the accompanying consolidated balance sheets at fair value in accordance with FASB ASC 815, Derivatives and Hedging Certain financial instruments, including derivatives, may be eligible for offset in the balance sheet when the “right of setoff” exists or when the instruments are subject to an enforceable master netting agreement, which includes the right of the non-defaulting party or non-affected party to offset recognized amounts, including collateral posted with the counterparty, to determine a net receivable or net payable upon early termination of the agreement. Certain of the Company’s derivative instruments are subject to master netting agreements. However, the Company has not elected to offset such financial instruments in the consolidated balance sheets. The Company may be required to post margin collateral to derivative counterparties based on agreements with the dealers. At both March 31, 2022 and September 30, 2021, the Company had cash collateral posted with certain derivative counterparties of $2.4 million, against its derivative obligations. Cash collateral related to derivative contracts is recorded in interest-bearing deposits with banks or other assets in the consolidated balance sheets. The tables below provide information on the Company’s derivative financial instruments as of March 31, 2022 and September 30, 2021. Notional Asset Liability Amount Derivatives Derivatives (In thousands) March 31, 2022 March 31, 2022 March 31, 2022 Interest rate lock commitments $ 311,808 $ 520 $ 3,443 Forward mortgage loan sale contracts 249,750 4,835 78 $ 561,558 $ 5,355 $ 3,521 Notional Asset Liability Amount Derivatives Derivatives September 30, September 30, September 30, (In thousands) 2021 2021 2021 Interest rate lock commitments $ 331,178 $ 2,167 $ 600 Forward mortgage loan sale contracts 291,750 1,465 35 $ 622,928 $ 3,632 $ 635 Income (loss) related to derivative financial instruments included in mortgage banking income in the accompanying consolidated statements of income for the three- and six-month periods ended March 31, 2022 and 2021 is as follows: Three Months Ended Six Months Ended March 31, March 31, (In thousands) 2022 2021 2022 2021 Interest rate lock commitments $ (4,663) $ (11,153) $ (4,490) $ (14,675) Forward mortgage loan sale contracts 12,311 18,977 13,007 11,614 $ 7,648 $ 7,824 $ 8,517 $ (3,061)

Regulatory Capital

Regulatory Capital	6 Months Ended
Regulatory Capital	Mar. 31, 2022
Regulatory Capital
Regulatory Capital	11. Regulatory Capital The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table below) of total, Tier 1 and common equity Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and Tier 1 capital (as defined) to average assets (as defined). The final rules implementing the Basel Committee on Banking Supervision’s capital guidelines for U.S. banks (“Basel III rules”) became effective for the Bank on January 1, 2015, with full compliance with all of the requirements being phased in over a multi-year schedule through 2019. Under the Basel III rules, the Bank must hold a conservation buffer above the adequately capitalized risk-based capital ratios disclosed in the table below. The capital conservation buffer was phased in from 0.0% for 2015 to 2.5% by 2019. The capital conservation buffer was 2.50%for 2022 and 2021. The Bank met all capital adequacy requirements to which it was subject as of March 31, 2022 and September 30, 2021. As of March 31, 2022, the most recent notification from the Federal Reserve Bank categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based, common equity Tier 1 risk-based and Tier 1 leverage ratios as set forth in the table below. There are no conditions or events since that notification that management believes have changed the Bank’s category. The Company’s and Bank’s actual capital amounts and ratios are also presented in the table. The Company is not subject to the Federal Reserve Bank’s consolidated capital requirements because it has less than $3 billion in total consolidated assets. However, management has elected to disclose the Company’s capital amounts and ratios in addition to the Bank’s required disclosures in the table below. No amount was deducted from capital for interest-rate risk at either date. Minimum To Be Well Minimum Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes: Action Provisions: Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of March 31, 2022: Total capital (to risk-weighted assets): Consolidated $ 224,520 14.63 % $ 122,767 8.00 % N/A N/A Bank 186,422 12.16 122,614 8.00 $ 153,268 10.00 % Tier 1 capital (to risk-weighted assets): Consolidated $ 159,861 10.42 % $ 92,075 6.00 % N/A N/A Bank 171,947 11.22 91,961 6.00 $ 122,614 8.00 % Common equity tier 1 capital (to risk-weighted assets): Consolidated $ 159,861 10.42 % $ 69,056 4.50 % N/A N/A Bank 171,947 11.22 68,970 4.50 $ 99,624 6.50 % Tier 1 capital (to average adjusted total assets): Consolidated $ 159,861 9.39 % $ 68,089 4.00 % N/A N/A Bank 171,947 10.06 68,358 4.00 $ 85,448 5.00 % As of September 30, 2021: Total capital (to risk-weighted assets): Consolidated $ 193,476 14.28 % $ 108,401 8.00 % N/A N/A Bank 183,885 13.60 108,156 8.00 $ 135,195 10.00 % Tier 1 capital (to risk-weighted assets): Consolidated $ 159,310 11.76 % $ 81,301 6.00 % N/A N/A Bank 169,584 12.54 81,117 6.00 $ 108,156 8.00 % Common equity tier 1 capital (to risk-weighted assets): Consolidated $ 159,310 11.76 % $ 60,976 4.50 % N/A N/A Bank 169,584 12.54 60,838 4.50 $ 87,877 6.50 % Tier 1 capital (to average adjusted total assets): Consolidated $ 159,310 9.73 % $ 65,480 4.00 % N/A N/A Bank 169,584 10.07 67,333 4.00 $ 84,166 5.00 %

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
Recent Accounting Pronouncements	Mar. 31, 2022
Recent Accounting Pronouncements
Recent Accounting Pronouncements	12. Recent Accounting Pronouncements The following are summaries of recently issued or adopted accounting pronouncements that impact the accounting and reporting practices of the Company: In June 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments – Credit Losses (Topic 326) In November 2019, the FASB issued ASU No. 2019-10 which delayed the effective date of ASU 2016-13 for smaller reporting companies (as defined by the SEC) and other non-SEC reporting entities to fiscal years beginning after December 15, 2022, including interim periods within those fiscal periods. Early adoption is permitted as of fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is a smaller reporting company as defined by the SEC, and currently does not intend to early adopt CECL. In March 2022, the FASB issued ASU No. 2022-02, Financial Instruments – Credit Losses (Topic 326), Troubled Debt Restructurings and Vintage Disclosures. The Company has determined that all other recently issued accounting pronouncements will not have a material impact on the Company’s consolidated financial statements or do not apply to its operations.

Segment Reporting

Segment Reporting	6 Months Ended
Segment Reporting	Mar. 31, 2022
Segment Reporting
Segment Reporting	13. Segment Reporting The Company’s operations include three primary segments: core banking, SBA lending, and mortgage banking. The core banking segment originates residential, commercial and consumer loans and attracts deposits from its customer base. Net interest income from loans and investments that are funded by deposits and borrowings is the primary revenue for the core banking segment. The SBA lending segment originates loans guaranteed by the SBA, subsequently selling the guaranteed portion to outside investors. Net gains on sales of loans and net interest income are the primary sources of revenue for the SBA lending segment. The mortgage banking segment originates residential mortgage loans and sells them in the secondary market. Net gains on the sales of loans, income from derivative financial instruments and net interest income are the primary sources of revenue for the mortgage banking segment. The core banking segment is comprised primarily by the Bank and First Savings Investments, Inc., while the SBA lending segment’s revenues are comprised primarily of net interest income and gains on the sales of SBA loans generated by Q2. The mortgage banking segment operates as a separate division of the Bank. The following segment financial information has been derived from the internal financial statements of the Company which are used by management to monitor and manage financial performance. The accounting policies of the three segments are the same as those of the Company. The amounts reflected in the “Other” column in the tables below represent combined balances of the Company and the Captive, and are the primary differences between the sum of the segment amounts and consolidated totals, along with amounts to eliminate transactions between segments. Core SBA Mortgage Consolidated Banking Lending Banking Other Totals (In thousands) Three Months Ended March 31, 2022: Net interest income (loss) $ 12,210 $ 1,602 $ 564 $ (363) $ 14,013 Provision (credit) for loan losses (240) 210 — — (30) Net interest income (loss) after provision 12,450 1,392 564 (363) 14,043 Net gains on sales of loans, SBA — 1,327 — — 1,327 Mortgage banking income 2 — 16,252 — 16,254 Noninterest income 2,163 1,658 16,251 — 20,072 Noninterest expense (income) 9,824 2,253 13,397 (13) 25,461 Income (loss) before taxes 4,789 797 3,418 (350) 8,654 Income tax expense (benefit) 507 240 1,049 (177) 1,619 Segment profit (loss) 4,282 557 2,369 (173) 7,035 Non-cash items: Depreciation and amortization 535 8 42 45 630 Segment assets at March 31, 2022 1,603,253 112,618 178,613 (92,540) 1,801,944 Core SBA Mortgage Consolidated Banking Lending Banking Other Totals (In thousands) Six Months Ended March 31, 2022: Net interest income (loss) $ 24,016 $ 3,477 $ 1,097 $ (674) $ 27,916 Provision (credit) for loan losses (384) 880 — — 496 Net interest income (loss) after provision 24,400 2,597 1,097 (674) 27,420 Net gains on sales of loans, SBA — 2,963 — — 2,963 Mortgage banking income (2) — 29,000 — 28,998 Noninterest income 4,105 3,559 28,999 — 36,663 Noninterest expense (income) 19,363 4,489 26,531 (70) 50,313 Income (loss) before taxes 9,142 1,667 3,565 (604) 13,770 Income tax expense (benefit) 1,157 505 1,095 (327) 2,430 Segment profit (loss) 7,985 1,162 2,470 (277) 11,340 Non-cash items: Depreciation and amortization 1,069 16 90 61 1,236 Segment assets at March 31, 2022 1,603,253 112,618 178,613 (92,540) 1,801,944 Core SBA Mortgage Consolidated Banking Lending Banking Other Totals (In thousands) Three Months Ended March 31, 2021: Net interest income (loss) $ 11,422 $ 3,227 $ 439 $ (308) $ 14,780 Provision for loan losses 106 181 — — 287 Net interest income (loss) after provision 11,316 3,046 439 (308) 14,493 Net gains on sales of loans, SBA — 3,239 — — 3,239 Mortgage banking income 2 — 31,467 — 31,469 Noninterest income 1,490 3,407 34,076 — 38,973 Noninterest expense (income) 9,224 2,449 27,844 (233) 39,284 Income (loss) before taxes 3,582 4,004 6,671 (75) 14,182 Income tax expense (benefit) 633 1,005 2,183 (126) 3,695 Segment profit 2,949 2,999 4,488 51 10,487 Non-cash items: Depreciation and amortization 493 12 62 17 584 Segment assets at March 31, 2021 1,489,670 257,566 246,144 (242,771) 1,750,609 Core Banking SBA Lending Mortgage Banking Other Consolidated Totals (In thousands) Six Months Ended March 31, 2021: Net interest income (loss) $ 22,587 $ 5,374 $ 1,170 $ (612) $ 28,519 Provision for loan losses 808 147 — — 955 Net interest income (loss) after provision 21,779 5,227 1,170 (612) 27,564 Net gains on sales of loans, SBA — 4,506 — — 4,506 Mortgage banking income — — 74,698 — 74,698 Noninterest income 3,042 4,792 77,322 — 85,156 Noninterest expense (income) 17,510 5,195 61,388 (407) 83,686 Income (loss) before taxes 7,311 4,824 17,104 (205) 29,034 Income tax expense (benefit) 1,322 1,110 6,035 (245) 8,222 Segment profit (loss) 5,989 3,714 11,069 40 20,812 Non-cash items: Depreciation and amortization 954 23 121 34 1,132 Segment assets at March 31, 2021 1,489,670 257,566 246,144 (242,771) 1,750,609

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
Revenue from Contracts with Customers	Mar. 31, 2022
Revenue from Contracts with Customers
Revenue from Contracts with Customers	14. Revenue from Contracts with Customers Substantially all of the Company’s revenue from contracts with customers within the scope of FASB ASC 606 is included in the core banking segment and is recognized within noninterest income. The following table presents the Company’s sources of noninterest income for the three- and six-month periods ended March 31, 2022 and 2021: Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousand) Service charges on deposit accounts $ 433 $ 328 $ 867 $ 724 ATM and interchange fees 594 513 1,273 1,145 Investment advisory income 157 365 345 499 Other 34 32 58 55 Revenue from contracts with customers 1,218 1,238 2,543 2,423 Gain (loss) on securities (16) 27 — 38 Gain on sale of SBA loans 1,327 3,239 2,963 4,506 Gain on sale of single tenant net lease loans 557 — 719 — Mortgage banking income 16,254 31,469 28,998 74,698 Increase in cash value of life insurance 251 174 505 360 Real estate lease income 148 149 296 296 Loan servicing and other income 333 2,677 639 2,835 Other noninterest income 18,854 37,735 34,120 82,733 Total noninterest income $ 20,072 $ 38,973 $ 36,663 $ 85,156 A description of the Company’s revenue streams accounted for under FASB ASC 606 follows: Service Charges on Deposit Accounts ATM and Interchange Fees Investment Advisory Income Other Income

Leases

Leases	6 Months Ended
Leases	Mar. 31, 2022
Leases
Leases	15. 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 is a lessor in certain leasing agreements, such as for office space, and is a lessee in others, such as for certain office space and equipment. The Company’s operating leases have terms that expire at different dates through August 2028, and some include options to extend the leases in five year increments. The Company has adopted FASB ASC 842 and all subsequent updates that modified FASB ASC 842. With the adoption of FASB ASC 842, operating lease agreements are required to be recognized on the consolidated balance sheet as a “right of use” (“ROU”) asset and a corresponding lease liability. All of the Company’s leases are classified as operating leases. The Company’s right to use an asset over the life of a lease is recorded as an ROU asset included in other assets other liabilities The calculated amount of the ROU assets and lease liabilities are impacted by the length of the lease term and the discount rate used to calculate the present value of minimum lease payments. Regarding the discount rate, FASB ASC 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. For operating leases existing prior to October 1, 2019, the rate for the remaining lease term as of October 1, 2019 was used. Leases with an initial term of 12 months or less are not recorded on the balance sheet and the Company recognizes lease expense for these leases on a straight-line basis over the term of the lease. Certain leases include one or more options to renew, with renewal terms that can extend the lease term from one Lease expense for the three- and six-month periods ended March 31, 2022 was $297,000 and $602,000, respectively. Lease expense for the three- and six-month periods ended March 31, 2021 was $495,000 and $1.0 million, respectively. The components of lease expense for the three- and six-month periods ended March 31, 2022 and 2021 were as follows: Three Three Six Six Months Months Months Months Ended Ended Ended Ended March 31, March 31, March 31, March 31, 2022 2021 2022 2021 (In thousands) Operating lease cost $ 162 $ 260 $ 256 $ 634 Short-term lease cost 135 235 346 412 $ 297 $ 495 $ 602 $ 1,046 Future minimum commitments due under these lease agreements as of March 31, 2022 are as follows, including renewal options that are reasonably certain to be exercised: (In thousands) 2022 (remaining six months) $ 211 2023 403 2024 283 2025 203 2026 203 Thereafter 5,202 Total lease payments 6,505 Less imputed interest (1,874) Total $ 4,631 The lease term and discount rate at March 31, 2022 and September 30, 2021 were as follows: March 31, September 30, 2022 2021 Weighted-average remaining lease term (years) 24.1 21.5 Weighted-average discount rate 2.84 % 2.53 % Supplemental cash flow information for the six-month periods ended March 31, 2022 and 2021 related to leases was as follows: 2022 2021 (In thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 258 $ 710 ROU assets obtained in exchange for lease obligations: Operating leases $ 138 $ 2,037

Mortgage Banking Income

Mortgage Banking Income	6 Months Ended
Mortgage Banking Income	Mar. 31, 2022
Mortgage Banking Income
Mortgage Banking Income	16. Mortgage Banking Income The components of mortgage banking income for the three- and six-month periods ended March 31, 2022 and 2021 were as follows: Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousands) Origination and sale of mortgage loans (1) $ (118) $ 16,770 $ 4,537 $ 59,478 Mortgage brokerage income 207 186 538 201 Net change in fair value of loans held for sale and interest rate lock commitments (7,206) (19,570) (7,428) (21,987) Realized and unrealized hedging gains (losses) 12,312 18,977 13,007 11,614 Capitalized residential mortgage loan servicing rights 3,346 14,611 7,850 27,483 Net change in fair value of residential mortgage loan servicing rights 5,556 (876) 6,231 (3,941) Provisions for loan repurchases and indemnifications (78) (111) (92) (574) Servicing income 2,235 1,482 4,355 2,424 Total mortgage banking income $ 16,254 $ 31,469 $ 28,998 $ 74,698 (1) Includes origination fees and realized gains and losses on the sale of mortgage loans in the secondary market.

