Meetinghouse Bancorp (MTGB) Inactive 10-K30 Dec 132013 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Sep. 30, 2013	Dec. 23, 2013
Document and Entity Information	'	'
Entity Registrant Name	'Meetinghouse Bancorp, Inc.	'
Entity Central Index Key	'0001543367	'
Document Type	'10-K	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--09-30	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Public Float	$0	'
Entity Common Stock, Shares Outstanding	'	661,250
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'FY	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
ASSETS	'	'
Cash and due from banks	$3,182	$5,110
Federal funds sold	1,485	322
Interest-bearing demand deposits with other banks	46	4,745
Cash and cash equivalents	4,713	10,177
Interest-bearing time deposits in other banks	4,147	3,951
Investments in available-for-sale securities (at fair value)	5,309	5,444
Federal Home Loan Bank stock, at cost	282	401
Loans held-for-sale	749	6,794
Loans, net of allowance for loan losses of $435 as of September 30, 2013 and $334 as of September 30, 2012	57,939	43,368
Premises and equipment	1,865	1,439
Investment in real estate	952	972
Cooperative Central Bank deposit	427	427
Accrued interest receivable	197	173
Other assets	481	938
Total assets	77,061	74,084
Deposits:	'	'
Noninterest-bearing	11,015	14,713
Interest-bearing	55,177	53,584
Total deposits	66,192	68,297
Deferred income tax liability, net	107	197
Other liabilities	375	172
Total liabilities	66,674	68,666
Stockholders' equity:	'	'
Preferred stock, 500,000 shares authorized; none outstanding	'	'
Common stock, $.01 par value; 5,000,000 shares authorized; 661,250 shares issued and outstanding at September 30, 2013; none issued at September 30, 2012	7	'
Additional paid-in capital	5,645	'
Retained earnings	5,179	5,256
Unearned compensation - ESOP (45,795 shares unallocated at September 30, 2013)	-482	'
Accumulated other comprehensive income	38	162
Total stockholders' equity	10,387	5,418
Total liabilities and stockholders' equity	$77,061	$74,084

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
CONSOLIDATED BALANCE SHEETS	'	'
Loans, allowance for loan losses	$435	$334
Preferred stock, shares authorized (in shares)	500,000	500,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares issued (in shares)	661,250	0
Common stock, shares outstanding (in shares)	661,250	'
Unearned Compensation - ESOP, shares unallocated	45,795	'

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Interest and dividend income:	'	'
Interest and fees on loans	$2,441	$2,301
Interest and dividends on securities	142	242
Other interest	44	23
Total interest and dividend income	2,627	2,566
Interest expense:	'	'
Interest on deposits	527	594
Total interest expense	527	594
Net interest and dividend income	2,100	1,972
Provision for loan losses	104	18
Net interest and dividend income after provision for loan losses	1,996	1,954
Noninterest income:	'	'
Gain on secondary market activities	873	817
Customer service fees	310	311
Other income	46	30
Total noninterest income	1,229	1,158
Noninterest expense:	'	'
Salaries and employee benefits	1,738	1,535
Occupancy and equipment expense	375	240
Professional fees	416	196
Data processing	261	235
Deposit insurance expense	64	41
Advertising	85	52
Supplies	57	53
Other real estate owned expense	'	40
Other expense	345	269
Total noninterest expense	3,341	2,661
(Loss) income before income tax (benefit) expense	-116	451
Income tax (benefit) expense	-39	178
Net (loss) income	($77)	$273

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME	'	'
Net (loss) income	($77)	$273
Other comprehensive loss, net of tax:	'	'
Net change in unrealized holding gain on available-for-sale securities, net of tax	-124	-20
Other comprehensive loss, net of tax	-124	-20
Comprehensive (loss) income	($201)	$253

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional paid-in capital	Retained Earnings	Unearned compensation - ESOP	Accumulated Other Comprehensive Income
In Thousands, except Share data, unless otherwise specified	Total	Common Stock	Additional paid-in capital	Retained Earnings	Unearned compensation - ESOP	Accumulated Other Comprehensive Income
Balance at Sep. 30, 2011	$5,165	'	'	$4,983	'	$182
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'
Net (loss) income	273	'	'	273	'	'
Other comprehensive loss, net of tax	-20	'	'	'	'	-20
Balance at Sep. 30, 2012	5,418	'	'	5,256	'	162
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'
Net (loss) income	-77	'	'	-77	'	'
Other comprehensive loss, net of tax	-124	'	'	'	'	-124
Proceeds from issuance of common stock for initial public offering, net of offering costs of $961	5,652	7	5,645	'	'	'
Proceeds from issuance of common stock for initial public offering, net of offering costs of $961 (in shares)	'	661,250	'	'	'	'
Common stock acquired by ESOP (46,287 shares)	-487	'	'	'	-487	'
Common stock released by ESOP (492 shares)	5	'	'	'	5	'
Balance at Sep. 30, 2013	$10,387	$7	$5,645	$5,179	($482)	$38
Balance (in shares) at Sep. 30, 2013	'	661,250	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY	'
Offering costs for issuance of common stock for initial public offering	$961
Common stock acquired by ESOP (in shares)	46,287
Common stock released by ESOP (in shares)	492

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net (loss) income	($77)	$273
Adjustments to reconcile net (loss) income to net cash provided (used in) by operating activities:	'	'
Amortization of securities, net	45	54
Provision for loan losses	104	18
Change in deferred loan costs, net	-238	-83
Loans originated for sale	-86,523	-107,394
Proceeds from sale of loans	93,441	105,843
Gain on loans sold	-873	-817
Depreciation and amortization	137	88
ESOP expense	5	'
(Increase) decrease in accrued interest receivable	-24	9
Decrease (increase) in other assets	464	-629
Deferred tax (benefit) expense	-13	121
Increase (decrease) in accrued expenses and other liabilities	203	-21
Net cash provided by (used in) operating activities	6,651	-2,538
Cash flows from investing activities:	'	'
Purchases of interest-bearing time deposits in other banks	-1,993	-2,803
Proceeds from maturities of interest-bearing time deposits in other banks	1,797	498
Purchases of available-for-sale securities	-2,549	-1,770
Proceeds from maturities of available-for-sale securities	2,438	2,347
Loan originations and principal collections, net	-14,437	-928
Redemption of Federal Home Loan Bank stock	119	126
Investment in real estate	'	-476
Capital expenditures	-550	-336
Net cash (used in) investing activities	-15,175	-3,342
Cash flows from financing activities:	'	'
Net (decrease) increase in demand deposits, NOW and savings accounts	-1,490	4,727
Net (decrease) increase in time deposits	-615	2,817
Proceeds from common stock offering	6,613	'
Costs of common stock offering	-961	'
Common stock acquired by ESOP	-487	'
Net cash provided by financing activities	3,060	7,544
Net (decrease) increase in cash and cash equivalents	-5,464	1,664
Cash and cash equivalents at beginning of year	10,177	8,513
Cash and cash equivalents at end of year	4,713	10,177
Supplemental disclosures:	'	'
Other real estate owned transferred to investment in real estate	'	500
Interest paid	527	594
Income taxes (received) paid	($22)	$104

NATURE_OF_OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
NATURE OF OPERATIONS	Sep. 30, 2013
NATURE OF OPERATIONS	'
NATURE OF OPERATIONS	'
	NOTE 1 - NATURE OF OPERATIONS

	The consolidated financial statements include the accounts of Meetinghouse Bancorp, Inc. (the “Company”) and its wholly-owned subsidiary, Meetinghouse Bank (the “Bank”), and the Bank’s wholly-owned subsidiaries, Meetinghouse Securities Corporation and Richmond Realty Trust. All significant intercompany accounts and transactions have been eliminated in the consolidation.

	On January 17, 2012, the Board of Directors of the Bank adopted a plan of conversion under which the Bank would convert from a Massachusetts-chartered mutual co-operative bank to a Massachusetts-chartered stock co-operative bank and become the wholly-owned subsidiary of a newly chartered stock holding company, Meetinghouse Bancorp, Inc. (“the Company”). The conversion was subject to approval by the Federal Reserve Board and the Massachusetts Division of Banks, non-objection by the Federal Deposit Insurance Corporation, and approval by the depositors of the Bank, and included the filing of a registration statement with the U.S. Securities and Exchange Commission. Such approvals and non-objections were obtained and, effective November 19, 2012, the Company completed its initial public offering in connection with the conversion transaction by selling a total of 661,250 shares of common stock at a purchase price of $10.00 per share in a subscription offering, of which 27,700 shares were purchased by the Company’s employee stock ownership plan (the “ESOP”). An additional 18,587 shares were purchased by the ESOP in the open market subsequent to the initial public offering.

	The cost of conversion and issuing the capital stock has been deducted from the proceeds of the offering. The Company incurred approximately $961,000 in offering costs which were netted against the proceeds of the initial public offering.

	In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities, as of the date of the statement of financial condition and reported amounts of revenues and expenses for the periods presented. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses.

ACCOUNTING_POLICIES

ACCOUNTING POLICIES	12 Months Ended
ACCOUNTING POLICIES	Sep. 30, 2013
ACCOUNTING POLICIES	'
ACCOUNTING POLICIES	'
	NOTE 2 - ACCOUNTING POLICIES

	The accounting and reporting policies of the Company and its subsidiary conform to accounting principles generally accepted in the United States of America and predominant practices within the banking industry. The consolidated financial statements are prepared using the accrual basis of accounting. The significant accounting policies are summarized below to assist the reader in better understanding the consolidated financial statements and other data contained herein.

	USE OF ESTIMATES:

	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

	BASIS OF PRESENTATION:

	The accompanying consolidated financial statements include the accounts of Meetinghouse Bancorp, Inc. and its wholly-owned subsidiary, Meetinghouse Bank, and the Bank’s wholly-owned subsidiaries,

	Meetinghouse Securities Corporation, which was established solely for the purpose of acquiring and holding investments permissible for banks to hold under Massachusetts law; and Richmond Street Realty Trust, which was formed to manage the Bank’s investment in real estate. All significant intercompany accounts and transactions have been eliminated in the consolidation.

	CASH AND CASH EQUIVALENTS:

	For purposes of reporting cash flows, cash and cash equivalents include cash on hand, cash items, due from banks, interest-bearing demand deposits with other banks and federal funds sold.

	SECURITIES:

	Investments in debt securities are adjusted for amortization of premiums and accretion of discounts computed utilizing the interest method. Gains or losses on sales of investment securities are computed on a specific identification basis.

	The Company classifies debt and equity securities into one of three categories: held-to-maturity, available-for-sale, or trading. These security classifications may be modified after acquisition only under certain specified conditions. In general, securities may be classified as held-to-maturity only if the Company has the positive intent and ability to hold them to maturity. Trading securities are defined as those bought and held principally for the purpose of selling them in the near term. All other securities must be classified as available-for-sale.

	· Held-to-maturity securities are measured at amortized cost in the consolidated balance sheets. Unrealized holding gains and losses are not included in earnings or in a separate component of equity. They are merely disclosed in the notes to the consolidated financial statements.

	· Available-for-sale securities are carried at fair value on the consolidated balance sheets. Unrealized holding gains and losses are not included in earnings, but are reported as a net amount (less expected tax) in a separate component of stockholders’ equity until realized.

	· Trading securities are carried at fair value on the consolidated balance sheets. Unrealized holding gains and losses for trading securities are included in earnings.

	For any debt security with a fair value less than its amortized cost basis, the Company will determine whether it has the intent to sell the debt security or whether it is more likely than not it will be required to sell the debt security before the recovery of its amortized cost basis. If either condition is met, the Company will recognize a full impairment charge to earnings. For all other debt securities that are considered other-than-temporarily impaired and do not meet either condition, the credit loss portion of impairment will be recognized in earnings as realized losses. The other-than-temporary impairment related to all other factors will be recorded in other comprehensive income.

	Declines in marketable equity securities below their cost that are deemed other than temporary are reflected in earnings as realized losses.

	As a member of the Federal Home Loan Bank of Boston (FHLB), the Company is required to invest in $100 par value stock of the FHLB. The FHLB capital structure mandates that members must own stock as determined by their Total Stock Investment Requirement which is the sum of a member’s Membership Stock Investment Requirement and Activity-Based Stock Investment Requirement. The Membership Stock Investment Requirement is calculated as 0.35% of a member’s Stock Investment Base, subject to a minimum investment of $10,000 and a maximum investment of $25,000,000. The Stock Investment Base is an amount calculated based on certain assets held by a member that are reflected on call reports submitted to applicable regulatory authorities. The Activity-Based Stock Investment Requirement is calculated as 3.0% for overnight advances, 4.0% for FHLB advances with original terms to maturity of two days to three months and 4.5% for other advances plus a percentage of advance commitments, 0.5% of standby letters of credit issued by the FHLB and 4.5% of the value of intermediated derivative contracts. Management evaluates the Company’s investment in FHLB stock for other-than-temporary impairment at least on a quarterly basis and more frequently when economic or market conditions warrant such evaluation. Based on its most recent analysis of the FHLB as of September 30, 2013, management deems its investment in FHLB stock to be not other-than-temporarily impaired.

	LOANS HELD-FOR-SALE:

	Loans held-for-sale are carried at the lower of cost or estimated market value in the aggregate. Net unrealized losses are recognized through a valuation allowance by charges to income.

	LOANS:

	Loans receivable that management has the intent and ability to hold until maturity or payoff are reported at their outstanding principal balances adjusted for amounts due to borrowers on unadvanced loans, any charge-offs, the allowance for loan losses and any deferred fees or costs on originated loans, or unamortized premiums or discounts on purchased loans.

	Interest on loans is recognized on a simple interest basis.

	Loan origination and commitment fees and certain direct origination costs are deferred, and the net amount amortized as an adjustment of the related loan’s yield. The Company is amortizing these amounts over the contractual life of the related loans.

	Residential real estate loans are generally placed on nonaccrual when reaching 90 days past due or in process of foreclosure. All closed-end consumer loans 90 days or more past due and any equity line in the process of foreclosure are placed on nonaccrual status. Secured consumer loans are written down to realizable value and unsecured consumer loans are charged-off upon reaching 120 or 180 days past due depending on the type of loan. Commercial real estate loans and commercial business loans and leases which are 90 days or more past due are placed on nonaccrual status, unless secured by sufficient cash or other assets immediately convertible to cash. When a loan has been placed on nonaccrual status, previously accrued and uncollected interest is reversed against interest on loans. A loan can be returned to accrual status when collectibility of principal is reasonably assured and the loan has performed for a period of time, generally six months.

	Cash receipts of interest income on impaired loans are credited to principal to the extent necessary to eliminate doubt as to the collectibility of the net carrying amount of the loan. Some or all of the cash receipts of interest income on impaired loans is recognized as interest income if the remaining net carrying amount of the loan is deemed to be fully collectible. When recognition of interest income on an impaired loan on a cash basis is appropriate, the amount of income that is recognized is limited to that which would have been accrued on the net carrying amount of the loan at the contractual interest rate. Any cash interest payments received in excess of the limit and not applied to reduce the net carrying amount of the loan are recorded as recoveries of charge-offs until the charge-offs are fully recovered.

	ALLOWANCE FOR LOAN LOSSES:

	The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance.

	The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.

	The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by the following loan segments: owner and non-owner occupied residential real estate, Home Equity, Multifamily commercial real estate, construction, commercial and consumer. Management uses a rolling average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies; trends in volume and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions. There were no changes in the Company’s policies or methodology pertaining to the general component of the allowance for loan losses during fiscal year 2013.

	The qualitative factors are determined based on the various risk characteristics of each loan segment. Risk characteristics relevant to each portfolio segment are as follows:

	Residential real estate: Residential real estate includes owner and non-owner occupied real estate loans and home equity loans. The Company originates most of the loans in this segment according to FNMA/FHLMC underwriting guidelines. Most loans in this segment are collateralized by residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. There are some non-owner occupied residential real estate with multiple investment properties that are evaluated as commercial real estate property.

Commercial real estate: Commercial real estate includes multi-family and certain non-owner occupied residential real estate. Loans in this segment are primarily income-producing properties throughout Massachusetts. The underlying cash flows generated by the properties are adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, will have an effect on the credit quality in this segment. Management periodically obtains rent rolls and continually monitors the cash flows of these loans.

Construction loans: Loans in this segment primarily include speculative real estate development loans for which payment is derived from sale of the property. Credit risk is affected by cost overruns, time to sell at an adequate price, and market conditions.

Commercial loans: Loans in this segment are made to businesses and are generally secured by assets of the business. Repayment is expected from the cash flows of the business. A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment.

Consumer loans: Loans in this segment are generally unsecured and repayment is dependent on the credit quality of the individual borrower.

The allocated component relates to loans that are classified as impaired. Impairment is measured on a loan by loan basis for commercial, commercial real estate and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential real estate loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement.

A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.

The Company periodically may agree to modify the contractual terms of loans. When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring (“TDR”). All TDRs are classified as impaired.

An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio.

SERVICING:

Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets. Capitalized servicing rights are reported in other assets and are amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights by predominant characteristics such as interest rates and terms. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Impairment is recognized through a valuation allowance for an individual stratum, to the extent that fair value is less than the capitalized amount for the stratum.

PREMISES AND EQUIPMENT:

Premises and equipment are stated at cost, less accumulated depreciation and amortization. Cost and related allowances for depreciation and amortization of premises and equipment retired or otherwise disposed of are removed from the respective accounts with any gain or loss included in income or expense. Depreciation and amortization are calculated principally on a straight-line basis over the estimated useful lives of the assets.

