Westbury Bancorp (WBBW) 10-Q 29 Jan 16 2016 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Dec. 31, 2015	Jan. 28, 2016
Document and Entity Information
Entity Registrant Name	Westbury Bancorp, Inc.
Entity Central Index Key	1,553,326
Document Type	10-Q
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,229,061
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Assets
Cash and due from banks	$ 23,087	$ 9,963
Interest-earning deposits	16,973	6,525
Cash and cash equivalents	40,060	16,488
Securities available-for-sale	84,237	80,286
Securities held to maturity, at amortized cost ($2,489 and $2,490 fair value at December 31 and September 30, respectively)	2,459	2,459
Loans held for sale, at lower of cost or fair value	973	431
Loans, net of allowance for loan losses of $4,747 and $4,598 at December 31 and September 30, respectively	496,545	493,425
Federal Home Loan Bank stock, at cost	3,350	3,350
Foreclosed real estate	168	283
Real estate held for investment	2,025	2,047
Real estate held for sale	808	882
Office properties and equipment, net	13,732	13,867
Cash surrender value of bank-owned life insurance	13,913	13,167
Mortgage servicing rights	1,136	1,210
Deferred tax asset	7,291	7,546
Other assets	3,880	3,488
Total assets	670,577	638,929
Liabilities
Deposits	556,144	531,020
Short-term advances from Federal Home Loan Bank	20,500	18,000
Long-term advances from Federal Home Loan Bank	10,000	0
Advance payments by borrowers for property taxes and insurance	146	5,382
Other liabilities	4,669	5,715
Total liabilities	591,459	560,117
Stockholders’ Equity
Preferred stock $0.01 par value, 50,000,000 shares authorized; none issued or outstanding	0	0
Common stock $0.01 par value, 100,000,000 shares authorized; 5,341,114 shares issued at December 31, 2015 and September 30, 2015	53	53
Additional paid-in capital	50,457	50,145
Retained earnings	49,753	48,714
Unearned Employee Stock Ownership Plan (ESOP) shares	(3,497)	(3,548)
Accumulated other comprehensive gain (loss)	(238)	352
Less common stock repurchased, 1,040,103 shares at cost, at December 31, 2015 and 1,012,109 at September 30, 2015	(17,410)	(16,904)
Total stockholders’ equity	79,118	78,812
Total liabilities and stockholders’ equity	$ 670,577	$ 638,929

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Statement of Financial Position [Abstract]
Securities held to maturity, fair value	$ 2,489	$ 2,490
Allowance for loan losses	$ 4,747	$ 4,598
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	5,346,412	5,341,114
Treasury stock, shares	1,040,103	1,012,109

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Interest and dividend income:
Loans	$ 5,117	$ 4,459
Investments - nontaxable	15	17
Investments - taxable	437	392
Interest bearing deposits	26	12
Total interest and dividend income	5,595	4,880
Interest expense:
Deposits	558	425
Short-term advances from the Federal Home Loan Bank	8	4
Long-term advances from the Federal Home Loan Bank	24	0
Total interest expense	590	429
Net interest income before provision for loan losses	5,005	4,451
Provision for loan losses	150	350
Net interest income after provision for loan losses	4,855	4,101
Noninterest income:
Service fees on deposit accounts	1,078	1,156
Gain on sales of loans, net	101	69
Servicing fee income, net of amortization and impairment	37	37
Insurance and securities sales commissions	73	58
Gain on sales of securities	2	70
Gain on sales of branches and other assets	0	18
Increase in cash surrender value of life insurance	110	102
Rental income from real estate operations	113	128
Other income	91	36
Total noninterest income	1,605	1,674
Noninterest expenses:
Salaries and employee benefits	2,316	2,381
Commissions	48	55
Occupancy	298	313
Furniture and equipment	121	103
Data processing	747	781
Advertising	41	60
Real estate held for investment	98	103
Net loss from operations and sale of foreclosed real estate	(13)	(148)
FDIC insurance premiums	104	105
Valuation loss on real estate held for sale	47	0
Other expenses	952	1,056
Total noninterest expenses	4,785	5,105
Income before income tax expense	1,675	670
Income tax expense	636	223
Net income	$ 1,039	$ 447
Earnings per share:
Basic (in dollars per share)	$ 0.27	$ 0.10
Diluted (in dollars per share)	$ 0.27	$ 0.10

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 1,039	$ 447
Other comprehensive income, before tax:
Unrealized gains (losses) on available-for-sale securities	(969)	255
Reclassification adjustment for realized gains included in net income	(2)	(70)
Other comprehensive income (loss), before tax	(971)	185
Income tax expense (benefit) related to items of other comprehensive income	381	(73)
Other comprehensive income (loss), net of tax	(590)	112
Comprehensive income	$ 449	$ 559

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid In Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance at Sep. 30, 2014	$ 86,487	$ 0	$ 53	$ 49,164	$ 45,190	$ (3,754)	$ (46)	$ (4,120)
Increase (Decrease) in Stockholders' Equity
Net income	447	0			447
Other comprehensive income (loss), net of tax	112						112
Exercise of 4,298 stock options	0
Repurchase of 27,994 and 55061 shares, respectively, of common stock	(833)							(833)
Stock based compensation expense	201			201
Allocation,or commitment to be allocated, of 5,142 shares by ESOP	112			61		51
Balance at Dec. 31, 2014	86,526	0	53	49,426	45,637	(3,703)	66	(4,953)
Balance at Sep. 30, 2015	78,812	0	53	50,145	48,714	(3,548)	352	(16,904)
Increase (Decrease) in Stockholders' Equity
Net income	1,039	0			1,039
Other comprehensive income (loss), net of tax	(590)						(590)
Exercise of 4,298 stock options	64			64
Repurchase of 27,994 and 55061 shares, respectively, of common stock	(506)							(506)
Stock based compensation expense	208			208
Allocation,or commitment to be allocated, of 5,142 shares by ESOP	91	0		40		51
Balance at Dec. 31, 2015	$ 79,118	$ 0	$ 53	$ 50,457	$ 49,753	$ (3,497)	$ (238)	$ (17,410)

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - shares	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Number of shares allocated by ESOP	5,142	5,142
Exercised (shares)	4,298
Number of shares repurchased during period	27,994	55,061

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash Flows From Operating Activities
Net income	$ 1,039	$ 447
Adjustments to reconcile net income to net cash used in operating activities:
Provision for loan losses	150	350
Depreciation and amortization	192	145
Depreciation on real estate held for investment	22	33
Net amortization of securities premiums and discounts	120	149
Amortization and impairment of mortgage servicing rights	74	96
Gain on sales of available-for-sale securities	(2)	(70)
Gain on sales of branches and other assets	0	(18)
Write-down of real estate held-for-sale	47	0
(Gain) loss on sale of foreclosed real estate	(20)	79
Write-down of foreclosed real estate	26	57
Loans originated for sale	(8,957)	(6,819)
Proceeds from sale of loans	8,516	5,132
Gain on sale of loans, net	(101)	(69)
ESOP compensation expense	91	112
Stock based compensation expense	208	201
Deferred income taxes	636	224
Increase in cash surrender value of life insurance	(110)	(102)
Net change in:
Other assets	(391)	(243)
Other liabilities and advance payments by borrowers for property taxes and insurance	(6,282)	(5,880)
Net cash used in operating activities	(4,742)	(6,176)
Cash Flows From Investing Activities
Purchases of securities available-for-sale	(12,375)	(8,189)
Proceeds from sales of securities available-for-sale	5,219	12,084
Proceeds from maturities, prepayments, and calls of securities available-for-sale	2,116	3,376
Purchases of securities held to maturity	0	(3,025)
Net increase in loans	(3,270)	(21,967)
Purchase of bank owned life insurance	637	0
Purchases of office properties and equipment	(57)	(368)
Proceeds from sales of real estate held-for-sale	27	0
Proceeds from sales of foreclosed real estate	109	205
Net cash used in investing activities	(8,868)	(17,884)
Cash Flows From Financing Activities
Net increase in deposits	25,124	17,760
Proceeds from long-term Federal Home Loan Bank advances	10,000	0
Increase in short-term Federal Home Loan Bank advances	2,500	14,000
Exercise of 4,298 stock options	64	0
Repurchase of common stock	(506)	(833)
Net cash provided by financing activities	37,182	30,927
Net increase in cash and cash equivalents	23,572	6,867
Cash and cash equivalents at beginning	16,488	17,608
Cash and cash equivalents at end	40,060	24,475
Supplemental Disclosures of Cash Flow Information
Interest paid (including amounts credited to deposits)	589	428
Supplemental Schedules of Non-cash Investing Activities
Loans receivable transferred to foreclosed real estate	$ 0	$ 319

Basis of Presentation

Basis of Presentation	3 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of Westbury Bancorp, Inc. and its wholly-owned subsidiary, Westbury Bank, (the "Bank", and collectively, the “Company”) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 8-03 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Estimates used in the preparation of the financial statements are based on various factors including the current interest rate environment and the general strength of the local economy. Changes in the overall interest rate environment can significantly affect the Company’s net interest income and the value of its recorded assets and liabilities. Actual results could differ from those estimates used in the preparation of the financial statements. Certain prior period amounts have been reclassified to conform to current period presentation. These reclassifications did not result in any changes to previously reported net income or stockholders’ equity. In the opinion of management, the accompanying unaudited financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the Company’s financial condition as of December 31, 2015 and September 30, 2015 and the results of operations and cash flows for the interim periods ended December 31, 2015 and 2014. All interim amounts are unaudited, and the results of operations for the interim periods herein are not necessarily indicative of the results of operations to be expected for the year. These financial statements should be read in conjunction with the Company’s audited financial statements and notes thereto for the year ended September 30, 2015 filed with the U.S. Securities and Exchange Commission as part of Westbury Bancorp, Inc.’s Annual Report on Form 10-K for the year ended September 30, 2015. The Jumpstart Our Business Startups Act (the JOBS Act), which was signed into law on April 5, 2012, has made numerous changes to the federal securities laws to facilitate access to capital markets. Under the JOBS Act, a company with total annual gross revenues of less than $1.0 billion during its most recently completed fiscal year qualifies as an “emerging growth company.” The Company qualifies as an “emerging growth company” and believes that it will continue to qualify as an “emerging growth company” until five years from the completion of the Company's initial public stock offering in April 2013. As an “emerging growth company,” the Company has elected to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies. Accordingly, the financial statements may not be comparable to the financial statements of companies that comply with such new or revised accounting standards.

Recent Accounting Developments

Recent Accounting Developments	3 Months Ended
	Dec. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recent Accounting Developments	Recent Accounting Developments In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 is intended to clarify the principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP. ASU 2014-09 is effective for annual reporting periods and interim periods within those annual periods beginning after December 15, 2019. Adoption by the Company is not expected to have a material impact on the consolidated financial statements and related disclosures. In June 2014, the FASB issued ASU 2014-12, Compensation - Stock Compensation (Topic 718) - Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period. ASU 2014-12 is intended to clarify the accounting for the timing of expense recognition related to employee share-based payments in which a performance target that effects vesting could be achieved after the requisite service period. ASU 2014-12 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Adoption by the Company is not expected to have a material impact on the consolidated financial statements and related disclosures. In August 2014, the FASB issued ASU 2014-14, Receivables - Troubled Debt Restructuring by Creditors (Topic 310) - Classification of Certain Government-Guaranteed Mortgage Loans Upon Foreclosure. ASU 2014-14 is intended to clarify the accounting for and improve the consistency of balance sheet classification of certain foreclosed mortgage loans that are either fully or partially guaranteed under government programs. Greater consistency in classification of such mortgage loans upon foreclosure is expected to provide more decision-useful information about a creditor's foreclosed mortgage loans that are expected to be recovered, at least in part, through government guarantees. ASU 2014-14 is effective for annual periods and interim periods within those annual periods beginning after December 15, 2015. Adoption by the Company is not expected to have a material impact on the consolidated financial statements and related disclosures. In January 2016, the FASB issued ASU 2016-01, Financial Instruments - Overall (Subtopic 825-10) - Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 is intended to enhance the reporting model for financial instruments to provide users of financial statements with more decision-useful information. ASU 2016-01 is effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods beginning after December 15, 2019. Adoption by the Company is not expected to have a material impact on the consolidated financial statements and related disclosures.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Earnings per common share is computed using the two-class method. Basic earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding, adjusted for weighted average unallocated ESOP shares, during the applicable period, excluding outstanding participating securities. Participating securities include non-vested restricted stock awards to the extent holders of these securities receive non-forfeitable dividends or dividend equivalents at the same rate as holders of the Company's common stock. Diluted earnings per share is computed using the weighted-average number of shares determined for the basic earnings per common share computation plus the dilutive effect of stock compensation using the treasury stock method. The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share (in thousands, except share and per share data). Three Months Ended December 31, 2015 2014 Net income $ 1,039 $ 447 Basic potential common shares: Weighted average shares outstanding 4,166,780 4,833,308 Weighted average unallocated ESOP shares (353,122 ) (373,692 ) Basic weighted average shares outstanding 3,813,658 4,459,616 Dilutive effect of equity awards 30,274 15,975 Diluted weighted average shares outstanding 3,843,932 4,475,591 Basic income per share $ 0.27 $ 0.10 Diluted income per share $ 0.27 $ 0.10

Investment Securitites

Investment Securitites	3 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Investment Securities The amortized cost and fair value of investment securities are summarized as follows: December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale U.S. Government and agency securities $ 24 $ 1 $ — $ 25 U.S. Government agency residential mortgage-backed securities 39,027 264 (316 ) 38,975 U.S. Government agency collateralized mortgage obligations 1,857 6 (48 ) 1,815 U.S. Government agency commercial mortgage-backed securities 16,126 3 (184 ) 15,945 Municipal securities 23,709 80 (157 ) 23,632 Corporate securities 3,885 4 (44 ) 3,845 Total Available for Sale 84,628 358 (749 ) 84,237 Held to Maturity Municipal securities 2,459 30 — 2,489 Total Investment Securities $ 87,087 $ 388 $ (749 ) $ 86,726 September 30, 2015 Amortized Gross Gross Fair Available for Sale U.S. Government and agency securities $ 24 $ 1 $ — $ 25 U.S. Government agency residential mortgage-backed securities 39,380 456 (144 ) 39,692 U.S. Government agency collateralized mortgage obligations 1,963 18 (40 ) 1,941 U.S. Government agency commercial mortgage-backed securities 13,993 121 (15 ) 14,099 Municipal securities 21,494 222 (49 ) 21,667 Corporate securities 2,852 12 (2 ) 2,862 Total Available for Sale 79,706 830 (250 ) 80,286 Held to Maturity Municipal securities 2,459 31 — 2,490 Total Investment Securities $ 82,165 $ 861 $ (250 ) $ 82,776 The amortized cost and fair value of investment securities, by contractual maturity at December 31, 2015 are shown in the following table. Actual maturities differ from contractual maturities for mortgage-backed securities because the mortgages underlying the securities may be called or repaid without penalty. Therefore, these securities are not presented in the maturity categories in the table below. December 31, 2015 Amortized Cost Fair Value Available for sale: Due in one year or less $ 2,218 $ 2,222 Due after one year through five years 10,194 10,225 Due after five years through ten years 14,699 14,555 Due after ten years 507 500 U.S. Government agency collateralized mortgage obligations 1,857 1,815 U.S. Government agency residential mortgage-backed securities 39,027 38,975 U.S. Government agency commercial mortgage-backed securities 16,126 15,945 84,628 84,237 Held to maturity: Due in one year or less 166 166 Due after one year through five years 690 693 Due after five years through ten years 954 969 Due after ten years 649 661 2,459 2,489 Total $ 87,087 $ 86,726 Proceeds from sales of investment securities during the three months ended December 31, 2015 and 2014, were $5,219 and $12,084 , respectively. Gross realized gains, during the three months ended December 31, 2015 and 2014, on these sales amounted to $12 and $111 , respectively. Gross realized losses on these sales were $10 and $41 , during the three months ended December 31, 2015 and 2014 respectively. There were no securities that were pledged to secure treasury, tax, and loan deposits and other purposes required or permitted by law at December 31, 2015 and September 30, 2015. Information pertaining to securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized as follows: December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Unrealized Fair Unrealized U.S. Government and agency securities $ — $ — $ — $ — $ — $ — U.S. Government agency residential mortgage-backed securities 20,528 (174 ) 5,319 (142 ) 25,847 (316 ) U.S. Government agency collateralized mortgage obligations — — 608 (48 ) 608 (48 ) U.S Government agency commercial mortgage-backed securities 14,954 (184 ) — — 14,954 (184 ) Municipal securities 14,659 (151 ) 149 (6 ) 14,808 (157 ) Corporate securities 2,833 (44 ) — — 2,833 (44 ) $ 52,974 $ (553 ) $ 6,076 $ (196 ) $ 59,050 $ (749 ) September 30, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government and agency securities $ — $ — $ — $ — $ — $ — U.S. Government agency residential mortgage-backed securities 7,270 (59 ) 6,168 (85 ) 13,438 (144 ) U.S. Government agency collateralized mortgage obligations — — 627 (40 ) 627 (40 ) U.S. Government agency commercial mortgage-backed securities 3,511 (15 ) — — 3,511 (15 ) Municipal securities 3,661 (45 ) 151 (4 ) 3,812 (49 ) Corporate securities 510 (2 ) — — 510 (2 ) $ 14,952 $ (121 ) $ 6,946 $ (129 ) $ 21,898 $ (250 ) At December 31, 2015, the Company's investment portfolio included 8 securities available-for-sale which had been in an unrealized loss position for more than twelve months and 87 securities available-for-sale which had been in an unrealized loss position for less than twelve months. These securities are considered to be acceptable credit risks. Based upon an evaluation of the available evidence, including recent changes in market rates, credit rating information and information obtained from regulatory filings, management believes the decline in fair value for these securities is temporary. The Company does not have any current requirement to sell and does not currently intend to sell these securities prior to any anticipated recovery in fair value. At September 30, 2015, the investment portfolio included 9 securities available-for-sale which had been in an unrealized loss position for greater than twelve months and 22 securities available-for-sale which had been in an unrealized loss position for less than twelve months.

