Prudential Bancorp (PBIP) 10-Q 9 Aug 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	PRUDENTIAL BANCORP, INC.
Entity Central Index Key	1,578,776
Trading Symbol	pbip
Current Fiscal Year End Date	--09-30
Entity Filer Category	Accelerated Filer
Entity Common Stock Shares Outstanding		9,007,742
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
ASSETS
Cash and amounts due from depository institutions	$ 2,182	$ 1,965
Interest-bearing deposits	20,745	10,475
Total cash and cash equivalents	22,927	12,440
Certificates of deposit	1,853	1,853
Investment and mortgage-backed securities available for sale (amortized cost- June 30, 2017, $184,980; September 30, 2016, $137,222)	183,439	138,694
Investment and mortgage-backed securities held to maturity (fair value- June 30, 2017, $58,570; September 30, 2016, $40,700)	59,654	39,971
Loans receivable-net of allowance for loan losses (June 30, 2017, $4,058; September 30, 2016, $3,269)	544,422	344,948
Accrued interest receivable	3,089	1,928
Real estate owned	192	581
Federal Home Loan Bank stock-at cost	5,767	2,463
Office properties and equipment-net	8,076	1,344
Bank owned life insurance	27,877	13,055
Prepaid expenses and other assets	5,497	2,203
Goodwill	7,163
Intangible assets	747
TOTAL ASSETS	870,703	559,480
Deposits:
Noninterest-bearing	9,569	3,804
Interest-bearing	605,277	385,397
Total deposits	614,846	389,201
Advances from Federal Home Loan Bank (short-term)	20,000	20,000
Advances from Federal Home Loan Bank (long-term)	88,078	30,638
Accrued interest payable	1,339	1,403
Advances from borrowers for taxes and insurance	3,982	1,748
Accounts payable and accrued expenses	8,262	2,488
Total liabilities	736,507	445,478
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued
Common stock, $.01 par value, 40,000,000 shares authorized; 10,819,006 and 9,544,809 issued and 9,007,742 and 8,045,544 outstanding at June 30, 2017 and September 30, 2016, respectively	108	95
Additional paid-in capital	118,480	95,713
Unearned Employee Stock Ownership Plan (ESOP) shares		(4,550)
Treasury stock, at cost: 1,811,264 shares at June 30, 2017 and and 1,499,265 shares at September 30, 2016	(26,692)	(21,098)
Retained earnings	42,987	43,044
Accumulated other comprehensive (loss) income	(687)	798
Total stockholders' equity	134,196	114,002
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 870,703	$ 559,480

UNAUDITED CONSOLIDATED STATEME3

UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Statement Of Financial Position [Abstract]
Investment and mortgage-backed securities available for sale, amortized cost (in dollars)	$ 184,980	$ 137,222
Investment and mortgage-backed securities held to maturity, fair value (in dollars)	58,570	40,700
Allowance for loan losses on loans receivable (in dollars)	$ 4,058	$ 3,269
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	10,819,006	9,544,809
Common stock, shares outstanding	9,007,742	8,045,544
Number of treasury share purchased	1,811,264	1,499,265

UNAUDITED CONSOLIDATED STATEME4

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
INTEREST INCOME:
Interest on loans	$ 5,647	$ 3,263	$ 14,062	$ 9,489
Interest on mortgage-backed securities	802	673	2,179	1,868
Interest and dividends on investments	926	529	2,263	1,517
Interest on interest-bearing assets	55	9	102	22
Total interest income	7,430	4,474	18,606	12,896
INTEREST EXPENSE:
Interest on deposits	1,002	682	2,690	2,177
Interest on advances from Federal Home Loan Bank	375	142	918	296
Total interest expense	1,377	824	3,608	2,473
NET INTEREST INCOME	6,053	3,650	14,998	10,423
PROVISION FOR LOAN LOSSES	30	150	2,580	225
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	6,023	3,500	12,418	10,198
NON-INTEREST INCOME:
Fees and other service charges	179	142	472	371
Gain on sale of loans, net	3		52	2
Gain on the sale of investment securities (AFS)	70	161	70	161
Gain on the sale of OREO				58
Income from bank owned life insurance	229	83	506	251
Other	144	14	400	40
Total non-interest income	625	400	1,500	883
NON-INTEREST EXPENSE:
Salaries and employee benefits	1,884	1,684	5,593	5,071
Data processing	175	112	481	340
Professional services	230	230	1,018	750
Office occupancy	432	246	1,100	753
Director compensation	57	123	218	351
Deposit insurance premium	52	134	93	306
Advertising	92	17	158	55
Communications expense	104	42	211	121
Furniture and fixtures	81	58	252	171
Merger-related expense			2,663
Intangible asset amortization	37		75
Other	356	169	1,119	589
Total non-interest expense	3,500	2,815	12,981	8,507
INCOME BEFORE INCOME TAXES	3,148	1,085	937	2,574
INCOME TAXES:
Current expense	941	410	769	807
Deferred expense (benefit)	90	(102)	(539)	29
Total income tax expense	1,031	308	230	836
NET INCOME	$ 2,117	$ 777	$ 707	$ 1,738
BASIC EARNINGS PER SHARE (in dollars per share)	$ 0.25	$ 0.10	$ 0.08	$ 0.23
DILUTED EARNINGS PER SHARE (in dollars per share)	0.25	0.10	0.08	0.23
DIVIDENDS PER SHARE (in dollars per share)	$ 0.03	$ 0.03	$ 0.09	$ 0.09

UNAUDITED CONSOLIDATED STATEME5

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement Of Other Comprehensive Income [Abstract]
Net income	$ 2,117	$ 777	$ 707	$ 1,738
Unrealized holding gains (losses) on available-for-sale securities	1,120	744	(2,881)	1,897
Tax effect	(381)	(257)	979	(645)
Reclassification adjustment for net security gains realized in net income	(70)	(161)	(70)	(161)
Tax effect	24	55	24	55
Unrealized holding (losses) gains on interest rate swaps	(91)	(351)	701	(351)
Tax effect	31	119	(238)	119
Total other comprehensive income (loss)	633	149	(1,485)	914
Comprehensive income (loss)	$ 2,750	$ 926	$ (778)	$ 2,652

UNAUDITED CONSOLIDATED STATEME6

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-In Capital	Unearned ESOP Shares	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total
BALANCE at Sep. 30, 2015	$ 95	$ 95,286	$ (4,926)	$ (14,691)	$ 41,219	$ 18	$ 117,001
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income					1,738		1,738
Other comprehensive income (loss)						914	914
Dividends paid ($0.09 per share)					(694)		(694)
Purchase of treasury stock (43,698 shares and 520,546 shares for June 30, 2017 and 2016 respectively)				(7,824)			(7,824)
Issuance of treasury stock (74,665 shares)				862			862
Treasury stock used for Recognition and Retention Plan (34,814 shares and 41,800 shares issued for June 30, 2017 and 2016 respectively)		(640)		640
Tax benefit from stock compensation plans		156					156
Stock option expense		278					278
Recognition and Retention Plan expense		251					251
ESOP shares committed to be released (8,879 shares and 26,649 shares for June 30, 2017 and 2016 respectively)		102	282				384
BALANCE at Jun. 30, 2016	95	95,433	(4,644)	(21,013)	42,263	932	113,066
BALANCE at Sep. 30, 2016	95	95,713	(4,550)	(21,098)	43,044	798	114,002
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income					707		707
Other comprehensive income (loss)						(1,485)	(1,485)
Dividends paid ($0.09 per share)					(764)		(764)
Issuance of common stock (1,274,197 shares)	13	21,801					21,814
Purchase of treasury stock (43,698 shares and 520,546 shares for June 30, 2017 and 2016 respectively)				(1,058)			(1,058)
Terminate ESOP Plan (303,115 shares)		733	4,456	(5,189)
Treasury stock used for Recognition and Retention Plan (34,814 shares and 41,800 shares issued for June 30, 2017 and 2016 respectively)		(653)		653
Tax benefit from stock compensation plans		195					195
Stock option expense		349					349
Recognition and Retention Plan expense		284					284
ESOP shares committed to be released (8,879 shares and 26,649 shares for June 30, 2017 and 2016 respectively)		58	$ 94				152
BALANCE at Jun. 30, 2017	$ 108	$ 118,480		$ (26,692)	$ 42,987	$ (687)	$ 134,196

UNAUDITED CONSOLIDATED STATEME7

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - $ / shares	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Statement Of Stockholders Equity [Abstract]
Dividends paid (in dollars per share)	$ 0.09	$ 0.09
Issuance of common stock (in shares)	1,274,197
Purchase of treasury stock (in shares)	43,698	520,546
Terminate ESOP Plan (in shares)	303,115
Number of treasury stock shares issued (in shares)		74,665
Treasury stock used for Recognition and Retention Plan (in shares)	34,814	41,800
ESOP shares committed to be released	8,879	26,649

UNAUDITED CONSOLIDATED STATEME8

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
OPERATING ACTIVITIES:
Net income	$ 707	$ 1,738
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation	399	242
Net amortization of premiums/discounts	575	11
Provision for loan losses	2,580	225
Net amortization of deferred loan fees and costs	81	172
Share-based compensation expense for stock options and awards	633	529
Income from bank owned life insurance	(506)	(251)
Gain from sale of loans held for sale	(52)	(2)
Gain from sale of investment securities	(70)	(161)
Gain on sale of other real estate owned	(60)	(58)
Originations of loans held for sale	(2,634)	(450)
Proceeds from sale of loans held for sale	2,686	452
Compensation expense of ESOP	139	384
Deferred income tax (expense) benefit	(539)	29
Changes in assets and liabilities which used cash:
Accrued interest receivable	(1,161)	(98)
Prepaid expenses and other assets	4,846	(898)
Accrued interest payable	(64)	(276)
Accounts payable and accrued expenses	(3,140)	420
Net cash provided by operating activities	4,420	2,008
INVESTING ACTIVITIES:
Purchase of investment and mortgage-backed securities available for sale	(56,970)	(67,815)
Purchase of corporate bonds available for sale	(11,714)	(20,466)
Purchase of municipal bonds held to maturity	(18,847)
Loans originated	(160,085)	(59,918)
Principal collected on loans	118,107	29,488
Principal payments received on investment and mortgage-backed securities:
Held-to-maturity	861	3,748
Available-for-sale	8,131	50,962
Proceeds from the sale of investments and mortgage-backed securities AFS	10,593	25,161
Proceeds from the sale of Polonia Bancorp Inc.'s investment portfolio acquired	42,164
Redemption of FHLB Stock	163
Purchase of FHLB stock	(67)	(2,018)
Proceeds from sale of real estate owned	449	927
Acquisition, net of cash	28,956
Purchase of BOLI	(10,000)
Purchases of equipment	(229)	(169)
Net cash used in investing activities	(48,488)	(40,100)
FINANCING ACTIVITIES:
Net decrease increase in demand deposits, NOW accounts, and savings accounts	(12,686)	(4,411)
Net increase in certificates of deposit	66,088	25,977
Proceeds from FHLB advances	9,729	51,999
Repayment of FHLB advances long-term	(9,521)	(1,772)
Increase in advances from borrowers for taxes and insurance	2,234	1,099
Cash dividends paid	(764)	(694)
Release unallocated shares from ESOP Plan	4,550
Repayment of remaining principal balance of ESOP Loan	(734)
Issuance of treasury stock		1,502
Purchase of treasury stock	(4,536)	(8,464)
Tax benefit related to stock compensation plans	195	156
Net cash provided by financing activities	54,555	65,392
NET INCREASE IN CASH AND CASH EQUIVALENTS	10,487	27,300
CASH AND CASH EQUIVALENTS - Beginning of period	12,440	11,272
CASH AND CASH EQUIVALENTS - End of period	22,927	38,572
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid on deposits and advances from FHLB	2,842	2,749
Income taxes paid	980	450
SUPPLEMENTAL DISCLOSURES OF NONCASH FLOW
Real estate acquired in settlement of of loans		$ 207
Assets acquired:
Investment securities	42,164
Loans	160,157
Premises	6,902
Core deposit intangible	822
Goodwill	7,163
Bank owned life insurance	4,318
Other assets	2,558
Total assets	224,084
Liabilities assumed:
Deposits	172,243
Advances	57,232
Other liabilities	8,914
Total liabilities assumed	238,389
Net non-cash assets (liabilities) acquired	(14,305)
Cash acquired	$ 47,901

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	1. SIGNIFICANT ACCOUNTING POLICIES Prudential Bancorp, Inc. (the “Company”) is a Pennsylvania corporation and the parent holding company for Prudential Bank (the “Bank”). The Company is a registered bank holding company. The Bank is a community-oriented Pennsylvania-chartered savings bank headquartered in South Philadelphia. The banking office network currently consists of the headquarters and main office (which includes a financial center), administrative office, and 10 full-service financial centers. Nine of the branch offices are located in Philadelphia (Philadelphia County), one is in Drexel Hill, Delaware County, and one is in Huntingdon Valley, Montgomery County (both Pennsylvania counties). The Bank maintains ATMs at all 11 of the banking offices. The Bank also provides on-line and mobile banking services. The Bank is subject to regulation by the Pennsylvania Department of Banking and Securities (the “Department”), as its chartering authority and primary regulator, and by the Federal Deposit Insurance Corporation (the “FDIC”), which insures the Bank’s deposits up to applicable limits. As a bank holding company, the Company is subject to the regulation of the Board of Governors of the Federal Reserve System. As of January 1, 2017, the Company completed its acquisition of Polonia Bancorp, Inc. (“Polonia Bancorp”) and Polonia Bank, Polonia’s wholly owned subsidiary. Polonia Bancorp and Polonia Bank were merged with and into the Company and the Bank, respectively. Basis of presentation – Use of Estimates in the Preparation of Financial Statements - Share-Based Compensation Dividends with respect to non-vested share awards granted pursuant to the Company’s 2008 Recognition and Retention Plan (“2008 Plan”) and held in the Trust (the “Trust”) are held for the benefit of the recipients and are paid out proportionately by the Trust to the recipients of stock awards granted pursuant to the Plan as soon as practicable after the stock awards are earned. A recipient of a share award granted under the 2014 Stock Incentive Plan will not receive any dividends declared on the common stock subject to the award prior to the date the shares are earned. Treasury Stock – FHLB Stock – Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, Revenue from Contracts with Customers In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815) . In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740) In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810) In October 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230) In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805), Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20) In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20). In July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivative and Hedging (Topic 815) Debt—Debt with Conversion and Other Options

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
EARNINGS PER SHARE	2. EARNINGS PER SHARE Basic earnings per common share is computed by dividing net income by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings per share is calculated by dividing net income by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, consisting of restricted stock and stock options based upon the treasury stock method using an average market price for the period. The calculated basic and diluted earnings per share are as follows: Three Months Ended June 30, 2017 2016 Basic Diluted Basic Diluted (Dollars in Thousands Except Per Share Data) Net income $ 2,117 $ 2,117 $ 777 $ 777 Weighted average shares outstanding 8,652,699 8,652,699 7,330,386 7,330,386 Effect of common stock equivalents - 656,370 - 200,986 Adjusted weighted average shares used in earnings per share computation 8,652,699 9,309,069 7,330,386 7,531,372 Earnings per share - basic and diluted $ 0.25 $ 0.25 $ 0.10 $ 0.10 Nine Months Ended June 30, 2017 2016 Basic Diluted Basic Diluted (Dollars in Thousands Except Per Share Data) Net income $ 707 $ 707 $ 1,738 $ 1,738 Weighted average shares outstanding 8,202,850 8,202,850 7,442,956 7,442,956 Effect of common stock equivalents - 570,792 - 210,125 Adjusted weighted average shares used in earnings per share computation 8,202,850 8,773,642 7,442,956 7,653,081 Earnings per share - basic and diluted $ 0.08 $ 0.08 $ 0.23 $ 0.23 All exercisable stock options outstanding as of June 30, 2017 and 2016 had exercise prices below the then current per share market price for the Company’s common stock and were considered dilutive for the earnings per share calculation.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents the changes in accumulated other comprehensive (loss) income by component, net of tax: Three Months Ended June 30, 2017 2016 (Dollars in Thousands) Unrealized gains (losses) Unrealized gains (losses) on available for sale on available for sale securities and interest securities and interest rate swaps (a) rate swaps (a) Beginning Balance $ (1,320 ) $ 783 Unrealized gains on available for sale securities 693 255 Unrealized losses on interest rate swaps (60 ) (106 ) Total other comprehensive income 633 149 Ending Balance $ (687 ) $ 932 (a) All amounts are net of tax. Amounts in parentheses indicate debits. The following table presents the changes in accumulated other comprehensive (loss) income by component, net of tax: Nine Months Ended June 30, 2017 2016 (Dollars in Thousands) Unrealized gains (losses) Unrealized gains (losses) on available for sale on available for sale securities and interest securities and interest rate swaps (a) rate swaps (a) Beginning Balance $ 798 $ 18 Unrealized (loss) gains on available for sale securities (1,948 ) 1,020 Unrealized gains (losses) on interest rate swaps. 463 (106 ) Total other comprehensive income (loss) (1,485 ) 914 Ending Balance $ (687 ) $ 932 (a) All amounts are net of tax. Amounts in parentheses indicate debits. Three Months Ended June 30, 2017 2016 Amount Reclassified Amount Reclassified from Accumulated from Accumulated Affected Line Item in Other Other the Statement Where Comprehensive Comprehensive Net Income is Details about other comprehensive income Income (a) Income (a) Presented Unrealized gains on available for sale securities $ 70 $ 161 Gain on sale of securities available for sale (24 ) (55 ) Income taxes $ 46 $ 106 Net of tax (a) Amounts in parentheses indicate debits to net income Nine Months Ended June 30, 2017 2016 Amount Reclassified Amount Reclassified from Accumulated from Accumulated Affected Line Item in Other Other the Statement Where Comprehensive Comprehensive Net Income is Details about other comprehensive income Income (a) Income (a) Presented Unrealized gains on available for sale securities $ 70 $ 161 Gain on sale of securities available for sale (24 ) (55 ) Income taxes $ 46 $ 106 Net of tax (a) Amounts in parentheses indicate debits to net income