Loss Contingency

Loss Contingency	6 Months Ended
Loss Contingency	Mar. 31, 2022
Loss Contingency
Loss Contingency	17. Loss Contingency The Bank received notice of a class action lawsuit on March 23, 2021 regarding its policy and practice of assessing customer fees related to items presented on accounts with insufficient funds (NSF items). The Company has reached a verbal settlement agreement with the claimant, and the Company has accrued a loss contingency for this pending settlement at March 31, 2022, the amount of which had an immaterial effect on the consolidated financial statements.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
Investment Securities (Tables)	Mar. 31, 2022
Investment Securities
Schedule of Amortized Cost and Securities Available For Sale	The amortized cost of securities available for sale and held to maturity and their approximate fair values are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gain Losses Value (In thousands) March 31, 2022: Securities available for sale: U.S. Treasury bills and notes $ 30,740 $ 165 $ 168 $ 30,737 Agency mortgage-backed 27,854 186 416 27,624 Agency CMO 12,272 5 308 11,969 Privately-issued CMO 677 17 8 686 Privately-issued ABS 639 31 4 666 SBA certificates 1,988 3 17 1,974 Municipal bonds 210,511 3,699 4,876 209,334 Total securities available for sale $ 284,681 $ 4,106 $ 5,797 $ 282,990 Securities held to maturity: Agency mortgage-backed $ 53 $ 2 $ — $ 55 Municipal bonds 1,631 93 — 1,724 Total securities held to maturity $ 1,684 $ 95 $ — $ 1,779 Gross Gross Amortized Unrealized Unrealized Fair Cost Gain Losses Value (In thousands) September 30, 2021: Securities available for sale: U.S. Treasury bills $ 250 $ — $ — $ 250 Agency mortgage-backed 8,143 293 52 8,384 Agency CMO 13,315 235 20 13,530 Privately-issued CMO 729 81 7 803 Privately-issued ABS 721 51 — 772 SBA certificates 2,157 2 21 2,138 Municipal bonds 170,102 11,055 353 180,804 Total securities available for sale $ 195,417 $ 11,717 $ 453 $ 206,681 Securities held to maturity: Agency mortgage-backed $ 64 $ 5 $ — $ 69 Municipal bonds 1,773 212 — 1,985 Total securities held to maturity $ 1,837 $ 217 $ — $ 2,054
Schedule of Amortized Cost and Fair Value of Investment Securities by Contractual Maturity	The amortized cost and fair value of investment securities as of March 31, 2022 by contractual maturity are shown below. CMO, ABS, SBA certificates, and mortgage-backed securities which do not have a single maturity date are shown separately. Available for Sale Held to Maturity Amortized Fair Amortized Fair Cost Value Cost Value (In thousands) Due within one year $ 7,961 $ 8,024 $ 242 $ 254 Due after one year through five years 27,237 27,648 852 896 Due after five years through ten years 64,795 65,386 537 574 Due after ten years 141,258 139,013 — — CMO 12,949 12,655 — — ABS 639 666 — — SBA certificates 1,988 1,974 — — Mortgage-backed securities 27,854 27,624 53 55 $ 284,681 $ 282,990 $ 1,684 $ 1,779
Schedule of Investment Securities With Gross Unrealized Losses	Information pertaining to investment securities with gross unrealized losses at March 31, 2022 and September 30, 2021, aggregated by investment category and the length of time that individual securities have been in a continuous loss position, follows: Number of Gross Investment Fair Unrealized Positions Value Losses (Dollars in thousands) March 31, 2022: Securities available for sale: Continuous loss position less than twelve months: U.S. Treasury bills and notes 7 $ 11,527 $ 168 Agency mortgage-backed 5 11,934 139 Agency CMO 10 9,492 194 Municipal bonds 82 60,777 4,703 Total less than twelve months 104 93,730 5,204 Continuous loss position more than twelve months: Agency mortgage-backed 1 2,667 277 Agency CMO 2 1,343 114 Privately-issued CMO 1 22 8 Privately-issued ABS 1 330 4 SBA certificates 2 1,936 17 Municipal bonds 1 1,827 173 Total more than twelve months 8 8,125 593 Total securities available for sale 112 $ 101,855 $ 5,797 September 30, 2021: Securities available for sale: Continuous loss position less than twelve months: Agency mortgage-backed securities 1 $ 3,056 $ 52 Agency CMO 2 1,466 20 SBA certificates 1 2,013 20 Municipal bonds 18 13,904 254 Total less than twelve months 22 20,439 346 Continuous loss position more than twelve months: Privately-issued CMO 1 23 7 SBA certificates 1 88 1 Municipal bonds 1 1,902 99 Total more than twelve months 3 2,013 107 Total securities available for sale 25 $ 22,452 $ 453

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
Loans and Allowance for Loan Losses (Tables)	Mar. 31, 2022
Loans and Allowance for Loan Losses
Schedule of Loans	Loans at March 31, 2022 and September 30, 2021 consisted of the following: March 31, September 30, 2022 2021 (In thousands) Real estate mortgage: 1-4 family residential $ 288,118 $ 241,425 Commercial 153,814 149,600 Single tenant net lease 436,530 403,692 SBA 61,826 62,805 Multifamily residential 35,339 40,324 Residential construction 11,359 8,330 Commercial construction 3,369 2,717 Land and land development 12,144 10,217 Commercial business 71,108 59,883 SBA commercial business (1) 35,276 80,400 Consumer 31,566 30,563 Total loans 1,140,449 1,089,956 Deferred loan origination fees and costs, net (2) 844 281 Allowance for loan losses (14,475) (14,301) Loans, net $ 1,126,818 $ 1,075,936 (1) Includes $13.4 million and $56.7 million of loans originated under the SBA’s Paycheck Protection Program (“PPP”) at March 31, 2022 and September 30, 2021, respectively. (2) Includes $158,000 and $757,000 of net deferred loan fees related to PPP loans as of March 31, 2022 and September 30, 2021, respectively.
Schedule of Components of Recorded Investment in Loans	The following table provides the components of the recorded investment in loans as of March 31, 2022: Principal Accrued Net Deferred Recorded Loan Interest Loan Origination Investment Recorded Investment in Loans: Balance Receivable Fees and Costs in Loans (In thousands) Residential real estate $ 288,118 $ 972 $ 51 $ 289,141 Commercial real estate 153,814 438 (245) 154,007 Single tenant net lease 436,530 1,523 (65) 437,988 SBA commercial real estate 61,826 429 1,069 63,324 Multifamily 35,339 65 (41) 35,363 Residential construction 11,359 21 (51) 11,329 Commercial construction 3,369 9 (30) 3,348 Land and land development 12,144 26 (16) 12,154 Commercial business 71,108 227 49 71,384 SBA commercial business 35,276 345 140 35,761 Consumer 31,566 133 (17) 31,682 $ 1,140,449 $ 4,188 $ 844 $ 1,145,481 Individually Collectively Recorded Evaluated for Evaluated for Investment in Recorded Investment in Loans as Evaluated for Impairment: Impairment Impairment Loans (In thousands) Residential real estate $ 2,553 $ 286,588 $ 289,141 Commercial real estate 966 153,041 154,007 Single tenant net lease — 437,988 437,988 SBA commercial real estate 6,855 56,469 63,324 Multifamily 372 34,991 35,363 Residential construction — 11,329 11,329 Commercial construction — 3,348 3,348 Land and land development — 12,154 12,154 Commercial business 1,142 70,242 71,384 SBA commercial business 924 34,837 35,761 Consumer 261 31,421 31,682 $ 13,073 $ 1,132,408 $ 1,145,481 The following table provides the components of the recorded investment in loans as of September 30, 2021: Net Deferred Accrued Loan Recorded Principal Loan Interest Origination Investment Recorded Investment in Loans: Balance Receivable Fees and Costs in Loans (In thousands) Residential real estate $ 241,425 $ 821 $ 24 $ 242,270 Commercial real estate 149,600 563 (208) 149,955 Single tenant net lease 403,692 1,369 (123) 404,938 SBA commercial real estate 62,805 475 1,106 64,386 Multifamily 40,324 76 (47) 40,353 Residential construction 8,330 14 (49) 8,295 Commercial construction 2,717 6 (28) 2,695 Land and land development 10,217 18 (6) 10,229 Commercial business 59,883 171 49 60,103 SBA commercial business 80,400 791 (420) 80,771 Consumer 30,563 94 (17) 30,640 $ 1,089,956 $ 4,398 $ 281 $ 1,094,635 Individually Collectively Recorded Evaluated for Evaluated for Investment in Recorded Investment in Loans as Evaluated for Impairment: Impairment Impairment Loans (In thousands) Residential real estate $ 3,067 $ 239,203 $ 242,270 Commercial real estate 1,021 148,934 149,955 Single tenant net lease — 404,938 404,938 SBA commercial real estate 9,153 55,233 64,386 Multifamily 482 39,871 40,353 Residential construction — 8,295 8,295 Commercial construction — 2,695 2,695 Land and land development — 10,229 10,229 Commercial business 1,476 58,627 60,103 SBA commercial business 1,296 79,475 80,771 Consumer 248 30,392 30,640 $ 16,743 $ 1,077,892 $ 1,094,635
Schedule of Allowance for Loan Losses	The following table presents the balance in the allowance for loan losses by portfolio segment and based on impairment method as of March 31, 2022 and September 30, 2021: Individually Collectively Evaluated for Evaluated for Ending Impairment Impairment Balance (In thousands) March 31, 2022: Residential real estate $ 33 $ 1,312 $ 1,345 Commercial real estate — 2,451 2,451 Single tenant net lease — 2,619 2,619 SBA commercial real estate 201 3,432 3,633 Multifamily — 353 353 Residential construction — 233 233 Commercial construction — 67 67 Land and land development — 243 243 Commercial business — 1,303 1,303 SBA commercial business 441 1,334 1,775 Consumer — 453 453 $ 675 $ 13,800 $ 14,475 September 30, 2021: Residential real estate $ — $ 1,438 $ 1,438 Commercial real estate — 2,806 2,806 Single tenant net lease — 2,422 2,422 SBA commercial real estate 114 3,361 3,475 Multifamily — 518 518 Residential construction — 191 191 Commercial construction — 63 63 Land and land development — 235 235 Commercial business — 1,284 1,284 SBA commercial business 18 1,328 1,346 Consumer 1 522 523 $ 133 $ 14,168 $ 14,301 The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2022 and 2021: Beginning Balance Provisions (Credits) Charge-Offs Recoveries Ending Balance (In thousands) March 31, 2022: Residential real estate $ 1,336 $ 6 $ — $ 3 $ 1,345 Commercial real estate 2,511 (60) — — 2,451 Single tenant net lease 2,767 (148) — — 2,619 SBA commercial real estate 3,722 (70) (19) — 3,633 Multifamily 441 (88) — — 353 Residential construction 209 24 — — 233 Commercial construction 80 (13) — — 67 Land and land development 221 22 — — 243 Commercial business 1,240 4 — 59 1,303 SBA commercial business 1,769 281 (284) 9 1,775 Consumer 484 12 (52) 9 453 $ 14,780 $ (30) $ (355) $ 80 $ 14,475 March 31, 2021: Residential real estate $ 1,176 $ 442 $ — $ 4 $ 1,622 Commercial real estate 3,007 53 — — 3,060 Single tenant net lease 3,233 116 — — 3,349 SBA commercial real estate 3,624 178 — — 3,802 Multifamily 713 97 — — 810 Residential construction 149 (13) — — 136 Commercial construction 212 27 — — 239 Land and land development 300 (17) — — 283 Commercial business 1,487 45 — 4 1,536 SBA commercial business 1,536 3 — 10 1,549 Consumer 1,687 (644) (22) 12 1,033 $ 17,124 $ 287 $ (22) $ 30 $ 17,419 The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended March 31, 2022 and 2021: Beginning Provisions Ending Balance (Credits) Charge-Offs Recoveries Balance (In thousands) March 31, 2022: Residential real estate $ 1,438 $ (76) $ (23) $ 6 $ 1,345 Commercial real estate 2,806 (355) — — 2,451 Single tenant net lease 2,422 197 — — 2,619 SBA commercial real estate 3,475 197 (39) — 3,633 Multifamily 518 (165) — — 353 Residential construction 191 42 — — 233 Commercial construction 63 4 — — 67 Land and land development 235 8 — — 243 Commercial business 1,284 (40) — 59 1,303 SBA commercial business 1,346 682 (284) 31 1,775 Consumer 523 2 (90) 18 453 $ 14,301 $ 496 $ (436) $ 114 $ 14,475 March 31, 2021: Residential real estate $ 1,255 $ 363 $ (5) $ 9 $ 1,622 Commercial real estate 3,058 2 — — 3,060 Single tenant net lease 3,017 332 — — 3,349 SBA commercial real estate 4,154 163 (522) 7 3,802 Multifamily 772 38 — — 810 Residential construction 243 (107) — — 136 Commercial construction 181 58 — — 239 Land and land development 243 40 — — 283 Commercial business 1,449 82 — 5 1,536 SBA commercial business 1,539 (10) — 20 1,549 Consumer 1,115 (6) (97) 21 1,033 $ 17,026 $ 955 $ (624) $ 62 $ 17,419
Schedule of Impaired Loans Individually Evaluated for Impairment	The following table presents impaired loans individually evaluated for impairment as of March 31, 2022 and for the three and six-months ended March 31, 2022 and 2021. The Company did not recognize any interest income on impaired loans using the cash receipts method during the three and six-month periods ended March 31, 2022 and 2021. At March 31, 2022 Three Months Ended March 31, Six Months Ended March 31, 2022 2022 2021 2021 2022 2022 2021 2021 Unpaid Average Interest Average Interest Average Interest Average Interest Recorded Principal Related Recorded Income Recorded Income Recorded Income Recorded Income Investment Balance Allowance Investment Recognized Investment Recognized Investment Recognized Investment Recognized (In thousands) Loans with no related allowance recorded: Residential real estate $ 2,297 $ 2,723 $ — $ 3,467 $ 29 $ 4,503 $ 11 $ 3,412 $ 29 $ 4,899 $ 38 Commercial real estate 966 1,035 — 1,051 14 1,161 9 1,065 14 1,169 15 Single tenant net lease — — — — — — — — — — — SBA commercial real estate 6,445 7,434 — 7,244 — 2,755 — 7,798 — 2,229 — Multifamily 372 415 — 419 2 693 — 423 2 696 — Residential construction — — — — — — — — — — — Commercial construction — — — — — — — — — — — Land and land development — — — — — 1 — — — 1 — Commercial business 1,142 1,243 — 1,353 8 1,712 1 1,422 8 1,700 1 SBA commercial business 339 835 — 476 — 416 — 484 — 416 — Consumer 122 115 — 100 1 97 — 97 1 86 1 $ 11,683 $ 13,800 $ — $ 14,110 $ 54 $ 11,338 $ 21 $ 14,701 $ 54 $ 11,196 $ 55 Loans with an allowance recorded: Residential real estate $ 255 $ 255 $ 33 $ 380 $ — $ 88 $ — $ 254 $ — $ 117 $ — Commercial real estate — — — — — — — — — — — Single tenant net lease — — — — — — — — — — — SBA commercial real estate 410 512 201 797 — 3,548 — 854 — 4,394 — Multifamily — — — — — — — — — — — Residential construction — — — — — — — — — — — Commercial construction — — — — — — — — — — — Land and land development — — — — — — — — — — — Commercial business — — — — — 2 — — — 2 — SBA commercial business 586 536 441 477 — 410 — 325 — 406 — Consumer 139 139 — 139 — 220 — 138 — 193 — $ 1,390 $ 1,442 $ 675 $ 1,793 $ — $ 4,268 $ — $ 1,571 $ — $ 5,112 $ — Total: Residential real estate $ 2,552 $ 2,978 $ 33 $ 3,847 $ 29 $ 4,591 $ 11 $ 3,666 $ 29 $ 5,016 $ 38 Commercial real estate 966 1,035 — 1,051 14 1,161 9 1,065 14 1,169 15 Single tenant net lease — — — — — — — — — — — SBA commercial real estate 6,855 7,946 201 8,041 — 6,303 — 8,652 — 6,623 — Multifamily 372 415 — 419 2 693 — 423 2 696 — Residential construction — — — — — — — — — — — Commercial construction — — — — — — — — — — — Land and land development — — — — — 1 — — — 1 — Commercial business 1,142 1,243 — 1,353 8 1,714 1 1,422 8 1,702 1 SBA commercial business 925 1,371 441 953 — 826 — 809 — 822 — Consumer 261 254 — 239 1 317 — 235 1 279 1 $ 13,073 $ 15,242 $ 675 $ 15,903 $ 54 $ 15,606 $ 21 $ 16,272 $ 54 $ 16,308 $ 55 The following table presents impaired loans individually evaluated for impairment as of September 30, 2021. Unpaid Recorded Principal Related Investment Balance Allowance (In thousands) Loans with no related allowance recorded: Residential real estate $ 3,002 $ 3,551 $ — Commercial real estate 1,021 1,092 — Single tenant net lease — — — SBA commercial real estate 8,184 8,873 — Multifamily 482 539 — Residential construction — — — Commercial construction — — — Land and land development — — — Commercial business 1,476 1,559 — SBA commercial business 1,278 1,534 — Consumer 103 97 — $ 15,546 $ 17,245 $ — Loans with an allowance recorded: Residential real estate $ 65 $ 65 $ — Commercial real estate — — — Single tenant net lease — — — SBA commercial real estate 969 1,394 114 Multifamily — — — Residential construction — — — Commercial construction — — — Land and land development — — — Commercial business — — — SBA commercial business 18 21 18 Consumer 145 144 1 $ 1,197 $ 1,624 $ 133 Total: Residential real estate $ 3,067 $ 3,616 $ — Commercial real estate 1,021 1,092 — Single tenant net lease — — — SBA commercial real estate 9,153 10,267 114 Multifamily 482 539 — Residential construction — — — Commercial construction — — — Land and land development — — — Commercial business 1,476 1,559 — SBA commercial business 1,296 1,555 18 Consumer 248 241 1 $ 16,743 $ 18,869 $ 133
Schedule of Nonperforming Loans	Nonperforming loans consist of nonaccrual loans and loans over 90 days past due and still accruing interest. The following table presents the recorded investment in nonperforming loans at March 31, 2022 and September 30, 2021: At March 31, 2022 At September 30, 2021 Loans 90+ Loans 90+ Days Total Days Total Nonaccrual Past Due Nonperforming Nonaccrual Past Due Nonperforming Loans Still Accruing Loans Loans Still Accruing Loans (In thousands) Residential real estate $ 1,488 $ — $ 1,488 $ 1,894 $ — $ 1,894 Commercial real estate 559 — 559 599 — 599 Single tenant net lease — — — — — — SBA commercial real estate 6,855 — 6,855 9,153 472 9,625 Multifamily — — — 482 — 482 Residential construction — — — — — — Commercial construction — — — — — — Land and land development — — — — — — Commercial business 2 — 2 1,370 — 1,370 SBA commercial business 925 — 925 1,296 — 1,296 Consumer 227 — 227 206 — 206 Total $ 10,056 $ — $ 10,056 $ 15,000 $ 472 $ 15,472
Schedule of Aging of Recorded Investment in Past Due Loans	The following table presents the aging of the recorded investment in past due loans at March 31, 2022: 30-59 Days 60-89 Days 90+ Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) Residential real estate $ 715 $ — $ 473 $ 1,188 $ 287,953 $ 289,141 Commercial real estate — 2 560 562 153,445 154,007 Single tenant net lease — — — — 437,988 437,988 SBA commercial real estate — — 2,928 2,928 60,396 63,324 Multifamily — — — — 35,363 35,363 Residential construction — — — — 11,329 11,329 Commercial construction — — — — 3,348 3,348 Land and land development — — — — 12,154 12,154 Commercial business 71 — 2 73 71,311 71,384 SBA commercial business 243 — 361 604 35,157 35,761 Consumer 7 46 89 142 31,540 31,682 Total $ 1,036 $ 48 $ 4,413 $ 5,497 $ 1,139,984 $ 1,145,481 The following table presents the aging of the recorded investment in past due loans at September 30, 2021: 30-59 Days 60-89 Days 90+ Days Total Total Past Due Past Due Past Due Past Due Current Loans (In thousands) Residential real estate $ 818 $ 352 $ 347 $ 1,517 $ 240,753 $ 242,270 Commercial real estate — — 599 599 149,356 149,955 Single tenant net lease — — — — 404,938 404,938 SBA commercial real estate — 208 4,990 5,198 59,188 64,386 Multifamily — — — — 40,353 40,353 Residential construction — — — — 8,295 8,295 Commercial construction — — — — 2,695 2,695 Land and land development — — — — 10,229 10,229 Commercial business — — 3 3 60,100 60,103 SBA commercial business 18 104 848 970 79,801 80,771 Consumer 33 20 70 123 30,517 30,640 Total $ 869 $ 684 $ 6,857 $ 8,410 $ 1,086,225 $ 1,094,635
Schedule of Investment in Loans by Risk Category	Special March 31, 2022: Pass Mention Substandard Doubtful Loss Total (In thousands) Residential real estate $ 287,150 $ — $ 1,825 $ 166 $ — $ 289,141 Commercial real estate 153,231 — 776 — — 154,007 Single tenant net lease 437,988 — — — — 437,988 SBA commercial real estate 51,403 1,149 9,112 1,660 — 63,324 Multifamily 34,991 — 372 — — 35,363 Residential construction 11,329 — — — — 11,329 Commercial construction 3,348 — — — — 3,348 Land and land development 12,154 — — — — 12,154 Commercial business 70,215 — 1,169 — — 71,384 SBA commercial business 32,233 — 3,483 45 — 35,761 Consumer 31,593 — 89 — — 31,682 Total $ 1,125,635 $ 1,149 $ 16,826 $ 1,871 $ — $ 1,145,481 The following table presents the recorded investment in loans by risk category as of September 30, 2021: Special September 30, 2021: Pass Mention Substandard Doubtful Loss Total (In thousands) Residential real estate $ 240,078 $ — $ 2,018 $ 174 $ — $ 242,270 Commercial real estate 143,031 4,059 2,865 — — 149,955 Single tenant net lease 404,938 — — — — 404,938 SBA commercial real estate 45,465 5,343 10,339 3,239 — 64,386 Multifamily 39,871 — 482 — — 40,353 Residential construction 8,295 — — — — 8,295 Commercial construction 2,695 — — — — 2,695 Land and land development 10,229 — — — — 10,229 Commercial business 58,583 — 1,520 — — 60,103 SBA commercial business 70,019 6,914 3,808 30 — 80,771 Consumer 30,570 — 70 — — 30,640 Total $ 1,053,774 $ 16,316 $ 21,102 $ 3,443 $ — $ 1,094,635
Schedule of information regarding TDRs that were restructured	The following table summarizes the Company’s recorded investment in TDRs at March 31, 2022 and September 30, 2021. There was no specific reserve included in the allowance for loan losses related to TDRs at March 31, 2022 and September 30, 2021. Accruing Nonaccrual Total (In thousands) March 31, 2022: Residential real estate $ 1,064 $ — $ 1,064 Commercial real estate 407 451 858 SBA commercial real estate — 1,627 1,627 Multifamily 372 — 372 Commercial business 1,140 — 1,140 Consumer 34 — 34 Total $ 3,017 $ 2,078 $ 5,095 September 30, 2021: Residential real estate $ 1,173 $ — $ 1,173 Commercial real estate 422 465 887 SBA commercial real estate — 3,240 3,240 Multifamily — 482 482 Commercial business 106 1,367 1,473 Consumer 42 — 42 Total $ 1,743 $ 5,554 $ 7,297 Pre-Modification Post-Modification Number of Loans Principal Balance Principal Balance (Dollars in thousands) Three Months Ended March 31, 2021: Commercial business 1 $ 126 $ 126 Total 1 $ 126 $ 126 Six Months Ended March 31, 2021: Commercial business 1 $ 126 $ 126 Total 1 $ 126 $ 126
SBA Loan Servicing Rights [Member]
Loans and Allowance for Loan Losses
Schedule of Loan Servicing Rights	An analysis of SBA loan servicing rights for the three- and six-month periods ended March 31, 2022 and 2021 is as follows: Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousands) Balance, beginning of period $ 4,429 $ 3,722 $ 4,447 $ 3,748 Servicing rights capitalized 314 746 660 1,072 Amortization (264) (175) (552) (376) Direct write-offs (79) (92) (114) (275) Change in valuation allowance 47 (79) 6 (47) Balance, end of period $ 4,447 $ 4,122 $ 4,447 $ 4,122
Mortgage Servicing Rights.
Loans and Allowance for Loan Losses
Schedule of Loan Servicing Rights	Changes in the carrying value of MSRs accounted for at fair value for the three- and six-month periods ended March 31, 2022 and 2021 were as follows: Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousands) Fair value, beginning of period $ 54,758 $ 31,510 $ 49,579 $ 21,703 Servicing rights capitalized 3,346 14,611 7,850 27,483 Changes in fair value related to: Loan repayments (1,930) (2,733) (4,422) (4,549) Change in valuation model inputs or assumptions 7,485 1,857 10,652 608 Balance, end of period $ 63,660 $ 45,245 $ 63,660 $ 45,245
Schedule of Key Assumptions Used to Estimate The Fair Value	Range of Assumption Range of Assumption (Weighted Average) (Weighted Average) Assumption March 31, 2022 September 30, 2021 Discount rate 8.50% to 13.50% ( 8.50% to 10.00% (8.51%) Prepayment rate 6.01% to 33.95% (6.42%) 6.04% to 43.27% (10.00%)
Nonresidential MSR
Loans and Allowance for Loan Losses
Schedule of Loan Servicing Rights	An analysis of nonresidential MSRs for the three- and six-month periods ended March 31, 2022 is as follows: Three Months Ended Six Months Ended March 31, 2022 March 31, 2022 (In thousands) Balance, beginning of period $ — $ — Servicing rights capitalized 160 160 Amortization — — Direct write-offs — — Change in valuation allowance — — Balance, end of period $ 160 $ 160