INVESTMENT IN REAL ESTATE:

Investment in real estate is carried at the lower of cost or estimated fair value and includes a building and land located adjacent to the Bank parking lot as well as property formerly held in other real estate owned. Lease income is included in other income and expenses for maintaining these assets are included in other expense. The buildings are being depreciated over their estimated useful lives.

OTHER REAL ESTATE OWNED AND IN-SUBSTANCE FORECLOSURES:

Other real estate owned includes properties acquired through foreclosure and properties classified as in-substance foreclosures in accordance with ASC 310-40, “Receivables-Troubled Debt Restructuring by Creditors.” These properties are carried at the estimated fair value, less estimated selling costs. Any writedown from cost to estimated fair value required at the time of foreclosure or classification as in-substance foreclosure is charged to the allowance for loan losses. Expenses incurred in connection with maintaining these assets, subsequent writedowns and gains or losses recognized upon sale are included in other expense.

In accordance with ASC 310-10-35, “Receivables-Overall-Subsequent Measurements,” the Company classifies loans as in-substance repossessed or foreclosed if the Company receives physical possession of the debtor’s assets regardless of whether formal foreclosure proceedings take place.

ADVERTISING:

The Company directly expenses costs associated with advertising as they are incurred.

INCOME TAXES:

The Company recognizes income taxes under the asset and liability method. Under this method, deferred tax assets and liabilities are established for the temporary differences between the accounting basis and the tax basis of the Company’s assets and liabilities at enacted tax rates expected to be in effect when the amounts related to such temporary differences are realized or settled.

EARNINGS PER SHARE (EPS):

When presented, basic EPS is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Because the formation of the Company was completed on November 19, 2012, earnings per share data is not meaningful for current and prior comparative periods and is therefore not presented.

FAIR VALUES OF FINANCIAL INSTRUMENTS:

ASC 825, “Financial Instruments,” requires that the Company disclose estimated fair value for its financial instruments. Fair value methods and assumptions used by the Company in estimating its fair value disclosures are as follows:

Cash and cash equivalents: The carrying amounts reported in the balance sheet for cash and cash equivalents approximate those assets’ fair values.

Interest-bearing time deposits with other banks: Fair values of interest-bearing time deposits with other banks are estimated using discounted cash flow analyses based on current rates for similar types of deposits.

Securities: Fair values for securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments.

Loans held-for-sale: Fair values of loans held-for-sale are estimated based on outstanding investor commitments or, in the absence of such commitments, are based on current investor yield requirements.

Loans receivable: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.

Accrued interest receivable: The carrying amounts of accrued interest receivable approximate their fair values.

Deposit liabilities: The fair values disclosed for demand deposits (e.g., interest and non-interest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificate accounts are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on certificate accounts.

Off-balance sheet instruments: The fair value of commitments to originate loans is estimated using the fees currently charged to enter similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments and the unadvanced portion of loans, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligation with the counterparties at the reporting date.

EMPLOYEE STOCK OWNERSHIP PLAN:

The Company established an Employee Stock Ownership Plan (ESOP) as part of its stock issuance on November 19, 2012. The ESOP is accounted for in accordance with ASC 718-40, “Compensation — Stock Compensation — Employee Stock Ownership Plan.” Under ASC 718-40, unearned ESOP shares are not considered outstanding and are therefore not taken into account when computing earnings per share. Unearned ESOP shares are presented as a reduction to stockholders’ equity and represent shares to be allocated to ESOP participants in future periods for services provided by the Company. As shares are committed to be released, compensation expense is recognized for the fair market value of the stock and stockholders’ equity is increased by a corresponding amount. The loan to the ESOP will be repaid principally from the Bank’s contributions to the ESOP over a period of 6.1 years. See Note 10.

RECENT ACCOUNTING PRONOUNCEMENTS:

In April 2011, the Financial Accounting Standards Board (FASB) issued ASU 2011-02, “Receivables (Topic 310): A Creditor’s Determination of Whether a Restructuring Is a Troubled Debt Restructuring.” This ASU provides additional guidance or clarification to help creditors determine whether a restructuring constitutes a troubled debt restructuring. The amendments in this ASU are effective for annual periods ending on or after December 15, 2012, including interim periods within those annual periods. See Note 4 for required disclosures for TDRs.

In April 2011, the FASB issued ASU 2011-03, “Transfers and Servicing (Topic 860): Reconsideration of Effective Control for Repurchase Agreements.” The objective of this ASU is to improve the accounting for repurchase agreements and other agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity. This ASU prescribes when an entity may or may not recognize a sale upon the transfer of financial assets subject to repurchase agreements. The guidance in this ASU is effective for the first interim or annual period beginning on or after December 15, 2011. Early adoption is not permitted. The adoption of this guidance did not have a material impact on the Company’s results of operations or financial position.

In May 2011, the FASB issued ASU 2011-04, “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards.” The amendments in this ASU explain how to measure fair value. They do not require additional fair value measurements and are not intended to establish valuation standards or affect valuation practices outside of financial reporting. The amendments in this ASU are to be applied prospectively. The amendments are effective for annual periods beginning after December 15, 2011. The adoption of this guidance did not have a material impact on the Company’s results of operations or financial position.

In June 2011, the FASB issued ASU 2011-05, “Comprehensive Income (Topic 220): Presentation of Comprehensive Income.” The objective of this ASU is to improve the comparability, consistency, and transparency of financial reporting and to increase the prominence of items reported in other comprehensive income. Under this ASU, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. An entity is required to present each component of net income along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. An entity is required to present on the face of the financial statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement(s) where the components of net income and the components of other comprehensive income are presented. The amendments in this ASU should be applied retrospectively. The amendments are effective for fiscal years ending after December 15, 2012, and interim and annual periods thereafter. The required disclosures in the Company’s consolidated financial statements have been reflected in the statements of comprehensive (loss) income and Note 15.

In December 2011, the FASB issued ASU 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities.” The objective of this ASU is to enhance current disclosures. Entities are required to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. The amendments in this ASU are effective for annual periods beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The Company anticipates that the adoption of this guidance will not have a material impact on its consolidated financial statements.

In December 2011, the FASB issued ASU 2011-12, “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05.” The amendments in this update defer those changes in ASU 2011-05 that relate to the presentation of reclassifications out of accumulated other comprehensive income on the components of net income and other comprehensive income for all periods presented. All other requirements in ASU 2011-05 are not affected by this update. The amendments are effective for fiscal years ending after December 15, 2012, and interim and annual periods thereafter. The required disclosures in the Company’s consolidated financial statements have been reflected in the statements of comprehensive (loss) income and Note 15.

In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” The amendments in this update do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. The amendments are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted. The adoption of ASU 2013-02 is not expected to have a material impact on the Company’s consolidated financial statements.

In February 2013, the FASB issued ASU 2013-04, “Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date.” The objective of the amendments in this ASU is to provide guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this guidance is fixed at the reporting date, except for obligations addressed within existing guidance in U.S. generally accepted accounting principles (GAAP). Examples of obligations within the scope of this ASU include debt arrangements, other contractual obligations, and settled litigation and judicial rulings. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014; and should be applied retrospectively to all prior periods presented for those obligations resulting from joint and several liability arrangements within the ASU scope that exist at the beginning of an entity’s fiscal year of adoption. The Company anticipates that the adoption of this guidance will not have a material impact on its consolidated financial statements.

In April 2013, the FASB issued ASU 2013-07, “Presentation of Financial Statements (Topic 205): Liquidation Basis of Accounting.” The amendments in this ASU are being issued to clarify when an entity should apply the liquidation basis of accounting. The guidance provides principles for the recognition and measurement of assets and liabilities and requirements for financial statements prepared using the liquidation basis of accounting. Additionally, the amendments require disclosures about an entity’s plan for liquidation, the methods and significant assumptions used to measure assets and liabilities, the type and amount of costs and income accrued, and the expected duration of the liquidation process. The amendments are effective for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. Entities should apply the requirements prospectively from the day that liquidation becomes imminent. Early adoption is permitted. The Company anticipates that the adoption of this guidance will not have an impact on its consolidated financial statements.

In July 2013, the FASB issued ASU 2013-10, “Derivatives and Hedging (Topic 815) — Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes.” The amendments in this ASU permit the Fed Funds Effective Swap Rate (OIS) to be used as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, in addition to Treasury Obligations of the U.S. government (UST) and the London Interbank Offered Rate (LIBOR). The amendments also remove the restriction on using different benchmark rates for similar hedges. The amendments apply to all entities that elect to apply hedge accounting of the benchmark interest rate under Topic 815. The amendments are effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The adoption of this ASU is not expected to have an impact on the Company’s results of operations or financial position.

In July 2013, the FASB issued ASU 2013-11, “Income Taxes — Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” The amendments in this ASU provide guidance for the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendments in this ASU are expected to reduce diversity in practice by providing guidance on the presentation of unrecognized tax benefits and will better reflect the manner in which an entity would settle at the reporting date any additional income taxes that would result from the disallowance of a tax position when net operating loss carryforwards, similar tax losses, or tax credit carryforwards exist. The amendments apply to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date and are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this guidance is not expected to have an impact on the Company’s results of operations or financial position.

INVESTMENTS_IN_AVAILABLEFORSAL

INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES	12 Months Ended
INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES	Sep. 30, 2013
INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES	'
INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES	'
	NOTE 3 - INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES

	Debt securities have been classified in the consolidated balance sheets according to management’s intent. The amortized cost and their approximate fair values are as follows:

		Amortized		Gross		Gross
		Cost		Unrealized		Unrealized		Fair
		Basis		Gains		Losses		Value
		(In Thousands)
	September 30, 2013:
	U.S. Government and federal agency obligations	$	800	$	—	$	10	$	790
	Corporate debt securities	—		—		—		—
	Mortgage-backed securities	4,445		101		27		4,519
		$	5,245	$	101	$	37	$	5,309

	September 30, 2012:
	U.S. Government and federal agency obligations	$	52	$	—	$	—	$	52
	Corporate debt securities	300		20		—		320
	Mortgage-backed securities	4,827		245		—		5,072
		$	5,179	$	265	$	—	$	5,444

	The fair value of debt securities by contractual maturity at September 30, 2013 is as follows:

		Fair
		Value
		(In Thousands)
	Due after one year through five years	$	739
	Due after ten years	51
	Mortgage-backed securities	4,519
		$	5,309

	There were no sales of available-for-sale securities during the years ended September 30, 2013 and 2012.

	There were no securities of issuers which exceeded 10% of stockholders’ equity as of September 30, 2013.

	Information pertaining to securities with gross unrealized losses at September 30, 2013, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are as follows:

		Less than 12 Months				12 Months or Longer				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
		(In Thousands)
	September 30, 2013:
	U.S. Government and federal agency obligations	$	739	$	10	$	—	$	—	$	739	$	10
	Mortgage-backed securities	2,050		27		—		—		2,050		27
	Total temporarily impaired securities	$	2,789	$	37	$	—	$	—	$	2,789	$	37

	The Company did not have any securities with gross unrealized losses at September 30, 2012.

	Management conducts, at least on a quarterly basis, a review of its investment securities to determine if the value of any security has declined below its cost or amortized cost and whether such decline represents other-than-temporary impairment. The investments in the Company’s investment portfolio that are temporarily impaired as of September 30, 2013 consist of one debt security issued by U.S. Government federal agencies and seven mortgage-backed securities. The unrealized loss at September 30, 2013 is attributable to changes in market interest rates since the Company acquired the securities. As management has the ability and the intent to hold debt securities until recovery to cost basis, the declines are deemed to be not other-than-temporary.

LOANS

LOANS	12 Months Ended
LOANS	Sep. 30, 2013
LOANS	'
LOANS	'
	NOTE 4 - LOANS

	Loans consisted of the following as of September 30:

			2013			2012
			(In thousands)
	Real estate loans:
	Residential		$	38,630		$	28,171
	Commercial		9,023			7,080
	Construction		824			332
	Multi-family		1,712			1,168
	Total real estate		50,189			36,751

	Commercial		1,862			1,550

	Consumer loans:
	Home equity		5,179			4,545
	Other		762			712
	Total consumer		5,941			5,257

			57,992			43,558
	Allowance for loan losses		(435		)	(334		)
	Deferred loan costs, net		382			144
	Net loans		$	57,939		$	43,368

	Certain directors and executive officers of the Company and companies in which they have significant ownership interest were customers of the Bank during the year ended September 30, 2013. Total loans to such persons and their companies amounted to $169,000 as of September 30, 2013. During the year ended September 30, 2013, principal payments amounted to $20,000, and there were no principal advances.

	The following tables set forth information regarding the allowance for loan losses by portfolio segment as of September 30:

			Real Estate
			1-4 Family			1-4 Family
			Owner			Non-Owner															Consumer
			Occupied			Occupied			Multi-family			Commercial			Construction			Commercial			Home Equity			Other			Total
			(In Thousands)
	September 30, 2013:
	Allowance for loan losses:
	Beginning balance		$	135		$	55		$	12		$	67		$	3		$	14		$	33		$	15		$	334
	Charge-offs		—			—			—			—			—			—			—			(3		)	(3		)
	Recoveries		—			—			—			—			—			—			—			—			—
	Provision (benefit)		43			20			5			14			5			2			(2		)	17			104
	Ending balance		$	178		$	75		$	17		$	81		$	8		$	16		$	31		$	29		$	435

	Allowance for loan losses:
	Ending balance:
	Individually evaluated for impairment		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
	Ending balance:
	Collectively evaluated for impairment		178			75			17			81			8			16			31			29			435
	Total allowance for loan losses ending balance		$	178		$	75		$	17		$	81		$	8		$	16		$	31		$	29		$	435

	Loans:
	Ending balance:
	Individually evaluated for impairment		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
	Ending balance:
	Collectively evaluated for impairment		27,155			11,475			1,712			9,023			824			1,862			5,179			762			57,992
	Total loans ending balance		$	27,155		$	11,475		$	1,712		$	9,023		$	824		$	1,862		$	5,179		$	762		$	57,992

			Real Estate
			1-4 Family			1-4 Family
			Owner			Non-Owner															Consumer
			Occupied			Occupied			Multi-family			Commercial			Construction			Commercial			Home Equity			Other			Total
			(In Thousands)
	September 30, 2012:
	Allowance for loan losses:
Beginning balance		$	108		$	53		$	9		$	66		$	9		$	19		$	48		$	4		$	316
Charge-offs		—			—			—			—			—			—			—			—			—
Recoveries		—			—			—			—			—			—			—			—			—
Provision (benefit)		27			2			3			1			(6		)	(5		)	(15		)	11			18
Ending balance		$	135		$	55		$	12		$	67		$	3		$	14		$	33		$	15		$	334

Allowance for loan losses:
Ending balance:
Individually evaluated for impairment		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Ending balance:
Collectively evaluated for impairment		135			55			12			67			3			14			33			15			334
Total allowance for loan losses ending balance		$	135		$	55		$	12		$	67		$	3		$	14		$	33		$	15		$	334

Loans:
Ending balance:
Individually evaluated for impairment		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Ending balance:
Collectively evaluated for impairment		19,751			8,420			1,168			7,080			332			1,550			4,545			712			43,558
Total loans ending balance		$	19,751		$	8,420		$	1,168		$	7,080		$	332		$	1,550		$	4,545		$	712		$	43,558

The following tables set forth information regarding nonaccrual loans and past-due loans as of September 30:

								90 Days												90 Days or
		30—59 Days			60—89 Days			or More			Total			Total						More Past Due
		Past Due			Past Due			Past Due			Past Due			Current			Total			and Accruing			Nonaccrual
		(In Thousands)
September 30, 2013:
Real estate:
Residential one-to-
four family		$	457		$	—		$	46		$	503		$	38,127		$	38,630		$	—		$	46
Commercial		243			—			—			243			8,780			9,023			—			—
Construction		—			—			—			—			824			824			—			—
Multi-family		—			—			—			—			1,712			1,712			—			—
Commercial		—			—			—			—			1,862			1,862			—			—
Home equity		39			—			—			39			5,140			5,179			—			—
Consumer		—			—			—			—			762			762			—			—
Total		$	739		$	—		$	46		$	785		$	57,207		$	57,992		$	—		$	46

September 30, 2012:
Real estate:
Residential one-to-
four family		$	299		$	51		$	—		$	350		$	27,821		$	28,171		$	—		$	—
Commercial		—			—			—			—			7,080			7,080			—			—
Construction		—			—			—			—			332			332			—			—
Multi-family		—			—			—			—			1,168			1,168			—			—
Commercial		—			—			—			—			1,550			1,550			—			—
Home equity		20			—			—			20			4,525			4,545			—			—
Consumer		1			—			3			4			708			712			—			3
Total		$	320		$	51		$	3		$	374		$	43,184		$	43,558		$	—		$	3

As of and during the years ended September 30, 2013 and 2012, the Company had no loans that met the definition of an impaired loan in ASC 310-10-35, “Receivables - Loans and Debt Securities Acquired with Deteriorated Credit Quality - Subsequent Measurement.”

As of and during the years ended September 30, 2013 and 2012, there were no loans that met the definition of a troubled debt restructured loan in ASC 310-10-50.