INVESTMENT AND MORTGAGE-BACKED

INVESTMENT AND MORTGAGE-BACKED SECURITIES	9 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
INVESTMENT AND MORTGAGE-BACKED SECURITIES	4. INVESTMENT AND MORTGAGE-BACKED SECURITIES The amortized cost and fair value of investment and mortgage-backed securities, with gross unrealized gains and losses, are as follows: June 30, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 20,989 $ - $ (369 ) $ 20,620 Mortgage-backed securities - U.S. government agencies 126,912 152 (1,349 ) 125,715 Corporate bonds 37,073 271 (299 ) 37,045 Total debt securities available for sale 184,974 423 (2,017 ) 183,380 FHLMC preferred stock 6 53 - 59 Total securities available for sale $ 184,980 $ 476 $ (2,017 ) $ 183,439 Securities Held to Maturity: U.S. government and agency obligations $ 33,500 $ 236 $ (1,735 ) $ 32,001 Mortgage-backed securities - U.S. government agencies 7,387 347 (29 ) 7,705 Municipal bonds 18,767 184 (87 ) 18,864 Total securities held to maturity $ 59,654 $ 767 $ (1,851 ) $ 58,570 September 30, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 20,988 $ 36 $ - $ 21,024 Mortgage-backed securities - U.S. government agencies 90,817 860 (102 ) 91,575 Corporate bonds 25,411 661 (19 ) 26,053 Total debt securities available for sale 137,216 1,557 (121 ) 138,652 FHLMC preferred stock 6 36 - 42 Total securities available for sale $ 137,222 $ 1,593 $ (121 ) $ 138,694 Securities Held to Maturity: U.S. government and agency obligations $ 33,499 $ 399 $ (129 ) $ 33,769 Mortgage-backed securities - U.S. government agencies 6,472 459 - 6,931 Total securities held to maturity $ 39,971 $ 858 $ (129 ) $ 40,700 The following table shows the gross unrealized losses and related fair values of the Company’s investments and mortgage-backed securities, aggregated by investment category and length of time that individual securities had been in a continuous loss position at June 30, 2017: Less than 12 months More than 12 months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ (369 ) $ 20,620 $ - $ - $ (369 ) $ 20,620 Mortgage-backed securities - agency (1,129 ) 81,547 (220 ) 11,013 (1,349 ) 92,560 Corporate bonds (299 ) 15,987 - - (299 ) 15,987 Total securities available for sale $ (1,797 ) $ 118,154 $ (220 ) $ 11,013 $ (2,017 ) $ 129,167 Securities Held to Maturity: U.S. government and agency obligations $ (1,735 ) $ 28,765 $ - $ - $ (1,735 ) $ 28,765 Mortgage-backed securities - agency (29 ) 1,216 - - (29 ) 1,216 Municipal bonds (87 ) 5,836 - - (87 ) 5,836 Total securities held to maturity $ (1,851 ) $ 35,817 $ - $ - $ (1,851 ) $ 35,817 Total $ (3,648 ) $ 153,971 $ (220 ) $ 11,013 $ (3,868 ) $ 164,984 The following table shows the gross unrealized losses and related fair values of the Company’s investment securities, aggregated by investment category and length of time that individual securities had been in a continuous loss position at September 30, 2016: Less than 12 months More than 12 months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in Thousands) Securities Available for Sale: Mortgage-backed securities - agency $ (50 ) $ 16,498 $ (52 ) $ 6,718 $ (102 ) $ 23,216 Corporate bonds (19 ) 3,955 - - (19 ) 3,955 Total securities available for sale $ (69 ) $ 20,453 $ (52 ) $ 6,718 $ (121 ) $ 27,171 Securities Held to Maturity: U.S. government and agency obligations $ (129 ) $ 20,371 $ - $ - $ (129 ) $ 20,371 Total securities held to maturity $ (129 ) $ 20,371 $ - $ - $ (129 ) $ 20,371 Total $ (198 ) $ 40,824 $ (52 ) $ 6,718 $ (250 ) $ 47,542 Management evaluates securities for other-than-temporary impairment (“OTTI”) at least once each quarter, and more frequently when economic or market concerns warrant such evaluation. The evaluation is based upon factors such as the creditworthiness of the issuers/guarantors, the underlying collateral, if applicable, and the continuing performance of the securities. Management also evaluates other facts and circumstances that may be indicative of an OTTI condition. This includes, but is not limited to, an evaluation of the type of security, the length of time and extent to which the fair value of the security has been less than its cost, and the near-term prospects of the issuer. The Company assesses whether a credit loss exists with respect to a security by considering whether (1) the Company has the intent to sell the security, (2) it is more likely than not that it will be required to sell the security before recovery has occurred, or (3) it does not expect to recover the entire amortized cost basis of the security. The Company bifurcates the OTTI impact on impaired securities where impairment in value was deemed to be other than temporary between the component representing credit loss and the component representing loss related to other factors. The portion of the fair value decline attributable to credit loss must be recognized through a charge to earnings. The credit component is determined by comparing the present value of the cash flows expected to be collected, discounted at the rate in effect before recognizing any OTTI, with the amortized cost basis of the debt security. The Company uses the cash flows expected to be realized from the security, which includes assumptions about interest rates, timing and severity of defaults, estimates of potential recoveries, the cash flow distribution from the security and other factors, then applies a discount rate equal to the effective yield of the security. The difference between the present value of the expected cash flows and the amortized book value is considered a credit loss. The fair value of the security is determined using the same expected cash flows; the discount rate is a rate the Company determines from open market and other sources as appropriate for the particular security. The difference between the fair value and the security’s remaining amortized cost is recognized in other comprehensive income (loss). For both the three and nine months ended June 30, 2017 and 2016, the Company did not record any credit losses on investment securities through earnings. U.S. Government and Agency Obligations - Mortgage-Backed Securities – Corporate Bonds Municipal Bonds The amortized cost and fair value of debt securities, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The maturity table below excludes mortgage-backed securities because the contractual maturities of such securities are not indicative of actual maturities due to significant prepayments. June 30, 2017 Held to Maturity Available for Sale Amortized Fair Amortized Fair Cost Value Cost Value (Dollars in Thousands) Due after one through five years $ 2,867 $ 2,794 $ 4,048 $ 4,066 Due after five through ten years 20,583 20,661 18,748 18,872 Due after ten years 28,817 27,410 35,266 34,727 Total $ 52,267 $ 50,865 $ 58,062 $ 57,665 During both the three and nine month periods ended June 30, 2017, the Company sold two mortgage-back securities with an aggregate amortized cost of $5.1 million at an recognized aggregate gain of $18,000 (pre-tax) and a corporate bond with an amortized cost of $5.2 million for a $52,000 (pre-tax) gain. During both three and nine month periods ended June 30, 2016, the Company sold five mortgage-back securities with an aggregate amortized cost of $11.0 million at a recognized aggregate gain of $153,000 (pre-tax). Also, during the same periods the Company had an aggregate of $11.0 million of agency securities called at the stated par value which was higher than the aggregated amortized cost and recorded a gain of $8,000. During the both three and nine month periods ended June 30, 2017 and 2016, the Company did not pledge any investment securities as collateral for any of its FHLB advances.

LOANS RECEIVABLE

LOANS RECEIVABLE	9 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
LOANS RECEIVABLE	5. LOANS RECEIVABLE Loans receivable consist of the following: June 30, September 30, 2017 2016 (Dollars in Thousands) One-to-four family residential $ 354,338 $ 233,531 Multi-family residential 16,913 12,478 Commercial real estate 129,846 79,859 Construction and land development 93,671 21,839 Commercial business 490 99 Leases 4,922 3,286 Consumer 1,995 799 Total loans 602,175 351,891 Undisbursed portion of loans-in-process (50,792 ) (5,371 ) Deferred loan fees and (costs) (2,903 ) 1,697 Allowance for loan losses (4,058 ) (3,269 ) Net loans $ 544,422 $ 344,948 The following table summarizes by loan segment the balance in the allowance for loan losses and the loans individually and collectively evaluated for impairment by loan segment at June 30, 2017: One- to-four Multi-family Commercial real Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) Allowance for loan losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,242 158 1,224 1,011 4 27 24 368 4,058 Total ending allowance balance $ 1,242 $ 158 $ 1,224 $ 1,011 $ 4 $ 27 $ 24 $ 368 $ 4,058 Loans: Individually evaluated for impairment $ 6,679 $ 323 $ 2,377 $ 8,713 $ - $ - $ - $ 18,092 Collectively evaluated for impairment 347,659 16,590 127,469 84,958 490 4,922 1,995 584,083 Total loans $ 354,338 $ 16,913 $ 129,846 $ 93,671 $ 490 $ 4,922 $ 1,995 $ 602,175 The following table summarizes by loan segment the balance in the allowance for loan losses and the loans individually and collectively evaluated for impairment by loan segment at September 30, 2016: One- to-four Multi-family Commercial real Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) Allowance for loan losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,627 137 859 316 1 21 10 298 3,269 Total ending allowance balance $ 1,627 $ 137 $ 859 $ 316 $ 1 $ 21 $ 10 $ 298 $ 3,269 Loans: Individually evaluated for impairment $ 5,553 $ 335 $ 3,154 $ 10,288 $ 99 $ - $ - $ 19,429 Collectively evaluated for impairment 227,978 12,143 76,705 11,551 - 3,286 799 332,462 Total loans $ 233,531 $ 12,478 $ 79,859 $ 21,839 $ 99 $ 3,286 $ 799 $ 351,891 The loan portfolio is segmented at a level that allows management to monitor both risk and performance. Management evaluates for potential impairment all construction, multi-family, commercial real estate and commercial business loans, all loans and leases more than 90 days delinquent as to principal and/or interest. Loans are considered to be impaired when, based on current information and events, it is probable that the Company will be unable to collect in full the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Once the determination is made that a loan is impaired, the determination of whether a specific allocation of the allowance is necessary is generally measured by comparing the recorded investment in the loan to the fair value of the loan using one of the following three methods: (a) the present value of the expected future cash flows discounted at the loan’s effective interest rate; (b) the loan’s observable market price; or (c) the fair value of the collateral less selling costs. Management primarily utilizes the fair value of collateral method as a practically expedient alternative. On collateral method evaluations, any portion of the loan deemed uncollectible is charged-off against the loan loss allowance. The following table presents impaired loans by class as of June 30, 2017, segregated by those for which a specific allowance was required and those for which a specific allowance was not required. Impaired Loans with Impaired Loans with No Specific Specific Allowance Allowance Total Impaired Loans (Dollars in Thousands) Unpaid Recorded Related Recorded Recorded Principal Investment Allowance Investment Investment Balance One-to-four family residential $ - $ - $ 6,679 $ 6,679 $ 6,908 Multi-family residential - - 323 323 323 Commercial real estate - - 2,377 2,377 2,377 Construction and land development - - 8,713 8,713 10,532 Total impaired loans $ - $ - $ 18,092 $ 18,092 $ 20,140 The following table presents impaired loans by class as of September 30, 2016, segregated by those for which a specific allowance was required and those for which a specific allowance was not required. Impaired Loans with Impaired Loans with No Specific Specific Allowance Allowance Total Impaired Loans (Dollars in Thousands) Unpaid Recorded Related Recorded Recorded Principal Investment Allowance Investment Investment Balance One-to-four family residential $ - $ - $ 5,553 $ 5,553 $ 5,869 Multi-family residential - - 335 335 335 Commercial real estate - - 3,154 3,154 3,154 Construction and land development - - 10,288 10,288 10,288 Commercial loans - - 99 99 99 Total impaired loans $ - $ - $ 19,429 $ 19,429 $ 19,745 The following tables present the average recorded investment in impaired loans and related interest income recognized for the periods indicated: Three Months Ended June 30, 2017 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 5,965 $ 12 $ 34 Multi-family residential 326 6 - Commercial real estate 2,801 6 - Construction and land development 9,607 - - Total impaired loans $ 18,699 $ 24 $ 34 Three Months Ended June 30, 2016 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 5,052 $ 14 $ 30 Multi-family residential 341 6 - Commercial real estate 3,595 35 - Construction and land development 9,808 - - Total impaired loans $ 18,796 $ 55 $ 30 Nine Months Ended June 30, 2017 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 5,280 $ 59 $ 91 Multi-family residential 329 17 - Commercial real estate 2,938 41 12 Construction and land development 10,399 - - Total impaired loans $ 18,946 $ 117 $ 103 Nine Months Ended June 30, 2016 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 4,978 $ 89 $ 78 Multi-family residential 346 18 - Commercial real estate 3,667 74 12 Construction and land development 9,432 - 62 Total impaired loans $ 18,423 $ 181 $ 152 Federal regulations and our loan policy require that the Company utilize an internal asset classification system as a means of reporting problem and potential problem assets. The Company has incorporated an internal asset classification system, consistent with Federal banking regulations, as a part of its credit monitoring system. Management currently classifies problem and potential problem assets as “special mention”, “substandard,” “doubtful” or “loss” assets. An asset is considered “substandard” if it is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. “Substandard” assets include those characterized by the “distinct possibility” that the insured institution will sustain “some loss” if the deficiencies are not corrected. Assets classified as “doubtful” have all of the weaknesses inherent in those classified “substandard” with the added characteristic that the weaknesses present make “collection or liquidation in full,” on the basis of currently existing facts, conditions, and values, “highly questionable and improbable.” Assets classified as “loss” are those considered “uncollectible” and of such little value that their continuance as assets without the establishment of a specific loss reserve is not warranted. Assets which do not currently expose the insured institution to sufficient risk to warrant classification in one of the three aforementioned categories but possess weaknesses are required to be designated “special mention.” The following tables present the classes of the loan portfolio in which a formal risk rating system is utilized summarized by the aggregate “Pass” and the criticized category of “special mention”, and the classified categories of “substandard”, “doubtful” and “loss” within the Company’s risk rating system as applied to the loan portfolio. The Company had no loans classified as “doubtful” or “loss” at either of the dates presented. June 30, 2017 Special Total Pass Mention Substandard Loans (Dollars in Thousands) One-to-four family residential $ - $ 1,645 $ 1,951 $ 3,596 Multi-family residential 16,590 - 323 16,913 Commercial real estate 126,656 1,458 1,732 129,846 Construction and land development 84,958 - 8,713 93,671 Commercial business 490 - - 490 Total loans $ 228,694 $ 3,103 $ 12,719 $ 244,516 September 30, 2016 Special Total Pass Mention Substandard Loans (Dollars in Thousands) One-to-four family residential $ - $ 1,681 $ 1,212 $ 2,893 Multi-family residential 12,144 - 334 12,478 Commercial real estate 76,185 943 2,731 79,859 Construction and land development 11,551 - 10,288 21,839 Commercial business 99 - - 99 Total loans $ 99,979 $ 2,624 $ 14,565 $ 117,168 The Company evaluates the classification of one-to-four family residential, leases and consumer loans primarily on a pooled basis. If the Company becomes aware that adverse or distressed conditions exist that may affect a particular single-family residential or consumer loan, the loan is downgraded following the above definitions of special mention, substandard, doubtful and loss. The following tables represent loans in which a formal risk rating system is not utilized, but loans are segregated between performing and non-performing based primarily on delinquency status. Non-performing loans that would be included in the tables are those loans greater than 90 days past due as to principal and/or interest that do not have a designated risk rating. June 30, 2017 Non- Total Performing Performing Loans (Dollars in Thousands) One-to-four family residential $ 344,967 $ 5,775 $ 350,742 Leases 4,922 - 4,922 Consumer 1,995 - 1,995 Total residential and consumer loans $ 351,884 $ 5,775 $ 357,659 September 30, 2016 Non- Total Performing Performing Loans (Dollars in Thousands) One-to-four family residential $ 226,394 $ 4,244 $ 230,638 Leases 3,286 - 3,286 Consumer 799 - 799 Total residential and consumer loans $ 230,479 $ 4,244 $ 234,723 Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is due or overdue, as the case may be. The following table presents the loan categories of the loan portfolio summarized by the aging categories of performing and delinquent loans and nonaccrual loans: June 30, 2017 90 Days+ Total 30-89 Days 90 Days + Past Due Past Due Total Non- Current Past Due Past Due and Accruing and Accruing Loans Accrual (Dollars in Thousands) One-to-four family residential $ 349,359 $ 1,910 $ 3,069 $ - $ 1,910 $ 354,338 $ 5,775 Multi-family residential 16,913 - - - - 16,913 Commercial real estate 128,035 465 1,346 - 465 129,846 1,603 Construction and land development 84,958 - 8,714 - - 93,671 8,714 Commercial business 490 - - - - 490 - Leases 4,922 - - - - 4,922 - Consumer 1,936 59 - - 59 1,995 - Total loans $ 586,613 $ 2,434 $ 13,129 $ - $ 2,434 $ 602,175 $ 16,092 September 30, 2016 90 Days+ Total 30-89 Days 90 Days + Past Due Past Due Total Non- Current Past Due Past Due and Accruing and Accruing Loans Accrual (Dollars in Thousands) One-to-four family residential $ 228,904 $ 1,860 $ 2,767 $ - $ 1,860 $ 233,531 $ 4,244 Multi-family residential 12,478 - - - - 12,478 - Commercial real estate 78,513 - 1,346 - - 79,859 1,346 Construction and land development 11,551 - 10,288 - - 21,839 10,288 Commercial business 99 - - - - 99 - Leases 3,286 - - - - 3,286 - Consumer 799 - - - - 799 - Total loans $ 335,630 $ 1,860 $ 14,401 $ - $ 1,860 $ 351,891 $ 15,878 The allowance for loan losses is established through a provision for loan losses charged to expense. The Company maintains the allowance at a level believed to cover all known and inherent losses in the portfolio that are both probable and reasonable to estimate at each reporting date. Management reviews the allowance for loan losses no less than quarterly in order to identify these inherent losses and to assess the overall collection probability for the loan portfolio in view of these inherent losses. For each primary type of loan, a loss factor is established reflecting an estimate of the known and inherent losses in such loan type contained in the portfolio using both a quantitative analysis as well as consideration of qualitative factors. The evaluation process includes, among other things, an analysis of delinquency trends, non-performing loan trends, the level of charge-offs and recoveries, prior loss experience, total loans outstanding, the volume of loan originations, the type, size and geographic concentration of the Company’s loans, the value of collateral securing the loans, the borrowers’ ability to repay and repayment performance, the number of loans requiring heightened management oversight, local economic conditions and industry experience. Commercial real estate loans entail significant additional credit risks compared to owner-occupied one-to-four family residential mortgage loans, as they generally involve large loan balances concentrated with single borrowers or groups of related borrowers. In addition, the payment experience on loans secured by income-producing properties typically depends on the successful operation of the related real estate project and/or business operation of the borrower who is, in some cases, also the primary occupant, and thus may be subject to a greater extent to the effects of adverse conditions in the real estate market and in the economy in general. Commercial business loans typically involve a higher risk of default than residential loans of like duration since their repayment is generally dependent on the successful operation of the borrower’s business and the sufficiency of collateral, if any. Land acquisition, development and construction lending exposes the Company to greater credit risk than permanent mortgage financing. The repayment of land acquisition, development and construction loans depends upon the sale of the property to third parties or the availability of permanent financing upon completion of all improvements. These events may adversely affect the sale of the properties, potentially reducing both the borrower’s ability to make required payments as well as reducing the value of the collateral properties. Such lending is additionally subject to the risk that if the estimate of construction cost proves to be inaccurate, the Company potentially will be compelled to advance additional funds to allow completion of the project. In addition, if the estimate of value proves to be inaccurate, the Company may be confronted with a project, when completed, having less value than the loan amount. If the Company is forced to foreclose on a project prior to completion, there is no assurance that the Company would be able to recover the entire unpaid portion of the loan. The following tables summarize the primary segments of the allowance for loan losses. Activity in the allowance is presented for the both three and nine month periods ended June 30, 2017 and 2016: Three Months Ended June 30, 2017 One- to Multi- Commercial Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2017 $ 1,350 $ 122 $ 862 $ 1,035 $ - $ 28 $ 135 $ 364 $ 3,896 Charge-offs - - - - - - - - - Recoveries 132 - - - - - - - 132 Provision (241 ) 36 362 (24 ) 4 (1 ) (111 ) 5 30 ALLL balance at June 30, 2017 $ 1,241 $ 158 $ 1,224 $ 1,011 $ 4 $ 27 $ 24 $ 369 $ 4,058 Nine Months Ended June 30, 2017 One- to Multi- Commercial Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2016 $ 1,627 $ 137 $ 859 $ 316 $ 1 $ 21 $ 10 $ 298 $ 3,269 Charge-offs (113 ) - - (1,819 ) - - (16 ) - (1,948 ) Recoveries 157 - - - - - - - 157 Provision (430 ) 21 365 2,514 3 6 30 71 2,580 ALLL balance at June 30, 2017 $ 1,241 $ 158 $ 1,224 $ 1,011 $ 4 $ 27 $ 24 $ 369 $ 4,058 Three Months Ended June 30, 2016 One- to Multi- Commercial Construction Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2016 $ 1,511 $ 43 $ 428 $ 773 $ 7 $ 276 $ 3,038 Charge-offs - - - - - - - Recoveries 81 - - - - - 81 Provision (147 ) 19 236 4 2 36 150 ALLL balance at June 30, 2016 $ 1,445 $ 62 $ 664 $ 777 $ 9 $ 312 $ 3,269 Nine Months Ended June 30, 2016 One- to Multi- Commercial Construction Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2015 $ 1,635 $ 66 $ 231 $ 724 $ 5 $ 269 $ 2,930 Charge-offs (11 ) - - - - - (11 ) Recoveries 93 - 32 - - - 125 Provision (272 ) (4 ) 401 53 4 43 225 ALLL balance at June 30, 2016 $ 1,445 $ 62 $ 664 $ 777 $ 9 $ 312 $ 3,269 The Company recorded a provision for loan losses in the amount of $30,000 and $2.6 million, respectively, for the three and nine months ended June 30, 2017. The level of the provision for loan losses for the nine months ended June 30, 2017 was primarily due to a $1.9 million charge-off related to a borrower (discussed below) whose primary project financed currently by the Bank involves the proposed development of 169 residential lots. The Bank and the borrower are in litigation and no resolution of the situation has been arrived at as of June 30, 2017 hereof in part due to the bankruptcy filing by the borrower effected in June 2017. In light of the status of both the litigation as well as the progress of construction of the project, the Company recorded a $1.9 million non-cash charge-off during the quarter ended March 31, 2017. The remaining portion of the provision recorded during the nine-months ended June 30, 2017 was related to an increase in the outstanding balance of loans. For both the three and nine month period ended June 30, 2017, the provision allocation was effected due to the increased balance of commercial real estate loans which generally have a slightly higher level of inherent risk, compared to single-family residential loans. The loans acquired from Polonia Bancorp initially did not have any impact on the allowance for loan losses, because they were acquired at their fair value. Any write-downs to fair value were reflected in the one-time merger-related charge. In the event that the credit quality of any loans acquired from Polonia Bancorp credit should deteriorate in the future, additional provisions may be required. At June 30, 2017, the Company had nine loans aggregating $6.1 million that were classified as troubled debt restructurings (“TDRs”). Three of such loans aggregating $4.9 million were designated non-performing as of June 30, 2017; one of such loans in the amount of $1.4 million has continued to make payments in accordance with the restructured terms, but management continues to have concerns over the borrower’s ability to make future payments and as a result has determined to not return the loan to performing status. The remaining two TDRs classified non-accrual totaling $3.5 million are a part of one of the Bank’s largest borrowing relationships totaling $8.9 million (after taking into account the $1.9 million write-down recognized during the quarter ending March 31, 2017). The primary project of the borrower is the subject of litigation between the Bank and the borrower and as a result, the project is currently not proceeding. The borrower has recently filed for bankruptcy under Chapter 11. The Company has removed the underlying litigation noted above between the borrower from state court to the federal bankruptcy court. The remaining six TDRs have performed in accordance with the terms of their revised agreements and have been placed on accruing status. As of June 30, 2017, the Company had reviewed $18.1 million of loans for possible impairment of which $12.7 million was classified substandard compared to $19.4 million reviewed for possible impairment and $14.6 million of which was classified substandard as of September 30, 2016.