Deposits (Tables)

Deposits (Tables)	6 Months Ended
Deposits (Tables)	Mar. 31, 2022
Deposits
Schedule of deposits	Deposits at March 31, 2022 and September 30, 2021 consisted of the following: March 31, September 30, 2022 2021 (In thousands) Noninterest-bearing demand deposits $ 311,738 $ 291,039 NOW accounts 319,817 315,169 Money market accounts 221,332 222,972 Savings accounts 173,794 162,033 Retail time deposits 124,756 136,309 Brokered time deposits — 70,058 Reciprocal time deposits 69,752 30,000 Total $ 1,221,189 $ 1,227,580

Supplemental Disclosure for N_2

Supplemental Disclosure for Net Income Per Share (Tables)	6 Months Ended
Supplemental Disclosure for Net Income Per Share (Tables)	Mar. 31, 2022
Supplemental Disclosure for Net Income Per Share
Schedule of net income per share information	Net income per share information is presented below for the three- and six-month periods ended March 31, 2022 and 2021. All share and per share amounts have been adjusted to reflect the three-for-one stock split effective September 15, 2021. Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (Dollars in thousands, except per share data) Basic: Earnings: Net income attributable to First Savings Financial Group, Inc. $ 7,035 $ 10,487 $ 11,340 $ 20,410 Shares: Weighted average common shares outstanding, basic 7,076,355 7,108,926 7,086,739 7,105,014 Net income per common share, basic $ 0.99 $ 1.48 $ 1.60 $ 2.87 Diluted: Earnings: Net income attributable to First Savings Financial Group, Inc. $ 7,035 $ 10,487 $ 11,340 $ 20,410 Shares: Weighted average common shares outstanding, basic 7,076,355 7,108,926 7,086,739 7,105,014 Add: Dilutive effect of outstanding options 75,790 49,089 78,506 45,792 Add: Dilutive effect of restricted stock 4,084 6,174 8,465 8,319 Weighted average common shares outstanding, as adjusted 7,156,229 7,164,189 7,173,710 7,159,125 Net income per common share, diluted $ 0.98 $ 1.46 $ 1.58 $ 2.85

Supplemental Disclosures of C_2

Supplemental Disclosures of Cash Flow Information (Tables)	6 Months Ended
Supplemental Disclosures of Cash Flow Information (Tables)	Mar. 31, 2022
Supplemental Disclosures of Cash Flow Information
Schedule of supplemental disclosures of cash flow information	Six Months Ended March 31, 2022 2021 (In thousands) Cash payments for: Interest $ 3,623 $ 4,170 Income taxes (net of refunds received) 48 8,659 Noncash investing and financing activities: Transfers from loans to other real estate owned — 370 Noncash exercise of stock options — 48

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments (Tables)	6 Months Ended
	Mar. 31, 2022
Fair Value Measurements and Disclosures about Fair Value of Financial Instruments
Schedule of financial assets and liabilities measured at fair value on a recurring and nonrecurring basis	Carrying Value Level 1 Level 2 Level 3 Total (In thousands) March 31, 2022: Assets Measured – Recurring Basis: Securities available for sale: U.S. Treasury bills and notes $ — $ 30,737 $ — $ 30,737 Agency mortgage-backed — 27,624 — 27,624 Agency CMO — 11,969 — 11,969 Privately-issued CMO — 686 — 686 Privately-issued ABS — 666 — 666 SBA certificates — 1,974 — 1,974 Municipal — 209,334 — 209,334 Total securities available for sale $ — $ 282,990 $ — $ 282,990 Residential mortgage loans held for sale $ — $ 98,640 $ — $ 98,640 Derivative assets (included in other assets) $ — $ 4,835 $ 520 $ 5,355 Equity securities (included in other assets) $ 112 $ — $ — $ 112 Residential mortgage servicing rights $ — $ — $ 63,660 $ 63,660 Liabilities Measured – Recurring Basis: Derivative liabilities (included in other liabilities) $ — $ 78 $ 3,443 $ 3,521 Assets Measured – Nonrecurring Basis: Impaired loans: Residential real estate $ — $ — $ 222 $ 222 Commercial real estate — — — — SBA commercial real estate — — 209 209 Multifamily — — — — Commercial business — — — — SBA commercial business — — 145 145 Consumer — — — — Total impaired loans $ — $ — $ 576 $ 576 Carrying Value Level 1 Level 2 Level 3 Total (In thousands) September 30, 2021: Assets Measured – Recurring Basis Securities available for sale: U.S. Treasury bills and notes $ — $ 250 $ — $ 250 Agency mortgage-backed — 8,384 — 8,384 Agency CMO — 13,530 — 13,530 Privately-issued CMO — 803 — 803 Privately-issued ABS — 772 — 772 SBA certificates — 2,138 — 2,138 Municipal bonds — 180,804 — 180,804 Total securities available for sale $ — $ 206,681 $ — $ 206,681 Residential mortgage loans held for sale $ — $ 167,813 $ — $ 167,813 Derivative assets (included in other assets) $ — $ 1,465 $ 2,167 $ 3,632 Equity securities (included in other assets) $ 112 $ — $ — $ 112 Residential mortgage servicing rights $ — $ — $ 49,579 $ 49,579 Liabilities Measured – Recurring Basis Derivative liabilities (included in other liabilities) $ — $ 35 $ 600 $ 635 Assets Measured – Nonrecurring Basis Impaired loans: Residential real estate $ — $ — $ 71 $ 71 Commercial real estate — — — — SBA commercial real estate — — 4,169 4,169 Multifamily — — — — Commercial business — — — — SBA commercial business — — — — Consumer — — 8 8 Total impaired loans $ — $ — $ 4,248 $ 4,248 SBA loan servicing rights $ — $ — $ 1,184 $ 1,184
Schedule of reconciliation of derivative assets and liabilities measured at fair value on a recurring basis, Unobservable Input (Level 3)	The table below presents a reconciliation of derivative assets and liabilities (interest rate lock commitments) measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three - and six-month periods ended March 31, 2022 and 2021: Three Months Ended Six Months Ended March 31, March 31, (In thousands) 2022 2021 2022 2021 Beginning balance $ 1,740 $ 11,415 $ 1,567 $ 14,937 Unrealized losses recognized in earnings, net of settlements (4,663) (11,153) (4,490) (14,675) Ending balance $ (2,923) $ 262 $ (2,923) $ 262
Schedule of significant unobservable inputs (Level 3) used in the valuation of derivative financial instruments measured at fair value on a recurring basis	Range of Inputs Range of Inputs Significant (Weighted Average) (Weighted Average) Unobservable March 31, September 30, Financial Instrument Inputs 2022 2021 Interest rate lock commitments Pull-through rate 50% - 100% (88%) 58% - 100% (83%) Direct costs to close 0.29% - 1.64% (0.63%) 0.37% - 1.74% (0.86%)
Schedule of aggregate fair value and the aggregate remaining principal balance for residential mortgage loans held for sale	The table below presents the difference between the aggregate fair value and the aggregate remaining principal balance for residential mortgage loans held for sale for which the fair value option had been elected as of March 31, 2022 and September 30, 2021. Aggregate Aggregate Principal Fair Value Balance (In thousands) March 31, 2022 March 31, 2022 Difference Residential mortgage loans held for sale $ 98,640 $ 98,476 $ 164 Aggregate Aggregate Principal Fair Value Balance September 30, September 30, (In thousands) 2021 2021 Difference Residential mortgage loans held for sale $ 167,813 $ 163,158 $ 4,655
Schedule of gains and losses and interest included in earnings related to financial assets measured at fair value under the fair value option	The table below presents gains and losses and interest included in earnings related to financial assets measured at fair value under the fair value option for the three-and six-month periods ended March 31, 2022 and 2021: Three Months Ended Six Months Ended March 31, March 31, (In thousands) 2022 2021 2022 2021 Gains (losses) – included in mortgage banking income $ (2,544) $ (8,417) $ (921) $ 191 Interest income 959 1,431 1,953 3,264 $ (1,585) $ (6,986) $ 1,032 $ 3,455
Schedule of carrying value and estimated fair value of financial instruments and the level within the fair value hierarchy in which the fair value measurements fall	Carrying Fair Value Measurements Using: Amount Level 1 Level 2 Level 3 (In thousands) March 31, 2022: Financial assets: Cash and due from banks $ 13,365 $ 13,365 $ — $ — Interest-bearing deposits with banks 17,740 17,740 — — Interest-bearing time deposits 1,770 — 1,770 — Securities available for sale 282,990 — 282,990 — Securities held to maturity 1,684 — 1,779 — Residential mortgage loans held for sale 98,640 — 98,640 — Single tenant net lease loans held for sale 38,225 — — 38,225 SBA loans held for sale 15,787 — — 17,858 Loans, net 1,126,818 — — 1,159,903 FRB and FHLB stock 18,667 N/A N/A N/A Accrued interest receivable 6,273 — 6,273 — Residential mortgage loan servicing rights 63,660 — — 63,660 Nonresidential mortgage loan servicing rights 160 — — 160 SBA loan servicing rights 4,447 — — 4,902 Derivative assets (included in other assets) 5,355 — 4,835 520 Equity securities (included in other assets) 112 112 — — Financial liabilities: Deposits 1,221,189 — — 1,219,521 Borrowings from FHLB 296,592 — 294,587 — Subordinated note 50,184 — 52,172 — Accrued interest payable 282 — 282 — Advance payments by borrowers for taxes and insurance 1,392 — 1,392 — Derivative liabilities (included in other liabilities) 3,521 — 78 3,443 Carrying Fair Value Measurements Using: Amount Level 1 Level 2 Level 3 (In thousands) September 30, 2021: Financial assets: Cash and due from banks $ 14,191 $ 14,191 $ — $ — Interest-bearing deposits with banks 19,237 19,237 — — Interest-bearing time deposits 2,222 — 2,222 — Securities available for sale 206,681 — 206,681 — Securities held to maturity 1,837 — 2,054 — Residential mortgage loans held for sale 167,813 — 167,813 — Single tenant net lease loans held for sale 23,020 — — 23,020 SBA loans held for sale 24,107 — 27,312 — Loans, net 1,075,936 — — 1,124,226 FRB and FHLB stock 19,258 N/A N/A N/A Accrued interest receivable 6,243 — 6,243 — Residential mortgage loan servicing rights 49,579 — — 49,579 SBA loan servicing rights 4,447 — — 4,646 Derivative assets (included in other assets) 3,632 — 1,465 2,167 Equity securities (included in other assets) 112 112 — — Financial liabilities: Deposits 1,227,580 — — 1,228,147 Borrowings from FHLB 250,000 — 251,877 — Subordinated note 19,865 — 21,083 — Accrued interest payable 258 — 258 — Advance payments by borrowers for taxes and insurance 2,076 — 2,076 — Derivative liabilities (included in other liabilities) 635 — 35 600

