Malvern Bancorp (MLVF) 10-Q 13 Aug 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 30, 2021	Aug. 13, 2021
Cover [Abstract]
Entity Registrant Name	MALVERN BANCORP, INC.
Entity Central Index Key	0001550603
Document Type	10-Q
Document Period End Date	Jun. 30, 2021
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		7,622,316
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Incorporation, State or Country Code	PA
Entity File Number	000-54835
Entity Tax Identification Number	45-5307782
Entity Address, Address Line One	42 East Lancaster Avenue
Entity Address, City or Town	Paoli
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19301
City Area Code	610
Local Phone Number	644-9400
Document Quarterly Report	true
Document Transition Report	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	MLVF
Security Exchange Name	NASDAQ

CONSOLIDATED STATEMENTS OF FINA

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
ASSETS
Cash and due from depository institutions	$ 90,441	$ 16,386
Interest bearing deposits in depository institutions	14,513	45,053
Cash and Cash Equivalents	104,954	61,439
Investment securities available for sale, at fair value (amortized cost of $34,261 and $31,658, respectively)	34,502	31,541
Investment securities held to maturity (fair value of $32,360 and $15,608, respectively)	31,795	14,970
Restricted stock, at cost	7,896	9,622
Loans receivable, net of allowance for loan losses of $11,600 and $12,433, respectively	940,735	1,026,894
Other real estate owned	4,961	5,796
Accrued interest receivable	3,370	3,677
Operating lease right-of-use assets	2,168	2,638
Property and equipment, net	5,902	6,274
Deferred income taxes	3,389	3,680
Bank-owned life insurance	25,889	25,400
Other assets	20,183	16,344
Total Assets	1,185,744	1,208,275
Deposits:
Deposits-non-interest-bearing	53,365	50,422
Deposits-interest-bearing	854,339	840,484
Total Deposits	907,704	890,906
FHLB advances	90,000	130,000
Secured borrowing		4,225
Subordinated debt	24,895	24,776
Advances from borrowers for taxes and insurance	2,502	1,741
Accrued interest payable	946	728
Operating lease liabilities	2,204	2,671
Other liabilities	9,301	12,635
Total Liabilities	1,037,552	1,067,682
Commitments and Contingencies
Shareholders’ Equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued
Common stock, $0.01 par value, 50,000,000 shares authorized; 7,816,832 and 7,622,316 shares issued and outstanding, respectively, at June 30, 2021 and 7,804,469 and 7,609,953 shares issued and outstanding, respectively, at September 30, 2020	76	76
Additional paid-in-capital	85,424	85,127
Retained earnings	66,486	60,388
Unearned Employee Stock Ownership Plan (ESOP) shares	(937)	(1,047)
Accumulated other comprehensive income (loss)	6	(1,088)
Treasury stock, at cost: 194,516 shares at June 30, 2021 and September 30, 2020	(2,863)	(2,863)
Total Shareholders’ Equity	148,192	140,593
Total Liabilities and Shareholders’ Equity	$ 1,185,744	$ 1,208,275

CONSOLIDATED STATEMENTS OF FI_2

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Statement Of Financial Position [Abstract]
Investment securities available for sale, amortized cost	$ 34,261	$ 31,658
Investment securities held to maturity, fair value	32,360	15,608
Allowance for loan losses	$ 11,600	$ 12,433
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized	50,000,000	50,000,000
Common stock, issued	7,816,832	7,804,469
Common stock, outstanding	7,622,316	7,609,953
Treasury stock, shares	194,516	194,516

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest and Dividend Income
Loans, including fees	$ 8,895	$ 10,068	$ 28,040	$ 31,626
Investment securities, taxable	378	253	1,046	699
Investment securities, tax-exempt	30	27	77	100
Dividends, restricted stock	110	124	370	494
Interest-bearing cash accounts	6	26	21	1,048
Total Interest and Dividend Income	9,419	10,498	29,554	33,967
Interest Expense
Deposits	1,446	2,876	5,508	10,236
Short-term borrowings			48
Long-term borrowings	461	608	1,614	2,270
Subordinated debt	383	383	1,149	1,149
Total Interest Expense	2,290	3,867	8,319	13,655
Net Interest Income	7,129	6,631	21,235	20,312
Provision for Loan Losses		435	550	3,210
Net Interest Income after Provision for Loan losses	7,129	6,196	20,685	17,102
Other Income
Service charges and other fees	344	195	1,010	1,058
Rental income	55	54	163	163
Net gains on sale and call of investments	165	1	779	181
Net gains on sale of loans	65	11	743	14
Earnings on bank-owned life insurance	164	128	489	380
Total Other Income	793	389	3,184	1,796
Other Expenses
Salaries and employee benefits	2,259	2,279	6,806	6,675
Occupancy expense	546	576	1,656	1,749
Federal deposit insurance premium	77	79	236	79
Advertising	12	33	76	87
Data processing	301	275	935	825
Professional fees	841	524	2,388	1,467
Other real estate owned expense, net	835	29	866	99
Pennsylvania shares tax	170	169	509	509
Other operating expenses	791	720	2,395	2,254
Total Other Expenses	5,832	4,684	15,867	13,744
Income before income tax expense	2,090	1,901	8,002	5,154
Income tax expense	489	447	1,904	1,007
Net Income	$ 1,601	$ 1,454	$ 6,098	$ 4,147
Earnings Per Common Share:
Basic	$ 0.21	$ 0.19	$ 0.81	$ 0.54
Diluted	$ 0.21	$ 0.19	$ 0.81	$ 0.54
Weighted Average Common Shares Outstanding:
Basic	7,545,371	7,538,375	7,533,516	7,622,820
Diluted	7,546,200	7,538,375	7,534,068	7,622,820

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net Income		$ 1,601	$ 1,454	$ 6,098	$ 4,147
Other Comprehensive Income (Loss), Net of Tax:
Unrealized holding gains on available-for-sale securities		671	(302)	1,135	(169)
Tax effect		(141)	62	(238)	34
Net of tax amount		530	(240)	897	(135)
Reclassification adjustment for net gains arising during the period	[1]	(165)	(1)	(779)	(181)
Tax effect		34		163	38
Net of tax amount		(131)	(1)	(616)	(143)
Adjustment for loss recorded on replacement of derivative		(3)	23	(7)	23
Amortization of unrealized holding losses on securities transferred from available-for-sale to held-to-maturity	[2]	1	1	3	3
Tax effect				(1)
Net of tax amount		1	1	2	3
Fair value adjustments on derivatives		194	(336)	1,034	(927)
Tax effect		(41)	66	(216)	190
Net of tax amount		153	(270)	818	(737)
Total other comprehensive income (loss)		550	(487)	1,094	(989)
Total comprehensive income		$ 2,151	$ 967	$ 7,192	$ 3,158
[1]	Amounts are included in net gains on sale and call of investments on the Consolidated Statements of Operations in total other income.
[2]	Amounts are included in interest and dividends on investment securities on the Consolidated Statements of Operations.

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned ESOP Shares [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Balance at beginning at Sep. 30, 2019	$ 142,508	$ 78	$ 84,783	$ 59,744	$ (1,192)	$ (569)	$ (336)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	4,147			4,147
Other comprehensive income (loss)	(989)					(989)
Treasury stock activity	(2,529)	(2)					(2,527)
Committed to be released ESOP shares	192		83		109
Stock based compensation	202		202
Balance at ending at Jun. 30, 2020	143,531	76	85,068	63,891	(1,083)	(1,558)	(2,863)
Balance at beginning at Mar. 31, 2020	143,150	77	84,939	62,437	(1,120)	(1,071)	(2,112)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	1,454			1,454
Other comprehensive income (loss)	(487)					(487)
Treasury stock activity	(752)	(1)					(751)
Committed to be released ESOP shares	42		5		37
Stock based compensation	124		124
Balance at ending at Jun. 30, 2020	143,531	76	85,068	63,891	(1,083)	(1,558)	(2,863)
Balance at beginning at Sep. 30, 2020	140,593	76	85,127	60,388	(1,047)	(1,088)	(2,863)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	6,098			6,098
Other comprehensive income (loss)	1,094					1,094
Stock issuance	72		72
Committed to be released ESOP shares	183		73		110
Stock based compensation	152		152
Balance at ending at Jun. 30, 2021	148,192	76	85,424	66,486	(937)	6	(2,863)
Balance at beginning at Mar. 31, 2021	145,851	76	85,271	64,885	(974)	(544)	(2,863)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income	1,601			1,601
Other comprehensive income (loss)	550					550
Stock issuance	72		72
Committed to be released ESOP shares	68		31		37
Stock based compensation	50		50
Balance at ending at Jun. 30, 2021	$ 148,192	$ 76	$ 85,424	$ 66,486	$ (937)	$ 6	$ (2,863)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - shares	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement Of Stockholders Equity [Abstract]
Committed to be released ESOP shares	3,600	3,600	10,800	10,800

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2020
Cash Flows from Operating Activities
Net Income	$ 1,601	$ 1,454	$ 6,098	$ 4,147
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense			502	563
Provision for Loan Losses		435	550	3,210	$ 10,610
Deferred income tax expense (benefit)			291	(263)
ESOP expense			183	192
Stock based compensation			152	202
Amortization of premiums and discounts on investments securities, net			145	163
Amortization of loan origination fees and costs			1,044	531
Amortization of mortgage servicing rights			28	58
Net gain on sale and call of investments securities available-for-sale	(165)	(1)	(779)	(181)
Net loss on sale of fixed assets				4
Net gain on sale of secondary market loans			(743)	(14)
Proceeds from sale of secondary market loans			20,900	449
Originations of secondary market loans			(20,157)	(435)
Valuation write down of other real estate owned			835
Earnings on bank-owned life insurance	(164)	(128)	(489)	(380)
Decrease (increase) in accrued interest receivable			(307)	1,427
Increase in accrued interest payable			218	118
Operating lease liability payments			(492)	(499)
(Decrease) increase in other liabilities			(3,802)	7,862
Increase in other assets			2,167	4,389
Amortization of subordinated debt			119	118
Net Cash Provided by Operating Activities			2,743	10,029
Investment securities available-for-sale:
Purchases			(21,325)	(28,188)
Sales			17,297	5,297
Maturities, calls and principal repayments			2,174	7,844
Investment securities held-to-maturity:
Purchase			(24,337)
Maturities, calls and principal repayments			7,397	6,447
Net decrease (increase) in loans			(84,564)	24,120
Net decrease in restricted stock			1,726	1,363
Purchase of property and equipment			(130)	(244)
Net Cash Provided by (Used in) Investing Activities			67,366	(31,601)
Cash Flows from Financing Activities
Net increase (decrease) in deposits			16,798	(69,367)
Proceeds for long-term borrowings			230,000	25,000
Repayment of long-term borrowings			(270,000)	(28,000)
Repayment of secured borrowings			(4,225)
Increase in advances from borrowers for taxes and insurance			761	1,869
Net proceeds from issuance of common stock			72
Acquisition of treasury stock				(2,529)
Net Cash Used in Financing Activities			(26,594)	(73,027)
Net Increase (Decrease) in Cash and Cash Equivalents			43,515	(94,599)
Cash and Cash Equivalents - Beginning			61,439	153,543	153,543
Cash and Cash Equivalents - Ending	$ 104,954	$ 58,944	104,954	58,944	$ 61,439
Supplemental Cash Flows Information
Interest paid			8,101	13,403
Income taxes paid			2,072	1,077
Impact of ASC 842 adoption (ASU 2016-02):
Right-of-use asset			$ 3,279	3,279
Operating lease liability				$ (3,279)

The Company

The Company	9 Months Ended
	Jun. 30, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
The Company	Note 1 – The Company Malvern Bancorp, Inc. (the “Company” or “Malvern Bancorp”), a Pennsylvania corporation, is a bank holding company registered under the Bank Holding Company Act of 1956, as amended (the “Holding Company Act”). Malvern Bancorp is the holding company for Malvern Bank, National Association (“Malvern Bank” or the “Bank”), a national bank that was originally organized in 1887 as a federally-chartered savings bank. The Company’s primary business is the ownership and operation of the Bank. The Bank’s principal business consists of attracting deposits from businesses and the general public and investing those deposits, together with borrowings and funds generated from operations, in commercial and multi-family real estate loans, one- to four-family residential real estate loans, construction and development loans, commercial business loans, home equity loans, lines of credit, and other consumer loans. The Company also invests in and maintains a portfolio of investment securities, primarily comprised of corporate debt securities, U.S. government agencies, mortgage-backed securities, and state and municipal obligations. Malvern Bank is one of the oldest banks headquartered on the Philadelphia Main Line. For more than a century, the Bank has been committed to helping people build prosperous communities as a trusted financial partner, forging lasting relationships through teamwork, respect, and integrity. The Bank’s primary market niche is providing personalized service to its client base. The Bank conducts business from its headquarters in Paoli, Pennsylvania, a suburb of Philadelphia, and through its nine other banking locations in Chester and Delaware counties, Pennsylvania, Morristown, New Jersey, its New Jersey regional headquarters, and Palm Beach, Florida. The Bank also maintains representative offices in Wellington, Florida and Allentown, Pennsylvania. In preparing the unaudited consolidated financial statements, management has made estimates and assumptions that affect the reported amounts of assets and liabilities as of the dates of the unaudited consolidated statements of condition and that affect the results of operations for the periods presented. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to change in the near term relate to the determination of the allowance for loan losses, other real estate owned, the evaluation of deferred tax assets, the other-than-temporary impairment evaluation of securities, and the valuation of derivative positions. The unaudited consolidated financial statements have been prepared in conformity with GAAP. As used in this Quarterly Report on Form 10-Q, the terms “Malvern”, “the Company”, “registrant”, “we”, “us”, and “our” mean Malvern Bancorp, Inc. and its subsidiaries, on a consolidated basis, unless the context indicates otherwise.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Basis of financial statement presentation. The unaudited condensed consolidated financial statements of the Company include the accounts of the Company and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements present the Company’s financial condition at June 30, 2021 and September 30, 2020 and the results of operations for the three and nine months ended June 30, 2021 and 2020, and cash flows for the nine months ended June 30, 2021 and 2020. In management’s opinion, the unaudited condensed consolidated financial statements contain all adjustments, which include normal and recurring adjustments, necessary for a fair presentation of the financial position and results of operations as of the dates and for the interim periods presented. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and note disclosures included in the 2020 Annual Report filed with the Securities and Exchange Commission (“SEC”). The consolidated statements of operations for the three and nine months ended June 30, 2021 and the consolidated statements of cash flows for the nine months ended June 30, 2021 are not necessarily indicative of the results of operations or cash flows for the full year ending September 30, 2021 or any interim period. Operating, Accounting and Reporting Considerations related to COVID-19 The COVID-19 pandemic has and continues to negatively impact the global economy. In response to the crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act, as expanded by the Economic Aid to Hard-Hit Small Business, Nonprofits and Venues Act, enacted December 27, 2020 and the American Rescue Plan Act, enacted March 11, 2021, provides more than $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Under Section 4013 of the CARES Act, as amended, and based upon regulatory guidance promulgated by federal banking regulators, qualifying short-term loan modifications resulting in payment deferrals that are attributable to the adverse impact of COVID-19 are not considered to be troubled debt restructurings (“TDRs”). Some of the provisions applicable to the Company include, but are not limited to: • Accounting for Loan Modifications – The CARES Act provides that a financial institution may elect to suspend (1) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (2) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. The suspension is applicable for the term of the loan modification that occurs during the applicable period for a loan that was not more than 30 days past due as of December 31, 2019. The suspension is not applicable to any adverse impact on the credit of a borrower that is not related to the COVID-19 pandemic. • Paycheck Protection Program – The CARES Act established the Paycheck Protection Program (“PPP”), an expansion of the Small Business Administration’s 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the Small Business Administration (“SBA”). • Mortgage Forbearance – Under the CARES Act, certain mortgage customers experiencing financial hardship due to COVID-19 may request forbearance on a loan for up to 30 days, with up to two additional 30-day periods at the borrower’s request. In addition, the Company was permitted to temporarily suspend collection and foreclosure efforts on past due loans in accordance with CARES Act and related regulatory guidance. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: • Accounting for Loan Modifications – Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with the Financial Accounting Standards Board (“FASB”) staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who are current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payments. Loan modifications were made in accordance with Section 4013 of the CARES Act and the Interagency Statement on Loan Modifications and Reporting for Financial Institutions working with customers affected by COVID-19 and therefore were not classified as TDRs. • Past Due Reporting – With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreements. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral. • Nonaccrual Status and Charge-offs – During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified. Recent Accounting Pronouncements Yet to Be Adopted Reference Rate Reform. In March 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (Topic 848) . The guidance allows for companies to: (1) account for certain contract modifications as a continuation of the existing contract without additional analysis; (2) continue hedge accounting when certain critical terms of a hedging relationship change and assess effectiveness in ways that disregard certain potential sources of ineffectiveness; and (3) make a one-time sale and/or transfer of certain debt securities from held-to-maturity to available-for-sale or trading. This ASU is available for adoption effective immediately, or as of January 1, 2020 or any date thereafter for the Company, and applies prospectively to contract modifications and hedging relationships. The one-time election to sell and/or transfer debt securities classified as held-to-maturity may be made at any time after March 12, 2020. The Company anticipates adopting this ASU and will continue to analyze the provisions of the ASU in connection with ongoing procedures to monitor the work of the Alternative Rates Committee of the FRB and Federal Reserve Bank of New York in identifying an alternative U.S. dollar reference interest rate. It is too early to predict a new rate index replacement, but we anticipate that it will be the Secured Overnight Financing Rate (“SOFR”). The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position, or cash flows of the Company. ASU 2021-01, “Reference Rate Reform (Topic 848): Scope.” ASU 2021-01 was issued to clarify certain optional expedients and exceptions in ASC 848 for contract modifications and hedge accounting applied to derivatives that are affected by the discounting transition. In addition, the ASU clarifies that a receive-variable-rate, pay-variable-rate cross-currency interest rate swap may be considered eligible as a hedging instrument in a net investment hedge if both legs of the swap do not have the same repricing intervals and dates as a result of the reference rate reform. ASU 2021-01 became effective January 7, 2021. Income Taxes. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740). This ASU identifies, evaluates, and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position, or cash flows of the Company. Credit Losses. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied currently will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. Additionally, this ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. In April 2019, the FASB issued ASU 2019-04, Codification Improvements , which provides guidance on accounting for credit losses on accrued interest receivable balances and guidance on including recoveries when estimating the allowance. In May 2019, the FASB issued ASU 2019-05, Targeted Transition Relief, which allows entities with an option to elect fair value for certain instruments upon adoption of Topic 326. This ASU will be effective for interim and annual periods beginning after December 15, 2019, with early adoption permitted . The Bank has a software system in place to assist with the calculation of Current Expected Credit Losses (“CECL”). In November 2019, the FASB issued ASU No. 2019-10, Financial Instruments-Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) making this ASU effective for interim and annual periods beginning after December 15, 2022. As such, the Company would be required to implement the ASU on October 1, 2023. In November 2019, the FASB issued ASU No. 2019-11, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, which provides guidance on stakeholders’ specific issues about certain aspects of the amendments in ASU 2016-13. The Company formed a cross functional implementation team to review the requirements of ASU 2016-13 and contracted with a third-party provider to assist in the development and implementation of the revised credit loss methodology. The impact on the consolidated earnings, financial position, and cash flows of the Company upon adoption of this ASU are currently unknown.

Risks and Uncertainties

Risks and Uncertainties	9 Months Ended
	Jun. 30, 2021
Risks And Uncertainties [Abstract]
Risks and Uncertainties	Note 3 – Risks and Uncertainties On March 11, 2020, the World Health Organization declared COVID-19, the disease caused by the novel coronavirus, a pandemic as a result of the global spread of the coronavirus illness. In response to the outbreak, federal and state authorities in the U.S. introduced various measures to try to limit or slow the spread of the virus, including travel restrictions, nonessential business closures, stay-at-home orders, and strict social distancing. The Company activated its “Pandemic Plan” to protect the health of employees and clients, which included temporarily limiting lobby hours and transitioning some of the Company’s workforce to remote work. While significant progress is being made in the U.S. in connection with vaccine distribution efforts, and the macro-economic forecasts are generally more positive, uncertainty continues to exist regarding the speed of the economic recovery, COVID-19’s variants (including the “Delta” variant), the effectiveness of the vaccines against COVID-19 variants, and generally the full impact of COVID-19 is unknown and rapidly and continuously evolving. It has caused substantial disruption in international and U.S. economies, markets, and employment. The outbreak has had, and may continue to have, a significant adverse impact on certain industries the Company serves, especially with respect to its loan portfolio. Because of the significant uncertainties related to the ultimate duration of the COVID-19 pandemic and its potential effects on clients and prospects, and on the national and local economy as a whole, there can be no assurances as to how the crisis may ultimately affect the Company, including the Company’s loan portfolio. The Company will continue to experience some level of periodic charge-offs in the future as exit strategies are considered and executed, in particular as it relates to clients impacted by the COVID-19 pandemic. Loans with previously established specific reserves may ultimately result in a charge-off under a variety of scenarios. To work with clients impacted by COVID-19, the Company began providing financial hardship relief in the form of payment deferrals and forbearances to consumers and business customers across several lending products, as well as suspension of home foreclosures. The initial payment deferrals and forbearances were expected to cover a period of three months. The Company subsequently approved a second forbearance period for a maximum of 90 additional days. These offers are not classified as TDRs, will not be reported as past due during the deferral period, and do not result in loans being placed on nonaccrual status. The Company participated in the initial PPP when the program was officially launched by the SBA and Treasury Department under the CARES Act. Recognizing the significance of operational risk that this portfolio of loans poses, and the continued complexity and uncertainty surrounding evolving regulatory pronouncements regarding various aspects of the PPP, management reviewed several options for continued servicing of the PPP loan portfolio through forgiveness and beyond. After thoughtful consideration, the Company concluded that it was in the best interests of both the Bank and our PPP borrowers that the loans be serviced by an organization that has the servicing infrastructure in place to support the significant volume and short timeframe involved in the complex and evolving PPP forgiveness process. In that regard, in mid-December 2020, the Bank sold substantially all of its PPP loans to a seasoned and experienced non-bank lender and servicer of SBA loans. In connection with the sale, the Company recognized a $202,000 net gain on the sale of approximately $19.7 million of PPP loans, which was recorded as non-interest income for the period ended December 31, 2020. We are currently working with the same third party in order for its customers to be able to participate in the updated PPP loan program adopted as part of the COVID-19 stimulus bill enacted in December 2020 as part of the 2021 Consolidated Appropriations Act

Non-Interest Income

Non-Interest Income	9 Months Ended
	Jun. 30, 2021
Noninterest Income [Abstract]
Non-Interest Income	Note 4 – Non-Interest Income On October 1, 2018, the Company adopted the amendments of ASU 2014-09 – Revenue from Contracts with Customers (Topic 606) and all subsequent ASUs that modified Topic 606. A significant amount of the Company’s revenue is derived from net interest income on financial assets and liabilities, which are excluded from the scope of the amended guidance. Some sources of revenue included within non-interest income fall within the scope of Topic 606, while other sources do not. The Company recognizes revenue when the performance obligations related to the transfer of goods or services under the terms of the contract are satisfied. Some obligations are satisfied at a point in time while others are satisfied over a period of time. Revenue is recognized as the amount of consideration to which the Company expects to be entitled in exchange for transferring goods or services to a customer. When consideration includes a variable component, the amount of consideration attributable to variability is included in the transaction price only to the extent it is probable that significant revenue recognized will not be reversed when uncertainty associated with the variable consideration is subsequently resolved. The Company’s contracts generally do not contain terms that require significant judgement to determine the variability impacting the transaction price. The Company has included the following table regarding the Company’s non-interest income for the periods presented: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) Rental income $ 55 $ 54 $ 163 $ 163 Net gains on sale and call of investments 165 1 779 181 Net gains on sale of loans 65 11 743 14 Earnings on bank-owned life insurance 164 128 489 380 Non-interest income within the scope of other GAAP topics $ 449 $ 194 $ 2,174 $ 738 ATM fees $ 3 $ 2 $ 9 $ 5 Credit card fee income 6 5 16 16 DDA fee income 22 9 64 65 DDA service fees 23 16 68 54 Debit card fees 76 53 205 180 Other loan fee income 147 53 467 559 Other fee income 65 55 175 173 Other non-interest income 2 2 6 6 Non-interest income from contracts with customers $ 344 $ 195 $ 1,010 $ 1,058 Total Non-interest Income $ 793 $ 389 $ 3,184 $ 1,796

Earnings Per Share

Earnings Per Share	9 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Note 5 – Earnings Per Share Basic earnings per common share is computed based on the weighted average number of shares outstanding reduced by unearned Employee Stock Ownership Plan (“ESOP”) shares. Diluted earnings per share is computed based on the weighted average number of shares outstanding and common stock equivalents (“CSEs”) that would arise from the exercise of dilutive securities, reduced by unearned ESOP shares. During the three and nine months ended June 30, 2021, the Company granted a total of 12,363 restricted shares, which are considered CSEs . , respectively, which are considered CSEs. The following table sets forth the composition of the weighted average shares (denominator) used in the earnings per share computations: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands, except share and per share data) Net Income $ 1,601 $ 1,454 $ 6,098 $ 4,147 Weighted average shares outstanding 7,622,316 7,629,722 7,614,074 7,717,778 Average unearned ESOP shares (76,945 ) (91,347 ) (80,558 ) (94,958 ) Basic weighted average shares outstanding 7,545,371 7,538,375 7,533,516 7,622,820 Plus: effect of potential dilutive common stock equivalents - stock options 829 - 552 - Diluted weighted average common shares outstanding 7,546,200 7,538,375 7,534,068 7,622,820 Earnings per common share: Basic $ 0.21 $ 0.19 $ 0.81 $ 0.54 Diluted $ 0.21 $ 0.19 $ 0.81 $ 0.54

Employee Stock Ownership Plan

Employee Stock Ownership Plan	9 Months Ended
	Jun. 30, 2021
Employee Stock Ownership Plan E S O P Shares In E S O P [Abstract]
Employee Stock Ownership Plan	Note 6 – Employee Stock Ownership Plan The Company maintains an ESOP for substantially all of its full-time employees. The current ESOP trustee is Pentegra. Shares of the Company’s common stock purchased by the ESOP are held until released for allocation to participants. Shares released are allocated to each eligible participant based on the ratio of each such participant’s base compensation to the total base compensation of all eligible plan participants. As the unearned shares are committed to be released and allocated among participants, the Company recognizes compensation expense equal to the fair value of the ESOP shares during the periods in which they become committed to be released. To the extent that the fair value of the ESOP shares released differs from the cost of such shares, the difference is charged or credited to additional paid-in capital. During the period from May 20, 2008 to September 30, 2008, the ESOP purchased 241,178 shares of Company common stock for approximately $2.6 million, at an average price of $10.86 per share, which was funded by a loan from Malvern Federal Bancorp, Inc. (the Company’s predecessor). The ESOP loan, which bears an interest rate of 5%, is being repaid in quarterly installments through 2026 principally from the Bank’s contributions to the ESOP.