DEPOSITS

DEPOSITS	9 Months Ended
	Jun. 30, 2017
Deposits [Abstract]
DEPOSITS	6. DEPOSITS Deposits consist of the following major classifications: June 30, September 30, 2017 2016 Amount Percent Amount Percent (Dollars in Thousands) Money market deposit accounts $ 81,211 13.2 % $ 55,552 14.3 % Interest-bearing checking accounts 54,574 8.9 34,984 9.3 Non interest-bearing checking accounts 9,569 1.6 3,804 0.7 Passbook, club and statement savings 104,446 17.0 70,924 18.2 Certificates maturing in six months or less 123,656 20.1 97,418 25.0 Certificates maturing in more than six months 241,390 39.2 126,519 32.5 Total $ 614,846 100.0 % $ 389,201 100.0 % Certificates of $250,000 and over totaled $24.6 million as of June 30, 2017 and $17.0 million as of September 30, 2016.

ADVANCES FROM FEDERAL HOME LOAN

ADVANCES FROM FEDERAL HOME LOAN BANK	9 Months Ended
	Jun. 30, 2017
Advances from Federal Home Loan Banks [Abstract]
ADVANCES FROM FEDERAL HOME LOAN BANK	7. ADVANCES FROM FEDERAL HOME LOAN BANK Short-Term The following table reflects the outstanding balances and related information for short-term borrowings (less than one year) from the Federal Home Loan Bank of Pittsburgh, (“FHLB”). Three Months Nine Months Ended Ended June 30, 2017 June 30, 2017 (Dollars in Thousands) Balance at period-end $ 20,000 $ 20,000 Average balance outstanding 20,000 21,667 Maximum month-end balance 20,000 35,000 Weight-average rate at period end 1.25 % 1.25 % Weight-average rate during the period 1.12 % 0.80 % Three Months Nine Months Ended Ended June 30, 2016 June 30, 2016 (Dollars in Thousands) Balance at period-end $ 20,000 $ 20,000 Average balance outstanding 20,000 20,000 Maximum month-end balance 20,000 20,000 Weight-average rate at period end 0.56 % 0.56 % Weight-average rate during the period 0.56 % 0.56 % As of June 30, 2017, $20.0 million of the outstanding balance is related to two $10.0 million 30 day FHLB advances associated with an interest rate swap contract with a weighted average effective cost of 117 basis points. Average balances outstanding during the periods presented represent daily average balance and interest rates represent interest expense divided by the related average balance. The Bank maintains borrowing facilities with the FHLB and Federal Reserve Bank of Philadelphia and the interest rate will be based on market rates that are available on the date of execution. Long-Term Pursuant to collateral agreement with the FHLB, advances are secured by a blanket pledge of qualifying loans held by the Bank and qualifying fixed-income securities and FHLB stock. The long-term advances outstanding as of June 30, 2017 are as follows: Type Maturity Date Amount Coupon Call Date (Dollars in Thousands) Fixed Rate - Advances 17-Nov-17 $ 10,000 1.20 % Not Applicable Fixed Rate - Amortizing 1-Dec-17 1,009 1.16 % Not Applicable Fixed Rate - Advances 4-Dec-17 2,000 1.15 % Not Applicable Fixed Rate - Advances 19-Mar-18 5,045 2.53 % Not Applicable Fixed Rate - Advances 19-Mar-18 5,031 2.13 % Not Applicable Fixed Rate - Advances 20-Jun-18 3,015 1.86 % Not Applicable Fixed Rate - Advances 25-Jun-18 3,022 2.09 % Not Applicable Fixed Rate - Advances 27-Aug-18 7,223 4.15 % Not Applicable Fixed Rate - Advances 15-Nov-18 3,017 1.89 % Not Applicable Fixed Rate - Advances 16-Nov-18 7,500 1.40 % Not Applicable Fixed Rate - Advances 26-Nov-18 2,010 1.81 % Not Applicable Fixed Rate - Advances 3-Dec-18 3,000 1.54 % Not Applicable Fixed Rate - Advances 16-Aug-19 3,063 2.66 % Not Applicable Fixed Rate - Advances 9-Oct-19 2,038 2.53 % Not Applicable Fixed Rate - Amortizing 18-Nov-19 3,363 1.53 % Not Applicable Fixed Rate - Advances 26-Nov-19 3,047 2.35 % Not Applicable Fixed Rate - Advances 22-Jun-20 3,068 2.60 % Not Applicable Fixed Rate - Advances 24-Jun-20 2,059 2.85 % Not Applicable Fixed Rate - Advances 27-Jul-20 249 1.38 % Not Applicable Fixed Rate - Advances 17-Aug-20 2,073 3.06 % Not Applicable Fixed Rate - Advances 9-Oct-20 2,066 2.92 % Not Applicable Fixed Rate - Advances 27-Jul-21 249 1.52 % Not Applicable Fixed Rate - Advances 28-Jul-21 249 1.48 % Not Applicable Fixed Rate - Advances 29-Jul-21 249 1.42 % Not Applicable Fixed Rate - Advances 19-Aug-21 249 1.55 % Not Applicable Fixed Rate - Advances 7-Oct-21 2,095 3.19 % Not Applicable Fixed Rate - Advances 12-Oct-21 2,089 3.23 % Not Applicable Fixed Rate - Advances 6-Jun-22 10,000 2.05 % Not Applicable $ 88,078 2.19 % (a) (a) Weighted average coupon rate. The long-term advances outstanding as of September 30, 2016 are as follows: Type Maturity Date Amount Coupon Call Date (Dollars in Thousands) Fixed Rate -Advance 17-Nov-17 $ 10,000 1.20 % Not Applicable Fixed Rate -Amortizing 1-Dec-17 2,511 1.16 % Not Applicable Fixed Rate -Advance 4-Dec-17 2,000 1.15 % Not Applicable Fixed Rate -Advance 16-Nov-18 7,500 1.40 % Not Applicable Fixed Rate -Advance 3-Dec-18 3,000 1.54 % Not Applicable Fixed Rate -Amortizing 18-Nov-19 4,382 1.53 % Not Applicable Fixed Rate -Advance 27-Jul-20 249 1.38 % Not Applicable Fixed Rate -Advance 27-Jul-21 249 1.52 % Not Applicable Fixed Rate -Advance 28-Jul-21 249 1.48 % Not Applicable Fixed Rate -Advance 29-Jul-21 249 1.42 % Not Applicable Fixed Rate -Advance 19-Aug-21 249 1.55 % Not Applicable $ 30,638 1.34 % (a) (a) Weighted average coupon rate.

DERIVATIVES

DERIVATIVES	9 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	8. DERIVATIVES The Company has contracted with a third party to participate in pay-fixed interest rate swap contracts. The amount of swaps outstanding at June 30, 2017 is being utilized to hedge $20. million in floating-rate debt consisting solely of FHLB advances. Below is a summary of the interest rate swap agreements and the terms there of as of June 30, 2017. June 30, 2017 Notional Pay Receive Maturity Unrealized Amount Rate Rate Date Gain (Dollars in Thousands) Interest rate swap contract $ 10,000 1.15 % 1 Month Libor 6-Apr-21 $ 214 Interest rate swap contract 10,000 1.18 % 1 Month Libor 13-Jun-21 221 Interest rate swap contract 1,100 4.10 % 1 Month Libor +276 bp 1-Aug-26 64 $ 499 All three interest rate swaps are carried at fair value in accordance with FASB ASC 815 "Derivatives and Hedging." Below is a summary of the interest rate swap agreements and the terms as of September 30, 2016. They are the same swap agreements that were in force as of June 30, 2017. September 30, 2016 Notinal Pay Receive Maturity Unrealized (Dollar in Thousands) Interest rate swap contract $ 10,000 1.15 % 1 Month Libor 6-Apr-21 $ (92 ) Interest rate swap contract 10,000 1.18 % 1 Month Libor 13-Jun-21 (103 ) Interest rate swap contract 1,100 4.10 % 1 Month Libor +276 bp 1-Aug-26 (7 ) $ (202 ) All three interest swaps are carried at fair value in accordance with FASB ASC 815 “Derivatives and Hedging.”

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	9. INCOME TAXES Items that gave rise to significant portions of deferred income taxes are as follows: June 30, September 30, 2017 2016 Deferred tax assets: (Dollars in Thousands) Allowance for loan losses $ 1,647 $ 1,289 Nonaccrual interest 286 163 Accrued vacation 12 13 Capital loss carryforward 387 378 Split dollar life insurance 18 18 Post-retirement benefits 97 96 Other real estate owned 3 - Unrealized losses on available for sale securities 524 - Goodwill 2,729 - Purchase accounting (Polonia Bancorp) 935 - Unrealized losses on interest rate swaps - 69 Employee benefit plans 327 434 Total deferred tax assets 6,965 2,460 Valuation allowance (387 ) (378 ) Total deferred tax assets, net of valuation allowance 6,578 2,082 Deferred tax liabilities: Property 393 423 Unrealized gains on available for sale securities - 500 Section 481(a) Adjustment - 12 Unrealized gains on interest rate swaps 170 - Deferred loan fees 534 578 Total deferred tax liabilities 1,097 1,513 Net deferred tax assets $ 5,481 $ 569 The Company establishes a valuation allowance for deferred tax assets when management believes that the use of the deferred tax assets is not likely to be fully realized through a carry back to taxable income in prior years or future reversals of existing taxable temporary differences, and/or to a lesser extent, future taxable income. The tax deduction generated by the redemption of the shares of a mutual fund held by the Bank and the subsequent impairment charge on the assets acquired through the redemption in kind are considered capital losses and can only be utilized to the extent of capital gains recognized over a five year period, resulting in the establishment of a valuation allowance for the carryforward period. The valuation allowance totaled $387,000 at June 30, 2017 and $378,000 at September 30, 2016. There is currently no liability for uncertain tax positions and no known unrecognized tax benefits. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the Consolidated Statements of Operations as a component of income tax expense. The Company’s federal and state income tax returns for taxable years through September 30, 2014 have been closed for purposes of examination by the Internal Revenue Service and the Pennsylvania Department of Revenue.

STOCK COMPENSATION PLANS

STOCK COMPENSATION PLANS	9 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
STOCK COMPENSATION PLANS	10. STOCK COMPENSATION PLANS As of December 31, 2016, the Boards of Directors of the Company and the Bank voted to terminate the Bank’s employee stock ownership plan (“ESOP”) effective December 31, 2016. The Company has submitted the proper notices with the Internal Revenue Service and is awaiting receipt of a determination letter in connection with the termination of the ESOP before the final allocation is made to the individual participants. The Bank maintained the ESOP for substantially for the benefit all its full-time employees. The ESOP purchased 427,057 shares of common stock for an aggregate cost of approximately $4.5 million in fiscal 2005 in connection with the Bank’s mutual holding company reorganization. The ESOP purchased in connection with the second-step conversion of the Bank an additional 255,564 shares during December 2013 and an additional 30,100 shares at the beginning of January 2014, of the Company’s common stock for an aggregate cost of approximately $3.1 million. The shares were purchased with the proceeds of two loans from the Company. Shares of the Company’s common stock purchased by the ESOP are held in a suspense account until released for allocation to participants as the loans are repaid. Shares are allocated to each eligible participant based on the ratio of each such participant’s compensation, as defined in the ESOP, to the total compensation of all eligible plan participants. As the unearned shares are released from the suspense account, the Company recognizes compensation expense equal to the fair value of the ESOP shares during the periods in which they become committed to be released. To the extent that the fair value of the ESOP shares upon release differs from the cost of such shares, the difference is charged or credited to equity as additional paid-in capital. As of June 30, 2017, the ESOP held 394,156 shares of which a total of 243,734 shares were allocated to participants, 303,115 shares were used to payoff the remaining $5.2 million balance the two loans used to fund the ESOP plan and released an additional 35,517 shares as of December 31, 2016. For the nine months ended June 30, 2017 and 2016, the Company recognized $139,000 (which was recorded during the first quarter of the current period) and $384,000, respectively, in compensation expense related to the ESOP. In connection with the termination of the ESOP, the ESOP was required to repay the outstanding indebtness the collateral held in the suspense account. Approximately 115,000 unallocated shares will be allocated to eligible participants upon approval by the Internal Revenue Service. The Company maintains the 2008 Recognition and Retention Plan (“2008 RRP”) which is administered by a committee of the Board of Directors of the Company. The RRP provides for the grant of shares of common stock of the Company to officers, employees and directors of the Company. In order to fund the grant of shares under the RRP, the 2008 RRP purchased 213,528 shares of the Company’s common stock in the open market for an aggregating cost of approximately $2.5 million, at an average purchase price per share of $11.49. The Company made sufficient contributions to the 2008 RRP to fund these purchases. As of June 30, 2017, all the shares had been awarded as part of the 2008 RRP. Shares subject to awards under the 2008 RRP generally vest at the rate of 20% per year over five years. During February 2015, shareholders approved the 2014 Stock Incentive Plan (the “2014 SIP”). As part of the 2014 SIP, a maximum of 285,655 shares of common stock can be awarded as restricted stock awards or units, of which 233,500 shares were awarded during February 2015 of which 53,462 shares have been forfeited as of June 30, 2017. In August 2016, the Company granted 7,473 shares under the 2008 RRP and 3,027 shares under the 2014 SIP. In March 2017, the Company granted 17,128 shares under the 2014 SIP. Compensation expense related to the shares subject to restricted stock awards granted is recognized ratably over the five-year vesting period in an amount which totals the grant date fair value multiplied by the number of shares subject to the grant. During the three and nine months ended June 30, 2017, an aggregate of $149,000 and $430,000, respectively, was recognized in compensation expense for the grants pursuant to the 2008 RRP and the grants pursuant to the 2014 SIP. An income tax benefit of $51,000 and $146,000, was recognized for the three and nine months ended June 30, 2017, respectively. During the three and nine months ended June 30, 2016, $87,000 and $329,000 was recognized in compensation expense for the grants pursuant to the 2008 RRP and the grants pursuant to the 2014 SIP. An income tax benefit of $30,000 and $112,000 was recognized for the three and nine months ended June 30, 2016. At June 30, 2017, approximately $1.2 million in additional compensation expense for shares awarded related to the 2008 RRP and 2014 SIP remained unrecognized. The weighted average period over which this expense will be recognized is approximately 3.1 years. A summary of the Company’s non-vested stock award activity for the nine months ended June 30, 2017 and 2016 is presented in the following tables: Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2016 172,788 $ 12.03 Granted 17,128 17.43 Forfeited - - Vested (43,755 ) 11.59 Nonvested stock awards at the June 30, 2017 146,161 $ 12.78 Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2015 241,428 $ 11.74 Granted - - Forfeited (30,180 ) 11.55 Vested (55,279 ) 11.59 Nonvested stock awards at the June 30, 2016 155,969 $ 11.83 The Company maintains the 2008 Stock Option Plan (the “2008 Option Plan”) which authorizes the grant of stock options to officers, employees and directors of the Company to acquire shares of common stock with an exercise price at least equal to the fair market value of the common stock on the grant date. Options generally become vested and exercisable at the rate of 20% per year over five years and are generally exercisable for a period of ten years after the grant date. A total of 533,808 shares of common stock were approved for future issuance pursuant to the 2008 Option Plan. As of June 30, 2017, all of the options had been awarded under the 2008 Option Plan. As of June 30, 2017, 467,758 options were vested under the 2008 Option Plan. The 2014 SIP reserved up to 714,145 shares for issuance pursuant to options. Options to purchase 587,112 shares were awarded during February 2015, 608,737 shares pursuant to the 2014 SIP and the remainder pursuant to the 2008 Option Plan. During August 2016, the Company granted 18,866 shares under the 2008 Option Plan and 8,634 shares under the 2014 SIP. In March 2017, the Company granted 22,828 shares under the 2014 SIP. In May 2017, the Company granted 25,000 shares under the 2014 SIP. A summary of the status of the Company’s stock options under the 2008 Option Plan and the 2014 SIP for the nine months ended June 30, 2017 and 2016 are presented below: Nine Months Ended Number of Weighted Average Outstanding at October 1, 2016 921,909 $ 11.70 Granted 47,828 17.48 Exercised (40,757 ) 11.48 Forfeited - - Outstanding at June 30, 2017 928,980 $ 11.85 Exercisable at June 30, 2017 552,435 $ 11.43 Nine Months Ended Number of Weighted Average Outstanding at October 1, 2015 1,074,430 $ 11.92 Granted - - Exercised (89,358 ) 11.61 Forfeited (80,476 ) 11.52 Outstanding at June 30, 2016 904,596 $ 11.99 Exercisable at June 30, 2016 489,679 $ 11.45 The weighted average remaining contractual term was approximately 4.5 years for options outstanding as of June 30, 2017. The estimated fair value of options granted during fiscal 2009 was $2.98 per share, $2.92 for options granted during fiscal 2010, $3.34 for options granted during fiscal 2013, $4.67 for the options granted during fiscal 2014, $4.58 for options granted during fiscal 2015, $2.13 for options granted during fiscal 2016, and $3.18 for options granted during fiscal 2017. The fair value for grants made in fiscal 2015 was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: an exercise and fair value of $12.23, expected term of seven years, volatility rate of 38.16%, interest rate of 1.62% and a yield of 0.98%. The fair value for grants made in fiscal 2016 was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: an exercise and fair value of $14.42, expected term of seven years, volatility of 13.82%, interest rate of 1.36% and a yield of 0.80%. The fair value for grants made in March and May 2017 was estimated on the date of grant using the Black-Scholes pricing model with the following assumptions: an exercise and fair value of $17.43, expected term of seven years, volatility of 14.4%, interest rate of 2.22% and a yield of 0.69%. During the three and nine months ended June 30, 2017, $139,000 and $397,000, respectively, was recognized in compensation expense for options granted pursuant to the 2008 Option Plan and the 2014 SIP. A tax benefit of $17,000 and $49,000 was recognized for the three and nine months ended June 30, 2017, respectively. During the three and nine months ended June 30, 2016, $106,000 and $322,000, respectively, was recognized in compensation expense for options granted pursuant to the 2008 Option Plan and the 2014 SIP. A tax benefit of $36,000 and $44,000, respectively, was recognized for the three and nine months ended June 30, 2016. At June 30, 2017, there was approximately $1.5 million in additional compensation expense to be recognized for awarded options which remained outstanding and unvested at such date. The weighted average period over which this expense will be recognized is approximately 3.2 years.