Stock Based Compensation Plans

Stock Based Compensation Plans (Tables)	6 Months Ended
Stock Based Compensation Plans (Tables)	Mar. 31, 2022
Stock Based Compensation Plans
Schedule of fair value of options granted	The fair value of options granted during the six-month period ended March 31, 2022 was determined using the following assumptions: Expected dividend yield 2.32 % Risk-free interest rate 1.55 % Expected volatility 27.0 % Expected life of options 7.1 years Weighted average fair value at grant date $ 7.03
Schedule of stock option activity	A summary of stock option activity as of March 31, 2022, and changes during the six-month period then ended is presented below. Weighted Average Remaining Weighted Contractual Aggregate Number of Average Term Intrinsic Shares Exercise Price (Years) Value (Dollars in thousands, except per share data) Outstanding at beginning of period 217,074 $ 16.58 Granted 137,250 26.72 Exercised — — Forfeited or expired — — Outstanding at end of period 354,324 $ 20.51 7.2 $ 1,638 Vested and expected to vest 354,324 $ 20.51 7.2 $ 1,638 Exercisable at end of period 168,419 $ 15.11 5.1 $ 1,587
Schedule of nonvested restricted shares activity	A summary of the Company’s nonvested restricted shares activity as of March 31, 2022 and changes during the six-month period then ended is presented below. Weighted Number Average of Grant Date Shares Fair Value Nonvested at October 1, 2021 17,799 $ 16.72 Granted 45,750 $ 26.72 Vested (12,225) $ 14.88 Forfeited — $ — Nonvested at March 31, 2022 51,324 $ 26.07

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	6 Months Ended
Derivative Financial Instruments (Tables)	Mar. 31, 2022
Derivative Financial Instruments
Schedule of derivative financial instruments	The tables below provide information on the Company’s derivative financial instruments as of March 31, 2022 and September 30, 2021. Notional Asset Liability Amount Derivatives Derivatives (In thousands) March 31, 2022 March 31, 2022 March 31, 2022 Interest rate lock commitments $ 311,808 $ 520 $ 3,443 Forward mortgage loan sale contracts 249,750 4,835 78 $ 561,558 $ 5,355 $ 3,521 Notional Asset Liability Amount Derivatives Derivatives September 30, September 30, September 30, (In thousands) 2021 2021 2021 Interest rate lock commitments $ 331,178 $ 2,167 $ 600 Forward mortgage loan sale contracts 291,750 1,465 35 $ 622,928 $ 3,632 $ 635
Schedule of Income (loss) related to derivative financial instruments	Three Months Ended Six Months Ended March 31, March 31, (In thousands) 2022 2021 2022 2021 Interest rate lock commitments $ (4,663) $ (11,153) $ (4,490) $ (14,675) Forward mortgage loan sale contracts 12,311 18,977 13,007 11,614 $ 7,648 $ 7,824 $ 8,517 $ (3,061)

Regulatory Capital (Tables)

Regulatory Capital (Tables)	6 Months Ended
Regulatory Capital (Tables)	Mar. 31, 2022
Regulatory Capital
Schedule Of Actual capital amounts and ratios	Minimum To Be Well Minimum Capitalized Under For Capital Prompt Corrective Actual Adequacy Purposes: Action Provisions: Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of March 31, 2022: Total capital (to risk-weighted assets): Consolidated $ 224,520 14.63 % $ 122,767 8.00 % N/A N/A Bank 186,422 12.16 122,614 8.00 $ 153,268 10.00 % Tier 1 capital (to risk-weighted assets): Consolidated $ 159,861 10.42 % $ 92,075 6.00 % N/A N/A Bank 171,947 11.22 91,961 6.00 $ 122,614 8.00 % Common equity tier 1 capital (to risk-weighted assets): Consolidated $ 159,861 10.42 % $ 69,056 4.50 % N/A N/A Bank 171,947 11.22 68,970 4.50 $ 99,624 6.50 % Tier 1 capital (to average adjusted total assets): Consolidated $ 159,861 9.39 % $ 68,089 4.00 % N/A N/A Bank 171,947 10.06 68,358 4.00 $ 85,448 5.00 % As of September 30, 2021: Total capital (to risk-weighted assets): Consolidated $ 193,476 14.28 % $ 108,401 8.00 % N/A N/A Bank 183,885 13.60 108,156 8.00 $ 135,195 10.00 % Tier 1 capital (to risk-weighted assets): Consolidated $ 159,310 11.76 % $ 81,301 6.00 % N/A N/A Bank 169,584 12.54 81,117 6.00 $ 108,156 8.00 % Common equity tier 1 capital (to risk-weighted assets): Consolidated $ 159,310 11.76 % $ 60,976 4.50 % N/A N/A Bank 169,584 12.54 60,838 4.50 $ 87,877 6.50 % Tier 1 capital (to average adjusted total assets): Consolidated $ 159,310 9.73 % $ 65,480 4.00 % N/A N/A Bank 169,584 10.07 67,333 4.00 $ 84,166 5.00 %

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
Segment Reporting (Tables)	Mar. 31, 2022
Segment Reporting
Schedule of sum of the segment amounts and consolidated totals	Core SBA Mortgage Consolidated Banking Lending Banking Other Totals (In thousands) Three Months Ended March 31, 2022: Net interest income (loss) $ 12,210 $ 1,602 $ 564 $ (363) $ 14,013 Provision (credit) for loan losses (240) 210 — — (30) Net interest income (loss) after provision 12,450 1,392 564 (363) 14,043 Net gains on sales of loans, SBA — 1,327 — — 1,327 Mortgage banking income 2 — 16,252 — 16,254 Noninterest income 2,163 1,658 16,251 — 20,072 Noninterest expense (income) 9,824 2,253 13,397 (13) 25,461 Income (loss) before taxes 4,789 797 3,418 (350) 8,654 Income tax expense (benefit) 507 240 1,049 (177) 1,619 Segment profit (loss) 4,282 557 2,369 (173) 7,035 Non-cash items: Depreciation and amortization 535 8 42 45 630 Segment assets at March 31, 2022 1,603,253 112,618 178,613 (92,540) 1,801,944 Core SBA Mortgage Consolidated Banking Lending Banking Other Totals (In thousands) Six Months Ended March 31, 2022: Net interest income (loss) $ 24,016 $ 3,477 $ 1,097 $ (674) $ 27,916 Provision (credit) for loan losses (384) 880 — — 496 Net interest income (loss) after provision 24,400 2,597 1,097 (674) 27,420 Net gains on sales of loans, SBA — 2,963 — — 2,963 Mortgage banking income (2) — 29,000 — 28,998 Noninterest income 4,105 3,559 28,999 — 36,663 Noninterest expense (income) 19,363 4,489 26,531 (70) 50,313 Income (loss) before taxes 9,142 1,667 3,565 (604) 13,770 Income tax expense (benefit) 1,157 505 1,095 (327) 2,430 Segment profit (loss) 7,985 1,162 2,470 (277) 11,340 Non-cash items: Depreciation and amortization 1,069 16 90 61 1,236 Segment assets at March 31, 2022 1,603,253 112,618 178,613 (92,540) 1,801,944 Core SBA Mortgage Consolidated Banking Lending Banking Other Totals (In thousands) Three Months Ended March 31, 2021: Net interest income (loss) $ 11,422 $ 3,227 $ 439 $ (308) $ 14,780 Provision for loan losses 106 181 — — 287 Net interest income (loss) after provision 11,316 3,046 439 (308) 14,493 Net gains on sales of loans, SBA — 3,239 — — 3,239 Mortgage banking income 2 — 31,467 — 31,469 Noninterest income 1,490 3,407 34,076 — 38,973 Noninterest expense (income) 9,224 2,449 27,844 (233) 39,284 Income (loss) before taxes 3,582 4,004 6,671 (75) 14,182 Income tax expense (benefit) 633 1,005 2,183 (126) 3,695 Segment profit 2,949 2,999 4,488 51 10,487 Non-cash items: Depreciation and amortization 493 12 62 17 584 Segment assets at March 31, 2021 1,489,670 257,566 246,144 (242,771) 1,750,609 Core Banking SBA Lending Mortgage Banking Other Consolidated Totals (In thousands) Six Months Ended March 31, 2021: Net interest income (loss) $ 22,587 $ 5,374 $ 1,170 $ (612) $ 28,519 Provision for loan losses 808 147 — — 955 Net interest income (loss) after provision 21,779 5,227 1,170 (612) 27,564 Net gains on sales of loans, SBA — 4,506 — — 4,506 Mortgage banking income — — 74,698 — 74,698 Noninterest income 3,042 4,792 77,322 — 85,156 Noninterest expense (income) 17,510 5,195 61,388 (407) 83,686 Income (loss) before taxes 7,311 4,824 17,104 (205) 29,034 Income tax expense (benefit) 1,322 1,110 6,035 (245) 8,222 Segment profit (loss) 5,989 3,714 11,069 40 20,812 Non-cash items: Depreciation and amortization 954 23 121 34 1,132 Segment assets at March 31, 2021 1,489,670 257,566 246,144 (242,771) 1,750,609

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
Revenue from Contracts with Customers (Tables)	Mar. 31, 2022
Revenue from Contracts with Customers
Schedule of sources of noninterest income	Substantially all of the Company’s revenue from contracts with customers within the scope of FASB ASC 606 is included in the core banking segment and is recognized within noninterest income. The following table presents the Company’s sources of noninterest income for the three- and six-month periods ended March 31, 2022 and 2021: Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousand) Service charges on deposit accounts $ 433 $ 328 $ 867 $ 724 ATM and interchange fees 594 513 1,273 1,145 Investment advisory income 157 365 345 499 Other 34 32 58 55 Revenue from contracts with customers 1,218 1,238 2,543 2,423 Gain (loss) on securities (16) 27 — 38 Gain on sale of SBA loans 1,327 3,239 2,963 4,506 Gain on sale of single tenant net lease loans 557 — 719 — Mortgage banking income 16,254 31,469 28,998 74,698 Increase in cash value of life insurance 251 174 505 360 Real estate lease income 148 149 296 296 Loan servicing and other income 333 2,677 639 2,835 Other noninterest income 18,854 37,735 34,120 82,733 Total noninterest income $ 20,072 $ 38,973 $ 36,663 $ 85,156

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Mar. 31, 2022
Leases
Schedule of components of lease	Three Three Six Six Months Months Months Months Ended Ended Ended Ended March 31, March 31, March 31, March 31, 2022 2021 2022 2021 (In thousands) Operating lease cost $ 162 $ 260 $ 256 $ 634 Short-term lease cost 135 235 346 412 $ 297 $ 495 $ 602 $ 1,046
Schedule of future minimum commitments due under the lease agreements	Future minimum commitments due under these lease agreements as of March 31, 2022 are as follows, including renewal options that are reasonably certain to be exercised: (In thousands) 2022 (remaining six months) $ 211 2023 403 2024 283 2025 203 2026 203 Thereafter 5,202 Total lease payments 6,505 Less imputed interest (1,874) Total $ 4,631
Schedule of lease term and discount rate	The lease term and discount rate at March 31, 2022 and September 30, 2021 were as follows: March 31, September 30, 2022 2021 Weighted-average remaining lease term (years) 24.1 21.5 Weighted-average discount rate 2.84 % 2.53 %
Schedule of supplemental cash flow information related to leases	Supplemental cash flow information for the six-month periods ended March 31, 2022 and 2021 related to leases was as follows: 2022 2021 (In thousands) Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 258 $ 710 ROU assets obtained in exchange for lease obligations: Operating leases $ 138 $ 2,037

Mortgage Banking Income (Tables

Mortgage Banking Income (Tables)	6 Months Ended
Mortgage Banking Income (Tables)	Mar. 31, 2022
Mortgage Banking Income
Summary of components of mortgage banking income	Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021 (In thousands) Origination and sale of mortgage loans (1) $ (118) $ 16,770 $ 4,537 $ 59,478 Mortgage brokerage income 207 186 538 201 Net change in fair value of loans held for sale and interest rate lock commitments (7,206) (19,570) (7,428) (21,987) Realized and unrealized hedging gains (losses) 12,312 18,977 13,007 11,614 Capitalized residential mortgage loan servicing rights 3,346 14,611 7,850 27,483 Net change in fair value of residential mortgage loan servicing rights 5,556 (876) 6,231 (3,941) Provisions for loan repurchases and indemnifications (78) (111) (92) (574) Servicing income 2,235 1,482 4,355 2,424 Total mortgage banking income $ 16,254 $ 31,469 $ 28,998 $ 74,698 (1) Includes origination fees and realized gains and losses on the sale of mortgage loans in the secondary market.

Presentation of Interim Infor_2

Presentation of Interim Information (Details) - USD ($)	Dec. 31, 2020	Mar. 31, 2021	Mar. 31, 2021	Apr. 25, 2017
Schedule of Equity Method Investments [Line Items]
Payments to Acquire Additional Interest in Subsidiaries			$ 3,172,000
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests		$ 131,000	$ 2,583,000
Subsidiary [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Ownership Percentage				51.00%
Subsidiary [Member] \| Business Capital LLC [Member]
Schedule of Equity Method Investments [Line Items]
Payments to Acquire Additional Interest in Subsidiaries	$ 3,100,000
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	695,000
Deferred Income Tax Assets, Net	590,000
Additional Paid in Capital	$ 1,900,000

Investment Securities - Fair Va

Investment Securities - Fair Value to Amortized Cost (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Securities available for sale:
Amortized Cost	$ 284,681	$ 195,417
Gross Unrealized Gain	4,106	11,717
Gross Unrealized Losses	5,797	453
Fair Value	282,990	206,681
Securities held to maturity:
Amortized Cost	1,684	1,837
Gross Unrealized Gain	95	217
Gross Unrealized Losses		0
Fair Value	1,779	2,054
U.S. Treasury bills and notes
Securities available for sale:
Amortized Cost	30,740
Gross Unrealized Gain	165
Gross Unrealized Losses	168
Fair Value	30,737
U.S. Treasury bills
Securities available for sale:
Amortized Cost		250
Gross Unrealized Gain		0
Gross Unrealized Losses		0
Fair Value		250
Agency Mortgage-Backed
Securities available for sale:
Amortized Cost	27,854	8,143
Gross Unrealized Gain	186	293
Gross Unrealized Losses	416	52
Fair Value	27,624	8,384
Securities held to maturity:
Amortized Cost	53	64
Gross Unrealized Gain	2	5
Gross Unrealized Losses		0
Fair Value	55	69
Agency CMO
Securities available for sale:
Amortized Cost	12,272	13,315
Gross Unrealized Gain	5	235
Gross Unrealized Losses	308	20
Fair Value	11,969	13,530
Privately-issued CMO
Securities available for sale:
Amortized Cost	677	729
Gross Unrealized Gain	17	81
Gross Unrealized Losses	8	7
Fair Value	686	803
Privately-issued ABS
Securities available for sale:
Amortized Cost	639	721
Gross Unrealized Gain	31	51
Gross Unrealized Losses	4	0
Fair Value	666	772
SBA certificates
Securities available for sale:
Amortized Cost	1,988	2,157
Gross Unrealized Gain	3	2
Gross Unrealized Losses	17	21
Fair Value	1,974	2,138
Municipal bonds
Securities available for sale:
Amortized Cost	210,511	170,102
Gross Unrealized Gain	3,699	11,055
Gross Unrealized Losses	4,876	353
Fair Value	209,334	180,804
Securities held to maturity:
Amortized Cost	1,631	1,773
Gross Unrealized Gain	93	212
Gross Unrealized Losses		0
Fair Value	$ 1,724	$ 1,985

Investment Securities - Amortiz

Investment Securities - Amortized Cost and Fair Value by Contractual Maturity - Securities Available for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Available for Sale - Amortized Cost
Amortized Cost	$ 284,681	$ 195,417
Available for Sale - Fair Value
Fair Value	282,990	206,681
Municipal bonds
Available for Sale - Amortized Cost
Due within one year	7,961
Due after one year through five years	27,237
Due after five years through ten years	64,795
Due after ten years	141,258
Amortized Cost	210,511	170,102
Available for Sale - Fair Value
Due within one year	8,024
Due after one year through five years	27,648
Due after five years through ten years	65,386
Due after ten years	139,013
Fair Value	209,334	180,804
CMO
Available for Sale - Amortized Cost
Without single maturity date	12,949
Available for Sale - Fair Value
Without single maturity date	12,655
ABS
Available for Sale - Amortized Cost
Without single maturity date	639
Available for Sale - Fair Value
Without single maturity date	666
SBA certificates
Available for Sale - Amortized Cost
Without single maturity date	1,988
Amortized Cost	1,988	2,157
Available for Sale - Fair Value
Without single maturity date	1,974
Fair Value	1,974	$ 2,138
Mortgage-backed securities
Available for Sale - Amortized Cost
Without single maturity date	27,854
Available for Sale - Fair Value
Without single maturity date	$ 27,624

Investment Securities - Amort_2

Investment Securities - Amortized Cost and Fair Value by Contractual Maturity - Held to Maturity Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Held to Maturity - Amortized Cost
Amortized Cost	$ 1,684
Held to Maturity - Fair Value
Fair Value	1,779	$ 2,054
Municipal bonds
Held to Maturity - Amortized Cost
Due within one year	242
Due after one year through five years	852
Due after five years through ten years	537
Held to Maturity - Fair Value
Due within one year	254
Due after one year through five years	896
Due after five years through ten years	574
Fair Value	1,724	$ 1,985
Mortgage-backed securities
Held to Maturity - Amortized Cost
Without single maturity date	53
Held to Maturity - Fair Value
Without single maturity date	$ 55