Loans

Loans	3 Months Ended
	Dec. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]
Loans	Loans A summary of the balances of loans follows: December 31, 2015 September 30, Real estate: Single family $ 150,990 $ 153,141 Multifamily 118,689 105,750 Commercial real estate 163,515 162,957 Construction and land development 17,163 18,831 Total real estate 450,357 440,679 Commercial business 31,866 38,200 Consumer: Home equity lines of credit 14,977 14,881 Education 3,845 4,106 Other 549 523 Total consumer 19,371 19,510 Total loans 501,594 498,389 Less: Net deferred loan fees 302 366 Allowance for loan losses 4,747 4,598 Net loans $ 496,545 $ 493,425 The following tables present the contractual aging of the Company's recorded investment in past due loans by class of loans as of December 31, 2015 and September 30, 2015: December 31, 2015 Current 30-59 Days Past Due 60-89 Days Past Due Loans Past or More Total Single family $ 149,929 $ 696 $ — $ 365 $ 150,990 Multifamily 118,689 — — — 118,689 Commercial real estate 163,515 — — — 163,515 Construction and land development 17,163 — — — 17,163 Commercial business 31,860 6 — — 31,866 Consumer and other: Home equity lines of credit 14,950 — — 27 14,977 Education 3,675 24 40 106 3,845 Other 549 — — — 549 $ 500,330 $ 726 $ 40 $ 498 $ 501,594 September 30, 2015 Current 30-59 Days Past Due 60-89 Days Past Due Loans Past or More Total Single family $ 152,245 $ 473 $ 83 $ 340 $ 153,141 Multifamily 105,750 — — — 105,750 Commercial real estate 162,957 — — — 162,957 Construction and land development 18,827 4 — — 18,831 Commercial business 38,200 — — — 38,200 Consumer and other: Home equity lines of credit 14,691 — — 190 14,881 Education 3,782 79 — 245 4,106 Other 523 — — — 523 $ 496,975 $ 556 $ 83 $ 775 $ 498,389 There were no loans past due ninety days or more and still accruing interest as of December 31, 2015 and September 30, 2015. The following table presents the recorded investment in nonaccrual loans by class of loans as of December 31, 2015 and September 30, 2015: December 31, 2015 September 30, 2015 Single family $ 365 $ 340 Multifamily — — Commercial real estate — — Construction and land development — — Commercial business — — Consumer and other: Home equity lines of credit 39 203 Education 146 260 Other — — $ 550 $ 803 As part of the on-going monitoring of the credit quality of the Company’s loan portfolio, management categorizes loans into risk categories based on relevant information about the ability of the borrowers to service their debt and comply with various terms of their underlying loan agreements. The Company considers current financial information, historical payment experience, credit documentation, public information and current economic trends when classifying its loans into risk categories. Generally, all sizable credits receive a financial review no less than annually to monitor and adjust, if necessary, the credit’s risk profile. Credits classified as special mention, substandard or doubtful generally receive a review more frequently than annually. The Company categorizes performing, potential problem, and problem loans into the following risk categories based on relevant information about the ability of borrowers to service their debt: Pass — A pass asset is well protected by the current worth and paying capacity of the obligor (or guarantors, if any) or by the fair value, less costs to acquire and sell in a timely manner, of any underlying collateral. Watch — A watch asset has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the Company’s credit position at some future date. Watch assets are a sub-category of Pass which do not expose the Company to sufficient risk to warrant further classification. Special Mention — A special mention asset has characteristics of deterioration in quality exhibited by any number of well-defined weaknesses requiring significant corrective action. The repayment ability of the borrower has not been validated, or has become marginal or weak, and the loan may have exhibited some overdue payments or payment extensions and/or renewals. Substandard — A substandard asset is an asset with a well-defined weakness that jeopardizes repayment, in whole or in part, of the debt. These credits are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged. These assets are characterized by the distinct possibility that the Company will or has sustained some loss of principal and/or interest if the deficiencies are not corrected. Doubtful — A doubtful asset is an asset that has all the weaknesses inherent in the substandard classification with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. These credits have a high probability for loss, yet because certain important and reasonably specific pending factors may work toward the strengthening of the asset, its classification of loss is deferred until its more exact status can be determined. Homogeneous loan types are assessed for credit quality based on the contractual aging status of the loan and payment activity. In certain cases, based upon payment performance, the loan being related with another commercial type loan or for other reasons, a loan may be categorized into one of the risk categories noted above, unless such loan carries private mortgage insurance (PMI). Such assessment is completed at the end of each reporting period. The following tables present the risk category of loans evaluated by internal asset classification based on the most recent analysis performed by the Company and the contractual aging as of December 31, 2015 and September 30, 2015: December 31, 2015 Pass Watch Special Mention Substandard Doubtful Total Single family $ 148,286 $ 937 $ — $ 1,767 $ — $ 150,990 Multifamily 112,272 6,417 — — — 118,689 Commercial real estate 159,122 3,682 407 304 — 163,515 Construction and land development 17,163 — — — — 17,163 Commercial business 31,803 — — 63 — 31,866 Consumer and other: Home equity lines of credit 14,854 — — 123 — 14,977 Education 3,845 — — — — 3,845 Other 549 — — — — 549 Total $ 487,894 $ 11,036 $ 407 $ 2,257 $ — $ 501,594 September 30, 2015 Pass Watch Special Mention Substandard Doubtful Total Single family $ 150,421 $ 1,135 $ — $ 1,585 $ — $ 153,141 Multifamily 103,117 2,633 — — — 105,750 Commercial real estate 159,104 3,136 410 307 — 162,957 Construction and land development 18,831 — — — — 18,831 Commercial business 36,561 — — 1,639 — 38,200 Consumer and other: Home equity lines of credit 14,636 — — 245 — 14,881 Education 4,106 — — — — 4,106 Other 523 — — — — 523 $ 487,299 $ 6,904 $ 410 $ 3,776 $ — $ 498,389 The following tables provide additional detail of the activity in the allowance for loan losses, by portfolio segment, for the three months ended December 31, 2015 and 2014: Three Months Ended December 31, 2015 Single Family Multifamily Commercial Real Estate Construction and Land Development Commercial Business Consumer and Other Total Allowance for loan losses: Beginning balance $ 1,073 $ 1,013 $ 1,604 $ 330 $ 498 $ 80 $ 4,598 Provision for loan losses (42 ) 327 47 14 (200 ) 4 150 Loans charged-off — — — — — (10 ) (10 ) Recoveries — — 1 — 4 4 9 Ending balance $ 1,031 $ 1,340 $ 1,652 $ 344 $ 302 $ 78 $ 4,747 Period-ended amount allocated for: Individually evaluated for impairment $ 23 $ — $ — $ — $ — $ 55 $ 78 Collectively evaluated for impairment 1,008 1,340 1,652 344 302 23 4,669 Ending Balance $ 1,031 $ 1,340 $ 1,652 $ 344 $ 302 $ 78 $ 4,747 Loans: Individually evaluated for impairment $ 1,605 $ 1,816 $ — $ — $ — $ 94 $ 3,515 Collectively evaluated for impairment 149,385 116,873 163,515 17,163 31,866 19,277 498,079 Ending Balance $ 150,990 $ 118,689 $ 163,515 $ 17,163 $ 31,866 $ 19,371 $ 501,594 Three Months Ended Single Family Multifamily Commercial Construction and Commercial Consumer Total Allowance for loan losses: Beginning balance $ 1,072 $ 757 $ 1,412 $ 301 $ 454 $ 76 $ 4,072 Provision for loan losses 103 175 15 66 (34 ) 25 350 Loans charged-off (161 ) — (48 ) — (14 ) (2 ) (225 ) Recoveries 11 — 9 — 6 1 27 Ending balance $ 1,025 $ 932 $ 1,388 $ 367 $ 412 $ 100 $ 4,224 Period-ended amount allocated for: Individually evaluated for impairment $ 45 $ — $ — $ — $ — $ 58 $ 103 Collectively evaluated for impairment 980 932 1,388 367 412 42 4,121 Ending Balance $ 1,025 $ 932 $ 1,388 $ 367 $ 412 $ 100 $ 4,224 Loans: Individually evaluated for impairment $ 1,542 $ 1,894 $ 558 $ — $ — $ 360 $ 4,354 Collectively evaluated for impairment 146,525 81,087 138,996 19,127 32,477 20,154 438,366 Ending Balance $ 148,067 $ 82,981 $ 139,554 $ 19,127 $ 32,477 $ 20,514 $ 442,720 The following tables present additional detail of impaired loans, segregated by segment, as of and for the three month periods ended December 31, 2015 and 2014. The unpaid principal balance represents the recorded balance prior to any partial charge-offs on the loans. The recorded investment represents customer balances net of any partial charge-offs recognized on the loans. The interest income recognized column represents all interest income on a loan reported on either a cash or accrual basis after the loan became impaired. Three months ended December 31, 2015 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Single family $ 1,338 $ 1,194 $ — $ 1,189 $ 14 Multifamily 1,889 1,816 — 1,824 19 Commercial real estate — — — — — Construction and land development — — — — — Commercial business — — — — — Consumer and other 117 39 — 105 — With an allowance recorded: Single family 411 411 23 412 3 Multifamily — — — — — Commercial real estate — — — — — Construction and land development — — — — — Commercial business — — — — — Consumer and other 55 55 55 55 1 $ 3,810 $ 3,515 $ 78 $ 3,585 $ 37 Three months ended December 31, 2014 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Single family $ 1,363 $ 1,148 $ — $ 1,274 $ 11 Multifamily 1,998 1,894 — 3,484 20 Commercial real estate 629 558 — 1,118 8 Construction and land development — — — — — Commercial business — — — — — Consumer and other 401 302 — 223 — With an allowance recorded: Single family 417 394 45 758 3 Multifamily — — — 86 — Commercial real estate — — — 90 — Construction and land development — — — 96 — Commercial business — — — — — Consumer and other 58 58 58 60 1 $ 4,866 $ 4,354 $ 103 $ 7,189 $ 43 The following is a summary of troubled debt restructured loans (TDRs) at December 31, 2015 and September 30, 2015: December 31, 2015 September 30, 2015 Troubled debt restructurings - accrual $ 3,111 $ 3,134 Troubled debt restructurings - nonaccrual — — $ 3,111 $ 3,134 Modifications of loan terms as a TDR are generally in the form of an extension of payment terms or lowering of the interest rate, although occasionally the Company has reduced the outstanding principal balance. There were no loans modified as a TDR during the three months ended December 31, 2015 and 2014. There were no re-defaults of TDRs that occurred during the three months ended December 31, 2015 and 2014. Certain of the Bank’s executive officers, directors, and their associates are loan customers of the Bank. As of December 31, 2015 and September 30, 2015, loans of approximately $3,628 and $3,334 , respectively, were outstanding to such parties. These loans were underwritten to the same standards as those used for comparable transactions with other persons and do not involve more than the normal risk of collectability. An analysis of such loans is as follows: Three Months Ended December 31, 2015 Balance, beginning $ 3,334 New loans originated — Draws on lines of credit 47 Principal repayments (122 ) Other 1 369 Balance, ending $ 3,628 1 Officer, with existing loan, was promoted to executive officer position during the period.

Deposits

Deposits	3 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	Deposits The following table presents the composition of deposits as of: December 31, 2015 September 30, 2015 Amount Percent Amount Percent Checking Accounts: Noninterest bearing $ 108,370 19.48 % $ 101,486 19.11 % Interest bearing 137,272 24.68 % 131,968 24.85 % 245,642 44.16 % 233,454 43.96 % Passbook and Statement Savings 125,836 22.63 % 127,431 24.00 % Variable Rate Money Market Accounts 55,546 9.99 % 47,876 9.02 % Certificates of Deposit 129,120 23.22 % 122,259 23.02 % $ 556,144 100.00 % $ 531,020 100.00 % Certificates of deposit over one hundred thousand dollars totaled $71,736 and $64,155 as of December 31, 2015 and September 30, 2015, respectively. Of these amounts, $10,498 and $8,775 are equal to or greater than two hundred fifty thousand dollars as of December 31, 2015 and September 30, 2015, respectively.