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	9 Months Ended
	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	11. COMMITMENTS AND CONTINGENT LIABILITIES At June 30, 2017, the Company had $34.7 million in outstanding commitments to originate fixed-rate and variable-rate loans with market interest rates ranging from 4.00% to 5.50%. At September 30, 2016, the Company had $9.9 million in outstanding commitments to originate fixed-rate loans with market interest rates ranging from 3.75% to 5.0%. The aggregate undisbursed portion of loans-in-process amounted to $50.8 million at June 30, 2017 and $5.4 million at September 30, 2016. The Company also had commitments under unused lines of credit of $8.9 million as of June 30, 2017 and $3.3 million as of September 30, 2016 and letters of credit outstanding of $1.5 million as of June 30, 2017 and $1.9 million as of September 30, 2016. Among the Company’s contingent liabilities are exposures to limited recourse arrangements with respect to the Company’s sales of whole loans and participation interests. At June 30, 2017, the exposure, which represents a portion of credit risk associated with the interests sold, amounted to $1.8 million related to loans sold to the FHLB. This exposure is for the life of the related loans and payables, on our proportionate share, as actual losses are incurred. These loans are seasoned loans and remain performing. The Company is involved in various legal proceedings occurring in the ordinary course of business. Management of the Company, based on discussions with litigation counsel, believes that such proceedings will not have a material adverse effect on the financial condition, operations or cash flows of the Company. However, there can be no assurance that any of the outstanding legal proceedings to which the Company is a party will not be decided adversely to the Company's interests and not have a material adverse effect on the financial condition and operations of the Company.

FAIR VALUE MEASUREMENT

FAIR VALUE MEASUREMENT	9 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	12. FAIR VALUE MEASUREMENT The fair value estimates presented herein are based on pertinent information available to management as of June 30, 2017 and September 30, 2016, respectively. Although management is not aware of any factors that would significantly affect the fair value amounts, such amounts have not been comprehensively revalued for purposes of these financial statements since that date and, therefore, current estimates of fair value may differ significantly from the amounts presented herein. Generally accepted accounting principles used in the United States establish a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value. The three broad levels of hierarchy are as follows: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 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 for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. Those assets as of June 30, 2017 which are to be measured at fair value on a recurring basis are as follows: Category Used for Fair Value Measurement Level 1 Level 2 Level 3 Total (Dollars in Thousands) Assets: Securities available for sale: U.S. Government and agency obligations $ - $ 20,620 $ - $ 20,620 Mortgage-backed securities - U.S. Government agencies - 125,715 - 125,715 Corporate bonds - 37,045 - 37,045 FHLMC preferred stock 59 - - 59 Interest rate swap contracts - 499 - 499 Total $ 59 $ 183,879 $ - $ 183,938 Those assets as of September 30, 2016 which are measured at fair value on a recurring basis are as follows: Category Used for Fair Value Measurement Level 1 Level 2 Level 3 Total (Dollars in Thousands) Assets: Securities available for sale: U.S. Government and agency obligations $ - $ 21,024 $ - $ 21,024 Mortgage-backed securities - U.S. Government agencies - 91,575 - 91,575 Corporate bonds - 26,053 - 26,053 FHLMC preferred stock 42 - - 42 Total $ 42 $ 138,652 $ - $ 138,694 Liabilities: Interest rate swap contracts $ - $ 202 $ - $ 202 Total $ - $ 202 $ - $ 202 Certain assets are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The Company measures impaired loans and real estate owned at fair value on a non-recurring basis. Impaired Loans The Company considers loans to be impaired when it becomes more likely than not that the Company will be unable to collect all amounts due (principle and interest) in accordance with the contractual terms of the loan agreements. Collateral dependent impaired loans are based on the fair value of the collateral which is based on appraisals and would be categorized as Level 2 measurement. In some cases, adjustments are made to the appraised values for various factors including the age of the appraisal, age of the comparable included in the appraisal, and known changes in the market and in the collateral. These adjustments are based upon unobservable inputs, and therefore, the fair value measurement has been categorized as a Level 3 measurement. These loans are reviewed for impairment and written down to their net realizable value by charges against the allowance for loan losses. The collateral underlying these loans had a fair value in excess of $18.0 million as of June 30, 2017 and $19.4 million as of September 30, 2016 Real Estate Owned Once an asset is determined to be uncollectible, the underlying collateral is generally repossessed and reclassified to foreclosed real estate and repossessed assets. These repossessed assets are carried at the lower of cost or fair value of the collateral, based on independent appraisals, less cost to sell and would be categorized as Level 2 measurement. In some cases, adjustments are made to the appraised values for various factors including age of the appraisal, age of the comparable included in the appraisal, and known changes in the market and in the collateral. As a result, the evaluations are based upon unobservable inputs, and therefore, the fair value measurement has been categorized as a Level 3 measurement. Summary of Non-Recurring Fair Value Measurements At June 30, 2017 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 18,092 $ 18,092 Real estate owned - - 192 192 Total $ - $ - $ 18,284 $ 18,284 At September 30, 2016 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 19,429 $ 19,429 Real estate owned - - 581 581 Total $ - $ - $ 20,010 $ 20,010 The following table provides information describing the valuation processes used to determine nonrecurring fair value measurements categorized within Level 3 of the fair value hierarchy: At June 30, 2017 (Dollars in Thousands) Valuation Range/ Fair Value Technique Unobservable Input Weighted Ave. Impaired loans $ 18,092 Property appraisals (1) (3) Management discount for selling costs, property type and market volatility (2) 6% to 10% discount/10% Real estate owned $ 581 Property appraisals (1)(3) Management discount for selling costs, property type and market volatility (2) 10% discount At September 30, 2016 (Dollars in Thousands) Valuation Range/ Fair Value Technique Unobservable Input Weighted Ave. Impaired loans $ 19,429 Property appraisals (1) (3) Management discount for selling costs, property type and market volatility (2) 6% to 46% discount/10% Real estate owned $ 581 Property appraisals (1)(3) Management discount for selling costs, property type and market volatility (2) 10% discount (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally includes various Level 3 inputs, which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. (3) Includes qualitative adjustments by management and estimated liquidation expenses. The fair value of financial instruments has been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is necessarily required to interpret market data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. Fair Value Measurements at June 30, 2017 Carrying Fair Amount Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 22,927 $ 22,927 $ 22,927 $ - $ - Certificate of deposits 1,853 1,853 1,853 - - Investment and mortgage-backed securities available for sale 183,439 183,439 59 183,380 - Investment and mortgage-backed securities held to maturity 59,654 58,570 - 58,570 - Loans receivable, net 544,422 548,697 - - 548,697 Accrued interest receivable 3,089 3,089 3,089 - - Other real estate owned 192 192 192 - - Federal Home Loan Bank stock 5,767 5,767 5,767 - - Bank owned life insurance 27,877 27,877 27,877 - - Interest rate swap contracts 499 499 - 499 - Liabilities: Checking accounts 64,143 64,143 64,143 - - Money market deposit accounts 81,211 81,211 81,211 - - Passbook, club and statement savings accounts 104,446 104,446 104,446 - - Certificates of deposit 365,046 360,527 - - 360,527 Accrued interest payable 1,339 1,339 1,339 - - Advances from FHLB -short-term 20,000 20,000 20,000 - - Advances from FHLB -long-term 88,078 87,372 - - 87,372 Advances from borrowers for taxes and insurance 3,982 3,982 3,982 - - Fair Value Measurements at September 30, 2016 Carrying Fair Amount Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 12,440 $ 12,440 $ 12,440 $ - $ - Certificate of deposits 1,853 1,853 1,853 - - Investment and mortgage-backed securities available for sale 138,694 138,694 42 138,652 - Investment and mortgage-backed securities held to maturity 39,971 40,700 - 40,700 - Loans receivable, net 344,948 344,100 - - 344,100 Accrued interest receivable 1,928 1,928 1,928 - - Federal Home Loan Bank stock 2,463 2,463 2,463 - - Bank owned life insurance 13,055 13,055 13,055 - - Liabilities: Checking accounts 38,788 38,788 38,788 - - Money market deposit accounts 55,552 55,552 55,552 - - Passbook, club and statement savings accounts 70,924 70,924 70,924 - - Certificates of deposit 223,937 225,383 - - 225,383 Accrued interest payable 1,403 1,403 1,403 - - Advances from FHLB -short-term 20,000 20,000 20,000 - - Advances from FHLB -long-term 30,638 30,222 - - 30,222 Advances from borrowers for taxes and insurance 1,748 1,748 1,748 - - Interest rate swap contracts 202 202 - 202 - Cash and Cash Equivalents Investments and Mortgage-Backed Securities - Loans Receivable - Accrued Interest Receivable – Federal Home Loan Bank (FHLB) Stock - Bank Owned Life Insurance - Checking Accounts, Money Market Deposit Accounts, Passbook Accounts, Club Accounts, Statement Savings Accounts, and Certificates of Deposit - Short-term Advances from Federal Home Loan Bank - Long-term Advances from Federal Home Loan Bank - Accrued Interest Payable – Interest rate swaps – Advances from borrowers for taxes and insurance – Commitments to Extend Credit and Letters of Credit -

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	13. GOODWILL AND OTHER INTANGIBLE ASSETS The Company’s goodwill and intangible assets are related to the acquisition of Polonia Bancorp on January 1, 2017. Balance Balance October 1, Additions/ June 30, Amortization 2016 Adjustments Amortization 2017 Period Goodwill $ - $ 7,163 $ - $ 7,163 Core deposit intangible - 822 (75 ) 747 10 years $ - $ 7,985 $ (75 ) $ 7,910 As of June 30, 2017, the current fiscal year and the future fiscal periods amortization expense for the core deposit intangible is: (In thousands) 2017 $ 37 2018 138 2019 123 2020 108 Thereafter 341

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
BUSINESS COMBINATIONS	14. BUSINESS COMBINATIONS On January 1, 2017, the previously announced proposed acquisition (the “Merger”) of Polonia Bancorp pursuant to the Agreement of Plan of Merger by and between Polonia Bancorp and the Company, dated as of June 2, 2016 (the “ Merger Agreement”) was completed. The shareholders of Polonia Bancorp had the option to receive $11.09 per share in cash or 0.7460 of a share of the Company common stock for each share of Polonia Bancorp common stock held thereby, subject to allocation provisions to assure that, in the aggregate, Polonia Bancorp shareholders received total merger consideration that consisted of 50% stock and 50% cash. As a result of Polonia Bancorp shareholder stock and cash elections and the related proration provisions of the Merger Agreement, the Company issued 1,274,197 shares of its common stock and approximately $18.9 million was paid in cash for the Merger. In connection with the Merger, the consideration paid and the estimated fair value of identifiable assets and liabilities assumed as of the date of the Merger are summarized in the following table: (dollars in thousands) Consideration paid: Common stock issued (1,274,197 shares) at a fair value per share of $17.12 per share. $ 21,814 Cash for common stock exchanged 18,944 Cash in lieu of fractional shares 1 40,759 Assets acquired: Cash and due from banks 47,901 Investments available for sale 42,164 Loans 160,157 Premises and equipment 6,902 Deferred taxes 3,921 Bank-owned life insurance 4,316 Core deposit intangible 822 Other assets 5,802 Total assets 271,985 Liabilities assumed: Deposits 172,243 FHLB advances, short-term 7,000 FHLB advances, long -term 50,232 Other liabilities 8,914 Total liabilities 238,389 Net assets acquired 33,596 Goodwill resulting from the acquisition $ 7,163 The following table summarizes the estimated fair value of the assets acquired and the liabilities assumed as of the date of acquisition of Polonia Bancorp. The core deposit intangible will be amortized over a 10 years using an accelerated method. Goodwill will not be amortized, but instead will be evaluated for impairment. (Dollars in thousands, except per share data) Purchase Consideration Polonia Common Stock: Total shares of common stock outstanding 3,416,311 Common stock issued cap 1,708,155 Shares redeemed for cash cap 1,708,156 Prudential common stock issued (conversion rate 0.7460) 1,274,197 Prudential closing price at December 31, 2016 $ 17.12 Cash-out rate paid per share for Polonia Bancorp common stock $ 11.09 Purchase consideration assigned to Polonia Bancorp shares exchanged for Company Common Stock $ 21,814 Cash Paid to Polonia for Polonia Bancorp shares $ 18,944 Cash Paid for fractional shares $ 1 $ 40,759 Net Assets Acquired Polonia Bancorp stockholders' equity 35,412 Core deposit intangible assets 822 Estimated adjustments to reflect assets acquired at fair value: Investment securities (781 ) Portfolio loans (4,643 ) Allowance for loan and lease losses 1,002 Premises 3,049 Other Assets (73 ) Deferred Taxes 934 Total fair value adjustment to assets acquired 310 Estimated adjustments to reflect liabilities assumed at fair value: Time deposits 894 Borrowings 1,232 Total fair value adjustment to liabilities assumed 2,126 Total net assets acquired 33,596 Goodwill resulting from merger 7,163 Pro Forma Income Statements The following pro forma income statements for the three and nine months ended June 30, 2017 and 2016 presents pro forma results of operations of the combined institution (Polonia Bancorp and the Company) had the merger occurred on April 1, 2017 and 2016. The pro forma income statement adjustments are limited to the effects of fair value mark amortization and accretion and intangible asset amortization. No cost savings or additional merger expenses have been included in the pro forma results of operations for the three and nine months ended June 30, 2017 and 2016. Unaudited Three Months Ended June 30, (Dollars in thousands, except per share data) 2017 2016 Net interest income 6,053 5,681 Provision for loan and leases losses 30 150 Net interest income after provision for loan and lease losses 6,023 5,531 Non-interest income 625 721 Non-interest expenses 3,500 5,156 Income before income taxes 3,148 1,096 Income tax expense 1,031 318 Net income 2,117 778 Per share data Weighed average basic shares outstanding 8,652,699 8,655,077 Dilutive shares 656,370 270,973 Adjusted weighted-average dilutive shares 9,309,069 8,926,050 Basic earnings per common share $ 0.25 $ 0.09 Dilutive earnings per common share $ 0.25 $ 0.09 (a) Weighted-average basis shares outstanding for both periods reflected are the Company’s weighted-average shares plus the 1,274,197, shares that were issued as consideration for the Merger. The dilutive shares reflect the Company’s estimated diluted shares for the period. Unaudited Nine Months Ended June 30, (Dollars in thousands, except per share data) 2017 2016 Net interest income 14,998 17,648 Provision for loan and leases losses 2,580 225 Net interest income after provision for loan and lease losses 12,418 17,423 Non-interest income 1,500 2,134 Non-interest expenses 12,981 17,582 Income before income taxes 937 1,975 Income tax expense 230 704 Net income 707 1,271 Per share data Weighed average basic shares outstanding 8,202,850 8,655,077 Dilutive shares 570,792 246,791 Adjusted weighted-average dilutive shares 8,773,642 8,901,868 Basic earnings per common share $ 0.08 $ 0.10 Dilutive earnings per common share $ 0.08 $ 0.10 (a) Weighted-average basis shares outstanding for both periods reflected are the Company’s weighted-average shares plus the 1,274,197, shares that were issued as consideration for the merger. The dilutive shares reflect the Company’s estimated diluted shares for the period

SIGNIFICANT ACCOUNTING POLICI23

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation –
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements -
Share-Based Compensation	Share-Based Compensation Dividends with respect to non-vested share awards granted pursuant to the Company’s 2008 Recognition and Retention Plan (“2008 Plan”) and held in the Trust (the “Trust”) are held for the benefit of the recipients and are paid out proportionately by the Trust to the recipients of stock awards granted pursuant to the Plan as soon as practicable after the stock awards are earned. A recipient of a share award granted under the 2014 Stock Incentive Plan will not receive any dividends declared on the common stock subject to the award prior to the date the shares are earned.
Treasury Stock	Treasury Stock –
FHLB Stock	FHLB Stock –
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09, Revenue from Contracts with Customers In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815) . In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740) In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810) In October 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230) In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805), Clarifying the Definition of a Business In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment In February 2017, the FASB issued ASU 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20) In March 2017, the FASB issued ASU 2017-08, Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20). In July 2017, the FASB issued ASU 2017-11, Earnings Per Share (Topic 260), Distinguishing Liabilities from Equity (Topic 480), and Derivative and Hedging (Topic 815) Debt—Debt with Conversion and Other Options

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per share	Three Months Ended June 30, 2017 2016 Basic Diluted Basic Diluted (Dollars in Thousands Except Per Share Data) Net income $ 2,117 $ 2,117 $ 777 $ 777 Weighted average shares outstanding 8,652,699 8,652,699 7,330,386 7,330,386 Effect of common stock equivalents - 656,370 - 200,986 Adjusted weighted average shares used in earnings per share computation 8,652,699 9,309,069 7,330,386 7,531,372 Earnings per share - basic and diluted $ 0.25 $ 0.25 $ 0.10 $ 0.10 Nine Months Ended June 30, 2017 2016 Basic Diluted Basic Diluted (Dollars in Thousands Except Per Share Data) Net income $ 707 $ 707 $ 1,738 $ 1,738 Weighted average shares outstanding 8,202,850 8,202,850 7,442,956 7,442,956 Effect of common stock equivalents - 570,792 - 210,125 Adjusted weighted average shares used in earnings per share computation 8,202,850 8,773,642 7,442,956 7,653,081 Earnings per share - basic and diluted $ 0.08 $ 0.08 $ 0.23 $ 0.23

ACCUMULATED OTHER COMPREHENSI25

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income [Abstract]
Schedule of changes in accumulated other comprehensive income	Three Months Ended June 30, 2017 2016 (Dollars in Thousands) Unrealized gains (losses) Unrealized gains (losses) on available for sale on available for sale securities and interest securities and interest rate swaps (a) rate swaps (a) Beginning Balance $ (1,320 ) $ 783 Unrealized gains on available for sale securities 693 255 Unrealized losses on interest rate swaps (60 ) (106 ) Total other comprehensive income 633 149 Ending Balance $ (687 ) $ 932 (a) All amounts are net of tax. Amounts in parentheses indicate debits. Nine Months Ended June 30, 2017 2016 (Dollars in Thousands) Unrealized gains (losses) Unrealized gains (losses) on available for sale on available for sale securities and interest securities and interest rate swaps (a) rate swaps (a) Beginning Balance $ 798 $ 18 Unrealized (loss) gains on available for sale securities (1,948 ) 1,020 Unrealized gains (losses) on interest rate swaps. 463 (106 ) Total other comprehensive income (loss) (1,485 ) 914 Ending Balance $ (687 ) $ 932 (a) All amounts are net of tax. Amounts in parentheses indicate debits.
Schedule of amounts reclassified out of each component of accumulated other comprehensive income (loss)	Three Months Ended June 30, 2017 2016 Amount Reclassified Amount Reclassified from Accumulated from Accumulated Affected Line Item in Other Other the Statement Where Comprehensive Comprehensive Net Income is Details about other comprehensive income Income (a) Income (a) Presented Unrealized gains on available for sale securities $ 70 $ 161 Gain on sale of securities available for sale (24 ) (55 ) Income taxes $ 46 $ 106 Net of tax (a) Amounts in parentheses indicate debits to net income Nine Months Ended June 30, 2017 2016 Amount Reclassified Amount Reclassified from Accumulated from Accumulated Affected Line Item in Other Other the Statement Where Comprehensive Comprehensive Net Income is Details about other comprehensive income Income (a) Income (a) Presented Unrealized gains on available for sale securities $ 70 $ 161 Gain on sale of securities available for sale (24 ) (55 ) Income taxes $ 46 $ 106 Net of tax (a) Amounts in parentheses indicate debits to net income