Investment Securities - Investm

Investment Securities - Investment Securities With Gross Unrealized Losses (Details) $ in Thousands	Mar. 31, 2022USD ($)position	Sep. 30, 2021USD ($)position
Fair Value
Continuous loss position less than twelve months	$ 93,730	$ 20,439
Continuous loss position more than twelve months	8,125	2,013
Total securities available for sale	$ 101,855	$ 22,452
Number of Investment Positions
Continuous loss position less than twelve months \| position	104	22
Continuous loss position more than twelve months \| position	8	3
Total securities available for sale \| position	112	25
Gross Unrealized Losses
Continuous loss position less than twelve months	$ 5,204	$ 346
Continuous loss position more than twelve months	593	107
Total securities available for sale	5,797	453
Agency Mortgage-Backed
Fair Value
Continuous loss position less than twelve months	11,934	$ 3,056
Continuous loss position more than twelve months	$ 2,667
Number of Investment Positions
Continuous loss position less than twelve months \| position	5	1
Continuous loss position more than twelve months \| position	1
Gross Unrealized Losses
Continuous loss position less than twelve months	$ 139	$ 52
Continuous loss position more than twelve months	277
U.S. Treasury bills and notes
Fair Value
Continuous loss position less than twelve months	$ 11,527
Number of Investment Positions
Continuous loss position less than twelve months \| position	7
Gross Unrealized Losses
Continuous loss position less than twelve months	$ 168
Agency CMO
Fair Value
Continuous loss position less than twelve months	9,492	$ 1,466
Continuous loss position more than twelve months	$ 1,343
Number of Investment Positions
Continuous loss position less than twelve months \| position	10	2
Continuous loss position more than twelve months \| position	2
Gross Unrealized Losses
Continuous loss position less than twelve months	$ 194	$ 20
Continuous loss position more than twelve months	114
Privately-issued CMO
Fair Value
Continuous loss position more than twelve months	$ 22	$ 23
Number of Investment Positions
Continuous loss position more than twelve months \| position	1	1
Gross Unrealized Losses
Continuous loss position more than twelve months	$ 8	$ 7
Privately-issued ABS
Fair Value
Continuous loss position more than twelve months	$ 330
Number of Investment Positions
Continuous loss position more than twelve months \| position	1
Gross Unrealized Losses
Continuous loss position more than twelve months	$ 4
SBA certificates
Fair Value
Continuous loss position less than twelve months		2,013
Continuous loss position more than twelve months	$ 1,936	$ 88
Number of Investment Positions
Continuous loss position less than twelve months \| position		1
Continuous loss position more than twelve months \| position	2	1
Gross Unrealized Losses
Continuous loss position less than twelve months		$ 20
Continuous loss position more than twelve months	$ 17	1
Municipal bonds
Fair Value
Continuous loss position less than twelve months	60,777	13,904
Continuous loss position more than twelve months	$ 1,827	$ 1,902
Number of Investment Positions
Continuous loss position less than twelve months \| position	82	18
Continuous loss position more than twelve months \| position	1	1
Gross Unrealized Losses
Continuous loss position less than twelve months	$ 4,703	$ 254
Continuous loss position more than twelve months	$ 173	$ 99

Investment Securities - Additio

Investment Securities - Additional Information (Details)	6 Months Ended
Investment Securities - Additional Information (Details)	Mar. 31, 2022USD ($)position	Sep. 30, 2021position
Debt and Equity Securities, FV-NI [Line Items]
Continuous loss position more than twelve months \| position	8	3
Debt Securities
Debt and Equity Securities, FV-NI [Line Items]
Available for sale debt securities in loss position, depreciation percentage	94.61%
Debt Securities \| Downgraded Due To Potential Credit Losses
Debt and Equity Securities, FV-NI [Line Items]
Carrying value of downgraded due to potential credit losses \| $	$ 450,000
Debt Securities \| Downgraded Privately Issued Cmos
Debt and Equity Securities, FV-NI [Line Items]
Fair market value of downgraded privately issued collateralized mortgage obligations \| $	$ 449,000
Two Privately Issued Collateralized Mortgage Obligations
Debt and Equity Securities, FV-NI [Line Items]
Available for sale debt securities in loss position, depreciation percentage	3.08%
Privately-issued CMO
Debt and Equity Securities, FV-NI [Line Items]
Continuous loss position more than twelve months \| position	1	1
Investments, Fair value disclosure \| $	$ 352,000
Total unrealized loss \| $	$ 12,000
Privately-issued CMO \| Two Privately Issued Collateralized Mortgage Obligations
Debt and Equity Securities, FV-NI [Line Items]
Continuous loss position more than twelve months \| position	1
Privately-issued ABS
Debt and Equity Securities, FV-NI [Line Items]
Continuous loss position more than twelve months \| position	1

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses - Loans (Details) - USD ($)	Mar. 31, 2022	Sep. 30, 2021
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	$ 844,000	$ 281,000
Allowance for loan losses	(14,475,000)	(14,301,000)
Loans, net	1,126,818,000	1,075,936,000
Commercial real estate
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(245,000)	(208,000)
Single tenant net lease
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(65,000)	(123,000)
Multifamily
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(41,000)	(47,000)
Residential Construction
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(51,000)	(49,000)
Commercial Construction
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(30,000)	(28,000)
Land and Land Development
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(16,000)	(6,000)
SBA commercial business
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	140,000	(420,000)
Consumer
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	(17,000)	(17,000)
Commercial Business
Loans and Allowance for Loan Losses
Deferred loan origination fees and costs, net (2)	49,000	49,000
Pay Check Protection Program
Loans and Allowance for Loan Losses
Total loans	13,400,000	56,700,000
Deferred loan origination fees and costs, net (2)	158,000	757,000
Real estate mortgage
Loans and Allowance for Loan Losses
Total loans	1,140,449,000	1,089,956,000
Real estate mortgage \| One To Four Family
Loans and Allowance for Loan Losses
Total loans	288,118,000	241,425,000
Real estate mortgage \| Commercial real estate
Loans and Allowance for Loan Losses
Total loans	153,814,000	149,600,000
Real estate mortgage \| Single tenant net lease
Loans and Allowance for Loan Losses
Total loans	436,530,000	403,692,000
Real estate mortgage \| SBA
Loans and Allowance for Loan Losses
Total loans	61,826,000	62,805,000
Real estate mortgage \| Multifamily
Loans and Allowance for Loan Losses
Total loans	35,339,000	40,324,000
Real estate mortgage \| Residential Construction
Loans and Allowance for Loan Losses
Total loans	11,359,000	8,330,000
Real estate mortgage \| Commercial Construction
Loans and Allowance for Loan Losses
Total loans	3,369,000	2,717,000
Real estate mortgage \| Land and Land Development
Loans and Allowance for Loan Losses
Total loans	12,144,000	10,217,000
Real estate mortgage \| Commercial business
Loans and Allowance for Loan Losses
Total loans	71,108,000	59,883,000
Real estate mortgage \| SBA commercial business
Loans and Allowance for Loan Losses
Total loans	35,276,000	80,400,000
Real estate mortgage \| Consumer
Loans and Allowance for Loan Losses
Total loans	$ 31,566,000	$ 30,563,000

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses - Components of Recorded Investment (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Recorded Investment in Loans:
Principal loan balance	$ 1,140,449	$ 1,089,956
Accrued interest receivable	4,188	4,398
Net deferred loan origination fees and costs	844	281
Recorded investment in loans	1,145,481	1,094,635
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	13,073	16,743
Collectively evaluated for impairment	1,132,408	1,077,892
Recorded investment in loans	1,145,481	1,094,635
Residential real estate
Recorded Investment in Loans:
Principal loan balance	288,118	241,425
Accrued interest receivable	972	821
Net deferred loan origination fees and costs	51	24
Recorded investment in loans	289,141	242,270
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	2,553	3,067
Collectively evaluated for impairment	286,588	239,203
Recorded investment in loans	289,141	242,270
Commercial real estate
Recorded Investment in Loans:
Principal loan balance	153,814	149,600
Accrued interest receivable	438	563
Net deferred loan origination fees and costs	(245)	(208)
Recorded investment in loans	154,007	149,955
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	966	1,021
Collectively evaluated for impairment	153,041	148,934
Recorded investment in loans	154,007	149,955
Single tenant net lease
Recorded Investment in Loans:
Principal loan balance	436,530	403,692
Accrued interest receivable	1,523	1,369
Net deferred loan origination fees and costs	(65)	(123)
Recorded investment in loans	437,988	404,938
Recorded Investment in Loans as Evaluated for Impairment:
Collectively evaluated for impairment	437,988	404,938
Recorded investment in loans	437,988	404,938
SBA commercial real estate
Recorded Investment in Loans:
Principal loan balance	61,826	62,805
Accrued interest receivable	429	475
Net deferred loan origination fees and costs	1,069	1,106
Recorded investment in loans	63,324	64,386
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	6,855	9,153
Collectively evaluated for impairment	56,469	55,233
Recorded investment in loans	63,324	64,386
Multifamily
Recorded Investment in Loans:
Principal loan balance	35,339	40,324
Accrued interest receivable	65	76
Net deferred loan origination fees and costs	(41)	(47)
Recorded investment in loans	35,363	40,353
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	372	482
Collectively evaluated for impairment	34,991	39,871
Recorded investment in loans	35,363	40,353
Residential Construction
Recorded Investment in Loans:
Principal loan balance	11,359	8,330
Accrued interest receivable	21	14
Net deferred loan origination fees and costs	(51)	(49)
Recorded investment in loans	11,329	8,295
Recorded Investment in Loans as Evaluated for Impairment:
Collectively evaluated for impairment	11,329	8,295
Recorded investment in loans	11,329	8,295
Commercial Construction
Recorded Investment in Loans:
Principal loan balance	3,369	2,717
Accrued interest receivable	9	6
Net deferred loan origination fees and costs	(30)	(28)
Recorded investment in loans	3,348	2,695
Recorded Investment in Loans as Evaluated for Impairment:
Collectively evaluated for impairment	3,348	2,695
Recorded investment in loans	3,348	2,695
Land and Land Development
Recorded Investment in Loans:
Principal loan balance	12,144	10,217
Accrued interest receivable	26	18
Net deferred loan origination fees and costs	(16)	(6)
Recorded investment in loans	12,154	10,229
Recorded Investment in Loans as Evaluated for Impairment:
Collectively evaluated for impairment	12,154	10,229
Recorded investment in loans	12,154	10,229
Commercial Business
Recorded Investment in Loans:
Principal loan balance	71,108	59,883
Accrued interest receivable	227	171
Net deferred loan origination fees and costs	49	49
Recorded investment in loans	71,384	60,103
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	1,142	1,476
Collectively evaluated for impairment	70,242	58,627
Recorded investment in loans	71,384	60,103
SBA commercial business
Recorded Investment in Loans:
Principal loan balance	35,276	80,400
Accrued interest receivable	345	791
Net deferred loan origination fees and costs	140	(420)
Recorded investment in loans	35,761	80,771
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	924	1,296
Collectively evaluated for impairment	34,837	79,475
Recorded investment in loans	35,761	80,771
Consumer
Recorded Investment in Loans:
Principal loan balance	31,566	30,563
Accrued interest receivable	133	94
Net deferred loan origination fees and costs	(17)	(17)
Recorded investment in loans	31,682	30,640
Recorded Investment in Loans as Evaluated for Impairment:
Individually evaluated for impairment	261	248
Collectively evaluated for impairment	31,421	30,392
Recorded investment in loans	$ 31,682	$ 30,640

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses - Allowance For Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021
Changes in Allowance for Loan Losses:
Beginning balance	$ 14,780	$ 17,124	$ 14,301	$ 17,026
Provisions	(30)	287	496	955
Charge-offs	(355)	(22)	(436)	(624)
Recoveries	80	30	114	62
Ending balance	14,475	17,419	14,475	17,419
Ending Allowance Balance Attributable to Loans:
Individually evaluated for impairment	675		675		$ 133
Collectively evaluated for impairment	13,800		13,800		14,168
Ending balance	14,475	17,419	14,475	17,419	14,301
Residential real estate
Changes in Allowance for Loan Losses:
Beginning balance	1,336	1,176	1,438	1,255
Provisions	6	442	(76)	363
Charge-offs			(23)	(5)
Recoveries	3	4	6	9
Ending balance	1,345	1,622	1,345	1,622
Ending Allowance Balance Attributable to Loans:
Individually evaluated for impairment	33		33
Collectively evaluated for impairment	1,312		1,312		1,438
Ending balance	1,345	1,622	1,345	1,622	1,438
Commercial real estate
Changes in Allowance for Loan Losses:
Beginning balance	2,511	3,007	2,806	3,058
Provisions	(60)	53	(355)	2
Ending balance	2,451	3,060	2,451	3,060
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	2,451		2,451		2,806
Ending balance	2,451	3,060	2,451	3,060	2,806
Single tenant net lease
Changes in Allowance for Loan Losses:
Beginning balance	2,767	3,233	2,422	3,017
Provisions	(148)	116	197	332
Ending balance	2,619	3,349	2,619	3,349
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	2,619		2,619		2,422
Ending balance	2,619	3,349	2,619	3,349	2,422
SBA commercial real estate
Changes in Allowance for Loan Losses:
Beginning balance	3,722	3,624	3,475	4,154
Provisions	(70)	178	197	163
Charge-offs	(19)		(39)	(522)
Recoveries				7
Ending balance	3,633	3,802	3,633	3,802
Ending Allowance Balance Attributable to Loans:
Individually evaluated for impairment	201		201		114
Collectively evaluated for impairment	3,432		3,432		3,361
Ending balance	3,633	3,802	3,633	3,802	3,475
Multifamily
Changes in Allowance for Loan Losses:
Beginning balance	441	713	518	772
Provisions	(88)	97	(165)	38
Ending balance	353	810	353	810
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	353		353		518
Ending balance	353	810	353	810	518
Residential Construction
Changes in Allowance for Loan Losses:
Beginning balance	209	149	191	243
Provisions	24	(13)	42	(107)
Ending balance	233	136	233	136
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	233		233		191
Ending balance	233	136	233	136	191
Commercial Construction
Changes in Allowance for Loan Losses:
Beginning balance	80	212	63	181
Provisions	(13)	27	4	58
Ending balance	67	239	67	239
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	67		67		63
Ending balance	67	239	67	239	63
Land and Land Development
Changes in Allowance for Loan Losses:
Beginning balance	221	300	235	243
Provisions	22	(17)	8	40
Ending balance	243	283	243	283
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	243		243		235
Ending balance	243	283	243	283	235
Commercial Business
Changes in Allowance for Loan Losses:
Beginning balance	1,240	1,487	1,284	1,449
Provisions	4	45	(40)	82
Recoveries	59	4	59	5
Ending balance	1,303	1,536	1,303	1,536
Ending Allowance Balance Attributable to Loans:
Collectively evaluated for impairment	1,303		1,303		1,284
Ending balance	1,303	1,536	1,303	1,536	1,284
SBA commercial business
Changes in Allowance for Loan Losses:
Beginning balance	1,769	1,536	1,346	1,539
Provisions	281	3	682	(10)
Charge-offs	(284)		(284)
Recoveries	9	10	31	20
Ending balance	1,775	1,549	1,775	1,549
Ending Allowance Balance Attributable to Loans:
Individually evaluated for impairment	441		441		18
Collectively evaluated for impairment	1,334		1,334		1,328
Ending balance	1,775	1,549	1,775	1,549	1,346
Consumer
Changes in Allowance for Loan Losses:
Beginning balance	484	1,687	523	1,115
Provisions	12	(644)	2	(6)
Charge-offs	(52)	(22)	(90)	(97)
Recoveries	9	12	18	21
Ending balance	453	1,033	453	1,033
Ending Allowance Balance Attributable to Loans:
Individually evaluated for impairment					1
Collectively evaluated for impairment	453		453		522
Ending balance	$ 453	$ 1,033	$ 453	$ 1,033	$ 523