The following tables present the Company’s loans by risk rating as of September 30:

		Real Estate															Consumer
		Residential			Multi-Family			Commercial			Construction			Commercial			Home Equity			Other			Total
		(In Thousands)
September 30, 2013:
Grade:
Pass		$	—		$	1,712		$	8,259		$	824		$	1,673		$	—		$	—		$	12,468
Special mention		244			—			511			—			189			35			—			979
Substandard		450			—			253			—			—			22			—			725
Not formally rated		37,936			—			—			—			—			5,122			762			43,820
Total		$	38,630		$	1,712		$	9,023		$	824		$	1,862		$	5,179		$	762		$	57,992

September 30, 2012:
Grade:
Pass		$	—		$	1,168		$	6,821		$	332		$	1,360		$	—		$	—		$	9,681
Special mention		256			—			—			—			190			42			—			488
Substandard		459			—			259			—			—			48			—			766
Not formally rated		27,456			—			—			—			—			4,455			712			32,623
Total		$	28,171		$	1,168		$	7,080		$	332		$	1,550		$	4,545		$	712		$	43,558

Credit Quality Information

The Company utilizes an eight grade internal loan rating system for commercial real estate, construction and commercial loans as follows:

Loans rated 1 - 4: Loans in these categories are considered “pass” rated loans and conform in all respects to Company and regulatory requirements. These are also loans for which no repayment risk has been identified. Credit or collateral exceptions are minimal, are in the process of correction and do not represent risk.

Loans rated 5: Loans in this category are considered “special mention” and are fundamentally sound, but exhibit potentially unwarranted credit risk or other unsatisfactory characteristics. The likelihood of loss to the Company is remote.

Loans rated 6: Loans in this category are considered “substandard” and are inadequately protected by current sound net worth, paying capacity of the obligor, or the value of pledged collateral. Loans in this category also include those loans with unsatisfactory characteristics indicating higher levels of risk. The combination of one or more of these characteristics increases the possibility of loss to the Company.

Loans rated 7: Loans in this category are considered “doubtful.” Loans in this category exhibit weaknesses inherent in the substandard classification and, in addition, collection or liquidation in full is highly questionable.

Loans rated 8: Loans in this category are considered uncollectible (“loss”) and are of such little value that their continuance as an active asset is not warranted.

On an annual basis, or more often if needed, the Company formally reviews the ratings on all commercial real estate, construction and commercial loans. For all residential real estate and consumer loans, the Company initially assesses credit quality based upon the borrower’s ability to service the debt and subsequently monitors these loans based upon the borrower’s payment activity.

Loans serviced for others are not included in the accompanying consolidated balance sheets. As of September 30, 2013 and 2012 the unpaid principal balances of loans serviced for others were $26,574,000 and $12,586,000, respectively.

In 2013 and 2012, the Company capitalized mortgage servicing rights totaling $210,000 and $121,000, respectively, and amortized $68,000 and $14,000, respectively. The balance of capitalized mortgage servicing rights included in other assets at September 30, 2013 and 2012 was $240,000 and $103,000, respectively. The fair value of the Company’s mortgage servicing rights at September 30, 2013 and 2012 was $289,000 and $105,000, respectively. Following is an analysis of the aggregate changes in the valuation allowance for mortgage servicing rights for the years ended September 30:

		2013			2012
		(In Thousands)
Beginning balance		$	4		$	—
Additions		9			4
Reductions		(4		)	—
Ending balance		$	9		$	4

PREMISES_AND_EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Sep. 30, 2013
PREMISES AND EQUIPMENT	'
PREMISES AND EQUIPMENT	'
	NOTE 5 - PREMISES AND EQUIPMENT

	The following is a summary of premises and equipment as of September 30:

		2013			2012
		(In Thousands)
	Land	$	229		$	229
	Building and improvements	1,638			1,272
	Furniture, fixtures and equipment	608			440
		2,475			1,941
	Accumulated depreciation and amortization	(610		)	(502		)
		$	1,865		$	1,439

INVESTMENT_IN_REAL_ESTATE

INVESTMENT IN REAL ESTATE	12 Months Ended
	Sep. 30, 2013
INVESTMENT IN REAL ESTATE	'
INVESTMENT IN REAL ESTATE	'
	NOTE 6 - INVESTMENT IN REAL ESTATE

	The balance in investment in real estate consisted of the following as of September 30:

		2013			2012
		(In Thousands)
	Land	$	311		$	311
	Building	665			665
		976			976
	Accumulated depreciation and amortization	(24		)	(4		)
		$	952		$	972

	Rental income from investment in real estate amounted to $47,000 and $10,000 for the years ended September 30, 2013 and 2012, respectively.

DEPOSITS

DEPOSITS	12 Months Ended
	Sep. 30, 2013
DEPOSITS	'
DEPOSITS	'
	NOTE 7 - DEPOSITS

	The aggregate amount of time deposit accounts in denominations of $100,000 or more as of September 30, 2013 and 2012 was $24,082,000 and $24,504,000, respectively.

	For time deposits as of September 30, 2013, the scheduled maturities for each of the following years ended September 30, are:

		(In Thousands)
	2014	$	28,092
	2015	6,387
	2016	1,330
		$	35,809

	The Bank has one customer with deposits at the Bank amounting to $4,167,000, or 6.3% of total deposits, as of September 30, 2013.

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Sep. 30, 2013
INCOME TAXES	'
INCOME TAXES	'
	NOTE 8 - INCOME TAXES

	The components of income tax (benefit) expense are as follows during the years ended September 30:

		2013			2012
		(In Thousands)
	Current:
	Federal	$	(23	)	$	112
	State	(3		)	29
	Utilization of net operating loss carryovers	—			(84		)
		(26		)	57

	Deferred:
	Federal	(10		)	113
	State	(3		)	8
		(13		)	121
	Total income tax (benefit) expense	$	(39	)	$	178

	The reasons for the differences between the statutory federal income tax rate and the effective tax rates are summarized as follows during the years ended September 30:

		2013		2012
		% of		% of
		Income		Income
	Federal income tax statutory rate	(34.0	)%	34	%
	Increase in tax resulting from:
	Other	3.6		(0.1	)
	State tax, net of federal tax benefit	(3.2	)	5.6
	Effective tax rates	(33.6	)%	39.5	%

	The Company had gross deferred tax assets and gross deferred tax liabilities as follows as of September 30:

		2013			2012
		(In Thousands)
	Deferred tax assets:
	Allowance for loan losses	$	10		$	—
	Alternative minimum tax	20			31
	Net operating loss carryovers	10			—
	Charitable contribution carryover	10			—
	Deferred ESOP expense	29			—
	Gross deferred tax assets	79			31

	Deferred tax liabilities:
	Allowance for loan losses	—			(31		)
	Mortgage servicing rights	(96		)	(41		)
	Net unrealized holding gain on available-for-sale securities	(26		)	(103		)
	Depreciation	(64		)	(53		)
	Gross deferred tax liabilities	(186		)	(228		)
	Net deferred tax liability	$	(107	)	$	(197	)

	Deferred tax assets as of September 30, 2013 have not been reduced by a valuation allowance because management believes that it is more likely than not that the full amount of deferred tax assets will be realized.

	The Company has $20,000 of alternative minimum tax credit carryovers which do not expire.

	The federal income tax reserve for loan losses at the Company’s base year amounted to approximately $1,100,000. If any portion of the reserve is used for purposes other than to absorb losses for which established, approximately 150% of the amount actually used (limited to the amount of the reserve) would be subject to taxation in the fiscal year in which used. As the Company intends to use the reserve only to absorb loan losses, a deferred income tax liability of approximately $439,000 has not been provided.

	It is the Company’s policy to provide for uncertain tax positions and the related interest and penalties based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. As of September 30, 2013 and 2012, there were no material uncertain tax positions related to federal and state income tax matters. The Company is currently open to audit under the statute of limitations by the Internal Revenue Service and state taxing authorities for the years ended September 30, 2010 through September 30, 2013.

EMPLOYEE_BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
EMPLOYEE BENEFITS	Sep. 30, 2013
EMPLOYEE BENEFITS	'
EMPLOYEE BENEFITS	'
	NOTE 9 - EMPLOYEE BENEFITS

	The Company has a 401(k) plan which provides for voluntary contributions by participating employees ranging from one percent to seventy-five percent of their compensation, subject to certain limitations. The Company matches 100% of employee contributions up to a maximum of 5% of participant’s compensation. Total expense recorded by the Company for the years ended September 30, 2013 and 2012 amounted to $76,000 and $68,000, respectively.

	Employment Agreement and Change in Control

	The Company and the Bank entered into a three-year employment agreement (Agreement) with an executive officer. The Agreement provides for a three-year term, subject to annual renewal by the boards of directors for an additional year beyond the then-current expiration date. The Agreement also provides for participation in incentive compensation and other employee benefits as described in the Agreement.

	Under the terms of the Agreement, upon the occurrence of a change in control, as defined in the Agreement, followed by executive termination of employment, the Company shall pay the executive a lump sum cash payment equal to two times his base salary then in effect and average bonus paid during the two years prior to the change in control; and continued health and life insurance coverage for 24 months. If at the time of a change in control the remaining term of the Agreement is less than one year, then the term will automatically extend for a period of one year after the date of the change in control.

	The Bank entered into two-year change in control agreements (Agreements) with an executive officer and an officer. Under the Agreements, if the employment of the executive officer or the officer is terminated for any reason other than cause as defined in the Agreements or if the executive officer or officer terminates employment for “good reason,” in either case in connection with or within one year of a change in control and the executive officer or officer is not offered a comparable position with the successor company, the executive officer and/or the officer will receive a lump sum payment equal to two times his base salary then in effect and continued coverage under health and life insurance coverage for 24 months.

EMPLOYEE_STOCK_OWNERSHIP_PLAN_

EMPLOYEE STOCK OWNERSHIP PLAN (''ESOP'')	12 Months Ended
	Sep. 30, 2013
EMPLOYEE STOCK OWNERSHIP PLAN ("ESOP")	'
EMPLOYEE STOCK OWNERSHIP PLAN ("ESOP")	'
	NOTE 10 - EMPLOYEE STOCK OWNERSHIP PLAN (“ESOP”)

	The Company adopted a tax-qualified employee stock ownership plan (“ESOP”) for the benefit of eligible employees. Effective November 19, 2012, the Bank converted from a Massachusetts-chartered mutual co-operative bank to a Massachusetts-chartered stock co-operative bank and became the wholly-owned subsidiary of the Company. The Company completed its initial public offering in connection with the conversion transaction by selling a total of 661,250 shares of common stock at a purchase price of $10.00 per share in a subscription offering, of which 27,700 shares were purchased by the Bank’s ESOP. The ESOP acquired an additional 18,587 shares in the open market subsequent to the conversion.

	The ESOP funded its stock purchase through a loan from the Company equal to 100% of the aggregate purchase price of the common stock. The ESOP trustee will repay the loan principally through the Bank’s contributions to the ESOP and, possibly, dividends paid on common stock held by the plan over the loan term of 6.1 years.

	The trustee will hold the shares purchased in a loan suspense account and will release the shares from the suspense account on a pro rata basis as it repays the loan. The trustee will allocate the shares released among active participants on the basis of each active participant’s proportional share of compensation for the plan year. Generally, participants will receive distributions from the ESOP upon separation from service. The plan will reallocate any unvested shares of common stock forfeited by participants upon their separation from service among the remaining participants in the plan.

	Under applicable accounting requirements, the Company will record a compensation expense for the ESOP at the fair market value of the shares when they are committed to be released from the suspense account to participants’ accounts under the plan.

	At September 30, 2013, the remaining principal balance on the ESOP debt was $483,000 and the number of shares held by the ESOP was 46,287.

	Total compensation expense recognized in connection with the ESOP was $76,500 for the year ended September 30, 2013.

	The remaining principal balance on the ESOP debt as of September 30, 2013 is payable as follows:

	Years Ending
	September 30,	Amount
		(In Thousands)

	2014	$	74
	2015	77
	2016	79
	2017	82
	2018	84
	Thereafter	87
		$	483

	Shares by the ESOP are as follows:

		September 30,
		2013

	Allocated	492
	Unallocated	45,795
	Shares held by ESOP	46,287

	The fair value of unallocated ESOP shares at September 30, 2013 is $550,000.

FINANCIAL_INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Sep. 30, 2013
FINANCIAL INSTRUMENTS	'
FINANCIAL INSTRUMENTS	'
	NOTE 11 - FINANCIAL INSTRUMENTS

	The Company is party to financial instruments with off balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the balance sheet. The contract or notional amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments.

	The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual notional amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments.

	Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the borrower. Collateral held varies but usually includes income producing commercial properties or residential real estate.

	Standby letters of credit are conditional commitments issued by the Company to guarantee the performance by a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. As of September 30, 2013 and 2012, the maximum potential amount of the Company’s obligation was $149,000 for financial and standby letters of credit. The Company’s outstanding letters of credit generally have a term of less than one year. If a letter of credit is drawn upon, the Company may seek recourse through the customer’s underlying line of credit. If the customer’s line of credit is also in default, the Company may take possession of the collateral, if any, securing the line of credit.

	Notional amounts of financial instrument liabilities with off-balance sheet credit risk are as follows as of September 30:

		2013		2012
		(In Thousands)
	Commitments to originate loans	$	1,880	$	1,110
	Unadvanced funds on lines of credit	2,803		2,451
	Unadvanced funds on construction loans	307		—
	Standby letters of credit	149		149
		$	5,139	$	3,710

	There is no material difference between the notional amount and the estimated fair value of the off-balance sheet liabilities.

COMMITMENTS_AND_CONTINGENT_LIA

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Sep. 30, 2013
COMMITMENTS AND CONTINGENT LIABILITIES	'
COMMITMENTS AND CONTINGENT LIABILITIES	'
	NOTE 12 - COMMITMENTS AND CONTINGENT LIABILITIES

	Pursuant to the terms of a non-cancellable lease agreement in effect at September 30, 2013 pertaining to a branch facility, future minimum rental payments Aare as follows for the years ended September 30:

		(In Thousands)
	2014	$	55
	2015	57
	2016	57
	2017	57
	2018	19
	Total	$	245

	Rental expense, including cancellable leases, amounted to $19,000 for the year ended September 30, 2013.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Sep. 30, 2013
FAIR VALUE MEASUREMENTS	'
FAIR VALUE MEASUREMENTS	'
	NOTE 13 - FAIR VALUE MEASUREMENTS

	ASC 820-10, “Fair Value Measurements and Disclosures,” provides a framework for measuring fair value under generally accepted accounting principles. This guidance also allows an entity the irrevocable option to elect fair value for the initial and subsequent measurement for certain financial assets and liabilities on a contract-by-contract basis.

	In accordance with ASC 820-10, the Company groups its financial assets and financial liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.

	Level 1 - Valuations for assets and liabilities traded in active exchange markets, such as the New York Stock Exchange. Level 1 also includes U.S. Treasury, other U.S. Government and agency mortgage-backed securities that are traded by dealers or brokers in active markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities.

	Level 2 - Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities.

	Level 3 - Valuations for assets and liabilities that are derived from other methodologies, including option pricing models, discounted cash flow models and similar techniques, are not based on market exchange, dealer, or broker traded transactions. Level 3 valuations incorporate certain assumptions and projections in determining the fair value assigned to such assets and liabilities.

	A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement.

	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. These valuation methodologies were applied to all of the Company’s financial assets and financial liabilities carried at fair value for September 30, 2013 and 2012. The Company did not have any significant transfers of assets between levels 1 and 2 of the fair value hierarchy during the years ended September 30, 2013 and 2012.

	The Company’s cash instruments are generally classified within level 1 or level 2 of the fair value hierarchy because they are valued using quoted market prices, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency.

	The Company’s investment in mortgage-backed securities and other debt securities available-for-sale is generally classified within level 2 of the fair value hierarchy. For these securities, we obtain fair value measurements from independent pricing services. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. treasury yield curve, trading levels, market consensus prepayment speeds, credit information and the instrument’s terms and conditions.

	Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Subsequent to inception, management only changes level 3 inputs and assumptions when corroborated by evidence such as transactions in similar instruments, completed or pending third-party transactions in the underlying investment or comparable entities, subsequent rounds of financing, recapitalization and other transactions across the capital structure, offerings in the equity or debt markets, and changes in financial ratios or cash flows.

	The Company’s impaired loans are reported at the fair value of the underlying collateral if repayment is expected solely from the collateral. Collateral values are estimated using level 2 inputs based upon appraisals of similar properties obtained from a third party. The fair value of impaired loans estimated using level 3 inputs are based on management estimates.

	The following summarizes assets measured at fair value on a recurring basis for the periods ending September 30:

			Fair Value Measurements at Reporting Date Using:
						Quoted Prices in			Significant			Significant
						Active Markets for			Other Observable			Unobservable
						Identical Assets			Inputs			Inputs
			Total			Level 1			Level 2			Level 3
			(In Thousands)
	September 30, 2013:
	Securities available-for-sale:
	U.S. Government and federal agency obligations		$	790		$	—		$	790		$	—
	Corporate debt securities		—			—			—			—
	Mortgage-backed securities		4,519			—			4,519			—
			$	5,309		$	—		$	5,309		$	—

	September 30, 2012:
	Securities available-for-sale:
	U.S. Government and federal agency obligations		$	52		$	—		$	52		$	—
	Corporate debt securities		320			—			320			—
	Mortgage-backed securities		5,072			—			5,072			—
			$	5,444		$	—		$	5,444		$	—

	There were no assets or liabilities measured at fair value on a nonrecurring basis for the period ending September 30, 2013.