INVESTMENT AND MORTGAGE-BACKE26

INVESTMENT AND MORTGAGE-BACKED SECURITIES (Tables)	9 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities, with gross unrealized gains and losses	June 30, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 20,989 $ - $ (369 ) $ 20,620 Mortgage-backed securities - U.S. government agencies 126,912 152 (1,349 ) 125,715 Corporate bonds 37,073 271 (299 ) 37,045 Total debt securities available for sale 184,974 423 (2,017 ) 183,380 FHLMC preferred stock 6 53 - 59 Total securities available for sale $ 184,980 $ 476 $ (2,017 ) $ 183,439 Securities Held to Maturity: U.S. government and agency obligations $ 33,500 $ 236 $ (1,735 ) $ 32,001 Mortgage-backed securities - U.S. government agencies 7,387 347 (29 ) 7,705 Municipal bonds 18,767 184 (87 ) 18,864 Total securities held to maturity $ 59,654 $ 767 $ (1,851 ) $ 58,570 September 30, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 20,988 $ 36 $ - $ 21,024 Mortgage-backed securities - U.S. government agencies 90,817 860 (102 ) 91,575 Corporate bonds 25,411 661 (19 ) 26,053 Total debt securities available for sale 137,216 1,557 (121 ) 138,652 FHLMC preferred stock 6 36 - 42 Total securities available for sale $ 137,222 $ 1,593 $ (121 ) $ 138,694 Securities Held to Maturity: U.S. government and agency obligations $ 33,499 $ 399 $ (129 ) $ 33,769 Mortgage-backed securities - U.S. government agencies 6,472 459 - 6,931 Total securities held to maturity $ 39,971 $ 858 $ (129 ) $ 40,700
Schedule of gross unrealized losses and related fair values of investment securities	Less than 12 months More than 12 months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ (369 ) $ 20,620 $ - $ - $ (369 ) $ 20,620 Mortgage-backed securities - agency (1,129 ) 81,547 (220 ) 11,013 (1,349 ) 92,560 Corporate bonds (299 ) 15,987 - - (299 ) 15,987 Total securities available for sale $ (1,797 ) $ 118,154 $ (220 ) $ 11,013 $ (2,017 ) $ 129,167 Securities Held to Maturity: U.S. government and agency obligations $ (1,735 ) $ 28,765 $ - $ - $ (1,735 ) $ 28,765 Mortgage-backed securities - agency (29 ) 1,216 - - (29 ) 1,216 Municipal bonds (87 ) 5,836 - - (87 ) 5,836 Total securities held to maturity $ (1,851 ) $ 35,817 $ - $ - $ (1,851 ) $ 35,817 Total $ (3,648 ) $ 153,971 $ (220 ) $ 11,013 $ (3,868 ) $ 164,984 Less than 12 months More than 12 months Total Gross Gross Gross Unrealized Fair Unrealized Fair Unrealized Fair Losses Value Losses Value Losses Value (Dollars in Thousands) Securities Available for Sale: Mortgage-backed securities - agency $ (50 ) $ 16,498 $ (52 ) $ 6,718 $ (102 ) $ 23,216 Corporate bonds (19 ) 3,955 - - (19 ) 3,955 Total securities available for sale $ (69 ) $ 20,453 $ (52 ) $ 6,718 $ (121 ) $ 27,171 Securities Held to Maturity: U.S. government and agency obligations $ (129 ) $ 20,371 $ - $ - $ (129 ) $ 20,371 Total securities held to maturity $ (129 ) $ 20,371 $ - $ - $ (129 ) $ 20,371 Total $ (198 ) $ 40,824 $ (52 ) $ 6,718 $ (250 ) $ 47,542
Schedule of amortized cost and fair value of debt securities by contractual maturity	June 30, 2017 Held to Maturity Available for Sale Amortized Fair Amortized Fair Cost Value Cost Value (Dollars in Thousands) Due after one through five years $ 2,867 $ 2,794 $ 4,048 $ 4,066 Due after five through ten years 20,583 20,661 18,748 18,872 Due after ten years 28,817 27,410 35,266 34,727 Total $ 52,267 $ 50,865 $ 58,062 $ 57,665

LOANS RECEIVABLE (Tables)

LOANS RECEIVABLE (Tables)	9 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Schedule of loans receivable	June 30, September 30, 2017 2016 (Dollars in Thousands) One-to-four family residential $ 354,338 $ 233,531 Multi-family residential 16,913 12,478 Commercial real estate 129,846 79,859 Construction and land development 93,671 21,839 Commercial business 490 99 Leases 4,922 3,286 Consumer 1,995 799 Total loans 602,175 351,891 Undisbursed portion of loans-in-process (50,792 ) (5,371 ) Deferred loan fees and (costs) (2,903 ) 1,697 Allowance for loan losses (4,058 ) (3,269 ) Net loans $ 544,422 $ 344,948
Schedule of loans individually and collectively evaluated for impairment by loan segment	One- to-four Multi-family Commercial real Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) Allowance for loan losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,242 158 1,224 1,011 4 27 24 368 4,058 Total ending allowance balance $ 1,242 $ 158 $ 1,224 $ 1,011 $ 4 $ 27 $ 24 $ 368 $ 4,058 Loans: Individually evaluated for impairment $ 6,679 $ 323 $ 2,377 $ 8,713 $ - $ - $ - $ 18,092 Collectively evaluated for impairment 347,659 16,590 127,469 84,958 490 4,922 1,995 584,083 Total loans $ 354,338 $ 16,913 $ 129,846 $ 93,671 $ 490 $ 4,922 $ 1,995 $ 602,175 One- to-four Multi-family Commercial real Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) Allowance for loan losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,627 137 859 316 1 21 10 298 3,269 Total ending allowance balance $ 1,627 $ 137 $ 859 $ 316 $ 1 $ 21 $ 10 $ 298 $ 3,269 Loans: Individually evaluated for impairment $ 5,553 $ 335 $ 3,154 $ 10,288 $ 99 $ - $ - $ 19,429 Collectively evaluated for impairment 227,978 12,143 76,705 11,551 - 3,286 799 332,462 Total loans $ 233,531 $ 12,478 $ 79,859 $ 21,839 $ 99 $ 3,286 $ 799 $ 351,891
Schedule of impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required	Impaired Loans with Impaired Loans with No Specific Specific Allowance Allowance Total Impaired Loans (Dollars in Thousands) Unpaid Recorded Related Recorded Recorded Principal Investment Allowance Investment Investment Balance One-to-four family residential $ - $ - $ 6,679 $ 6,679 $ 6,908 Multi-family residential - - 323 323 323 Commercial real estate - - 2,377 2,377 2,377 Construction and land development - - 8,713 8,713 10,532 Total impaired loans $ - $ - $ 18,092 $ 18,092 $ 20,140 Impaired Loans with Impaired Loans with No Specific Specific Allowance Allowance Total Impaired Loans (Dollars in Thousands) Unpaid Recorded Related Recorded Recorded Principal Investment Allowance Investment Investment Balance One-to-four family residential $ - $ - $ 5,553 $ 5,553 $ 5,869 Multi-family residential - - 335 335 335 Commercial real estate - - 3,154 3,154 3,154 Construction and land development - - 10,288 10,288 10,288 Commercial loans - - 99 99 99 Total impaired loans $ - $ - $ 19,429 $ 19,429 $ 19,745
Schedule of average investment in impaired loans and related interest income recognized	Three Months Ended June 30, 2017 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 5,965 $ 12 $ 34 Multi-family residential 326 6 - Commercial real estate 2,801 6 - Construction and land development 9,607 - - Total impaired loans $ 18,699 $ 24 $ 34 Three Months Ended June 30, 2016 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 5,052 $ 14 $ 30 Multi-family residential 341 6 - Commercial real estate 3,595 35 - Construction and land development 9,808 - - Total impaired loans $ 18,796 $ 55 $ 30 Nine Months Ended June 30, 2017 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 5,280 $ 59 $ 91 Multi-family residential 329 17 - Commercial real estate 2,938 41 12 Construction and land development 10,399 - - Total impaired loans $ 18,946 $ 117 $ 103 Nine Months Ended June 30, 2016 Average Income Recognized Income (Dollars in Thousands) One-to-four family residential $ 4,978 $ 89 $ 78 Multi-family residential 346 18 - Commercial real estate 3,667 74 12 Construction and land development 9,432 - 62 Total impaired loans $ 18,423 $ 181 $ 152
Schedule of classes of the loan portfolio in which a formal risk weighting system is utilized	June 30, 2017 Special Total Pass Mention Substandard Loans (Dollars in Thousands) One-to-four family residential $ - $ 1,645 $ 1,951 $ 3,596 Multi-family residential 16,590 - 323 16,913 Commercial real estate 126,656 1,458 1,732 129,846 Construction and land development 84,958 - 8,713 93,671 Commercial business 490 - - 490 Total loans $ 228,694 $ 3,103 $ 12,719 $ 244,516 September 30, 2016 Special Total Pass Mention Substandard Loans (Dollars in Thousands) One-to-four family residential $ - $ 1,681 $ 1,212 $ 2,893 Multi-family residential 12,144 - 334 12,478 Commercial real estate 76,185 943 2,731 79,859 Construction and land development 11,551 - 10,288 21,839 Commercial business 99 - - 99 Total loans $ 99,979 $ 2,624 $ 14,565 $ 117,168
Schedule of loans in which a formal risk rating system is not utilized, but loans are segregated between performing and non-performing	June 30, 2017 Non- Total Performing Performing Loans (Dollars in Thousands) One-to-four family residential $ 344,967 $ 5,775 $ 350,742 Leases 4,922 - 4,922 Consumer 1,995 - 1,995 Total residential and consumer loans $ 351,884 $ 5,775 $ 357,659 September 30, 2016 Non- Total Performing Performing Loans (Dollars in Thousands) One-to-four family residential $ 226,394 $ 4,244 $ 230,638 Leases 3,286 - 3,286 Consumer 799 - 799 Total residential and consumer loans $ 230,479 $ 4,244 $ 234,723
Schedule of loan categories of the loan portfolio summarized by the aging categories of performing and delinquent loans and nonaccrual loans	June 30, 2017 90 Days+ Total 30-89 Days 90 Days + Past Due Past Due Total Non- Current Past Due Past Due and Accruing and Accruing Loans Accrual (Dollars in Thousands) One-to-four family residential $ 349,359 $ 1,910 $ 3,069 $ - $ 1,910 $ 354,338 $ 5,775 Multi-family residential 16,913 - - - - 16,913 Commercial real estate 128,035 465 1,346 - 465 129,846 1,603 Construction and land development 84,958 - 8,714 - - 93,671 8,714 Commercial business 490 - - - - 490 - Leases 4,922 - - - - 4,922 - Consumer 1,936 59 - - 59 1,995 - Total loans $ 586,613 $ 2,434 $ 13,129 $ - $ 2,434 $ 602,175 $ 16,092 September 30, 2016 90 Days+ Total 30-89 Days 90 Days + Past Due Past Due Total Non- Current Past Due Past Due and Accruing and Accruing Loans Accrual (Dollars in Thousands) One-to-four family residential $ 228,904 $ 1,860 $ 2,767 $ - $ 1,860 $ 233,531 $ 4,244 Multi-family residential 12,478 - - - - 12,478 - Commercial real estate 78,513 - 1,346 - - 79,859 1,346 Construction and land development 11,551 - 10,288 - - 21,839 10,288 Commercial business 99 - - - - 99 - Leases 3,286 - - - - 3,286 - Consumer 799 - - - - 799 - Total loans $ 335,630 $ 1,860 $ 14,401 $ - $ 1,860 $ 351,891 $ 15,878
Schedule of primary segments of the allowance for loan losses, segmented into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment.	Three Months Ended June 30, 2017 One- to Multi- Commercial Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2017 $ 1,350 $ 122 $ 862 $ 1,035 $ - $ 28 $ 135 $ 364 $ 3,896 Charge-offs - - - - - - - - - Recoveries 132 - - - - - - - 132 Provision (241 ) 36 362 (24 ) 4 (1 ) (111 ) 5 30 ALLL balance at June 30, 2017 $ 1,241 $ 158 $ 1,224 $ 1,011 $ 4 $ 27 $ 24 $ 369 $ 4,058 Nine Months Ended June 30, 2017 One- to Multi- Commercial Construction Commercial Leases Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2016 $ 1,627 $ 137 $ 859 $ 316 $ 1 $ 21 $ 10 $ 298 $ 3,269 Charge-offs (113 ) - - (1,819 ) - - (16 ) - (1,948 ) Recoveries 157 - - - - - - - 157 Provision (430 ) 21 365 2,514 3 6 30 71 2,580 ALLL balance at June 30, 2017 $ 1,241 $ 158 $ 1,224 $ 1,011 $ 4 $ 27 $ 24 $ 369 $ 4,058 Three Months Ended June 30, 2016 One- to Multi- Commercial Construction Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2016 $ 1,511 $ 43 $ 428 $ 773 $ 7 $ 276 $ 3,038 Charge-offs - - - - - - - Recoveries 81 - - - - - 81 Provision (147 ) 19 236 4 2 36 150 ALLL balance at June 30, 2016 $ 1,445 $ 62 $ 664 $ 777 $ 9 $ 312 $ 3,269 Nine Months Ended June 30, 2016 One- to Multi- Commercial Construction Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2015 $ 1,635 $ 66 $ 231 $ 724 $ 5 $ 269 $ 2,930 Charge-offs (11 ) - - - - - (11 ) Recoveries 93 - 32 - - - 125 Provision (272 ) (4 ) 401 53 4 43 225 ALLL balance at June 30, 2016 $ 1,445 $ 62 $ 664 $ 777 $ 9 $ 312 $ 3,269

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Jun. 30, 2017
Deposits [Abstract]
Schedule of major classifications of deposits	June 30, September 30, 2017 2016 Amount Percent Amount Percent (Dollars in Thousands) Money market deposit accounts $ 81,211 13.2 % $ 55,552 14.3 % Interest-bearing checking accounts 54,574 8.9 34,984 9.3 Non interest-bearing checking accounts 9,569 1.6 3,804 0.7 Passbook, club and statement savings 104,446 17.0 70,924 18.2 Certificates maturing in six months or less 123,656 20.1 97,418 25.0 Certificates maturing in more than six months 241,390 39.2 126,519 32.5 Total $ 614,846 100.0 % $ 389,201 100.0 %

ADVANCES FROM FEDERAL HOME LO29

ADVANCES FROM FEDERAL HOME LOAN BANK (Tables)	9 Months Ended
	Jun. 30, 2017
Advances from Federal Home Loan Banks [Abstract]
Schedule of short-term borrowings from the FHLB	Three Months Nine Months Ended Ended June 30, 2017 June 30, 2017 (Dollars in Thousands) Balance at period-end $ 20,000 $ 20,000 Average balance outstanding 20,000 21,667 Maximum month-end balance 20,000 35,000 Weight-average rate at period end 1.25 % 1.25 % Weight-average rate during the period 1.12 % 0.80 % Three Months Nine Months Ended Ended June 30, 2016 June 30, 2016 (Dollars in Thousands) Balance at period-end $ 20,000 $ 20,000 Average balance outstanding 20,000 20,000 Maximum month-end balance 20,000 20,000 Weight-average rate at period end 0.56 % 0.56 % Weight-average rate during the period 0.56 % 0.56 %
Schedule of collateral agreement with the FHLB	Type Maturity Date Amount Coupon Call Date (Dollars in Thousands) Fixed Rate - Advances 17-Nov-17 $ 10,000 1.20 % Not Applicable Fixed Rate - Amortizing 1-Dec-17 1,009 1.16 % Not Applicable Fixed Rate - Advances 4-Dec-17 2,000 1.15 % Not Applicable Fixed Rate - Advances 19-Mar-18 5,045 2.53 % Not Applicable Fixed Rate - Advances 19-Mar-18 5,031 2.13 % Not Applicable Fixed Rate - Advances 20-Jun-18 3,015 1.86 % Not Applicable Fixed Rate - Advances 25-Jun-18 3,022 2.09 % Not Applicable Fixed Rate - Advances 27-Aug-18 7,223 4.15 % Not Applicable Fixed Rate - Advances 15-Nov-18 3,017 1.89 % Not Applicable Fixed Rate - Advances 16-Nov-18 7,500 1.40 % Not Applicable Fixed Rate - Advances 26-Nov-18 2,010 1.81 % Not Applicable Fixed Rate - Advances 3-Dec-18 3,000 1.54 % Not Applicable Fixed Rate - Advances 16-Aug-19 3,063 2.66 % Not Applicable Fixed Rate - Advances 9-Oct-19 2,038 2.53 % Not Applicable Fixed Rate - Amortizing 18-Nov-19 3,363 1.53 % Not Applicable Fixed Rate - Advances 26-Nov-19 3,047 2.35 % Not Applicable Fixed Rate - Advances 22-Jun-20 3,068 2.60 % Not Applicable Fixed Rate - Advances 24-Jun-20 2,059 2.85 % Not Applicable Fixed Rate - Advances 27-Jul-20 249 1.38 % Not Applicable Fixed Rate - Advances 17-Aug-20 2,073 3.06 % Not Applicable Fixed Rate - Advances 9-Oct-20 2,066 2.92 % Not Applicable Fixed Rate - Advances 27-Jul-21 249 1.52 % Not Applicable Fixed Rate - Advances 28-Jul-21 249 1.48 % Not Applicable Fixed Rate - Advances 29-Jul-21 249 1.42 % Not Applicable Fixed Rate - Advances 19-Aug-21 249 1.55 % Not Applicable Fixed Rate - Advances 7-Oct-21 2,095 3.19 % Not Applicable Fixed Rate - Advances 12-Oct-21 2,089 3.23 % Not Applicable Fixed Rate - Advances 6-Jun-22 10,000 2.05 % Not Applicable $ 88,078 2.19 % (a) (a) Weighted average coupon rate. The long-term advances outstanding as of September 30, 2016 are as follows: Type Maturity Date Amount Coupon Call Date (Dollars in Thousands) Fixed Rate -Advance 17-Nov-17 $ 10,000 1.20 % Not Applicable Fixed Rate -Amortizing 1-Dec-17 2,511 1.16 % Not Applicable Fixed Rate -Advance 4-Dec-17 2,000 1.15 % Not Applicable Fixed Rate -Advance 16-Nov-18 7,500 1.40 % Not Applicable Fixed Rate -Advance 3-Dec-18 3,000 1.54 % Not Applicable Fixed Rate -Amortizing 18-Nov-19 4,382 1.53 % Not Applicable Fixed Rate -Advance 27-Jul-20 249 1.38 % Not Applicable Fixed Rate -Advance 27-Jul-21 249 1.52 % Not Applicable Fixed Rate -Advance 28-Jul-21 249 1.48 % Not Applicable Fixed Rate -Advance 29-Jul-21 249 1.42 % Not Applicable Fixed Rate -Advance 19-Aug-21 249 1.55 % Not Applicable $ 30,638 1.34 % (a) (a) Weighted average coupon rate.