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	$ 11,683		$ 11,683		$ 15,546
Loans with no related allowance recorded, Unpaid Principal Balance	13,800		13,800		17,245
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	14,110	$ 11,338	14,701	$ 11,196
Loans with no related allowance recorded, Interest Income Recognized	54	21	54	55
Loans with an allowance recorded, Recorded Investment	1,390		1,390		1,197
Loans with an allowance recorded, Unpaid Principal Balance	1,442		1,442		1,624
Loans with an allowance recorded, Related Allowance	675		675		133
Loans with an allowance recorded, Average Recorded Investment	1,793	4,268	1,571	5,112
Total, Recorded Investment	13,073		13,073		16,743
Total, Unpaid Principal Balance	15,242		15,242		18,869
Total, Related Allowance	675		675		133
Total, Average Recorded Investment	15,903	15,606	16,272	16,308
Total, Interest Income Recognized	54	21	54	55
Residential real estate
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	2,297		2,297		3,002
Loans with no related allowance recorded, Unpaid Principal Balance	2,723		2,723		3,551
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	3,467	4,503	3,412	4,899
Loans with no related allowance recorded, Interest Income Recognized	29	11	29	38
Loans with an allowance recorded, Recorded Investment	255		255		65
Loans with an allowance recorded, Unpaid Principal Balance	255		255		65
Loans with an allowance recorded, Related Allowance	33		33		0
Loans with an allowance recorded, Average Recorded Investment	380	88	254	117
Total, Recorded Investment	2,552		2,552		3,067
Total, Unpaid Principal Balance	2,978		2,978		3,616
Total, Related Allowance	33		33		0
Total, Average Recorded Investment	3,847	4,591	3,666	5,016
Total, Interest Income Recognized	29	11	29	38
Commercial real estate
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	966		966		1,021
Loans with no related allowance recorded, Unpaid Principal Balance	1,035		1,035		1,092
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	1,051	1,161	1,065	1,169
Loans with no related allowance recorded, Interest Income Recognized	14	9	14	15
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Total, Recorded Investment	966		966		1,021
Total, Unpaid Principal Balance	1,035		1,035		1,092
Total, Related Allowance	0		0		0
Total, Average Recorded Investment	1,051	1,161	1,065	1,169
Total, Interest Income Recognized	14	9	14	15
Single tenant net lease
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	0		0		0
Loans with no related allowance recorded, Unpaid Principal Balance	0		0		0
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Total, Recorded Investment	0		0		0
Total, Unpaid Principal Balance	0		0		0
Total, Related Allowance	0		0		0
SBA commercial real estate
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	6,445		6,445		8,184
Loans with no related allowance recorded, Unpaid Principal Balance	7,434		7,434		8,873
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	7,244	2,755	7,798	2,229
Loans with an allowance recorded, Recorded Investment	410		410		969
Loans with an allowance recorded, Unpaid Principal Balance	512		512		1,394
Loans with an allowance recorded, Related Allowance	201		201		114
Loans with an allowance recorded, Average Recorded Investment	797	3,548	854	4,394
Total, Recorded Investment	6,855		6,855		9,153
Total, Unpaid Principal Balance	7,946		7,946		10,267
Total, Related Allowance	201		201		114
Total, Average Recorded Investment	8,041	6,303	8,652	6,623
Multifamily
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	372		372		482
Loans with no related allowance recorded, Unpaid Principal Balance	415		415		539
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	419	693	423	696
Loans with no related allowance recorded, Interest Income Recognized	2		2
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Total, Recorded Investment	372		372		482
Total, Unpaid Principal Balance	415		415		539
Total, Related Allowance	0		0		0
Total, Average Recorded Investment	419	693	423	696
Total, Interest Income Recognized	2		2
Residential Construction
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	0		0		0
Loans with no related allowance recorded, Unpaid Principal Balance	0		0		0
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Total, Recorded Investment	0		0		0
Total, Unpaid Principal Balance	0		0		0
Total, Related Allowance	0		0		0
Commercial Construction
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	0		0		0
Loans with no related allowance recorded, Unpaid Principal Balance	0		0		0
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Total, Recorded Investment	0		0		0
Total, Unpaid Principal Balance					0
Total, Related Allowance	0		0		0
Land and Land Development
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	0		0		0
Loans with no related allowance recorded, Unpaid Principal Balance	0		0		0
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment		1		1
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Total, Recorded Investment	0		0		0
Total, Unpaid Principal Balance	0		0		0
Total, Related Allowance	0		0		0
Total, Average Recorded Investment		1		1
Commercial Business
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	1,142		1,142		1,476
Loans with no related allowance recorded, Unpaid Principal Balance	1,243		1,243		1,559
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	1,353	1,712	1,422	1,700
Loans with no related allowance recorded, Interest Income Recognized	8	1	8	1
Loans with an allowance recorded, Recorded Investment	0		0		0
Loans with an allowance recorded, Unpaid Principal Balance	0		0		0
Loans with an allowance recorded, Related Allowance	0		0		0
Loans with an allowance recorded, Average Recorded Investment		2		2
Total, Recorded Investment	1,142		1,142		1,476
Total, Unpaid Principal Balance	1,243		1,243		1,559
Total, Related Allowance	0		0		0
Total, Average Recorded Investment	1,353	1,714	1,422	1,702
Total, Interest Income Recognized	8	1	8	1
SBA commercial business
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	339		339		1,278
Loans with no related allowance recorded, Unpaid Principal Balance	835		835		1,534
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	476	416	484	416
Loans with an allowance recorded, Recorded Investment	586		586		18
Loans with an allowance recorded, Unpaid Principal Balance	536		536		21
Loans with an allowance recorded, Related Allowance	441		441		18
Loans with an allowance recorded, Average Recorded Investment	477	410	325	406
Total, Recorded Investment	925		925		1,296
Total, Unpaid Principal Balance	1,371		1,371		1,555
Total, Related Allowance	441		441		18
Total, Average Recorded Investment	953	826	809	822
Consumer
Loans and Allowance for Loan Losses
Loans with no related allowance recorded, Recorded Investment	122		122		103
Loans with no related allowance recorded, Unpaid Principal Balance	115		115		97
Loans with no related allowance recorded, Related Allowance	0		0		0
Loans with no related allowance recorded, Average Recorded Investment	100	97	97	86
Loans with no related allowance recorded, Interest Income Recognized	1		1	1
Loans with an allowance recorded, Recorded Investment	139		139		145
Loans with an allowance recorded, Unpaid Principal Balance	139		139		144
Loans with an allowance recorded, Related Allowance	0		0		1
Loans with an allowance recorded, Average Recorded Investment	139	220	138	193
Total, Recorded Investment	261		261		248
Total, Unpaid Principal Balance	254		254		241
Total, Related Allowance	0		0		$ 1
Total, Average Recorded Investment	239	$ 317	235	279
Total, Interest Income Recognized	$ 1		$ 1	$ 1

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses - Nonperforming Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Loans and Allowance for Loan Losses
Nonaccrual Loans	$ 10,056	$ 15,000
Loans 90+ Days Past Due Still Accruing	0	472
Total Nonperforming Loans	10,056	15,472
Residential real estate
Loans and Allowance for Loan Losses
Nonaccrual Loans	1,488	1,894
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans	1,488	1,894
Commercial real estate
Loans and Allowance for Loan Losses
Nonaccrual Loans	559	599
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans	559	599
Single tenant net lease
Loans and Allowance for Loan Losses
Nonaccrual Loans	0
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans		0
SBA commercial real estate
Loans and Allowance for Loan Losses
Nonaccrual Loans	6,855	9,153
Loans 90+ Days Past Due Still Accruing	0	472
Total Nonperforming Loans	6,855	9,625
Multifamily
Loans and Allowance for Loan Losses
Nonaccrual Loans	0	482
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans		482
Residential Construction
Loans and Allowance for Loan Losses
Nonaccrual Loans	0
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans		0
Commercial Construction
Loans and Allowance for Loan Losses
Nonaccrual Loans	0
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans		0
Land and Land Development
Loans and Allowance for Loan Losses
Nonaccrual Loans	0
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans		0
Commercial Business
Loans and Allowance for Loan Losses
Nonaccrual Loans	2	1,370
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans	2	1,370
SBA commercial business
Loans and Allowance for Loan Losses
Nonaccrual Loans	925	1,296
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans	925	1,296
Consumer
Loans and Allowance for Loan Losses
Nonaccrual Loans	227	206
Loans 90+ Days Past Due Still Accruing	0
Total Nonperforming Loans	$ 227	$ 206

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses - Aging of Recorded Investment in Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Loans and Allowance for Loan Losses
Financing receivable recorded investment	$ 1,139,984	$ 1,086,225
Recorded investment in loans	1,145,481	1,094,635
Financing Receivables, 30 to 59 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	1,036	869
Financing Receivables, 60 to 89 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	48	684
Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	5,497	8,410
Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	4,413	6,857
Residential real estate
Loans and Allowance for Loan Losses
Financing receivable recorded investment	287,953	240,753
Recorded investment in loans	289,141	242,270
Residential real estate \| Financing Receivables, 30 to 59 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	715	818
Residential real estate \| Financing Receivables, 60 to 89 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment		352
Residential real estate \| Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	1,188	1,517
Residential real estate \| Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	473	347
Commercial real estate
Loans and Allowance for Loan Losses
Financing receivable recorded investment	153,445	149,356
Recorded investment in loans	154,007	149,955
Commercial real estate \| Financing Receivables, 60 to 89 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	2
Commercial real estate \| Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	562	599
Commercial real estate \| Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	560	599
Single tenant net lease
Loans and Allowance for Loan Losses
Financing receivable recorded investment	437,988	404,938
Recorded investment in loans	437,988	404,938
SBA commercial real estate
Loans and Allowance for Loan Losses
Financing receivable recorded investment	60,396	59,188
Recorded investment in loans	63,324	64,386
SBA commercial real estate \| Financing Receivables, 60 to 89 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment		208
SBA commercial real estate \| Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	2,928	5,198
SBA commercial real estate \| Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	2,928	4,990
Multifamily
Loans and Allowance for Loan Losses
Financing receivable recorded investment	35,363	40,353
Recorded investment in loans	35,363	40,353
Residential Construction
Loans and Allowance for Loan Losses
Financing receivable recorded investment	11,329	8,295
Recorded investment in loans	11,329	8,295
Commercial Construction
Loans and Allowance for Loan Losses
Financing receivable recorded investment	3,348	2,695
Recorded investment in loans	3,348	2,695
Land and Land Development
Loans and Allowance for Loan Losses
Financing receivable recorded investment	12,154	10,229
Recorded investment in loans	12,154	10,229
Commercial Business
Loans and Allowance for Loan Losses
Financing receivable recorded investment	71,311	60,100
Recorded investment in loans	71,384	60,103
Commercial Business \| Financing Receivables, 30 to 59 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	71
Commercial Business \| Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	73	3
Commercial Business \| Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	2	3
SBA commercial business
Loans and Allowance for Loan Losses
Financing receivable recorded investment	35,157	79,801
Recorded investment in loans	35,761	80,771
SBA commercial business \| Financing Receivables, 30 to 59 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	243	18
SBA commercial business \| Financing Receivables, 60 to 89 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment		104
SBA commercial business \| Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	604	970
SBA commercial business \| Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	361	848
Consumer
Loans and Allowance for Loan Losses
Financing receivable recorded investment	31,540	30,517
Recorded investment in loans	31,682	30,640
Consumer \| Financing Receivables, 30 to 59 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	7	33
Consumer \| Financing Receivables, 60 to 89 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	46	20
Consumer \| Financial Asset, Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	142	123
Consumer \| Financing Receivables, Equal to Greater than 90 Days Past Due
Loans and Allowance for Loan Losses
Financing receivable recorded investment	$ 89	$ 70

Loans and Allowance for Loan _9

Loans and Allowance for Loan Losses - Recorded Investment in Loans by Risk Category (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Loans and Allowance for Loan Losses
Recorded investment in loans	$ 1,145,481	$ 1,094,635
Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	1,125,635	1,053,774
Special Mention
Loans and Allowance for Loan Losses
Recorded investment in loans	1,149	16,316
Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	16,826	21,102
Doubtful
Loans and Allowance for Loan Losses
Recorded investment in loans	1,871	3,443
Residential real estate
Loans and Allowance for Loan Losses
Recorded investment in loans	289,141	242,270
Residential real estate \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	287,150	240,078
Residential real estate \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	1,825	2,018
Residential real estate \| Doubtful
Loans and Allowance for Loan Losses
Recorded investment in loans	166	174
Commercial real estate
Loans and Allowance for Loan Losses
Recorded investment in loans	154,007	149,955
Commercial real estate \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	153,231	143,031
Commercial real estate \| Special Mention
Loans and Allowance for Loan Losses
Recorded investment in loans		4,059
Commercial real estate \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	776	2,865
Single tenant net lease
Loans and Allowance for Loan Losses
Recorded investment in loans	437,988	404,938
Single tenant net lease \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	437,988	404,938
SBA commercial real estate
Loans and Allowance for Loan Losses
Recorded investment in loans	63,324	64,386
SBA commercial real estate \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	51,403	45,465
SBA commercial real estate \| Special Mention
Loans and Allowance for Loan Losses
Recorded investment in loans	1,149	5,343
SBA commercial real estate \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	9,112	10,339
SBA commercial real estate \| Doubtful
Loans and Allowance for Loan Losses
Recorded investment in loans	1,660	3,239
Multifamily
Loans and Allowance for Loan Losses
Recorded investment in loans	35,363	40,353
Multifamily \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	34,991	39,871
Multifamily \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	372	482
Residential Construction
Loans and Allowance for Loan Losses
Recorded investment in loans	11,329	8,295
Residential Construction \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	11,329	8,295
Commercial Construction
Loans and Allowance for Loan Losses
Recorded investment in loans	3,348	2,695
Commercial Construction \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	3,348	2,695
Land and Land Development
Loans and Allowance for Loan Losses
Recorded investment in loans	12,154	10,229
Land and Land Development \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	12,154	10,229
Commercial Business
Loans and Allowance for Loan Losses
Recorded investment in loans	71,384	60,103
Commercial Business \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	70,215	58,583
Commercial Business \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	1,169	1,520
SBA commercial business
Loans and Allowance for Loan Losses
Recorded investment in loans	35,761	80,771
SBA commercial business \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	32,233	70,019
SBA commercial business \| Special Mention
Loans and Allowance for Loan Losses
Recorded investment in loans		6,914
SBA commercial business \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	3,483	3,808
SBA commercial business \| Doubtful
Loans and Allowance for Loan Losses
Recorded investment in loans	45	30
Consumer
Loans and Allowance for Loan Losses
Recorded investment in loans	31,682	30,640
Consumer \| Pass
Loans and Allowance for Loan Losses
Recorded investment in loans	31,593	30,570
Consumer \| Substandard
Loans and Allowance for Loan Losses
Recorded investment in loans	$ 89	$ 70

Loans and Allowance for Loan_10

Loans and Allowance for Loan Losses - Recorded Investment in Troubled Debt Restructurings by Class of Loan and Accrual Status (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Financing Receivable, Modifications [Line Items]
Accruing	$ 3,017	$ 1,743
Nonaccrual	2,078	5,554
Total	5,095	7,297
Residential real estate
Financing Receivable, Modifications [Line Items]
Accruing	1,064	1,173
Total	1,064	1,173
Commercial real estate
Financing Receivable, Modifications [Line Items]
Accruing	407	422
Nonaccrual	451	465
Total	858	887
SBA commercial real estate
Financing Receivable, Modifications [Line Items]
Nonaccrual	1,627	3,240
Total	1,627	3,240
Multifamily
Financing Receivable, Modifications [Line Items]
Accruing	372
Nonaccrual		482
Total	372	482
Commercial Business
Financing Receivable, Modifications [Line Items]
Accruing	1,140	106
Nonaccrual		1,367
Total	1,140	1,473
Consumer
Financing Receivable, Modifications [Line Items]
Accruing	34	42
Total	$ 34	$ 42

Loans and Allowance for Loan_11

Loans and Allowance for Loan Losses - TDS (Details) $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2021USD ($)loan	Mar. 31, 2021USD ($)loan
Financing Receivable, Modifications [Line Items]
Number of Loans \| loan	1	1
Pre-Modification Principal Balance	$ 126	$ 126
Post-Modification Principal Balance	$ 126	$ 126
Commercial business
Financing Receivable, Modifications [Line Items]
Number of Loans \| loan	1	1
Pre-Modification Principal Balance	$ 126	$ 126
Post-Modification Principal Balance	$ 126	$ 126

Loans and Allowance for Loan_12

Loans and Allowance for Loan Losses - Loan Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Balance, beginning of period			$ 4,447
Balance, end of period	$ 4,447		4,447
Small Business Administration Loans
Balance, beginning of period	4,429	$ 3,722	4,447	$ 3,748
Servicing rights capitalized	314	746	660	1,072
Amortization	(264)	(175)	(552)	(376)
Direct write-offs	(79)	(92)	(114)	(275)
Change in valuation allowance	47	(79)	6	(47)
Balance, end of period	$ 4,447	$ 4,122	$ 4,447	$ 4,122

Loans and Allowance for Loan_13

Loans and Allowance for Loan Losses - Mortgage Servicing Rights (Details) - Mortgage Servicing Rights.	6 Months Ended	12 Months Ended
	Mar. 31, 2022	Sep. 30, 2021
Maximum
Discount rate	13.50%	10.00%
Prepayment rate	33.95%	43.27%
Minimum
Discount rate	8.50%	8.50%
Prepayment rate	6.01%	6.04%
Weighted Average
Discount rate	9.02%	8.51%
Prepayment rate	6.42%	10.00%

Loans and Allowance for Loan_14

Loans and Allowance for Loan Losses - Mortgage Servicing Rights at Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Balance, beginning of period			$ 4,447
Changes in fair value related to:
Balance, end of period	$ 4,447		4,447
Mortgage Servicing Rights.
Balance, beginning of period	54,758	$ 31,510	49,579	$ 21,703
Servicing rights capitalized	3,346	14,611	7,850	27,483
Changes in fair value related to:
Loan repayments	(1,930)	(2,733)	(4,422)	(4,549)
Changes in valuation allowance	7,485	1,857	10,652	608
Balance, end of period	63,660	$ 45,245	63,660	$ 45,245
Nonresidential MSR
Servicing rights capitalized	160		160
Changes in fair value related to:
Balance, end of period	$ 160		$ 160