	The estimated fair values of the Company’s financial instruments, all of which are held or issued for purposes other than trading, are as follows as of September 30:

			September 30, 2013
			Carrying			Fair Value
			Amount			Level 1			Level 2			Level 3			Total
			(In Thousands)
	Financial assets:
	Cash and cash equivalents		$	4,713		$	4,713		$	—		$	—		$	4,713
	Interest-bearing time deposits with other banks		4,147			—			4,152			—			4,152
	Available-for-sale securities		5,309			—			5,309			—			5,309
	Federal Home Loan Bank stock		282			282			—			—			282
	Loans held-for-sale		749			768			—			—			768
	Loans, net		57,939			—			—			57,640			57,640
	Accrued interest receivable		197			197			—			—			197

Financial liabilities:
Deposits		66,192			—			66,429			—			66,429


		September 30, 2012
		Carrying			Fair Value
		Amount			Level 1			Level 2			Level 3			Total
		(In Thousands)
Financial assets:
Cash and cash equivalents		$	10,177		$	10,177		$	—		$	—		$	10,177
Interest-bearing time deposits with other banks		3,951			—			3,953			—			3,953
Available-for-sale securities		5,444			—			5,444			—			5,444
Federal Home Loan Bank stock		401			401			—			—			401
Loans held-for-sale		6,794			6,902			—			—			6,902
Loans, net		43,368			—			—			44,132			44,132
Accrued interest receivable		173			173			—			—			173

Financial liabilities:
Deposits		68,297			—			68,556			—			68,556


The carrying amounts of financial instruments shown in the above table are included in the consolidated balance sheets as of September 30, 2013 and 2012 under the indicated captions. Accounting policies related to financial instruments are described in Note 2.

The Company may be required, from time to time, to measure certain other assets at fair value on a non-recurring basis in accordance with GAAP. There were no Level 1, Level 2 or Level 3 nonrecurring fair value measurements for the periods ended September 30, 2013 and September 30, 2012.

SIGNIFICANT_GROUP_CONCENTRATIO

SIGNIFICANT GROUP CONCENTRATIONS OF CREDIT RISK	12 Months Ended
SIGNIFICANT GROUP CONCENTRATIONS OF CREDIT RISK	Sep. 30, 2013
SIGNIFICANT GROUP CONCENTRATIONS OF CREDIT RISK	'
SIGNIFICANT GROUP CONCENTRATIONS OF CREDIT RISK	'
	NOTE 14 - SIGNIFICANT GROUP CONCENTRATIONS OF CREDIT RISK

	Most of the Company’s business activity is with customers located within the Commonwealth of Massachusetts. There are no concentrations of credit to borrowers that have similar economic characteristics. The majority of the Company’s loan portfolio is comprised of loans collateralized by real estate located in the Commonwealth of Massachusetts.

OTHER_COMPREHENSIVE_LOSS

OTHER COMPREHENSIVE LOSS	12 Months Ended
	Sep. 30, 2013
OTHER COMPREHENSIVE LOSS	'
OTHER COMPREHENSIVE LOSS	'
	NOTE 15 - OTHER COMPREHENSIVE LOSS

	Accounting principles generally require that recognized revenue, expenses, gains and losses be included in net income. Although certain changes in assets and liabilities are reported as a separate component of the stockholders’ equity section of the consolidated balance sheets, such items, along with net income, are components of comprehensive income.

	The components of other comprehensive loss, included in stockholders’ equity are as follows during the years ended September 30:

		2013			2012
		(In Thousands)
	Unrealized gains on securities
	Net unrealized holding loss on available-for-sale securities	$	(201	)	$	(36	)
	Reclassification adjustment for realized (gains) losses in net income	—			—
		(201		)	(36		)
	Income tax benefit	77			16
	Other comprehensive loss, net of tax	$	(124	)	$	(20	)

	At September 30, 2013 and 2012, the components of accumulated other comprehensive income, included in stockholders’ equity, are as follows:

		2013			2012
		(In Thousands)
	Net unrealized gain on securities available-for-sale, net of tax	$	38		$	162
	Total accumulated other comprehensive income	$	38		$	162

REGULATORY_CAPITAL

REGULATORY CAPITAL	12 Months Ended
	Sep. 30, 2013
REGULATORY CAPITAL	'
REGULATORY CAPITAL	'
	NOTE 16 - 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 Bank’s 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 and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of September 30, 2013 and 2012, that the Bank meets all capital adequacy requirements to which it is subject.

	As of September 30, 2013, the most recent notification from the Federal Deposit Insurance Corporation 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 and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the institution’s category.

	The Bank’s actual capital amounts and ratios are also presented in the table.

											To Be Well
											Capitalized Under
						For Capital					Prompt Corrective
		Actual				Adequacy Purposes					Action Provisions
		Amount		Ratio		Amount		Ratio			Amount		Ratio
		(Dollars in Thousands)
	As of September 30, 2013:
	Total Capital (to Risk Weighted Assets)	$	8,014	17.9	%	$	3,576	>	8	%	$	4,469	>	10	%
	Tier 1 Capital (to Risk Weighted Assets)	7,579		17		1,788		>	4		2,682		>	6
	Tier 1 Capital (to Average Assets)	7,579		10		3,040		>	4		3,800		>	5

	As of September 30, 2012:
	Total Capital (to Risk Weighted Assets)	5,579		14.3		3,125		>	8		3,906		>	10
	Tier 1 Capital (to Risk Weighted Assets)	5,246		13.4		1,562		>	4		2,343		>	6
	Tier 1 Capital (to Average Assets)	5,246		7.4		2,849		>	4		3,562		>	5

RECLASSIFICATION

RECLASSIFICATION	12 Months Ended
RECLASSIFICATION	Sep. 30, 2013
RECLASSIFICATION	'
RECLASSIFICATION	'
	NOTE 17 - RECLASSIFICATION

	Certain amounts in the prior year have been reclassified to be consistent with the current year’s statement presentation.

CONDENSED_PARENT_COMPANY_ONLY_

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	12 Months Ended
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	Sep. 30, 2013
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	'
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	'
	NOTE 18 - CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS

	The following are the condensed balance sheet, statements of operation and cash flows for Meetinghouse Bancorp, Inc. (“Parent Company”) as of and for the year ended September 30, 2013:

	CONDENSED BALANCE SHEET

			2013
			(In Thousands)
	ASSETS
	Cash and due from banks		$	1,738
	Interest-bearing time deposits		496
	Investment in Meetinghouse Bank		7,620
	Loan to ESOP		483
	Net deferred tax asset		10
	Accrued interest receivable		12
	Other assets		28
	Total assets		$	10,387

	STOCKHOLDERS’ EQUITY
	Stockholders’ equity		10,387
	Total stockholders’ equity		$	10,387

	CONDENSED STATEMENT OF OPERATION

	Interest income on ESOP loan		$	13
	Interest income on time deposits		1
	Total interest income		14
	Director fees		7
	Professional fees		80
	Other expenses		16
	Total other expenses		103
	Loss before undistributed earnings		(89		)
	Equity in undistributed earnings of subsidiary		(18		)
	Loss before income taxes		(107		)
	Income tax benefit		(30		)
	Net loss		$	(77	)

	CONDENSED STATEMENT OF CASH FLOWS

			2013
			(In Thousands)
	Cash flows from operating activities:
	Net loss		$	(77	)
	Increase in accrued interest receivable		(12		)
	Deferred tax benefit		(10		)
	Increase in income taxes receivable		(20		)
	Increase in other assets		(8		)
	Equity in undistributed earnings of subsidiary		18

	Net cash (used in) provided by operating activities		(109		)

	Cash flows from investing activities:
	Purchase of interest-bearing time deposits		(496		)
	ESOP loan, net of principal payments		(483		)
	Investment in subsidiary, Meetinghouse Bank		(2,826		)

	Net cash used in by investing activities		(3,805		)

	Cash flows from financing activities:
	Proceeds from common stock offering		6,613
	Costs of common stock offering		(961		)

	Net cash provided by (used in) financing activities		5,652

Net increase (decrease) in cash		1,738
Cash, beginning of year		—
Cash, end of year		$	1,738

QUARTERLY_RESULTS_OF_OPERATION

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	12 Months Ended
	Sep. 30, 2013
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	'
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	'
	NOTE 19 - QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

		Year Ended September 30,
		2013
		First		Second			Third			Fourth
		Quarter		Quarter			Quarter			Quarter
		(In Thousands)

	Interest and dividend income	$	619	$	663		$	670		$	675
	Interest expense	133		132			131			131
	Net interest and dividend income	486		531			539			544
	Provision for loan losses	4		41			27			32
	Net interest and dividend income, after provision for loan losses	482		490			512			512
	Total noninterest income	355		352			276			246
	Total noninterest expense	784		795			909			853
	Income (loss) before income taxes	53		47			(121		)	(95		)
	Provision (benefit) for income taxes	19		13			(49		)	(22		)
	Net income (loss)	$	34	$	34		$	(72	)	$	(73	)

		Year Ended September 30,
		2012
		First		Second			Third			Fourth
		Quarter		Quarter			Quarter			Quarter
		(In Thousands)

	Interest and dividend income	$	695	$	625		$	617		$	629
	Interest expense	159		150			145			140
	Net interest and dividend income	536		475			472			489
	Provision (benefit) for loan losses	15		(3		)	8			(2		)
	Net interest and dividend income, after provision (benefit) for loan losses	521		478			464			491
	Total noninterest income	277		190			193			498
	Total noninterest expense	612		612			663			774
	Income (loss) before income taxes	186		56			(6		)	215
	Provision (benefit) for income taxes	75		22			(3		)	84
	Net income (loss)	$	111	$	34		$	(3	)	$	131

ACCOUNTING_POLICIES_Policies

ACCOUNTING POLICIES (Policies)	12 Months Ended
ACCOUNTING POLICIES (Policies)	Sep. 30, 2013
ACCOUNTING POLICIES	'
USE OF ESTIMATES	'
	USE OF ESTIMATES:

	The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION:

	The accompanying consolidated financial statements include the accounts of Meetinghouse Bancorp, Inc. and its wholly-owned subsidiary, Meetinghouse Bank, and the Bank’s wholly-owned subsidiaries,

	Meetinghouse Securities Corporation, which was established solely for the purpose of acquiring and holding investments permissible for banks to hold under Massachusetts law; and Richmond Street Realty Trust, which was formed to manage the Bank’s investment in real estate. All significant intercompany accounts and transactions have been eliminated in the consolidation.
CASH AND CASH EQUIVALENTS	'
	CASH AND CASH EQUIVALENTS:

	For purposes of reporting cash flows, cash and cash equivalents include cash on hand, cash items, due from banks, interest-bearing demand deposits with other banks and federal funds sold.
SECURITIES	'
	SECURITIES:

	Investments in debt securities are adjusted for amortization of premiums and accretion of discounts computed utilizing the interest method. Gains or losses on sales of investment securities are computed on a specific identification basis.

	The Company classifies debt and equity securities into one of three categories: held-to-maturity, available-for-sale, or trading. These security classifications may be modified after acquisition only under certain specified conditions. In general, securities may be classified as held-to-maturity only if the Company has the positive intent and ability to hold them to maturity. Trading securities are defined as those bought and held principally for the purpose of selling them in the near term. All other securities must be classified as available-for-sale.

	· Held-to-maturity securities are measured at amortized cost in the consolidated balance sheets. Unrealized holding gains and losses are not included in earnings or in a separate component of equity. They are merely disclosed in the notes to the consolidated financial statements.

	· Available-for-sale securities are carried at fair value on the consolidated balance sheets. Unrealized holding gains and losses are not included in earnings, but are reported as a net amount (less expected tax) in a separate component of stockholders’ equity until realized.

	· Trading securities are carried at fair value on the consolidated balance sheets. Unrealized holding gains and losses for trading securities are included in earnings.

	For any debt security with a fair value less than its amortized cost basis, the Company will determine whether it has the intent to sell the debt security or whether it is more likely than not it will be required to sell the debt security before the recovery of its amortized cost basis. If either condition is met, the Company will recognize a full impairment charge to earnings. For all other debt securities that are considered other-than-temporarily impaired and do not meet either condition, the credit loss portion of impairment will be recognized in earnings as realized losses. The other-than-temporary impairment related to all other factors will be recorded in other comprehensive income.

	Declines in marketable equity securities below their cost that are deemed other than temporary are reflected in earnings as realized losses.

	As a member of the Federal Home Loan Bank of Boston (FHLB), the Company is required to invest in $100 par value stock of the FHLB. The FHLB capital structure mandates that members must own stock as determined by their Total Stock Investment Requirement which is the sum of a member’s Membership Stock Investment Requirement and Activity-Based Stock Investment Requirement. The Membership Stock Investment Requirement is calculated as 0.35% of a member’s Stock Investment Base, subject to a minimum investment of $10,000 and a maximum investment of $25,000,000. The Stock Investment Base is an amount calculated based on certain assets held by a member that are reflected on call reports submitted to applicable regulatory authorities. The Activity-Based Stock Investment Requirement is calculated as 3.0% for overnight advances, 4.0% for FHLB advances with original terms to maturity of two days to three months and 4.5% for other advances plus a percentage of advance commitments, 0.5% of standby letters of credit issued by the FHLB and 4.5% of the value of intermediated derivative contracts. Management evaluates the Company’s investment in FHLB stock for other-than-temporary impairment at least on a quarterly basis and more frequently when economic or market conditions warrant such evaluation. Based on its most recent analysis of the FHLB as of September 30, 2013, management deems its investment in FHLB stock to be not other-than-temporarily impaired.
LOANS HELD-FOR-SALE	'
	LOANS HELD-FOR-SALE:

	Loans held-for-sale are carried at the lower of cost or estimated market value in the aggregate. Net unrealized losses are recognized through a valuation allowance by charges to income.
LOANS	'
	LOANS:

	Loans receivable that management has the intent and ability to hold until maturity or payoff are reported at their outstanding principal balances adjusted for amounts due to borrowers on unadvanced loans, any charge-offs, the allowance for loan losses and any deferred fees or costs on originated loans, or unamortized premiums or discounts on purchased loans.

	Interest on loans is recognized on a simple interest basis.

	Loan origination and commitment fees and certain direct origination costs are deferred, and the net amount amortized as an adjustment of the related loan’s yield. The Company is amortizing these amounts over the contractual life of the related loans.

	Residential real estate loans are generally placed on nonaccrual when reaching 90 days past due or in process of foreclosure. All closed-end consumer loans 90 days or more past due and any equity line in the process of foreclosure are placed on nonaccrual status. Secured consumer loans are written down to realizable value and unsecured consumer loans are charged-off upon reaching 120 or 180 days past due depending on the type of loan. Commercial real estate loans and commercial business loans and leases which are 90 days or more past due are placed on nonaccrual status, unless secured by sufficient cash or other assets immediately convertible to cash. When a loan has been placed on nonaccrual status, previously accrued and uncollected interest is reversed against interest on loans. A loan can be returned to accrual status when collectibility of principal is reasonably assured and the loan has performed for a period of time, generally six months.

	Cash receipts of interest income on impaired loans are credited to principal to the extent necessary to eliminate doubt as to the collectibility of the net carrying amount of the loan. Some or all of the cash receipts of interest income on impaired loans is recognized as interest income if the remaining net carrying amount of the loan is deemed to be fully collectible. When recognition of interest income on an impaired loan on a cash basis is appropriate, the amount of income that is recognized is limited to that which would have been accrued on the net carrying amount of the loan at the contractual interest rate. Any cash interest payments received in excess of the limit and not applied to reduce the net carrying amount of the loan are recorded as recoveries of charge-offs until the charge-offs are fully recovered.
ALLOWANCE FOR LOAN LOSSES	'
	ALLOWANCE FOR LOAN LOSSES:

	The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance.

	The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.

	The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by the following loan segments: owner and non-owner occupied residential real estate, Home Equity, Multifamily commercial real estate, construction, commercial and consumer. Management uses a rolling average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies; trends in volume and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions. There were no changes in the Company’s policies or methodology pertaining to the general component of the allowance for loan losses during fiscal year 2013.

	The qualitative factors are determined based on the various risk characteristics of each loan segment. Risk characteristics relevant to each portfolio segment are as follows:

	Residential real estate: Residential real estate includes owner and non-owner occupied real estate loans and home equity loans. The Company originates most of the loans in this segment according to FNMA/FHLMC underwriting guidelines. Most loans in this segment are collateralized by residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. There are some non-owner occupied residential real estate with multiple investment properties that are evaluated as commercial real estate property.

	Commercial real estate: Commercial real estate includes multi-family and certain non-owner occupied residential real estate. Loans in this segment are primarily income-producing properties throughout Massachusetts. The underlying cash flows generated by the properties are adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, will have an effect on the credit quality in this segment. Management periodically obtains rent rolls and continually monitors the cash flows of these loans.

	Construction loans: Loans in this segment primarily include speculative real estate development loans for which payment is derived from sale of the property. Credit risk is affected by cost overruns, time to sell at an adequate price, and market conditions.

	Commercial loans: Loans in this segment are made to businesses and are generally secured by assets of the business. Repayment is expected from the cash flows of the business. A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment.

	Consumer loans: Loans in this segment are generally unsecured and repayment is dependent on the credit quality of the individual borrower.

	The allocated component relates to loans that are classified as impaired. Impairment is measured on a loan by loan basis for commercial, commercial real estate and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, the Company does not separately identify individual consumer and residential real estate loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement.

	A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.

	The Company periodically may agree to modify the contractual terms of loans. When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring (“TDR”). All TDRs are classified as impaired.