Investment Securities

Investment Securities	9 Months Ended
	Jun. 30, 2021
Investments Debt And Equity Securities [Abstract]
Investment Securities	Note 7 - Investment Securities The Company’s investment securities are classified as available-for-sale or held-to-maturity at June 30, 2021 and at September 30, 2020. Investment securities available-for-sale are reported at fair value with unrealized gains or losses included in equity, net of tax. Accordingly, the carrying value of such securities reflects their fair value at the balance sheet date. Fair value is based upon either quoted market prices, or in certain cases where there is limited activity in the market for a particular instrument, assumptions are made to determine their fair value. Held-to-maturity securities, which are carried at amortized cost, are investments where there is positive intent and ability to hold to maturity. Transfers of debt securities from the available-for-sale category to the held-to-maturity category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer remains in accumulated other comprehensive loss and in the carrying value of the held-to-maturity investment security. Premiums or discounts on investment securities are amortized or accreted using the effective interest method over the life of the security as an adjustment of yield. Unrealized holding gains or losses that remain in accumulated other comprehensive loss are amortized or accreted over the remaining life of the security as an adjustment of yield, offsetting the related amortization of the premium or accretion of the discount. The following tables present information related to the Company’s investment securities at June 30, 2021 and September 30, 2020: June 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (In thousands) Investment Securities Available-for-Sale: U.S. government agencies $ 5,000 $ - $ (5 ) $ 4,995 State and municipal obligations 2,769 19 - 2,788 Single issuer trust preferred security 1,000 - (121 ) 879 Corporate debt securities 23,988 351 (3 ) 24,336 Mutual funds 1,504 - - 1,504 Total $ 34,261 $ 370 $ (129 ) $ 34,502 Investment Securities Held-to-Maturity: U.S. government agencies $ 12,500 $ 23 $ - $ 12,523 State and municipal obligations 6,091 121 - 6,212 Corporate debt securities 3,412 257 - 3,669 Mortgage-backed securities: Federal National Mortgage Association 2,492 - - 2,492 Collateralized mortgage obligations (“CMO”), fixed-rate 7,300 164 - 7,464 Total $ 31,795 $ 565 $ - $ 32,360 Total investment securities $ 66,056 $ 935 $ (129 ) $ 66,862 September 30, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (In thousands) Investment Securities Available-for-Sale: U.S. government agencies $ 5,025 $ 15 $ - $ 5,040 State and municipal obligations 3,101 4 - 3,105 Single issuer trust preferred security 1,000 - (75 ) 925 Corporate debt securities 21,009 182 (243 ) 20,948 Mutual fund 1,523 - - 1,523 Total $ 31,658 $ 201 $ (318 ) $ 31,541 Investment Securities Held-to-Maturity: State and municipal obligations $ 1,794 $ 129 $ - $ 1,923 Corporate debt securities 3,498 260 - 3,758 Mortgage-backed securities: CMO, fixed-rate 9,678 249 - 9,927 Total $ 14,970 $ 638 $ - $ 15,608 Total investment securities $ 46,628 $ 839 $ (318 ) $ 47,149 For t he nine months ended June 30, 2021, proceeds of available-for-sale investment securities sold amounted to approximately $17.3 million. During the same period, $1.7 million of available-for-sale investment securities and $5.0 million of held-to-maturity investment securities were called . T here were gains of approximately $779,000 associated with these sales and calls. For the nine months ended June 30, 2020, proceeds of available-for-sale investment securities sold amounted to approximately $5.3 million. During the same period, $7.8 million of available-for-sale investment securities and $3.7 million of held-to-maturity securities were called. There were gains of approximately $181,000 associated with these sales and calls. The following tables indicate gross unrealized losses not recognized in income and fair value, aggregated by investment category, and the length of time individual securities have been in a continuous unrealized loss position at June 30, 2021 and September 30, 2020: June 30, 2021 Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) Investment Securities Available for Sale: U.S. government agencies $ 4,995 $ (5 ) $ - $ - $ 4,995 $ (5 ) Single issuer trust preferred security - - 879 (121 ) 879 (121 ) Corporate debt securities 2,000 - 1,498 (3 ) 3,498 (3 ) Total investment securities $ 6,995 $ (5 ) $ 2,377 $ (124 ) $ 9,372 $ (129 ) September 30, 2020 Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) Investment Securities Available for Sale: Single issuer trust preferred security $ - $ - $ 925 $ (75 ) $ 925 $ (75 ) Corporate debt securities 4,426 (74 ) 3,330 (169 ) 7,756 (243 ) Total investment securities $ 4,426 $ (74 ) $ 4,255 $ (244 ) $ 8,681 $ (318 ) As of June 30, 2021, the estimated fair value of the securities disclosed above was primarily dependent upon the movement in market interest rates, particularly given the inherent credit risk associated with these securities. These investment securities are comprised of securities that are rated investment grade by at least one bond credit rating service. Although the fair value will fluctuate as market interest rates move, management believes that these fair values will recover as the underlying portfolios mature and are reinvested in market rate yielding investments. As of June 30, 2021, the Company held Investment securities having a carrying value of approximately $3.3 million and $4.6 million at June 30, 2021 and September 30, 2020, respectively, were pledged to secure deposits. No investment securities were pledged to secure hedges at June 30, 2021 or September 30, 2020. The following table presents information for investment securities at June 30, 2021, based on scheduled maturities. Actual maturities can be expected to differ from scheduled maturities due to prepayment or early call options of the issuer. June 30, 2021 Amortized Cost Fair Value (In thousands) Available-for-Sale: Within 1 year $ 500 $ 500 Over 1 year through five years 4,445 4,444 After 5 years through ten years 20,992 21,212 Over 10 years 8,324 8,346 Total $ 34,261 $ 34,502 Held-to-Maturity: Over 1 year through five years $ 4,511 $ 4,839 After 5 years through ten years 13,168 13,235 Over 10 years 4,324 4,330 Mortgage-backed securities: Federal National Mortgage Association 2,492 2,492 CMO, fixed-rate 7,300 7,464 Total $ 31,795 $ 32,360 Total investment securities $ 66,056 $ 66,862

Loans Receivable and Related Al

Loans Receivable and Related Allowance for Loan Losses	9 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Loans Receivable and Related Allowance for Loan Losses	Note 8 - Loans Receivable and Related Allowance for Loan Losses Loans receivable in the Company’s portfolio consisted of the following at the dates indicated below: June 30, 2021 September 30, 2020 (In thousands) Residential mortgage $ 201,737 $ 242,090 Construction and Development: Residential and commercial 61,484 65,703 Land 2,253 3,110 Total Construction and Development 63,737 68,813 Commercial: Commercial real estate 478,032 495,398 Farmland 10,335 7,517 Multi-family 66,725 67,767 Commercial and industrial 97,955 116,584 Other 10,896 10,142 Total Commercial 663,943 697,408 Consumer: Home equity lines of credit 12,822 17,128 Second mortgages 7,039 10,711 Other 2,372 2,851 Total Consumer 22,233 30,690 Total loans 951,650 1,039,001 Deferred loan costs, net 685 326 Allowance for loan losses (11,600 ) (12,433 ) Total loans receivable, net $ 940,735 $ 1,026,894 The following tables summarize the primary classes of the allowance for loan losses (“ALLL”), segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment, as of June 30, 2021 and September 30, 2020. Activity in the ALLL is presented for the three and nine months ended June 30, 2021 and 2020 and the fiscal year ended September 30, 2020: Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Three Months Ended June 30, 2021 Beginning balance $ 1,428 $ 532 $ 24 $ 8,377 $ 35 $ 506 $ 557 $ 49 $ 119 $ 114 $ 25 $ 835 $ 12,601 Charge-offs - - - (645 ) - - (379 ) - - - - - (1,024 ) Recoveries - - - - - - 1 - 15 6 1 - 23 Provisions (111 ) (97 ) (9 ) 607 21 (3 ) 471 5 (41 ) (16 ) (4 ) (823 ) - Ending balance $ 1,317 $ 435 $ 15 $ 8,339 $ 56 $ 503 $ 650 $ 54 $ 93 $ 104 $ 22 $ 12 $ 11,600 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Three Months Ended June 30, 2020 Beginning balance $ 1,492 $ 354 $ 24 $ 7,282 $ 42 $ 444 $ 516 $ 35 $ 127 $ 212 $ 21 $ 7 $ 10,556 Charge-offs - - - - - - - - - - - - - Recoveries 1 - - 2 - - 1 - 1 71 - - 76 Provisions 203 51 2 (67 ) 5 203 75 8 9 (60 ) 1 5 435 Ending balance $ 1,696 $ 405 $ 26 $ 7,217 $ 47 $ 647 $ 592 $ 43 $ 137 $ 223 $ 22 $ 12 $ 11,067 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Nine Months Ended June 30, 2021 Beginning balance $ 1,667 $ 465 $ 23 $ 8,682 $ 47 $ 511 $ 578 $ 51 $ 130 $ 196 $ 29 $ 54 $ 12,433 Charge-offs - - - (1,128 ) - - (379 ) - - - (1 ) - (1,508 ) Recoveries 1 - - 1 - - 2 - 16 103 2 - 125 Provisions (351 ) (30 ) (8 ) 784 9 (8 ) 449 3 (53 ) (195 ) (8 ) (42 ) 550 Ending balance $ 1,317 $ 435 $ 15 $ 8,339 $ 56 $ 503 $ 650 $ 54 $ 93 $ 104 $ 22 $ 12 $ 11,600 Ending balance: individually evaluated for impairment $ - $ - $ - $ 1,287 $ - $ - $ - $ - $ - $ 37 $ - $ - $ 1,324 Ending balance: collectively evaluated for impairment $ 1,317 $ 435 $ 15 $ 7,052 $ 56 $ 503 $ 650 $ 54 $ 93 $ 67 $ 22 $ 12 $ 10,276 Loans receivable: Ending balance $ 201,737 $ 61,484 $ 2,253 $ 478,032 $ 10,335 $ 66,725 $ 97,955 $ 10,896 $ 12,822 $ 7,039 $ 2,372 $ 951,650 Ending balance: individually evaluated for impairment $ 3,561 $ - $ - $ 38,219 $ 2,265 $ - $ 3,124 $ - $ 24 $ 458 $ - $ 47,651 Ending balance: collectively evaluated for impairment $ 198,176 $ 61,484 $ 2,253 $ 439,813 $ 8,070 $ 66,725 $ 94,831 $ 10,896 $ 12,798 $ 6,581 $ 2,372 $ 903,999 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Nine Months Ended June 30, 2020 Beginning balance $ 1,364 $ 523 $ 20 $ 5,903 $ 49 $ 369 $ 615 $ 21 $ 122 $ 267 $ 23 $ 819 $ 10,095 Charge-offs - - - (2,288 ) - - - - (62 ) (3 ) - - (2,353 ) Recoveries 24 - - 4 - - 2 - 1 83 1 - 115 Provisions 308 (118 ) 6 3,598 (2 ) 278 (25 ) 22 76 (124 ) (2 ) (807 ) 3,210 Ending balance $ 1,696 $ 405 $ 26 $ 7,217 $ 47 $ 647 $ 592 $ 43 $ 137 $ 223 $ 22 $ 12 $ 11,067 Ending balance: individually evaluated for impairment $ 2 $ - $ - $ 109 $ - $ - $ - $ - $ - $ 99 $ 1 $ - $ 211 Ending balance: collectively evaluated for impairment $ 1,694 $ 405 $ 26 $ 7,108 $ 47 $ 647 $ 592 $ 43 $ 137 $ 124 $ 21 $ 12 $ 10,856 Loans receivable: Ending balance $ 246,215 $ 56,999 $ 3,535 $ 506,180 $ 7,531 $ 66,416 $ 115,899 $ 8,397 $ 18,097 $ 11,704 $ 2,074 $ 1,043,047 Ending balance: individually evaluated for impairment $ 3,435 $ - $ - $ 18,187 $ - $ - $ - $ - $ 28 $ 861 $ 1 $ 22,512 Ending balance: collectively evaluated for impairment $ 242,780 $ 56,999 $ 3,535 $ 487,993 $ 7,531 $ 66,416 $ 115,899 $ 8,397 $ 18,069 $ 10,843 $ 2,073 $ 1,020,535 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Year Ended September 30, 2020 Beginning balance $ 1,364 $ 523 $ 20 $ 5,903 $ 49 $ 369 $ 615 $ 21 $ 122 $ 267 $ 23 $ 819 $ 10,095 Charge-offs - - - (8,330 ) - - - - (62 ) (3 ) (1 ) - (8,396 ) Recoveries 25 - - 6 - - 2 - 1 88 2 - 124 Provisions 278 (58 ) 3 11,103 (2 ) 142 (39 ) 30 69 (156 ) 5 (765 ) 10,610 Ending balance $ 1,667 $ 465 $ 23 $ 8,682 $ 47 $ 511 $ 578 $ 51 $ 130 $ 196 $ 29 $ 54 $ 12,433 Ending balance: individually evaluated for impairment $ - $ - $ - $ 227 $ - $ - $ - $ - $ - $ 81 $ - $ - $ 308 Ending balance: collectively evaluated for impairment $ 1,667 $ 465 $ 23 $ 8,455 $ 47 $ 511 $ 578 $ 51 $ 130 $ 115 $ 29 $ 54 $ 12,125 Loans receivable: Ending balance $ 242,090 $ 65,703 $ 3,110 $ 495,398 $ 7,517 $ 67,767 $ 116,584 $ 10,142 $ 17,128 $ 10,711 $ 2,851 $ 1,039,001 Ending balance: individually evaluated for impairment $ 3,388 $ - $ - $ 25,926 $ - $ - $ - $ - $ 26 $ 882 $ - $ 30,222 Ending balance: collectively evaluated for impairment $ 238,702 $ 65,703 $ 3,110 $ 469,472 $ 7,517 $ 67,767 $ 116,584 $ 10,142 $ 17,102 $ 9,829 $ 2,851 $ 1,008,779 In assessing the adequacy of the ALLL, it is recognized that the process, methodology and underlying assumptions require a significant degree of judgment. The estimation of loan losses is not precise; the range of factors considered is wide and is significantly dependent upon management’s judgment, including the outlook and potential changes in the economic environment. Any unallocated portion of the ALLL in conjunction with the quarterly review and changes to the qualitative factors to adjust for the risk due to current economic conditions reflects management’s estimate of probable inherent but undetected losses within the portfolio due to uncertainties in economic conditions, regulatory requirements, delays in obtaining information, including unfavorable information about a borrower’s financial condition, the difficulty in identifying triggering events that correlate perfectly to subsequent loss rates, and risk factors that have not yet manifested themselves in loss allocation factors. During the three and nine months ended June 30, 2021, the Company recorded net charge-offs of $1.0 million and $1.4 million, respectively, compared to a net recovery of $76,000 for the three months ended June 30, 2020 and a net charge-off of $2.2 million for the nine months ended June 30, 2020. Net loan charge-offs increased during the three months ended June 30, 2021 due to two individual commercial real estate loan partial charge-offs totaling $645,000 and one commercial and industrial loan partial charge-off totaling $379,000. The partial charge-offs were primarily the result of the ongoing monitoring and evaluation of classified loan values and is reflective of changes in current economic conditions. The increase in impaired loans with no specific allowance from $29.4 million at September 30, 2020 to $40.8 million at June 30, 2021 is primarily due to the additions of one commercial real estate loan of approximately $12.4 million, two commercial and industrial loans of approximately $3.1 million, one commercial farmland loan of approximately $2.3 million, offset by the removal of one commercial real estate loan of approximately $6.5 million. Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance (In thousands) June 30, 2021 Residential mortgage $ - $ - $ 3,561 $ 3,561 $ 3,753 Commercial: Commercial real estate 6,764 1,287 31,455 38,219 51,560 Farmland - - 2,265 2,265 2,265 Commercial and industrial - - 3,124 3,124 3,503 Consumer: Home equity lines of credit - - 24 24 28 Second mortgages 104 37 354 458 502 Total impaired loans $ 6,868 $ 1,324 $ 40,783 $ 47,651 $ 61,611 September 30, 2020 Residential mortgage $ - $ - $ 3,388 $ 3,388 $ 3,598 Commercial: Commercial real estate 676 227 25,250 25,926 36,945 Consumer: Home equity lines of credit - - 26 26 30 Second mortgages 101 81 781 882 949 Total impaired loans $ 777 $ 308 $ 29,445 $ 30,222 $ 41,522 The following table presents the average recorded investment in impaired loans in the loan portfolio and related interest income recognized for the three and nine months ended June 30, 2021 and 2020: Three Months Ended June 30, 2021 Nine Months Ended June 30, 2021 Average Impaired Loans Interest Income Recognized on Impaired Loans Average Impaired Loans Interest Income Recognized on Impaired Loans (In thousands) Residential mortgage $ 3,280 $ 22 $ 3,383 $ 56 Commercial: Commercial real estate 38,243 153 32,701 403 Farmland 2,265 31 1,766 50 Commercial and industrial 1,398 5 709 12 Consumer: Home equity lines of credit 24 - 51 - Second mortgages 776 2 711 5 Total $ 45,986 $ 213 $ 39,321 $ 526 Three Months Ended June 30, 2020 Nine Months Ended June 30, 2020 Average Impaired Loans Interest Income Recognized on Impaired Loans Average Impaired Loans Interest Income Recognized on Impaired Loans (In thousands) Residential mortgage $ 3,448 $ 24 $ 3,487 $ 71 Commercial: Commercial real estate 18,190 109 12,822 129 Consumer: Home equity lines of credit 28 - 29 - Second mortgages 844 2 856 14 Total $ 22,510 $ 135 $ 17,194 $ 214 The following table presents the classes of the loan portfolio categorized as pass, special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2021 and September 30, 2020: Pass Special Mention Substandard Doubtful Total (In thousands) June 30, 2021: Residential mortgage $ 198,548 $ - $ 3,189 $ - $ 201,737 Construction and Development: Residential and commercial 61,484 - - - 61,484 Land 2,253 - - - 2,253 Commercial: Commercial real estate 391,046 48,754 38,232 - 478,032 Farmland 8,070 - 2,265 - 10,335 Multi-family 57,395 9,330 - - 66,725 Commercial and industrial 89,473 - 8,482 - 97,955 Other 10,896 - - - 10,896 Consumer: Home equity lines of credit 12,718 - 104 - 12,822 Second mortgages 5,939 70 1,030 - 7,039 Other 2,372 - - - 2,372 Total $ 840,194 $ 58,154 $ 53,302 $ - $ 951,650 Pass Special Mention Substandard Doubtful Total (In thousands) September 30, 2020: Residential mortgage $ 238,610 $ - $ 3,480 $ - $ 242,090 Construction and Development: Residential and commercial 65,703 - - - 65,703 Land 3,110 - - - 3,110 Commercial: Commercial real estate 422,143 46,892 26,363 - 495,398 Farmland 7,517 - - - 7,517 Multi-family 58,285 9,482 - - 67,767 Commercial and industrial 110,099 6,368 117 - 116,584 Other 10,142 - - - 10,142 Consumer: Home equity lines of credit 16,969 - 159 - 17,128 Second mortgages 9,573 76 1,062 - 10,711 Other 2,851 - - - 2,851 Total $ 945,002 $ 62,818 $ 31,181 $ - $ 1,039,001 The following table presents loans that are no longer accruing interest as of June 30, 2021 and September 30, 2020, by portfolio class: June 30, 2021 September 30, 2020 (In thousands) Non-accrual loans: Residential mortgage $ 1,063 $ 2,036 Commercial: Commercial real estate 19,572 14,414 Commercial and industrial 2,575 - Consumer: Home equity lines of credit 24 26 Second mortgages 313 254 Total non-accrual loans $ 23,547 $ 16,730 Under the Bank’s loan policy, once a loan has been placed on non-accrual status, we do not resume interest accruals until the loan has been brought current and has maintained a current payment status for not less than six consecutive months. Interest income that would have been recognized on non-accrual loans had they been current in accordance with their original terms was approximately $300,000 and $845,000 for the three and nine months ended June 30, 2021, respectively, and approximately $49,000 and $63,000 for the three and nine months ended June 30, 2020, respectively. At June 30, 2021 and September 30, 2020, there were approximately $212,000 and Management monitors the performance and credit quality of the loan portfolio by analyzing the age of the loan portfolio and categorizing each loan as “current”, meaning payment is received from a borrower by the scheduled due date, or by the length of time a scheduled payment is past due. The following table presents the classes of the loan portfolio categorized by the following aging categories as of June 30, 2021 and September 30, 2020: Current 30-59 Days Past Due 60-89 Days Past Due 90 Days and More Past Due Total Past Due Total Loans Receivable Loans Receivable > 90 Days and Accruing (In thousands) June 30, 2021: Residential mortgage $ 200,791 $ 42 $ 186 $ 718 $ 946 $ 201,737 $ - Construction and Development: Residential and commercial 61,484 - - - - 61,484 - Land 2,253 - - - - 2,253 - Commercial: Commercial real estate 470,554 - - 7,478 7,478 478,032 212 Farmland 10,335 - - - - 10,335 - Multi-family 66,725 - - - - 66,725 - Commercial and industrial 95,380 - - 2,575 2,575 97,955 - Other 10,896 - - - - 10,896 - Consumer: Home equity lines of credit 12,822 - - - - 12,822 - Second mortgages 6,883 - - 156 156 7,039 - Other 2,369 3 - - 3 2,372 - Total $ 940,492 $ 45 $ 186 $ 10,927 $ 11,158 $ 951,650 $ 212 Current 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Total Loans Receivable Loans Receivable > 90 Days and Accruing (In thousands) September 30, 2020: Residential mortgage $ 239,623 $ 68 $ 694 $ 1,705 $ 2,467 $ 242,090 $ - Construction and Development: Residential and commercial 65,703 - - - - 65,703 - Land 3,110 - - - - 3,110 - Commercial: Commercial real estate 495,087 - - 311 311 495,398 - Farmland 7,517 - - - - 7,517 - Multi-family 67,767 - - - - 67,767 - Commercial and industrial 116,584 - - - - 116,584 - Other 10,142 - - - - 10,142 - Consumer: Home equity lines of credit 17,080 - - 48 48 17,128 48 Second mortgages 10,325 157 33 196 386 10,711 10 Other 2,850 - 1 - 1 2,851 - Total $ 1,035,788 $ 225 $ 728 $ 2,260 $ 3,213 $ 1,039,001 $ 58 Restructured loans deemed to be TDRs are typically the result of an extension of the loan maturity date or a reduction of the interest rate of the loan to a rate that is below market, a combination of rate and maturity extension, or by other means, including covenant modifications, forbearance and other concessions. However, the Bank generally restructures loans by modifying the payment structure to require payments of interest only for a specified period or by reducing the actual interest rate. Once a loan becomes a TDR, it will continue to be reported as a TDR during the term of the restructuring. The Company had 28 and 26 loans classified as TDRs at June 30, 2021 and September 30, 2020, respectively, with an aggregate outstanding balance of $24.2 million and $21.7 million, respectively. At June 30, 2021, these loans were also classified as impaired. 23 of the TDR loans continue to perform under the restructured terms through June 30, 2021 and the Company continued to accrue interest on such loans through such date. Loans that have been classified as TDRs have modified payment terms and in some cases modified interest rates from the original agreements, which allow the borrowers, who were experiencing financial difficulty, to make interest only payments for a period of time in order to relieve some of their overall cash flow burden. Some loan modifications classified as TDRs may not ultimately result in the full collection of principal and interest, as modified, and could result in potential incremental losses. These potential incremental losses have been factored into our overall estimate of the ALLL. The level of any defaults will likely be affected by future economic conditions. A default on a TDR loan for purposes of this disclosure occurs when the borrower is 90 days past due or a foreclosure or repossession of the applicable collateral has occurred. TDRs may arise in cases where, due to financial difficulties experienced by the borrower, the Company obtains through physical possession one or more collateral assets in satisfaction of all or part of an existing credit. Once possession is obtained, the Company reclassifies the appropriate portion of the remaining balance of the credit from loans to other real estate owned (“OREO”), which is included within other assets in the Consolidated Statements of Financial Condition. Total Troubled Debt Restructurings Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months Number of Loans Recorded Investment Number of Loans Recorded Investment (Dollars in thousands) June 30, 2021: Residential mortgage 17 $ 3,321 5 $ 823 Commercial: Commercial real estate 5 17,895 - - Farmland 1 2,265 - - Commercial and industrial 1 549 - - Consumer: Second mortgages 4 145 - - Total 28 $ 24,175 5 $ 823 September 30, 2020: Residential mortgage 17 $ 3,435 7 $ 1,617 Commercial: Commercial real estate 5 18,091 1 6,652 Consumer: Second mortgages 4 161 - - Total 26 $ 21,687 8 $ 8,269 The following table reports the performing status of all TDR loans. The performing status is determined by a loan’s compliance with the modified terms: June 30, 2021 September 30, 2020 Performing Non-Performing Performing Non-Performing (In thousands) Residential mortgage $ 2,498 $ 823 $ 1,818 $ 1,617 Commercial: Commercial real estate 17,895 - 11,439 6,652 Farmland 2,265 - - - Commercial and industrial 549 - - - Consumer: Second mortgages 145 - 161 - Total $ 23,352 $ 823 $ 13,418 $ 8,269 There were no new TDRs for the three months ended June 30, 2021. The following tables show the new TDRs for the three and nine months ended June 30, 2021 and 2020: For the Three Months Ended June 30, 2021 2020 Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment (In thousands) Troubled Debt Restructurings: Commercial: Commercial real estate - $ - $ - 1 $ 10,635 $ 10,635 Total troubled debt restructurings - $ - $ - 1 $ 10,635 $ 10,635 For the Nine Months Ended June 30, 2021 2020 Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment (Dollars in thousands) Troubled Debt Restructurings: Residential mortgage - $ - $ - 1 $ 207 $ 207 Commercial: Commercial real estate - $ - $ - 2 $ 10,930 $ 10,926 Farmland 1 $ 2,287 $ 2,287 - $ - $ - Commercial and industrial 1 $ 549 $ 549 - $ - $ - Total troubled debt restructurings 2 $ 2,836 $ 2,836 3 $ 11,137 $ 11,133 Under Section 4013 of the CARES Act, and separately based upon regulatory guidance promulgated by federal banking regulators (collectively, “Interagency Statement”), qualifying short-term loan modifications resulting in payment deferrals that are attributable to the adverse impact of COVID-19 are not considered to be TDRs. As such, the applicable loans are reported as current with regard to payment status and continue to accrue interest during the payment deferral period. The following tables set forth the composition of these loans by loan segments as of June 30, 2021 and September 30, 2020: June 30, 2021 Number of Loans Loan Deferment Exposure Gross Loans June 30, 2021 Percentage of Gross Loans on Deferral (Dollars in thousands) Residential mortgage 2 $ 669 $ 201,737 0.07 % Construction and Development: Residential and commercial - - 61,484 0.00 % Land loans - - 2,253 0.00 % Total Construction and Development - - 63,737 0.00 % Commercial: Commercial real estate 6 60,612 478,032 6.37 % Farmland - - 10,335 0.00 % Multi-family - - 66,725 0.00 % Commercial and industrial - - 97,955 0.00 % Other - - 10,896 0.00 % Total Commercial 6 60,612 663,943 6.37 % Consumer: Home equity lines of credit - - 12,822 0.00 % Second mortgages - - 7,039 0.00 % Other - - 2,372 0.00 % Total Consumer - - 22,233 0.00 % Total loans 8 $ 61,281 $ 951,650 6.44 % September 30, 2020 Number of Loans Loan Deferment Exposure Gross Loans September 30, 2020 Percentage of Gross Loans on Deferral (Dollars in thousands) Residential mortgage 5 $ 1,288 $ 242,090 0.12 % Construction and Development: Residential and commercial - - 65,703 0.00 % Land loans - - 3,110 0.00 % Total Construction and Development - - 68,813 0.00 % Commercial: Commercial real estate 21 131,348 495,398 12.64 % Farmland 1 2,288 7,517 0.22 % Multi-family 2 3,718 67,767 0.36 % Commercial and industrial 10 5,547 116,584 0.53 % Other - - 10,142 0.00 % Total Commercial 34 142,901 697,408 13.75 % Consumer: Home equity lines of credit 3 579 17,128 0.06 % Second mortgages 1 17 10,711 0.00 % Other - - 2,851 0.00 % Total Consumer 4 596 30,690 0.06 % Total loans 43 $ 144,785 $ 1,039,001 13.94 %