Regulatory Capital

Regulatory Capital	3 Months Ended
	Dec. 31, 2015
Regulatory Capital Requirements [Abstract]
Regulatory Capital	Regulatory Capital The federal banking agencies have adopted regulations that substantially amend the capital regulations currently applicable to us. These regulations implement the Basel III regulatory capital reforms and changes required by the Dodd-Frank Act. Effective January 1, 2015 (with some changes transitioned into full effectiveness over two to four years), the Bank became subject to new capital requirements adopted by the OCC. These new requirements (1) create a new required ratio for common equity Tier 1 ("CETI") capital, (2) increase the leverage and Tier 1 capital ratios, (3) change the risk weight of certain assets for purposes of the risk-based capital ratios, (4) create an additional capital conservation buffer over the required capital ratios and (5) change what qualifies as capital for purposes of meeting these various capital requirements. Beginning in 2016, failure to maintain the required capital conservation buffer limits the ability of the Bank to pay dividends, repurchase shares or pay discretionary bonuses. The Company is exempt from consolidated capital requirements as those requirements do not apply to certain small savings and loan holding companies with assets under $1 billion. Under the new capital regulations, the minimum capital ratios are: (1) CETI capital ratio of 4.5% of risk-weighted assets; (2) a Tier 1 capital ratio of 6.0% of risk-weighted assets: (3) a total capital ratio of 8.0% of risk-weighted assets; and (4) a leverage ratio of 4.0%. CETI generally consists of common stock and retained earnings, subject to applicable regulatory adjustments and deductions. There are a number of changes imposed under the new regulations in what constitutes regulatory capital, some of which are subject to transition periods. These changes include the phasing-out of certain instruments as qualifying capital. The Bank does not use any of these instruments. Under the new requirements for total capital, Tier 2 capital is no longer limited to the amount of Tier 1 capital included in total capital. Mortgage servicing rights, certain deferred tax assets and investments in unconsolidated subsidiaries over designated percentages of CETI will be deducted from capital. The Bank has elected to permanently opt-out of the inclusion of accumulated other comprehensive income in our capital calculations, as permitted by the regulations. We believe this opt-out will reduce the impact of market volatility on our regulatory capital levels. The new requirements also include changes in the risk-weights of assets to better reflect credit risk and other risk exposures. These include a 150% risk weight (increased from 100%) for certain high volatility commercial real estate acquisition, development and construction loans and for non-residential mortgage loans that are 90 days past due or otherwise in non-accrual status; a 20% (increased from 0%) credit conversion factor for the unused portion of a commitment with an original maturity of one year or less that is not unconditionally cancellable; a 250% risk weight (increased from 100%) for mortgage servicing and deferred tax assets that are not deducted from capital; and increased risk weights (0% to 600%) for equity exposures. In addition to the minimum CETI, Tier 1 and total capital ratios, the Bank will have to maintain a capital conservation buffer consisting of additional CETI capital greater than 2.5% of risk-weighted assets above the required minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions. This new capital conservation buffer requirement will be phased in beginning in January 2016 at 0.625% of risk-weighted assets and increasing each year until fully implemented in January 2019. Additionally, the OCC's prompt corrective action standards changed effective January 1, 2015. Under the new standards, in order to be considered well-capitalized, the Bank must have a CETI ratio of 6.5% (new), a Tier 1 ratio of 8.0% (increased from 6.0%), a total risk-based capital ratio of 10.0% (unchanged) and a leverage ratio of 5.0% (unchanged). As of December 31, 2015 the Bank met all these new requirements, including the full capital conservation buffer. The Bank’s actual capital amounts and ratios and those required by the regulatory standards in effect as of the dates presented were as follows: At December 31, 2015 Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio CETI capital (to risk-weighted assets) - Westbury Bank $ 64,178 12.09 % $ 23,888 4.50 % $ 34,504 6.50 % Tier 1 capital (to risk-weighted assets) - Westbury Bank 64,178 12.09 % 31,850 6.00 % 42,467 8.00 % Total capital (to risk-weighted assets) - Westbury Bank 68,925 12.99 % 42,448 8.00 % 53,060 10.00 % Leverage (to adjusted total assets) - Westbury Bank 64,178 9.77 % 26,276 4.00 % 32,844 5.00 % At September 30, 2015 Actual For Capital Adequacy To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio CET1 capital (to risk-weighted assets) - Westbury Bank $ 64,155 12.25 % $ 23,567 4.50 % $ 34,041 6.50 % Tier 1 capital (to risk-weighted assets) - Westbury Bank 64,155 12.25 % 31,423 6.00 % 41,897 8.00 % Total capital (to risk-weighted assets) - Westbury Bank 68,753 13.12 % 41,923 8.00 % 52,403 10.00 % Leverage (to adjusted total assets) - Westbury Bank 64,155 10.01 % 25,636 4.00 % 32,045 5.00 % The following table reconciles the Bank’s stockholders’ equity to regulatory capital as of December 31, 2015 and September 30, 2015: December 31, 2015 September 30, 2015 Stockholder's equity of the Bank $ 70,087 $ 70,976 Less: Unrealized (gain) loss on securities 239 (352 ) Disallowed investment in subsidiary (3,296 ) (3,296 ) Disallowed deferred tax assets (2,852 ) (3,173 ) Tier 1, CETI and tangible capital 64,178 64,155 Plus: Allowable general valuation allowances 4,747 4,598 Total capital $ 68,925 $ 68,753

Commitments

Commitments	3 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments	Commitments The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the accompanying consolidated balance sheets. The contractual amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instruments for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Company management has determined that the following instruments were outstanding, whose contract amounts represent credit risk: December 31, 2015 September 30, Commitments to extend mortgage credit: Fixed rate $ 17,829 $ 8,443 Adjustable rate 48 9,929 Unused commercial loan lines of credit 64,378 54,225 Unused home equity line of credit 25,580 26,164 Standby letters of credit 763 884 Commitment to sell loans 973 431 Commitments to extend credit are agreements to lend funds to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. As some such commitments expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The Company generally extends credit only on a secured basis. Collateral obtained varies but consists primarily of single family residences. Unfunded commitments under lines of credit are commitments for possible future extensions of credit to existing customers. These lines of credit may be uncollateralized and ultimately may not be drawn upon to the total extent to which the Company is committed. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those letters of credit are primarily issued to support public and private borrowing arrangements, and, generally, have terms of one year or less. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company holds collateral supporting those commitments if deemed necessary. In the event the customer does not perform in accordance with the terms of the agreement with the third party, the Company would be required to fund the commitment. The maximum potential amount of future payments the Company could be required to make is represented by the contractual amount shown in the summary above. If the commitment is funded, the Company would be entitled to seek recovery from the customer. At December 31, 2015 and September 30, 2015, no amounts have been recorded as liabilities for the Company’s potential obligations under these guarantees. Commitments to sell loans are commitments to sell single family mortgage loans to investors on the secondary market.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements ASC Topic 820, Fair Value Measurements and Disclosures , defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC Topic 820 requires the use of valuation techniques that are consistent with the market approach, the income approach and/or the cost approach. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. In that regard, ASC Topic 820 establishes a fair value hierarchy for valuation inputs that gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. A description of the valuation methodologies used for instruments measured at fair value, as well as the general classification of such instruments pursuant to the fair value hierarchy, is set forth below. Securities available-for-sale : The fair value of the Company’s securities available-for-sale is determined using Level 2 inputs, which are derived from readily available pricing sources and third-party pricing services for comparable instruments. The fair value measurements consider observable data that may include dealer quotes, market spreads, cash flows, treasury yield curves, trading levels, credit information and credit terms, among other factors. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the fair value hierarchy. Derivatives : The fair values of the Company’s embedded derivatives related to certain certificates of deposit are determined using inputs that are observable or that can be corroborated by observable market data (such as the S&P 500 Index and the 10 - year U.S. Treasury rate) and, therefore, are classified within Level 2 of the fair value hierarchy. Assets and liabilities recorded at fair value on a recurring basis : The following table summarizes assets measured at fair value on a recurring basis, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value as of: Fair Value Measurements December 31, 2015 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets Securities available-for-sale U.S. Government and agency securities $ 25 $ — $ 25 $ — U.S. Government agency residential mortgage-backed securities 38,975 — 38,975 — U.S. Government agency collateralized mortgage obligations 1,815 — 1,815 — U.S. Government agency commercial mortgage-backed securities 15,945 — 15,945 — Municipal securities 23,632 — 23,632 — Corporate Bonds 3,845 — 3,845 — Total securities available-for-sale $ 84,237 $ — $ 84,237 $ — Derivatives $ 108 $ — $ 108 $ — Liabilities Derivatives $ 108 $ — $ 108 $ — Fair Value Measurements September 30, 2015 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Assets Securities available-for-sale U.S. Government and agency securities $ 25 $ — $ 25 $ — U.S. Government agency residential mortgage-backed securities 39,692 — 39,692 — U.S. Government agency collateralized mortgage obligations 1,941 — 1,941 — U.S. Government agency commercial mortgage-backed securities 14,099 — 14,099 — Municipal securities 21,667 — 21,667 — Corporate Bonds 2,862 — 2,862 — Total securities available-for-sale $ 80,286 $ — $ 80,286 $ — Derivatives $ 110 $ — $ 110 $ — Liabilities Derivatives $ 110 $ — $ 110 $ — The Company did not have any transfers between Level 1, Level 2, and Level 3 of the fair value hierarchy during the three months ended December 31, 2015. The Company’s policy for determining transfers between levels occurs at the end of the reporting period when circumstances in the underlying valuation criteria change and, therefore, result in a transfer between levels. Assets recorded at fair value on a nonrecurring basis : The Company may be required, from time to time, to measure certain instruments at fair value on a nonrecurring basis in accordance with U.S. generally accepted accounting principles. Impaired loans : The Company does not record loans at fair value on a recurring basis. The specific reserves for collateral-dependent impaired loans are based on the fair value of the collateral less estimated costs to sell. The fair value of collateral is determined based on appraisals. In some cases, adjustments were made to the appraised values due to various factors including age of the appraisal, age of comparables included in the appraisal, and known changes in the market and in the collateral. When significant adjustments were based on unobservable inputs, the resulting fair value measurement has been categorized as a Level 3 measurement. Impaired loans with a carrying amount of $466 and $467 had a valuation allowance of $78 and $77 included in the allowance for loan losses to reflect their fair value as of December 31, 2015 and September 30, 2015, respectively. Foreclosed real estate : The Company does not record foreclosed real estate owned at a fair value on a recurring basis. The fair value of foreclosed real estate was determined using Level 3 inputs based on appraisals or broker pricing opinions. In some cases, adjustments were made to these values due to various factors including the age of the appraisal, age of comparables included in the appraisal, and known changes in the market and in collateral. Foreclosed real estate is measured at fair value less estimated costs to sell at the date of foreclosure. Subsequent to foreclosure, additional writedowns may be recorded based on changes to the fair value of the assets. Mortgage servicing rights : Mortgage servicing rights ("MSRs") do not trade in an active, open market with readily observable prices. While sales of MSRs do occur, the precise terms and conditions typically are not readily available. Accordingly, the Company estimates the fair value of MSRs using discounted cash flow models incorporating numerous assumptions from the perspective of market participants including servicing income, servicing costs, market discount rates, prepayments speeds, and default rates. Due to the nature of the valuation inputs, MSRs are classified within Level 3 of the valuation hierarchy. As of December 31, 2015, mortgage servicing rights with a carrying amount of $1,241 had a valuation allowance of $105 to reflect their fair value of $1,136 . As of September 30, 2015, mortgage servicing rights with a carrying amount of $1,315 had a valuation allowance of $105 to reflect their fair value of $1,210 . Real estate held for sale: The Company does not record real estate held for sale at a fair value on a recurring basis. The fair value of real estate held for sale was determined using Level 3 inputs based on appraisals or broker pricing opinions. In some cases, adjustments were made to these values due to various factors including the age of the appraisal, age of comparables included in the appraisal, and known changes in the market. Real estate held for sale is measured at fair value less estimated costs to sell at the time of transfer. Subsequent to transfer, additional writedowns may be recorded based on changes to the fair value of the assets. Fair Value Measurements December 31, 2015 Total Quoted Prices in Significant Other Significant Other Assets Impaired loans $ 388 $ — $ — $ 388 Foreclosed real estate 168 — — 168 Mortgage servicing rights 1,136 — — 1,136 Real estate held for sale 808 — — 808 Fair Value Measurements September 30, 2015 Total Quoted Prices in Significant Other Significant Other Assets Impaired loans $ 390 $ — $ — $ 390 Foreclosed real estate 283 — — 283 Mortgage servicing rights 1,210 — — 1,210 Real estate held for sale 882 — — 882 Disclosure of fair value information about financial instruments, for which it is practicable to estimate that value, is required whether or not recognized in the consolidated balance sheets. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate settlement of the instruments. Certain financial instruments with a fair value that is not practicable to estimate and all non-financial instruments are excluded from the disclosure requirements. Accordingly, the aggregate fair value amounts presented do not necessarily represent the underlying value of the Company for assets and liabilities not previously described. The Company, in estimating its fair value disclosures for financial instruments not described above, used the following methods and assumptions: Cash and cash equivalents : The carrying amounts of cash and cash equivalents reported in the consolidated balance sheets approximate those assets’ fair values. Securities held to maturity: The fair values of securities held to maturity are based on quoted market prices for similar securities, adjusted for differences in security characteristics. Loans : For variable-rate mortgage loans that re-price frequently and with no significant change in credit risk, fair values are based on carrying values. The fair values for fixed rate residential mortgage loans are based on quoted market prices for similar loans sold in conjunction with sale transactions, adjusted for differences in loan characteristics. The fair values for commercial real estate loans, rental property mortgage loans, and consumer and other loans are estimated using discounted cash flow analyses and using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Loans held for sale : Fair value of loans held for sale are based on commitments on hand from investors or prevailing market prices. Federal Home Loan Bank stock : The carrying amount of FHLB stock approximates its fair value based on the redemption provisions of the FHLB. Accrued interest receivable and payable : The carrying amounts of accrued interest receivable and payable approximate their fair values. Deposits : The fair value disclosed for interest-bearing and non-interest-bearing checking accounts, savings accounts, and money market accounts are equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). The fair values of fixed rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities of the outstanding certificates of deposit. Advances from the Federal Home Loan Bank : The fair values of FHLB advances are estimated using discounted cash flow analyses, based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements. Advance payments by borrowers for property taxes and insurance : The carrying amounts of the advance payments by borrowers for property taxes and insurance approximate their fair values. Mortgage banking derivatives : The fair value of commitments to originate mortgage loans held for sale is estimated by comparing the Company’s cost to acquire mortgages and the current price for similar mortgage loans, taking into account the terms of the commitments and the credit worthiness of the counterparties. The fair value of forward commitments to sell residential mortgage loans is the estimated amount that the Bank would receive or pay to terminate the forward delivery contract at the reporting date based on market prices for similar financial instruments. The fair value of these derivative financial instruments was not material at December 31, 2015 and September 30, 2015. The estimated fair values and related carrying amounts of the Company’s financial instruments as of the dates noted below were as follows: December 31, 2015 Carrying Amount Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Financial assets: Cash and cash equivalents $ 40,060 $ 40,060 $ 40,060 $ — $ — Securities available for sale 84,237 84,237 — 84,237 — Securities held to maturity 2,459 2,489 — 2,489 — Loans, net 496,545 496,075 — — 496,075 Loans held for sale, net 973 973 — 973 — Federal Home Loan Bank stock 3,350 3,350 — — 3,350 Mortgage servicing rights 1,136 1,136 — — 1,136 Accrued interest receivable 1,950 1,950 1,950 — — Derivative asset 108 108 — 108 — Financial liabilities: Deposits 556,144 530,251 108,370 — 421,881 Short-term advances from Federal Home Loan Bank 20,500 20,500 — 20,500 — Long-term advances from Federal Home Loan Bank 10,000 9,993 — — 9,993 Advance payments by borrowers for property taxes and insurance 146 146 146 — — Accrued interest payable 6 6 6 — — Derivative liability 108 108 — 108 — September 30, 2015 Carrying Estimated Fair Quoted Prices in Significant Other Significant Other Financial assets: Cash and cash equivalents $ 16,488 $ 16,488 $ 16,488 $ — $ — Securities available for sale 80,286 80,286 — 80,286 — Securities held to maturity 2,459 2,490 — 2,490 — Loans, net 493,425 493,480 — — 493,480 Loans held for sale, net 431 431 — 431 — Federal Home Loan Bank stock 3,350 3,350 — — 3,350 Mortgage servicing rights 1,210 1,210 — — 1,210 Accrued interest receivable 1,965 1,965 1,965 — — Derivative asset 110 110 — 110 — Financial liabilities: Deposits 531,020 508,339 101,486 — 406,853 Short-term advances from Federal Home Loan Bank 18,000 18,000 — 18,000 — Long-term advances from Federal Home Loan Bank — — — — — Advance payments by borrowers for property taxes and insurance 5,382 5,382 5,382 — — Accrued interest payable 5 5 5 — — Derivative liability 110 110 — 110 —