	An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio.
SERVICING	'
	SERVICING:

	Servicing assets are recognized as separate assets when rights are acquired through purchase or through sale of financial assets. Capitalized servicing rights are reported in other assets and are amortized into noninterest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to amortized cost. Impairment is determined by stratifying rights by predominant characteristics such as interest rates and terms. Fair value is determined using prices for similar assets with similar characteristics, when available, or based upon discounted cash flows using market-based assumptions. Impairment is recognized through a valuation allowance for an individual stratum, to the extent that fair value is less than the capitalized amount for the stratum.
PREMISES AND EQUIPMENT	'
	PREMISES AND EQUIPMENT:

	Premises and equipment are stated at cost, less accumulated depreciation and amortization. Cost and related allowances for depreciation and amortization of premises and equipment retired or otherwise disposed of are removed from the respective accounts with any gain or loss included in income or expense. Depreciation and amortization are calculated principally on a straight-line basis over the estimated useful lives of the assets.
INVESTMENT IN REAL ESTATE	'
	INVESTMENT IN REAL ESTATE:

	Investment in real estate is carried at the lower of cost or estimated fair value and includes a building and land located adjacent to the Bank parking lot as well as property formerly held in other real estate owned. Lease income is included in other income and expenses for maintaining these assets are included in other expense. The buildings are being depreciated over their estimated useful lives.
OTHER REAL ESTATE OWNED AND IN-SUBSTANCE FORECLOSURES	'
	OTHER REAL ESTATE OWNED AND IN-SUBSTANCE FORECLOSURES:

	Other real estate owned includes properties acquired through foreclosure and properties classified as in-substance foreclosures in accordance with ASC 310-40, “Receivables-Troubled Debt Restructuring by Creditors.” These properties are carried at the estimated fair value, less estimated selling costs. Any writedown from cost to estimated fair value required at the time of foreclosure or classification as in-substance foreclosure is charged to the allowance for loan losses. Expenses incurred in connection with maintaining these assets, subsequent writedowns and gains or losses recognized upon sale are included in other expense.

	In accordance with ASC 310-10-35, “Receivables-Overall-Subsequent Measurements,” the Company classifies loans as in-substance repossessed or foreclosed if the Company receives physical possession of the debtor’s assets regardless of whether formal foreclosure proceedings take place.
ADVERTISING	'
	ADVERTISING:

	The Company directly expenses costs associated with advertising as they are incurred.
INCOME TAXES	'
	INCOME TAXES:

	The Company recognizes income taxes under the asset and liability method. Under this method, deferred tax assets and liabilities are established for the temporary differences between the accounting basis and the tax basis of the Company’s assets and liabilities at enacted tax rates expected to be in effect when the amounts related to such temporary differences are realized or settled.
EARNINGS PER SHARE (EPS)	'
	EARNINGS PER SHARE (EPS):

	When presented, basic EPS is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Because the formation of the Company was completed on November 19, 2012, earnings per share data is not meaningful for current and prior comparative periods and is therefore not presented.
FAIR VALUES OF FINANCIAL INSTRUMENTS	'
	FAIR VALUES OF FINANCIAL INSTRUMENTS:

	ASC 825, “Financial Instruments,” requires that the Company disclose estimated fair value for its financial instruments. Fair value methods and assumptions used by the Company in estimating its fair value disclosures are as follows:

	Cash and cash equivalents: The carrying amounts reported in the balance sheet for cash and cash equivalents approximate those assets’ fair values.

	Interest-bearing time deposits with other banks: Fair values of interest-bearing time deposits with other banks are estimated using discounted cash flow analyses based on current rates for similar types of deposits.

	Securities: Fair values for securities are based on quoted market prices, where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments.

	Loans held-for-sale: Fair values of loans held-for-sale are estimated based on outstanding investor commitments or, in the absence of such commitments, are based on current investor yield requirements.

	Loans receivable: For variable-rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality.

	Accrued interest receivable: The carrying amounts of accrued interest receivable approximate their fair values.

	Deposit liabilities: The fair values disclosed for demand deposits (e.g., interest and non-interest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificate accounts are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on certificate accounts.

	Off-balance sheet instruments: The fair value of commitments to originate loans is estimated using the fees currently charged to enter similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments and the unadvanced portion of loans, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligation with the counterparties at the reporting date.
EMPLOYEE STOCK OWNERSHIP PLAN	'
	EMPLOYEE STOCK OWNERSHIP PLAN:

	The Company established an Employee Stock Ownership Plan (ESOP) as part of its stock issuance on November 19, 2012. The ESOP is accounted for in accordance with ASC 718-40, “Compensation — Stock Compensation — Employee Stock Ownership Plan.” Under ASC 718-40, unearned ESOP shares are not considered outstanding and are therefore not taken into account when computing earnings per share. Unearned ESOP shares are presented as a reduction to stockholders’ equity and represent shares to be allocated to ESOP participants in future periods for services provided by the Company. As shares are committed to be released, compensation expense is recognized for the fair market value of the stock and stockholders’ equity is increased by a corresponding amount. The loan to the ESOP will be repaid principally from the Bank’s contributions to the ESOP over a period of 6.1 years. See Note 10.
RECENT ACCOUNTING PRONOUNCEMENTS	'
	RECENT ACCOUNTING PRONOUNCEMENTS:

	In April 2011, the Financial Accounting Standards Board (FASB) issued ASU 2011-02, “Receivables (Topic 310): A Creditor’s Determination of Whether a Restructuring Is a Troubled Debt Restructuring.” This ASU provides additional guidance or clarification to help creditors determine whether a restructuring constitutes a troubled debt restructuring. The amendments in this ASU are effective for annual periods ending on or after December 15, 2012, including interim periods within those annual periods. See Note 4 for required disclosures for TDRs.

	In April 2011, the FASB issued ASU 2011-03, “Transfers and Servicing (Topic 860): Reconsideration of Effective Control for Repurchase Agreements.” The objective of this ASU is to improve the accounting for repurchase agreements and other agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity. This ASU prescribes when an entity may or may not recognize a sale upon the transfer of financial assets subject to repurchase agreements. The guidance in this ASU is effective for the first interim or annual period beginning on or after December 15, 2011. Early adoption is not permitted. The adoption of this guidance did not have a material impact on the Company’s results of operations or financial position.

	In May 2011, the FASB issued ASU 2011-04, “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and International Financial Reporting Standards.” The amendments in this ASU explain how to measure fair value. They do not require additional fair value measurements and are not intended to establish valuation standards or affect valuation practices outside of financial reporting. The amendments in this ASU are to be applied prospectively. The amendments are effective for annual periods beginning after December 15, 2011. The adoption of this guidance did not have a material impact on the Company’s results of operations or financial position.

	In June 2011, the FASB issued ASU 2011-05, “Comprehensive Income (Topic 220): Presentation of Comprehensive Income.” The objective of this ASU is to improve the comparability, consistency, and transparency of financial reporting and to increase the prominence of items reported in other comprehensive income. Under this ASU, an entity has the option to present the total of comprehensive income, the components of net income, and the components of other comprehensive income either in a single continuous statement of comprehensive income or in two separate but consecutive statements. An entity is required to present each component of net income along with total net income, each component of other comprehensive income along with a total for other comprehensive income, and a total amount for comprehensive income. An entity is required to present on the face of the financial statements reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement(s) where the components of net income and the components of other comprehensive income are presented. The amendments in this ASU should be applied retrospectively. The amendments are effective for fiscal years ending after December 15, 2012, and interim and annual periods thereafter. The required disclosures in the Company’s consolidated financial statements have been reflected in the statements of comprehensive (loss) income and Note 15.

	In December 2011, the FASB issued ASU 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities.” The objective of this ASU is to enhance current disclosures. Entities are required to disclose both gross information and net information about both instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. The amendments in this ASU are effective for annual periods beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The Company anticipates that the adoption of this guidance will not have a material impact on its consolidated financial statements.

	In December 2011, the FASB issued ASU 2011-12, “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05.” The amendments in this update defer those changes in ASU 2011-05 that relate to the presentation of reclassifications out of accumulated other comprehensive income on the components of net income and other comprehensive income for all periods presented. All other requirements in ASU 2011-05 are not affected by this update. The amendments are effective for fiscal years ending after December 15, 2012, and interim and annual periods thereafter. The required disclosures in the Company’s consolidated financial statements have been reflected in the statements of comprehensive (loss) income and Note 15.

	In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income.” The amendments in this update do not change the current requirements for reporting net income or other comprehensive income in financial statements. However, the amendments require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. The amendments are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted. The adoption of ASU 2013-02 is not expected to have a material impact on the Company’s consolidated financial statements.

	In February 2013, the FASB issued ASU 2013-04, “Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date.” The objective of the amendments in this ASU is to provide guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this guidance is fixed at the reporting date, except for obligations addressed within existing guidance in U.S. generally accepted accounting principles (GAAP). Examples of obligations within the scope of this ASU include debt arrangements, other contractual obligations, and settled litigation and judicial rulings. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2014; and should be applied retrospectively to all prior periods presented for those obligations resulting from joint and several liability arrangements within the ASU scope that exist at the beginning of an entity’s fiscal year of adoption. The Company anticipates that the adoption of this guidance will not have a material impact on its consolidated financial statements.

	In April 2013, the FASB issued ASU 2013-07, “Presentation of Financial Statements (Topic 205): Liquidation Basis of Accounting.” The amendments in this ASU are being issued to clarify when an entity should apply the liquidation basis of accounting. The guidance provides principles for the recognition and measurement of assets and liabilities and requirements for financial statements prepared using the liquidation basis of accounting. Additionally, the amendments require disclosures about an entity’s plan for liquidation, the methods and significant assumptions used to measure assets and liabilities, the type and amount of costs and income accrued, and the expected duration of the liquidation process. The amendments are effective for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. Entities should apply the requirements prospectively from the day that liquidation becomes imminent. Early adoption is permitted. The Company anticipates that the adoption of this guidance will not have an impact on its consolidated financial statements.

	In July 2013, the FASB issued ASU 2013-10, “Derivatives and Hedging (Topic 815) — Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes.” The amendments in this ASU permit the Fed Funds Effective Swap Rate (OIS) to be used as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815, in addition to Treasury Obligations of the U.S. government (UST) and the London Interbank Offered Rate (LIBOR). The amendments also remove the restriction on using different benchmark rates for similar hedges. The amendments apply to all entities that elect to apply hedge accounting of the benchmark interest rate under Topic 815. The amendments are effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The adoption of this ASU is not expected to have an impact on the Company’s results of operations or financial position.

	In July 2013, the FASB issued ASU 2013-11, “Income Taxes — Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” The amendments in this ASU provide guidance for the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The amendments in this ASU are expected to reduce diversity in practice by providing guidance on the presentation of unrecognized tax benefits and will better reflect the manner in which an entity would settle at the reporting date any additional income taxes that would result from the disallowance of a tax position when net operating loss carryforwards, similar tax losses, or tax credit carryforwards exist. The amendments apply to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date and are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this guidance is not expected to have an impact on the Company’s results of operations or financial position.

INVESTMENTS_IN_AVAILABLEFORSAL1

INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES (Tables)	12 Months Ended
INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES (Tables)	Sep. 30, 2013
INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES	'
Schedule of amortized cost and approximate fair values of debt securities	'


		Amortized		Gross		Gross
		Cost		Unrealized		Unrealized		Fair
		Basis		Gains		Losses		Value
		(In Thousands)
	September 30, 2013:
	U.S. Government and federal agency obligations	$	800	$	—	$	10	$	790
	Corporate debt securities	—		—		—		—
	Mortgage-backed securities	4,445		101		27		4,519
		$	5,245	$	101	$	37	$	5,309

	September 30, 2012:
	U.S. Government and federal agency obligations	$	52	$	—	$	—	$	52
	Corporate debt securities	300		20		—		320
	Mortgage-backed securities	4,827		245		—		5,072
		$	5,179	$	265	$	—	$	5,444
Schedule of fair value of debt securities by contractual maturity	'
	The fair value of debt securities by contractual maturity at September 30, 2013 is as follows:

		Fair
		Value
		(In Thousands)
	Due after one year through five years	$	739
	Due after ten years	51
	Mortgage-backed securities	4,519
		$	5,309
Schedule of information pertaining to securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous loss position	'


		Less than 12 Months				12 Months or Longer				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
		(In Thousands)
	September 30, 2013:
	U.S. Government and federal agency obligations	$	739	$	10	$	—	$	—	$	739	$	10
	Mortgage-backed securities	2,050		27		—		—		2,050		27
	Total temporarily impaired securities	$	2,789	$	37	$	—	$	—	$	2,789	$	37

LOANS_Tables

LOANS (Tables)	12 Months Ended
LOANS (Tables)	Sep. 30, 2013
LOANS	'
Schedule of loans	'


		2013			2012
		(In thousands)
	Real estate loans:
	Residential	$	38,630		$	28,171
	Commercial	9,023			7,080
	Construction	824			332
	Multi-family	1,712			1,168
	Total real estate	50,189			36,751

	Commercial	1,862			1,550

	Consumer loans:
	Home equity	5,179			4,545
	Other	762			712
	Total consumer	5,941			5,257

		57,992			43,558
	Allowance for loan losses	(435		)	(334		)
	Deferred loan costs, net	382			144
	Net loans	$	57,939		$	43,368

Schedule of allowance for loan losses by portfolio segment	'


		Real Estate
		1-4 Family			1-4 Family
		Owner			Non-Owner													Consumer
		Occupied			Occupied			Multi-family		Commercial		Construction			Commercial			Home Equity			Other			Total
		(In Thousands)
	September 30, 2013:
	Allowance for loan losses:
	Beginning balance	$	135		$	55		$	12	$	67	$	3		$	14		$	33		$	15		$	334
	Charge-offs	—			—			—		—		—			—			—			(3		)	(3		)
	Recoveries	—			—			—		—		—			—			—			—			—
	Provision (benefit)	43			20			5		14		5			2			(2		)	17			104
	Ending balance	$	178		$	75		$	17	$	81	$	8		$	16		$	31		$	29		$	435

	Allowance for loan losses:
	Ending balance:
	Individually evaluated for impairment	$	—		$	—		$	—	$	—	$	—		$	—		$	—		$	—		$	—
	Ending balance:
	Collectively evaluated for impairment	178			75			17		81		8			16			31			29			435
	Total allowance for loan losses ending balance	$	178		$	75		$	17	$	81	$	8		$	16		$	31		$	29		$	435

	Loans:
	Ending balance:
	Individually evaluated for impairment	$	—		$	—		$	—	$	—	$	—		$	—		$	—		$	—		$	—
	Ending balance:
	Collectively evaluated for impairment	27,155			11,475			1,712		9,023		824			1,862			5,179			762			57,992
	Total loans ending balance	$	27,155		$	11,475		$	1,712	$	9,023	$	824		$	1,862		$	5,179		$	762		$	57,992

		Real Estate
		1-4 Family			1-4 Family
		Owner			Non-Owner													Consumer
		Occupied			Occupied			Multi-family		Commercial		Construction			Commercial			Home Equity			Other			Total
		(In Thousands)
	September 30, 2012:
	Allowance for loan losses:
	Beginning balance	$	108		$	53		$	9	$	66	$	9		$	19		$	48		$	4		$	316
	Charge-offs	—			—			—		—		—			—			—			—			—
	Recoveries	—			—			—		—		—			—			—			—			—
	Provision (benefit)	27			2			3		1		(6		)	(5		)	(15		)	11			18
	Ending balance	$	135		$	55		$	12	$	67	$	3		$	14		$	33		$	15		$	334

	Allowance for loan losses:
	Ending balance:
	Individually evaluated for impairment	$	—		$	—		$	—	$	—	$	—		$	—		$	—		$	—		$	—
	Ending balance:
	Collectively evaluated for impairment	135			55			12		67		3			14			33			15			334
	Total allowance for loan losses ending balance	$	135		$	55		$	12	$	67	$	3		$	14		$	33		$	15		$	334

	Loans:
	Ending balance:
	Individually evaluated for impairment	$	—		$	—		$	—	$	—	$	—		$	—		$	—		$	—		$	—
	Ending balance:
	Collectively evaluated for impairment	19,751			8,420			1,168		7,080		332			1,550			4,545			712			43,558
	Total loans ending balance	$	19,751		$	8,420		$	1,168	$	7,080	$	332		$	1,550		$	4,545		$	712		$	43,558
Schedule of information regarding nonaccrual loans and past-due loans	'


								90 Days										90 Days or
		30—59 Days			60—89 Days			or More		Total		Total						More Past Due
		Past Due			Past Due			Past Due		Past Due		Current			Total			and Accruing			Nonaccrual
		(In Thousands)
	September 30, 2013:
	Real estate:
	Residential one-to-
	four family	$	457		$	—		$	46	$	503	$	38,127		$	38,630		$	—		$	46
	Commercial	243			—			—		243		8,780			9,023			—			—
	Construction	—			—			—		—		824			824			—			—
	Multi-family	—			—			—		—		1,712			1,712			—			—
	Commercial	—			—			—		—		1,862			1,862			—			—
	Home equity	39			—			—		39		5,140			5,179			—			—
	Consumer	—			—			—		—		762			762			—			—
	Total	$	739		$	—		$	46	$	785	$	57,207		$	57,992		$	—		$	46