Regulatory Matters

Regulatory Matters	9 Months Ended
	Jun. 30, 2021
Regulatory Matters Disclosure [Abstract]
Regulatory Matters	Note 9 - Regulatory Matters Regulatory Capital Requirements The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s 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 classifications are also subject to qualitative judgments by the regulators about components, risk-weightings, and other factors. In J l r iv U S r a a f a e d F r a a r r to l a J n 1 r a a b e b a a r r r m r r for r w R W A ratio b r a a a w r r r a a r a s e a a r r a a a r l r s F m the a a r a of f iv J n 1 e a a a r m a a r a r J n 1 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 tangible and core capital (as defined in the regulations) to total adjusted tangible assets (as defined in the regulations) and of risk-based capital (as defined in the regulations) to risk-weighted assets (as defined in the regulations). As of June 30, 2021 and as of September 30, 2020, the Company’s and the Bank’s current capital levels exceeded the required capital amounts to be considered “well capitalized” and they also met the fully-phased in minimum capital requirements, including the related capital conservation buffers, as required by the Basel III capital rules. The following table summarizes the Company’s compliance with applicable regulatory capital requirements as of June 30, 2021 and September 30, 2020: Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of June 30, 2021 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 148,186 12.27 % $ 48,321 4.00 % N/A N/A Common Equity Tier 1 Capital (to risk weighted assets) 148,186 15.07 % 44,259 4.50 % N/A N/A Tier 1 Capital (to risk weighted assets) 148,186 15.07 % 59,012 6.00 % N/A N/A Total Risk Based Capital (to risk weighted assets) 185,375 18.85 % 78,682 8.00 % N/A N/A As of September 30, 2020 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 141,681 11.63 % $ 48,473 4.00 % N/A N/A Common Equity Tier 1 Capital (to risk weighted assets) 141,681 14.00 % 45,528 4.50 % N/A N/A Tier 1 Capital (to risk weighted assets) 141,681 14.00 % 60,704 6.00 % N/A N/A Total Risk Based Capital (to risk weighted assets) 178,972 17.69 % 80,939 8.00 % N/A N/A The following table summarizes the Bank’s compliance with applicable regulatory capital requirements as of June 30, 2021 and September 30, 2020: Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of June 30, 2021 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 163,187 13.53 % $ 48,251 4.00 % $ 60,314 5.00 % Common Equity Tier 1 Capital (to risk weighted assets) 163,187 16.61 % 44,214 4.50 % 63,865 6.50 % Tier 1 Capital (to risk weighted assets) 163,187 16.61 % 58,953 6.00 % 78,604 8.00 % Total Risk Based Capital (to risk weighted assets) 174,869 17.80 % 78,604 8.00 % 98,254 10.00 % As of September 30, 2020 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 155,575 12.78 % $ 48,685 4.00 % $ 60,856 5.00 % Common Equity Tier 1 Capital (to risk weighted assets) 155,575 15.40 % 45,459 4.50 % 65,663 6.50 % Tier 1 Capital (to risk weighted assets) 155,575 15.40 % 60,612 6.00 % 80,816 8.00 % Total Risk Based Capital (to risk weighted assets) 168,090 16.64 % 80,816 8.00 % 101,020 10.00 %

Derivatives and Hedging Activit

Derivatives and Hedging Activities	9 Months Ended
	Jun. 30, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivatives and Hedging Activities	Note 10 – Derivatives and Hedging Activities The Company is exposed to certain risks arising from both its business operations and economic conditions. The Company principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Company manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its debt funding and the use of derivative financial instruments. Specifically, the Company enters into derivative financial instruments to manage exposures that arise from business activities that result in the payment of future uncertain cash amounts, the value of which are determined by interest rates. The Company’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income (loss) and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. At June 30, 2021, such derivatives were used to hedge the variable cash flows associated with advances from the Federal Home Loan Bank of Pittsburgh (“FHLB Pittsburgh”), which is one of 12 regional Federal Home Loan Banks (“FHLB”). Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. During the next twelve months, the Company estimates approximately $379,000 to be reclassified to earnings as an increase to interest expense. The Company is hedging its exposure to the variability in future cash flows for forecasted transactions over a maximum period of twenty months (excluding forecasted transactions related to the payment of variable interest on existing financial instruments). The Company executes interest rate swaps with commercial banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third party, such that the Company minimizes its net risk exposure resulting from such transactions. These derivatives are not designated as hedges and are not speculative. Rather, these derivatives result from a service the Company provides to certain customers. As the interest rate swaps associated with this program do not meet the hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. The tables below present the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Statements of Financial Condition as of June 30, 2021 and September 30, 2020: ` June 30, 2021 Asset derivatives Liability derivatives Notional Amount Fair Value Statement of Financial Condition Location Notional Amount Fair Value Statement of Financial Condition Location (In thousands) Derivatives designated as a hedging instrument: Interest rate swap agreement $ - $ - Other assets $ 70,000 $ 257 Other liabilities Derivatives not designated as a hedging instrument: Interest rate swap agreement $ 44,853 $ 5,148 Other assets $ 44,853 $ 5,151 Other liabilities September 30, 2020 Asset derivatives Liability derivatives Notional Amount Fair Value Statement of Financial Condition Location Notional Amount Fair Value Statement of Financial Condition Location (In thousands) Derivatives designated as a hedging instrument: Interest rate swap agreement $ - $ - Other assets $ 90,000 $ 1,291 Other liabilities Derivatives not designated as a hedging instrument: Interest rate swap agreement $ 45,162 $ 8,752 Other assets $ 45,162 $ 8,756 Other liabilities The tables below present the derivative assets and liabilities offsetting as of June 30, 2021 and September 30, 2020: Offsetting of Derivative Assets (In thousands) as of June 30, 2021 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Assets Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Assets presented in the Statement of Financial Condition Financial Instruments Cash Collateral Received Net Amount Derivatives $ 5,148 $ - $ 5,148 $ - $ - $ 5,148 Offsetting of Derivative Liabilities (In thousands) as of June 30, 2021 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Liabilities presented in the Statement of Financial Condition Financial Instruments Cash Collateral Posted Net Amount Derivatives $ 5,408 $ - $ 5,408 $ 436 $ 7,857 $ (2,885 ) Offsetting of Derivative Assets (In thousands) as of September 30, 2020 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Assets Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Assets presented in the Statement of Financial Condition Financial Instruments Cash Collateral Received Net Amount Derivatives $ 8,752 $ - $ 8,752 $ - $ - $ 8,752 Offsetting of Derivative Liabilities (In thousands) as of September 30, 2020 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Liabilities presented in the Statement of Financial Condition Financial Instruments Cash Collateral Posted Net Amount Derivatives $ 10,047 $ - $ 10,047 $ 1,498 $ 12,857 $ (4,308 ) The tables below present the net gains (losses) recorded in accumulated other comprehensive income (loss) and the Consolidated Statements of Operations relating to the cash flow derivative instruments for the three and nine months ended June 30, 2021 and 2020: Three Months Ended June 30, 2021 Amount of Loss Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ (40 ) $ (231 ) Total derivatives (40 ) (231 ) Nine Months Ended June 30, 2021 Amount of Gain Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ 274 $ (754 ) Total derivatives 274 (754 ) Three Months Ended June 30, 2020 Amount of Loss Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ (433 ) $ (122 ) Total derivatives (433 ) (122 ) Nine Months Ended June 30, 2020 Amount of Loss Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ (1,086 ) $ (183 ) Total derivatives (1,086 ) (183 ) The tables below present the effect of the Company’s derivative financial instruments on the Consolidated Statements of Operations for the three and nine months ended June 30, 2021 and 2020: Three Months Ended June 30, 2021 Consolidated Statements of Operations Amount of Loss Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ (1 ) Total $ (1 ) Nine Months Ended June 30, 2021 Consolidated Statements of Operations Amount of Gain Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ 2 Total $ 2 Three Months Ended June 30, 2020 Consolidated Statements of Operations Amount of Loss Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ - Total $ - Nine Months Ended June 30, 2020 Consolidated Statements of Operations Amount of Loss Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ (6 ) Total $ (6 ) The Company has agreements with each of its derivative counterparties that contain a provision providing that if the Company defaults on any of its indebtedness, including defaults where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. At June 30, 2021 and September 30, 2020, the fair value of derivatives was in a net liability position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements. There were no adjustments for nonperformance risk at June 30, 2021 and September 30, 2020. $7.9 million

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 11 - Fair Value Measurements The Company follows FASB ASC Topic 820 Fair Value Measurement The Company groups its assets at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: Level 1— valuation is based upon quoted prices for identical instruments traded in active markets. Level 2—valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3—valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect the Company’s own estimates of assumptions that market participants would use in pricing the asset. The Company bases its fair values on the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. It is the Company’s policy to maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements, in accordance with the fair value hierarchy. Fair value measurements for assets where there exists limited or no observable market data and, therefore, are based primarily upon the Company’s or other third-party’s estimates, are often calculated based on the characteristics of the asset, the economic and competitive environment, and other factors. Therefore, the results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset. Additionally, there may be inherent weaknesses in any calculation technique, and changes in the underlying assumptions used, including discount rates and estimates of future cash flows, could significantly affect the results of current or future valuations. The Company monitors and evaluates available data to perform fair value measurements on an ongoing basis and recognizes transfers among the levels of the fair value hierarchy as of the date event or a change in circumstances that affects the valuation method chosen. There were no changes in valuation technique or transfers between levels at June 30, 2021 or September 30, 2020. The tables below present the balances of assets measured at fair value on a recurring basis as of June 30, 2021 and September 30, 2020: June 30, 2021 Total Level 1 Level 2 Level 3 (In thousands) Assets: Investment securities available for sale: Debt securities: U.S. government agencies $ 4,995 $ - $ 4,995 $ - State and municipal obligations 2,788 - 2,788 - Single issuer trust preferred security 879 - 879 - Corporate debt securities 24,336 - 24,336 - Mutual funds 1,504 1,004 - 500 Total investment securities available for sale $ 34,502 $ 1,004 $ 32,998 $ 500 Derivative instruments $ 5,148 $ - $ 5,148 $ - Liabilities: Derivative instruments $ 5,408 $ - $ 5,408 $ - September 30, 2020 Total Level 1 Level 2 Level 3 (In thousands) Assets: Investment securities available for sale: Debt securities: U.S. government agencies $ 5,040 $ - $ 5,040 $ - State and municipal obligations 3,105 - 3,105 - Single issuer trust preferred security 925 - 925 - Corporate debt securities 20,948 - 20,948 - Mutual fund 1,523 1,023 - 500 Total investment securities available for sale $ 31,541 $ 1,023 $ 30,018 $ 500 Derivative instruments $ 8,752 $ - $ 8,752 $ - Liabilities: Derivative instruments $ 10,047 $ - $ 10,047 $ - The following tables present additional information about the securities available-for-sale measured at fair value on a recurring basis and for which the Company utilized significant unobservable inputs (Level 3 inputs) to determine fair value for the nine months ended June 30, 2021 and June 30, 2020 Fair value measurements using significant unobservable inputs (Level 3) (In thousands) Balance, October 1, 2020 $ 500 Payments received - Total gains or losses (realized/unrealized) Included in earnings - Included in other comprehensive income - Purchases - Transfers in and/or out of Level 3 - Balance, June 30, 2021 $ 500 Fair value measurements using significant unobservable inputs (Level 3) (In thousands) Balance, October 1, 2019 $ 250 Payments received - Total gains or losses (realized/unrealized) Included in earnings - Included in other comprehensive income - Purchases 250 Transfers in and/or out of Level 3 - Balance, June 30, 2020 $ 500 The majority of the Company’s available for sale investment securities are reported at fair value utilizing Level 2 inputs. For these securities, the Company obtains fair value measurements from an independent pricing service. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, the U.S. Treasury yield curve, live trading levels, trade execution data, market consensus prepayment speeds, credit information and the securities’ terms and conditions, among other things. From time to time, the Company validates prices supplied by the independent pricing service by comparison to prices obtained from third-party sources or derived using internal models. For assets measured at fair value on a nonrecurring basis that were still held at the end of the period, the following tables provide the level of valuation assumptions used to determine each adjustment and the carrying value of the related individual assets or portfolios at June 30, 2021 and September 30, 2020: June 30, 2021 Total Level 1 Level 2 Level 3 (In thousands) Other real estate owned $ 4,961 $ - $ - $ 4,961 Impaired loans (1) 27,691 - - 27,691 Total $ 32,652 $ - $ - $ 32,652 June 30, 2021 Fair Value at June 30, 2021 Valuation Technique Unobservable Input Range/(Weighted Average) (Dollars in thousands) Other real estate owned $ 4,961 Appraisal of Collateral(2) Collateral discount(3) 4%/(4%) Impaired loans (1) 27,691 Appraisal of Collateral(2) Collateral discount(3) 0% - 15.2%/(10.8%) Total $ 32,652 (1) Consisted of four loans with an aggregate balance of $6.9 million and with $1.3 million in specific loan loss allowance and three loans with an aggregate balance of $22.1 million that were partially charged-off. (2) Fair value is generally determined through independent appraisals of the underlying collateral primarily using comparable sales. (3) Appraisals may be adjusted by management for qualitative factors such as time, changes in economic conditions and estimated liquidation expense. September 30, 2020 Total Level 1 Level 2 Level 3 (In thousands) Other real estate owned $ 5,796 $ - $ - $ 5,796 Impaired loans (1) 7,920 - - 7,920 Total $ 13,716 $ - $ - $ 13,716 September 30, 2020 Fair Value at September 30, 2020 Valuation Technique Unobservable Input Range/(Weighted Average) (Dollars in thousands) Other real estate owned $ 5,796 Appraisal of Collateral(2) Collateral discount(3) 0%/(0%) Impaired loans (1) 7,920 Appraisal of Collateral(2) Collateral discount(3) (2.0%) - 20.0%/(1.4%) Total $ 13,716 (1) Consisted of seven loans with an aggregate balance of $8.2 million and with $308,000 in specific loan loss allowance. (2) Fair value is generally determined through independent appraisals of the underlying collateral primarily using comparable sales. (3) Appraisals may be adjusted by management for qualitative factors such as time, changes in economic conditions and estimated liquidation expense. At June 30, 2021 and September 30, 2020, the Company did not have any additions to our mortgage servicing assets. At June 30, 2021 and September 30, 2020, the Company only sold loans with servicing released. The following disclosure of the estimated fair value of financial instruments is made in accordance with the requirements of FASB ASC 825. The estimated fair value amounts have been determined by the Company using available market information and appropriate valuation methods. However, considerable judgment is necessarily required to interpret market data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company would realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. FASB ASC 825 excludes certain financial instruments and all non-financial instruments from its disclosure requirements. Accordingly, the aggregate fair value amounts presented may not necessarily represent the underlying fair value of the Company . The fair value estimates presented herein are based on pertinent information available to management as of June 30, 2021 and September 30, 2020. Although management is not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for purposes of these financial statements since June 30, 2021 and, therefore, current estimates of fair value may differ significantly from the amounts presented herein. The following assumptions were used to estimate the fair value of the Company’s financial instruments: Cash and Cash Equivalents —These assets are carried at historical cost. The carrying amount is a reasonable estimate of fair value because of the relatively short time between the origination of the instrument and its expected realization. Investment Securities —Investment and mortgage-backed securities available for sale (carried at fair value), and equity securities (carried at fair value) are measured at fair value on a recurring basis. Fair value measurements for these securities are typically obtained from independent pricing services that the Company has engaged for this purpose. When available, the Company, or its independent pricing service, use quoted market prices to measure fair value. If market prices are not available, fair value measurement is based upon models that incorporate available trade, bid and other market information and for structured securities, cash flow and, when available, loan performance data. Because many fixed income securities do not trade on a daily basis, our independent pricing service’s applications apply available information through processes such as benchmark curves, benchmarking of like securities, sector groupings and matrix pricing to prepare evaluations. For each asset class, pricing applications and models are based on information from market sources and integrate relevant credit information. All of our securities available for sale are valued using either of the foregoing methodologies to determine fair value adjustments recorded to our financial statements. Loans Receivable —The Company does not record loans at fair value on a recurring basis. As such, valuation techniques discussed herein for loans are primarily for estimating fair value for FASB ASC 825 disclosure purposes. However, from time to time, we record nonrecurring fair value adjustments to loans to reflect partial write-downs for impairment or the full charge-off of the loan carrying value. The valuation of impaired loans is discussed below. The fair value estimate for FASB ASC 825 purposes differentiates loans based on their financial characteristics, such as product classification, loan category, pricing features and remaining maturity. Prepayment and credit loss estimates are evaluated by loan type and rate. The fair value of loans is estimated by discounting contractual cash flows using discount rates based on current industry pricing, adjusted for prepayment and credit loss estimates. Impaired Loans —Impaired loans are valued utilizing independent appraisals that rely upon quoted market prices for similar assets in active markets. These appraisals include adjustments to comparable assets based on the appraisers’ market knowledge and experience. The appraisals are adjusted downward by management, as necessary, for changes in relevant valuation factors subsequent to the appraisal date and are considered Level 3 inputs. Accrued Interest Receivable —This asset is carried at historical cost. The carrying amount is a reasonable estimate of fair value because of the relatively short time between the origination of the instrument and its expected realization. Restricted Stock —Although restricted stock is an equity interest in the FHLB, it is carried at cost because it does not have a readily determinable fair value as its ownership is restricted and it lacks a market. The estimated fair value approximates the carrying amount. Other Real Estate Owned —Assets acquired through foreclosure or deed in lieu of foreclosure are recorded at estimated fair value less estimated selling costs when acquired, thus establishing a new cost basis. Fair value is generally based on independent appraisals. These appraisals include adjustments to comparable assets based on the appraisers’ market knowledge and experience, and are considered Level 3 inputs. When an asset is acquired, the excess of the loan balance over fair value, less estimated selling costs, is charged to the ALLL. If the estimated fair value of the asset declines, a write-down is recorded through expense. The valuation of foreclosed assets is subjective in nature and may be adjusted in the future because of, among other factors, changes in the economic conditions. Deposits — Deposit liabilities are carried at cost. As such, valuation techniques discussed herein for deposits are primarily for estimating fair value for FASB ASC 825 disclosure purposes. The fair value of deposits is discounted based on rates available for borrowings of similar maturities. A decay rate is estimated for non-time deposits. The discount rate for non-time deposits is adjusted for servicing costs based on industry estimates . Borrowings —Advances from the FHLB are carried at amortized cost. However, the Company is required to estimate the fair value of long-term debt under FASB ASC 825. The fair value is based on the contractual cash flows discounted using rates currently offered for new notes with similar remaining maturities. Subordinated Debt —The calculation of fair value in Level 2 is based on observable market values where available. Derivatives —The fair value of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). The Company’s derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices, and indices to generate continuous yield or pricing curves, prepayment rate, and volatility factors to value the position. The majority of market inputs is actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Accrued Interest Payable —This liability is carried at historical cost. The carrying amount is a reasonable estimate of fair value because of the relatively short time between the origination of the instrument and its expected realization. Commitments to Extend Credit and Letters of Credit — The majority of the Company’s commitments to extend credit and letters of credit carry current market interest rates if converted to loans and are not included in the table below. Because commitments to extend credit and letters of credit are generally unassignable by either the Bank or the borrower, they only have value to the Company and the borrower. The estimated fair value approximates the recorded deferred fee amounts, which are not significant. Mortgage Servicing Rights —The fair value of mortgage servicing rights is based on observable market prices when available or the present value of expected future cash flows when not available. Assumptions, such as loan default rates, costs to service, and prepayment speeds significantly affect the estimate of future cash flows. Mortgage servicing rights are carried at the lower of cost or fair value. The carrying amount and estimated fair value of the Company’s financial instruments as of June 30, 2021 and September 30, 2020 are presented below: June 30, 2021 Carrying Amount Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 104,954 $ 104,954 $ 104,954 $ - $ - Investment securities available-for-sale 34,502 34,502 1,004 32,998 500 Investment securities held-to-maturity 31,795 32,360 - 32,360 - Loans receivable, net (including impaired loans) 940,735 939,454 - - 939,454 Accrued interest receivable 3,370 3,370 - 3,370 - Restricted stock 7,896 7,896 - 7,896 - Mortgage servicing rights (included in Other Assets) 83 83 - 83 - Derivatives (included in Other Assets) 5,148 5,148 - 5,148 - Financial liabilities: Savings accounts 51,011 51,011 - 51,011 - Checking and NOW accounts 382,737 382,737 - 382,737 - Money market accounts 359,040 359,040 - 359,040 - Certificates of deposit 114,916 116,767 - 116,767 - Borrowings (excluding sub debt) 90,000 90,260 - 90,260 - Subordinated debt 24,895 25,027 - 25,027 - Derivatives (included in Other Liabilities) 5,408 5,408 - 5,408 - Accrued interest payable 946 946 - 946 - September 30, 2020 Carrying Amount Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 61,439 $ 61,439 $ 61,439 $ - $ - Investment securities available-for-sale 31,541 31,541 1,023 30,018 500 Investment securities held-to-maturity 14,970 15,608 - 15,608 - Loans receivable, net (including impaired loans) 1,031,392 1,039,981 - - 1,039,981 Accrued interest receivable 3,677 3,677 - 3,677 - Restricted stock 9,622 9,622 - 9,622 - Mortgage servicing rights (included in Other Assets) 111 111 - 111 - Derivatives (included in Other Assets) 8,752 8,752 - 8,752 - Financial liabilities: Savings accounts 45,072 45,072 - 45,072 - Checking and NOW accounts 354,104 354,104 - 354,104 - Money market accounts 277,711 277,711 - 277,711 - Certificates of deposit 214,019 217,212 - 217,212 - Borrowings (excluding sub debt) 134,225 135,101 - 135,101 - Subordinated debt 24,776 25,030 - 25,030 - Derivatives (included in Other Liabilities) 10,047 10,047 - 10,047 - Accrued interest payable 728 728 - 728 -