Employee Stock Ownership Plan

Employee Stock Ownership Plan	3 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Stock Ownership Plan	Employee Stock Ownership Plan The Bank maintains a leveraged employee stock ownership plan ("ESOP") that covers all employees meeting certain minimum age and service requirements. The ESOP was established in conjunction with the Company's stock offering completed in April 2013 and operates on a plan year ending December 31. The ESOP initially borrowed $4.1 million from the Company and used those funds to acquire 411,403 shares, or 8.0% of the total number of shares issued by the Company in its initial public offering. The shares were acquired at a price of $10.00 per share. The Bank makes annual contributions to the ESOP equal to the ESOP's debt service. The ESOP shares were pledged as collateral for its debt obligations to the Company. As the debt is repaid, shares are released from collateral and allocated to active participants, based on the proportion of debt service paid in the year. The debt repayment and release of shares generally occurs at December 31, the plan year end date. The Company accounts for its ESOP in accordance with ASC 718-40. Accordingly, because the debt is intercompany, it is eliminated in consolidation for presentation in these financial statements. The shares pledged as collateral are reported as unearned ESOP shares in the accompanying balance sheet. Total ESOP shares may be reduced as a result of employees leaving the Company as shares that have previously been released to those exiting employees may be removed from the ESOP and transferred to that employee. As shares are committed to be released from collateral, the Company reports compensation expense equal to the current market price of the released shares, and the released shares become outstanding for EPS computations. During each of the three months ended December 31, 2015 and 2014, 5,142 shares were committed to be released. The total ESOP compensation expense recorded for the three months ended December 31, 2015 and 2014 was $91 and $112 , respectively. The ESOP shares as of December 31, 2015 and September 30, 2015 were as follows (in thousands, except share data): December 31, 2015 September 30, 2015 Allocated shares to active participants 32,966 34,132 Shares committed to be released 20,570 15,428 Unallocated shares 349,693 354,835 Total ESOP shares 403,229 404,395 Fair value of unallocated shares $ 6,294 $ 6,323 Equity Compensation Plans ASC Topic 718 requires that the grant date fair value of equity awards to employees be recognized as compensation expense over the period during which an employee is required to provide service in exchange for such award. The following table summarizes the impact of the Company's share-based payment plans in the financial statements for the periods shown: Three Months Ended December 31, 2015 2014 Total cost of stock grant plan during the period $ 151 $ 155 Total cost of stock option plan during the period 57 46 Total cost of share-based payment plans during the period $ 208 $ 201 Amount of related income tax benefit recognized in income $ 82 $ 79 The Company adopted the Westbury Bancorp Inc 2014 Equity Incentive Plan (the "Plan") in 2014. In June 2014, the Company's stockholders approved the Plan which authorized the issuance under the Plan of up to 203,665 restricted stock awards and up to 509,162 stock options. As of December 31, 2015 there were 4,092 restricted stock awards and 101,753 options available for future grants under the Plan. Annual equity-based incentive awards are typically granted to selected officers and employees mid-year. Options are granted with an exercise price equal to no less than the market price of the Company's common shares at the date of grant: those option awards generally vest pro-rata over five years of service and have 10 -year contractual terms. Restricted shares and units typically vest pro-rata over a five year period. Equity awards may also be granted at other times throughout the year in connection with the recruitment and retention of officers and employees. The following table summarizes stock options outstanding for the three months ended December 31, 2015: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Options outstanding as of September 30, 2015 406,409 $ 15.68 Granted 1,000 17.60 Exercised 4,298 15.20 Expired or canceled — — Forfeited — — Options outstanding as of December 31, 2015 403,111 $ 15.69 8.73 $ 932 Options exercisable as of December 31, 2015 60,946 $ 15.20 8.50 $ 171 The fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model based on certain assumptions made by Company management. Expected volatility is based on historical volatility and the expectations of future volatility of Company shares. The risk free interest rate for periods within the contractual term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The expected life of options is estimated based on historical employee behavior and represents the period of time that options granted are expected to remain outstanding. The following assumptions were used for options granted during the three months ended December 31: 2015 2014 Risk-free interest rate 1.99 % — % Expected volatility of Company's stock 7.44 % — % Expected dividend yield — % — % Expected life of options (years) 7.5 0.0 Weighted average fair value per option of options granted during the period $ 2.89 $ — The total intrinsic value of options exercised during each of the three months ended December 31, 2015 and 2014 was $10 and $0 . The following is a summary of changes in restricted shares for the three months ended December 31, 2015: Number of Shares Weighted Average Grant Date Fair Value Shares Outstanding at September 30, 2015 158,052 $ 15.20 Granted 1,000 17.60 Vested — — Forfeited — — Shares Outstanding at December 31, 2015 159,052 $ 15.22 The total intrinsic value of restricted shares that vested during the three months ended December 31, 2015 and 2014 was $0 . As of December 31, 2015, there was $3.1 million of total unrecognized compensation cost related to nonvested share-based compensation arrangements (including share option and nonvested share awards) granted under the Plan. At December 31, 2015, the weighted-average period over which the unrecognized compensation expense is expected to be recognized was approximately 3.6 years.

Compensation Equity Plans

Compensation Equity Plans	3 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Compensation Equity Plans	Employee Stock Ownership Plan The Bank maintains a leveraged employee stock ownership plan ("ESOP") that covers all employees meeting certain minimum age and service requirements. The ESOP was established in conjunction with the Company's stock offering completed in April 2013 and operates on a plan year ending December 31. The ESOP initially borrowed $4.1 million from the Company and used those funds to acquire 411,403 shares, or 8.0% of the total number of shares issued by the Company in its initial public offering. The shares were acquired at a price of $10.00 per share. The Bank makes annual contributions to the ESOP equal to the ESOP's debt service. The ESOP shares were pledged as collateral for its debt obligations to the Company. As the debt is repaid, shares are released from collateral and allocated to active participants, based on the proportion of debt service paid in the year. The debt repayment and release of shares generally occurs at December 31, the plan year end date. The Company accounts for its ESOP in accordance with ASC 718-40. Accordingly, because the debt is intercompany, it is eliminated in consolidation for presentation in these financial statements. The shares pledged as collateral are reported as unearned ESOP shares in the accompanying balance sheet. Total ESOP shares may be reduced as a result of employees leaving the Company as shares that have previously been released to those exiting employees may be removed from the ESOP and transferred to that employee. As shares are committed to be released from collateral, the Company reports compensation expense equal to the current market price of the released shares, and the released shares become outstanding for EPS computations. During each of the three months ended December 31, 2015 and 2014, 5,142 shares were committed to be released. The total ESOP compensation expense recorded for the three months ended December 31, 2015 and 2014 was $91 and $112 , respectively. The ESOP shares as of December 31, 2015 and September 30, 2015 were as follows (in thousands, except share data): December 31, 2015 September 30, 2015 Allocated shares to active participants 32,966 34,132 Shares committed to be released 20,570 15,428 Unallocated shares 349,693 354,835 Total ESOP shares 403,229 404,395 Fair value of unallocated shares $ 6,294 $ 6,323 Equity Compensation Plans ASC Topic 718 requires that the grant date fair value of equity awards to employees be recognized as compensation expense over the period during which an employee is required to provide service in exchange for such award. The following table summarizes the impact of the Company's share-based payment plans in the financial statements for the periods shown: Three Months Ended December 31, 2015 2014 Total cost of stock grant plan during the period $ 151 $ 155 Total cost of stock option plan during the period 57 46 Total cost of share-based payment plans during the period $ 208 $ 201 Amount of related income tax benefit recognized in income $ 82 $ 79 The Company adopted the Westbury Bancorp Inc 2014 Equity Incentive Plan (the "Plan") in 2014. In June 2014, the Company's stockholders approved the Plan which authorized the issuance under the Plan of up to 203,665 restricted stock awards and up to 509,162 stock options. As of December 31, 2015 there were 4,092 restricted stock awards and 101,753 options available for future grants under the Plan. Annual equity-based incentive awards are typically granted to selected officers and employees mid-year. Options are granted with an exercise price equal to no less than the market price of the Company's common shares at the date of grant: those option awards generally vest pro-rata over five years of service and have 10 -year contractual terms. Restricted shares and units typically vest pro-rata over a five year period. Equity awards may also be granted at other times throughout the year in connection with the recruitment and retention of officers and employees. The following table summarizes stock options outstanding for the three months ended December 31, 2015: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Options outstanding as of September 30, 2015 406,409 $ 15.68 Granted 1,000 17.60 Exercised 4,298 15.20 Expired or canceled — — Forfeited — — Options outstanding as of December 31, 2015 403,111 $ 15.69 8.73 $ 932 Options exercisable as of December 31, 2015 60,946 $ 15.20 8.50 $ 171 The fair value of each option award is estimated on the date of grant using the Black-Scholes option pricing model based on certain assumptions made by Company management. Expected volatility is based on historical volatility and the expectations of future volatility of Company shares. The risk free interest rate for periods within the contractual term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. The expected life of options is estimated based on historical employee behavior and represents the period of time that options granted are expected to remain outstanding. The following assumptions were used for options granted during the three months ended December 31: 2015 2014 Risk-free interest rate 1.99 % — % Expected volatility of Company's stock 7.44 % — % Expected dividend yield — % — % Expected life of options (years) 7.5 0.0 Weighted average fair value per option of options granted during the period $ 2.89 $ — The total intrinsic value of options exercised during each of the three months ended December 31, 2015 and 2014 was $10 and $0 . The following is a summary of changes in restricted shares for the three months ended December 31, 2015: Number of Shares Weighted Average Grant Date Fair Value Shares Outstanding at September 30, 2015 158,052 $ 15.20 Granted 1,000 17.60 Vested — — Forfeited — — Shares Outstanding at December 31, 2015 159,052 $ 15.22 The total intrinsic value of restricted shares that vested during the three months ended December 31, 2015 and 2014 was $0 . As of December 31, 2015, there was $3.1 million of total unrecognized compensation cost related to nonvested share-based compensation arrangements (including share option and nonvested share awards) granted under the Plan. At December 31, 2015, the weighted-average period over which the unrecognized compensation expense is expected to be recognized was approximately 3.6 years.

Condensed Parent Company Financ

Condensed Parent Company Financial Information	3 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Parent Company Financial Information	Condensed Parent Company Financial Information The condensed financial statements of Westbury Bancorp, Inc. (parent company only) are presented below: Balance Sheets December 31, September 30, 2015 2015 Assets Cash and interest bearing deposits $ 3,324 $ 1,440 Investments 86 115 Loan to ESOP 3,620 3,778 Investment in subsidiary 73,220 74,201 Other assets 2,127 2,660 Total assets $ 82,377 $ 82,194 Liabilities and Stockholders' Equity Total liabilities $ 125 $ 157 Stockholders' equity 82,252 82,037 Total liabilities and stockholders' equity $ 82,377 $ 82,194 Statements of Operations Three Months Ended December 31, 2015 2014 Interest and other income $ 32 $ 63 Interest and other expense 121 184 Loss before income tax benefit and equity in undistributed net income of subsidiary (89 ) (121 ) Income tax benefit (18 ) (30 ) Loss before equity in undistributed net income of subsidiary (71 ) (91 ) Equity in undistributed net income of subsidiary 1,110 538 Net income $ 1,039 $ 447 Statements of Cash Flows For Three Months Ended December 31, 2015 2014 Cash Flows From Operating Activities Net income $ 1,039 $ 447 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of subsidiary (1,110 ) (538 ) Net change in other liabilities (32 ) 15 Net change in other assets 742 124 Net cash provided by operating activities 639 48 Cash Flows From Investing Activities Purchase of securities — (376 ) Sales and maturities of securities 29 212 Payments received on ESOP loan 158 153 Dividend received from bank subsidiary 1,500 — Net cash provided by (used in) investing activities 1,687 (11 ) Cash Flows From Financing Activities Stock options exercised 64 — Repurchase of common stock (506 ) (833 ) Net cash used in financing activities (442 ) (833 ) Net increase (decrease) in cash 1,884 (796 ) Cash Beginning of period 1,440 6,878 End of period $ 3,324 $ 6,082

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of calculated earnings per share, basic and diluted	The following table presents a reconciliation of the number of shares used in the calculation of basic and diluted earnings per common share (in thousands, except share and per share data). Three Months Ended December 31, 2015 2014 Net income $ 1,039 $ 447 Basic potential common shares: Weighted average shares outstanding 4,166,780 4,833,308 Weighted average unallocated ESOP shares (353,122 ) (373,692 ) Basic weighted average shares outstanding 3,813,658 4,459,616 Dilutive effect of equity awards 30,274 15,975 Diluted weighted average shares outstanding 3,843,932 4,475,591 Basic income per share $ 0.27 $ 0.10 Diluted income per share $ 0.27 $ 0.10

Investment Securitites (Tables)

Investment Securitites (Tables)	3 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized costs and fair values of securities available-for-sale	The amortized cost and fair value of investment securities are summarized as follows: December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Available for Sale U.S. Government and agency securities $ 24 $ 1 $ — $ 25 U.S. Government agency residential mortgage-backed securities 39,027 264 (316 ) 38,975 U.S. Government agency collateralized mortgage obligations 1,857 6 (48 ) 1,815 U.S. Government agency commercial mortgage-backed securities 16,126 3 (184 ) 15,945 Municipal securities 23,709 80 (157 ) 23,632 Corporate securities 3,885 4 (44 ) 3,845 Total Available for Sale 84,628 358 (749 ) 84,237 Held to Maturity Municipal securities 2,459 30 — 2,489 Total Investment Securities $ 87,087 $ 388 $ (749 ) $ 86,726 September 30, 2015 Amortized Gross Gross Fair Available for Sale U.S. Government and agency securities $ 24 $ 1 $ — $ 25 U.S. Government agency residential mortgage-backed securities 39,380 456 (144 ) 39,692 U.S. Government agency collateralized mortgage obligations 1,963 18 (40 ) 1,941 U.S. Government agency commercial mortgage-backed securities 13,993 121 (15 ) 14,099 Municipal securities 21,494 222 (49 ) 21,667 Corporate securities 2,852 12 (2 ) 2,862 Total Available for Sale 79,706 830 (250 ) 80,286 Held to Maturity Municipal securities 2,459 31 — 2,490 Total Investment Securities $ 82,165 $ 861 $ (250 ) $ 82,776
Schedule of amortized cost and estimated fair value of investment securities by contractual maturity	The amortized cost and fair value of investment securities, by contractual maturity at December 31, 2015 are shown in the following table. Actual maturities differ from contractual maturities for mortgage-backed securities because the mortgages underlying the securities may be called or repaid without penalty. Therefore, these securities are not presented in the maturity categories in the table below. December 31, 2015 Amortized Cost Fair Value Available for sale: Due in one year or less $ 2,218 $ 2,222 Due after one year through five years 10,194 10,225 Due after five years through ten years 14,699 14,555 Due after ten years 507 500 U.S. Government agency collateralized mortgage obligations 1,857 1,815 U.S. Government agency residential mortgage-backed securities 39,027 38,975 U.S. Government agency commercial mortgage-backed securities 16,126 15,945 84,628 84,237 Held to maturity: Due in one year or less 166 166 Due after one year through five years 690 693 Due after five years through ten years 954 969 Due after ten years 649 661 2,459 2,489 Total $ 87,087 $ 86,726
Schedule of investment securities in an unrealized loss position	Information pertaining to securities with gross unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized as follows: December 31, 2015 Less than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Unrealized Fair Unrealized U.S. Government and agency securities $ — $ — $ — $ — $ — $ — U.S. Government agency residential mortgage-backed securities 20,528 (174 ) 5,319 (142 ) 25,847 (316 ) U.S. Government agency collateralized mortgage obligations — — 608 (48 ) 608 (48 ) U.S Government agency commercial mortgage-backed securities 14,954 (184 ) — — 14,954 (184 ) Municipal securities 14,659 (151 ) 149 (6 ) 14,808 (157 ) Corporate securities 2,833 (44 ) — — 2,833 (44 ) $ 52,974 $ (553 ) $ 6,076 $ (196 ) $ 59,050 $ (749 ) September 30, 2015 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized U.S. Government and agency securities $ — $ — $ — $ — $ — $ — U.S. Government agency residential mortgage-backed securities 7,270 (59 ) 6,168 (85 ) 13,438 (144 ) U.S. Government agency collateralized mortgage obligations — — 627 (40 ) 627 (40 ) U.S. Government agency commercial mortgage-backed securities 3,511 (15 ) — — 3,511 (15 ) Municipal securities 3,661 (45 ) 151 (4 ) 3,812 (49 ) Corporate securities 510 (2 ) — — 510 (2 ) $ 14,952 $ (121 ) $ 6,946 $ (129 ) $ 21,898 $ (250 )

Loans (Tables)