	September 30, 2012:
	Real estate:
	Residential one-to-
	four family	$	299		$	51		$	—	$	350	$	27,821		$	28,171		$	—		$	—
	Commercial	—			—			—		—		7,080			7,080			—			—
	Construction	—			—			—		—		332			332			—			—
	Multi-family	—			—			—		—		1,168			1,168			—			—
	Commercial	—			—			—		—		1,550			1,550			—			—
	Home equity	20			—			—		20		4,525			4,545			—			—
	Consumer	1			—			3		4		708			712			—			3
	Total	$	320		$	51		$	3	$	374	$	43,184		$	43,558		$	—		$	3
Schedule of loans by risk rating	'


		Real Estate													Consumer
		Residential			Multi-Family			Commercial		Construction		Commercial			Home Equity			Other			Total
		(In Thousands)
	September 30, 2013:
	Grade:
	Pass	$	—		$	1,712		$	8,259	$	824	$	1,673		$	—		$	—		$	12,468
	Special mention	244			—			511		—		189			35			—			979
	Substandard	450			—			253		—		—			22			—			725
	Not formally rated	37,936			—			—		—		—			5,122			762			43,820
	Total	$	38,630		$	1,712		$	9,023	$	824	$	1,862		$	5,179		$	762		$	57,992

	September 30, 2012:
	Grade:
	Pass	$	—		$	1,168		$	6,821	$	332	$	1,360		$	—		$	—		$	9,681
	Special mention	256			—			—		—		190			42			—			488
	Substandard	459			—			259		—		—			48			—			766
	Not formally rated	27,456			—			—		—		—			4,455			712			32,623
	Total	$	28,171		$	1,168		$	7,080	$	332	$	1,550		$	4,545		$	712		$	43,558
Schedule of changes in valuation allowance for mortgage servicing rights	'
	Following is an analysis of the aggregate changes in the valuation allowance for mortgage servicing rights for the years ended September 30:

		2013			2012
		(In Thousands)
	Beginning balance	$	4		$	—
	Additions	9			4
	Reductions	(4		)	—
	Ending balance	$	9		$	4

PREMISES_AND_EQUIPMENT_Tables

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Sep. 30, 2013
PREMISES AND EQUIPMENT	'
Summary of premises and equipment	'


		2013			2012
		(In Thousands)
	Land	$	229		$	229
	Building and improvements	1,638			1,272
	Furniture, fixtures and equipment	608			440
		2,475			1,941
	Accumulated depreciation and amortization	(610		)	(502		)
		$	1,865		$	1,439

INVESTMENT_IN_REAL_ESTATE_Tabl

INVESTMENT IN REAL ESTATE (Tables)	12 Months Ended
	Sep. 30, 2013
INVESTMENT IN REAL ESTATE	'
Schedule of investment in real estate	'


		2013			2012
		(In Thousands)
	Land	$	311		$	311
	Building	665			665
		976			976
	Accumulated depreciation and amortization	(24		)	(4		)
		$	952		$	972

DEPOSITS_Tables

DEPOSITS (Tables)	12 Months Ended
	Sep. 30, 2013
DEPOSITS	'
Schedule of maturity of time deposits	'
	For time deposits as of September 30, 2013, the scheduled maturities for each of the following years ended September 30, are:

		(In Thousands)
	2014	$	28,092
	2015	6,387
	2016	1,330
		$	35,809

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Sep. 30, 2013
INCOME TAXES	'
Schedule of components of income tax (benefit) expense	'


		2013			2012
		(In Thousands)
	Current:
	Federal	$	(23	)	$	112
	State	(3		)	29
	Utilization of net operating loss carryovers	—			(84		)
		(26		)	57

	Deferred:
	Federal	(10		)	113
	State	(3		)	8
		(13		)	121
	Total income tax (benefit) expense	$	(39	)	$	178
Schedule of reasons for the differences between the statutory federal income tax rate and the effective tax rates	'


		2013		2012
		% of		% of
		Income		Income
	Federal income tax statutory rate	(34.0	)%	34	%
	Increase in tax resulting from:
	Other	3.6		(0.1	)
	State tax, net of federal tax benefit	(3.2	)	5.6
	Effective tax rates	(33.6	)%	39.5	%
Schedule of gross deferred tax assets and gross deferred tax liabilities	'


		2013			2012
		(In Thousands)
	Deferred tax assets:
	Allowance for loan losses	$	10		$	—
	Alternative minimum tax	20			31
	Net operating loss carryovers	10			—
	Charitable contribution carryover	10			—
	Deferred ESOP expense	29			—
	Gross deferred tax assets	79			31

	Deferred tax liabilities:
	Allowance for loan losses	—			(31		)
	Mortgage servicing rights	(96		)	(41		)
	Net unrealized holding gain on available-for-sale securities	(26		)	(103		)
	Depreciation	(64		)	(53		)
	Gross deferred tax liabilities	(186		)	(228		)
	Net deferred tax liability	$	(107	)	$	(197	)

EMPLOYEE_STOCK_OWNERSHIP_PLAN_1

EMPLOYEE STOCK OWNERSHIP PLAN (''ESOP'') (Tables)	12 Months Ended
EMPLOYEE STOCK OWNERSHIP PLAN (''ESOP'') (Tables)	Sep. 30, 2013
EMPLOYEE STOCK OWNERSHIP PLAN ("ESOP")	'
Schedule of remaining principal balance on the ESOP debt	'


	Years Ending
	September 30,	Amount
		(In Thousands)

	2014	$	74
	2015	77
	2016	79
	2017	82
	2018	84
	Thereafter	87
		$	483
Schedule of shares held by the ESOP	'


		September 30,
		2013

	Allocated	492
	Unallocated	45,795
	Shares held by ESOP	46,287

FINANCIAL_INSTRUMENTS_Tables

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Sep. 30, 2013
FINANCIAL INSTRUMENTS	'
Schedule of notional amounts of financial instrument liabilities with off-balance sheet credit risk	'


		2013		2012
		(In Thousands)
	Commitments to originate loans	$	1,880	$	1,110
	Unadvanced funds on lines of credit	2,803		2,451
	Unadvanced funds on construction loans	307		—
	Standby letters of credit	149		149
		$	5,139	$	3,710

COMMITMENTS_AND_CONTINGENT_LIA1

COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	12 Months Ended
	Sep. 30, 2013
COMMITMENTS AND CONTINGENT LIABILITIES	'
Schedule of future minimum rental payments under the terms of a non-cancellable lease agreement	'
	Pursuant to the terms of a non-cancellable lease agreement in effect at September 30, 2013 pertaining to a branch facility, future minimum rental payments Aare as follows for the years ended September 30:

		(In Thousands)
	2014	$	55
	2015	57
	2016	57
	2017	57
	2018	19
	Total	$	245

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Sep. 30, 2013
FAIR VALUE MEASUREMENTS	'
Summary of assets measured at fair value on a recurring basis	'


		Fair Value Measurements at Reporting Date Using:
				Quoted Prices in		Significant		Significant
				Active Markets for		Other Observable		Unobservable
				Identical Assets		Inputs		Inputs
		Total		Level 1		Level 2		Level 3
		(In Thousands)
	September 30, 2013:
	Securities available-for-sale:
	U.S. Government and federal agency obligations	$	790	$	—	$	790	$	—
	Corporate debt securities	—		—		—		—
	Mortgage-backed securities	4,519		—		4,519		—
		$	5,309	$	—	$	5,309	$	—

	September 30, 2012:
	Securities available-for-sale:
	U.S. Government and federal agency obligations	$	52	$	—	$	52	$	—
	Corporate debt securities	320		—		320		—
	Mortgage-backed securities	5,072		—		5,072		—
		$	5,444	$	—	$	5,444	$	—
Schedule of estimated fair values of financial instruments	'


		September 30, 2013
		Carrying		Fair Value
		Amount		Level 1		Level 2		Level 3		Total
		(In Thousands)
	Financial assets:
	Cash and cash equivalents	$	4,713	$	4,713	$	—	$	—	$	4,713
	Interest-bearing time deposits with other banks	4,147		—		4,152		—		4,152
	Available-for-sale securities	5,309		—		5,309		—		5,309
	Federal Home Loan Bank stock	282		282		—		—		282
	Loans held-for-sale	749		768		—		—		768
	Loans, net	57,939		—		—		57,640		57,640
	Accrued interest receivable	197		197		—		—		197

	Financial liabilities:
	Deposits	66,192		—		66,429		—		66,429


		September 30, 2012
		Carrying		Fair Value
		Amount		Level 1		Level 2		Level 3		Total
		(In Thousands)
	Financial assets:
	Cash and cash equivalents	$	10,177	$	10,177	$	—	$	—	$	10,177
	Interest-bearing time deposits with other banks	3,951		—		3,953		—		3,953
	Available-for-sale securities	5,444		—		5,444		—		5,444
	Federal Home Loan Bank stock	401		401		—		—		401
	Loans held-for-sale	6,794		6,902		—		—		6,902
	Loans, net	43,368		—		—		44,132		44,132
	Accrued interest receivable	173		173		—		—		173

	Financial liabilities:
	Deposits	68,297		—		68,556		—		68,556

OTHER_COMPREHENSIVE_LOSS_Table

OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
OTHER COMPREHENSIVE LOSS (Tables)	Sep. 30, 2013
OTHER COMPREHENSIVE LOSS	'
Schedule of the components of other comprehensive loss, included in stockholders' equity	'


		2013			2012
		(In Thousands)
	Unrealized gains on securities
	Net unrealized holding loss on available-for-sale securities	$	(201	)	$	(36	)
	Reclassification adjustment for realized (gains) losses in net income	—			—
		(201		)	(36		)
	Income tax benefit	77			16
	Other comprehensive loss, net of tax	$	(124	)	$	(20	)
Schedule of the components of accumulated other comprehensive income, included in stockholders' equity	'


		2013			2012
		(In Thousands)
	Net unrealized gain on securities available-for-sale, net of tax	$	38		$	162
	Total accumulated other comprehensive income	$	38		$	162

REGULATORY_CAPITAL_Tables

REGULATORY CAPITAL (Tables)	12 Months Ended
REGULATORY CAPITAL (Tables)	Sep. 30, 2013
REGULATORY CAPITAL	'
Schedule of actual capital amounts and ratios	'


											To Be Well
											Capitalized Under
						For Capital					Prompt Corrective
		Actual				Adequacy Purposes					Action Provisions
		Amount		Ratio		Amount		Ratio			Amount		Ratio
		(Dollars in Thousands)
	As of September 30, 2013:
	Total Capital (to Risk Weighted Assets)	$	8,014	17.9	%	$	3,576	>	8	%	$	4,469	>	10	%
	Tier 1 Capital (to Risk Weighted Assets)	7,579		17		1,788		>	4		2,682		>	6
	Tier 1 Capital (to Average Assets)	7,579		10		3,040		>	4		3,800		>	5

	As of September 30, 2012:
	Total Capital (to Risk Weighted Assets)	5,579		14.3		3,125		>	8		3,906		>	10
	Tier 1 Capital (to Risk Weighted Assets)	5,246		13.4		1,562		>	4		2,343		>	6
	Tier 1 Capital (to Average Assets)	5,246		7.4		2,849		>	4		3,562		>	5

CONDENSED_PARENT_COMPANY_ONLY_1

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS (Tables)	12 Months Ended
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS (Tables)	Sep. 30, 2013
CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS	'
Schedule of condensed balance sheet	'


		2013
		(In Thousands)
	ASSETS
	Cash and due from banks	$	1,738
	Interest-bearing time deposits	496
	Investment in Meetinghouse Bank	7,620
	Loan to ESOP	483
	Net deferred tax asset	10
	Accrued interest receivable	12
	Other assets	28
	Total assets	$	10,387

	STOCKHOLDERS’ EQUITY
	Stockholders’ equity	10,387
	Total stockholders’ equity	$	10,387
Schedule of condensed statement of operation	'


	Interest income on ESOP loan	$	13
	Interest income on time deposits	1
	Total interest income	14
	Director fees	7
	Professional fees	80
	Other expenses	16
	Total other expenses	103
	Loss before undistributed earnings	(89		)
	Equity in undistributed earnings of subsidiary	(18		)
	Loss before income taxes	(107		)
	Income tax benefit	(30		)
	Net loss	$	(77	)
Schedule of condensed statement of cash flows	'


		2013
		(In Thousands)
	Cash flows from operating activities:
	Net loss	$	(77	)
	Increase in accrued interest receivable	(12		)
	Deferred tax benefit	(10		)
	Increase in income taxes receivable	(20		)
	Increase in other assets	(8		)
	Equity in undistributed earnings of subsidiary	18

	Net cash (used in) provided by operating activities	(109		)

	Cash flows from investing activities:
	Purchase of interest-bearing time deposits	(496		)
	ESOP loan, net of principal payments	(483		)
	Investment in subsidiary, Meetinghouse Bank	(2,826		)

	Net cash used in by investing activities	(3,805		)

	Cash flows from financing activities:
	Proceeds from common stock offering	6,613
	Costs of common stock offering	(961		)

	Net cash provided by (used in) financing activities	5,652

	Net increase (decrease) in cash	1,738
	Cash, beginning of year	—
	Cash, end of year	$	1,738

QUARTERLY_RESULTS_OF_OPERATION1

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)	12 Months Ended
	Sep. 30, 2013
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	'
Schedule of quarterly results of operations (unaudited)	'


		Year Ended September 30,
		2013
		First		Second			Third			Fourth
		Quarter		Quarter			Quarter			Quarter
		(In Thousands)

	Interest and dividend income	$	619	$	663		$	670		$	675
	Interest expense	133		132			131			131
	Net interest and dividend income	486		531			539			544
	Provision for loan losses	4		41			27			32
	Net interest and dividend income, after provision for loan losses	482		490			512			512
	Total noninterest income	355		352			276			246
	Total noninterest expense	784		795			909			853
	Income (loss) before income taxes	53		47			(121		)	(95		)
	Provision (benefit) for income taxes	19		13			(49		)	(22		)
	Net income (loss)	$	34	$	34		$	(72	)	$	(73	)

		Year Ended September 30,
		2012
		First		Second			Third			Fourth
		Quarter		Quarter			Quarter			Quarter
		(In Thousands)

	Interest and dividend income	$	695	$	625		$	617		$	629
	Interest expense	159		150			145			140
	Net interest and dividend income	536		475			472			489
	Provision (benefit) for loan losses	15		(3		)	8			(2		)
	Net interest and dividend income, after provision (benefit) for loan losses	521		478			464			491
	Total noninterest income	277		190			193			498
	Total noninterest expense	612		612			663			774
	Income (loss) before income taxes	186		56			(6		)	215
	Provision (benefit) for income taxes	75		22			(3		)	84
	Net income (loss)	$	111	$	34		$	(3	)	$	131

NATURE_OF_OPERATIONS_Details

NATURE OF OPERATIONS (Details) (USD $)	0 Months Ended			0 Months Ended	1 Months Ended
	Nov. 19, 2012	Sep. 30, 2013	Sep. 30, 2012	Nov. 19, 2012	Dec. 31, 2012
	Nov. 19, 2012	Sep. 30, 2013	Sep. 30, 2012	ESOP	ESOP
NATURE OF OPERATIONS	'	'	'	'	'
Number of common stock sold (in shares)	661,250	661,250	0	'	'
Issue price of common stock (in dollars per share)	$10	'	'	'	'
Employee stock ownership plan	'	'	'	'	'
Number of common stock purchased by employee stock purchase plan (in shares)	'	'	'	27,700	'
Share purchased subsequent to initial public offering	'	'	'	'	18,587
Offering cost	'	$961,000	'	'	'

ACCOUNTING_POLICIES_Details

ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
ACCOUNTING POLICIES (Details) (USD $)	Sep. 30, 2013
SECURITIES	'
Par value of stock (in dollars per share)	$100
Percentage of member's stock investment base used in the calculation of membership stock investment requirement	0.35%
Percentage of overnight advances used in calculation of activity-based stock investment requirement	3.00%
Percentage of FHLB advances used in calculation of activity-based stock investment requirement	4.00%
Percentage of other advances used in calculation of activity-based stock investment requirement	4.50%
Percentage of standby letters of credit issued by the FHLB used in calculation of activity-based stock investment requirement	0.50%
Percentage of value of intermediated derivative contracts used in the calculation of activity-based stock investment requirement	4.50%
Minimum	'
SECURITIES	'
Investment amount	$10,000
Original terms to maturity of FHLB advances used in calculation of activity-based stock investment requirement	'2 days
Maximum	'
SECURITIES	'
Investment amount	$25,000,000
Original terms to maturity of FHLB advances used in calculation of activity-based stock investment requirement	'3 months

ACCOUNTING_POLICIES_Details_2

ACCOUNTING POLICIES (Details 2)	12 Months Ended
ACCOUNTING POLICIES (Details 2)	Sep. 30, 2013
Loans	'
Required performing period of loan to reclassify the receivable to accrual status	'6 months
EMPLOYEE STOCK OWNERSHIP PLAN	'
Term of ESOP loan	'6 years 1 month 6 days
Residential real estate loans	'
Loans	'
Number of days past due to place the receivable on non-accrual status	'90 days
Closed-end consumer loans \| Minimum	'
Loans	'
Number of days past due to place the receivable on non-accrual status	'90 days
Unsecured consumer loans \| Minimum	'
Loans	'
Number of days past due to place the receivable on non-accrual status	'120 days
Unsecured consumer loans \| Maximum	'
Loans	'
Number of days past due to place the receivable on non-accrual status	'180 days
Commercial real estate loans \| Minimum	'
Loans	'
Number of days past due to place the receivable on non-accrual status	'90 days
Commercial business loans and leases \| Minimum	'
Loans	'
Number of days past due to place the receivable on non-accrual status	'90 days