Comprehensive Income

Comprehensive Income	9 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Comprehensive Income	Note 12 – Comprehensive Income The components of accumulated other comprehensive income (loss) included in shareholders’ equity are as follows: June 30, 2021 September 30, 2020 (In thousands) Net unrealized holding gains (losses) on available-for-sale securities $ 241 $ (118 ) Tax effect (51 ) 25 Net of tax amount 190 (93 ) Fair value adjustments on derivatives (233 ) (1,260 ) Tax effect 49 265 Net of tax amount (184 ) (995 ) Total accumulated other comprehensive income (loss) $ 6 $ (1,088 ) Other comprehensive income (loss) and related tax effects are presented in the following table: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) Net unrealized holding gains (losses) on available-for-sale securities $ 671 $ (302 ) $ 1,135 $ (169 ) Net realized gain on securities available-for-sale (165 ) (1 ) (779 ) (181 ) Amortization of unrealized holding losses on securities transferred from available-for-sale to held-to-maturity 1 1 3 3 Adjustment for loss recorded on replacement of derivative (3 ) 23 (7 ) 23 Fair value adjustments on derivatives 194 (336 ) 1,034 (927 ) Other comprehensive income (loss) before taxes 698 (615 ) 1,386 (1,251 ) Tax effect (148 ) 128 (292 ) 262 Total other comprehensive income (loss) $ 550 $ (487 ) $ 1,094 $ (989 )

Equity Based Incentive Compensa

Equity Based Incentive Compensation Plan	9 Months Ended
	Jun. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity Based Incentive Compensation Plan	Note 13 – Equity Based Incentive Compensation Plan The Company maintains the Malvern Bancorp, Inc. 2014 Long-Term Incentive Compensation Plan (the “2014 Plan”), which permits the grant of long-term incentive and other stock and cash awards. The purpose of the 2014 Plan is to promote the success of the Company and the Bank by providing incentives to officers, employees and directors of the Company and the Bank that will link their personal interests to the financial success of the Company and to growth in shareholder value. The maximum total number of shares of the Company’s common stock available for grants under the 2014 Plan is 400,000. As of June 30, 2021, there were 299,288 remaining shares available for future grants. Restricted stock and option awards granted vest annually in 20% increments beginning on the one year anniversary of the grant date, and accelerate upon a change in control of the Company. The options generally expire ten years from the date of grant. All issuances are subject to forfeiture if the recipient leaves the Company or is terminated prior to the award’s vesting. Shares of restricted stock have the same dividend and voting rights as common stock, while stock options do not have such rights. All awards are issued at fair value of the underlying shares at the grant date. The Company expenses the cost of the awards, which is determined to be the fair market value of the awards at the date of grant. During the three months ended June 30, 2021, stock options covering a total of 7,000 shares of common stock were granted. During the nine months ended June 30, 2021, stock options covering a total of 7,000 shares of common stock were granted. Total compensation expense related to stock options granted under the 2014 Plan was approximately $7,000 and $23,000 for the three and nine months ended June 30, 2021, respectively. During the three months ended June 30, 2020, no stock options were granted. During the nine months ended June 30, 2020, stock options to acquire a total of 7,000 shares of common stock were granted. Total compensation expense related to stock options granted under the 2014 Plan was approximately $ and $ for the three and nine months ended June 30 , 2020 , respectively . During the three months ended June 30, 2021 a total of 12,363 shares of restricted stock were awarded. During the nine months ended June 30, 2021 a total of 12,363 shares of restricted stock were awarded. The compensation expense related to restricted stock awards was approximately $43,000 and $129,000 during the three and nine months ended June 30, 2021, respectively. During the three and nine months ended June 30, 2020, a total of 5,700 and 23,821 shares of restricted stock were awarded, respectively. During the nine months ended June 30, 2020, 1,610 shares of restricted stock were forfeited. Stock-based compensation expense for the cost of the restricted stock awards granted is based on the grant-date fair value. For stock option awards, the fair value is estimated at the date of grant using the Black-Scholes option-pricing model. This model requires the input of highly subjective assumptions, changes to which can materially affect the fair value estimate. Additionally, there may be other factors that would otherwise have a significant effect on the value of employee stock options granted but are not considered by the model. Accordingly, while management believes that the Black-Scholes option-pricing model provides a reasonable estimate of fair value, the model does not necessarily provide the best single measure of fair value for the Company’s employee stock options. Stock Options There were 7,000 stock options granted for the nine months ended June 30, 2021. The assumptions used in determining the fair value of stock option grants for the nine months ended June 30, 2021 are as follows: Weighted Average Fair Value of Awards $ 6.06 Risk Free Rate 1.25 % Dividend Yield -% Volatility 29.72 % Expected Life 6.5 years The assumptions used in determining the fair value of stock option grants for the nine months ended June 30, 2020 are as follows: Weighted Average Fair Value of Awards $ 4.72 Risk Free Rate 1.22 % Dividend Yield -% Volatility 19.86 % Expected Life 6.5 years The following is a summary of stock option activity for the nine months ended June 30, 2021: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Outstanding, beginning of year 25,830 $ 21.57 $ - Granted 7,000 $ 18.69 $ - Exercised - $ - $ - Forfeited/cancelled/expired - $ - $ - Outstanding, at June 30, 2021 32,830 $ 20.96 6.445 $ 4,860 Exercisable, at June 30, 2021 13,310 $ 21.53 8.461 $ 4,860 Nonvested, at June 30, 2021 19,520 $ 20.56 The following is a summary of stock option activity for the nine months ended June 30, 2020: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Outstanding, beginning of year 18,830 $ 22.05 $ 21,350 Granted 7,000 $ 20.28 $ - Exercised - $ - $ - Forfeited/cancelled/expired - $ - $ - Outstanding, at June 30, 2020 25,830 $ 21.57 8.071 $ - Exercisable, at June 30, 2020 8,140 $ 21.50 7.043 $ - Nonvested, at June 30, 2020 17,690 $ 21.60 As of June 30, 2021, there was approximately $104,000 of total unrecognized compensation cost related to unvested stock options under the 2014 Plan. The cost is expected to be recognized over a weighted average period of 3.48 years. Restricted Stock Awards The table below summarizes the activity for the Company’s restricted stock outstanding during the nine months ended June 30, 2021: Shares Weighted Average Fair Value Outstanding, beginning of year 30,653 $ 21.98 Granted 12,363 $ 18.69 Vested (11,851 ) $ 20.87 Forfeited/cancelled/expired - $ - Outstanding, at June 30, 2021 31,165 $ 21.09 The table below summarizes the activity for the Company’s restricted stock outstanding during the nine months ended June 30, 2020: Shares Weighted Average Fair Value Outstanding, beginning of year 18,493 $ 21.78 Granted 23,821 $ 19.62 Vested (10,051 ) $ 16.62 Forfeited/cancelled/expired (1,610 ) $ 21.43 Outstanding, at June 30, 2020 30,653 $ 21.98 As of June 30, 2021, there was approximately $573,000 of total unrecognized compensation cost related to unvested shares of restricted stock granted under the 2014 Plan. The cost is expected to be recognized over a weighted average period of 3.45 years.

Deposits

Deposits	9 Months Ended
	Jun. 30, 2021
Deposits [Abstract]
Deposits	Note 14 – Deposits Deposits classified by type with percentages to total deposits at June 30, 2021 and September 30, 2020 consisted of the following: June 30, September 30, 2021 2020 (Dollars in thousands) Balances by types of deposit: Savings $ 51,011 5.62 % $ 45,072 5.06 % Money market accounts 359,040 39.55 277,711 31.17 Interest-bearing demand 329,372 36.29 303,682 34.09 Non-interest-bearing demand 53,365 5.88 50,422 5.66 792,788 87.34 % 676,887 75.98 % Certificates of deposit 114,916 12.66 % 214,019 24.02 % Total Deposits $ 907,704 100.00 % $ 890,906 100.00 % The total amount of certificates of deposit greater than or equal to $250,000 at June 30, 2021 and September 30, 2020 was $16.5 million and $48.4 million, respectively. The Company had brokered deposits totaling $6.1 million and $31.1 million at June 30, 2021 and September 30, 2020, respectively. Interest expense on deposits consisted of the following: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) Savings accounts $ 13 $ 11 $ 47 $ 35 Money market accounts 586 902 2,053 3,122 Interest-bearing demand 431 661 1,457 2,920 Certificates of deposit 416 1,302 1,951 4,159 Total $ 1,446 $ 2,876 $ 5,508 $ 10,236 As of June 30, 2021, the scheduled maturities of certificates of deposits are as follows: Scheduled Maturities (In thousands) Period Ending June 30, 2021 $ 59,302 2022 21,923 2023 19,789 2024 6,730 2025 6,455 Thereafter 717 Total $ 114,916 As of June 30, 2021, the scheduled maturities of certificates of deposits in amounts greater than $100,000 are as follows: Scheduled Maturities (In thousands) Three months or less $ 7,969 Over three through six months 7,156 Over six through twelve months 17,581 Over twelve months 29,044 Total $ 61,750

Leases

Leases	9 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Leases	Note 15 – Leases The Company determines if an arrangement is a lease at inception. The Company adopted the guidance of ASC 842 Leases and recorded right of use (“ROU”) assets and related lease liabilities of $3.3 million at October 1, 2019. Operating leases are included in operating lease ROU assets and operating lease liabilities on our consolidated statements of financial condition. ROU assets and operating lease liabilities are recognized based on the present value of the future lease payments over the lease term at commencement date. As our leases do not provide an implicit rate, in order to determine the present value of future payments for office leases we used our incremental borrowing rate based on the FHLB liquidity and funding rates. The Company’s lease terms may include options to extend when it is reasonably certain that we will exercise an option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. The Company currently leases one financial center in Glen Mills, Pennsylvania; one private banking office located in Villanova, Pennsylvania; one private banking office located in Morristown, New Jersey; one private banking office located in Palm Beach, Florida; one representative office located in Wellington, Florida; and one representative office located in Allentown, Pennsylvania. The Company has elected not to recognize ROU assets and lease liabilities for two private banking office leases and two representative office leases whose terms are twelve months or less and are considered short-term leases. All of the financial center leases and two private banking office leases include options to extend for terms of five years. These options have not been recognized as part of our ROU assets and lease liabilities as the Company is not reasonably certain to exercise these options. The Company has also entered into three leases for office equipment for which ROU assets and lease liabilities have been recognized. All the aforementioned leases have been accounted for as operating leases. The components of lease expense were as follows: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) (In thousands) Operating lease cost $ 167 $ 175 $ 507 $ 523 Finance lease cost - - - - Short-term lease cost 24 26 71 79 Total $ 191 $ 201 $ 578 $ 602 Supplemental information at and for June 30, 2021 and the nine months ended June 30, 2021 related to leases was as follows: June 30, 2021 September 30, 2020 (Dollars in thousands) (Dollars in thousands) Supplemental balance sheet information Operating lease right-of-use assets $ 2,168 $ 2,638 Operating lease liabilities $ 2,204 $ 2,671 Weighted average remaining lease term 4.82 years 5.40 years Weighted average discount rate 2.00 % 1.99 % Nine Months Ended June 30, 2021 Nine Months Ended June 30, 2020 (In thousands) (In thousands) Supplemental cash flow information Operating cash flows from operating leases $ 492 $ 499 ROU assets obtained in exchange for lease obligations $ 3,279 $ 3,279 Maturities of lease liabilities were as follows: Operating Leases (In thousands) Period Ending September 30, Remainder of 2021 $ 139 2022 492 2023 474 2024 474 2025 477 Thereafter 269 Total lease payments $ 2,325 Less: imputed interest (121 ) Total $ 2,204

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jun. 30, 2021
Accounting Policies [Abstract]
Basis of Financial Statement Presentation	Basis of financial statement presentation. The unaudited condensed consolidated financial statements of the Company include the accounts of the Company and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited condensed consolidated financial statements present the Company’s financial condition at June 30, 2021 and September 30, 2020 and the results of operations for the three and nine months ended June 30, 2021 and 2020, and cash flows for the nine months ended June 30, 2021 and 2020. In management’s opinion, the unaudited condensed consolidated financial statements contain all adjustments, which include normal and recurring adjustments, necessary for a fair presentation of the financial position and results of operations as of the dates and for the interim periods presented. These unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and note disclosures included in the 2020 Annual Report filed with the Securities and Exchange Commission (“SEC”). The consolidated statements of operations for the three and nine months ended June 30, 2021 and the consolidated statements of cash flows for the nine months ended June 30, 2021 are not necessarily indicative of the results of operations or cash flows for the full year ending September 30, 2021 or any interim period.
Operating, Accounting and Reporting Considerations related to COVID-19	Operating, Accounting and Reporting Considerations related to COVID-19 The COVID-19 pandemic has and continues to negatively impact the global economy. In response to the crisis, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was passed by Congress and signed into law on March 27, 2020. The CARES Act, as expanded by the Economic Aid to Hard-Hit Small Business, Nonprofits and Venues Act, enacted December 27, 2020 and the American Rescue Plan Act, enacted March 11, 2021, provides more than $2.2 trillion to fight the COVID-19 pandemic and stimulate the economy by supporting individuals and businesses through loans, grants, tax changes, and other types of relief. Under Section 4013 of the CARES Act, as amended, and based upon regulatory guidance promulgated by federal banking regulators, qualifying short-term loan modifications resulting in payment deferrals that are attributable to the adverse impact of COVID-19 are not considered to be troubled debt restructurings (“TDRs”). Some of the provisions applicable to the Company include, but are not limited to: • Accounting for Loan Modifications – The CARES Act provides that a financial institution may elect to suspend (1) the requirements under GAAP for certain loan modifications that would otherwise be categorized as a TDR and (2) any determination that such loan modifications would be considered a TDR, including the related impairment for accounting purposes. The suspension is applicable for the term of the loan modification that occurs during the applicable period for a loan that was not more than 30 days past due as of December 31, 2019. The suspension is not applicable to any adverse impact on the credit of a borrower that is not related to the COVID-19 pandemic. • Paycheck Protection Program – The CARES Act established the Paycheck Protection Program (“PPP”), an expansion of the Small Business Administration’s 7(a) loan program and the Economic Injury Disaster Loan Program (“EIDL”), administered directly by the Small Business Administration (“SBA”). • Mortgage Forbearance – Under the CARES Act, certain mortgage customers experiencing financial hardship due to COVID-19 may request forbearance on a loan for up to 30 days, with up to two additional 30-day periods at the borrower’s request. In addition, the Company was permitted to temporarily suspend collection and foreclosure efforts on past due loans in accordance with CARES Act and related regulatory guidance. Also in response to the COVID-19 pandemic, the Board of Governors of the Federal Reserve System (“FRB”), the Federal Deposit Insurance Corporation (“FDIC”), the National Credit Union Administration (“NCUA”), the Office of the Comptroller of the Currency (“OCC”), and the Consumer Financial Protection Bureau (“CFPB”), in consultation with the state financial regulators (collectively, the “agencies”) issued a joint interagency statement (issued March 22, 2020; revised statement issued April 7, 2020). Some of the provisions applicable to the Company include, but are not limited to: • Accounting for Loan Modifications – Loan modifications that do not meet the conditions of the CARES Act may still qualify as a modification that does not need to be accounted for as a TDR. The agencies confirmed with the Financial Accounting Standards Board (“FASB”) staff that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who are current prior to any relief are not TDRs. This includes short-term (e.g., six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or insignificant delays in payments. Loan modifications were made in accordance with Section 4013 of the CARES Act and the Interagency Statement on Loan Modifications and Reporting for Financial Institutions working with customers affected by COVID-19 and therefore were not classified as TDRs. • Past Due Reporting – With regard to loans not otherwise reportable as past due, financial institutions are not expected to designate loans with deferrals granted due to COVID-19 as past due because of the deferral. A loan’s payment date is governed by the due date stipulated in the legal agreements. If a financial institution agrees to a payment deferral, these loans would not be considered past due during the period of the deferral. • Nonaccrual Status and Charge-offs – During short-term COVID-19 modifications, these loans generally should not be reported as nonaccrual or as classified.
Recent Accounting Pronouncements Yet to Be Adopted	Recent Accounting Pronouncements Yet to Be Adopted Reference Rate Reform. In March 2020, the FASB issued Accounting Standards Update (“ASU”) No. 2020-04, Reference Rate Reform (Topic 848) . The guidance allows for companies to: (1) account for certain contract modifications as a continuation of the existing contract without additional analysis; (2) continue hedge accounting when certain critical terms of a hedging relationship change and assess effectiveness in ways that disregard certain potential sources of ineffectiveness; and (3) make a one-time sale and/or transfer of certain debt securities from held-to-maturity to available-for-sale or trading. This ASU is available for adoption effective immediately, or as of January 1, 2020 or any date thereafter for the Company, and applies prospectively to contract modifications and hedging relationships. The one-time election to sell and/or transfer debt securities classified as held-to-maturity may be made at any time after March 12, 2020. The Company anticipates adopting this ASU and will continue to analyze the provisions of the ASU in connection with ongoing procedures to monitor the work of the Alternative Rates Committee of the FRB and Federal Reserve Bank of New York in identifying an alternative U.S. dollar reference interest rate. It is too early to predict a new rate index replacement, but we anticipate that it will be the Secured Overnight Financing Rate (“SOFR”). The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position, or cash flows of the Company. ASU 2021-01, “Reference Rate Reform (Topic 848): Scope.” ASU 2021-01 was issued to clarify certain optional expedients and exceptions in ASC 848 for contract modifications and hedge accounting applied to derivatives that are affected by the discounting transition. In addition, the ASU clarifies that a receive-variable-rate, pay-variable-rate cross-currency interest rate swap may be considered eligible as a hedging instrument in a net investment hedge if both legs of the swap do not have the same repricing intervals and dates as a result of the reference rate reform. ASU 2021-01 became effective January 7, 2021. Income Taxes. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740). This ASU identifies, evaluates, and improves areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The ASU is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. The adoption of this new requirement is not expected to have a material impact on the consolidated earnings, financial position, or cash flows of the Company. Credit Losses. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . This ASU requires an organization to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied currently will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. Additionally, this ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. In April 2019, the FASB issued ASU 2019-04, Codification Improvements , which provides guidance on accounting for credit losses on accrued interest receivable balances and guidance on including recoveries when estimating the allowance. In May 2019, the FASB issued ASU 2019-05, Targeted Transition Relief, which allows entities with an option to elect fair value for certain instruments upon adoption of Topic 326. This ASU will be effective for interim and annual periods beginning after December 15, 2019, with early adoption permitted . The Bank has a software system in place to assist with the calculation of Current Expected Credit Losses (“CECL”). In November 2019, the FASB issued ASU No. 2019-10, Financial Instruments-Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) making this ASU effective for interim and annual periods beginning after December 15, 2022. As such, the Company would be required to implement the ASU on October 1, 2023. In November 2019, the FASB issued ASU No. 2019-11, Codification Improvements to Topic 326, Financial Instruments-Credit Losses, which provides guidance on stakeholders’ specific issues about certain aspects of the amendments in ASU 2016-13. The Company formed a cross functional implementation team to review the requirements of ASU 2016-13 and contracted with a third-party provider to assist in the development and implementation of the revised credit loss methodology. The impact on the consolidated earnings, financial position, and cash flows of the Company upon adoption of this ASU are currently unknown.

Non-Interest Income (Tables)

Non-Interest Income (Tables)	9 Months Ended
	Jun. 30, 2021
Noninterest Income [Abstract]
Schedule of Company's Non-Interest Income	The Company has included the following table regarding the Company’s non-interest income for the periods presented: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) Rental income $ 55 $ 54 $ 163 $ 163 Net gains on sale and call of investments 165 1 779 181 Net gains on sale of loans 65 11 743 14 Earnings on bank-owned life insurance 164 128 489 380 Non-interest income within the scope of other GAAP topics $ 449 $ 194 $ 2,174 $ 738 ATM fees $ 3 $ 2 $ 9 $ 5 Credit card fee income 6 5 16 16 DDA fee income 22 9 64 65 DDA service fees 23 16 68 54 Debit card fees 76 53 205 180 Other loan fee income 147 53 467 559 Other fee income 65 55 175 173 Other non-interest income 2 2 6 6 Non-interest income from contracts with customers $ 344 $ 195 $ 1,010 $ 1,058 Total Non-interest Income $ 793 $ 389 $ 3,184 $ 1,796

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Jun. 30, 2021
Earnings Per Share [Abstract]
Schedule of composition of weighted average shares (denominator) used in earnings per share computations	The following table sets forth the composition of the weighted average shares (denominator) used in the earnings per share computations: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands, except share and per share data) Net Income $ 1,601 $ 1,454 $ 6,098 $ 4,147 Weighted average shares outstanding 7,622,316 7,629,722 7,614,074 7,717,778 Average unearned ESOP shares (76,945 ) (91,347 ) (80,558 ) (94,958 ) Basic weighted average shares outstanding 7,545,371 7,538,375 7,533,516 7,622,820 Plus: effect of potential dilutive common stock equivalents - stock options 829 - 552 - Diluted weighted average common shares outstanding 7,546,200 7,538,375 7,534,068 7,622,820 Earnings per common share: Basic $ 0.21 $ 0.19 $ 0.81 $ 0.54 Diluted $ 0.21 $ 0.19 $ 0.81 $ 0.54

Investment Securities (Tables)

Investment Securities (Tables)	9 Months Ended
	Jun. 30, 2021
Investments Debt And Equity Securities [Abstract]
Schedule of Investment securities	The following tables present information related to the Company’s investment securities at June 30, 2021 and September 30, 2020: June 30, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (In thousands) Investment Securities Available-for-Sale: U.S. government agencies $ 5,000 $ - $ (5 ) $ 4,995 State and municipal obligations 2,769 19 - 2,788 Single issuer trust preferred security 1,000 - (121 ) 879 Corporate debt securities 23,988 351 (3 ) 24,336 Mutual funds 1,504 - - 1,504 Total $ 34,261 $ 370 $ (129 ) $ 34,502 Investment Securities Held-to-Maturity: U.S. government agencies $ 12,500 $ 23 $ - $ 12,523 State and municipal obligations 6,091 121 - 6,212 Corporate debt securities 3,412 257 - 3,669 Mortgage-backed securities: Federal National Mortgage Association 2,492 - - 2,492 Collateralized mortgage obligations (“CMO”), fixed-rate 7,300 164 - 7,464 Total $ 31,795 $ 565 $ - $ 32,360 Total investment securities $ 66,056 $ 935 $ (129 ) $ 66,862 September 30, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (In thousands) Investment Securities Available-for-Sale: U.S. government agencies $ 5,025 $ 15 $ - $ 5,040 State and municipal obligations 3,101 4 - 3,105 Single issuer trust preferred security 1,000 - (75 ) 925 Corporate debt securities 21,009 182 (243 ) 20,948 Mutual fund 1,523 - - 1,523 Total $ 31,658 $ 201 $ (318 ) $ 31,541 Investment Securities Held-to-Maturity: State and municipal obligations $ 1,794 $ 129 $ - $ 1,923 Corporate debt securities 3,498 260 - 3,758 Mortgage-backed securities: CMO, fixed-rate 9,678 249 - 9,927 Total $ 14,970 $ 638 $ - $ 15,608 Total investment securities $ 46,628 $ 839 $ (318 ) $ 47,149
Schedule of aggregate investments in an unrealized loss position	The following tables indicate gross unrealized losses not recognized in income and fair value, aggregated by investment category, and the length of time individual securities have been in a continuous unrealized loss position at June 30, 2021 and September 30, 2020: June 30, 2021 Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) Investment Securities Available for Sale: U.S. government agencies $ 4,995 $ (5 ) $ - $ - $ 4,995 $ (5 ) Single issuer trust preferred security - - 879 (121 ) 879 (121 ) Corporate debt securities 2,000 - 1,498 (3 ) 3,498 (3 ) Total investment securities $ 6,995 $ (5 ) $ 2,377 $ (124 ) $ 9,372 $ (129 ) September 30, 2020 Less than 12 Months More than 12 Months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) Investment Securities Available for Sale: Single issuer trust preferred security $ - $ - $ 925 $ (75 ) $ 925 $ (75 ) Corporate debt securities 4,426 (74 ) 3,330 (169 ) 7,756 (243 ) Total investment securities $ 4,426 $ (74 ) $ 4,255 $ (244 ) $ 8,681 $ (318 )
Schedule of amortized cost and fair value of debt securities by contractual maturity	The following table presents information for investment securities at June 30, 2021, based on scheduled maturities. Actual maturities can be expected to differ from scheduled maturities due to prepayment or early call options of the issuer. June 30, 2021 Amortized Cost Fair Value (In thousands) Available-for-Sale: Within 1 year $ 500 $ 500 Over 1 year through five years 4,445 4,444 After 5 years through ten years 20,992 21,212 Over 10 years 8,324 8,346 Total $ 34,261 $ 34,502 Held-to-Maturity: Over 1 year through five years $ 4,511 $ 4,839 After 5 years through ten years 13,168 13,235 Over 10 years 4,324 4,330 Mortgage-backed securities: Federal National Mortgage Association 2,492 2,492 CMO, fixed-rate 7,300 7,464 Total $ 31,795 $ 32,360 Total investment securities $ 66,056 $ 66,862