Loans (Tables)	3 Months Ended
	Dec. 31, 2015
Loans
Summary of balances of loans	A summary of the balances of loans follows: December 31, 2015 September 30, Real estate: Single family $ 150,990 $ 153,141 Multifamily 118,689 105,750 Commercial real estate 163,515 162,957 Construction and land development 17,163 18,831 Total real estate 450,357 440,679 Commercial business 31,866 38,200 Consumer: Home equity lines of credit 14,977 14,881 Education 3,845 4,106 Other 549 523 Total consumer 19,371 19,510 Total loans 501,594 498,389 Less: Net deferred loan fees 302 366 Allowance for loan losses 4,747 4,598 Net loans $ 496,545 $ 493,425
Schedule of contractual aging of recorded investment in past due loans	The following tables present the contractual aging of the Company's recorded investment in past due loans by class of loans as of December 31, 2015 and September 30, 2015: December 31, 2015 Current 30-59 Days Past Due 60-89 Days Past Due Loans Past or More Total Single family $ 149,929 $ 696 $ — $ 365 $ 150,990 Multifamily 118,689 — — — 118,689 Commercial real estate 163,515 — — — 163,515 Construction and land development 17,163 — — — 17,163 Commercial business 31,860 6 — — 31,866 Consumer and other: Home equity lines of credit 14,950 — — 27 14,977 Education 3,675 24 40 106 3,845 Other 549 — — — 549 $ 500,330 $ 726 $ 40 $ 498 $ 501,594 September 30, 2015 Current 30-59 Days Past Due 60-89 Days Past Due Loans Past or More Total Single family $ 152,245 $ 473 $ 83 $ 340 $ 153,141 Multifamily 105,750 — — — 105,750 Commercial real estate 162,957 — — — 162,957 Construction and land development 18,827 4 — — 18,831 Commercial business 38,200 — — — 38,200 Consumer and other: Home equity lines of credit 14,691 — — 190 14,881 Education 3,782 79 — 245 4,106 Other 523 — — — 523 $ 496,975 $ 556 $ 83 $ 775 $ 498,389
Schedule of risk category of loans	The following tables present the risk category of loans evaluated by internal asset classification based on the most recent analysis performed by the Company and the contractual aging as of December 31, 2015 and September 30, 2015: December 31, 2015 Pass Watch Special Mention Substandard Doubtful Total Single family $ 148,286 $ 937 $ — $ 1,767 $ — $ 150,990 Multifamily 112,272 6,417 — — — 118,689 Commercial real estate 159,122 3,682 407 304 — 163,515 Construction and land development 17,163 — — — — 17,163 Commercial business 31,803 — — 63 — 31,866 Consumer and other: Home equity lines of credit 14,854 — — 123 — 14,977 Education 3,845 — — — — 3,845 Other 549 — — — — 549 Total $ 487,894 $ 11,036 $ 407 $ 2,257 $ — $ 501,594 September 30, 2015 Pass Watch Special Mention Substandard Doubtful Total Single family $ 150,421 $ 1,135 $ — $ 1,585 $ — $ 153,141 Multifamily 103,117 2,633 — — — 105,750 Commercial real estate 159,104 3,136 410 307 — 162,957 Construction and land development 18,831 — — — — 18,831 Commercial business 36,561 — — 1,639 — 38,200 Consumer and other: Home equity lines of credit 14,636 — — 245 — 14,881 Education 4,106 — — — — 4,106 Other 523 — — — — 523 $ 487,299 $ 6,904 $ 410 $ 3,776 $ — $ 498,389
Schedule of activity in the allowance for loan losses, by portfolio segment	The following tables provide additional detail of the activity in the allowance for loan losses, by portfolio segment, for the three months ended December 31, 2015 and 2014: Three Months Ended December 31, 2015 Single Family Multifamily Commercial Real Estate Construction and Land Development Commercial Business Consumer and Other Total Allowance for loan losses: Beginning balance $ 1,073 $ 1,013 $ 1,604 $ 330 $ 498 $ 80 $ 4,598 Provision for loan losses (42 ) 327 47 14 (200 ) 4 150 Loans charged-off — — — — — (10 ) (10 ) Recoveries — — 1 — 4 4 9 Ending balance $ 1,031 $ 1,340 $ 1,652 $ 344 $ 302 $ 78 $ 4,747 Period-ended amount allocated for: Individually evaluated for impairment $ 23 $ — $ — $ — $ — $ 55 $ 78 Collectively evaluated for impairment 1,008 1,340 1,652 344 302 23 4,669 Ending Balance $ 1,031 $ 1,340 $ 1,652 $ 344 $ 302 $ 78 $ 4,747 Loans: Individually evaluated for impairment $ 1,605 $ 1,816 $ — $ — $ — $ 94 $ 3,515 Collectively evaluated for impairment 149,385 116,873 163,515 17,163 31,866 19,277 498,079 Ending Balance $ 150,990 $ 118,689 $ 163,515 $ 17,163 $ 31,866 $ 19,371 $ 501,594 Three Months Ended Single Family Multifamily Commercial Construction and Commercial Consumer Total Allowance for loan losses: Beginning balance $ 1,072 $ 757 $ 1,412 $ 301 $ 454 $ 76 $ 4,072 Provision for loan losses 103 175 15 66 (34 ) 25 350 Loans charged-off (161 ) — (48 ) — (14 ) (2 ) (225 ) Recoveries 11 — 9 — 6 1 27 Ending balance $ 1,025 $ 932 $ 1,388 $ 367 $ 412 $ 100 $ 4,224 Period-ended amount allocated for: Individually evaluated for impairment $ 45 $ — $ — $ — $ — $ 58 $ 103 Collectively evaluated for impairment 980 932 1,388 367 412 42 4,121 Ending Balance $ 1,025 $ 932 $ 1,388 $ 367 $ 412 $ 100 $ 4,224 Loans: Individually evaluated for impairment $ 1,542 $ 1,894 $ 558 $ — $ — $ 360 $ 4,354 Collectively evaluated for impairment 146,525 81,087 138,996 19,127 32,477 20,154 438,366 Ending Balance $ 148,067 $ 82,981 $ 139,554 $ 19,127 $ 32,477 $ 20,514 $ 442,720
Schedule of impaired loans	Three months ended December 31, 2015 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Single family $ 1,338 $ 1,194 $ — $ 1,189 $ 14 Multifamily 1,889 1,816 — 1,824 19 Commercial real estate — — — — — Construction and land development — — — — — Commercial business — — — — — Consumer and other 117 39 — 105 — With an allowance recorded: Single family 411 411 23 412 3 Multifamily — — — — — Commercial real estate — — — — — Construction and land development — — — — — Commercial business — — — — — Consumer and other 55 55 55 55 1 $ 3,810 $ 3,515 $ 78 $ 3,585 $ 37 Three months ended December 31, 2014 Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Average Recorded Investment Interest Income Recognized With no related allowance recorded: Single family $ 1,363 $ 1,148 $ — $ 1,274 $ 11 Multifamily 1,998 1,894 — 3,484 20 Commercial real estate 629 558 — 1,118 8 Construction and land development — — — — — Commercial business — — — — — Consumer and other 401 302 — 223 — With an allowance recorded: Single family 417 394 45 758 3 Multifamily — — — 86 — Commercial real estate — — — 90 — Construction and land development — — — 96 — Commercial business — — — — — Consumer and other 58 58 58 60 1 $ 4,866 $ 4,354 $ 103 $ 7,189 $ 43
Schedule of loans modified in a TDR, by class
Schedule of Loans and Leases Receivable, Related Parties	An analysis of such loans is as follows: Three Months Ended December 31, 2015 Balance, beginning $ 3,334 New loans originated — Draws on lines of credit 47 Principal repayments (122 ) Other 1 369 Balance, ending $ 3,628 1 Officer, with existing loan, was promoted to executive officer position during the period.
Past due loans
Loans
Schedule of recorded investment by accrual status	The following table presents the recorded investment in nonaccrual loans by class of loans as of December 31, 2015 and September 30, 2015: December 31, 2015 September 30, 2015 Single family $ 365 $ 340 Multifamily — — Commercial real estate — — Construction and land development — — Commercial business — — Consumer and other: Home equity lines of credit 39 203 Education 146 260 Other — — $ 550 $ 803
Troubled debt restructurings
Loans
Schedule of recorded investment by accrual status	The following is a summary of troubled debt restructured loans (TDRs) at December 31, 2015 and September 30, 2015: December 31, 2015 September 30, 2015 Troubled debt restructurings - accrual $ 3,111 $ 3,134 Troubled debt restructurings - nonaccrual — — $ 3,111 $ 3,134

Deposits (Tables)

Deposits (Tables)	3 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Schedule of composition of deposits	The following table presents the composition of deposits as of: December 31, 2015 September 30, 2015 Amount Percent Amount Percent Checking Accounts: Noninterest bearing $ 108,370 19.48 % $ 101,486 19.11 % Interest bearing 137,272 24.68 % 131,968 24.85 % 245,642 44.16 % 233,454 43.96 % Passbook and Statement Savings 125,836 22.63 % 127,431 24.00 % Variable Rate Money Market Accounts 55,546 9.99 % 47,876 9.02 % Certificates of Deposit 129,120 23.22 % 122,259 23.02 % $ 556,144 100.00 % $ 531,020 100.00 %

Regulatory Capital (Tables)

Regulatory Capital (Tables)	3 Months Ended
	Dec. 31, 2015
Regulatory Capital Requirements [Abstract]
Schedule of actual capital amounts and ratios and those required by the above regulatory standards	The Bank’s actual capital amounts and ratios and those required by the regulatory standards in effect as of the dates presented were as follows: At December 31, 2015 Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio CETI capital (to risk-weighted assets) - Westbury Bank $ 64,178 12.09 % $ 23,888 4.50 % $ 34,504 6.50 % Tier 1 capital (to risk-weighted assets) - Westbury Bank 64,178 12.09 % 31,850 6.00 % 42,467 8.00 % Total capital (to risk-weighted assets) - Westbury Bank 68,925 12.99 % 42,448 8.00 % 53,060 10.00 % Leverage (to adjusted total assets) - Westbury Bank 64,178 9.77 % 26,276 4.00 % 32,844 5.00 % At September 30, 2015 Actual For Capital Adequacy To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio CET1 capital (to risk-weighted assets) - Westbury Bank $ 64,155 12.25 % $ 23,567 4.50 % $ 34,041 6.50 % Tier 1 capital (to risk-weighted assets) - Westbury Bank 64,155 12.25 % 31,423 6.00 % 41,897 8.00 % Total capital (to risk-weighted assets) - Westbury Bank 68,753 13.12 % 41,923 8.00 % 52,403 10.00 % Leverage (to adjusted total assets) - Westbury Bank 64,155 10.01 % 25,636 4.00 % 32,045 5.00 %
Schedule of reconciliation of the Bank's stockholders' equity to regulatory capital	The following table reconciles the Bank’s stockholders’ equity to regulatory capital as of December 31, 2015 and September 30, 2015: December 31, 2015 September 30, 2015 Stockholder's equity of the Bank $ 70,087 $ 70,976 Less: Unrealized (gain) loss on securities 239 (352 ) Disallowed investment in subsidiary (3,296 ) (3,296 ) Disallowed deferred tax assets (2,852 ) (3,173 ) Tier 1, CETI and tangible capital 64,178 64,155 Plus: Allowable general valuation allowances 4,747 4,598 Total capital $ 68,925 $ 68,753

Commitments (Tables)

Commitments (Tables)	3 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of financial instruments whose contract amounts represent credit risk	he following instruments were outstanding, whose contract amounts represent credit risk: December 31, 2015 September 30, Commitments to extend mortgage credit: Fixed rate $ 17,829 $ 8,443 Adjustable rate 48 9,929 Unused commercial loan lines of credit 64,378 54,225 Unused home equity line of credit 25,580 26,164 Standby letters of credit 763 884 Commitment to sell loans 973 431

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities measured at fair value on a recurring basis	The following table summarizes assets measured at fair value on a recurring basis, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value as of: Fair Value Measurements December 31, 2015 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Assets Securities available-for-sale U.S. Government and agency securities $ 25 $ — $ 25 $ — U.S. Government agency residential mortgage-backed securities 38,975 — 38,975 — U.S. Government agency collateralized mortgage obligations 1,815 — 1,815 — U.S. Government agency commercial mortgage-backed securities 15,945 — 15,945 — Municipal securities 23,632 — 23,632 — Corporate Bonds 3,845 — 3,845 — Total securities available-for-sale $ 84,237 $ — $ 84,237 $ — Derivatives $ 108 $ — $ 108 $ — Liabilities Derivatives $ 108 $ — $ 108 $ — Fair Value Measurements September 30, 2015 Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Assets Securities available-for-sale U.S. Government and agency securities $ 25 $ — $ 25 $ — U.S. Government agency residential mortgage-backed securities 39,692 — 39,692 — U.S. Government agency collateralized mortgage obligations 1,941 — 1,941 — U.S. Government agency commercial mortgage-backed securities 14,099 — 14,099 — Municipal securities 21,667 — 21,667 — Corporate Bonds 2,862 — 2,862 — Total securities available-for-sale $ 80,286 $ — $ 80,286 $ — Derivatives $ 110 $ — $ 110 $ — Liabilities Derivatives $ 110 $ — $ 110 $ —
Schedule of assets measured at fair value on a nonrecurring basis	Fair Value Measurements December 31, 2015 Total Quoted Prices in Significant Other Significant Other Assets Impaired loans $ 388 $ — $ — $ 388 Foreclosed real estate 168 — — 168 Mortgage servicing rights 1,136 — — 1,136 Real estate held for sale 808 — — 808 Fair Value Measurements September 30, 2015 Total Quoted Prices in Significant Other Significant Other Assets Impaired loans $ 390 $ — $ — $ 390 Foreclosed real estate 283 — — 283 Mortgage servicing rights 1,210 — — 1,210 Real estate held for sale 882 — — 882
Schedule of estimated fair values and related carrying amounts of the entity's financial instruments	The estimated fair values and related carrying amounts of the Company’s financial instruments as of the dates noted below were as follows: December 31, 2015 Carrying Amount Estimated Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) Financial assets: Cash and cash equivalents $ 40,060 $ 40,060 $ 40,060 $ — $ — Securities available for sale 84,237 84,237 — 84,237 — Securities held to maturity 2,459 2,489 — 2,489 — Loans, net 496,545 496,075 — — 496,075 Loans held for sale, net 973 973 — 973 — Federal Home Loan Bank stock 3,350 3,350 — — 3,350 Mortgage servicing rights 1,136 1,136 — — 1,136 Accrued interest receivable 1,950 1,950 1,950 — — Derivative asset 108 108 — 108 — Financial liabilities: Deposits 556,144 530,251 108,370 — 421,881 Short-term advances from Federal Home Loan Bank 20,500 20,500 — 20,500 — Long-term advances from Federal Home Loan Bank 10,000 9,993 — — 9,993 Advance payments by borrowers for property taxes and insurance 146 146 146 — — Accrued interest payable 6 6 6 — — Derivative liability 108 108 — 108 — September 30, 2015 Carrying Estimated Fair Quoted Prices in Significant Other Significant Other Financial assets: Cash and cash equivalents $ 16,488 $ 16,488 $ 16,488 $ — $ — Securities available for sale 80,286 80,286 — 80,286 — Securities held to maturity 2,459 2,490 — 2,490 — Loans, net 493,425 493,480 — — 493,480 Loans held for sale, net 431 431 — 431 — Federal Home Loan Bank stock 3,350 3,350 — — 3,350 Mortgage servicing rights 1,210 1,210 — — 1,210 Accrued interest receivable 1,965 1,965 1,965 — — Derivative asset 110 110 — 110 — Financial liabilities: Deposits 531,020 508,339 101,486 — 406,853 Short-term advances from Federal Home Loan Bank 18,000 18,000 — 18,000 — Long-term advances from Federal Home Loan Bank — — — — — Advance payments by borrowers for property taxes and insurance 5,382 5,382 5,382 — — Accrued interest payable 5 5 5 — — Derivative liability 110 110 — 110 —

Employee Stock Ownership Plan D

Employee Stock Ownership Plan Disclosure of (Tables)	3 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Stock Ownership Plan (ESOP) Disclosures	The ESOP shares as of December 31, 2015 and September 30, 2015 were as follows (in thousands, except share data): December 31, 2015 September 30, 2015 Allocated shares to active participants 32,966 34,132 Shares committed to be released 20,570 15,428 Unallocated shares 349,693 354,835 Total ESOP shares 403,229 404,395 Fair value of unallocated shares $ 6,294 $ 6,323