Loans and Allowance for Loan_15

Loans and Allowance for Loan Losses - Additional Information (Details)	3 Months Ended		6 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)loan	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)loan	Dec. 31, 2021USD ($)	Sep. 30, 2021USD ($)
Loans and Allowance for Loan Losses
Mortgage loans in process of foreclosure amount	$ 67,000		$ 67,000			$ 124,000
Number of Loans \| loan		1		1
Loans and leases receivable impaired commitment to lend	1,000		1,000			1,000
Financing receivable allowance for credit losses, Write-downs	355,000	$ 22,000	436,000	$ 624,000
Provision for loan losses	(30,000)	287,000	496,000	955,000
Impaired financing receivable, Unpaid principal balance	15,242,000		15,242,000			18,869,000
Commercial real estate
Loans and Allowance for Loan Losses
Impaired financing receivable, Unpaid principal balance	1,035,000		1,035,000			1,092,000
Residential real estate
Loans and Allowance for Loan Losses
Financing receivable allowance for credit losses, Write-downs			23,000	5,000
Impaired financing receivable, Unpaid principal balance	2,978,000		2,978,000			3,616,000
Commercial Business
Loans and Allowance for Loan Losses
Impaired financing receivable, Unpaid principal balance	1,243,000		1,243,000			1,559,000
SBA Lending
Loans and Allowance for Loan Losses
Servicing assets valuation allowance	0		0			6,000
SBA
Loans and Allowance for Loan Losses
Impaired financing receivable, Unpaid principal balance	254,900,000	228,500,000	254,900,000	228,500,000		244,800,000
SBA \| Bank Servicing
Loans and Allowance for Loan Losses
Revenue from Contract with Customer	35,000	11,000	54,000	36,000
SBA \| SBA Lending
Loans and Allowance for Loan Losses
Revenue from Contract with Customer	627,000	512,000	1,300,000	979,000
Troubled Debt Restructuring
Loans and Allowance for Loan Losses
Loans and leases receivable allowance covered					$ 0	0
Financing receivable allowance for credit losses, Write-downs				398,000
Mortgage Servicing Rights.
Loans and Allowance for Loan Losses
Impaired financing receivable, Unpaid principal balance	4,950,000,000		4,950,000,000			4,640,000,000
Revenue from Contract with Customer	2,200,000	$ 1,500,000	4,400,000	$ 2,400,000
Escrow balances maintained with foregoing loan servicing and other liabilities	33,900,000		33,900,000			$ 40,500,000
Nonresidential MSR
Loans and Allowance for Loan Losses
Impaired financing receivable, Unpaid principal balance	44,700,000		44,700,000
Revenue from Contract with Customer	5,000,000		5,000,000
Servicing assets valuation allowance	$ 0		$ 0

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Deposits
Noninterest-bearing demand deposits	$ 311,738	$ 291,039
NOW accounts	319,817	315,169
Money market accounts	221,332	222,972
Savings accounts	173,794	162,033
Retail time deposits	124,756	136,309
Brokered time deposits		70,058
Reciprocal time deposits	69,752	30,000
Total deposits	$ 1,221,189	$ 1,227,580

Supplemental Disclosure for N_3

Supplemental Disclosure for Net Income Per Share - Net income per share information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Basic:
Net income attributable to First Savings Financial Group, Inc.	$ 7,035	$ 10,487	$ 11,340	$ 20,410
Shares:
Weighted average common shares outstanding, basic	7,076,355	7,108,926	7,086,739	7,105,014
Net income per common share, basic	$ 0.99	$ 1.48	$ 1.60	$ 2.87
Diluted:
Net income attributable to First Savings Financial Group, Inc.	$ 7,035	$ 10,487	$ 11,340	$ 20,410
Shares:
Weighted average common shares outstanding, basic	7,076,355	7,108,926	7,086,739	7,105,014
Add: Dilutive effect of outstanding options	75,790	49,089	78,506	45,792
Add: Dilutive effect of restricted stock	4,084	6,174	8,465	8,319
Weighted average common shares outstanding, as adjusted	7,156,229	7,164,189	7,173,710	7,159,125
Net income per common share, diluted	$ 0.98	$ 1.46	$ 1.58	$ 2.85

Supplemental Disclosure for N_4

Supplemental Disclosure for Net Income Per Share - Additional Information (Details) - shares	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	0	0	0
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	137,250	72,939	137,250	80,139

Supplemental Disclosures of C_3

Supplemental Disclosures of Cash Flow Information - Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash payments for:
Interest	$ 3,623	$ 4,170
Income taxes (net of refunds received)	$ 48	8,659
Noncash investing and financing activities:
Transfers from loans to other real estate owned		370
Noncash exercise of stock options		$ 48

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Balances of financial assets and liabilities measured at fair value on a recurring and nonrecurring basis (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	$ 282,990	$ 206,681
Residential mortgage loans held for sale	1,126,818	1,075,936
Derivative assets (included in other assets)	5,355	3,632
Residential mortgage loan servicing rights, at fair value	63,660	49,579
Derivative liabilities (included in other liabilities)	3,521	635
U.S. Treasury bills and notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	30,737
Agency Mortgage-Backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	27,624	8,384
Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	11,969	13,530
Privately-issued CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	686	803
Privately-issued ABS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	666	772
SBA certificates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,974	2,138
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	209,334	180,804
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	282,990	206,681
Derivative assets (included in other assets)	5,355	3,632
Equity securities (included in other assets)	112	112
Residential mortgage loan servicing rights, at fair value	63,660	49,579
Derivative liabilities (included in other liabilities)	3,521	635
Fair Value, Measurements, Recurring \| U.S. Treasury bills and notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	30,737	250
Fair Value, Measurements, Recurring \| Agency Mortgage-Backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	27,624	8,384
Fair Value, Measurements, Recurring \| Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	11,969	13,530
Fair Value, Measurements, Recurring \| Privately-issued CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	686	803
Fair Value, Measurements, Recurring \| Privately-issued ABS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	666	772
Fair Value, Measurements, Recurring \| SBA certificates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,974	2,138
Fair Value, Measurements, Recurring \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	209,334	180,804
Fair Value, Measurements, Recurring \| Residential mortgage loans held for sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Residential mortgage loans held for sale	98,640	167,813
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	576	4,248
SBA loan servicing rights		1,184
Fair Value, Measurements, Nonrecurring \| Residential real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	222	71
Fair Value, Measurements, Nonrecurring \| SBA commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	209	4,169
Fair Value, Measurements, Nonrecurring \| SBA commercial business
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	145
Fair Value, Measurements, Nonrecurring \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		8
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities (included in other assets)	112	112
Level 1 \| Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity securities (included in other assets)	112	112
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	282,990	206,681
Derivative assets (included in other assets)	4,835	1,465
Derivative liabilities (included in other liabilities)	78	35
Level 2 \| Residential mortgage loans held for sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Residential mortgage loans held for sale		167,813
Level 2 \| Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	282,990	206,681
Derivative assets (included in other assets)	4,835	1,465
Derivative liabilities (included in other liabilities)	78	35
Level 2 \| Fair Value, Measurements, Recurring \| U.S. Treasury bills and notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	30,737	250
Level 2 \| Fair Value, Measurements, Recurring \| Agency Mortgage-Backed
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	27,624	8,384
Level 2 \| Fair Value, Measurements, Recurring \| Agency CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	11,969	13,530
Level 2 \| Fair Value, Measurements, Recurring \| Privately-issued CMO
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	686	803
Level 2 \| Fair Value, Measurements, Recurring \| Privately-issued ABS
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	666	772
Level 2 \| Fair Value, Measurements, Recurring \| SBA certificates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,974	2,138
Level 2 \| Fair Value, Measurements, Recurring \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	209,334	180,804
Level 2 \| Fair Value, Measurements, Recurring \| Residential mortgage loans held for sale [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Residential mortgage loans held for sale	98,640	167,813
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Residential mortgage loans held for sale	1,159,903	1,124,226
Derivative assets (included in other assets)	520	2,167
Derivative liabilities (included in other liabilities)	3,443	600
Level 3 \| Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (included in other assets)	520	2,167
Residential mortgage loan servicing rights, at fair value	63,660	49,579
Derivative liabilities (included in other liabilities)	3,443	600
Level 3 \| Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	576	4,248
SBA loan servicing rights		1,184
Level 3 \| Fair Value, Measurements, Nonrecurring \| Residential real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	222	71
Level 3 \| Fair Value, Measurements, Nonrecurring \| SBA commercial real estate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	209	4,169
Level 3 \| Fair Value, Measurements, Nonrecurring \| SBA commercial business
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans	$ 145
Level 3 \| Fair Value, Measurements, Nonrecurring \| Consumer
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total impaired loans		$ 8

Fair Value Measurements and D_4

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Reconciliation of derivative assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Fair Value Measurements and Disclosures about Fair Value of Financial Instruments
Beginning balance	$ 1,740	$ 11,415	$ 1,567	$ 14,937
Unrealized losses recognized in earnings, net of settlements	(4,663)	(11,153)	(4,490)	(14,675)
Ending balance	$ (2,923)	$ 262	$ (2,923)	$ 262

Fair Value Measurements and D_5

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a recurring basis (Details) - Interest rate lock commitments	Mar. 31, 2022	Sep. 30, 2021
Pull-through rate [Member] \| Minimum
Fixed interest rate	50.00%	58.00%
Pull-through rate [Member] \| Maximum
Fixed interest rate	100.00%	100.00%
Pull-through rate [Member] \| Weighted Average
Fixed interest rate	88.00%	83.00%
Direct costs to close [Member] \| Minimum
Fixed interest rate	0.29%	0.37%
Direct costs to close [Member] \| Maximum
Fixed interest rate	1.64%	1.74%
Direct costs to close [Member] \| Weighted Average
Fixed interest rate	0.63%	0.86%

Fair Value Measurements and D_6

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Summary of fair value of loans measured using an entry price notion (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Financial assets:
Cash and due from banks	$ 13,365	$ 14,191
Interest-bearing deposits with banks	17,740	19,237
Securities available for sale, at fair value	282,990	206,681
Securities held to maturity	1,684	1,837
Loans, net	1,126,818	1,075,936
SBA loan servicing rights	4,447	4,447
Derivative assets (included in other assets)	5,355	3,632
Financial liabilities:
Deposits	1,221,189	1,227,580
Federal Home Loan Bank borrowings	296,592	250,000
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Derivative liabilities (included in other liabilities)	3,521	635
Level 1
Financial assets:
Cash and due from banks	13,365	14,191
Interest-bearing deposits with banks	17,740	19,237
FRB and FHLB stock		0
Equity securities (included in other assets)	112	112
Level 2
Financial assets:
Interest-bearing time deposits	1,770	2,222
Securities available for sale, at fair value	282,990	206,681
Securities held to maturity	1,779
Residential mortgage loans held for sale	98,640
FRB and FHLB stock		0
Accrued interest receivable	6,273	6,243
Derivative assets (included in other assets)	4,835	1,465
Financial liabilities:
Federal Home Loan Bank borrowings	294,587	251,877
Federal Reserve PPPLF Borrowings	52,172
Subordinated note		21,083
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Derivative liabilities (included in other liabilities)	78	35
Level 2 \| Residential mortgage loans held for sale [Member]
Financial assets:
Loans, net		167,813
Level 2 \| Small Business Administration Loans
Financial assets:
Loans, net		27,312
Level 3
Financial assets:
Single tenant net lease loans held for sale	38,225
SBA loans held for sale	17,858
Loans, net	1,159,903	1,124,226
FRB and FHLB stock		0
Residential mortgage loan servicing rights	63,660	49,579
Nonresidential mortgage loan servicing rights	160
SBA loan servicing rights	4,902	4,646
Derivative assets (included in other assets)	520	2,167
Financial liabilities:
Deposits	1,219,521	1,228,147
Derivative liabilities (included in other liabilities)	3,443	600
Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and due from banks	13,365	14,191
Interest-bearing deposits with banks	17,740	19,237
Interest-bearing time deposits	1,770	2,222
Securities available for sale, at fair value	282,990	206,681
Securities held to maturity	1,684	1,837
Residential mortgage loans held for sale	98,640
Single tenant net lease loans held for sale	38,225
SBA loans held for sale	15,787
Loans, net	1,126,818	1,075,936
FRB and FHLB stock	18,667	19,258
Accrued interest receivable	6,273	6,243
Residential mortgage loan servicing rights	63,660	49,579
Nonresidential mortgage loan servicing rights	160
SBA loan servicing rights	4,447	4,447
Derivative assets (included in other assets)	5,355	3,632
Equity securities (included in other assets)	112	112
Financial liabilities:
Deposits	1,221,189	1,227,580
Federal Home Loan Bank borrowings	296,592	250,000
Federal Reserve PPPLF Borrowings	50,184
Subordinated note		19,865
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Derivative liabilities (included in other liabilities)	$ 3,521	635
Estimate of Fair Value Measurement [Member] \| Residential mortgage loans held for sale [Member]
Financial assets:
Loans, net		167,813
Estimate of Fair Value Measurement [Member] \| Small Business Administration Loans
Financial assets:
Loans, net		24,107
Estimate of Fair Value Measurement [Member] \| Level 2
Financial assets:
Securities held to maturity		$ 2,054

Fair Value Measurements and D_7

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Additional information (Details)	3 Months Ended			6 Months Ended		12 Months Ended
	Mar. 31, 2022USD ($)	Dec. 31, 2021item	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Sep. 30, 2021item
Derivative assets and liabilities held	$ 2,900,000		$ 262,000	$ 2,900,000	$ 262,000
Financing Receivable Recorded Investment 90 Days Past Due And Still Accruing Number Of Loans Less than Thousand \| item		0				0
Impaired Loans [Member]
Foreclosed Real Estate Expense	457,000		267,000	1,100,000	267,000
SBA
Impairment charges on loan	$ (47,000)		$ 79,000	$ (6,000)	$ 47,000
Maximum \| Collateral [Member] \| Discount rate
Fair value inputs discount rate				6.00%		26.00%
Maximum \| Impaired Loans [Member] \| Discount rate
Fair value inputs discount rate				100.00%
Maximum \| SBA \| Discount rate
Discount rate						22.34%
Maximum \| SBA \| Prepayment rate
Prepayment rate						24.51%
Minimum \| Collateral [Member] \| Discount rate
Fair value inputs discount rate				0.00%		0.00%
Minimum \| Impaired Loans [Member] \| Discount rate
Fair value inputs discount rate				0.00%
Minimum \| SBA \| Discount rate
Discount rate						4.62%
Minimum \| SBA \| Prepayment rate
Prepayment rate						8.30%
Weighted Average \| SBA \| Discount rate
Discount rate						14.45%
Weighted Average \| SBA \| Prepayment rate
Prepayment rate						15.84%

Fair Value Measurements and D_8

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Summary of Aggregate Fair Value and the Aggregate Remaining Principal Balance for Residential Mortgage Loans Held for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Fair Value Measurements and Disclosures about Fair Value of Financial Instruments
Residential mortgage loans held for sale Aggregate Fair Value	$ 98,640	$ 167,813
Residential mortgage loans held for sale Aggregate Principal Balance	98,476	163,158
Residential mortgage loans held for sale Difference	$ 164	$ 4,655

Fair Value Measurements and D_9

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments - Summary of Gains and Losses and Interest Included in Earnings Related to Financial Assets Measured at Fair Value Under the Fair Value Options (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Total gains and interest included in earnings	$ (1,585)	$ (6,986)	$ 1,032	$ 3,455
Interest income [Member]
Interest income	959	1,431	1,953	3,264
Mortgage Banking [Member]
Gains (losses) - included in mortgage banking income	$ (2,544)	$ (8,417)	$ (921)	$ 191

Fair Value Measurements and _10

Fair Value Measurements and Disclosures about Fair Value of Financial Instruments (Carrying Value And Estimated Fair Value Of Financial Instruments) (Detail) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Financial assets:
Cash and due from banks	$ 13,365	$ 14,191
Interest-bearing deposits with banks	17,740	19,237
Securities available for sale	282,990	206,681
Securities held to maturity	1,684	1,837
Residential mortgage loans held for sale	1,126,818	1,075,936
Single tenant net lease loans held for sale	38,225	23,020
SBA loan servicing rights	4,447	4,447
Derivative assets (included in other assets)	5,355	3,632
Financial liabilities:
Deposits	1,221,189	1,227,580
Federal Home Loan Bank borrowings	296,592	250,000
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Derivative liabilities (included in other liabilities)	3,521	635
Level 1
Financial assets:
Cash and due from banks	13,365	14,191
Interest-bearing deposits with banks	17,740	19,237
FRB and FHLB stock		0
Equity securities (included in other assets)	112	112
Level 2
Financial assets:
Interest-bearing time deposits	1,770	2,222
Securities available for sale	282,990	206,681
Securities held to maturity	1,779
FRB and FHLB stock		0
Accrued interest receivable	6,273	6,243
Derivative assets (included in other assets)	4,835	1,465
Financial liabilities:
Federal Home Loan Bank borrowings	294,587	251,877
Subordinated note		21,083
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Derivative liabilities (included in other liabilities)	78	35
Level 2 \| Small Business Administration Loans
Financial assets:
Residential mortgage loans held for sale		27,312
Level 2 \| Residential mortgage loans held for sale [Member]
Financial assets:
Residential mortgage loans held for sale		167,813
Level 3
Financial assets:
Residential mortgage loans held for sale	1,159,903	1,124,226
Single tenant net lease loans held for sale		23,020
FRB and FHLB stock		0
SBA loan servicing rights	4,902	4,646
Derivative assets (included in other assets)	520	2,167
Financial liabilities:
Deposits	1,219,521	1,228,147
Derivative liabilities (included in other liabilities)	3,443	600
Fair Value, Measurements, Recurring
Financial assets:
Securities available for sale	282,990	206,681
Derivative assets (included in other assets)	5,355	3,632
Equity securities (included in other assets)	112	112
Financial liabilities:
Derivative liabilities (included in other liabilities)	3,521	635
Fair Value, Measurements, Recurring \| Residential mortgage loans held for sale [Member]
Financial assets:
Residential mortgage loans held for sale	98,640	167,813
Fair Value, Measurements, Recurring \| Level 1
Financial assets:
Equity securities (included in other assets)	112	112
Fair Value, Measurements, Recurring \| Level 2
Financial assets:
Securities available for sale	282,990	206,681
Derivative assets (included in other assets)	4,835	1,465
Financial liabilities:
Derivative liabilities (included in other liabilities)	78	35
Fair Value, Measurements, Recurring \| Level 2 \| Residential mortgage loans held for sale [Member]
Financial assets:
Residential mortgage loans held for sale	98,640	167,813
Fair Value, Measurements, Recurring \| Level 3
Financial assets:
Derivative assets (included in other assets)	520	2,167
Financial liabilities:
Derivative liabilities (included in other liabilities)	3,443	600
Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and due from banks	13,365	14,191
Interest-bearing deposits with banks	17,740	19,237
Interest-bearing time deposits	1,770	2,222
Securities available for sale	282,990	206,681
Securities held to maturity	1,684	1,837
Residential mortgage loans held for sale	1,126,818	1,075,936
Single tenant net lease loans held for sale		23,020
FRB and FHLB stock	18,667	19,258
Accrued interest receivable	6,273	6,243
SBA loan servicing rights	4,447	4,447
Derivative assets (included in other assets)	5,355	3,632
Equity securities (included in other assets)	112	112
Financial liabilities:
Deposits	1,221,189	1,227,580
Federal Home Loan Bank borrowings	296,592	250,000
Subordinated note		19,865
Accrued interest payable	282	258
Advance payments by borrowers for taxes and insurance	1,392	2,076
Derivative liabilities (included in other liabilities)	$ 3,521	635
Estimate of Fair Value Measurement [Member] \| Small Business Administration Loans
Financial assets:
Residential mortgage loans held for sale		24,107
Estimate of Fair Value Measurement [Member] \| Residential mortgage loans held for sale [Member]
Financial assets:
Residential mortgage loans held for sale		167,813
Estimate of Fair Value Measurement [Member] \| Level 2
Financial assets:
Securities held to maturity		2,054
U.S. Treasury bills
Financial assets:
Securities available for sale		$ 250