Loans Receivable and Related _2

Loans Receivable and Related Allowance for Loan Losses (Tables)	9 Months Ended
	Jun. 30, 2021
Receivables [Abstract]
Schedule of loans receivable	Loans receivable in the Company’s portfolio consisted of the following at the dates indicated below: June 30, 2021 September 30, 2020 (In thousands) Residential mortgage $ 201,737 $ 242,090 Construction and Development: Residential and commercial 61,484 65,703 Land 2,253 3,110 Total Construction and Development 63,737 68,813 Commercial: Commercial real estate 478,032 495,398 Farmland 10,335 7,517 Multi-family 66,725 67,767 Commercial and industrial 97,955 116,584 Other 10,896 10,142 Total Commercial 663,943 697,408 Consumer: Home equity lines of credit 12,822 17,128 Second mortgages 7,039 10,711 Other 2,372 2,851 Total Consumer 22,233 30,690 Total loans 951,650 1,039,001 Deferred loan costs, net 685 326 Allowance for loan losses (11,600 ) (12,433 ) Total loans receivable, net $ 940,735 $ 1,026,894
Schedule of allowance for loan losses	The following tables summarize the primary classes of the allowance for loan losses (“ALLL”), segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment, as of June 30, 2021 and September 30, 2020. Activity in the ALLL is presented for the three and nine months ended June 30, 2021 and 2020 and the fiscal year ended September 30, 2020: Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Three Months Ended June 30, 2021 Beginning balance $ 1,428 $ 532 $ 24 $ 8,377 $ 35 $ 506 $ 557 $ 49 $ 119 $ 114 $ 25 $ 835 $ 12,601 Charge-offs - - - (645 ) - - (379 ) - - - - - (1,024 ) Recoveries - - - - - - 1 - 15 6 1 - 23 Provisions (111 ) (97 ) (9 ) 607 21 (3 ) 471 5 (41 ) (16 ) (4 ) (823 ) - Ending balance $ 1,317 $ 435 $ 15 $ 8,339 $ 56 $ 503 $ 650 $ 54 $ 93 $ 104 $ 22 $ 12 $ 11,600 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Three Months Ended June 30, 2020 Beginning balance $ 1,492 $ 354 $ 24 $ 7,282 $ 42 $ 444 $ 516 $ 35 $ 127 $ 212 $ 21 $ 7 $ 10,556 Charge-offs - - - - - - - - - - - - - Recoveries 1 - - 2 - - 1 - 1 71 - - 76 Provisions 203 51 2 (67 ) 5 203 75 8 9 (60 ) 1 5 435 Ending balance $ 1,696 $ 405 $ 26 $ 7,217 $ 47 $ 647 $ 592 $ 43 $ 137 $ 223 $ 22 $ 12 $ 11,067 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Nine Months Ended June 30, 2021 Beginning balance $ 1,667 $ 465 $ 23 $ 8,682 $ 47 $ 511 $ 578 $ 51 $ 130 $ 196 $ 29 $ 54 $ 12,433 Charge-offs - - - (1,128 ) - - (379 ) - - - (1 ) - (1,508 ) Recoveries 1 - - 1 - - 2 - 16 103 2 - 125 Provisions (351 ) (30 ) (8 ) 784 9 (8 ) 449 3 (53 ) (195 ) (8 ) (42 ) 550 Ending balance $ 1,317 $ 435 $ 15 $ 8,339 $ 56 $ 503 $ 650 $ 54 $ 93 $ 104 $ 22 $ 12 $ 11,600 Ending balance: individually evaluated for impairment $ - $ - $ - $ 1,287 $ - $ - $ - $ - $ - $ 37 $ - $ - $ 1,324 Ending balance: collectively evaluated for impairment $ 1,317 $ 435 $ 15 $ 7,052 $ 56 $ 503 $ 650 $ 54 $ 93 $ 67 $ 22 $ 12 $ 10,276 Loans receivable: Ending balance $ 201,737 $ 61,484 $ 2,253 $ 478,032 $ 10,335 $ 66,725 $ 97,955 $ 10,896 $ 12,822 $ 7,039 $ 2,372 $ 951,650 Ending balance: individually evaluated for impairment $ 3,561 $ - $ - $ 38,219 $ 2,265 $ - $ 3,124 $ - $ 24 $ 458 $ - $ 47,651 Ending balance: collectively evaluated for impairment $ 198,176 $ 61,484 $ 2,253 $ 439,813 $ 8,070 $ 66,725 $ 94,831 $ 10,896 $ 12,798 $ 6,581 $ 2,372 $ 903,999 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Nine Months Ended June 30, 2020 Beginning balance $ 1,364 $ 523 $ 20 $ 5,903 $ 49 $ 369 $ 615 $ 21 $ 122 $ 267 $ 23 $ 819 $ 10,095 Charge-offs - - - (2,288 ) - - - - (62 ) (3 ) - - (2,353 ) Recoveries 24 - - 4 - - 2 - 1 83 1 - 115 Provisions 308 (118 ) 6 3,598 (2 ) 278 (25 ) 22 76 (124 ) (2 ) (807 ) 3,210 Ending balance $ 1,696 $ 405 $ 26 $ 7,217 $ 47 $ 647 $ 592 $ 43 $ 137 $ 223 $ 22 $ 12 $ 11,067 Ending balance: individually evaluated for impairment $ 2 $ - $ - $ 109 $ - $ - $ - $ - $ - $ 99 $ 1 $ - $ 211 Ending balance: collectively evaluated for impairment $ 1,694 $ 405 $ 26 $ 7,108 $ 47 $ 647 $ 592 $ 43 $ 137 $ 124 $ 21 $ 12 $ 10,856 Loans receivable: Ending balance $ 246,215 $ 56,999 $ 3,535 $ 506,180 $ 7,531 $ 66,416 $ 115,899 $ 8,397 $ 18,097 $ 11,704 $ 2,074 $ 1,043,047 Ending balance: individually evaluated for impairment $ 3,435 $ - $ - $ 18,187 $ - $ - $ - $ - $ 28 $ 861 $ 1 $ 22,512 Ending balance: collectively evaluated for impairment $ 242,780 $ 56,999 $ 3,535 $ 487,993 $ 7,531 $ 66,416 $ 115,899 $ 8,397 $ 18,069 $ 10,843 $ 2,073 $ 1,020,535 Construction and Development Commercial Consumer Residential Mortgage Residential and Commercial Land Commercial Real Estate Farmland Multi- Family Commercial and Industrial Other Home Equity Lines of Credit Second Mortgages Other Unallocated Total Allowance for loan losses: (In thousands) Year Ended September 30, 2020 Beginning balance $ 1,364 $ 523 $ 20 $ 5,903 $ 49 $ 369 $ 615 $ 21 $ 122 $ 267 $ 23 $ 819 $ 10,095 Charge-offs - - - (8,330 ) - - - - (62 ) (3 ) (1 ) - (8,396 ) Recoveries 25 - - 6 - - 2 - 1 88 2 - 124 Provisions 278 (58 ) 3 11,103 (2 ) 142 (39 ) 30 69 (156 ) 5 (765 ) 10,610 Ending balance $ 1,667 $ 465 $ 23 $ 8,682 $ 47 $ 511 $ 578 $ 51 $ 130 $ 196 $ 29 $ 54 $ 12,433 Ending balance: individually evaluated for impairment $ - $ - $ - $ 227 $ - $ - $ - $ - $ - $ 81 $ - $ - $ 308 Ending balance: collectively evaluated for impairment $ 1,667 $ 465 $ 23 $ 8,455 $ 47 $ 511 $ 578 $ 51 $ 130 $ 115 $ 29 $ 54 $ 12,125 Loans receivable: Ending balance $ 242,090 $ 65,703 $ 3,110 $ 495,398 $ 7,517 $ 67,767 $ 116,584 $ 10,142 $ 17,128 $ 10,711 $ 2,851 $ 1,039,001 Ending balance: individually evaluated for impairment $ 3,388 $ - $ - $ 25,926 $ - $ - $ - $ - $ 26 $ 882 $ - $ 30,222 Ending balance: collectively evaluated for impairment $ 238,702 $ 65,703 $ 3,110 $ 469,472 $ 7,517 $ 67,767 $ 116,584 $ 10,142 $ 17,102 $ 9,829 $ 2,851 $ 1,008,779
Schedule of impaired loans	The increase in impaired loans with no specific allowance from $29.4 million at September 30, 2020 to $40.8 million at June 30, 2021 is primarily due to the additions of one commercial real estate loan of approximately $12.4 million, two commercial and industrial loans of approximately $3.1 million, one commercial farmland loan of approximately $2.3 million, offset by the removal of one commercial real estate loan of approximately $6.5 million. Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance (In thousands) June 30, 2021 Residential mortgage $ - $ - $ 3,561 $ 3,561 $ 3,753 Commercial: Commercial real estate 6,764 1,287 31,455 38,219 51,560 Farmland - - 2,265 2,265 2,265 Commercial and industrial - - 3,124 3,124 3,503 Consumer: Home equity lines of credit - - 24 24 28 Second mortgages 104 37 354 458 502 Total impaired loans $ 6,868 $ 1,324 $ 40,783 $ 47,651 $ 61,611 September 30, 2020 Residential mortgage $ - $ - $ 3,388 $ 3,388 $ 3,598 Commercial: Commercial real estate 676 227 25,250 25,926 36,945 Consumer: Home equity lines of credit - - 26 26 30 Second mortgages 101 81 781 882 949 Total impaired loans $ 777 $ 308 $ 29,445 $ 30,222 $ 41,522
Schedule of average recorded investment in impaired loans and related interest income recognized	The following table presents the average recorded investment in impaired loans in the loan portfolio and related interest income recognized for the three and nine months ended June 30, 2021 and 2020: Three Months Ended June 30, 2021 Nine Months Ended June 30, 2021 Average Impaired Loans Interest Income Recognized on Impaired Loans Average Impaired Loans Interest Income Recognized on Impaired Loans (In thousands) Residential mortgage $ 3,280 $ 22 $ 3,383 $ 56 Commercial: Commercial real estate 38,243 153 32,701 403 Farmland 2,265 31 1,766 50 Commercial and industrial 1,398 5 709 12 Consumer: Home equity lines of credit 24 - 51 - Second mortgages 776 2 711 5 Total $ 45,986 $ 213 $ 39,321 $ 526 Three Months Ended June 30, 2020 Nine Months Ended June 30, 2020 Average Impaired Loans Interest Income Recognized on Impaired Loans Average Impaired Loans Interest Income Recognized on Impaired Loans (In thousands) Residential mortgage $ 3,448 $ 24 $ 3,487 $ 71 Commercial: Commercial real estate 18,190 109 12,822 129 Consumer: Home equity lines of credit 28 - 29 - Second mortgages 844 2 856 14 Total $ 22,510 $ 135 $ 17,194 $ 214
Schedule of classes of loan portfolio	The following table presents the classes of the loan portfolio categorized as pass, special mention, substandard and doubtful within the Company’s internal risk rating system as of June 30, 2021 and September 30, 2020: Pass Special Mention Substandard Doubtful Total (In thousands) June 30, 2021: Residential mortgage $ 198,548 $ - $ 3,189 $ - $ 201,737 Construction and Development: Residential and commercial 61,484 - - - 61,484 Land 2,253 - - - 2,253 Commercial: Commercial real estate 391,046 48,754 38,232 - 478,032 Farmland 8,070 - 2,265 - 10,335 Multi-family 57,395 9,330 - - 66,725 Commercial and industrial 89,473 - 8,482 - 97,955 Other 10,896 - - - 10,896 Consumer: Home equity lines of credit 12,718 - 104 - 12,822 Second mortgages 5,939 70 1,030 - 7,039 Other 2,372 - - - 2,372 Total $ 840,194 $ 58,154 $ 53,302 $ - $ 951,650 Pass Special Mention Substandard Doubtful Total (In thousands) September 30, 2020: Residential mortgage $ 238,610 $ - $ 3,480 $ - $ 242,090 Construction and Development: Residential and commercial 65,703 - - - 65,703 Land 3,110 - - - 3,110 Commercial: Commercial real estate 422,143 46,892 26,363 - 495,398 Farmland 7,517 - - - 7,517 Multi-family 58,285 9,482 - - 67,767 Commercial and industrial 110,099 6,368 117 - 116,584 Other 10,142 - - - 10,142 Consumer: Home equity lines of credit 16,969 - 159 - 17,128 Second mortgages 9,573 76 1,062 - 10,711 Other 2,851 - - - 2,851 Total $ 945,002 $ 62,818 $ 31,181 $ - $ 1,039,001
Schedule of loans that are no longer accruing interest by portfolio class	The following table presents loans that are no longer accruing interest as of June 30, 2021 and September 30, 2020, by portfolio class: June 30, 2021 September 30, 2020 (In thousands) Non-accrual loans: Residential mortgage $ 1,063 $ 2,036 Commercial: Commercial real estate 19,572 14,414 Commercial and industrial 2,575 - Consumer: Home equity lines of credit 24 26 Second mortgages 313 254 Total non-accrual loans $ 23,547 $ 16,730
Schedule of classes of loan portfolio summarized by aging categories	The following table presents the classes of the loan portfolio categorized by the following aging categories as of June 30, 2021 and September 30, 2020: Current 30-59 Days Past Due 60-89 Days Past Due 90 Days and More Past Due Total Past Due Total Loans Receivable Loans Receivable > 90 Days and Accruing (In thousands) June 30, 2021: Residential mortgage $ 200,791 $ 42 $ 186 $ 718 $ 946 $ 201,737 $ - Construction and Development: Residential and commercial 61,484 - - - - 61,484 - Land 2,253 - - - - 2,253 - Commercial: Commercial real estate 470,554 - - 7,478 7,478 478,032 212 Farmland 10,335 - - - - 10,335 - Multi-family 66,725 - - - - 66,725 - Commercial and industrial 95,380 - - 2,575 2,575 97,955 - Other 10,896 - - - - 10,896 - Consumer: Home equity lines of credit 12,822 - - - - 12,822 - Second mortgages 6,883 - - 156 156 7,039 - Other 2,369 3 - - 3 2,372 - Total $ 940,492 $ 45 $ 186 $ 10,927 $ 11,158 $ 951,650 $ 212 Current 30-59 Days Past Due 60-89 Days Past Due Greater than 90 Days Past Due Total Past Due Total Loans Receivable Loans Receivable > 90 Days and Accruing (In thousands) September 30, 2020: Residential mortgage $ 239,623 $ 68 $ 694 $ 1,705 $ 2,467 $ 242,090 $ - Construction and Development: Residential and commercial 65,703 - - - - 65,703 - Land 3,110 - - - - 3,110 - Commercial: Commercial real estate 495,087 - - 311 311 495,398 - Farmland 7,517 - - - - 7,517 - Multi-family 67,767 - - - - 67,767 - Commercial and industrial 116,584 - - - - 116,584 - Other 10,142 - - - - 10,142 - Consumer: Home equity lines of credit 17,080 - - 48 48 17,128 48 Second mortgages 10,325 157 33 196 386 10,711 10 Other 2,850 - 1 - 1 2,851 - Total $ 1,035,788 $ 225 $ 728 $ 2,260 $ 3,213 $ 1,039,001 $ 58
Schedule of TDR loans	For any residential real estate property collateralizing a consumer mortgage loan, the Company is considered to possess the related collateral only if legal title is obtained upon completion of foreclosure, or the borrower conveys all interest in the residential real estate property to the Company through completion of a deed in lieu of foreclosure or similar legal agreement. Excluding OREO, the Company had $398,000 and $175,000 of residential real estate properties in the process of foreclosure at June 30, 2021 and September 30, 2020, respectively. Although the Company temporarily suspended collection and foreclosure efforts on past due loans in accordance with the CARES Act and related regulatory guidance, the Company has resumed, and will continue to resume, collection and foreclosure actions as courts and counties re-open processes for such actions. The following table presents total TDRs as of June 30, 2021 and September 30, 2020: Total Troubled Debt Restructurings Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months Number of Loans Recorded Investment Number of Loans Recorded Investment (Dollars in thousands) June 30, 2021: Residential mortgage 17 $ 3,321 5 $ 823 Commercial: Commercial real estate 5 17,895 - - Farmland 1 2,265 - - Commercial and industrial 1 549 - - Consumer: Second mortgages 4 145 - - Total 28 $ 24,175 5 $ 823 September 30, 2020: Residential mortgage 17 $ 3,435 7 $ 1,617 Commercial: Commercial real estate 5 18,091 1 6,652 Consumer: Second mortgages 4 161 - - Total 26 $ 21,687 8 $ 8,269
Schedule of performing status of TDR loans	The following table reports the performing status of all TDR loans. The performing status is determined by a loan’s compliance with the modified terms: June 30, 2021 September 30, 2020 Performing Non-Performing Performing Non-Performing (In thousands) Residential mortgage $ 2,498 $ 823 $ 1,818 $ 1,617 Commercial: Commercial real estate 17,895 - 11,439 6,652 Farmland 2,265 - - - Commercial and industrial 549 - - - Consumer: Second mortgages 145 - 161 - Total $ 23,352 $ 823 $ 13,418 $ 8,269
Schedule of new TDR's	There were no new TDRs for the three months ended June 30, 2021. The following tables show the new TDRs for the three and nine months ended June 30, 2021 and 2020: For the Three Months Ended June 30, 2021 2020 Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment (In thousands) Troubled Debt Restructurings: Commercial: Commercial real estate - $ - $ - 1 $ 10,635 $ 10,635 Total troubled debt restructurings - $ - $ - 1 $ 10,635 $ 10,635 For the Nine Months Ended June 30, 2021 2020 Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment Number of Contracts Pre- Modifications Outstanding Recorded Investment Post- Modification Outstanding Recorded Investment (Dollars in thousands) Troubled Debt Restructurings: Residential mortgage - $ - $ - 1 $ 207 $ 207 Commercial: Commercial real estate - $ - $ - 2 $ 10,930 $ 10,926 Farmland 1 $ 2,287 $ 2,287 - $ - $ - Commercial and industrial 1 $ 549 $ 549 - $ - $ - Total troubled debt restructurings 2 $ 2,836 $ 2,836 3 $ 11,137 $ 11,133
Schedule of composition of loans by loan segment	The following tables set forth the composition of these loans by loan segments as of June 30, 2021 and September 30, 2020: June 30, 2021 Number of Loans Loan Deferment Exposure Gross Loans June 30, 2021 Percentage of Gross Loans on Deferral (Dollars in thousands) Residential mortgage 2 $ 669 $ 201,737 0.07 % Construction and Development: Residential and commercial - - 61,484 0.00 % Land loans - - 2,253 0.00 % Total Construction and Development - - 63,737 0.00 % Commercial: Commercial real estate 6 60,612 478,032 6.37 % Farmland - - 10,335 0.00 % Multi-family - - 66,725 0.00 % Commercial and industrial - - 97,955 0.00 % Other - - 10,896 0.00 % Total Commercial 6 60,612 663,943 6.37 % Consumer: Home equity lines of credit - - 12,822 0.00 % Second mortgages - - 7,039 0.00 % Other - - 2,372 0.00 % Total Consumer - - 22,233 0.00 % Total loans 8 $ 61,281 $ 951,650 6.44 % September 30, 2020 Number of Loans Loan Deferment Exposure Gross Loans September 30, 2020 Percentage of Gross Loans on Deferral (Dollars in thousands) Residential mortgage 5 $ 1,288 $ 242,090 0.12 % Construction and Development: Residential and commercial - - 65,703 0.00 % Land loans - - 3,110 0.00 % Total Construction and Development - - 68,813 0.00 % Commercial: Commercial real estate 21 131,348 495,398 12.64 % Farmland 1 2,288 7,517 0.22 % Multi-family 2 3,718 67,767 0.36 % Commercial and industrial 10 5,547 116,584 0.53 % Other - - 10,142 0.00 % Total Commercial 34 142,901 697,408 13.75 % Consumer: Home equity lines of credit 3 579 17,128 0.06 % Second mortgages 1 17 10,711 0.00 % Other - - 2,851 0.00 % Total Consumer 4 596 30,690 0.06 % Total loans 43 $ 144,785 $ 1,039,001 13.94 %

Regulatory Matters (Tables)

Regulatory Matters (Tables)	9 Months Ended
	Jun. 30, 2021
Regulatory Matters Disclosure [Abstract]
Schedule of actual capital amounts and ratios	The following table summarizes the Company’s compliance with applicable regulatory capital requirements as of June 30, 2021 and September 30, 2020: Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of June 30, 2021 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 148,186 12.27 % $ 48,321 4.00 % N/A N/A Common Equity Tier 1 Capital (to risk weighted assets) 148,186 15.07 % 44,259 4.50 % N/A N/A Tier 1 Capital (to risk weighted assets) 148,186 15.07 % 59,012 6.00 % N/A N/A Total Risk Based Capital (to risk weighted assets) 185,375 18.85 % 78,682 8.00 % N/A N/A As of September 30, 2020 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 141,681 11.63 % $ 48,473 4.00 % N/A N/A Common Equity Tier 1 Capital (to risk weighted assets) 141,681 14.00 % 45,528 4.50 % N/A N/A Tier 1 Capital (to risk weighted assets) 141,681 14.00 % 60,704 6.00 % N/A N/A Total Risk Based Capital (to risk weighted assets) 178,972 17.69 % 80,939 8.00 % N/A N/A The following table summarizes the Bank’s compliance with applicable regulatory capital requirements as of June 30, 2021 and September 30, 2020: Actual For Capital Adequacy Purposes To be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of June 30, 2021 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 163,187 13.53 % $ 48,251 4.00 % $ 60,314 5.00 % Common Equity Tier 1 Capital (to risk weighted assets) 163,187 16.61 % 44,214 4.50 % 63,865 6.50 % Tier 1 Capital (to risk weighted assets) 163,187 16.61 % 58,953 6.00 % 78,604 8.00 % Total Risk Based Capital (to risk weighted assets) 174,869 17.80 % 78,604 8.00 % 98,254 10.00 % As of September 30, 2020 Tier 1 Leverage (Core) Capital (to adjusted assets) $ 155,575 12.78 % $ 48,685 4.00 % $ 60,856 5.00 % Common Equity Tier 1 Capital (to risk weighted assets) 155,575 15.40 % 45,459 4.50 % 65,663 6.50 % Tier 1 Capital (to risk weighted assets) 155,575 15.40 % 60,612 6.00 % 80,816 8.00 % Total Risk Based Capital (to risk weighted assets) 168,090 16.64 % 80,816 8.00 % 101,020 10.00 %

Derivatives and Hedging Activ_2

Derivatives and Hedging Activities (Tables)	9 Months Ended
	Jun. 30, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Schedule of effects of derivative instruments on the Consolidated Financial Statements	The tables below present the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Statements of Financial Condition as of June 30, 2021 and September 30, 2020: ` June 30, 2021 Asset derivatives Liability derivatives Notional Amount Fair Value Statement of Financial Condition Location Notional Amount Fair Value Statement of Financial Condition Location (In thousands) Derivatives designated as a hedging instrument: Interest rate swap agreement $ - $ - Other assets $ 70,000 $ 257 Other liabilities Derivatives not designated as a hedging instrument: Interest rate swap agreement $ 44,853 $ 5,148 Other assets $ 44,853 $ 5,151 Other liabilities September 30, 2020 Asset derivatives Liability derivatives Notional Amount Fair Value Statement of Financial Condition Location Notional Amount Fair Value Statement of Financial Condition Location (In thousands) Derivatives designated as a hedging instrument: Interest rate swap agreement $ - $ - Other assets $ 90,000 $ 1,291 Other liabilities Derivatives not designated as a hedging instrument: Interest rate swap agreement $ 45,162 $ 8,752 Other assets $ 45,162 $ 8,756 Other liabilities
Schedule of offsetting of derivative assets and liabilities	The tables below present the derivative assets and liabilities offsetting as of June 30, 2021 and September 30, 2020: Offsetting of Derivative Assets (In thousands) as of June 30, 2021 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Assets Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Assets presented in the Statement of Financial Condition Financial Instruments Cash Collateral Received Net Amount Derivatives $ 5,148 $ - $ 5,148 $ - $ - $ 5,148 Offsetting of Derivative Liabilities (In thousands) as of June 30, 2021 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Liabilities presented in the Statement of Financial Condition Financial Instruments Cash Collateral Posted Net Amount Derivatives $ 5,408 $ - $ 5,408 $ 436 $ 7,857 $ (2,885 ) Offsetting of Derivative Assets (In thousands) as of September 30, 2020 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Assets Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Assets presented in the Statement of Financial Condition Financial Instruments Cash Collateral Received Net Amount Derivatives $ 8,752 $ - $ 8,752 $ - $ - $ 8,752 Offsetting of Derivative Liabilities (In thousands) as of September 30, 2020 Gross Amounts Not Offset in the Statements of Financial Condition Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Statement of Financial Condition Net Amounts of Liabilities presented in the Statement of Financial Condition Financial Instruments Cash Collateral Posted Net Amount Derivatives $ 10,047 $ - $ 10,047 $ 1,498 $ 12,857 $ (4,308 )
Schedule of net gains (losses) recorded in accumulated other comprehensive income (loss) and the Consolidated Statements of Operations	The tables below present the net gains (losses) recorded in accumulated other comprehensive income (loss) and the Consolidated Statements of Operations relating to the cash flow derivative instruments for the three and nine months ended June 30, 2021 and 2020: Three Months Ended June 30, 2021 Amount of Loss Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ (40 ) $ (231 ) Total derivatives (40 ) (231 ) Nine Months Ended June 30, 2021 Amount of Gain Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ 274 $ (754 ) Total derivatives 274 (754 ) Three Months Ended June 30, 2020 Amount of Loss Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ (433 ) $ (122 ) Total derivatives (433 ) (122 ) Nine Months Ended June 30, 2020 Amount of Loss Recognized in OCI on Derivative Amount of Loss Reclassified from OCI to Interest Expense (In thousands) Interest rate swap agreements $ (1,086 ) $ (183 ) Total derivatives (1,086 ) (183 )
Schedule of effects of derivative instruments on Consolidated Statements of Operations	The tables below present the effect of the Company’s derivative financial instruments on the Consolidated Statements of Operations for the three and nine months ended June 30, 2021 and 2020: Three Months Ended June 30, 2021 Consolidated Statements of Operations Amount of Loss Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ (1 ) Total $ (1 ) Nine Months Ended June 30, 2021 Consolidated Statements of Operations Amount of Gain Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ 2 Total $ 2 Three Months Ended June 30, 2020 Consolidated Statements of Operations Amount of Loss Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ - Total $ - Nine Months Ended June 30, 2020 Consolidated Statements of Operations Amount of Loss Recognized in Income on derivatives (In thousands) Derivatives not designated as a hedging instrument: Interest rate swap agreement Other income $ (6 ) Total $ (6 )