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of interest rate swap agreements and the terms	June 30, 2017 Notional Pay Receive Maturity Unrealized Amount Rate Rate Date Gain (Dollars in Thousands) Interest rate swap contract $ 10,000 1.15 % 1 Month Libor 6-Apr-21 $ 214 Interest rate swap contract 10,000 1.18 % 1 Month Libor 13-Jun-21 221 Interest rate swap contract 1,100 4.10 % 1 Month Libor +276 bp 1-Aug-26 64 $ 499 September 30, 2016 Notinal Pay Receive Maturity Unrealized (Dollar in Thousands) Interest rate swap contract $ 10,000 1.15 % 1 Month Libor 6-Apr-21 $ (92 ) Interest rate swap contract 10,000 1.18 % 1 Month Libor 13-Jun-21 (103 ) Interest rate swap contract 1,100 4.10 % 1 Month Libor +276 bp 1-Aug-26 (7 ) $ (202 )

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of deferred income taxes	June 30, September 30, 2017 2016 Deferred tax assets: (Dollars in Thousands) Allowance for loan losses $ 1,647 $ 1,289 Nonaccrual interest 286 163 Accrued vacation 12 13 Capital loss carryforward 387 378 Split dollar life insurance 18 18 Post-retirement benefits 97 96 Other real estate owned 3 - Unrealized losses on available for sale securities 524 - Goodwill 2,729 - Purchase accounting (Polonia Bancorp) 935 - Unrealized losses on interest rate swaps - 69 Employee benefit plans 327 434 Total deferred tax assets 6,965 2,460 Valuation allowance (387 ) (378 ) Total deferred tax assets, net of valuation allowance 6,578 2,082 Deferred tax liabilities: Property 393 423 Unrealized gains on available for sale securities - 500 Section 481(a) Adjustment - 12 Unrealized gains on interest rate swaps 170 - Deferred loan fees 534 578 Total deferred tax liabilities 1,097 1,513 Net deferred tax assets $ 5,481 $ 569

STOCK COMPENSATION PLANS (Table

STOCK COMPENSATION PLANS (Tables)	9 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of summary of the non-vested stock award activity	Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2016 172,788 $ 12.03 Granted 17,128 17.43 Forfeited - - Vested (43,755 ) 11.59 Nonvested stock awards at the June 30, 2017 146,161 $ 12.78 Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2015 241,428 $ 11.74 Granted - - Forfeited (30,180 ) 11.55 Vested (55,279 ) 11.59 Nonvested stock awards at the June 30, 2016 155,969 $ 11.83
Schedule of summary of the status of the company' stock options under the stock option plan	Nine Months Ended Number of Weighted Average Outstanding at October 1, 2016 921,909 $ 11.70 Granted 47,828 17.48 Exercised (40,757 ) 11.48 Forfeited - - Outstanding at June 30, 2017 928,980 $ 11.85 Exercisable at June 30, 2017 552,435 $ 11.43 Nine Months Ended Number of Weighted Average Outstanding at October 1, 2015 1,074,430 $ 11.92 Granted - - Exercised (89,358 ) 11.61 Forfeited (80,476 ) 11.52 Outstanding at June 30, 2016 904,596 $ 11.99 Exercisable at June 30, 2016 489,679 $ 11.45

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on recurring basis	Category Used for Fair Value Measurement Level 1 Level 2 Level 3 Total (Dollars in Thousands) Assets: Securities available for sale: U.S. Government and agency obligations $ - $ 20,620 $ - $ 20,620 Mortgage-backed securities - U.S. Government agencies - 125,715 - 125,715 Corporate bonds - 37,045 - 37,045 FHLMC preferred stock 59 - - 59 Interest rate swap contracts - 499 - 499 Total $ 59 $ 183,879 $ - $ 183,938 Category Used for Fair Value Measurement Level 1 Level 2 Level 3 Total (Dollars in Thousands) Assets: Securities available for sale: U.S. Government and agency obligations $ - $ 21,024 $ - $ 21,024 Mortgage-backed securities - U.S. Government agencies - 91,575 - 91,575 Corporate bonds - 26,053 - 26,053 FHLMC preferred stock 42 - - 42 Total $ 42 $ 138,652 $ - $ 138,694 Liabilities: Interest rate swap contracts $ - $ 202 $ - $ 202 Total $ - $ 202 $ - $ 202
Schedule of summary of non-recurring fair value measurements	At June 30, 2017 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 18,092 $ 18,092 Real estate owned - - 192 192 Total $ - $ - $ 18,284 $ 18,284 At September 30, 2016 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 19,429 $ 19,429 Real estate owned - - 581 581 Total $ - $ - $ 20,010 $ 20,010
Schedule of nonrecurring fair value measurements categorized within level 3 of the fair value hierarchy	At June 30, 2017 (Dollars in Thousands) Valuation Range/ Fair Value Technique Unobservable Input Weighted Ave. Impaired loans $ 18,092 Property appraisals (1) (3) Management discount for selling costs, property type and market volatility (2) 6% to 10% discount/10% Real estate owned $ 581 Property appraisals (1)(3) Management discount for selling costs, property type and market volatility (2) 10% discount At September 30, 2016 (Dollars in Thousands) Valuation Range/ Fair Value Technique Unobservable Input Weighted Ave. Impaired loans $ 19,429 Property appraisals (1) (3) Management discount for selling costs, property type and market volatility (2) 6% to 46% discount/10% Real estate owned $ 581 Property appraisals (1)(3) Management discount for selling costs, property type and market volatility (2) 10% discount (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally includes various Level 3 inputs, which are not identifiable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. (3) Includes qualitative adjustments by management and estimated liquidation expenses.
Schedule of the estimated fair value amounts	Fair Value Measurements at June 30, 2017 Carrying Fair Amount Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 22,927 $ 22,927 $ 22,927 $ - $ - Certificate of deposits 1,853 1,853 1,853 - - Investment and mortgage-backed securities available for sale 183,439 183,439 59 183,380 - Investment and mortgage-backed securities held to maturity 59,654 58,570 - 58,570 - Loans receivable, net 544,422 548,697 - - 548,697 Accrued interest receivable 3,089 3,089 3,089 - - Other real estate owned 192 192 192 - - Federal Home Loan Bank stock 5,767 5,767 5,767 - - Bank owned life insurance 27,877 27,877 27,877 - - Interest rate swap contracts 499 499 - 499 - Liabilities: Checking accounts 64,143 64,143 64,143 - - Money market deposit accounts 81,211 81,211 81,211 - - Passbook, club and statement savings accounts 104,446 104,446 104,446 - - Certificates of deposit 365,046 360,527 - - 360,527 Accrued interest payable 1,339 1,339 1,339 - - Advances from FHLB -short-term 20,000 20,000 20,000 - - Advances from FHLB -long-term 88,078 87,372 - - 87,372 Advances from borrowers for taxes and insurance 3,982 3,982 3,982 - - Fair Value Measurements at September 30, 2016 Carrying Fair Amount Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 12,440 $ 12,440 $ 12,440 $ - $ - Certificate of deposits 1,853 1,853 1,853 - - Investment and mortgage-backed securities available for sale 138,694 138,694 42 138,652 - Investment and mortgage-backed securities held to maturity 39,971 40,700 - 40,700 - Loans receivable, net 344,948 344,100 - - 344,100 Accrued interest receivable 1,928 1,928 1,928 - - Federal Home Loan Bank stock 2,463 2,463 2,463 - - Bank owned life insurance 13,055 13,055 13,055 - - Liabilities: Checking accounts 38,788 38,788 38,788 - - Money market deposit accounts 55,552 55,552 55,552 - - Passbook, club and statement savings accounts 70,924 70,924 70,924 - - Certificates of deposit 223,937 225,383 - - 225,383 Accrued interest payable 1,403 1,403 1,403 - - Advances from FHLB -short-term 20,000 20,000 20,000 - - Advances from FHLB -long-term 30,638 30,222 - - 30,222 Advances from borrowers for taxes and insurance 1,748 1,748 1,748 - - Interest rate swap contracts 202 202 - 202 -

GOODWILL AND OTHER INTANGIBLE34

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of goodwill and intangible assets are related to the acquisition of Polonia	Balance Balance October 1, Additions/ June 30, Amortization 2016 Adjustments Amortization 2017 Period Goodwill $ - $ 7,163 $ - $ 7,163 Core deposit intangible - 822 (75 ) 747 10 years $ - $ 7,985 $ (75 ) $ 7,910
Schedule of goodwill and intangible assets are related to the acquisition of Polonia	(In thousands) 2017 $ 37 2018 138 2019 123 2020 108 Thereafter 341

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	9 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Schedule of consideration paid and estimated fair value of identifiable assets and liabilities assumed	(dollars in thousands) Consideration paid: Common stock issued (1,274,197 shares) at a fair value per share of $17.12 per share. $ 21,814 Cash for common stock exchanged 18,944 Cash in lieu of fractional shares 1 40,759 Assets acquired: Cash and due from banks 47,901 Investments available for sale 42,164 Loans 160,157 Premises and equipment 6,902 Deferred taxes 3,921 Bank-owned life insurance 4,316 Core deposit intangible 822 Other assets 5,802 Total assets 271,985 Liabilities assumed: Deposits 172,243 FHLB advances, short-term 7,000 FHLB advances, long -term 50,232 Other liabilities 8,914 Total liabilities 238,389 Net assets acquired 33,596 Goodwill resulting from the acquisition $ 7,163
Schedule of estimated fair value of the assets acquired and the liabilities assumed	(Dollars in thousands, except per share data) Purchase Consideration Polonia Common Stock: Total shares of common stock outstanding 3,416,311 Common stock issued cap 1,708,155 Shares redeemed for cash cap 1,708,156 Prudential common stock issued (conversion rate 0.7460) 1,274,197 Prudential closing price at December 31, 2016 $ 17.12 Cash-out rate paid per share for Polonia Bancorp common stock $ 11.09 Purchase consideration assigned to Polonia Bancorp shares exchanged for Company Common Stock $ 21,814 Cash Paid to Polonia for Polonia Bancorp shares $ 18,944 Cash Paid for fractional shares $ 1 $ 40,759 Net Assets Acquired Polonia Bancorp stockholders' equity 35,412 Core deposit intangible assets 822 Estimated adjustments to reflect assets acquired at fair value: Investment securities (781 ) Portfolio loans (4,643 ) Allowance for loan and lease losses 1,002 Premises 3,049 Other Assets (73 ) Deferred Taxes 934 Total fair value adjustment to assets acquired 310 Estimated adjustments to reflect liabilities assumed at fair value: Time deposits 894 Borrowings 1,232 Total fair value adjustment to liabilities assumed 2,126 Total net assets acquired 33,596 Goodwill resulting from merger 7,163
Schedule of Pro Forma Income Statements	Unaudited Three Months Ended June 30, (Dollars in thousands, except per share data) 2017 2016 Net interest income 6,053 5,681 Provision for loan and leases losses 30 150 Net interest income after provision for loan and lease losses 6,023 5,531 Non-interest income 625 721 Non-interest expenses 3,500 5,156 Income before income taxes 3,148 1,096 Income tax expense 1,031 318 Net income 2,117 778 Per share data Weighed average basic shares outstanding 8,652,699 8,655,077 Dilutive shares 656,370 270,973 Adjusted weighted-average dilutive shares 9,309,069 8,926,050 Basic earnings per common share $ 0.25 $ 0.09 Dilutive earnings per common share $ 0.25 $ 0.09 (a) Weighted-average basis shares outstanding for both periods reflected are the Company’s weighted-average shares plus the 1,274,197, shares that were issued as consideration for the Merger. The dilutive shares reflect the Company’s estimated diluted shares for the period. Unaudited Nine Months Ended June 30, (Dollars in thousands, except per share data) 2017 2016 Net interest income 14,998 17,648 Provision for loan and leases losses 2,580 225 Net interest income after provision for loan and lease losses 12,418 17,423 Non-interest income 1,500 2,134 Non-interest expenses 12,981 17,582 Income before income taxes 937 1,975 Income tax expense 230 704 Net income 707 1,271 Per share data Weighed average basic shares outstanding 8,202,850 8,655,077 Dilutive shares 570,792 246,791 Adjusted weighted-average dilutive shares 8,773,642 8,901,868 Basic earnings per common share $ 0.08 $ 0.10 Dilutive earnings per common share $ 0.08 $ 0.10 (a) Weighted-average basis shares outstanding for both periods reflected are the Company’s weighted-average shares plus the 1,274,197, shares that were issued as consideration for the merger. The dilutive shares reflect the Company’s estimated diluted shares for the period

SIGNIFICANT ACCOUNTING POLICI36

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) $ in Thousands	9 Months Ended
	Jun. 30, 2017USD ($)Branchshares
Significant Accounting Policies [Line Items]
Number of full service branch offices	10
Number of branch offices	11
Terminate ESOP Plan (in shares) | shares	303,115
Share-based Compensation Arrangement by Share-based Payment Award, Shares Purchased for Award | shares	42,791
Treasury Stock
Significant Accounting Policies [Line Items]
Terminate ESOP Plan, value | $	$ 5,189
Philadelphia (Philadelphia County)
Significant Accounting Policies [Line Items]
Number of branch offices	9
Drexel Hill, Delaware County, Pennsylvania
Significant Accounting Policies [Line Items]
Number of branch offices	1
Huntingdon Valley, Montgomery County
Significant Accounting Policies [Line Items]
Number of branch offices	1

EARNINGS PER SHARE - Calculated

EARNINGS PER SHARE - Calculated basic and diluted earnings per share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings per share - basic
Net income	$ 2,117	$ 777	$ 707	$ 1,738
Weighted average shares outstanding - basic	8,652,699	7,330,386	8,202,850	7,442,956
Effect of common stock equivalents - basic
Adjusted weighted average shares used in earnings per share computation - basic	8,652,699	7,330,386	8,202,850	7,442,956
Earnings per share - basic (in dollars per share)	$ 0.25	$ 0.10	$ 0.08	$ 0.23
Earnings per share - diluted
Net (loss) income	$ 2,117	$ 777	$ 707	$ 1,738
Weighted average shares outstanding - diluted	8,652,699	7,330,386	8,202,850	7,442,956
Effect of common stock equivalents - diluted	656,370	200,986	570,792	210,125
Adjusted weighted average shares used in earnings per share computation - diluted	9,309,069	7,531,372	8,773,642	7,653,081
Earnings per share - diluted (in dollars per share)	$ 0.25	$ 0.10	$ 0.08	$ 0.23

ACCUMULATED OTHER COMPREHENSI38

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Changes in accumulated other comprehensive income (loss) by component net of tax (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance				$ 798
Total other comprehensive income (loss)		$ 633	$ 149	(1,485)	$ 914
Ending Balance		(687)		(687)
Unrealized gains (losses) on available for sale securities and interest rate swaps
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	[1]	(1,320)	783	798	18
Unrealized (loss) gains on available for sale securities	[1]	693	255	(1,948)	1,020
Unrealized gains on interest rate swaps	[1]	(60)	(106)	463	(106)
Total other comprehensive income (loss)	[1]	633	149	(1,485)	914
Ending Balance	[1]	$ (687)	$ 932	$ (687)	$ 932
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

ACCUMULATED OTHER COMPREHENSI39

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Significant amounts reclassified out of each component of accumulated other comprehensive income (loss) (Details 1) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Unrealized gains on available for sale securities
Gain on sale of securities available for sale		$ 70	$ 161	$ 70	$ 161
Income taxes		24	55	24	55
Unrealized gains on available for sale securities | Reclassification out of Accumulated Other Comprehensive Income [Member]
Unrealized gains on available for sale securities
Gain on sale of securities available for sale	[1]	70	161	70	161
Income taxes	[1]	(24)	(55)	(24)	(55)
Net of tax	[1]	$ 46	$ 106	$ 46	$ 106
[1]	Amounts in parentheses indicate debits to net income

INVESTMENT AND MORTGAGE-BACKE40

INVESTMENT AND MORTGAGE-BACKED SECURITIES - Amortized cost and fair value of investment and mortgage-backed securities, with gross unrealized gains and losses (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Securities Available for Sale:
Amortized Cost	$ 184,980	$ 137,222
Gross Unrealized Gains	476	1,593
Gross Unrealized Losses	(2,017)	(121)
Fair Value	183,439	138,694
Securities Held to Maturity:
Amortized Cost	59,654	39,971
Gross Unrealized Gains	767	858
Gross unrealized losses	(1,851)	(129)
Fair value	58,570	40,700
U.S. government and agency obligations
Securities Available for Sale:
Amortized Cost	20,989	20,988
Gross Unrealized Gains		36
Gross Unrealized Losses	(369)
Fair Value	20,620	21,024
Securities Held to Maturity:
Amortized Cost	33,500	33,499
Gross Unrealized Gains	236	399
Gross unrealized losses	(1,735)	(129)
Fair value	32,001	33,769
Mortgage-backed securities - agency
Securities Available for Sale:
Amortized Cost	126,912	90,817
Gross Unrealized Gains	152	860
Gross Unrealized Losses	(1,349)	(102)
Fair Value	125,715	91,575
Securities Held to Maturity:
Amortized Cost	7,387	6,472
Gross Unrealized Gains	347	459
Gross unrealized losses	(29)
Fair value	7,705	6,931
Corporate bonds
Securities Available for Sale:
Amortized Cost	37,073	25,411
Gross Unrealized Gains	271	661
Gross Unrealized Losses	(299)	(19)
Fair Value	37,045	26,053
Total debt securities available for sale
Securities Available for Sale:
Amortized Cost	184,974	137,216
Gross Unrealized Gains	423	1,557
Gross Unrealized Losses	(2,017)	(121)
Fair Value	183,380	138,652
FHLMC preferred stock
Securities Available for Sale:
Amortized Cost	6	6
Gross Unrealized Gains	53	36
Gross Unrealized Losses
Fair Value	59	$ 42
Municipal bonds
Securities Held to Maturity:
Amortized Cost	18,767
Gross Unrealized Gains	184
Gross unrealized losses	(87)
Fair value	$ 18,864

INVESTMENT AND MORTGAGE-BACKE41

INVESTMENT AND MORTGAGE-BACKED SECURITIES - Gross unrealized losses and related fair values of investment securities, aggregated by investment category and length of time (Details 1) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	$ (1,797)	$ (69)
Less than 12 months - Fair value	118,154	20,453
More than 12 months - Gross Unrealized Losses	(220)	(52)
More than 12 months - Fair value	11,013	6,718
Gross Unrealized Losses - Total	(2,017)	(121)
Fair Value - Total	129,167	27,171
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses	(1,851)	(129)
Less than 12 months - Fair value	35,817	20,371
More than 12 months - Gross Unrealized Losses
More than 12 months - Fair value
Gross Unrealized Losses -Total	(1,851)	(129)
Fair Value - Total	35,817	20,371
Less than 12 months - Gross Unrealized Losses	(3,648)	(198)
Less than 12 months - Fair Value	153,971	40,824
More than 12 months - Gross Unrealized Losses	(220)	(52)
More than 12 months - Fair Value	11,013	6,718
Gross Unrealized Losses -Total	(3,868)	(250)
Fair Value - Total	164,984	47,542
U.S. government and agency obligations
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	(369)
Less than 12 months - Fair value	20,620
More than 12 months - Gross Unrealized Losses
More than 12 months - Fair value
Gross Unrealized Losses - Total	(369)
Fair Value - Total	20,620
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses	(1,735)	(129)
Less than 12 months - Fair value	28,765	20,371
More than 12 months - Gross Unrealized Losses
More than 12 months - Fair value
Gross Unrealized Losses -Total	(1,735)	(129)
Fair Value - Total	28,765	20,371
Mortgage-backed securities - agency
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	(1,129)	(50)
Less than 12 months - Fair value	81,547	16,498
More than 12 months - Gross Unrealized Losses	(220)	(52)
More than 12 months - Fair value	11,013	6,718
Gross Unrealized Losses - Total	(1,349)	(102)
Fair Value - Total	92,560	23,216
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses	(29)
Less than 12 months - Fair value	1,216
More than 12 months - Gross Unrealized Losses
More than 12 months - Fair value
Gross Unrealized Losses -Total	(29)
Fair Value - Total	1,216
Corporate bonds
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	(299)	(19)
Less than 12 months - Fair value	15,987	3,955
More than 12 months - Gross Unrealized Losses
More than 12 months - Fair value
Gross Unrealized Losses - Total	(299)	(19)
Fair Value - Total	15,987	$ 3,955
Municipal bonds
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses	(87)
Less than 12 months - Fair value	5,836
More than 12 months - Gross Unrealized Losses
More than 12 months - Fair value
Gross Unrealized Losses -Total	(87)
Fair Value - Total	$ 5,836

INVESTMENT AND MORTGAGE-BACKE42

INVESTMENT AND MORTGAGE-BACKED SECURITIES - Amortized cost and fair value of debt securities, by contractual maturity (Details 2) $ in Thousands	Jun. 30, 2017USD ($)
Held to Maturity, Amortized Cost
Due after one through five years	$ 2,867
Due after five through ten years	20,583
Due after ten years	28,817
Total	52,267
Held to Maturity, Fair Value
Due after one through five years	2,794
Due after five through ten years	20,661
Due after ten years	27,410
Total	50,865
Available for Sale, Amortized Cost
Due after one through five years	4,048
Due after five through ten years	18,748
Due after ten years	35,266
Total	58,062
Available for Sale, Fair Value
Due after one through five years	4,066
Due after five through ten years	18,872
Due after ten years	34,727
Total	$ 57,665