INVESTMENTS_IN_AVAILABLEFORSAL2

INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
	item	Sep. 30, 2012
Amortized cost and fair values of securities	'	'
Amortized Cost Basis	$5,245	$5,179
Gross Unrealized Gains	101	265
Gross Unrealized Losses	37	'
Fair Value	5,309	5,444
Fair Value	'	'
Due after one year through five years	739	'
Due after ten years	51	'
Mortgage-backed securities	4,519	'
Total	5,309	5,444
Available-for-sale securities sold	0	0
Number of securities of issuers which exceeds 10% of equity	0	'
U.S. Government and federal agency obligations	'	'
Amortized cost and fair values of securities	'	'
Amortized Cost Basis	800	52
Gross Unrealized Losses	10	'
Fair Value	790	52
Corporate debt securities	'	'
Amortized cost and fair values of securities	'	'
Amortized Cost Basis	'	300
Gross Unrealized Gains	'	20
Fair Value	'	320
Mortgage-backed securities	'	'
Amortized cost and fair values of securities	'	'
Amortized Cost Basis	4,445	4,827
Gross Unrealized Gains	101	245
Gross Unrealized Losses	27	'
Fair Value	$4,519	$5,072

INVESTMENTS_IN_AVAILABLEFORSAL3

INVESTMENTS IN AVAILABLE-FOR-SALE SECURITIES (Details 2) (USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013
Fair Value	'
Less than 12 Months	$2,789
Total	2,789
Unrealized Losses	'
Less than 12 Months	37
Total	37
U.S. Government and federal agency obligations	'
Fair Value	'
Less than 12 Months	739
Total	739
Unrealized Losses	'
Less than 12 Months	10
Total	10
Number of investments temporarily impaired	1
Mortgage-backed securities	'
Fair Value	'
Less than 12 Months	2,050
Total	2,050
Unrealized Losses	'
Less than 12 Months	27
Total	$27
Number of investments temporarily impaired	7

LOANS_Details

LOANS (Details) (USD $)	12 Months Ended
LOANS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2011
Loans	'	'	'
Loans, gross	$57,992,000	$43,558,000	'
Allowance for loan losses	-435,000	-334,000	-316,000
Deferred loan costs, net	382,000	144,000	'
Net loans	57,939,000	43,368,000	'
Loans to related parties	169,000	'	'
Payment of loan by related party	20,000	'	'
Principal advances to related parties	0	'	'
Real estate loans	'	'	'
Loans	'	'	'
Loans, gross	50,189,000	36,751,000	'
Real estate loans: Residential	'	'	'
Loans	'	'	'
Loans, gross	38,630,000	28,171,000	'
Real estate loans: Commercial	'	'	'
Loans	'	'	'
Loans, gross	9,023,000	7,080,000	'
Allowance for loan losses	-81,000	'	'
Real estate loans: Construction	'	'	'
Loans	'	'	'
Loans, gross	824,000	332,000	'
Allowance for loan losses	-8,000	'	'
Real estate loans: Multi-family	'	'	'
Loans	'	'	'
Loans, gross	1,712,000	1,168,000	'
Commercial	'	'	'
Loans	'	'	'
Loans, gross	1,862,000	1,550,000	'
Allowance for loan losses	-81,000	'	'
Consumer loans	'	'	'
Loans	'	'	'
Loans, gross	5,941,000	5,257,000	'
Home equity	'	'	'
Loans	'	'	'
Loans, gross	5,179,000	4,545,000	'
Allowance for loan losses	-31,000	'	'
Other	'	'	'
Loans	'	'	'
Loans, gross	762,000	712,000	'
Allowance for loan losses	($14,000)	'	'

LOANS_Details_2

LOANS (Details 2) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2012
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	$334	'	'	'	$316	$334	$316
Charge-offs	'	'	'	'	'	'	'	'	-3	'
Provision (benefit)	32	27	41	4	-2	8	-3	15	104	18
Ending Balance	435	'	'	'	334	'	'	'	435	334
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	435	'	'	'	334	'	'	'	435	334
Total allowance for loan losses ending balance	435	'	'	'	334	'	'	'	435	334
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	57,992	'	'	'	43,558	'	'	'	57,992	43,558
Total loans ending balance	57,992	'	'	'	43,558	'	'	'	57,992	43,558
1-4 Family Owner Occupied	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	135	'	'	'	108	135	108
Provision (benefit)	'	'	'	'	'	'	'	'	43	27
Ending Balance	178	'	'	'	135	'	'	'	178	135
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	178	'	'	'	135	'	'	'	178	135
Total allowance for loan losses ending balance	178	'	'	'	135	'	'	'	178	135
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	27,155	'	'	'	19,751	'	'	'	27,155	19,751
Total loans ending balance	27,155	'	'	'	19,751	'	'	'	27,155	19,751
1-4 Family Non-Owner Occupied	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	55	'	'	'	53	55	53
Provision (benefit)	'	'	'	'	'	'	'	'	20	2
Ending Balance	75	'	'	'	55	'	'	'	75	55
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	75	'	'	'	55	'	'	'	75	55
Total allowance for loan losses ending balance	75	'	'	'	55	'	'	'	75	55
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	11,475	'	'	'	8,420	'	'	'	11,475	8,420
Total loans ending balance	11,475	'	'	'	8,420	'	'	'	11,475	8,420
Multifamily	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	12	'	'	'	9	12	9
Provision (benefit)	'	'	'	'	'	'	'	'	5	3
Ending Balance	17	'	'	'	12	'	'	'	17	12
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	17	'	'	'	12	'	'	'	17	12
Total allowance for loan losses ending balance	17	'	'	'	12	'	'	'	17	12
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	1,712	'	'	'	1,168	'	'	'	1,712	1,168
Total loans ending balance	1,712	'	'	'	1,168	'	'	'	1,712	1,168
Real estate loans: Commercial	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	67	'	'	'	66	67	66
Provision (benefit)	'	'	'	'	'	'	'	'	14	1
Ending Balance	81	'	'	'	67	'	'	'	81	67
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	81	'	'	'	67	'	'	'	81	67
Total allowance for loan losses ending balance	81	'	'	'	67	'	'	'	81	67
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	9,023	'	'	'	7,080	'	'	'	9,023	7,080
Total loans ending balance	9,023	'	'	'	7,080	'	'	'	9,023	7,080
Real estate loans: Construction	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	3	'	'	'	9	3	9
Provision (benefit)	'	'	'	'	'	'	'	'	5	-6
Ending Balance	8	'	'	'	3	'	'	'	8	3
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	8	'	'	'	3	'	'	'	8	3
Total allowance for loan losses ending balance	8	'	'	'	3	'	'	'	8	3
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	824	'	'	'	332	'	'	'	824	332
Total loans ending balance	824	'	'	'	332	'	'	'	824	332
Commercial	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	14	'	'	'	19	14	19
Provision (benefit)	'	'	'	'	'	'	'	'	2	-5
Ending Balance	16	'	'	'	14	'	'	'	16	14
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	16	'	'	'	14	'	'	'	16	14
Total allowance for loan losses ending balance	16	'	'	'	14	'	'	'	16	14
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	1,862	'	'	'	1,550	'	'	'	1,862	1,550
Total loans ending balance	1,862	'	'	'	1,550	'	'	'	1,862	1,550
Home Equity	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	33	'	'	'	48	33	48
Provision (benefit)	'	'	'	'	'	'	'	'	-2	-15
Ending Balance	31	'	'	'	33	'	'	'	31	33
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	31	'	'	'	33	'	'	'	31	33
Total allowance for loan losses ending balance	31	'	'	'	33	'	'	'	31	33
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	5,179	'	'	'	4,545	'	'	'	5,179	4,545
Total loans ending balance	5,179	'	'	'	4,545	'	'	'	5,179	4,545
Other	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Beginning balance	'	'	'	15	'	'	'	4	15	4
Charge-offs	'	'	'	'	'	'	'	'	-3	'
Provision (benefit)	'	'	'	'	'	'	'	'	17	11
Ending Balance	29	'	'	'	15	'	'	'	29	15
Allowance for loan losses:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	29	'	'	'	15	'	'	'	29	15
Total allowance for loan losses ending balance	29	'	'	'	15	'	'	'	29	15
Loans:	'	'	'	'	'	'	'	'	'	'
Ending balance: Collectively evaluated for impairment	762	'	'	'	712	'	'	'	762	712
Total loans ending balance	$762	'	'	'	$712	'	'	'	$762	$712

LOANS_Details_3

LOANS (Details 3) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	item	item
Nonaccrual loans and past due loans	'	'
30 - 59 Days	$739	$320
60 - 89 Days	'	51
90 Days or More Past Due	46	3
Total Past Due	785	374
Total Current	57,207	43,184
Total loans ending balance	57,992	43,558
Total Non Accrual	46	3
Number of loans that met definition of impaired loan	0	0
Number of loans that met definition of troubled debt restructuring	0	0
Residential one-to-four family	'	'
Nonaccrual loans and past due loans	'	'
30 - 59 Days	457	299
60 - 89 Days	'	51
90 Days or More Past Due	46	'
Total Past Due	503	350
Total Current	38,127	27,821
Total loans ending balance	38,630	28,171
Total Non Accrual	46	'
Real estate loans: Commercial	'	'
Nonaccrual loans and past due loans	'	'
30 - 59 Days	243	'
Total Past Due	243	'
Total Current	8,780	7,080
Total loans ending balance	9,023	7,080
Real estate loans: Construction	'	'
Nonaccrual loans and past due loans	'	'
Total Current	824	332
Total loans ending balance	824	332
Multi-family	'	'
Nonaccrual loans and past due loans	'	'
Total Current	1,712	1,168
Total loans ending balance	1,712	1,168
Commercial	'	'
Nonaccrual loans and past due loans	'	'
Total Current	1,862	1,550
Total loans ending balance	1,862	1,550
Home Equity	'	'
Nonaccrual loans and past due loans	'	'
30 - 59 Days	39	20
Total Past Due	39	20
Total Current	5,140	4,525
Total loans ending balance	5,179	4,545
Consumer	'	'
Nonaccrual loans and past due loans	'	'
30 - 59 Days	'	1
90 Days or More Past Due	'	3
Total Past Due	'	4
Total Current	762	708
Total loans ending balance	762	712
Total Non Accrual	'	$3

LOANS_Details_4

LOANS (Details 4) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	item	Sep. 30, 2012
Loans by risk rating	'	'
Loans	$57,992	$43,558
Internal Loan Rating System	'	'
Grade assigned in internal loan rating system	8	'
Pass	'	'
Loans by risk rating	'	'
Loans	12,468	9,681
Special Mention	'	'
Loans by risk rating	'	'
Loans	979	488
Substandard	'	'
Loans by risk rating	'	'
Loans	725	766
Not formally rated	'	'
Loans by risk rating	'	'
Loans	43,820	32,623
Real estate loans: Residential	'	'
Loans by risk rating	'	'
Loans	38,630	28,171
Real estate loans: Residential \| Special Mention	'	'
Loans by risk rating	'	'
Loans	244	256
Real estate loans: Residential \| Substandard	'	'
Loans by risk rating	'	'
Loans	450	459
Real estate loans: Residential \| Not formally rated	'	'
Loans by risk rating	'	'
Loans	37,936	27,456
Multi-Family	'	'
Loans by risk rating	'	'
Loans	1,712	1,168
Multi-Family \| Pass	'	'
Loans by risk rating	'	'
Loans	1,712	1,168
Real estate loans: Commercial	'	'
Loans by risk rating	'	'
Loans	9,023	7,080
Real estate loans: Commercial \| Pass	'	'
Loans by risk rating	'	'
Loans	8,259	6,821
Real estate loans: Commercial \| Special Mention	'	'
Loans by risk rating	'	'
Loans	511	'
Real estate loans: Commercial \| Substandard	'	'
Loans by risk rating	'	'
Loans	253	259
Real estate loans: Construction	'	'
Loans by risk rating	'	'
Loans	824	332
Real estate loans: Construction \| Pass	'	'
Loans by risk rating	'	'
Loans	824	332
Commercial	'	'
Loans by risk rating	'	'
Loans	1,862	1,550
Commercial \| Pass	'	'
Loans by risk rating	'	'
Loans	1,673	1,360
Commercial \| Special Mention	'	'
Loans by risk rating	'	'
Loans	189	190
Home Equity	'	'
Loans by risk rating	'	'
Loans	5,179	4,545
Home Equity \| Special Mention	'	'
Loans by risk rating	'	'
Loans	35	42
Home Equity \| Substandard	'	'
Loans by risk rating	'	'
Loans	22	48
Home Equity \| Not formally rated	'	'
Loans by risk rating	'	'
Loans	5,122	4,455
Other	'	'
Loans by risk rating	'	'
Loans	762	712
Other \| Not formally rated	'	'
Loans by risk rating	'	'
Loans	$762	$712

LOANS_Details_5

LOANS (Details 5) (USD $)	12 Months Ended
LOANS (Details 5) (USD $)	Sep. 30, 2013	Sep. 30, 2012
LOANS	'	'
Unpaid principal balances	$26,574,000	$12,586,000
Mortgage servicing rights	210,000	121,000
Amortization of mortgage servicing rights	68,000	14,000
Capitalized mortgage servicing rights	240,000	103,000
Fair value of mortgage servicing rights	289,000	105,000
Changes in valuation allowance for mortgage servicing rights	'	'
Beginning balance	4,000	'
Additions	9,000	4,000
Reductions	-4,000	'
Ending balance	$9,000	$4,000

PREMISES_AND_EQUIPMENT_Details

PREMISES AND EQUIPMENT (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
PREMISES AND EQUIPMENT	'	'
Gross amount	$2,475	$1,941
Accumulated depreciation and amortization	-610	-502
Net	1,865	1,439
Land	'	'
PREMISES AND EQUIPMENT	'	'
Gross amount	229	229
Building and improvements	'	'
PREMISES AND EQUIPMENT	'	'
Gross amount	1,638	1,272
Furniture, fixtures and equipment	'	'
PREMISES AND EQUIPMENT	'	'
Gross amount	$608	$440

INVESTMENT_IN_REAL_ESTATE_Deta

INVESTMENT IN REAL ESTATE (Details) (USD $)	12 Months Ended
INVESTMENT IN REAL ESTATE (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
INVESTMENT IN REAL ESTATE	'	'
Real estate, gross	$976,000	$976,000
Accumulated depreciation and amortization	-24,000	-4,000
Real estate, net	952,000	972,000
Rental income from investment in real estate	47,000	10,000
Land	'	'
INVESTMENT IN REAL ESTATE	'	'
Real estate, gross	311,000	311,000
Building	'	'
INVESTMENT IN REAL ESTATE	'	'
Real estate, gross	$665,000	$665,000

DEPOSITS_Details

DEPOSITS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
			Deposits at the Bank
			Customer concentration
			Major customer
			item
DEPOSITS	'	'	'
Time deposit accounts in denominations of $100,000 or more	$24,082,000	$24,504,000	'
Fiscal year maturities of time deposits	'	'	'
2014	28,092,000	'	'
2015	6,387,000	'	'
2016	1,330,000	'	'
Total	35,809,000	'	4,167,000
Deposits	'	'	'
Number of significant customers holding deposits at the bank	'	'	1
Deposits held	$35,809,000	'	$4,167,000
Percentage of deposits held	'	'	6.30%

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended								12 Months Ended
INCOME TAXES (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2012
Current:	'	'	'	'	'	'	'	'	'	'
Federal	'	'	'	'	'	'	'	'	($23,000)	$112,000
State	'	'	'	'	'	'	'	'	-3,000	29,000
Utilization of net operating loss carryovers	'	'	'	'	'	'	'	'	'	-84,000
Total	'	'	'	'	'	'	'	'	-26,000	57,000
Deferred:	'	'	'	'	'	'	'	'	'	'
Federal	'	'	'	'	'	'	'	'	-10,000	113,000
State	'	'	'	'	'	'	'	'	-3,000	8,000
Total	'	'	'	'	'	'	'	'	-13,000	121,000
Total income tax (benefit) expense	-22,000	-49,000	13,000	19,000	84,000	-3,000	22,000	75,000	-39,000	178,000
Reasons for the differences between the statutory federal income tax rate and the effective tax rates	'	'	'	'	'	'	'	'	'	'
Federal income tax at statutory rate (as a percent)	'	'	'	'	'	'	'	'	-34.00%	34.00%
Increase in tax resulting from, Other (as a percent)	'	'	'	'	'	'	'	'	3.60%	-0.10%
Increase in tax resulting from, State tax, net of federal tax benefit (as a percent)	'	'	'	'	'	'	'	'	-3.20%	5.60%
Effective tax rates (as a percent)	'	'	'	'	'	'	'	'	-33.60%	39.50%
Deferred tax assets:	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses	10,000	'	'	'	'	'	'	'	10,000	'
Alternative minimum tax	20,000	'	'	'	31,000	'	'	'	20,000	31,000
Net operating loss carryovers	10,000	'	'	'	'	'	'	'	10,000	'
Charitable contribution carryover	10,000	'	'	'	'	'	'	'	10,000	'
Deferred ESOP expense	29,000	'	'	'	'	'	'	'	29,000	'
Gross deferred tax assets	79,000	'	'	'	31,000	'	'	'	79,000	31,000
Deferred tax liabilities:	'	'	'	'	'	'	'	'	'	'
Allowance for loan losses	'	'	'	'	-31,000	'	'	'	'	-31,000
Mortgage servicing rights	-96,000	'	'	'	-41,000	'	'	'	-96,000	-41,000
Net unrealized holding gain on available-for-sale securities	-26,000	'	'	'	-103,000	'	'	'	-26,000	-103,000
Depreciation	-64,000	'	'	'	-53,000	'	'	'	-64,000	-53,000
Gross deferred tax liabilities	-186,000	'	'	'	-228,000	'	'	'	-186,000	-228,000
Net deferred tax liability	-107,000	'	'	'	-197,000	'	'	'	-107,000	-197,000
Operating loss carryover	'	'	'	'	'	'	'	'	'	'
Alternative minimum tax credit carryovers	20,000	'	'	'	31,000	'	'	'	20,000	31,000
Federal income tax reserve for loan losses at base year	1,100,000	'	'	'	'	'	'	'	1,100,000	'
Penalty of using federal income tax reserve for loan losses for purposes other than to absorb losses (as a percent)	'	'	'	'	'	'	'	'	150.00%	'
Amount of deferred income tax liability not provided as reserves used for absorption of loan losses	'	'	'	'	'	'	'	'	$439,000	'