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of balances of assets measured at fair value on a recurring basis	The tables below present the balances of assets measured at fair value on a recurring basis as of June 30, 2021 and September 30, 2020: June 30, 2021 Total Level 1 Level 2 Level 3 (In thousands) Assets: Investment securities available for sale: Debt securities: U.S. government agencies $ 4,995 $ - $ 4,995 $ - State and municipal obligations 2,788 - 2,788 - Single issuer trust preferred security 879 - 879 - Corporate debt securities 24,336 - 24,336 - Mutual funds 1,504 1,004 - 500 Total investment securities available for sale $ 34,502 $ 1,004 $ 32,998 $ 500 Derivative instruments $ 5,148 $ - $ 5,148 $ - Liabilities: Derivative instruments $ 5,408 $ - $ 5,408 $ - September 30, 2020 Total Level 1 Level 2 Level 3 (In thousands) Assets: Investment securities available for sale: Debt securities: U.S. government agencies $ 5,040 $ - $ 5,040 $ - State and municipal obligations 3,105 - 3,105 - Single issuer trust preferred security 925 - 925 - Corporate debt securities 20,948 - 20,948 - Mutual fund 1,523 1,023 - 500 Total investment securities available for sale $ 31,541 $ 1,023 $ 30,018 $ 500 Derivative instruments $ 8,752 $ - $ 8,752 $ - Liabilities: Derivative instruments $ 10,047 $ - $ 10,047 $ -
Schedule of securities available-for-sale measured at fair value on a recurring basis using significant unobservable inputs	The following tables present additional information about the securities available-for-sale measured at fair value on a recurring basis and for which the Company utilized significant unobservable inputs (Level 3 inputs) to determine fair value for the nine months ended June 30, 2021 and June 30, 2020 Fair value measurements using significant unobservable inputs (Level 3) (In thousands) Balance, October 1, 2020 $ 500 Payments received - Total gains or losses (realized/unrealized) Included in earnings - Included in other comprehensive income - Purchases - Transfers in and/or out of Level 3 - Balance, June 30, 2021 $ 500 Fair value measurements using significant unobservable inputs (Level 3) (In thousands) Balance, October 1, 2019 $ 250 Payments received - Total gains or losses (realized/unrealized) Included in earnings - Included in other comprehensive income - Purchases 250 Transfers in and/or out of Level 3 - Balance, June 30, 2020 $ 500
Schedule of assets measured at fair value on a non recurring basis	For assets measured at fair value on a nonrecurring basis that were still held at the end of the period, the following tables provide the level of valuation assumptions used to determine each adjustment and the carrying value of the related individual assets or portfolios at June 30, 2021 and September 30, 2020: June 30, 2021 Total Level 1 Level 2 Level 3 (In thousands) Other real estate owned $ 4,961 $ - $ - $ 4,961 Impaired loans (1) 27,691 - - 27,691 Total $ 32,652 $ - $ - $ 32,652 June 30, 2021 Fair Value at June 30, 2021 Valuation Technique Unobservable Input Range/(Weighted Average) (Dollars in thousands) Other real estate owned $ 4,961 Appraisal of Collateral(2) Collateral discount(3) 4%/(4%) Impaired loans (1) 27,691 Appraisal of Collateral(2) Collateral discount(3) 0% - 15.2%/(10.8%) Total $ 32,652 (1) Consisted of four loans with an aggregate balance of $6.9 million and with $1.3 million in specific loan loss allowance and three loans with an aggregate balance of $22.1 million that were partially charged-off. (2) Fair value is generally determined through independent appraisals of the underlying collateral primarily using comparable sales. (3) Appraisals may be adjusted by management for qualitative factors such as time, changes in economic conditions and estimated liquidation expense. September 30, 2020 Total Level 1 Level 2 Level 3 (In thousands) Other real estate owned $ 5,796 $ - $ - $ 5,796 Impaired loans (1) 7,920 - - 7,920 Total $ 13,716 $ - $ - $ 13,716 September 30, 2020 Fair Value at September 30, 2020 Valuation Technique Unobservable Input Range/(Weighted Average) (Dollars in thousands) Other real estate owned $ 5,796 Appraisal of Collateral(2) Collateral discount(3) 0%/(0%) Impaired loans (1) 7,920 Appraisal of Collateral(2) Collateral discount(3) (2.0%) - 20.0%/(1.4%) Total $ 13,716 (1) Consisted of seven loans with an aggregate balance of $8.2 million and with $308,000 in specific loan loss allowance. (2) Fair value is generally determined through independent appraisals of the underlying collateral primarily using comparable sales. (3) Appraisals may be adjusted by management for qualitative factors such as time, changes in economic conditions and estimated liquidation expense.
Schedule of carrying amount and estimated fair value of the Company's financial instruments	The carrying amount and estimated fair value of the Company’s financial instruments as of June 30, 2021 and September 30, 2020 are presented below: June 30, 2021 Carrying Amount Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 104,954 $ 104,954 $ 104,954 $ - $ - Investment securities available-for-sale 34,502 34,502 1,004 32,998 500 Investment securities held-to-maturity 31,795 32,360 - 32,360 - Loans receivable, net (including impaired loans) 940,735 939,454 - - 939,454 Accrued interest receivable 3,370 3,370 - 3,370 - Restricted stock 7,896 7,896 - 7,896 - Mortgage servicing rights (included in Other Assets) 83 83 - 83 - Derivatives (included in Other Assets) 5,148 5,148 - 5,148 - Financial liabilities: Savings accounts 51,011 51,011 - 51,011 - Checking and NOW accounts 382,737 382,737 - 382,737 - Money market accounts 359,040 359,040 - 359,040 - Certificates of deposit 114,916 116,767 - 116,767 - Borrowings (excluding sub debt) 90,000 90,260 - 90,260 - Subordinated debt 24,895 25,027 - 25,027 - Derivatives (included in Other Liabilities) 5,408 5,408 - 5,408 - Accrued interest payable 946 946 - 946 - September 30, 2020 Carrying Amount Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets: Cash and cash equivalents $ 61,439 $ 61,439 $ 61,439 $ - $ - Investment securities available-for-sale 31,541 31,541 1,023 30,018 500 Investment securities held-to-maturity 14,970 15,608 - 15,608 - Loans receivable, net (including impaired loans) 1,031,392 1,039,981 - - 1,039,981 Accrued interest receivable 3,677 3,677 - 3,677 - Restricted stock 9,622 9,622 - 9,622 - Mortgage servicing rights (included in Other Assets) 111 111 - 111 - Derivatives (included in Other Assets) 8,752 8,752 - 8,752 - Financial liabilities: Savings accounts 45,072 45,072 - 45,072 - Checking and NOW accounts 354,104 354,104 - 354,104 - Money market accounts 277,711 277,711 - 277,711 - Certificates of deposit 214,019 217,212 - 217,212 - Borrowings (excluding sub debt) 134,225 135,101 - 135,101 - Subordinated debt 24,776 25,030 - 25,030 - Derivatives (included in Other Liabilities) 10,047 10,047 - 10,047 - Accrued interest payable 728 728 - 728 -

Comprehensive Income (Tables)

Comprehensive Income (Tables)	9 Months Ended
	Jun. 30, 2021
Equity [Abstract]
Schedule of components of accumulated other comprehensive income (loss)	The components of accumulated other comprehensive income (loss) included in shareholders’ equity are as follows: June 30, 2021 September 30, 2020 (In thousands) Net unrealized holding gains (losses) on available-for-sale securities $ 241 $ (118 ) Tax effect (51 ) 25 Net of tax amount 190 (93 ) Fair value adjustments on derivatives (233 ) (1,260 ) Tax effect 49 265 Net of tax amount (184 ) (995 ) Total accumulated other comprehensive income (loss) $ 6 $ (1,088 )
Schedule of other comprehensive income (loss) and related tax effects	Other comprehensive income (loss) and related tax effects are presented in the following table: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) Net unrealized holding gains (losses) on available-for-sale securities $ 671 $ (302 ) $ 1,135 $ (169 ) Net realized gain on securities available-for-sale (165 ) (1 ) (779 ) (181 ) Amortization of unrealized holding losses on securities transferred from available-for-sale to held-to-maturity 1 1 3 3 Adjustment for loss recorded on replacement of derivative (3 ) 23 (7 ) 23 Fair value adjustments on derivatives 194 (336 ) 1,034 (927 ) Other comprehensive income (loss) before taxes 698 (615 ) 1,386 (1,251 ) Tax effect (148 ) 128 (292 ) 262 Total other comprehensive income (loss) $ 550 $ (487 ) $ 1,094 $ (989 )

Equity Based Incentive Compen_2

Equity Based Incentive Compensation Plan (Tables)	9 Months Ended
	Jun. 30, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule of assumptions used in determining fair value of stock option	There were 7,000 stock options granted for the nine months ended June 30, 2021. The assumptions used in determining the fair value of stock option grants for the nine months ended June 30, 2021 are as follows: Weighted Average Fair Value of Awards $ 6.06 Risk Free Rate 1.25 % Dividend Yield -% Volatility 29.72 % Expected Life 6.5 years The assumptions used in determining the fair value of stock option grants for the nine months ended June 30, 2020 are as follows: Weighted Average Fair Value of Awards $ 4.72 Risk Free Rate 1.22 % Dividend Yield -% Volatility 19.86 % Expected Life 6.5 years
Schedule of stock option activity	The following is a summary of stock option activity for the nine months ended June 30, 2021: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Outstanding, beginning of year 25,830 $ 21.57 $ - Granted 7,000 $ 18.69 $ - Exercised - $ - $ - Forfeited/cancelled/expired - $ - $ - Outstanding, at June 30, 2021 32,830 $ 20.96 6.445 $ 4,860 Exercisable, at June 30, 2021 13,310 $ 21.53 8.461 $ 4,860 Nonvested, at June 30, 2021 19,520 $ 20.56 The following is a summary of stock option activity for the nine months ended June 30, 2020: Shares Weighted Average Exercise Price Weighted Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Outstanding, beginning of year 18,830 $ 22.05 $ 21,350 Granted 7,000 $ 20.28 $ - Exercised - $ - $ - Forfeited/cancelled/expired - $ - $ - Outstanding, at June 30, 2020 25,830 $ 21.57 8.071 $ - Exercisable, at June 30, 2020 8,140 $ 21.50 7.043 $ - Nonvested, at June 30, 2020 17,690 $ 21.60
Schedule of restricted stock outstanding	The table below summarizes the activity for the Company’s restricted stock outstanding during the nine months ended June 30, 2021: Shares Weighted Average Fair Value Outstanding, beginning of year 30,653 $ 21.98 Granted 12,363 $ 18.69 Vested (11,851 ) $ 20.87 Forfeited/cancelled/expired - $ - Outstanding, at June 30, 2021 31,165 $ 21.09 The table below summarizes the activity for the Company’s restricted stock outstanding during the nine months ended June 30, 2020: Shares Weighted Average Fair Value Outstanding, beginning of year 18,493 $ 21.78 Granted 23,821 $ 19.62 Vested (10,051 ) $ 16.62 Forfeited/cancelled/expired (1,610 ) $ 21.43 Outstanding, at June 30, 2020 30,653 $ 21.98

Deposits (Tables)

Deposits (Tables)	9 Months Ended
	Jun. 30, 2021
Deposits [Abstract]
Schedule of deposits classified by type with percentages to total deposits	Deposits classified by type with percentages to total deposits at June 30, 2021 and September 30, 2020 consisted of the following: June 30, September 30, 2021 2020 (Dollars in thousands) Balances by types of deposit: Savings $ 51,011 5.62 % $ 45,072 5.06 % Money market accounts 359,040 39.55 277,711 31.17 Interest-bearing demand 329,372 36.29 303,682 34.09 Non-interest-bearing demand 53,365 5.88 50,422 5.66 792,788 87.34 % 676,887 75.98 % Certificates of deposit 114,916 12.66 % 214,019 24.02 % Total Deposits $ 907,704 100.00 % $ 890,906 100.00 %
Schedule of interest expense on deposits	Interest expense on deposits consisted of the following: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) Savings accounts $ 13 $ 11 $ 47 $ 35 Money market accounts 586 902 2,053 3,122 Interest-bearing demand 431 661 1,457 2,920 Certificates of deposit 416 1,302 1,951 4,159 Total $ 1,446 $ 2,876 $ 5,508 $ 10,236
Schedule of certificates of deposit maturities	As of June 30, 2021, the scheduled maturities of certificates of deposits are as follows: Scheduled Maturities (In thousands) Period Ending June 30, 2021 $ 59,302 2022 21,923 2023 19,789 2024 6,730 2025 6,455 Thereafter 717 Total $ 114,916 As of June 30, 2021, the scheduled maturities of certificates of deposits in amounts greater than $100,000 are as follows: Scheduled Maturities (In thousands) Three months or less $ 7,969 Over three through six months 7,156 Over six through twelve months 17,581 Over twelve months 29,044 Total $ 61,750

Leases (Tables)

Leases (Tables)	9 Months Ended
	Jun. 30, 2021
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows: Three Months Ended June 30, Nine Months Ended June 30, 2021 2020 2021 2020 (In thousands) (In thousands) Operating lease cost $ 167 $ 175 $ 507 $ 523 Finance lease cost - - - - Short-term lease cost 24 26 71 79 Total $ 191 $ 201 $ 578 $ 602
Schedule of Supplemental Information of Leases	Supplemental information at and for June 30, 2021 and the nine months ended June 30, 2021 related to leases was as follows: June 30, 2021 September 30, 2020 (Dollars in thousands) (Dollars in thousands) Supplemental balance sheet information Operating lease right-of-use assets $ 2,168 $ 2,638 Operating lease liabilities $ 2,204 $ 2,671 Weighted average remaining lease term 4.82 years 5.40 years Weighted average discount rate 2.00 % 1.99 % Nine Months Ended June 30, 2021 Nine Months Ended June 30, 2020 (In thousands) (In thousands) Supplemental cash flow information Operating cash flows from operating leases $ 492 $ 499 ROU assets obtained in exchange for lease obligations $ 3,279 $ 3,279
Schedule of Maturities of Lease Liabilities	Maturities of lease liabilities were as follows: Operating Leases (In thousands) Period Ending September 30, Remainder of 2021 $ 139 2022 492 2023 474 2024 474 2025 477 Thereafter 269 Total lease payments $ 2,325 Less: imputed interest (121 ) Total $ 2,204

Risks and Uncertainties (Narrat

Risks and Uncertainties (Narrative) (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Dec. 31, 2020	Jun. 30, 2021	Mar. 27, 2020
Paycheck Protection Program Loans [Member]
Unusual Risk Or Uncertainty [Line Items]
Initial amount of loan funded			$ 349,000,000,000
Initial amount increased for loan funded			$ 659,000,000,000
Small Business Administration, CARES Act, Paycheck Protection Program [Member]
Unusual Risk Or Uncertainty [Line Items]
Gain on sale of loans	$ 202,000
Proceeds from sale of loans	$ 19,700,000
Loan Modification Agreements [Member]
Unusual Risk Or Uncertainty [Line Items]
Initial payment and deferrals forbearance period		3 months
Maximum additional period of second forbearance		90 days

Non-Interest Income - Schedule

Non-Interest Income - Schedule of Company's Non-Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Rental income	$ 55	$ 54	$ 163	$ 163
Net gains on sale and call of investments	165	1	779	181
Net gains on sale of loans	65	11	743	14
Earnings on bank-owned life insurance	164	128	489	380
Non-interest income within the scope of other GAAP topics	449	194	2,174	738
Non-interest income from contracts with customers	344	195	1,010	1,058
Total Other Income	793	389	3,184	1,796
ATM Fees [Member]
Non-interest income from contracts with customers	3	2	9	5
Credit Card Fee Income [Member]
Non-interest income from contracts with customers	6	5	16	16
DDA Fee Income [Member]
Non-interest income from contracts with customers	22	9	64	65
DDA Service Fees [Member]
Non-interest income from contracts with customers	23	16	68	54
Debit Card Fees [Member]
Non-interest income from contracts with customers	76	53	205	180
Other Loan Fee Income [Member]
Non-interest income from contracts with customers	147	53	467	559
Other Fee Income [Member]
Non-interest income from contracts with customers	65	55	175	173
Other Non-interest Income [Member]
Non-interest income from contracts with customers	$ 2	$ 2	$ 6	$ 6

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Detail) - shares	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Restricted shares issued	12,363	5,700	12,363	23,821
Stock options	7,000	7,000	7,000	7,000

Earnings Per Share (Detail)

Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Net Income	$ 1,601	$ 1,454	$ 6,098	$ 4,147
Weighted average shares outstanding	7,622,316	7,629,722	7,614,074	7,717,778
Average unearned ESOP shares	(76,945)	(91,347)	(80,558)	(94,958)
Basic weighted average shares outstanding	7,545,371	7,538,375	7,533,516	7,622,820
Plus: effect of potential dilutive common stock equivalents - stock options	829		552
Diluted weighted average common shares outstanding	7,546,200	7,538,375	7,534,068	7,622,820
Earnings per common share:
Basic	$ 0.21	$ 0.19	$ 0.81	$ 0.54
Diluted	$ 0.21	$ 0.19	$ 0.81	$ 0.54

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Narrative) (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		4 Months Ended	9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2008	Jun. 30, 2021	Jun. 30, 2020
Employee Stock Ownership Plan (ESOP), Shares In ESOP [Abstract]
Employee stock ownership plan (ESOP), shares purchased			241,178
Employee stock ownership plan (ESOP), amount borrowed			$ 2.6
Average price of shares purchased (in dollars per share)			$ 10.86
Employee stock ownership plan (ESOP), debt structure, direct loan, description				The ESOP loan, which bears an interest rate of 5%, is being repaid in quarterly installments through 2026 principally from the Bank’s contributions to the ESOP.
Committed to be released ESOP shares	3,600	3,600		10,800	10,800
Number of unallocated shares	79,830			79,830
Number of allocated shares held by the ESOP	103,723			103,723
Aggregate fair value of shares held by the ESOP	$ 1.5			$ 1.5

Investment Securities (Detail)

Investment Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	$ 34,261	$ 31,658
Gross Unrealized Gains	370	201
Gross Unrealized Losses	(129)	(318)
Fair value	34,502	31,541
Amortized Cost	31,795	14,970
Gross Unrealized Gains	565	638
Fair value	32,360	15,608
Total investment securities Amortized Cost	66,056	46,628
Total investment securities Gross Unrealized Gains	935	839
Total investment securities Gross Unrealized Losses	(129)	(318)
Total investment securities Fair Value	66,862	47,149
Federal National Mortgage Association [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	2,492
Fair value	2,492
U. S. Government Agencies [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	5,000	5,025
Gross Unrealized Gains		15
Gross Unrealized Losses	(5)
Fair value	4,995	5,040
Amortized Cost	12,500
Gross Unrealized Gains	23
Fair value	12,523
State And Municipal Obligations [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	2,769	3,101
Gross Unrealized Gains	19	4
Fair value	2,788	3,105
Amortized Cost	6,091	1,794
Gross Unrealized Gains	121	129
Fair value	6,212	1,923
Single Issuer Trust Preferred Security [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	1,000	1,000
Gross Unrealized Losses	(121)	(75)
Fair value	879	925
Corporate Debt Securities [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	23,988	21,009
Gross Unrealized Gains	351	182
Gross Unrealized Losses	(3)	(243)
Fair value	24,336	20,948
Amortized Cost	3,412	3,498
Gross Unrealized Gains	257	260
Fair value	3,669	3,758
Mutual Fund [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	1,504	1,523
Fair value	1,504	1,523
Collateralized Mortgage Obligations [Member] | Fixed Rate [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Amortized Cost	7,300	9,678
Gross Unrealized Gains	164	249
Fair value	$ 7,464	$ 9,927

Investment Securities - (Narrat

Investment Securities - (Narrative) (Detail)	9 Months Ended
	Jun. 30, 2021USD ($)Investment	Jun. 30, 2020USD ($)	Sep. 30, 2020USD ($)
Marketable Securities [Line Items]
Sales	$ 17,297,000	$ 5,297,000
Gain on sale of securities available for sales and calls	779,000	181,000
Available-for-sale investment securities, calls	1,700,000	7,800,000
Held-to-maturity investment securities	5,000,000	$ 3,700,000
Fair value of available for sale securities transferred	3,300,000		$ 4,600,000
Fair value of available for sale securities short-term borrowings transferred	0		0
Carrying value of investment securities pledged against hedge	$ 0		$ 0
U. S. Government Agency [Member]
Marketable Securities [Line Items]
Number of portfolio investments | Investment	1
Corporate Debt Securities [Member]
Marketable Securities [Line Items]
Number of portfolio investments | Investment	2
Single Issuer Trust Preferred Security [Member]
Marketable Securities [Line Items]
Number of portfolio investments | Investment	1

Investment Securities - Gross U

Investment Securities - Gross Unrealized Loss (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Schedule of available-for-sale securities and cost-method investments [Line Items]
Total investment securities in an unrealized loss position less than 12 months fair value	$ 6,995	$ 4,426
Total investment securities in an unrealized loss position less than 12 months gross unrealized loss	(5)	(74)
Total investment securities in an unrealized loss position 12 months or more fair value	2,377	4,255
Total investment securities in an unrealized loss position 12 months or more gross unrealized loss	(124)	(244)
Total investment securities in an unrealized loss position fair value	9,372	8,681
Total investment securities in an unrealized loss position gross unrealized loss	(129)	(318)
U. S. Government Agencies [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Less than 12 Months: Fair Value	4,995
Less than 12 Months: Unrealized Losses	(5)
Total: Fair Value	4,995
Total: Unrealized Losses	(5)
Single Issuer Trust Preferred Security [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
12 Months or longer: Fair Value	879	925
12 Months or longer: Unrealized Losses	(121)	(75)
Total: Fair Value	879	925
Total: Unrealized Losses	(121)	(75)
Corporate Debt Securities [Member]
Schedule of available-for-sale securities and cost-method investments [Line Items]
Less than 12 Months: Fair Value	2,000	4,426
Less than 12 Months: Unrealized Losses		(74)
12 Months or longer: Fair Value	1,498	3,330
12 Months or longer: Unrealized Losses	(3)	(169)
Total: Fair Value	3,498	7,756
Total: Unrealized Losses	$ (3)	$ (243)

Investment Securities - Schedul

Investment Securities - Schedule maturities (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Available for Sale, Amortized Cost:
Within 1 year	$ 500
Over 1 year through five years	4,445
After 5 years through ten years	20,992
Over 10 years	8,324
Amortized Cost	34,261	$ 31,658
Held-to-Maturity, Amortized Cost:
Over 1 year through five years	4,511
After 5 years through ten years	13,168
Over 10 years	4,324
Federal National Mortgage Association	2,492
CMO, fixed-rate	7,300
Amortized Cost	31,795	14,970
Total investment securities Amortized Cost	66,056	46,628
Available-for-Sale, Fair Value:
Within 1 year	500
Over 1 year through five years	4,444
After 5 years through ten years	21,212
Over 10 years	8,346
Available-for-sale, Fair Value, Total	34,502	31,541
Held-to-Maturity, Fair Value:
Over 1 year through five years	4,839
After 5 years through ten years	13,235
Over 10 years	4,330
Mortgage-backed securities:
Federal National Mortgage Association	2,492
CMO, fixed-rate	7,464
Held-to-Maturity, Fair Value, Total	32,360	15,608
Total investment securities, Fair Value	$ 66,862	$ 47,149

Loans Receivable and Related _3

Loans Receivable and Related Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2018
Financing Receivable, Impaired [Line Items]
Total loans	$ 951,650		$ 1,039,001				$ 1,043,047
Deferred loan costs, net	685		326
Allowance for loan losses	(11,600)	$ (12,601)	(12,433)	$ (11,067)	$ (10,556)	$ (10,095)	(11,067)	$ (10,095)
Total loans receivable, net	940,735		1,026,894
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Total loans	97,955		116,584				115,899
Allowance for loan losses	(650)	(557)	(578)	(592)	(516)	(615)	(592)	(615)
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Total loans	201,737		242,090				246,215
Allowance for loan losses	(1,317)	(1,428)	(1,667)	(1,696)	(1,492)	(1,364)	(1,696)	(1,364)
Construction and Development - Residential and Commercial Receivables [Member]
Financing Receivable, Impaired [Line Items]
Total loans	61,484		65,703				56,999
Allowance for loan losses	(435)	(532)	(465)	(405)	(354)	(523)	(405)	(523)
Construction and Development - Land Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	2,253		3,110				3,535
Allowance for loan losses	(15)	(24)	(23)	(26)	(24)	(20)	(26)	(20)
Construction And Development Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	63,737		68,813
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Total loans	478,032		495,398				506,180
Allowance for loan losses	(8,339)	(8,377)	(8,682)	(7,217)	(7,282)	(5,903)	(7,217)	(5,903)
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Total loans	10,335		7,517				7,531
Allowance for loan losses	(56)	(35)	(47)	(47)	(42)	(49)	(47)	(49)
Commercial Multi Family Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	66,725		67,767				66,416
Allowance for loan losses	(503)	(506)	(511)	(647)	(444)	(369)	(647)	(369)
Commercial - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	10,896		10,142				8,397
Allowance for loan losses	(54)	(49)	(51)	(43)	(35)	(21)	(43)	(21)
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Total loans	663,943		697,408
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Total loans	12,822		17,128				18,097
Allowance for loan losses	(93)	(119)	(130)	(137)	(127)	(122)	(137)	(122)
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	7,039		10,711				11,704
Allowance for loan losses	(104)	(114)	(196)	(223)	(212)	(267)	(223)	(267)
Consumer - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	2,372		2,851				2,074
Allowance for loan losses	(22)	$ (25)	(29)	$ (22)	$ (21)	$ (23)	$ (22)	$ (23)
Consumer Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total loans	$ 22,233		$ 30,690