Compensation Equity Plans (Tabl

Compensation Equity Plans (Tables)	3 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Allocation of Share-based Compensation Costs by Plan	The following table summarizes the impact of the Company's share-based payment plans in the financial statements for the periods shown: Three Months Ended December 31, 2015 2014 Total cost of stock grant plan during the period $ 151 $ 155 Total cost of stock option plan during the period 57 46 Total cost of share-based payment plans during the period $ 208 $ 201 Amount of related income tax benefit recognized in income $ 82 $ 79
Schedule of Stock Options Activity	The following table summarizes stock options outstanding for the three months ended December 31, 2015: Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Options outstanding as of September 30, 2015 406,409 $ 15.68 Granted 1,000 17.60 Exercised 4,298 15.20 Expired or canceled — — Forfeited — — Options outstanding as of December 31, 2015 403,111 $ 15.69 8.73 $ 932 Options exercisable as of December 31, 2015 60,946 $ 15.20 8.50 $ 171
Schedule of Stock Options Valuation Assumptions	The following assumptions were used for options granted during the three months ended December 31: 2015 2014 Risk-free interest rate 1.99 % — % Expected volatility of Company's stock 7.44 % — % Expected dividend yield — % — % Expected life of options (years) 7.5 0.0 Weighted average fair value per option of options granted during the period $ 2.89 $ —
Schedule of Restricted Stock Units Award Activity	The following is a summary of changes in restricted shares for the three months ended December 31, 2015: Number of Shares Weighted Average Grant Date Fair Value Shares Outstanding at September 30, 2015 158,052 $ 15.20 Granted 1,000 17.60 Vested — — Forfeited — — Shares Outstanding at December 31, 2015 159,052 $ 15.22

Condensed Parent Company Fina30

Condensed Parent Company Financial Information (Tables)	3 Months Ended
	Dec. 31, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet	The condensed financial statements of Westbury Bancorp, Inc. (parent company only) are presented below: Balance Sheets December 31, September 30, 2015 2015 Assets Cash and interest bearing deposits $ 3,324 $ 1,440 Investments 86 115 Loan to ESOP 3,620 3,778 Investment in subsidiary 73,220 74,201 Other assets 2,127 2,660 Total assets $ 82,377 $ 82,194 Liabilities and Stockholders' Equity Total liabilities $ 125 $ 157 Stockholders' equity 82,252 82,037 Total liabilities and stockholders' equity $ 82,377 $ 82,194
Condensed Income Statement	Statements of Operations Three Months Ended December 31, 2015 2014 Interest and other income $ 32 $ 63 Interest and other expense 121 184 Loss before income tax benefit and equity in undistributed net income of subsidiary (89 ) (121 ) Income tax benefit (18 ) (30 ) Loss before equity in undistributed net income of subsidiary (71 ) (91 ) Equity in undistributed net income of subsidiary 1,110 538 Net income $ 1,039 $ 447
Condensed Cash Flow Statement	Statements of Cash Flows For Three Months Ended December 31, 2015 2014 Cash Flows From Operating Activities Net income $ 1,039 $ 447 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed net income of subsidiary (1,110 ) (538 ) Net change in other liabilities (32 ) 15 Net change in other assets 742 124 Net cash provided by operating activities 639 48 Cash Flows From Investing Activities Purchase of securities — (376 ) Sales and maturities of securities 29 212 Payments received on ESOP loan 158 153 Dividend received from bank subsidiary 1,500 — Net cash provided by (used in) investing activities 1,687 (11 ) Cash Flows From Financing Activities Stock options exercised 64 — Repurchase of common stock (506 ) (833 ) Net cash used in financing activities (442 ) (833 ) Net increase (decrease) in cash 1,884 (796 ) Cash Beginning of period 1,440 6,878 End of period $ 3,324 $ 6,082

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income	$ 1,039	$ 447
Basic potential common shares:
Weighted average shares outstanding (in shares)	4,166,780	4,833,308
Weighted average unallocated ESOP shares (in shares)	(353,122)	(373,692)
Basic weighted average shares outstanding (in shares)	3,813,658	4,459,616
Dilutive potential common shares (in shares)	30,274	15,975
Diluted weighted average shares outstanding (in shares)	3,843,932	4,475,591
Basic loss per share (in dollars per share)	$ 0.27	$ 0.10
Diluted loss per share (in dollars per share)	$ 0.27	$ 0.10

Investment Securitites (Details

Investment Securitites (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Securities Available for Sale
Amortized Cost	$ 84,628	$ 79,706
Gross Unrealized Gains	358	830
Gross Unrealized (Losses)	(749)	(250)
Fair Value	84,237	80,286
Held-to-maturity Securities [Abstract]
Amortized Cost	2,459	2,459
Fair Value	2,489	2,490
Total Investment Securities
Amortized Cost	87,087	82,165
Gross Unrealized Gains	388	861
Gross Unrealized Losses	(749)	(250)
Fair Value	86,726	82,776
U.S. Government and agency securities
Securities Available for Sale
Amortized Cost	24	24
Gross Unrealized Gains	1	1
Gross Unrealized (Losses)	0	0
Fair Value	25	25
U.S. Government agency residential mortgage-backed securities
Securities Available for Sale
Amortized Cost	39,027	39,380
Gross Unrealized Gains	264	456
Gross Unrealized (Losses)	(316)	(144)
Fair Value	38,975	39,692
U.S. Government agency collateralized mortgage obligations
Securities Available for Sale
Amortized Cost	1,857	1,963
Gross Unrealized Gains	6	18
Gross Unrealized (Losses)	(48)	(40)
Fair Value	1,815	1,941
U.S. Government agency commercial mortgage-backed securities
Securities Available for Sale
Amortized Cost	16,126	13,993
Gross Unrealized Gains	3	121
Gross Unrealized (Losses)	(184)	(15)
Fair Value	15,945	14,099
Municipal securities
Securities Available for Sale
Amortized Cost	23,709	21,494
Gross Unrealized Gains	80	222
Gross Unrealized (Losses)	(157)	(49)
Fair Value	23,632	21,667
Held-to-maturity Securities [Abstract]
Amortized Cost	2,459	2,459
Gross Unrealized Gains	30	31
Gross Unrealized Losses	0	0
Fair Value	2,489	2,490
Corporate Debt Securities [Member]
Securities Available for Sale
Amortized Cost	3,885	2,852
Gross Unrealized Gains	4	12
Gross Unrealized (Losses)	(44)	(2)
Fair Value	$ 3,845	$ 2,862

Investment Securitites (Detai33

Investment Securitites (Details 2) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015
Available for Sale, Amortized Cost
Due in one year or less	$ 2,218,000
Due after one year through five years	10,194,000
Due after five years through ten years	14,699,000
Due after ten years	507,000
Total	84,628,000
Available for Sale, Fair Value
Due in one year or less	2,222,000
Due after one year through five years	10,225,000
Due after five years through ten years	14,555,000
Due after ten years	500,000
Fair Value	84,237,000		$ 80,286,000
Other disclosures
Proceeds from sales of securities available-for-sale	5,219,000	$ 12,084,000
Gross realized gains on the sale of securities available-for-sale	12,000	111,000
Gross realized losses on the sale of securities available-for-sale	10,000	$ 41,000
Securities pledged to secure treasury, tax, and loan deposits and other purposes	0		0
Held to maturity, Amortized Cost
Due in one year or less	166,000
Due after one year through five years	690,000
Due after five years through ten years	954,000
Due after five years through ten years	649,000
Amortized Cost	2,459,000		2,459,000
Amortized Cost	87,087,000		82,165,000
Held to maturity, Fair Value
Due in one year or less	166,000
Due after one year through five years	693,000
Due after five years through ten years	969,000
Due after ten years	661,000
Fair Value	2,489,000		2,490,000
Investment Securities	86,726,000		82,776,000
U.S. Government agency collateralized mortgage obligations
Available for Sale, Amortized Cost
U.S. Government agency securities	1,857,000
Available for Sale, Fair Value
U.S. Government agency securities	1,815,000
Fair Value	1,815,000		1,941,000
U.S. Government agency residential mortgage-backed securities
Available for Sale, Amortized Cost
U.S. Government agency securities	39,027,000
Available for Sale, Fair Value
U.S. Government agency securities	38,975,000
Fair Value	38,975,000		39,692,000
U.S. Government agency commercial mortgage-backed securities
Available for Sale, Amortized Cost
U.S. Government agency securities	16,126,000
Available for Sale, Fair Value
U.S. Government agency securities	15,945,000
Fair Value	$ 15,945,000		$ 14,099,000

Investment Securitites (Detai34

Investment Securitites (Details 3) $ in Thousands	Dec. 31, 2015USD ($)security	Sep. 30, 2015USD ($)security
Total temporary impaired securities
Less than 12 months, Fair Value	$ 52,974	$ 14,952
Less than 12 months, Unrealized Losses	(553)	(121)
12 months or longer, Fair Value	6,076	6,946
12 months or longer, Unrealized Losses	(196)	(129)
Total, Fair Value	59,050	21,898
Total, Unrealized Losses	$ (749)	$ (250)
Number of securities in an unrealized loss position, greater than twelve months | security	8	9
Number of securities in an unrealized loss position, less than twelve months | security	87	22
U.S. Government and agency securities
Total temporary impaired securities
Less than 12 months, Fair Value	$ 0	$ 0
Less than 12 months, Unrealized Losses	0	0
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	0	0
Total, Unrealized Losses	0	0
U.S. Government agency residential mortgage-backed securities
Total temporary impaired securities
Less than 12 months, Fair Value	20,528	7,270
Less than 12 months, Unrealized Losses	(174)	(59)
12 months or longer, Fair Value	5,319	6,168
12 months or longer, Unrealized Losses	(142)	(85)
Total, Fair Value	25,847	13,438
Total, Unrealized Losses	(316)	(144)
U.S. Government agency collateralized mortgage obligations
Total temporary impaired securities
Less than 12 months, Fair Value	0	0
Less than 12 months, Unrealized Losses	0	0
12 months or longer, Fair Value	608	627
12 months or longer, Unrealized Losses	(48)	(40)
Total, Fair Value	608	627
Total, Unrealized Losses	(48)	(40)
U.S. Government agency commercial mortgage-backed securities
Total temporary impaired securities
Less than 12 months, Fair Value	14,954	3,511
Less than 12 months, Unrealized Losses	(184)	(15)
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	14,954	3,511
Total, Unrealized Losses	(184)	(15)
Municipal securities
Total temporary impaired securities
Less than 12 months, Fair Value	14,659	3,661
Less than 12 months, Unrealized Losses	(151)	(45)
12 months or longer, Fair Value	149	151
12 months or longer, Unrealized Losses	(6)	(4)
Total, Fair Value	14,808	3,812
Total, Unrealized Losses	(157)	(49)
Corporate Debt Securities [Member]
Total temporary impaired securities
Less than 12 months, Fair Value	2,833	510
Less than 12 months, Unrealized Losses	(44)	(2)
12 months or longer, Fair Value	0	0
12 months or longer, Unrealized Losses	0	0
Total, Fair Value	2,833	510
Total, Unrealized Losses	$ (44)	$ (2)

Loans (Details)

Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Loans
Loans	$ 501,594	$ 498,389	$ 442,720
Less: Net deferred loan fees	302	366
Less: Allowance for loan losses	4,747	4,598	4,224	$ 4,072
Net loans	496,545	493,425
Real Estate
Loans
Loans	450,357	440,679
Single family
Loans
Loans	150,990	153,141	148,067
Less: Allowance for loan losses	1,031	1,073	1,025	1,072
Multifamily
Loans
Loans	118,689	105,750	82,981
Less: Allowance for loan losses	1,340	1,013	932	757
Commercial real estate
Loans
Loans	163,515	162,957	139,554
Less: Allowance for loan losses	1,652	1,604	1,388	1,412
Construction and land development
Loans
Loans	17,163	18,831	19,127
Less: Allowance for loan losses	344	330	367	301
Commercial business
Loans
Loans	31,866	38,200	32,477
Less: Allowance for loan losses	302	498	412	454
Consumer
Loans
Loans	19,371	19,510	20,514
Less: Allowance for loan losses	78	80	$ 100	$ 76
Home equity lines of credit
Loans
Loans	14,977	14,881
Education
Loans
Loans	3,845	4,106
Other
Loans
Loans	$ 549	$ 523

Loans (Details 2)

Loans (Details 2) - USD ($)	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Contractual aging of the recorded investment in past due loans
Current	$ 500,330,000	$ 496,975,000
Total Loans	501,594,000	498,389,000	$ 442,720,000
Troubled debt restructurings - accrual	0	0
Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	550,000	803,000
Single family
Contractual aging of the recorded investment in past due loans
Current	149,929,000	152,245,000
Total Loans	150,990,000	153,141,000	148,067,000
Single family | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	365,000	340,000
Multifamily
Contractual aging of the recorded investment in past due loans
Current	118,689,000	105,750,000
Total Loans	118,689,000	105,750,000	82,981,000
Multifamily | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	0	0
Construction and land development
Contractual aging of the recorded investment in past due loans
Current	17,163,000	18,827,000
Total Loans	17,163,000	18,831,000	19,127,000
Construction and land development | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	0	0
Commercial business
Contractual aging of the recorded investment in past due loans
Current	31,860,000	38,200,000
Total Loans	31,866,000	38,200,000	32,477,000
Commercial business | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	0	0
Home equity lines of credit
Contractual aging of the recorded investment in past due loans
Current	14,950,000	14,691,000
Total Loans	14,977,000	14,881,000
Home equity lines of credit | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	39,000	203,000
Commercial real estate
Contractual aging of the recorded investment in past due loans
Current	163,515,000	162,957,000
Total Loans	163,515,000	162,957,000	$ 139,554,000
Commercial real estate | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	0	0
Education
Contractual aging of the recorded investment in past due loans
Current	3,675,000	3,782,000
Total Loans	3,845,000	4,106,000
Education | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	146,000	260,000
Other
Contractual aging of the recorded investment in past due loans
Current	549,000	523,000
Total Loans	549,000	523,000
Other | Past due loans
Contractual aging of the recorded investment in past due loans
Recorded investment in nonaccrual loans	0	0
Financing Receivables, 60 to 89 Days Past Due
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	40,000	83,000
Financing Receivables, 60 to 89 Days Past Due | Single family
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	83,000
Financing Receivables, 60 to 89 Days Past Due | Multifamily
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due | Construction and land development
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due | Commercial business
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due | Home equity lines of credit
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due | Commercial real estate
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 60 to 89 Days Past Due | Education
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	40,000	0
Financing Receivables, 60 to 89 Days Past Due | Other
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	726,000	556,000
Financing Receivables, 30 to 59 Days Past Due | Single family
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	696,000	473,000
Financing Receivables, 30 to 59 Days Past Due | Multifamily
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due | Construction and land development
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	4,000
Financing Receivables, 30 to 59 Days Past Due | Commercial business
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	6,000	0
Financing Receivables, 30 to 59 Days Past Due | Home equity lines of credit
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due | Commercial real estate
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, 30 to 59 Days Past Due | Education
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	24,000	79,000
Financing Receivables, 30 to 59 Days Past Due | Other
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	498,000	775,000
Financing Receivables, Equal to Greater than 90 Days Past Due | Single family
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	365,000	340,000
Financing Receivables, Equal to Greater than 90 Days Past Due | Multifamily
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due | Construction and land development
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due | Commercial business
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due | Home equity lines of credit
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	27,000	190,000
Financing Receivables, Equal to Greater than 90 Days Past Due | Commercial real estate
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	0	0
Financing Receivables, Equal to Greater than 90 Days Past Due | Education
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	106,000	245,000
Financing Receivables, Equal to Greater than 90 Days Past Due | Other
Contractual aging of the recorded investment in past due loans
Financing Receivable, Recorded Investment, Past Due	$ 0	$ 0

Loans (Details 3)