INVESTMENT AND MORTGAGE-BACKE43

INVESTMENT AND MORTGAGE-BACKED SECURITIES (Detail Textuals)	3 Months Ended		9 Months Ended
	Jun. 30, 2017USD ($)Security	Jun. 30, 2016USD ($)Security	Jun. 30, 2017USD ($)Security	Jun. 30, 2016USD ($)Security
Marketable Securities [Line Items]
Aggregate amortized cost	$ 52,267,000		$ 52,267,000
Aggregate agency securities	$ 50,865,000		$ 50,865,000
Agency securities
Marketable Securities [Line Items]
Aggregate agency securities		$ 11,000,000		$ 11,000,000
Recognized on aggregate gain		$ 8,000		$ 8,000
U.S. Government and agency obligations
Marketable Securities [Line Items]
Number of investment securities in debt obligations in the category of loss position less than 12 months held by company | Security	14		14
Mortgage-backed securities - agency
Marketable Securities [Line Items]
Number of investment securities in debt obligations in the category of loss position less than 12 months held by company | Security	35		35
Number of investment securities in debt obligations in the category of loss position more than 12 months held by company | Security	9		9
Number of securities sold | Security	2	5	2	5
Aggregate amortized cost	$ 5,100,000	$ 11,000,000	$ 5,100,000	$ 11,000,000
Recognized on aggregate gain	$ 18,000	$ 153,000	$ 18,000	$ 153,000
Corporate bonds
Marketable Securities [Line Items]
Number of investment securities in debt obligations in the category of loss position less than 12 months held by company | Security	15		15
Number of securities sold | Security	1		1
Aggregate amortized cost	$ 5,200,000		$ 5,200,000
Recognized on aggregate gain	$ 52,000		$ 52,000
Municipal bonds
Marketable Securities [Line Items]
Number of investment securities in debt obligations in the category of loss position less than 12 months held by company | Security	9		9

LOANS RECEIVABLE - Summary of L

LOANS RECEIVABLE - Summary of Loans receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 602,175		$ 351,891
Undisbursed portion of loans-in-process	(50,792)		(5,371)
Deferred loan fees and (costs)	(2,903)		1,697
Allowance for loan losses	(4,058)	$ (3,896)	(3,269)	$ (3,269)	$ (3,038)	$ (2,930)
Net loans	544,422		344,948
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	354,338		233,531
Allowance for loan losses	(1,241)	(1,350)	(1,627)	(1,445)	(1,511)	(1,635)
Multi-family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	16,913		12,478
Allowance for loan losses	(158)	(122)	(137)	(62)	(43)	(66)
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	129,846		79,859
Allowance for loan losses	(1,224)	(862)	(859)	(664)	(428)	(231)
Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	93,671		21,839
Allowance for loan losses	(1,011)	(1,035)	(316)	(777)	(773)	(724)
Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	490		99
Allowance for loan losses	(4)		(1)
Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	4,922		3,286
Allowance for loan losses	(27)	(28)	(21)
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,995		799
Allowance for loan losses	$ (24)	$ (135)	$ (10)	$ (9)	$ (7)	$ (5)

LOANS RECEIVABLE - Summary of45

LOANS RECEIVABLE - Summary of loans individually evaluated for impairment by loan segment (Details 1) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Sep. 30, 2015
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	4,058		3,269
Total ending allowance balance	4,058	$ 3,896	3,269	$ 3,269	$ 3,038	$ 2,930
Loans:
Individually evaluated for impairment	18,092		19,429
Collectively evaluated for impairment	584,083		332,462
Total loans	602,175		351,891
One-to-four family residential
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	1,242		1,627
Total ending allowance balance	1,241	1,350	1,627	1,445	1,511	1,635
Loans:
Individually evaluated for impairment	6,679		5,553
Collectively evaluated for impairment	347,659		227,978
Total loans	354,338		233,531
Multi-family residential
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	158		137
Total ending allowance balance	158	122	137	62	43	66
Loans:
Individually evaluated for impairment	323		335
Collectively evaluated for impairment	16,590		12,143
Total loans	16,913		12,478
Commercial real estate
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	1,224		859
Total ending allowance balance	1,224	862	859	664	428	231
Loans:
Individually evaluated for impairment	2,377		3,154
Collectively evaluated for impairment	127,469		76,705
Total loans	129,846		79,859
Construction and land development
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	1,011		316
Total ending allowance balance	1,011	1,035	316	777	773	724
Loans:
Individually evaluated for impairment	8,713		10,288
Collectively evaluated for impairment	84,958		11,551
Total loans	93,671		21,839
Commercial business
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	4		1
Total ending allowance balance	4		1
Loans:
Individually evaluated for impairment			99
Collectively evaluated for impairment	490
Total loans	490		99
Leases
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	27		21
Total ending allowance balance	27	28	21
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment	4,922		3,286
Total loans	4,922		3,286
Consumer
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	24		10
Total ending allowance balance	24	135	10	9	7	5
Loans:
Individually evaluated for impairment
Collectively evaluated for impairment	1,995		799
Total loans	1,995		799
Unallocated
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	368		298
Total ending allowance balance	$ 369	$ 364	$ 298	$ 312	$ 276	$ 269

LOANS RECEIVABLE - Impaired loa

LOANS RECEIVABLE - Impaired loans by class, segregated by those for which specific allowance was required and those for which specific allowance was not required (Details 2) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Financing Receivable, Impaired [Line Items]
Impaired Loans with Specific Allowance - Recorded Investment
Impaired Loans with Specific Allowance - Related Allowance
Impaired Loans with No Specific Allowance - Recorded Investment	18,092	19,429
Total Impaired Loans - Recorded Investment	18,092	19,429
Total impaired loans - Unpaid Principal Balance	20,140	19,745
One-to-four family residential
Financing Receivable, Impaired [Line Items]
Impaired Loans with Specific Allowance - Recorded Investment
Impaired Loans with Specific Allowance - Related Allowance
Impaired Loans with No Specific Allowance - Recorded Investment	6,679	5,553
Total Impaired Loans - Recorded Investment	6,679	5,553
Total impaired loans - Unpaid Principal Balance	6,908	5,869
Multi-family residential
Financing Receivable, Impaired [Line Items]
Impaired Loans with Specific Allowance - Recorded Investment
Impaired Loans with Specific Allowance - Related Allowance
Impaired Loans with No Specific Allowance - Recorded Investment	323	335
Total Impaired Loans - Recorded Investment	323	335
Total impaired loans - Unpaid Principal Balance	323	335
Commercial real estate
Financing Receivable, Impaired [Line Items]
Impaired Loans with Specific Allowance - Recorded Investment
Impaired Loans with Specific Allowance - Related Allowance
Impaired Loans with No Specific Allowance - Recorded Investment	2,377	3,154
Total Impaired Loans - Recorded Investment	2,377	3,154
Total impaired loans - Unpaid Principal Balance	2,377	3,154
Construction and land development
Financing Receivable, Impaired [Line Items]
Impaired Loans with Specific Allowance - Recorded Investment
Impaired Loans with Specific Allowance - Related Allowance
Impaired Loans with No Specific Allowance - Recorded Investment	8,713	10,288
Total Impaired Loans - Recorded Investment	8,713	10,288
Total impaired loans - Unpaid Principal Balance	$ 10,532	10,288
Commercial loans
Financing Receivable, Impaired [Line Items]
Impaired Loans with Specific Allowance - Recorded Investment
Impaired Loans with Specific Allowance - Related Allowance
Impaired Loans with No Specific Allowance - Recorded Investment		99
Total Impaired Loans - Recorded Investment		99
Total impaired loans - Unpaid Principal Balance		$ 99

LOANS RECEIVABLE - Average reco

LOANS RECEIVABLE - Average recorded investment in impaired loans and related interest income recognized (Details 3) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	$ 18,699	$ 18,796	$ 18,946	$ 18,423
Income Recognized on Accrual Basis	24	55	117	181
Income Recognized on Cash Basis	34	30	103	152
One-to-four family residential
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	5,965	5,052	5,280	4,978
Income Recognized on Accrual Basis	12	14	59	89
Income Recognized on Cash Basis	34	30	91	78
Multi-family residential
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	326	341	329	346
Income Recognized on Accrual Basis	6	6	17	18
Income Recognized on Cash Basis
Commercial real estate
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	2,801	3,595	2,938	3,667
Income Recognized on Accrual Basis	6	35	41	74
Income Recognized on Cash Basis			12	12
Construction and land development
Financing Receivable, Impaired [Line Items]
Average Recorded Investment	9,607	9,808	10,399	9,432
Income Recognized on Accrual Basis
Income Recognized on Cash Basis				$ 62

LOANS RECEIVABLE - Summary of c

LOANS RECEIVABLE - Summary of classes of loan portfolio in which formal risk weighting system is used (Details 4) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 602,175	$ 351,891
One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	354,338	233,531
Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,913	12,478
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total Loans	129,846	79,859
Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	93,671	21,839
Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total Loans	490	99
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,995	799
Risk Rating System
Financing Receivable, Recorded Investment [Line Items]
Total Loans	244,516	117,168
Risk Rating System | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	3,596	2,893
Risk Rating System | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,913	12,478
Risk Rating System | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total Loans	129,846	79,859
Risk Rating System | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	93,671	21,839
Risk Rating System | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total Loans	490	99
Risk Rating System | Pass
Financing Receivable, Recorded Investment [Line Items]
Total Loans	228,694	99,979
Risk Rating System | Pass | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans
Risk Rating System | Pass | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	16,590	12,144
Risk Rating System | Pass | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total Loans	126,656	76,185
Risk Rating System | Pass | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	84,958	11,551
Risk Rating System | Pass | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total Loans	490	99
Risk Rating System | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total Loans	3,103	2,624
Risk Rating System | Special Mention | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,645	1,681
Risk Rating System | Special Mention | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans
Risk Rating System | Special Mention | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,458	943
Risk Rating System | Special Mention | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans
Risk Rating System | Special Mention | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total Loans
Risk Rating System | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total Loans	12,719	14,565
Risk Rating System | Substandard | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,951	1,212
Risk Rating System | Substandard | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	323	334
Risk Rating System | Substandard | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,732	2,731
Risk Rating System | Substandard | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total Loans	8,713	10,288
Risk Rating System | Substandard | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total Loans

LOANS RECEIVABLE - Loans in whi

LOANS RECEIVABLE - Loans in which formal risk rating system is not utilized, but loans are segregated between performing and non-performing based primarily on delinquency status (Details 5) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Financing Receivable, Recorded Investment [Line Items]
Total Loans	$ 602,175	$ 351,891
One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	354,338	233,531
Leases
Financing Receivable, Recorded Investment [Line Items]
Total Loans	4,922	3,286
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,995	799
Non Risk Rating System
Financing Receivable, Recorded Investment [Line Items]
Total Loans	357,659	234,723
Non Risk Rating System | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	350,742	230,638
Non Risk Rating System | Leases
Financing Receivable, Recorded Investment [Line Items]
Total Loans	4,922	3,286
Non Risk Rating System | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,995	799
Non Risk Rating System | Performing
Financing Receivable, Recorded Investment [Line Items]
Total Loans	351,884	230,479
Non Risk Rating System | Performing | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	344,967	226,394
Non Risk Rating System | Performing | Leases
Financing Receivable, Recorded Investment [Line Items]
Total Loans	4,922	3,286
Non Risk Rating System | Performing | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total Loans	1,995	799
Non Risk Rating System | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total Loans	5,775	4,244
Non Risk Rating System | Nonperforming | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total Loans	5,775	4,244
Non Risk Rating System | Nonperforming | Leases
Financing Receivable, Recorded Investment [Line Items]
Total Loans
Non Risk Rating System | Nonperforming | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total Loans

LOANS RECEIVABLE - Loan categor

LOANS RECEIVABLE - Loan categories of loan portfolio summarized by aging categories of performing loans and nonaccrual loans (Details 6) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 586,613	$ 335,630
90 Days+ Past Due and Accruing
Total Past Due and Accruing	2,434	1,860
Total Loans	602,175	351,891
Non- Accrual	16,092	15,878
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	2,434	1,860
90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	13,129	14,401
One-to-four family residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	349,359	228,904
90 Days+ Past Due and Accruing
Total Past Due and Accruing	1,910	1,860
Total Loans	354,338	233,531
Non- Accrual	5,775	4,244
One-to-four family residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,910	1,860
One-to-four family residential | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	3,069	2,767
Multi-family residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	16,913	12,478
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	16,913	12,478
Non- Accrual
Multi-family residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Multi-family residential | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	128,035	78,513
90 Days+ Past Due and Accruing
Total Past Due and Accruing	465
Total Loans	129,846	79,859
Non- Accrual	1,603	1,346
Commercial real estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	465
Commercial real estate | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	1,346	1,346
Construction and land development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	84,958	11,551
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	93,671	21,839
Non- Accrual	8,714	10,288
Construction and land development | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Construction and land development | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	8,714	10,288
Commercial business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	490	99
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	490	99
Non- Accrual
Commercial business | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Commercial business | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Leases
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	4,922	3,286
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	4,922	3,286
Non- Accrual
Leases | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Leases | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,936	799
90 Days+ Past Due and Accruing
Total Past Due and Accruing	59
Total Loans	1,995	799
Non- Accrual
Consumer | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due	59
Consumer | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Past Due

LOANS RECEIVABLE - Activity in

LOANS RECEIVABLE - Activity in allowance (Details 7) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	$ 3,896	$ 3,038	$ 3,269	$ 2,930
Charge-offs			1,948	(11)
Recoveries	132	81	157	125
Provision	30	150	2,580	225
ALLL balance	4,058	3,269	4,058	3,269
One- to four-family residential
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	1,350	1,511	1,627	1,635
Charge-offs			113	(11)
Recoveries	132	81	157	93
Provision	(241)	(147)	(430)	(272)
ALLL balance	1,241	1,445	1,241	1,445
Multi-family residential
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	122	43	137	66
Charge-offs			0
Recoveries			0
Provision	36	19	21	(4)
ALLL balance	158	62	158	62
Commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	862	428	859	231
Charge-offs			0
Recoveries			0	32
Provision	362	236	365	401
ALLL balance	1,224	664	1,224	664
Construction and land development
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	1,035	773	316	724
Charge-offs			1,819
Recoveries			0
Provision	(24)	4	2,514	53
ALLL balance	1,011	777	1,011	777
Commercial business
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance			1
Charge-offs			0
Recoveries			0
Provision	4		3
ALLL balance	4		4
Leases
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	28		21
Charge-offs			0
Recoveries			0
Provision	(1)		6
ALLL balance	27		27
Consumer
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	135	7	10	5
Charge-offs			16
Recoveries			0
Provision	(111)	2	30	4
ALLL balance	24	9	24	9
Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	364	276	298	269
Charge-offs			0
Recoveries			0
Provision	5	36	71	43
ALLL balance	$ 369	$ 312	$ 369	$ 312

LOANS RECEIVABLE (Detail Textua

LOANS RECEIVABLE (Detail Textuals) $ in Thousands	3 Months Ended			9 Months Ended
	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)Loan	Jun. 30, 2016USD ($)	Sep. 30, 2016USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Provision for loan losses	$ 30		$ 150	$ 2,580	$ 225
Number of Loans | Loan				9
Loans classified as troubled debt restructurings ("TDRs"), Recorded investment	6,100			$ 6,100
Charge-offs				$ (1,948)	$ 11
Number of TDR loans receivable placed on accruing status | Loan				6
Total Loans	602,175			$ 602,175		$ 351,891
Impaired Loans - Recorded Investment	18,092			18,092		19,429
Risk Rating System
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	244,516			$ 244,516		117,168
Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | Loan				3
Loans classified as troubled debt restructurings ("TDRs"), Recorded investment	4,900			$ 4,900
Number of loans default | Loan				1
Amount of loan concerns sufficiancy of cash flow				$ 1,400
Number of remaining loan default | Loan				2
Amount of loan default				$ 3,500
Write-down amount of TDR loans		$ 1,900
Substandard | Risk Rating System
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 12,719			$ 12,719		$ 14,565

DEPOSITS - Major classification

DEPOSITS - Major classifications of deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Amount
Money market deposit accounts	$ 81,211	$ 55,552
Interest-bearing checking accounts	54,574	34,984
Non interest-bearing checking accounts	9,569	3,804
Passbook, club and statement savings	104,446	70,924
Certificates maturing in six months or less	123,656	97,418
Certificates maturing in more than six months	241,390	126,519
Total deposits	$ 614,846	$ 389,201
Percent
Money market deposit accounts	13.20%	14.30%
Interest-bearing checking accounts	8.90%	9.30%
Non interest-bearing checking accounts	1.60%	0.70%
Passbook, club and statement savings	17.00%	18.20%
Certificates maturing in six months or less	20.10%	25.00%
Certificates maturing in more than six months	39.20%	32.50%
Total	100.00%	100.00%

DEPOSITS (Detail Textuals)

DEPOSITS (Detail Textuals) - USD ($) $ in Millions	Jun. 30, 2017	Sep. 30, 2016
Deposits [Abstract]
Certificates of $250,000 and over	$ 24.6	$ 17

ADVANCES FROM FEDERAL HOME LO55

ADVANCES FROM FEDERAL HOME LOAN BANK (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2016
Advances from Federal Home Loan Banks [Abstract]
Balance at period-end	$ 20,000	$ 20,000	$ 20,000	$ 20,000	$ 20,000
Average balance outstanding	20,000	20,000	21,667	20,000
Maximum month-end balance	$ 20,000	$ 20,000	$ 35,000	$ 20,000
Weight-average rate at period end	1.25%	0.56%	1.25%	0.56%
Weight-average rate during the period	1.12%	0.56%	0.80%	0.56%

ADVANCES FROM FEDERAL HOME LO56

ADVANCES FROM FEDERAL HOME LOAN BANK (Details 1) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Jun. 30, 2017	Sep. 30, 2016
Federal Home Loan Bank, Advances [Line Items]
Amount	[1]	$ 88,078	$ 30,638
Coupon	[1]	2.19%	1.34%
Fixed Rate Advance Maturity Date 17-Nov-17
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Nov. 17, 2017	Nov. 17, 2017
Amount		$ 10,000	$ 10,000
Coupon		1.20%	1.20%
Call Date		Not Applicable	Not Applicable
Fixed Rate -Amortizing Maturity Date 1-Dec-17
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Dec. 1, 2017	Dec. 1, 2017
Amount		$ 1,009	$ 2,511
Coupon		1.16%	1.16%
Call Date		Not Applicable	Not Applicable
Fixed Rate -Advance Maturity Date 4-Dec-17
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Dec. 4, 2017	Dec. 4, 2017
Amount		$ 2,000	$ 2,000
Coupon		1.15%	1.15%
Call Date		Not Applicable	Not Applicable
Fixed Rate - Advance Maturity Date 19-Mar-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Mar. 19, 2018
Amount		$ 5,045
Coupon		2.53%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 19-Mar-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Mar. 19, 2018
Amount		$ 5,031
Coupon		2.13%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 20-Jun-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jun. 20, 2018
Amount		$ 3,015
Coupon		1.86%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 25-Jun-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jun. 25, 2018
Amount		$ 3,022
Coupon		2.09%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 27-Aug-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Aug. 27, 2018
Amount		$ 7,223
Coupon		4.15%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 15-Nov-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Nov. 15, 2018
Amount		$ 3,017
Coupon		1.89%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 16-Nov-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Nov. 16, 2018	Nov. 16, 2018
Amount		$ 7,500	$ 7,500
Coupon		1.40%	1.40%
Call Date		Not Applicable	Not Applicable
Fixed Rate - Advance Maturity Date 26-Nov-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Nov. 26, 2018
Amount		$ 2,010
Coupon		1.81%
Call Date		Not Applicable
Fixed Rate -Advance Maturity Date 3-Dec-18
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Dec. 3, 2018	Dec. 3, 2018
Amount		$ 3,000	$ 3,000
Coupon		1.54%	1.54%
Call Date		Not Applicable	Not Applicable
Fixed Rate - Advance Maturity Date 16-Aug-19
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Aug. 16, 2019
Amount		$ 3,063
Coupon		2.66%
Call Date		Not Applicable
Fixed Rate - Advance Maturity Date 9-Oct-19
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Oct. 9, 2019
Amount		$ 2,038
Coupon		2.53%
Call Date		Not Applicable
Fixed Rate - Amortizing Maturity Date 18-Nov-19
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Nov. 18, 2019	Nov. 18, 2019
Amount		$ 3,363	$ 4,382
Coupon		1.53%	1.53%
Call Date		Not Applicable	Not Applicable
Fixed Rate - Advance Maturity 26-Nov-19
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Nov. 26, 2019
Amount		$ 3,047
Coupon		2.35%
Call Date		Not Applicable
Fixed Rate - Advance Maturity 22-Jun-20
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jun. 22, 2020
Amount		$ 3,068
Coupon		2.60%
Call Date		Not Applicable
Fixed Rate - Advance Maturity 24-Jun-20
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jun. 24, 2020
Amount		$ 2,059
Coupon		2.85%
Call Date		Not Applicable
Fixed Rate -Advance Maturity Date 27-Jul-20
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jul. 27, 2020	Jul. 27, 2020
Amount		$ 249	$ 249
Coupon		1.38%	1.38%
Call Date		Not Applicable	Not Applicable
Fixed Rate - Advance Maturity 17-Aug-20
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Aug. 17, 2020
Amount		$ 2,073
Coupon		3.06%
Call Date		Not Applicable
Fixed Rate - Advance Maturity 9-Oct-20
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Oct. 9, 2020
Amount		$ 2,066
Coupon		2.92%
Call Date		Not Applicable
Fixed Rate -Advance Maturity Date 27-Jul-21
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jul. 27, 2021	Jul. 27, 2021
Amount		$ 249	$ 249
Coupon		1.52%	1.52%
Call Date		Not Applicable	Not Applicable
Fixed Rate -Advance Maturity Date 28-Jul-21
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jul. 28, 2021	Jul. 28, 2021
Amount		$ 249	$ 249
Coupon		1.48%	1.48%
Call Date		Not Applicable	Not Applicable
Fixed Rate Advance Maturity Date 29-Jul-21
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jul. 29, 2021	Jul. 29, 2021
Amount		$ 249	$ 249
Coupon		1.42%	1.42%
Call Date		Not Applicable	Not Applicable
Fixed Rate -Advance Maturity Date 19-Aug-21
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Aug. 19, 2021	Aug. 19, 2021
Amount		$ 249	$ 249
Coupon		1.55%	1.55%
Call Date		Not Applicable	Not Applicable
Fixed Rate - Advance Maturity Date 7-Oct-21
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Oct. 7, 2021
Amount		$ 2,095
Coupon		3.19%
Call Date		Not Applicable
Fixed Rate Advance Maturity Date 12-Oct-21
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Oct. 12, 2021
Amount		$ 2,089
Coupon		3.23%
Call Date		Not Applicable
Fixed Rate Advance Maturity Date 6 Jun 22
Federal Home Loan Bank, Advances [Line Items]
Maturity Date		Jun. 6, 2022
Amount		$ 10,000
Coupon		2.05%
Call Date		Not Applicable
[1]	Weighted average coupon rate.