Loans Receivable and Related _4

Loans Receivable and Related Allowance for Loan Losses (1) (Detail) - USD ($)	3 Months Ended		9 Months Ended			12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Sep. 30, 2020
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	$ 12,601,000	$ 10,556,000	$ 12,433,000	$ 10,095,000	$ 10,095,000	$ 10,095,000
Charge-offs	(1,024,000)		(1,508,000)	2,200,000	(2,353,000)	(8,396,000)
Recoveries	23,000	76,000	125,000		115,000	124,000
Provisions		435,000	550,000	3,210,000	3,210,000	10,610,000
Allowance for credit losses, Ending Balance	11,600,000	11,067,000	11,600,000	11,067,000	11,067,000	12,433,000
Allowance for credit losses: Ending balance: individually evaluated for impairment	1,324,000		1,324,000		211,000	308,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	10,276,000		10,276,000		10,856,000	12,125,000
Loans receivable	951,650,000		951,650,000		1,043,047,000	1,039,001,000
Loans receivable: Ending balance: individually evaluated for impairment	47,651,000		47,651,000		22,512,000	30,222,000
Loans Receivable: Ending balance: collectively evaluated for impairment	903,999,000		903,999,000		1,020,535,000	1,008,779,000
Commercial and Industrial [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	557,000	516,000	578,000	615,000	615,000	615,000
Charge-offs	(379,000)		(379,000)
Recoveries	1,000	1,000	2,000		2,000	2,000
Provisions	471,000	75,000	449,000		(25,000)	(39,000)
Allowance for credit losses, Ending Balance	650,000	592,000	650,000	592,000	592,000	578,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	650,000		650,000		592,000	578,000
Loans receivable	97,955,000		97,955,000		115,899,000	116,584,000
Loans receivable: Ending balance: individually evaluated for impairment	3,124,000		3,124,000
Loans Receivable: Ending balance: collectively evaluated for impairment	94,831,000		94,831,000		115,899,000	116,584,000
Residential Mortgage [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	1,428,000	1,492,000	1,667,000	1,364,000	1,364,000	1,364,000
Recoveries		1,000	1,000		24,000	25,000
Provisions	(111,000)	203,000	(351,000)		308,000	278,000
Allowance for credit losses, Ending Balance	1,317,000	1,696,000	1,317,000	1,696,000	1,696,000	1,667,000
Allowance for credit losses: Ending balance: individually evaluated for impairment					2,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	1,317,000		1,317,000		1,694,000	1,667,000
Loans receivable	201,737,000		201,737,000		246,215,000	242,090,000
Loans receivable: Ending balance: individually evaluated for impairment	3,561,000		3,561,000		3,435,000	3,388,000
Loans Receivable: Ending balance: collectively evaluated for impairment	198,176,000		198,176,000		242,780,000	238,702,000
Construction and Development - Residential and Commercial Receivables [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	532,000	354,000	465,000	523,000	523,000	523,000
Provisions	(97,000)	51,000	(30,000)		(118,000)	(58,000)
Allowance for credit losses, Ending Balance	435,000	405,000	435,000	405,000	405,000	465,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	435,000		435,000		405,000	465,000
Loans receivable	61,484,000		61,484,000		56,999,000	65,703,000
Loans Receivable: Ending balance: collectively evaluated for impairment	61,484,000		61,484,000		56,999,000	65,703,000
Construction and Development - Land Receivable [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	24,000	24,000	23,000	20,000	20,000	20,000
Provisions	(9,000)	2,000	(8,000)		6,000	3,000
Allowance for credit losses, Ending Balance	15,000	26,000	15,000	26,000	26,000	23,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	15,000		15,000		26,000	23,000
Loans receivable	2,253,000		2,253,000		3,535,000	3,110,000
Loans Receivable: Ending balance: collectively evaluated for impairment	2,253,000		2,253,000		3,535,000	3,110,000
Commercial Real Estate [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	8,377,000	7,282,000	8,682,000	5,903,000	5,903,000	5,903,000
Charge-offs	(645,000)		(1,128,000)		(2,288,000)	(8,330,000)
Recoveries		2,000	1,000		4,000	6,000
Provisions	607,000	(67,000)	784,000		3,598,000	11,103,000
Allowance for credit losses, Ending Balance	8,339,000	7,217,000	8,339,000	7,217,000	7,217,000	8,682,000
Allowance for credit losses: Ending balance: individually evaluated for impairment	1,287,000		1,287,000		109,000	227,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	7,052,000		7,052,000		7,108,000	8,455,000
Loans receivable	478,032,000		478,032,000		506,180,000	495,398,000
Loans receivable: Ending balance: individually evaluated for impairment	38,219,000		38,219,000		18,187,000	25,926,000
Loans Receivable: Ending balance: collectively evaluated for impairment	439,813,000		439,813,000		487,993,000	469,472,000
Commercial Farmland [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	35,000	42,000	47,000	49,000	49,000	49,000
Provisions	21,000	5,000	9,000		(2,000)	(2,000)
Allowance for credit losses, Ending Balance	56,000	47,000	56,000	47,000	47,000	47,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	56,000		56,000		47,000	47,000
Loans receivable	10,335,000		10,335,000		7,531,000	7,517,000
Loans receivable: Ending balance: individually evaluated for impairment	2,265,000		2,265,000
Loans Receivable: Ending balance: collectively evaluated for impairment	8,070,000		8,070,000		7,531,000	7,517,000
Commercial Multi Family Receivable [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	506,000	444,000	511,000	369,000	369,000	369,000
Provisions	(3,000)	203,000	(8,000)		278,000	142,000
Allowance for credit losses, Ending Balance	503,000	647,000	503,000	647,000	647,000	511,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	503,000		503,000		647,000	511,000
Loans receivable	66,725,000		66,725,000		66,416,000	67,767,000
Loans Receivable: Ending balance: collectively evaluated for impairment	66,725,000		66,725,000		66,416,000	67,767,000
Commercial - Other Receivable [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	49,000	35,000	51,000	21,000	21,000	21,000
Provisions	5,000	8,000	3,000		22,000	30,000
Allowance for credit losses, Ending Balance	54,000	43,000	54,000	43,000	43,000	51,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	54,000		54,000		43,000	51,000
Loans receivable	10,896,000		10,896,000		8,397,000	10,142,000
Loans Receivable: Ending balance: collectively evaluated for impairment	10,896,000		10,896,000		8,397,000	10,142,000
Consumer - Home Equity Lines of Credit [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	119,000	127,000	130,000	122,000	122,000	122,000
Charge-offs					(62,000)	(62,000)
Recoveries	15,000	1,000	16,000		1,000	1,000
Provisions	(41,000)	9,000	(53,000)		76,000	69,000
Allowance for credit losses, Ending Balance	93,000	137,000	93,000	137,000	137,000	130,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	93,000		93,000		137,000	130,000
Loans receivable	12,822,000		12,822,000		18,097,000	17,128,000
Loans receivable: Ending balance: individually evaluated for impairment	24,000		24,000		28,000	26,000
Loans Receivable: Ending balance: collectively evaluated for impairment	12,798,000		12,798,000		18,069,000	17,102,000
Consumer - Second Mortgages Receivable [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	114,000	212,000	196,000	267,000	267,000	267,000
Charge-offs					(3,000)	(3,000)
Recoveries	6,000	71,000	103,000		83,000	88,000
Provisions	(16,000)	(60,000)	(195,000)		(124,000)	(156,000)
Allowance for credit losses, Ending Balance	104,000	223,000	104,000	223,000	223,000	196,000
Allowance for credit losses: Ending balance: individually evaluated for impairment	37,000		37,000		99,000	81,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	67,000		67,000		124,000	115,000
Loans receivable	7,039,000		7,039,000		11,704,000	10,711,000
Loans receivable: Ending balance: individually evaluated for impairment	458,000		458,000		861,000	882,000
Loans Receivable: Ending balance: collectively evaluated for impairment	6,581,000		6,581,000		10,843,000	9,829,000
Consumer - Other Receivable [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	25,000	21,000	29,000	23,000	23,000	23,000
Charge-offs			(1,000)			(1,000)
Recoveries	1,000		2,000		1,000	2,000
Provisions	(4,000)	1,000	(8,000)		(2,000)	5,000
Allowance for credit losses, Ending Balance	22,000	22,000	22,000	22,000	22,000	29,000
Allowance for credit losses: Ending balance: individually evaluated for impairment					1,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	22,000		22,000		21,000	29,000
Loans receivable	2,372,000		2,372,000		2,074,000	2,851,000
Loans receivable: Ending balance: individually evaluated for impairment					1,000
Loans Receivable: Ending balance: collectively evaluated for impairment	2,372,000		2,372,000		2,073,000	2,851,000
Unallocated [Member]
Allowance for Loan and Lease Losses [Roll Forward]
Allowance for credit losses, Beginning balance	835,000	7,000	54,000	819,000	819,000	819,000
Provisions	(823,000)	5,000	(42,000)		(807,000)	(765,000)
Allowance for credit losses, Ending Balance	12,000	$ 12,000	12,000	$ 12,000	12,000	54,000
Allowance for credit losses: Ending balance: collectively evaluated for impairment	$ 12,000		$ 12,000		$ 12,000	$ 54,000

Loans Receivable and Related _5

Loans Receivable and Related Allowance for Loan Losses (Narrative) (Detail)	3 Months Ended		9 Months Ended			12 Months Ended
	Jun. 30, 2021USD ($)Number	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)Number	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Sep. 30, 2020USD ($)Number
Financing Receivable, Impaired [Line Items]
Net charge-offs	$ 1,000,000		$ 1,400,000
Net recovery	23,000	$ 76,000	125,000		$ 115,000	$ 124,000
Net charge-offs	(1,024,000)		(1,508,000)	$ 2,200,000	$ (2,353,000)	(8,396,000)
Impaired loans with no specific allowance	40,783,000		40,783,000			29,445,000
Non-accrual loans interest income	300,000	$ 49,000	845,000	$ 63,000
Loans past due 90 days or more and still accruing interest	212,000		$ 212,000			$ 58,000
Number of loans | Number			28			26
Financing receivable, collateral dependent TDR loan	$ 24,175,000		$ 24,175,000			$ 21,687,000
Number of loans | Number	0		8			43
Aggregate principal balance	$ 61,300,000		$ 61,300,000			$ 144,800,000
Pass [Member]
Financing Receivable, Impaired [Line Items]
Aggregate principal balance	13,100,000		13,100,000
Special Mention [Member]
Financing Receivable, Impaired [Line Items]
Aggregate principal balance	48,200,000		48,200,000
Two Individual Commercial Real Estate Loan Partial [Member]
Financing Receivable, Impaired [Line Items]
Net charge-offs	645,000
One Commercial and industrial Loan Partial {Member]
Financing Receivable, Impaired [Line Items]
Net charge-offs	379,000
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no specific allowance	2,265,000		$ 2,265,000
Number of loans | Number			1
Financing receivable, collateral dependent TDR loan	2,265,000		$ 2,265,000
Number of loans | Number						1
Commercial Real Estate Loan One [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no specific allowance	12,400,000		12,400,000
Commercial Real Estate Loan and Industrial Loans Two [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no specific allowance	3,100,000		3,100,000
Removal of Commercial Real Estate Loan One [Member]
Financing Receivable, Impaired [Line Items]
Impaired loans with no specific allowance	6,500,000		6,500,000
Construction and Development - Residential and Commercial Receivables [Member]
Financing Receivable, Impaired [Line Items]
Real estate through foreclosure	$ 398,000		$ 398,000			$ 175,000

Loans Receivable and Related _6

Loans Receivable and Related Allowance for Loan Losses (2) (Detail) - USD ($)	Jun. 30, 2021	Sep. 30, 2020
Financing Receivable, Impaired [Line Items]
Impaired Loans With Specific Allowance, Recorded Investment	$ 6,868,000	$ 777,000
Impaired Loans With Specific Allowance, Related Allowance	1,324,000	308,000
Impaired Loans With No Specific Allowance, Recorded Investment	40,783,000	29,445,000
Total Impaired Loans Recorded Investment	47,651,000	30,222,000
Total Impaired Loans Unpaid Principal Balance	61,611,000	41,522,000
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans With No Specific Allowance, Recorded Investment	3,124,000
Total Impaired Loans Recorded Investment	3,124,000
Total Impaired Loans Unpaid Principal Balance	3,503,000
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans With No Specific Allowance, Recorded Investment	3,561,000	3,388,000
Total Impaired Loans Recorded Investment	3,561,000	3,388,000
Total Impaired Loans Unpaid Principal Balance	3,753,000	3,598,000
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans With Specific Allowance, Recorded Investment	6,764,000	676,000
Impaired Loans With Specific Allowance, Related Allowance	1,287,000	227,000
Impaired Loans With No Specific Allowance, Recorded Investment	31,455,000	25,250,000
Total Impaired Loans Recorded Investment	38,219,000	25,926,000
Total Impaired Loans Unpaid Principal Balance	51,560,000	36,945,000
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans With No Specific Allowance, Recorded Investment	24,000	26,000
Total Impaired Loans Recorded Investment	24,000	26,000
Total Impaired Loans Unpaid Principal Balance	28,000	30,000
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans With Specific Allowance, Recorded Investment	104,000	101,000
Impaired Loans With Specific Allowance, Related Allowance	37,000	81,000
Impaired Loans With No Specific Allowance, Recorded Investment	354,000	781,000
Total Impaired Loans Recorded Investment	458,000	882,000
Total Impaired Loans Unpaid Principal Balance	502,000	$ 949,000
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Impaired Loans With No Specific Allowance, Recorded Investment	2,265,000
Total Impaired Loans Recorded Investment	2,265,000
Total Impaired Loans Unpaid Principal Balance	$ 2,265,000

Loans Receivable and Related _7

Loans Receivable and Related Allowance for Loan Losses (3) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	$ 45,986	$ 22,510	$ 39,321	$ 17,194
Interest Income Recognized on Impaired Loans	213	135	526	214
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	1,398		709
Interest Income Recognized on Impaired Loans	5		12
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	3,280	3,448	3,383	3,487
Interest Income Recognized on Impaired Loans	22	24	56	71
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	2,265		1,766
Interest Income Recognized on Impaired Loans	31		50
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	38,243	18,190	32,701	12,822
Interest Income Recognized on Impaired Loans	153	109	403	129
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	24	28	51	29
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Average Impaired Loans	776	844	711	856
Interest Income Recognized on Impaired Loans	$ 2	$ 2	$ 5	$ 14

Loans Receivable and Related _8

Loans Receivable and Related Allowance for Loan Losses (4) (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020	Jun. 30, 2019
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	$ 951,650	$ 1,039,001	$ 1,043,047
Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	840,194	945,002
Special Mention [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	58,154	62,818
Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	53,302	31,181
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	97,955	116,584	115,899
Commercial and Industrial [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	89,473	110,099
Commercial and Industrial [Member] | Special Mention [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross		6,368
Commercial and Industrial [Member] | Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	8,482	117
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	201,737	242,090	246,215
Residential Mortgage [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	198,548	238,610
Residential Mortgage [Member] | Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	3,189	3,480
Construction and Development - Residential and Commercial Receivables [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	61,484	65,703	56,999
Construction and Development - Residential and Commercial Receivables [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	61,484	65,703
Construction and Development - Land Receivable [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	2,253	3,110	3,535
Construction and Development - Land Receivable [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	2,253	3,110
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	478,032	495,398	506,180
Commercial Real Estate [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	391,046	422,143
Commercial Real Estate [Member] | Special Mention [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	48,754	46,892
Commercial Real Estate [Member] | Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	38,232	26,363
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	10,335	7,517	7,531
Commercial Farmland [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	8,070	7,517
Commercial Farmland [Member] | Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	2,265
Commercial Multi Family Receivable [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	66,725	67,767	66,416
Commercial Multi Family Receivable [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	57,395	58,285
Commercial Multi Family Receivable [Member] | Special Mention [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	9,330	9,482
Commercial - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	10,896	10,142	8,397
Commercial - Other Receivable [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	10,896	10,142
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	12,822	17,128	18,097
Consumer - Home Equity Lines of Credit [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	12,718	16,969
Consumer - Home Equity Lines of Credit [Member] | Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	104	159
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	7,039	10,711	11,704
Consumer - Second Mortgages Receivable [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	5,939	9,573
Consumer - Second Mortgages Receivable [Member] | Special Mention [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	70	76
Consumer - Second Mortgages Receivable [Member] | Substandard [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	1,030	1,062
Consumer - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	2,372	2,851	$ 2,074
Consumer - Other Receivable [Member] | Pass [Member]
Financing Receivable, Impaired [Line Items]
Loans and Leases, gross	$ 2,372	$ 2,851

Loans Receivable and Related _9

Loans Receivable and Related Allowance for Loan Losses (5) (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Financing Receivable, Impaired [Line Items]
Total non-accrual loans	$ 23,547	$ 16,730
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Total non-accrual loans	2,575
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Total non-accrual loans	1,063	2,036
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Total non-accrual loans	19,572	14,414
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Total non-accrual loans	24	26
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total non-accrual loans	$ 313	$ 254

Loans Receivable and Related_10

Loans Receivable and Related Allowance for Loan Losses (6) (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020	Jun. 30, 2019
Financing Receivable, Impaired [Line Items]
Current	$ 940,492	$ 1,035,788
Past Due	11,158	3,213
Total Loans Receivable	951,650	1,039,001	$ 1,043,047
Accruing 90 Days or More Past Due	212	58
30 to 59 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	45	225
60 to 89 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	186	728
Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	10,927	2,260
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Current	95,380	116,584
Past Due	2,575
Total Loans Receivable	97,955	116,584	115,899
Commercial and Industrial [Member] | Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	2,575
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Current	200,791	239,623
Past Due	946	2,467
Total Loans Receivable	201,737	242,090	246,215
Residential Mortgage [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	42	68
Residential Mortgage [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	186	694
Residential Mortgage [Member] | Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	718	1,705
Construction and Development - Residential and Commercial Receivables [Member]
Financing Receivable, Impaired [Line Items]
Current	61,484	65,703
Total Loans Receivable	61,484	65,703	56,999
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Current	470,554	495,087
Past Due	7,478	311
Total Loans Receivable	478,032	495,398	506,180
Accruing 90 Days or More Past Due	212
Commercial Real Estate [Member] | Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	7,478	311
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Current	10,335	7,517
Total Loans Receivable	10,335	7,517	7,531
Commercial Multi Family Receivable [Member]
Financing Receivable, Impaired [Line Items]
Current	66,725	67,767
Total Loans Receivable	66,725	67,767	66,416
Commercial - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Current	10,896	10,142
Total Loans Receivable	10,896	10,142	8,397
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Current	12,822	17,080
Past Due		48
Total Loans Receivable	12,822	17,128	18,097
Accruing 90 Days or More Past Due		48
Consumer - Home Equity Lines of Credit [Member] | Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due		48
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Current	6,883	10,325
Past Due	156	386
Total Loans Receivable	7,039	10,711	11,704
Accruing 90 Days or More Past Due		10
Consumer - Second Mortgages Receivable [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due		157
Consumer - Second Mortgages Receivable [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due		33
Consumer - Second Mortgages Receivable [Member] | Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	156	196
Consumer - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Current	2,369	2,850
Past Due	3	1
Total Loans Receivable	2,372	2,851	2,074
Consumer - Other Receivable [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due	3
Consumer - Other Receivable [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Impaired [Line Items]
Past Due		1
Construction and Development - Land Receivable [Member]
Financing Receivable, Impaired [Line Items]
Current	2,253	3,110
Total Loans Receivable	$ 2,253	$ 3,110	$ 3,535

Loans Receivable and Related_11

Loans Receivable and Related Allowance for Loan Losses (7) (Detail) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 30, 2021USD ($)Number	Sep. 30, 2020USD ($)Number
Financing Receivable, Impaired [Line Items]
Total Troubled Debt Restructurings, Number of Loans | Number	28	26
Total Troubled Debt Restructurings, Recorded Investment | $	$ 24,175	$ 21,687
Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months, Number of Loans | Number	5	8
Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months, Recorded Investment | $	$ 823	$ 8,269
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Total Troubled Debt Restructurings, Number of Loans | Number	1
Total Troubled Debt Restructurings, Recorded Investment | $	$ 549
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Total Troubled Debt Restructurings, Number of Loans | Number	17	17
Total Troubled Debt Restructurings, Recorded Investment | $	$ 3,321	$ 3,435
Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months, Number of Loans | Number	5	7
Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months, Recorded Investment | $	$ 823	$ 1,617
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Total Troubled Debt Restructurings, Number of Loans | Number	1
Total Troubled Debt Restructurings, Recorded Investment | $	$ 2,265
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Total Troubled Debt Restructurings, Number of Loans | Number	5	5
Total Troubled Debt Restructurings, Recorded Investment | $	$ 17,895	$ 18,091
Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months, Number of Loans | Number		1
Troubled Debt Restructured Loans That Have Defaulted on Modified Terms Within The Past 12 Months, Recorded Investment | $		$ 6,652
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Total Troubled Debt Restructurings, Number of Loans | Number	4	4
Total Troubled Debt Restructurings, Recorded Investment | $	$ 145	$ 161

Loans Receivable and Related_12

Loans Receivable and Related Allowance for Loan Losses (8) (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Recorded Investment	$ 24,175	$ 21,687
Performing Financing Receivable [Member]
Recorded Investment	23,352	13,418
Nonperforming Financing Receivable [Member]
Recorded Investment	823	8,269
Commercial and Industrial [Member]
Recorded Investment	549
Commercial and Industrial [Member] | Performing Financing Receivable [Member]
Recorded Investment	549
Residential Mortgage [Member]
Recorded Investment	3,321	3,435
Residential Mortgage [Member] | Performing Financing Receivable [Member]
Recorded Investment	2,498	1,818
Residential Mortgage [Member] | Nonperforming Financing Receivable [Member]
Recorded Investment	823	1,617
Commercial Farmland [Member]
Recorded Investment	2,265
Commercial Farmland [Member] | Performing Financing Receivable [Member]
Recorded Investment	2,265
Commercial Real Estate [Member]
Recorded Investment	17,895	18,091
Commercial Real Estate [Member] | Performing Financing Receivable [Member]
Recorded Investment	17,895	11,439
Commercial Real Estate [Member] | Nonperforming Financing Receivable [Member]
Recorded Investment		6,652
Consumer - Second Mortgages Receivable [Member]
Recorded Investment	145	161
Consumer - Second Mortgages Receivable [Member] | Performing Financing Receivable [Member]
Recorded Investment	$ 145	$ 161

Loans Receivable and Related_13

Loans Receivable and Related Allowance for Loan Losses (9) (Detail) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2020USD ($)Number	Jun. 30, 2021USD ($)Number	Jun. 30, 2020USD ($)Number
Financing Receivable, Impaired [Line Items]
Number of Contracts | Number	1	2	3
Pre-Modifications Outstanding Recorded Investment	$ 10,635	$ 2,836	$ 11,137
Post-Modification Outstanding Recorded Investment	$ 10,635	$ 2,836	$ 11,133
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Number of Contracts | Number		1
Pre-Modifications Outstanding Recorded Investment		$ 549
Post-Modification Outstanding Recorded Investment		$ 549
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Number of Contracts | Number	1		2
Pre-Modifications Outstanding Recorded Investment	$ 10,635		$ 10,930
Post-Modification Outstanding Recorded Investment	$ 10,635		$ 10,926
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Number of Contracts | Number		1
Pre-Modifications Outstanding Recorded Investment		$ 2,287
Post-Modification Outstanding Recorded Investment		$ 2,287

Loans Receivable and Related_14

Loans Receivable and Related Allowance for Loan Losses (10) (Detail) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Jun. 30, 2021USD ($)Number	Jun. 30, 2021USD ($)Number	Sep. 30, 2020USD ($)Number
Financing Receivable, Impaired [Line Items]
Number of Loans | Number	0	8	43
Loan Deferment Exposure	$ 61,281	$ 61,281	$ 144,785
Gross Loans	$ 951,650	$ 951,650	$ 1,039,001
Percentage of Gross Loans on Deferral	6.44%	6.44%	13.94%
Commercial and Industrial [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number			10
Loan Deferment Exposure			$ 5,547
Gross Loans	$ 97,955	$ 97,955	$ 116,584
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.53%
Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number		2	5
Loan Deferment Exposure	$ 669	$ 669	$ 1,288
Gross Loans	$ 201,737	$ 201,737	$ 242,090
Percentage of Gross Loans on Deferral	0.07%	0.07%	0.12%
Construction and Development - Residential and Commercial Receivables [Member]
Financing Receivable, Impaired [Line Items]
Gross Loans	$ 61,484	$ 61,484	$ 65,703
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.00%
Construction and Development - Land Receivable [Member]
Financing Receivable, Impaired [Line Items]
Gross Loans	$ 2,253	$ 2,253	$ 3,110
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.00%
Construction And Development Receivable [Member]
Financing Receivable, Impaired [Line Items]
Gross Loans	$ 63,737	$ 63,737	$ 68,813
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.00%
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number		6	21
Loan Deferment Exposure	$ 60,612	$ 60,612	$ 131,348
Gross Loans	$ 478,032	$ 478,032	$ 495,398
Percentage of Gross Loans on Deferral	6.37%	6.37%	12.64%
Commercial Farmland [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number			1
Loan Deferment Exposure			$ 2,288
Gross Loans	$ 10,335	$ 10,335	$ 7,517
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.22%
Commercial Multi Family Receivable [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number			2
Loan Deferment Exposure			$ 3,718
Gross Loans	$ 66,725	$ 66,725	$ 67,767
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.36%
Commercial - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Gross Loans	$ 10,896	$ 10,896	$ 10,142
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.00%
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number		6	34
Loan Deferment Exposure	$ 60,612	$ 60,612	$ 142,901
Gross Loans	$ 663,943	$ 663,943	$ 697,408
Percentage of Gross Loans on Deferral	6.37%	6.37%	13.75%
Consumer - Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number			3
Loan Deferment Exposure			$ 579
Gross Loans	$ 12,822	$ 12,822	$ 17,128
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.06%
Consumer - Second Mortgages Receivable [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number			1
Loan Deferment Exposure			$ 17
Gross Loans	$ 7,039	$ 7,039	$ 10,711
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.00%
Consumer - Other Receivable [Member]
Financing Receivable, Impaired [Line Items]
Gross Loans	$ 2,372	$ 2,372	$ 2,851
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.00%
Consumer Receivable [Member]
Financing Receivable, Impaired [Line Items]
Number of Loans | Number			4
Loan Deferment Exposure			$ 596
Gross Loans	$ 22,233	$ 22,233	$ 30,690
Percentage of Gross Loans on Deferral	0.00%	0.00%	0.06%