EMPLOYEE_BENEFITS_Details

EMPLOYEE BENEFITS (Details) (USD $)	12 Months Ended
EMPLOYEE BENEFITS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
Retirement plan	'	'
Maximum employer matching contribution (as a percent)	5.00%	'
Employer matching contribution (as a percent)	100.00%	'
Total expenses related to plan	$76,000	$68,000
Minimum	'	'
Retirement plan	'	'
Maximum employer matching contribution (as a percent)	1.00%	'
Maximum	'	'
Retirement plan	'	'
Maximum employer matching contribution (as a percent)	75.00%	'

EMPLOYEE_BENEFITS_Details_2

EMPLOYEE BENEFITS (Details 2)	12 Months Ended
	Sep. 30, 2013
	item
Executive officer	'
EMPLOYEE BENEFITS	'
Term of employment agreement	'3 years
Number of times of base salary and average bonus payable	2
Period for calculation of average bonus	'2 years
Period for which health and life insurance coverage required to be continued upon change of control	'24 months
Minimum remaining term of agreement on date of change in control	'1 year
Executive officer and an officer \| Bank	'
EMPLOYEE BENEFITS	'
Term of employment agreement	'2 years
Period for which health and life insurance coverage required to be continued upon change of control	'24 months
Number of times of base salary payable	2
Executive officer and an officer \| Bank \| Maximum	'
EMPLOYEE BENEFITS	'
Period for termination relative to change in control for lump sum payment and continuation of insurance coverage	'1 year

EMPLOYEE_STOCK_OWNERSHIP_PLAN_2

EMPLOYEE STOCK OWNERSHIP PLAN (''ESOP'') (Details) (USD $)	0 Months Ended	12 Months Ended		0 Months Ended	1 Months Ended	12 Months Ended
	Nov. 19, 2012	Sep. 30, 2013	Sep. 30, 2012	Nov. 19, 2012	Dec. 31, 2012	Sep. 30, 2013
	Nov. 19, 2012	Sep. 30, 2013	Sep. 30, 2012	ESOP	ESOP	ESOP
Employee stock ownership plan	'	'	'	'	'	'
Number of shares of common stock sold	661,250	661,250	0	'	'	'
Issue price of common stock (in dollars per share)	$10	'	'	'	'	'
Number of common stock purchased by employee stock purchase plan (in shares)	'	'	'	27,700	'	'
Share purchased subsequent to initial public offering	'	'	'	'	18,587	'
Loan for stock purchase as a percentage of aggregate purchase price of common stock	'	'	'	100.00%	'	'
Term of ESOP loan	'	'6 years 1 month 6 days	'	'6 years 1 month 6 days	'	'
Remaining principal balance	'	'	'	'	'	$483,000
Shares held by the ESOP	'	'	'	'	'	46,287
Total compensation expense	'	'	'	'	'	76,500
Remaining principal balance on the ESOP debt	'	'	'	'	'	'
2014	'	'	'	'	'	74,000
2015	'	'	'	'	'	77,000
2016	'	'	'	'	'	79,000
2017	'	'	'	'	'	82,000
2018	'	'	'	'	'	84,000
Thereafter	'	'	'	'	'	87,000
Total	'	'	'	'	'	483,000
Shares by the ESOP	'	'	'	'	'	'
Allocated (in shares)	'	'	'	'	'	492
Unallocated (in shares)	'	'	'	'	'	45,795
Shares held by ESOP	'	'	'	'	'	46,287
Fair value of unallocated ESOP shares	'	'	'	'	'	$550,000

FINANCIAL_INSTRUMENTS_Details

FINANCIAL INSTRUMENTS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Financial instruments	'	'
Notional amounts of financial instrument liabilities	$5,139	$3,710
Commitments to originate loans	'	'
Financial instruments	'	'
Notional amounts of financial instrument liabilities	1,880	1,110
Unadvanced funds on lines of credit	'	'
Financial instruments	'	'
Notional amounts of financial instrument liabilities	2,803	2,451
Unadvanced funds on construction loans	'	'
Financial instruments	'	'
Notional amounts of financial instrument liabilities	307	'
Standby letters of credit	'	'
Financial instruments	'	'
Notional amounts of financial instrument liabilities	$149	$149

COMMITMENTS_AND_CONTINGENT_LIA2

COMMITMENTS AND CONTINGENT LIABILITIES (Details) (USD $)	12 Months Ended
COMMITMENTS AND CONTINGENT LIABILITIES (Details) (USD $)	Sep. 30, 2013
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]	'
2014	$55,000
2015	57,000
2016	57,000
2017	57,000
2018	19,000
Total	245,000
Rent expense	$19,000

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Fair value measurements	'	'
Securities available-for-sale	$5,309	$5,444
Assets measured at fair value on a nonrecurring basis	0	0
Liabilities measured at fair value on a nonrecurring basis	0	'
U.S. Government and federal agency obligations	'	'
Fair value measurements	'	'
Securities available-for-sale	790	52
Corporate debt securities	'	'
Fair value measurements	'	'
Securities available-for-sale	'	320
Mortgage-backed securities	'	'
Fair value measurements	'	'
Securities available-for-sale	4,519	5,072
Recurring basis \| Total	'	'
Fair value measurements	'	'
Securities available-for-sale	5,309	5,444
Recurring basis \| Total \| U.S. Government and federal agency obligations	'	'
Fair value measurements	'	'
Securities available-for-sale	790	52
Recurring basis \| Total \| Corporate debt securities	'	'
Fair value measurements	'	'
Securities available-for-sale	'	320
Recurring basis \| Total \| Mortgage-backed securities	'	'
Fair value measurements	'	'
Securities available-for-sale	4,519	5,072
Recurring basis \| Level 2	'	'
Fair value measurements	'	'
Securities available-for-sale	5,309	5,444
Recurring basis \| Level 2 \| U.S. Government and federal agency obligations	'	'
Fair value measurements	'	'
Securities available-for-sale	790	52
Recurring basis \| Level 2 \| Corporate debt securities	'	'
Fair value measurements	'	'
Securities available-for-sale	'	320
Recurring basis \| Level 2 \| Mortgage-backed securities	'	'
Fair value measurements	'	'
Securities available-for-sale	$4,519	$5,072

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 2) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2011
Financial assets:	'	'	'
Cash and cash equivalents	$4,713	$10,177	$8,513
Interest-bearing time deposits with other banks	4,147	3,951	'
Available-for-sale securities	5,309	5,444	'
Federal Home Loan Bank stock	282	401	'
Accrued interest receivable	197	173	'
Financial liabilities:	'	'	'
Assets measured at fair value on a nonrecurring basis	0	0	'
Carrying Amount	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	4,713	10,177	'
Interest-bearing time deposits with other banks	4,147	3,951	'
Available-for-sale securities	5,309	5,444	'
Federal Home Loan Bank stock	282	401	'
Loans held-for-sale	749	6,794	'
Loans, net	57,939	43,368	'
Accrued interest receivable	197	173	'
Financial liabilities:	'	'	'
Deposits	66,192	68,297	'
Total	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	4,713	10,177	'
Interest-bearing time deposits with other banks	4,152	3,953	'
Available-for-sale securities	5,309	5,444	'
Federal Home Loan Bank stock	282	401	'
Loans held-for-sale	768	6,902	'
Loans, net	57,640	44,132	'
Accrued interest receivable	197	173	'
Financial liabilities:	'	'	'
Deposits	66,429	68,556	'
Total \| Level 1	'	'	'
Financial assets:	'	'	'
Cash and cash equivalents	4,713	10,177	'
Federal Home Loan Bank stock	282	401	'
Loans held-for-sale	768	6,902	'
Accrued interest receivable	197	173	'
Total \| Level 2	'	'	'
Financial assets:	'	'	'
Interest-bearing time deposits with other banks	4,152	3,953	'
Available-for-sale securities	5,309	5,444	'
Financial liabilities:	'	'	'
Deposits	66,429	68,556	'
Total \| Level 3	'	'	'
Financial assets:	'	'	'
Loans, net	$57,640	$44,132	'

OTHER_COMPREHENSIVE_LOSS_Detai

OTHER COMPREHENSIVE LOSS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Unrealized gains on securities	'	'
Net unrealized holding loss on available-for-sale securities	($201)	($36)
Other comprehensive income before tax	-201	-36
Income tax benefit	77	16
Other comprehensive loss, net of tax	-124	-20
Components of accumulated other comprehensive income, included in stockholders' equity	'	'
Net unrealized gain on securities available-for-sale, net of tax	38	162
Total accumulated other comprehensive income	$38	$162

REGULATORY_CAPITAL_Details

REGULATORY CAPITAL (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Total Capital (to Risk Weighted Assets)	'	'
Actual Amount	$8,014	$5,579
Actual Ratio (as a percent)	17.90%	14.30%
For Capital Adequacy Purposes Amount	3,576	3,125
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	4,469	3,906
Tier 1 Capital (to Risk Weighted Assets)	'	'
Actual Amount	7,579	5,246
Actual Ratio (as a percent)	17.00%	13.40%
For Capital Adequacy Purposes Amount	1,788	1,562
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	2,682	2,343
Tier 1 Capital (to Average Assets)	'	'
Actual Amount	7,579	5,246
Actual Ratio (as a percent)	10.00%	7.40%
For Capital Adequacy Purposes Amount	3,040	2,849
To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$3,800	$3,562
Minimum	'	'
Total Capital (to Risk Weighted Assets)	'	'
For Capital Adequacy Purposes Ratio (as a percent)	8.00%	8.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	10.00%	10.00%
Tier 1 Capital (to Risk Weighted Assets)	'	'
For Capital Adequacy Purposes Ratio (as a percent)	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	6.00%	6.00%
Tier 1 Capital (to Average Assets)	'	'
For Capital Adequacy Purposes Ratio (as a percent)	4.00%	4.00%
To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio (as a percent)	5.00%	5.00%

CONDENSED_PARENT_COMPANY_ONLY_2

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2011
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2011
ASSETS	'	'	'
Cash and due from banks	$3,182	$5,110	'
Interest-bearing time deposits	4,147	3,951	'
Accrued interest receivable	197	173	'
Other assets	481	938	'
Total assets	77,061	74,084	'
STOCKHOLDERS' EQUITY	'	'	'
Stockholders' equity	10,387	5,418	5,165
Parent Company	'	'	'
ASSETS	'	'	'
Cash and due from banks	1,738	'	'
Interest-bearing time deposits	496	'	'
Investment in Meetinghouse Bank	7,620	'	'
Loan to ESOP	483	'	'
Net deferred tax asset	10	'	'
Accrued interest receivable	12	'	'
Other assets	28	'	'
Total assets	10,387	'	'
STOCKHOLDERS' EQUITY	'	'	'
Stockholders' equity	$10,387	'	'

CONDENSED_PARENT_COMPANY_ONLY_3

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS (Details 2) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2012
CONDENSED STATEMENT OF OPERATION	'	'	'	'	'	'	'	'	'	'
Interest income on ESOP loan	'	'	'	'	'	'	'	'	$2,441	$2,301
Professional fees	'	'	'	'	'	'	'	'	416	196
(Loss) income before income tax (benefit) expense	-95	-121	47	53	215	-6	56	186	-116	451
Income tax benefit	-22	-49	13	19	84	-3	22	75	-39	178
Net (loss) income	-73	-72	34	34	131	-3	34	111	-77	273
Parent Company	'	'	'	'	'	'	'	'	'	'
CONDENSED STATEMENT OF OPERATION	'	'	'	'	'	'	'	'	'	'
Interest income on ESOP loan	'	'	'	'	'	'	'	'	13	'
Interest income on time deposits	'	'	'	'	'	'	'	'	1	'
Total interest income	'	'	'	'	'	'	'	'	14	'
Director fees	'	'	'	'	'	'	'	'	7	'
Professional fees	'	'	'	'	'	'	'	'	80	'
Other expenses	'	'	'	'	'	'	'	'	16	'
Total other expenses	'	'	'	'	'	'	'	'	103	'
(Loss) income before income tax (benefit) expense	'	'	'	'	'	'	'	'	-89	'
Equity in undistributed earnings of subsidiary	'	'	'	'	'	'	'	'	-18	'
Loss before income taxes	'	'	'	'	'	'	'	'	-107	'
Income tax benefit	'	'	'	'	'	'	'	'	-30	'
Net (loss) income	'	'	'	'	'	'	'	'	($77)	'

CONDENSED_PARENT_COMPANY_ONLY_4

CONDENSED PARENT COMPANY ONLY FINANCIAL STATEMENTS (Details 3) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'	'	'	'	'	'	'	'	'
Net loss	($73)	($72)	$34	$34	$131	($3)	$34	$111	($77)	$273
Increase in accrued interest receivable	'	'	'	'	'	'	'	'	-24	9
Deferred tax benefit	'	'	'	'	'	'	'	'	-13	121
Increase in other assets	'	'	'	'	'	'	'	'	464	-629
Net cash provided by (used in) operating activities	'	'	'	'	'	'	'	'	6,651	-2,538
Cash flows from investing activities:	'	'	'	'	'	'	'	'	'	'
Purchase of interest-bearing time deposits	'	'	'	'	'	'	'	'	-1,993	-2,803
Net cash (used in) investing activities	'	'	'	'	'	'	'	'	-15,175	-3,342
Cash flows from financing activities:	'	'	'	'	'	'	'	'	'	'
Proceeds from common stock offering	'	'	'	'	'	'	'	'	6,613	'
Costs of common stock offering	'	'	'	'	'	'	'	'	-961	'
Net cash provided by financing activities	'	'	'	'	'	'	'	'	3,060	7,544
Net (decrease) increase in cash and cash equivalents	'	'	'	'	'	'	'	'	-5,464	1,664
Cash and cash equivalents at beginning of year	'	'	'	10,177	'	'	'	8,513	10,177	8,513
Cash and cash equivalents at end of year	4,713	'	'	'	10,177	'	'	'	4,713	10,177
Parent Company	'	'	'	'	'	'	'	'	'	'
Cash flows from operating activities:	'	'	'	'	'	'	'	'	'	'
Net loss	'	'	'	'	'	'	'	'	-77	'
Increase in accrued interest receivable	'	'	'	'	'	'	'	'	-12	'
Deferred tax benefit	'	'	'	'	'	'	'	'	-10	'
Increase in income taxes receivable	'	'	'	'	'	'	'	'	-20	'
Increase in other assets	'	'	'	'	'	'	'	'	-8	'
Equity in undistributed earnings of subsidiary	'	'	'	'	'	'	'	'	18	'
Net cash provided by (used in) operating activities	'	'	'	'	'	'	'	'	-109	'
Cash flows from investing activities:	'	'	'	'	'	'	'	'	'	'
Purchase of interest-bearing time deposits	'	'	'	'	'	'	'	'	-496	'
ESOP loan, net of principal payments	'	'	'	'	'	'	'	'	-483	'
Investment in subsidiary, Meetinghouse Bank	'	'	'	'	'	'	'	'	-2,826	'
Net cash (used in) investing activities	'	'	'	'	'	'	'	'	-3,805	'
Cash flows from financing activities:	'	'	'	'	'	'	'	'	'	'
Proceeds from common stock offering	'	'	'	'	'	'	'	'	6,613	'
Costs of common stock offering	'	'	'	'	'	'	'	'	-961	'
Net cash provided by financing activities	'	'	'	'	'	'	'	'	5,652	'
Net (decrease) increase in cash and cash equivalents	'	'	'	'	'	'	'	'	1,738	'
Cash and cash equivalents at end of year	$1,738	'	'	'	'	'	'	'	$1,738	'

QUARTERLY_RESULTS_OF_OPERATION2

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2013	Sep. 30, 2012
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	'	'	'	'	'	'	'	'	'	'
Interest and dividend income	$675	$670	$663	$619	$629	$617	$625	$695	$2,627	$2,566
Interest expense	131	131	132	133	140	145	150	159	527	594
Net interest and dividend income	544	539	531	486	489	472	475	536	2,100	1,972
Provision for loan losses	32	27	41	4	-2	8	-3	15	104	18
Net interest and dividend income after provision for loan losses	512	512	490	482	491	464	478	521	1,996	1,954
Total noninterest income	246	276	352	355	498	193	190	277	1,229	1,158
Total noninterest expense	853	909	795	784	774	663	612	612	3,341	2,661
(Loss) income before income tax (benefit) expense	-95	-121	47	53	215	-6	56	186	-116	451
Provision (benefit) for income taxes	-22	-49	13	19	84	-3	22	75	-39	178
Net (loss) income	($73)	($72)	$34	$34	$131	($3)	$34	$111	($77)	$273