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Details) - $ / shares	Oct. 06, 2008	Mar. 31, 2022	Sep. 30, 2021
Employee Stock Ownership Plan
Total ESOP shares	203,363	313,389	335,958
Employee stock ownership plan (per share)	$ 10

Stock Based Compensation Plan_2

Stock Based Compensation Plans - Fair Value Of Options Granted (Details)	6 Months Ended
	Mar. 31, 2022$ / shares
Stock Based Compensation Plans
Expected dividend yield	2.32%
Risk-free interest rate	1.55%
Expected volatility	27.00%
Expected life of options	7 years 1 month 6 days
Weighted average fair value at grant date	$ 7.03

Stock Based Compensation Plan_3

Stock Based Compensation Plans - Stock Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Number of Shares
Outstanding at beginning of year		217,074
Granted		137,250
Exercised	(300)		(3,900)
Forfeited or expired		0
Outstanding at end of year		354,324
Vested and expected to vest		354,324
Exercisable at end of year		168,419
Weighted Average Exercise Price
Outstanding at beginning of year		$ 16.58
Granted		26.72
Forfeited or expired		0
Outstanding at end of year		20.51
Vested and expected to vest		20.51
Exercisable at end of year		$ 15.11
Weighted Average Remaining Contractual Term (Years)
Exercisable at end of period		7 years 2 months 12 days
Vested and expected to vest		7 years 2 months 12 days
Exercisable at end of period		5 years 1 month 6 days
Aggregate Intrinsic Value
Outstanding at end of period		$ 1,638
Vested and expected to vest		1,638
Exercisable at end of period		$ 1,587

Stock Based Compensation Plan_4

Stock Based Compensation Plans - Non vested Restricted Shares (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Number of Shares
Nonvested	17,799
Granted	45,750
Vested	(12,225)	(13,125)
Forfeited	0
Nonvested	51,324
Weighted Average Grant Date Fair Value
Nonvested	$ 16.72
Granted	26.72
Vested	14.88
Nonvested	$ 26.07

Stock Based Compensation Plan_5

Stock Based Compensation Plans - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Vesting period			5 years
Terms of award			P10Y
Proceeds from exercise of stock options				$ 4,000
Equity Incentive Plan 2016 [Member]
Aggregated number of shares in stock options	264,000		264,000
Incentive stock options granted			$ 100,000
Common stock available under incentive plan			4,560
2021 Plan
Aggregate number of shares of the Company's common stock available for issuance	356,058		356,058
Number of stock options granted			267,043
Common stock available under incentive plan			173,058
Equity Incentive Plan 2010 [Member]
Common stock available under incentive plan			0
Employee Stock Option [Member]
Unrecognized compensation expenses related to nonvested stock options	$ 939,000		$ 939,000
Intrinsic value of stock options exercised			$ 0	31,000
Vesting period			4 years 5 months 23 days
Proceeds from exercise of stock options		$ 4,000	$ 0	5,000
Compensation expense	$ 81,000	24,000	$ 133,000	46,000
Employee Stock Option [Member] \| Equity Incentive Plan 2016 [Member]
Aggregated number of shares in stock options	198,000		198,000
Common stock available under incentive plan			3,060
Employee Stock Option [Member] \| 2021 Plan
Common stock available under incentive plan			129,793
Restricted Stock [Member]
Number of restricted shares granted			45,750
Unrecognized compensation expenses related to nonvested stock options	$ 1,200,000		$ 1,200,000
Fair value of restricted shares			$ 327,000	$ 277,000
Restricted shares vested			12,225	13,125
weighted average period of compensation expense (in years)			4 years 5 months 4 days
Compensation expense	$ 105,000	$ 47,000	$ 181,000	$ 95,000
Restricted Stock [Member] \| Equity Incentive Plan 2016 [Member]
Aggregated number of shares in stock options	66,000		66,000
Common stock available under incentive plan			1,500
Restricted Stock [Member] \| 2021 Plan
Number of restricted shares granted			89,015
Common stock available under incentive plan			43,265

Derivative Financial Instrume_3

Derivative Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Notional Amount	$ 561,558	$ 622,928
Asset Derivatives	5,355	3,632
Liability Derivatives	3,521	635
Interest rate lock commitments
Notional Amount	311,808	331,178
Asset Derivatives	520	2,167
Liability Derivatives	3,443	600
Forward mortgage loan sale contracts
Notional Amount	249,750	291,750
Asset Derivatives	4,835	1,465
Liability Derivatives	$ 78	$ 35

Derivative Financial Instrume_4

Derivative Financial Instruments - Income (loss) Related To Derivative Financial Instruments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Income (loss) related to derivative financial instruments	$ 7,648	$ 7,824	$ 8,517	$ (3,061)
Interest rate lock commitments
Income (loss) related to derivative financial instruments	(4,663)	(11,153)	(4,490)	(14,675)
Forward mortgage loan sale contracts
Income (loss) related to derivative financial instruments	$ 12,311	$ 18,977	$ 13,007	$ 11,614

Derivative Financial Instrume_5

Derivative Financial Instruments - Additional Information (Details) - USD ($) $ in Millions	Mar. 31, 2022	Sep. 30, 2021
Derivative Financial Instruments
Cash collateral derivative counterparty obligations	$ 2.4	$ 2.4

Regulatory Capital - Bank's Act

Regulatory Capital - Bank's Actual Capital Amounts And Ratios (Details) $ in Thousands	Mar. 31, 2022USD ($)	Sep. 30, 2021USD ($)
Consolidated
Total capital (to risk weighted assets) Actual Amount	$ 224,520	$ 193,476
Tier 1 capital (to risk-weighted assets) Actual Amount	159,861	159,310
Common equity tier 1 capital (to risk-weighted assets) Actual Amount	159,861	159,310
Tier 1 capital (to average adjusted total assets) Actual Amount	$ 159,861	$ 159,310
Total capital (to risk weighted assets) Actual Ratio	14.63	14.28
Tier 1 capital (to risk-weighted assets) Actual Ratio	10.42	11.76
Common equity tier 1 capital (to risk-weighted assets) Actual Ratio	10.42%	11.76%
Tier 1 capital (to average adjusted total assets) Actual Ratio	9.39	9.73
Total capital (to risk weighted assets) Minimum For Capital Adequacy Purposes Amount	$ 122,767	$ 108,401
Tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Amount	92,075	81,301
Common equity tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Amount	69,056	60,976
Tier 1 capital (to average adjusted total assets) Minimum For Capital Adequacy Purposes Amount	$ 68,089	$ 65,480
Total capital (to risk weighted assets) Minimum For Capital Adequacy Purposes Ratio	8	8
Tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Ratio	6	6
Common equity tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Ratio	4.50%	4.50%
Tier 1 capital (to average adjusted total assets) Minimum For Capital Adequacy Purposes Ratio	4	4
Bank [Member]
Total capital (to risk weighted assets) Actual Amount	$ 186,422	$ 183,885
Tier 1 capital (to risk-weighted assets) Actual Amount	171,947	169,584
Common equity tier 1 capital (to risk-weighted assets) Actual Amount	171,947	169,584
Tier 1 capital (to average adjusted total assets) Actual Amount	$ 171,947	$ 169,584
Total capital (to risk weighted assets) Actual Ratio	12.16	13.60
Tier 1 capital (to risk-weighted assets) Actual Ratio	11.22	12.54
Common equity tier 1 capital (to risk-weighted assets) Actual Ratio	11.22%	12.54%
Tier 1 capital (to average adjusted total assets) Actual Ratio	10.06	10.07
Total capital (to risk weighted assets) Minimum For Capital Adequacy Purposes Amount	$ 122,614	$ 108,156
Tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Amount	91,961	81,117
Common equity tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Amount	68,970	60,838
Tier 1 capital (to average adjusted total assets) Minimum For Capital Adequacy Purposes Amount	$ 68,358	$ 67,333
Total capital (to risk weighted assets) Minimum For Capital Adequacy Purposes Ratio	8	8
Tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Ratio	6	6
Common equity tier 1 capital (to risk-weighted assets) Minimum For Capital Adequacy Purposes Ratio	4.50%	4.50%
Tier 1 capital (to average adjusted total assets) Minimum For Capital Adequacy Purposes Ratio	4	4
Total capital (to risk weighted assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 153,268	$ 135,195
Tier 1 capital (to risk-weighted assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	122,614	108,156
Common equity tier 1 capital (to risk-weighted assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	99,624	87,877
Tier 1 capital (to average adjusted total assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 85,448	$ 84,166
Total capital (to risk weighted assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10	10
Tier 1 capital (to risk-weighted assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8	8
Common equity tier 1 capital (to risk-weighted assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 capital (to average adjusted total assets) Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5	5

Regulatory Capital - Additional

Regulatory Capital - Additional Information (Details) - USD ($) $ in Billions	6 Months Ended
	Mar. 31, 2022	Sep. 30, 2021	Sep. 30, 2019	Sep. 30, 2015
Regulatory Capital
Capital Conservation Buffer, Percentage	2.50%	2.50%	2.50%	0.00%
Maximum amount to attain consolidated capital requirements	$ 3

Segment Reporting - Financial S

Segment Reporting - Financial Statements Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)segment	Mar. 31, 2021USD ($)	Sep. 30, 2021USD ($)
Number of operating segments \| segment			3
Net interest income (loss)	$ 14,013	$ 14,780	$ 27,916	$ 28,519
Provision (credit) for loan losses	(30)	287	496	955
Net interest income (loss) after provision	14,043	14,493	27,420	27,564
Net gains on sales of loans, SBA	1,327	3,239	2,963	4,506
Mortgage banking income	16,254	31,469	28,998	74,698
Noninterest income	20,072	38,973	36,663	85,156
Noninterest expense (income)	25,461	39,284	50,313	83,686
Income (loss) before income taxes	8,654	14,182	13,770	29,034
Income tax expense (benefit)	1,619	3,695	2,430	8,222
Segment profit (loss)	7,035	10,487	11,340	20,812
Non-cash items:
Depreciation and amortization	630	584	1,236	1,132
Segment assets	1,801,944	1,750,609	1,801,944	1,750,609	$ 1,721,394
Core Banking
Net interest income (loss)	12,210	11,422	24,016	22,587
Provision (credit) for loan losses	(240)	106	(384)	808
Net interest income (loss) after provision	12,450	11,316	24,400	21,779
Mortgage banking income	2	2	(2)
Noninterest income	2,163	1,490	4,105	3,042
Noninterest expense (income)	9,824	9,224	19,363	17,510
Income (loss) before income taxes	4,789	3,582	9,142	7,311
Income tax expense (benefit)	507	633	1,157	1,322
Segment profit (loss)	4,282	2,949	7,985	5,989
Non-cash items:
Depreciation and amortization	535	493	1,069	954
Segment assets	1,603,253	1,489,670	1,603,253	1,489,670
SBA Lending
Net interest income (loss)	1,602	3,227	3,477	5,374
Provision (credit) for loan losses	210	181	880	147
Net interest income (loss) after provision	1,392	3,046	2,597	5,227
Net gains on sales of loans, SBA	1,327	3,239	2,963	4,506
Noninterest income	1,658	3,407	3,559	4,792
Noninterest expense (income)	2,253	2,449	4,489	5,195
Income (loss) before income taxes	797	4,004	1,667	4,824
Income tax expense (benefit)	240	1,005	505	1,110
Segment profit (loss)	557	2,999	1,162	3,714
Non-cash items:
Depreciation and amortization	8	12	16	23
Segment assets	112,618	257,566	112,618	257,566
Mortgage Banking
Net interest income (loss)	564	439	1,097	1,170
Net interest income (loss) after provision	564	439	1,097	1,170
Mortgage banking income	16,252	31,467	29,000	74,698
Noninterest income	16,251	34,076	28,999	77,322
Noninterest expense (income)	13,397	27,844	26,531	61,388
Income (loss) before income taxes	3,418	6,671	3,565	17,104
Income tax expense (benefit)	1,049	2,183	1,095	6,035
Segment profit (loss)	2,369	4,488	2,470	11,069
Non-cash items:
Depreciation and amortization	42	62	90	121
Segment assets	178,613	246,144	178,613	246,144
Other.
Net interest income (loss)	(363)	(308)	(674)	(612)
Net interest income (loss) after provision	(363)	(308)	(674)	(612)
Noninterest expense (income)	(13)	(233)	(70)	(407)
Income (loss) before income taxes	(350)	(75)	(604)	(205)
Income tax expense (benefit)	(177)	(126)	(327)	(245)
Segment profit (loss)	(173)	51	(277)	40
Non-cash items:
Depreciation and amortization	45	17	61	34
Segment assets	$ (92,540)	$ (242,771)	$ (92,540)	$ (242,771)

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Sources of Noninterest Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Revenue from contracts with customers	$ 1,218	$ 1,238	$ 2,543	$ 2,423
Gain (loss) on securities	(16)	27		38
Gain on sale of SBA loans	1,327	3,239	2,963	4,506
Gain on sale of single tenant net lease loans	557		719
Mortgage banking income	16,254	31,469	28,998	74,698
Increase in cash value of life insurance	251	174	505	360
Real estate lease income	148	149	296	296
Loan servicing and other income	333	2,677	639	2,835
Other noninterest income	18,854	37,735	34,120	82,733
Total noninterest income	20,072	38,973	36,663	85,156
Service charges on deposit accounts
Revenue from contracts with customers	433	328	867	724
ATM and interchange fees
Revenue from contracts with customers	594	513	1,273	1,145
Investment advisory income
Revenue from contracts with customers	157	365	345	499
Other
Revenue from contracts with customers	$ 34	$ 32	$ 58	$ 55

Leases (Details)

Leases (Details) - USD ($)	3 Months Ended		6 Months Ended
Leases (Details) - USD ($)	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021
Lessee, Lease, Description [Line Items]
ROU asset	$ 4,500,000		$ 4,500,000		$ 5,800,000
Location of ROU asset	Other assets		Other assets
Lease liability	$ 4,631,000		$ 4,631,000		$ 5,900,000
Location of lease liability	us-gaap:OtherLiabilities		us-gaap:OtherLiabilities
Lease expense	$ 297,000	$ 495,000	$ 602,000	$ 1,000,000
Operating lease ,Existence of option to extend			true
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	20 years		20 years

Leases - Components of lease ex

Leases - Components of lease expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Leases
Operating lease cost	$ 162	$ 260	$ 256	$ 634
Short-term lease cost	135	235	346	412
Total operating lease cost	$ 297	$ 495	$ 602	$ 1,046

Leases - Future minimum commitm

Leases - Future minimum commitments due (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Sep. 30, 2021
Leases
2022 (remaining six months)	$ 211
2023	403
2024	283
2025	203
2026	203
Thereafter	5,202
Total lease payments	6,505
Less imputed interest	(1,874)
Total	$ 4,631	$ 5,900

Leases - Lease term, discount r

Leases - Lease term, discount rate and supplemental cash flow information (Details) - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Sep. 30, 2021
Leases
Weighted-average remaining lease term (years)	24 years 1 month 6 days		21 years 6 months
Weighted-average discount rate	2.84%		2.53%
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 258	$ 710
ROU assets obtained in exchange for lease obligations:
Operating leases	$ 138	$ 2,037

Mortgage Banking Income (Detail

Mortgage Banking Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Mortgage Banking Income (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Mortgage Banking Income
Origination and sale of mortgage loans (1)	$ (118)	$ 16,770	$ 4,537	$ 59,478
Mortgage brokerage income	207	186	538	201
Net change in fair value of loans held for sale and interest rate lock commitments	(7,206)	(19,570)	(7,428)	(21,987)
Realized and unrealized hedging gains (losses)	12,312	18,977	13,007	11,614
Capitalized residential mortgage loan servicing rights	3,346	14,611	7,850	27,483
Net change in fair value of residential mortgage loan servicing rights	5,556	(876)	6,231	(3,941)
Provisions for loan repurchases and indemnifications	(78)	(111)	(92)	(574)
Servicing income	2,235	1,482	4,355	2,424
Total mortgage banking income	$ 16,254	$ 31,469	$ 28,998	$ 74,698