Regulatory Matters (Narrative)

Regulatory Matters (Narrative) (Detail) - Malvern Federal Savings Bank [Member]	Jun. 30, 2021	Sep. 30, 2020	Jan. 01, 2019	Jan. 01, 2016	Jan. 01, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity Tier 1 capital ratio				7	4.5	4
Tier 1 capital ratio	6	6		8.5	6
Tier 1 Capital conservation buffer			2.50%
Total capital ratio	17.80	16.64		10.5
Capital conservation buffer percentage of risk-weighted assets				0.625%

Regulatory Matters (Detail)

Regulatory Matters (Detail) $ in Thousands	Jun. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Jan. 01, 2016	Jan. 01, 2015
Parent Company [Member]
Capital (to adjusted tangible assets): Actual Amount	$ 148,186	$ 141,681
Common equity Tier 1(to risk-weighted assets): Actual Amount	148,186	141,681
Tier 1 Capital (to risk-weighted assets): Actual Amount	148,186	141,681
Total Capital (to risk-weighted assets): Actual Amount	$ 185,375	$ 178,972
Capital (to adjusted tangible assets): Actual Ratio	12.27	11.63
Common equity Tier 1(to risk-weighted assets): Actual Ratio	15.07	14
Tier 1 Capital (to risk-weighted assets): Actual Ratio	15.07	14
Total Capital (to risk-weighted assets): Actual Ratio	18.85	17.69
Capital (to adjusted tangible assets): For Capital Adequacy Purposes Amount	$ 48,321	$ 48,473
Common Equity Tier 1 Capital (to risk weighted assets)	44,259	45,528
Tier 1 Capital (to risk weighted assets)	59,012	60,704
Total Capital (to risk weighted assets)	$ 78,682	$ 80,939
Capital (to adjusted tangible assets): For Capital Adequacy Purposes Ratio	4	4
Common Equity Tier 1 Capital (to risk weighted assets)	4.50	4.50
Tier 1 Capital (to risk weighted assets)	6	6
Total Capital (to risk weighted assets)	8	8
Malvern Federal Savings Bank [Member]
Capital (to adjusted tangible assets): Actual Amount	$ 163,187	$ 155,575
Common equity Tier 1(to risk-weighted assets): Actual Amount	163,187	155,575
Tier 1 Capital (to risk-weighted assets): Actual Amount	163,187	155,575
Total Capital (to risk-weighted assets): Actual Amount	$ 174,869	$ 168,090
Capital (to adjusted tangible assets): Actual Ratio	13.53	12.78
Common equity Tier 1(to risk-weighted assets): Actual Ratio	16.61	15.40
Tier 1 Capital (to risk-weighted assets): Actual Ratio	16.61	15.40
Total Capital (to risk-weighted assets): Actual Ratio	17.80	16.64	10.5
Capital (to adjusted tangible assets): For Capital Adequacy Purposes Amount	$ 48,251	$ 48,685
Common Equity Tier 1 Capital (to risk weighted assets)	44,214	45,459
Tier 1 Capital (to risk weighted assets)	58,953	60,612
Total Capital (to risk weighted assets)	$ 78,604	$ 80,816
Capital (to adjusted tangible assets): For Capital Adequacy Purposes Ratio	4	4
Common Equity Tier 1 Capital (to risk weighted assets)	4.50	4.50
Tier 1 Capital (to risk weighted assets)	6	6	8.5	6
Total Capital (to risk weighted assets)	8	8
Capital (to adjusted tangible assets): To be Well Capitalized under Prompt Corrective Action Provisions Capital Amount	$ 60,314	$ 60,856
Common Equity Tier 1 Capital (to risk weighted assets)	63,865	65,663
Tier 1 Capital (to risk weighted assets)	78,604	80,816
Total Capital (to risk weighted assets)	$ 98,254	$ 101,020
Capital (to adjusted tangible assets): To be Well Capitalized under Prompt Corrective Action Provisions Ratio	5	5
Common Equity Tier 1 Capital (to risk weighted assets)	6.50	6.50
Tier 1 Capital (to risk weighted assets)	8	8
Total Capital (to risk weighted assets)	10	10

Derivatives and Hedging Activ_3

Derivatives and Hedging Activities (Narrative) (Detail) - USD ($)	9 Months Ended
	Jun. 30, 2021	Sep. 30, 2020
Derivative [Line Items]
Minimum collateral posting thresholds with derivative counterparties	$ 7,900,000	$ 12,900,000
Interest Rate Swap [Member]
Derivative [Line Items]
Estimated interest expense	$ 379,000

Derivatives and Hedging Activ_4

Derivatives and Hedging Activities (Detail) - Interest Rate Swap Agreements [Member] - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Notional Amount, Liability Derivatives	$ 70,000	$ 90,000
Fair Value	257	1,291
Derivatives Not Designated As Hedging Instrument [Member] | Other Assets [Member]
Notional Amount, Asset Derivatives	44,853	45,162
Fair Value	5,148	8,752
Derivatives Not Designated As Hedging Instrument [Member] | Other Liabilities [Member]
Notional Amount, Liability Derivatives	44,853	45,162
Fair Value	$ 5,151	$ 8,756

Derivatives and Hedging Activ_5

Derivatives and Hedging Activities - Schedule of Offsetting of Derivative Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Offsetting of Derivative Assets
Gross Amounts of Recognized Assets	$ 5,148	$ 8,752
Net Amounts of Assets presented in the Statement of Financial Condition	5,148	8,752
Gross Amounts Not Offset in the Statements of Financial Condition, Net Amount	5,148	8,752
Offsetting of Derivative Liabilities
Gross Amounts of Recognized Liabilities	5,408	10,047
Net Amounts of Liabilities presented in the Statement of Financial Condition	5,408	10,047
Gross Amounts Not Offset in the Statements of Financial Condition, Financial Instruments	436	1,498
Gross Amounts Not Offset in the Statements of Financial Condition, Cash Collateral Posted	7,857	12,857
Gross Amounts Not Offset in the Statements of Financial Condition, Net Amount	$ (2,885)	$ (4,308)

Derivatives and Hedging Activ_6

Derivatives and Hedging Activities - Statement of Operations Relating to The Cash Flow Derivative Instrument (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Derivative [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivative	$ (40)	$ (433)	$ 274	$ (1,086)
Amount of Loss Reclassified from OCI to Interest Expense	(231)	(122)	(754)	(183)
Interest Rate Swap Agreements [Member]
Derivative [Line Items]
Amount of Gain (Loss) Recognized in OCI on Derivative	(40)	(433)	274	(1,086)
Amount of Loss Reclassified from OCI to Interest Expense	$ (231)	$ (122)	$ (754)	$ (183)

Derivatives and Hedging Activ_7

Derivatives and Hedging Activities - Schedule of Effects of Derivative Instruments on Consolidated Statements of Operations (Detail) - Derivatives Not Designated As Hedging Instrument [Member] - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2021	Jun. 30, 2021	Jun. 30, 2020
Amount of (Gain) Loss Recognized in Income on derivatives	$ (1)	$ 2	$ (6)
Interest Rate Swap Agreements [Member] | Other Income [Member]
Amount of (Gain) Loss Recognized in Income on derivatives	$ (1)	$ 2	$ (6)

Fair Value Measurements (Detail

Fair Value Measurements (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Assets
Investment securities available for sale, at fair value	$ 34,502	$ 31,541
Derivative instruments	5,148	8,752
Liabilities
Derivative instruments	5,408	10,047
U. S. Government Agencies [Member]
Assets
Investment securities available for sale, at fair value	4,995	5,040
State And Municipal Obligations [Member]
Assets
Investment securities available for sale, at fair value	2,788	3,105
Single Issuer Trust Preferred Security [Member]
Assets
Investment securities available for sale, at fair value	879	925
Corporate Debt Securities [Member]
Assets
Investment securities available for sale, at fair value	24,336	20,948
Mutual Funds [Member]
Assets
Investment securities available for sale, at fair value	1,504	1,523
Fair Value, Measurements, Recurring [Member]
Assets
Investment securities available for sale, at fair value	34,502	31,541
Derivative instruments	5,148	8,752
Liabilities
Derivative instruments	5,408	10,047
Fair Value, Measurements, Recurring [Member] | U. S. Government Agencies [Member]
Assets
Investment securities available for sale, at fair value	4,995	5,040
Fair Value, Measurements, Recurring [Member] | State And Municipal Obligations [Member]
Assets
Investment securities available for sale, at fair value	2,788	3,105
Fair Value, Measurements, Recurring [Member] | Single Issuer Trust Preferred Security [Member]
Assets
Investment securities available for sale, at fair value	879	925
Fair Value, Measurements, Recurring [Member] | Corporate Debt Securities [Member]
Assets
Investment securities available for sale, at fair value	24,336	20,948
Fair Value, Measurements, Recurring [Member] | Mutual Funds [Member]
Assets
Investment securities available for sale, at fair value	1,504	1,523
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets
Investment securities available for sale, at fair value	1,004	1,023
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Mutual Funds [Member]
Assets
Investment securities available for sale, at fair value	1,004	1,023
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets
Investment securities available for sale, at fair value	32,998	30,018
Derivative instruments	5,148	8,752
Liabilities
Derivative instruments	5,408	10,047
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | U. S. Government Agencies [Member]
Assets
Investment securities available for sale, at fair value	4,995	5,040
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | State And Municipal Obligations [Member]
Assets
Investment securities available for sale, at fair value	2,788	3,105
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Single Issuer Trust Preferred Security [Member]
Assets
Investment securities available for sale, at fair value	879	925
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Assets
Investment securities available for sale, at fair value	24,336	20,948
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets
Investment securities available for sale, at fair value	500	500
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Mutual Funds [Member]
Assets
Investment securities available for sale, at fair value	$ 500	$ 500

Fair Value Measurements (1) (De

Fair Value Measurements (1) (Detail) - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Beginning balance	$ 500	$ 250
Payments received	0	0
Included in earnings	0	0
Included in other comprehensive income	0	0
Purchases	0	250
Transfers in and/or out of Level 3	0	0
Ending balance	$ 500	$ 500

Fair Value Measurements (2) (De

Fair Value Measurements (2) (Detail) $ in Thousands	Jun. 30, 2021USD ($)	Sep. 30, 2020USD ($)
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.04	0
Fair Value, Inputs, Level 3 [Member] | Weighted Average [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned, Measurement Input	0.04	0
Impaired Loans, Measurement Input	0.108	0.014
Fair Value, Inputs, Level 3 [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input	0	0.020
Fair Value, Inputs, Level 3 [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Measurement Input	0.152	0.20
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value, nonrecurring basis	$ 32,652	$ 13,716
Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value, nonrecurring basis	4,961	5,796
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans Net [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value, nonrecurring basis	27,691	7,920
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value, nonrecurring basis	32,652	13,716
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value, nonrecurring basis	4,961	5,796
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | Impaired Loans Net [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value, nonrecurring basis	$ 27,691	$ 7,920

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Detail) - USD ($)	Jun. 30, 2021	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Impaired Loans with aggregate balance for four loans	$ 6,900,000	$ 8,200,000
Impaired Loans with aggregate balance for three loans	22,100
Impaired Loans with specific loan loss allowance	$ 1,324,000	$ 308,000

Fair Value Measurements (3) (De

Fair Value Measurements (3) (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Financial assets:
Investment securities available-for-sale	$ 34,502	$ 31,541
Investment securities held-to-maturity	32,360	15,608
Derivatives (included in Other Assets)	5,148	8,752
Financial liabilities:
Derivatives (included in Other Liabilities)	5,408	10,047
Carrying Amount [Member]
Financial assets:
Cash and cash equivalents	104,954	61,439
Investment securities available-for-sale	34,502	31,541
Investment securities held-to-maturity	31,795	14,970
Loans receivable, net (including impaired loans)	940,735	1,031,392
Accrued interest receivable	3,370	3,677
Restricted stock	7,896	9,622
Mortgage servicing rights (included in Other Assets)	83	111
Derivatives (included in Other Assets)	5,148	8,752
Financial liabilities:
Savings accounts	51,011	45,072
Checking and NOW accounts	382,737	354,104
Money market accounts	359,040	277,711
Certificates of deposit	114,916	214,019
Borrowings (excluding sub debt)	90,000	134,225
Subordinated debt	24,895	24,776
Derivatives (included in Other Liabilities)	5,408	10,047
Accrued interest payable	946	728
Fair Value [Member]
Financial assets:
Cash and cash equivalents	104,954	61,439
Investment securities available-for-sale	34,502	31,541
Investment securities held-to-maturity	32,360	15,608
Loans receivable, net (including impaired loans)	939,454	1,039,981
Accrued interest receivable	3,370	3,677
Restricted stock	7,896	9,622
Mortgage servicing rights (included in Other Assets)	83	111
Derivatives (included in Other Assets)	5,148	8,752
Financial liabilities:
Savings accounts	51,011	45,072
Checking and NOW accounts	382,737	354,104
Money market accounts	359,040	277,711
Certificates of deposit	116,767	217,212
Borrowings (excluding sub debt)	90,260	135,101
Subordinated debt	25,027	25,030
Derivatives (included in Other Liabilities)	5,408	10,047
Accrued interest payable	946	728
Fair Value, Inputs, Level 1 [Member] | Fair Value [Member]
Financial assets:
Cash and cash equivalents	104,954	61,439
Investment securities available-for-sale	1,004	1,023
Fair Value, Inputs, Level 2 [Member] | Fair Value [Member]
Financial assets:
Investment securities available-for-sale	32,998	30,018
Investment securities held-to-maturity	32,360	15,608
Accrued interest receivable	3,370	3,677
Restricted stock	7,896	9,622
Mortgage servicing rights (included in Other Assets)	83	111
Derivatives (included in Other Assets)	5,148	8,752
Financial liabilities:
Savings accounts	51,011	45,072
Checking and NOW accounts	382,737	354,104
Money market accounts	359,040	277,711
Certificates of deposit	116,767	217,212
Borrowings (excluding sub debt)	90,260	135,101
Subordinated debt	25,027	25,030
Derivatives (included in Other Liabilities)	5,408	10,047
Accrued interest payable	946	728
Fair Value, Inputs, Level 3 [Member] | Fair Value [Member]
Financial assets:
Investment securities available-for-sale	500	500
Loans receivable, net (including impaired loans)	$ 939,454	$ 1,039,981

Comprehensive Income (Detail)

Comprehensive Income (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 30, 2021	Sep. 30, 2020
Equity [Abstract]
Net unrealized holding gains (losses) on available-for-sale securities	$ 241	$ (118)
Tax effect	(51)	25
Net of tax amount	190	(93)
Fair value adjustments on derivatives	(233)	(1,260)
Tax effect	49	265
Net of tax amount	(184)	(995)
Total accumulated other comprehensive income (loss)	$ 6	$ (1,088)

Comprehensive Income (1) (Detai

Comprehensive Income (1) (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Equity [Abstract]
Unrealized holding gains on available-for-sale securities		$ 671	$ (302)	$ 1,135	$ (169)
Net realized gain on securities available-for-sale	[1]	(165)	(1)	(779)	(181)
Amortization of unrealized holding losses on securities transferred from available-for-sale to held-to-maturity	[2]	1	1	3	3
Adjustment for loss recorded on replacement of derivative		(3)	23	(7)	23
Fair value adjustments on derivatives		194	(336)	1,034	(927)
Other comprehensive income (loss) before taxes		698	(615)	1,386	(1,251)
Tax effect		(148)	128	(292)	262
Total other comprehensive income (loss)		$ 550	$ (487)	$ 1,094	$ (989)
[1]	Amounts are included in net gains on sale and call of investments on the Consolidated Statements of Operations in total other income.
[2]	Amounts are included in interest and dividends on investment securities on the Consolidated Statements of Operations.

Equity Based Incentive Compen_3

Equity Based Incentive Compensation Plan (Narrative) (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Granted shares	7,000	7,000	7,000	7,000
Share-based compensation			$ 152,000	$ 202,000
Granted shares	12,363	5,700	12,363	23,821
Malvern Bancorp, Inc. 2014 Long Term Incentive Compensation Plan (the 2014 Plan) [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Maximum number of shares available for grants	400,000		400,000
Number of remaining shares available for future grants	299,288		299,288
Description of vesting right			Restricted stock and option awards granted vest annually in 20% increments beginning on the one year anniversary of the grant date
Granted shares	7,000	0	7,000	7,000
Share-based compensation	$ 7,000	$ 9,000	$ 23,000	$ 21,000
Compensation cost not yet recognized	104,000		$ 104,000
Weighted average period			3 years 5 months 23 days
Malvern Bancorp, Inc. 2014 Long Term Incentive Compensation Plan (the 2014 Plan) [Member] | Restricted Stock [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 43,000	$ 115,000	$ 129,000	$ 181,000
Granted shares	12,363	5,700	12,363	23,821
Forfeited shares				1,610
Compensation cost not yet recognized	$ 573,000		$ 573,000
Weighted average period			3 years 5 months 12 days
Malvern Bancorp, Inc. 2014 Long Term Incentive Compensation Plan (the 2014 Plan) [Member] | First Year Anniversary [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
First vesting percentage			20.00%
First vesting period			1 year

Equity Based Incentive Compen_4

Equity Based Incentive Compensation Plan (Detail) - Stock Option [Member] - Malvern Bancorp, Inc. 2014 Long Term Incentive Compensation Plan (the 2014 Plan) [Member] - $ / shares	9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted Average Fair Value of Awards	$ 6.06	$ 4.72
Risk Free Rate	1.25%	1.22%
Volatility	29.72%	19.86%
Expected Life	6 years 6 months	6 years 6 months

Equity Based Incentive Compen_5

Equity Based Incentive Compensation Plan 1 (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Granted	7,000	7,000	7,000	7,000
Malvern Bancorp, Inc. 2014 Long Term Incentive Compensation Plan (the 2014 Plan) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning of year			25,830	18,830
Granted	7,000	0	7,000	7,000
Outstanding, end of year	32,830	25,830	32,830	25,830
Exercisable at end of year	13,310	8,140	13,310	8,140
Nonvested at end of year	19,520	17,690	19,520	17,690
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding, beginning of year			$ 21.57	$ 22.05
Granted			18.69	20.28
Outstanding, end of year	$ 20.96	$ 21.57	20.96	21.57
Exercisable at end of year	21.53	21.50	21.53	21.50
Nonvested at end of year	$ 20.56	$ 21.60	$ 20.56	$ 21.60
Share-based Compensation Arrangement by Share-based Payment Award, Options, Weighted Average Remaining Contractual Life [Roll Forward]
Outstanding, end of year			6 years 5 months 10 days	8 years 25 days
Exercisable at end of year			8 years 5 months 16 days	7 years 15 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Aggregate Intrinsic Value [Roll Forward]
Outstanding, beginning of year				$ 21,350
Outstanding, end of year	$ 4,860		$ 4,860
Exercisable at end of year	$ 4,860		$ 4,860

Equity Based Incentive Compen_6

Equity Based Incentive Compensation Plan 2 - Restricted Stock Awards (Detail) - $ / shares	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted	12,363	5,700	12,363	23,821
Restricted Stock [Member] | Malvern Bancorp, Inc. 2014 Long Term Incentive Compensation Plan (the 2014 Plan) [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, beginning of year			30,653	18,493
Granted	12,363	5,700	12,363	23,821
Vested			(11,851)	(10,051)
Forfeited/cancelled/expired				(1,610)
Outstanding, end of year	31,165	30,653	31,165	30,653
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Outstanding, beginning of year			$ 21.98	$ 21.78
Granted			18.69	19.62
Vested			20.87	16.62
Forfeited/cancelled/expired				21.43
Outstanding, end of year	$ 21.09	$ 21.98	$ 21.09	$ 21.98

Deposits (Detail)

Deposits (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Deposits:
Savings	$ 51,011	$ 45,072
Money market accounts	359,040	277,711
Interest-bearing demand	329,372	303,682
Non-interest-bearing demand	53,365	50,422
Total deposits before certificates of deposit	792,788	676,887
Certificates of deposit	114,916	214,019
Total Deposits	$ 907,704	$ 890,906
Percentage of savings	5.62%	5.06%
Percentage of money market accounts	39.55%	31.17%
Percentage of interest bearing demand	36.29%	34.09%
Percentage of non-interest bearing demand	5.88%	5.66%
Percentage of total deposits before certificates of deposit	87.34%	75.98%
Percentage of certificates of deposit	12.66%	24.02%
Percentage of total deposits	100.00%	100.00%

Deposits (Narrative) (Detail)

Deposits (Narrative) (Detail) - USD ($) $ in Millions	Jun. 30, 2021	Sep. 30, 2020
Deposits:
Certificates of deposit greater than or equal to$250,000	$ 16.5	$ 48.4
Brokered deposits	$ 6.1	$ 31.1

Deposits 1 (Detail)

Deposits 1 (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Deposits:
Savings accounts	$ 13	$ 11	$ 47	$ 35
Money market accounts	586	902	2,053	3,122
Interest-bearing demand	431	661	1,457	2,920
Certificates of deposit	416	1,302	1,951	4,159
Total	$ 1,446	$ 2,876	$ 5,508	$ 10,236

Deposits (2) (Detail)

Deposits (2) (Detail) $ in Thousands	Jun. 30, 2021USD ($)
Deposits:
2021	$ 59,302
2022	21,923
2023	19,789
2024	6,730
2025	6,455
Thereafter	717
Total	$ 114,916

Deposits (3) (Detail)

Deposits (3) (Detail) $ in Thousands	Jun. 30, 2021USD ($)
Offsetting [Abstract]
Contract maturities of certificate of deposits in amount greater than $100,000, Three months or less	$ 7,969
Contract maturities of certificate of deposits in amount greater than $100,000, Over three through six months	7,156
Contract maturities of certificate of deposits in amount greater than $100,000, Over six through twelve months	17,581
Contract maturities of certificate of deposits in amount greater than $100,000, Over twelve months	29,044
Contract maturities of certificate of deposits in amount greater than $100,000, Total	$ 61,750

Leases (Narrative) (Detail)

Leases (Narrative) (Detail) $ in Thousands	9 Months Ended
	Jun. 30, 2021USD ($)FinancialCentreOfficeLease	Sep. 30, 2020USD ($)	Oct. 01, 2019USD ($)
Lessee Lease Description [Line Items]
Operating lease right-of-use assets | $	$ 2,168	$ 2,638
Operating lease liabilities | $	$ 2,204	$ 2,671
Number of leases | Lease	3
Lessee, Operating Lease, Existence of Option to Extend [true false]	true
Lessee, operating lease, renewal term	5 years
Private Banking Office
Lessee Lease Description [Line Items]
Number of office leases included in option to extend	2
Private Banking Office | Short-term Leases [Member]
Lessee Lease Description [Line Items]
Number of offices	2
Representative Office | Short-term Leases [Member]
Lessee Lease Description [Line Items]
Number of offices	2
Glen Mills, Pennsylvania
Lessee Lease Description [Line Items]
Number of financial centers | FinancialCentre	1
Villanova, Pennsylvania | Private Banking Office
Lessee Lease Description [Line Items]
Number of offices	1
Morris County, Morristown, New Jersey | Private Banking Office
Lessee Lease Description [Line Items]
Number of offices	1
Palm Beach, Florida | Private Banking Office
Lessee Lease Description [Line Items]
Number of offices	1
Palm Beach, Florida | Representative Office
Lessee Lease Description [Line Items]
Number of offices	1
Allentown, Pennsylvania | Representative Office
Lessee Lease Description [Line Items]
Number of offices	1
ASU 2016-02 [Member]
Lessee Lease Description [Line Items]
Operating lease right-of-use assets | $			$ 3,300
Operating lease liabilities | $			$ 3,300
Change in Accounting Principle, Accounting Standards Update, Adoption Date	Oct. 1, 2019
Change in Accounting Principle, Accounting Standards Update, Adopted	true
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect	false

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Leases [Abstract]
Operating lease cost	$ 167	$ 175	$ 507	$ 523
Short-term lease cost	24	26	71	79
Total	$ 191	$ 201	$ 578	$ 602

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Information of Leases (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2020
Supplemental balance sheet information
Operating lease right-of-use assets	$ 2,168		$ 2,638
Operating lease liabilities	$ 2,204		$ 2,671
Weighted average remaining lease term	4 years 9 months 25 days		5 years 4 months 24 days
Weighted average discount rate	2.00%		1.99%
Supplemental cash flow information
Operating cash flows from operating leases	$ 492	$ 499
ROU assets obtained in exchange for lease obligations	$ 3,279	$ 3,279

Leases - Schedule of Maturities

Leases - Schedule of Maturities of Lease Liabilities (Detail) - USD ($) $ in Thousands	Jun. 30, 2021	Sep. 30, 2020
Leases [Abstract]
Remainder of 2021	$ 139
2022	492
2023	474
2024	474
2025	477
Thereafter	269
Total lease payments	2,325
Less: imputed interest	(121)
Total	$ 2,204	$ 2,671