Loans (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Risk category of loans evaluated by internal asset classification
Total	$ 501,594	$ 498,389	$ 442,720
Single family
Risk category of loans evaluated by internal asset classification
Total	150,990	153,141	148,067
Multifamily
Risk category of loans evaluated by internal asset classification
Total	118,689	105,750	82,981
Commercial real estate
Risk category of loans evaluated by internal asset classification
Total	163,515	162,957	139,554
Construction and land development
Risk category of loans evaluated by internal asset classification
Total	17,163	18,831	19,127
Commercial business
Risk category of loans evaluated by internal asset classification
Total	31,866	38,200	$ 32,477
Home equity lines of credit
Risk category of loans evaluated by internal asset classification
Total	14,977	14,881
Education
Risk category of loans evaluated by internal asset classification
Total	3,845	4,106
Other
Risk category of loans evaluated by internal asset classification
Total	549	523
Pass
Risk category of loans evaluated by internal asset classification
Total	487,894	487,299
Pass | Single family
Risk category of loans evaluated by internal asset classification
Total	148,286	150,421
Pass | Multifamily
Risk category of loans evaluated by internal asset classification
Total	112,272	103,117
Pass | Commercial real estate
Risk category of loans evaluated by internal asset classification
Total	159,122	159,104
Pass | Construction and land development
Risk category of loans evaluated by internal asset classification
Total	17,163	18,831
Pass | Commercial business
Risk category of loans evaluated by internal asset classification
Total	31,803	36,561
Pass | Home equity lines of credit
Risk category of loans evaluated by internal asset classification
Total	14,854	14,636
Pass | Education
Risk category of loans evaluated by internal asset classification
Total	3,845	4,106
Pass | Other
Risk category of loans evaluated by internal asset classification
Total	549	523
Watch
Risk category of loans evaluated by internal asset classification
Total	11,036	6,904
Watch | Single family
Risk category of loans evaluated by internal asset classification
Total	937	1,135
Watch | Multifamily
Risk category of loans evaluated by internal asset classification
Total	6,417	2,633
Watch | Commercial real estate
Risk category of loans evaluated by internal asset classification
Total	3,682	3,136
Watch | Construction and land development
Risk category of loans evaluated by internal asset classification
Total	0	0
Watch | Commercial business
Risk category of loans evaluated by internal asset classification
Total	0	0
Watch | Home equity lines of credit
Risk category of loans evaluated by internal asset classification
Total	0	0
Watch | Education
Risk category of loans evaluated by internal asset classification
Total	0	0
Watch | Other
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention
Risk category of loans evaluated by internal asset classification
Total	407	410
Special Mention | Single family
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention | Multifamily
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention | Commercial real estate
Risk category of loans evaluated by internal asset classification
Total	407	410
Special Mention | Construction and land development
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention | Commercial business
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention | Home equity lines of credit
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention | Education
Risk category of loans evaluated by internal asset classification
Total	0	0
Special Mention | Other
Risk category of loans evaluated by internal asset classification
Total	0	0
Substandard
Risk category of loans evaluated by internal asset classification
Total	2,257	3,776
Substandard | Single family
Risk category of loans evaluated by internal asset classification
Total	1,767	1,585
Substandard | Multifamily
Risk category of loans evaluated by internal asset classification
Total	0	0
Substandard | Commercial real estate
Risk category of loans evaluated by internal asset classification
Total	304	307
Substandard | Construction and land development
Risk category of loans evaluated by internal asset classification
Total	0	0
Substandard | Commercial business
Risk category of loans evaluated by internal asset classification
Total	63	1,639
Substandard | Home equity lines of credit
Risk category of loans evaluated by internal asset classification
Total	123	245
Substandard | Education
Risk category of loans evaluated by internal asset classification
Total	0	0
Substandard | Other
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Single family
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Multifamily
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Commercial real estate
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Construction and land development
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Commercial business
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Home equity lines of credit
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Education
Risk category of loans evaluated by internal asset classification
Total	0	0
Doubtful | Other
Risk category of loans evaluated by internal asset classification
Total	$ 0	$ 0

Loans (Details 4)

Loans (Details 4) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Allowance for loan losses
Balance, beginning	$ 4,598	$ 4,072
Provision for loan losses	150	350
Loans charge-off	(10)	(225)
Recoveries	9	27
Balance, ending	4,747	4,224
Period-ended amount allocated for:
Individually evaluated for impairment			$ 78		$ 103
Collectively evaluated for impairment			4,669		4,121
Ending Balance	4,598	4,072	4,747	$ 4,598	4,224
Loans:
Individually evaluated for impairment			3,515		4,354
Collectively evaluated for impairment			498,079		438,366
Total Loans			501,594	498,389	442,720
Real Estate
Loans:
Total Loans			450,357	440,679
Single family
Allowance for loan losses
Balance, beginning	1,073	1,072
Provision for loan losses	(42)	103
Loans charge-off	0	(161)
Recoveries	0	11
Balance, ending	1,031	1,025
Period-ended amount allocated for:
Individually evaluated for impairment			23		45
Collectively evaluated for impairment			1,008		980
Ending Balance	1,073	1,072	1,031	1,073	1,025
Loans:
Individually evaluated for impairment			1,605		1,542
Collectively evaluated for impairment			149,385		146,525
Total Loans			150,990	153,141	148,067
Multifamily
Allowance for loan losses
Balance, beginning	1,013	757
Provision for loan losses	327	175
Loans charge-off	0	0
Recoveries	0	0
Balance, ending	1,340	932
Period-ended amount allocated for:
Individually evaluated for impairment			0		0
Collectively evaluated for impairment			1,340		932
Ending Balance	1,013	757	1,340	1,013	932
Loans:
Individually evaluated for impairment			1,816		1,894
Collectively evaluated for impairment			116,873		81,087
Total Loans			118,689	105,750	82,981
Commercial real estate
Allowance for loan losses
Balance, beginning	1,604	1,412
Provision for loan losses	47	15
Loans charge-off	0	(48)
Recoveries	1	9
Balance, ending	1,652	1,388
Period-ended amount allocated for:
Individually evaluated for impairment			0		0
Collectively evaluated for impairment			1,652		1,388
Ending Balance	1,604	1,412	1,652	1,604	1,388
Loans:
Individually evaluated for impairment			0		558
Collectively evaluated for impairment			163,515		138,996
Total Loans			163,515	162,957	139,554
Construction and land development
Allowance for loan losses
Balance, beginning	330	301
Provision for loan losses	14	66
Loans charge-off	0	0
Recoveries	0	0
Balance, ending	344	367
Period-ended amount allocated for:
Individually evaluated for impairment			0		0
Collectively evaluated for impairment			344		367
Ending Balance	330	301	344	330	367
Loans:
Individually evaluated for impairment			0		0
Collectively evaluated for impairment			17,163		19,127
Total Loans			17,163	18,831	19,127
Commercial business
Allowance for loan losses
Balance, beginning	498	454
Provision for loan losses	(200)	(34)
Loans charge-off	0	(14)
Recoveries	4	6
Balance, ending	302	412
Period-ended amount allocated for:
Individually evaluated for impairment			0		0
Collectively evaluated for impairment			302		412
Ending Balance	498	454	302	498	412
Loans:
Individually evaluated for impairment			0		0
Collectively evaluated for impairment			31,866		32,477
Total Loans			31,866	38,200	32,477
Consumer and other
Allowance for loan losses
Balance, beginning	80	76
Provision for loan losses	4	25
Loans charge-off	(10)	(2)
Recoveries	4	1
Balance, ending	78	100
Period-ended amount allocated for:
Individually evaluated for impairment			55		58
Collectively evaluated for impairment			23		42
Ending Balance	$ 80	$ 76	78	80	100
Loans:
Individually evaluated for impairment			94		360
Collectively evaluated for impairment			19,277		20,154
Total Loans			$ 19,371	$ 19,510	$ 20,514

Loans (Details 5)

Loans (Details 5) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Unpaid Principal Balance
Total	$ 3,810	$ 4,866
Recorded Investment
Total	3,515	4,354
Allowance for Loan Losses Allocated
With an allowance recorded	78	103
Average Recorded Investment
Total	3,585	7,189
Interest Income Recognized
Total	37	43
Single family
Unpaid Principal Balance
With no related allowance recorded	1,338	1,363
With an allowance recorded	411	417
Recorded Investment
With no related allowance recorded	1,194	1,148
With an allowance recorded	411	394
Allowance for Loan Losses Allocated
With an allowance recorded	23	45
Average Recorded Investment
With no related allowance recorded	1,189	1,274
With an allowance recorded	412	758
Interest Income Recognized
With no related allowance	14	11
With related allowance	3	3
Multifamily
Unpaid Principal Balance
With no related allowance recorded	1,889	1,998
With an allowance recorded	0	0
Recorded Investment
With no related allowance recorded	1,816	1,894
With an allowance recorded	0	0
Allowance for Loan Losses Allocated
With an allowance recorded	0	0
Average Recorded Investment
With no related allowance recorded	1,824	3,484
With an allowance recorded	0	86
Interest Income Recognized
With no related allowance	19	20
With related allowance	0	0
Commercial real estate
Unpaid Principal Balance
With no related allowance recorded	0	629
With an allowance recorded	0	0
Recorded Investment
With no related allowance recorded	0	558
With an allowance recorded	0	0
Allowance for Loan Losses Allocated
With an allowance recorded	0	0
Average Recorded Investment
With no related allowance recorded	0	1,118
With an allowance recorded	0	90
Interest Income Recognized
With no related allowance	0	8
With related allowance	0	0
Construction and land development
Unpaid Principal Balance
With no related allowance recorded	0	0
With an allowance recorded	0	0
Recorded Investment
With no related allowance recorded	0	0
With an allowance recorded	0	0
Allowance for Loan Losses Allocated
With an allowance recorded	0	0
Average Recorded Investment
With no related allowance recorded	0	0
With an allowance recorded	0	96
Interest Income Recognized
With no related allowance	0	0
With related allowance	0	0
Commercial business
Unpaid Principal Balance
With no related allowance recorded	0	0
With an allowance recorded	0	0
Recorded Investment
With no related allowance recorded	0	0
With an allowance recorded	0	0
Allowance for Loan Losses Allocated
With an allowance recorded	0	0
Average Recorded Investment
With no related allowance recorded	0	0
With an allowance recorded	0	0
Interest Income Recognized
With no related allowance	0	0
With related allowance	0	0
Consumer and other
Unpaid Principal Balance
With no related allowance recorded	117	401
With an allowance recorded	55	58
Recorded Investment
With no related allowance recorded	39	302
With an allowance recorded	55	58
Allowance for Loan Losses Allocated
With an allowance recorded	55	58
Average Recorded Investment
With no related allowance recorded	105	223
With an allowance recorded	55	60
Interest Income Recognized
With no related allowance	0	0
With related allowance	$ 1	$ 1

Loans (Details 6)

Loans (Details 6)	3 Months Ended
	Dec. 31, 2015USD ($)contract	Dec. 31, 2014USD ($)contract	Sep. 30, 2015USD ($)
Troubled debt restructured loans
Troubled debt restructurings - accrual	$ 0		$ 0
Modified Trouble Debt Restructurings
Number of Modifications | contract	0	0
Unpaid Principal Balance (at end of period)	$ 0	$ 0
Interest Rate Reduction
Total	$ 0	$ 0
Number of re-defaults of TDR | contract	0	0
Past due loans
Troubled debt restructured loans
Troubled debt restructurings - accrual	$ 3,111,000		3,134,000
Troubled debt restructurings - nonaccrual	0		0
Troubled debt restructurings	$ 3,111,000		$ 3,134,000

Loans Loans (Details 7)

Loans Loans (Details 7) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015
Loans and Leases Receivable, Related Parties [Roll Forward]
Loans outstanding to officers, employees, directors, and their associates	$ 3,628	$ 3,334
Loans and Leases Receivable, Related Parties, Additions	0
Loans and Leases Receivable, Related Parties, Amount Drawn Upon During Period	47
Loans and Leases Receivable, Related Parties, Collections	(122)
Loans and Leases Receivable, Related Parties, Other	$ 369

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Negotiable order for withdrawal accounts:
Noninterest bearing	$ 108,370	$ 101,486
Interest bearing	137,272	131,968
Gross total	245,642	233,454
Passbook and Statement Savings	125,836	127,431
Variable Rate Money Market Accounts	55,546	47,876
Certificates of Deposit	129,120	122,259
Deposits	$ 556,144	$ 531,020
Negotiable order for withdrawal accounts:
Noninterest bearing (as a percent)	19.48%	19.11%
Interest bearing (as a percent)	24.68%	24.85%
Gross total (as a percent)	44.16%	43.96%
Passbook and Statement Savings (as a percent)	22.63%	24.00%
Variable Rate Money Market Accounts (as a percent)	9.99%	9.02%
Certificates of Deposit (as a percent)	23.22%	23.02%
Deposits (as a percent)	100.00%	100.00%
Certificates of Deposit over one hundred thousand dollars	$ 71,736	$ 64,155
Certificates of Deposit over two hundred fifty thousand dollars	$ 10,498	$ 8,775

Regulatory Capital (Details)

Regulatory Capital (Details) - Westbury Bank - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Total capital (to risk-weighted assets), Amount
Actual	$ 68,925	$ 68,753
For Capital Adequacy Purposes	42,448	41,923
To be Well Capitalized Under Prompt Corrective Action Provisions	$ 53,060	$ 52,403
Total capital (to risk-weighted assets), Ratio
Actual (as a percent)	12.99%	13.12%
For Capital Adequacy Purposes (as a percent)	8.00%	8.00%
To be Well Capitalized Under Prompt Corrective Action Provisions (as a percent)	10.00%	10.00%
Tier 1 capital (to risk-weighted assets), Amount
Actual	$ 64,178	$ 64,155
For Capital Adequacy Purposes	31,850	31,423
To be Well Capitalized Under Prompt Corrective Action Provisions	$ 42,467	$ 41,897
Tier 1 capital (to risk-weighted assets), Ratio
Actual (as a percent)	12.09%	12.25%
For Capital Adequacy Purposes (as a percent)	6.00%	6.00%
To be Well Capitalized Under Prompt Corrective Action Provisions (as a percent)	8.00%	8.00%
CETI capital (to risk-weighted assets), Amount
Actual	$ 64,178	$ 64,155
For Capital Adequacy Purposes	23,888	23,567
To Be Well Capitalized Under Prompt Corrective Action Provisions	$ 34,504	$ 34,041
CETI capital (to risk-weighted assets), Ratio
Actual (as a percent)	12.09%	12.25%
For Capital Adequacy Purposes (as a percent)	4.50%	4.50%
To Be Well Capitalized Under Prompt Corrective Action Provisions (as a percent)	6.50%	6.50%
Tier 1 capital (to adjusted total assets), Amount
Actual	$ 64,178	$ 64,155
For Capital Adequacy Purposes	26,276	25,636
To be Well Capitalized Under Prompt Corrective Action Provisions	$ 32,844	$ 32,045
Tier 1 capital (to adjusted total assets), Ratio
Actual (as a percent)	9.77%	10.01%
For Capital Adequacy Purposes (as a percent)	4.00%	4.00%
To be Well Capitalized Under Prompt Corrective Action Provisions (as a percent)	5.00%	5.00%

Regulatory Capital- Stockholder

Regulatory Capital- Stockholders' equity of the Bank (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Regulatory Capital
Stockholders' equity	$ 79,118	$ 78,812	$ 86,526	$ 86,487
Less: Disallowed servicing assets	(1,136)	(1,210)
Westbury Bank
Regulatory Capital
Stockholders' equity	70,087	70,976
Unrealized (gain) loss on securities	239	(352)
Investment in subsidiary	3,296	3,296
Disallowed deferred tax assets	(2,852)	(3,173)
Tier 1 and tangible capital	64,178	64,155
Plus: Allowable general valuation allowances	4,747	4,598
Actual	$ 68,925	$ 68,753

Commitments (Details)

Commitments (Details) - USD ($)	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015
Financial Instruments with Off-Balance Sheet Risk
Liabilities recorded for company's potential obligations	$ 0	$ 0
Fixed rate commitments to extend mortgage credit
Financial Instruments with Off-Balance Sheet Risk
Financial instruments whose contract amounts represent credit risk	17,829,000	8,443,000
Adjustable rate commitments to extend mortgage credit
Financial Instruments with Off-Balance Sheet Risk
Financial instruments whose contract amounts represent credit risk	48,000	9,929,000
Standby letters of credit
Financial Instruments with Off-Balance Sheet Risk
Financial instruments whose contract amounts represent credit risk	$ 763,000	884,000
Maximum period of letters of credit primarily issued to support public and private borrowing arrangements	1 year
Commitment to sell loans
Financial Instruments with Off-Balance Sheet Risk
Financial instruments whose contract amounts represent credit risk	$ 973,000	431,000
Commercial Loan [Member] | Unused commercial loan lines of credit
Financial Instruments with Off-Balance Sheet Risk
Financial instruments whose contract amounts represent credit risk	64,378,000	54,225,000
Home Equity Loan [Member] | Unused commercial loan lines of credit
Financial Instruments with Off-Balance Sheet Risk
Financial instruments whose contract amounts represent credit risk	$ 25,580,000	$ 26,164,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015
Assets
Securities available-for-sale	$ 84,237	$ 80,286
U.S. Government and agency securities
Assets
Securities available-for-sale	25	25
U.S. Government agency residential mortgage-backed securities
Assets
Securities available-for-sale	38,975	39,692
U.S. Government agency collateralized mortgage obligations
Assets
Securities available-for-sale	1,815	1,941
U.S. Government agency commercial mortgage-backed securities
Assets
Securities available-for-sale	15,945	14,099
Municipal securities
Assets
Securities available-for-sale	23,632	21,667
Corporate Debt Securities [Member]
Assets
Securities available-for-sale	3,845	2,862
Quoted Prices in Active Markets for Identical Assets (Level 1)
Liabilities
Derivatives	$ 0	0
Significant Other Observable Inputs (Level 2)
Assets and liabilities measured at fair value
Period of U.S. Treasury rate	10 years
Assets
Securities available-for-sale	$ 84,237	80,286
Derivatives	108	110
Liabilities
Derivatives	108	110
Significant Other Unobservable Inputs (Level 3)
Liabilities
Derivatives	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Securities available-for-sale	0	0
Derivatives	0	0
Liabilities
Derivatives	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government and agency securities
Assets
Securities available-for-sale	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government agency residential mortgage-backed securities
Assets
Securities available-for-sale	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government agency collateralized mortgage obligations
Assets
Securities available-for-sale	0	0
Recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate Debt Securities [Member]
Assets
Securities available-for-sale	0	0
Recurring basis | Significant Other Observable Inputs (Level 2)
Assets
Securities available-for-sale	84,237	80,286
Derivatives	108	110
Liabilities
Derivatives	108	110
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government and agency securities
Assets
Securities available-for-sale	25	25
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government agency residential mortgage-backed securities
Assets
Securities available-for-sale	38,975	39,692
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government agency collateralized mortgage obligations
Assets
Securities available-for-sale	1,815	1,941
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. Government agency commercial mortgage-backed securities
Assets
Securities available-for-sale	15,945	14,099
Recurring basis | Significant Other Observable Inputs (Level 2) | Municipal securities
Assets
Securities available-for-sale	23,632	21,667
Recurring basis | Significant Other Observable Inputs (Level 2) | Corporate Debt Securities [Member]
Assets
Securities available-for-sale	3,845	2,862
Recurring basis | Significant Other Unobservable Inputs (Level 3)
Assets
Securities available-for-sale	0	0
Derivatives	0	0
Liabilities
Derivatives	0	0
Recurring basis | Significant Other Unobservable Inputs (Level 3) | U.S. Government and agency securities
Assets
Securities available-for-sale	0	0
Recurring basis | Significant Other Unobservable Inputs (Level 3) | U.S. Government agency residential mortgage-backed securities
Assets
Securities available-for-sale	0	0
Recurring basis | Significant Other Unobservable Inputs (Level 3) | U.S. Government agency collateralized mortgage obligations
Assets
Securities available-for-sale	0	0
Recurring basis | Significant Other Unobservable Inputs (Level 3) | Corporate Debt Securities [Member]
Assets
Securities available-for-sale	0	0
Total
Assets
Securities available-for-sale	84,237	80,286
Derivatives	108	110
Liabilities
Derivatives	108	110
Total | Recurring basis
Assets
Securities available-for-sale	84,237	80,286
Derivatives	108	110
Liabilities
Derivatives	108	110
Total | Recurring basis | U.S. Government and agency securities
Assets
Securities available-for-sale	25	25
Total | Recurring basis | U.S. Government agency residential mortgage-backed securities
Assets
Securities available-for-sale	38,975	39,692
Total | Recurring basis | U.S. Government agency collateralized mortgage obligations
Assets
Securities available-for-sale	1,815	1,941
Total | Recurring basis | U.S. Government agency commercial mortgage-backed securities
Assets
Securities available-for-sale	15,945	14,099
Total | Recurring basis | Municipal securities
Assets
Securities available-for-sale	23,632	21,667
Total | Recurring basis | Corporate Debt Securities [Member]
Assets
Securities available-for-sale	$ 3,845	$ 2,862

Fair Value Measurements (Deta47

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Assets measured at fair value on a nonrecurring basis
Impaired loans, valuation allowance	$ 78		$ 103
Foreclosed real estate	168	$ 283
Real estate held for sale	808	882
Significant Other Unobservable Inputs (Level 3)
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	1,136	1,210
Carrying Amount
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	1,136	1,210
Total
Assets measured at fair value on a nonrecurring basis
Mortgage servicing rights	1,136	1,210
Nonrecurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets measured at fair value on a nonrecurring basis
Impaired loans	0	0
Foreclosed real estate	0	0
Mortgage servicing rights	0	0
Real estate held for sale	0	0
Nonrecurring Basis | Significant Other Observable Inputs (Level 2)
Assets measured at fair value on a nonrecurring basis
Impaired loans	0	0
Foreclosed real estate	0	0
Mortgage servicing rights	0	0
Real estate held for sale	0	0
Nonrecurring Basis | Significant Other Unobservable Inputs (Level 3)
Assets measured at fair value on a nonrecurring basis
Impaired loans, valuation allowance	78	77
Mortgage servicing rights, valuation allowance	105	105
Impaired loans	388	390
Foreclosed real estate	168	283
Mortgage servicing rights	1,136	1,210
Real estate held for sale	808	882
Nonrecurring Basis | Carrying Amount | Significant Other Unobservable Inputs (Level 3)
Assets measured at fair value on a nonrecurring basis
Impaired loans	466	467
Mortgage servicing rights	1,241	1,315
Nonrecurring Basis | Total
Assets measured at fair value on a nonrecurring basis
Impaired loans	388	390
Foreclosed real estate	168	283
Mortgage servicing rights	1,136	1,210
Real estate held for sale	$ 808	$ 882

Fair Value Measurements (Deta48

Fair Value Measurements (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015
Financial assets:
Securities available-for-sale	$ 84,237	$ 80,286
Securities held to maturity	2,459	2,459
Federal Home Loan Bank stock	3,350	3,350
Financial liabilities:
Short-term advances from Federal Home Loan Bank	20,500	18,000
Advances from Federal Home Loan Bank	10,000	0
Advance payments by borrowers for property taxes and insurance	146	5,382
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and cash equivalents	40,060	16,488
Securities held to maturity	0	0
Accrued interest receivable	1,950	1,965
Financial liabilities:
Deposits	108,370	101,486
Short-term advances from Federal Home Loan Bank	0	0
Advances from Federal Home Loan Bank	0	0
Advance payments by borrowers for property taxes and insurance	146	5,382
Accrued interest payable	6	5
Derivative liability	0	0
Significant Other Observable Inputs (Level 2)
Financial assets:
Securities available-for-sale	84,237	80,286
Securities held to maturity	2,489	2,490
Loans held for sale, net	973	431
Derivative asset	108	110
Financial liabilities:
Deposits	0	0
Short-term advances from Federal Home Loan Bank	20,500	18,000
Advances from Federal Home Loan Bank	0	0
Advance payments by borrowers for property taxes and insurance	0	0
Accrued interest payable	0	0
Derivative liability	108	110
Significant Other Unobservable Inputs (Level 3)
Financial assets:
Securities held to maturity	0	0
Loans, net	496,075	493,480
Federal Home Loan Bank stock	3,350	3,350
Mortgage servicing rights	1,136	1,210
Financial liabilities:
Deposits	421,881	406,853
Short-term advances from Federal Home Loan Bank	0	0
Advances from Federal Home Loan Bank	9,993	0
Advance payments by borrowers for property taxes and insurance	0	0
Accrued interest payable	0	0
Derivative liability	0	0
Carrying Amount
Financial assets:
Cash and cash equivalents	40,060	16,488
Securities available-for-sale	84,237	80,286
Securities held to maturity	2,459	2,459
Loans, net	496,545	493,425
Loans held for sale, net	973	431
Federal Home Loan Bank stock	3,350	3,350
Mortgage servicing rights	1,136	1,210
Accrued interest receivable	1,950	1,965
Derivative asset	108	110
Financial liabilities:
Deposits	556,144	531,020
Short-term advances from Federal Home Loan Bank	20,500	18,000
Advances from Federal Home Loan Bank	10,000	0
Advance payments by borrowers for property taxes and insurance	146	5,382
Accrued interest payable	6	5
Derivative liability	108	110
Estimated Fair Value
Financial assets:
Cash and cash equivalents	40,060	16,488
Securities available-for-sale	84,237	80,286
Securities held to maturity	2,489	2,490
Loans, net	496,075	493,480
Loans held for sale, net	973	431
Federal Home Loan Bank stock	3,350	3,350
Mortgage servicing rights	1,136	1,210
Accrued interest receivable	1,950	1,965
Derivative asset	108	110
Financial liabilities:
Deposits	530,251	508,339
Short-term advances from Federal Home Loan Bank	20,500	18,000
Advances from Federal Home Loan Bank	9,993	0
Advance payments by borrowers for property taxes and insurance	146	5,382
Accrued interest payable	6	5
Derivative liability	$ 108	$ 110

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Sep. 30, 2015	Apr. 11, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Stock Ownership Plan (ESOP), Debt Structure, Indirect Loan, Amount				$ 4,100
employee stock ownership plan, price per share				$ 10
ESOP committed-to-be-released shares, during period	5,142
ESOP compensation expense	$ 91	$ 112
Allocated shares to active participants	32,966		34,132
Shares committed to be released	20,570		15,428
Unallocated shares	349,693		354,835
Total ESOP shares	403,229		404,395	411,403
Fair value of unallocated shares	$ 6,294		$ 6,323

Compensation Equity Plans Cost

Compensation Equity Plans Cost of Share-based Payment Plans (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total cost of stock grant plan during the period	$ 151	$ 155
Total cost of stock option plan during the period	57	46
Total cost of share-based payment plans during the period	208	201
Amount of related income tax benefit recognized in income	$ 82	$ 79

Compensation Equity Plans Stock

Compensation Equity Plans Stock Option Activity (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Number of Options
Options outstanding, beginning balance (shares) | shares	406,409
Granted (shares) | shares	1,000
Exercised (shares) | shares	4,298
Expired or canceled (shares) | shares	0
Forfeited (shares) | shares	0
Options outstanding, ending balance (shares) | shares	403,111
Options exercisable as of June 30, 2015 (shares) | shares	60,946
Weighted Average Exercise Price
Options outstanding, beginning balance (in dollars per share) | $ / shares	$ 15.68
Granted (in dollars per share) | $ / shares	17.60
Exercised (in dollars per share) | $ / shares	15.20
Expired or canceled (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	0
Options outstanding, ending balance (in dollars per share) | $ / shares	15.69
Options exercisable as of March 31, 2015 (in dollars per share) | $ / shares	$ 15.20
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Outstanding, Weighted Average Remaining Contractual Term	8 years 8 months 23 days
Outstanding, Aggregate Intrinsic Value | $	$ 932
Options Exercisable, Weighted Average Remaining Contractual Term	8 years 6 months
Options Exercisable, Aggregate Intrinsic Value | $	$ 171

Compensation Equity Plans Assum

Compensation Equity Plans Assumptions (Details) - $ / shares	12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	1.99%	0.00%
Expected volatility of Company's stock	7.44%	0.00%
Expected dividend yield	0.00%	0.00%
Expected life of options (years)	7 years 6 months	0 months
Weighted average fair value per option of options granted during the period	$ 2.89	$ 0

Compensation Equity Plans Restr

Compensation Equity Plans Restricted Shares (Details) - Restricted Shares and Units	3 Months Ended
	Dec. 31, 2015$ / sharesshares
Number of Shares
Shares Outstanding at September 30, 2014 | shares	158,052
Granted | shares	1,000
Vested | shares	0
Forfeited | shares	0
Shares Outstanding at June 30, 2015 | shares	159,052
Weighted Average Grant Date Fair Value
Shares Outstanding at September 30, 2014 (in dollars per share) | $ / shares	$ 15.20
Granted (in dollars per share) | $ / shares	17.60
Vested (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	0
Shares Outstanding at March 31, 2015 (in dollars per share) | $ / shares	$ 15.22

Compensation Equity Plans Narra

Compensation Equity Plans Narrative (Details) - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, minimum	5 years
Vesting period, maximum	10 years
Restricted share vesting period	5 years
Intrinsic value of options exercised during the period	$ 10,000	$ 0
Intrinsic value of restricted shares vested during the period		$ 0
Compensation cost not yet recognized	$ 3,100,000
Period for recognition	3 years 7 months 2 days
Restricted Shares and Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Intrinsic value of restricted shares vested during the period	$ 0
Westbury Bancorp Inc 2014 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized			509,162
Westbury Bancorp Inc 2014 Equity Incentive Plan | Restricted Shares and Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized			203,665
Number of shares available for grant-stock grants	4,092
Westbury Bancorp Inc 2014 Equity Incentive Plan | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for grant-stock options	101,753

Condensed Parent Company Fina55

Condensed Parent Company Financial Information Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Sep. 30, 2014
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and interest bearing deposits	$ 40,060	$ 16,488	$ 24,475	$ 17,608
Other assets	3,880	3,488
Total assets	670,577	638,929
Other liabilities	4,669	5,715
Stockholders' equity	79,118	78,812	$ 86,526	$ 86,487
Liabilities and Equity	670,577	638,929
Parent Company
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and interest bearing deposits	3,324	1,440
Investments	86	115
Loan to ESOP	3,620	3,778
Investment in subsidiary	73,220	74,201
Other assets	2,127	2,660
Total assets	82,377	82,194
Other liabilities	125	157
Stockholders' equity	82,252	82,037
Liabilities and Equity	$ 82,377	$ 82,194

Condensed Parent Company Fina56

Condensed Parent Company Financial Information Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Condensed Income Statements, Captions [Line Items]
Net income	$ 1,039	$ 447
Parent Company
Condensed Income Statements, Captions [Line Items]
Interest and other income	32	63
Interest and other expense	121	184
Loss before income tax benefit and equity in undistributed net income of subsidiary	(89)	(121)
Income tax benefit	(18)	(30)
Loss before equity in undistributed net income of subsidiary	(71)	(91)
Equity in undistributed net income of subsidiary	1,110	538
Net income	$ 1,039	$ 447

Condensed Parent Company Fina57

Condensed Parent Company Financial Information Statement of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net income	$ 1,039	$ 447
Net change in other assets	(391)	(243)
Net cash provided by operating activities	(4,742)	(6,176)
Net Cash Provided by (Used in) Investing Activities [Abstract]
Purchase of securities	(12,375)	(8,189)
Net cash provided by (used in) investing activities	(8,868)	(17,884)
Net Cash Provided by (Used in) Financing Activities [Abstract]
Stock options exercised	64	0
Repurchase of common stock	(506)	(833)
Net cash used in financing activities	37,182	30,927
Parent Company
Net Cash Provided by (Used in) Operating Activities [Abstract]
Net income	1,039	447
Equity in undistributed net income of subsidiary	(1,110)	(538)
Net change in other liabilities	(32)	15
Net change in other assets	742	124
Net cash provided by operating activities	639	48
Net Cash Provided by (Used in) Investing Activities [Abstract]
Purchase of securities	0	(376)
Sales and maturities of securities	29	212
Payments received on ESOP loan	158	153
Dividend received from bank subsidiary	(1,500)	0
Net cash provided by (used in) investing activities	1,687	(11)
Net Cash Provided by (Used in) Financing Activities [Abstract]
Stock options exercised	64	0
Repurchase of common stock	(506)	(833)
Net cash used in financing activities	(442)	(833)
Net increase (decrease) in cash	1,884	(796)
Beginning of period	1,440	6,878
End of period	$ 3,324	$ 6,082