ADVANCES FROM FEDERAL HOME LO57

ADVANCES FROM FEDERAL HOME LOAN BANK (Details Textuals) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)Advance	Jun. 30, 2016USD ($)
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Average balance outstanding	$ 20,000	$ 20,000	$ 21,667	$ 20,000
Interest rate swap contracts
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Average balance outstanding			$ 20,000
Number of federal home loan bank advances | Advance			2
FHLB advance associated with an interest rate swap contract			$ 10,000
Weighted average effective cost			117.00%

DERIVATIVES (Details)

DERIVATIVES (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 30, 2017	Sep. 30, 2016
Derivative [Line Items]
Unrealized Gain	$ 499	$ (202)
Interest rate swap contract
Derivative [Line Items]
Notional Amount	$ 10,000	$ 10,000
Pay Rate	1.15%	1.15%
Receive Rate	1 Month Libor	1 Month Libor
Maturity Date	Apr. 6, 2021	Apr. 6, 2021
Unrealized Gain	$ 214	$ (92)
Interest rate swap contract
Derivative [Line Items]
Notional Amount	$ 10,000	$ 10,000
Pay Rate	1.18%	1.18%
Receive Rate	1 Month Libor	1 Month Libor
Maturity Date	Jun. 13, 2021	Jun. 13, 2021
Unrealized Gain	$ 221	$ (103)
Interest rate swap contracts
Derivative [Line Items]
Notional Amount	$ 1,100	$ 1,100
Pay Rate	4.10%	4.10%
Receive Rate	1 Month Libor +276 bp	1 Month Libor +276 bp
Maturity Date	Aug. 1, 2026	Aug. 1, 2026
Unrealized Gain	$ 64	$ (7)

DERIVATIVES (Detail Textuals)

DERIVATIVES (Detail Textuals) $ in Millions	Jun. 30, 2017USD ($)
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest rate swap agreements outstanding amount	$ 20

INCOME TAXES - Items that gave

INCOME TAXES - Items that gave rise to significant portions of deferred income taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Deferred tax assets:
Allowance for loan losses	$ 1,647	$ 1,289
Nonaccrual interest	286	163
Accrued vacation	12	13
Capital loss carryforward	387	378
Split dollar life insurance	18	18
Post-retirement benefits	97	96
Other real estate owned	3
Unrealized losses on available for sale securities	524
Goodwill	2,729
Purchase accounting (Polonia Bancorp)	935
Unrealized losses on interest rate swaps		69
Employee benefit plans	327	434
Total deferred tax assets	6,965	2,460
Valuation allowance	(387)	(378)
Total deferred tax assets, net of valuation allowance	6,578	2,082
Deferred tax liabilities:
Property	393	423
Unrealized gains on available for sale securities		500
Unrealized gains on interest rate swaps		12
Section 481(a) Adjustment	170
Deferred loan fees	534	578
Total deferred tax liabilities	1,097	1,513
Net deferred tax assets	$ 5,481	$ 569

INCOME TAXES (Detail Textuals)

INCOME TAXES (Detail Textuals) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Valuation allowance	$ 387	$ 378

STOCK COMPENSATION PLANS - Summ

STOCK COMPENSATION PLANS - Summary of non-vested stock award activity (Details) - $ / shares	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Number of Shares
Nonvested stock awards at October 1	172,788	241,428
Granted	17,128
Forfeited		(30,180)
Vested	(43,755)	(55,279)
Nonvested stock awards at the June 30	146,161	155,969
Weighted Average Grant Date Fair Value
Nonvested stock awards at October 1	$ 12.03	$ 11.74
Granted	17.43
Forfeited		11.55
Vested	11.59	11.59
Nonvested stock awards at the June 30	$ 12.78	$ 11.83

STOCK COMPENSATION PLANS - Su63

STOCK COMPENSATION PLANS - Summary of status of stock options under Stock Option Plan (Details 1) - 2008 Option Plan and 2014 SIP - $ / shares	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Number of Shares
Outstanding at October 1	921,909	1,074,430
Granted	47,828
Exercised	(40,757)	(89,358)
Forfeited		(80,476)
Outstanding at June 30	928,980	904,596
Exercisable at June 30	552,435	489,679
Weighted Average Exercise Price
Outstanding at October 1	$ 11.7	$ 11.92
Granted	17.48
Exercised	11.48	11.61
Forfeited		11.52
Outstanding at June 30	11.85	11.99
Exercisable at June 30	$ 11.43	$ 11.45

STOCK COMPENSATION PLANS (Detai

STOCK COMPENSATION PLANS (Detail Textuals) - USD ($) $ in Thousands	1 Months Ended		9 Months Ended		12 Months Ended
	Jan. 31, 2014	Dec. 31, 2013	Jun. 30, 2017	Jun. 30, 2016	Sep. 30, 2005	Dec. 31, 2016	Sep. 30, 2016
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
ESOP shares allocated to participant's accounts			8,879	26,649
Compensation expense of ESOP			$ 139	$ 384
Number of treasury share purchased			1,811,264				1,499,265
Amount allocated to purchase treasury stock			$ 26,692				$ 21,098
Employee Stock Ownership Plan ESOP Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of common shares purchased under employee stock ownership plan (ESOP)	30,100	255,564			427,057
Aggregate cost of common stock purchased under employee stock ownership plan (ESOP)	$ 3,100				$ 4,500
Number of shares held by ESOP			394,156
ESOP shares allocated to participant's accounts			243,734
Additional ESOP shares allocated to participant's accounts						35,517
Compensation expense of ESOP			$ 139	$ 384
Number of treasury share purchased			115,000
Long-term Debt			$ 5,200
Number of shares used to payoff debt			303,115

STOCK COMPENSATION PLANS (Det65

STOCK COMPENSATION PLANS (Detail Textuals 1) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	9 Months Ended
	Aug. 31, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares purchased by RRP trust		42,791
Number of shares granted		17,128
2008 Recognition and Retention Plan ("2008 RRP")
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares purchased by RRP trust		213,528
Value of shares purchased in open market by RRP trust		$ 2.5
Average price per share of common stock purchased in the open market		$ 11.49
Percentage of vesting per year		20.00%
Vesting period of awards granted		5 years
Number of shares granted	7,473

STOCK COMPENSATION PLANS (Det66

STOCK COMPENSATION PLANS (Detail Textuals 2) - USD ($)	1 Months Ended				3 Months Ended			9 Months Ended
	May 31, 2017	Mar. 31, 2017	Aug. 31, 2016	Feb. 28, 2015	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares purchased for award								42,791
Number of shares granted								17,128
2008 Stock Option Plan (the "2008 Option Plan") | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of vesting and exercisable per year								20.00%
Vesting period of options								5 years
Exercisable period of options after grant date								10 years
Number of common stock available for issuance					533,808			533,808
Number of vested options								467,758
Number of shares purchased for award				608,737
Number of shares granted			18,866
2014 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares granted			3,027
2014 Stock Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares for issuance pursuant to options					714,145			714,145
Number of shares granted	25,000	22,828	8,634	608,737
2014 Stock Incentive Plan | Restricted stock awards or units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock available for issuance				285,655
Number of forfeit shares exceptional for award								53,462
Number of shares granted				233,500		17,128
2008 RRP and 2014 SIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares purchased for award				587,112
2008 RRP and 2014 SIP | Restricted stock awards or units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized compensation expense					$ 149,000		$ 87,000	$ 430,000	$ 329,000
Income tax benefit realized					51,000		30,000	146,000	112,000
Additional compensation expense for shares awarded remained unrecognized					1,200,000			$ 1,200,000
Weighted average period for recognition of nonvested awards								3 years 1 month 6 days
2008 Option Plan and 2014 SIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional compensation expense for options awarded remained unrecognized					1,500,000			$ 1,500,000
2008 Option Plan and 2014 SIP | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized compensation expense					139,000		106,000	397,000	322,000
Income tax benefit realized					$ 17,000		$ 36,000	$ 49,000	$ 44,000
Weighted average period for recognition of nonvested awards								3 years 2 months 12 days

STOCK COMPENSATION PLANS (Det67

STOCK COMPENSATION PLANS (Detail Textuals 3) - 2008 Option Plan and 2014 SIP - Stock Options	9 Months Ended
	Jun. 30, 2017$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining contractual term for options outstanding	4 years 6 months
Granted in fiscal 2009
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	$ 2.98
Granted in fiscal 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	2.92
Granted in fiscal 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	3.34
Granted in fiscal 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	4.67
Granted in fiscal 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	$ 4.58
Fair value, valuation method	Black-Scholes pricing model
Exercise price and fair value	$ 12.23
Expected term	7 years
Volatility rate	38.16%
Expected interest rate	1.62%
Expected yield	0.98%
Granted in fiscal 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	$ 2.13
Fair value, valuation method	Black-Scholes pricing model
Exercise price and fair value	$ 14.42
Expected term	7 years
Volatility rate	13.82%
Expected interest rate	1.36%
Expected yield	0.80%
Granted in fiscal 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Estimated fair value of options granted per share	$ 3.18
Grants in March and May 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair value, valuation method	Black-Scholes pricing model
Exercise price and fair value	$ 17.43
Expected term	7 years
Volatility rate	14.40%
Expected interest rate	2.22%
Expected yield	0.69%

COMMITMENTS AND CONTINGENT LI68

COMMITMENTS AND CONTINGENT LIABILITIES (Detail Textuals) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jun. 30, 2017	Sep. 30, 2016
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Exposure related to loans sold to FHLB	$ 1,800
Aggregate undisbursed portion of loans-in-process	50,792	$ 5,371
Loan Origination Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Exposure related to loans sold to FHLB	34,700	9,900
Aggregate undisbursed portion of loans-in-process	$ 50,800	$ 5,400
Loan Origination Commitments | Minimum
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Market interest rate on fixed and variable rate loans	4.00%	3.75%
Loan Origination Commitments | Maximum
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Market interest rate on fixed and variable rate loans	5.50%	5.00%
Unused lines of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Exposure related to loans sold to FHLB	$ 8,900	$ 3,300
Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Exposure related to loans sold to FHLB	$ 1,500	$ 1,900

FAIR VALUE MEASUREMENT - Assets

FAIR VALUE MEASUREMENT - Assets measured at fair value on recurring basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Assets:
Assets, total	$ 183,938	$ 138,694
Liabilities
Liabilities, total		202
Level 1
Assets:
Assets, total	59	42
Liabilities
Liabilities, total
Level 2
Assets:
Assets, total	183,879	138,652
Liabilities
Liabilities, total		202
Level 3
Assets:
Assets, total
Liabilities
Liabilities, total
U.S. Government and agency obligations
Assets:
Assets, total	20,620	21,024
U.S. Government and agency obligations | Level 1
Assets:
Assets, total
U.S. Government and agency obligations | Level 2
Assets:
Assets, total	20,620	21,024
U.S. Government and agency obligations | Level 3
Assets:
Assets, total
Mortgage-backed securities - U.S. Government agencies
Assets:
Assets, total	125,715	91,575
Mortgage-backed securities - U.S. Government agencies | Level 1
Assets:
Assets, total
Mortgage-backed securities - U.S. Government agencies | Level 2
Assets:
Assets, total	125,715	91,575
Mortgage-backed securities - U.S. Government agencies | Level 3
Assets:
Assets, total
Corporate bonds
Assets:
Assets, total	37,045	26,053
Corporate bonds | Level 1
Assets:
Assets, total
Corporate bonds | Level 2
Assets:
Assets, total	37,045	26,053
Corporate bonds | Level 3
Assets:
Assets, total
FHLMC preferred stock
Assets:
Assets, total	59	42
FHLMC preferred stock | Level 1
Assets:
Assets, total	59	42
FHLMC preferred stock | Level 2
Assets:
Assets, total
FHLMC preferred stock | Level 3
Assets:
Assets, total
Interest rate swap contracts
Assets:
Assets, total	499
Liabilities
Liabilities, total		202
Interest rate swap contracts | Level 1
Assets:
Assets, total
Liabilities
Liabilities, total
Interest rate swap contracts | Level 2
Assets:
Assets, total
Liabilities
Liabilities, total		202
Interest rate swap contracts | Level 3
Assets:
Assets, total	$ 499
Liabilities
Liabilities, total

FAIR VALUE MEASUREMENT - Change

FAIR VALUE MEASUREMENT - Changes in level 3 assets measured at fair value (Details 1) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 18,092	$ 19,429
Real estate owned	192	581
Total	18,284	20,010
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans
Real estate owned
Total
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans
Real estate owned
Total
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	18,092	19,429
Real estate owned	192	581
Total	$ 18,284	$ 20,010

FAIR VALUE MEASUREMENT - Valuat

FAIR VALUE MEASUREMENT - Valuation processes used to determine nonrecurring fair value measurements categorized within level 3 (Details 2) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Jun. 30, 2017	Sep. 30, 2016
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		$ 18,284	$ 20,010
Level 3
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		18,284	20,010
Level 3 | Impaired loan | Property Appraisals Valuation Technique
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		$ 18,092	$ 19,429
Valuation Technique	[1],[2]	Property appraisals	Property appraisals
Unobservable Input	[3]	Management discount for selling costs, property type and market volatility	Management discount for selling costs, property type and market volatility
Level 3 | Impaired loan | Property Appraisals Valuation Technique | Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Management discount rate		6.00%	6.00%
Level 3 | Impaired loan | Property Appraisals Valuation Technique | Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Management discount rate		10.00%	46.00%
Level 3 | Impaired loan | Property Appraisals Valuation Technique | Weighted Average
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Management discount rate		10.00%	10.00%
Level 3 | Real estate owned | Property Appraisals Valuation Technique
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		$ 581	$ 581
Valuation Technique	[1],[2]	Property appraisals	Property appraisals
Unobservable Input	[3]	Management discount for selling costs, property type and market volatility	Management discount for selling costs, property type and market volatility
Level 3 | Real estate owned | Property Appraisals Valuation Technique | Weighted Average
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Management discount rate		10.00%	10.00%
[1]	Fair value is generally determined through independent appraisals of the underlying collateral, which generally includes various Level 3 inputs, which are not identifiable.
[2]	Includes qualitative adjustments by management and estimated liquidation expenses.
[3]	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range and weighted average of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.

FAIR VALUE MEASUREMENT - Asse72

FAIR VALUE MEASUREMENT - Assets measured at fair value on a non-recurring basis and the adjustments to the carrying value (Details 3) - USD ($) $ in Thousands	Jun. 30, 2017	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2015
Assets:
Cash and cash equivalents	$ 22,927	$ 12,440	$ 38,572	$ 11,272
Certificates of deposit	1,853	1,853
Investment and mortgage-backed securities available for sale	183,439	138,694
Investment and mortgage-backed securities held to maturity	59,654	39,971
Loans receivable, net	544,422	344,948
Accrued interest receivable	3,089	1,928
Other real estate owned	192	581
Federal Home Loan Bank stock	5,767	2,463
Bank owned life insurance	27,877	13,055
Interest rate swap contracts	499
Liabilities:
Checking accounts	64,143	38,788
Money market deposit accounts	81,211	55,552
Passbook, club and statement savings accounts	104,446	70,924
Certificates of deposit	365,046	223,937
Accrued interest payable	1,339	1,403
Advances from FHLB short-term	20,000	20,000	$ 20,000
Advances from FHLB long-term	88,078	30,638
Advances from borrowers for taxes and insurance	3,982	1,748
Interest rate swap contracts		202
Fair Value
Assets:
Cash and cash equivalents	22,927	12,440
Certificates of deposit	1,853	1,853
Investment and mortgage-backed securities available for sale	183,439	138,694
Investment and mortgage-backed securities held to maturity	58,570	40,700
Loans receivable, net	548,697	344,100
Accrued interest receivable	3,089	1,928
Other real estate owned	192
Federal Home Loan Bank stock	5,767	2,463
Bank owned life insurance	27,877	13,055
Interest rate swap contracts	499
Liabilities:
Checking accounts	64,143	38,788
Money market deposit accounts	81,211	55,552
Passbook, club and statement savings accounts	104,446	70,924
Certificates of deposit	360,527	225,383
Accrued interest payable	1,339	1,403
Advances from FHLB short-term	20,000	20,000
Advances from FHLB long-term	87,372	30,222
Advances from borrowers for taxes and insurance	3,982	1,748
Interest rate swap contracts		202
Level 1
Assets:
Cash and cash equivalents	22,927	12,440
Certificates of deposit	1,853	1,853
Investment and mortgage-backed securities available for sale	59	42
Investment and mortgage-backed securities held to maturity
Loans receivable, net
Accrued interest receivable	3,089	1,928
Other real estate owned	192
Federal Home Loan Bank stock	5,767	2,463
Bank owned life insurance	27,877	13,055
Interest rate swap contracts
Liabilities:
Checking accounts	64,143	38,788
Money market deposit accounts	81,211	55,552
Passbook, club and statement savings accounts	104,446	70,924
Certificates of deposit
Accrued interest payable	1,339	1,403
Advances from FHLB short-term	20,000	20,000
Advances from FHLB long-term
Advances from borrowers for taxes and insurance	3,982	1,748
Interest rate swap contracts
Level 2
Assets:
Cash and cash equivalents
Certificates of deposit
Investment and mortgage-backed securities available for sale	183,380	138,652
Investment and mortgage-backed securities held to maturity	58,570	40,700
Loans receivable, net
Accrued interest receivable
Other real estate owned
Federal Home Loan Bank stock
Bank owned life insurance
Interest rate swap contracts	499
Liabilities:
Checking accounts
Money market deposit accounts
Passbook, club and statement savings accounts
Certificates of deposit
Accrued interest payable
Advances from FHLB short-term
Advances from FHLB long-term
Advances from borrowers for taxes and insurance
Interest rate swap contracts		202
Level 3
Assets:
Cash and cash equivalents
Certificates of deposit
Investment and mortgage-backed securities available for sale
Investment and mortgage-backed securities held to maturity
Loans receivable, net	548,697	344,100
Accrued interest receivable
Other real estate owned
Federal Home Loan Bank stock
Bank owned life insurance
Interest rate swap contracts
Liabilities:
Checking accounts
Money market deposit accounts
Passbook, club and statement savings accounts
Certificates of deposit	360,527	225,383
Accrued interest payable
Advances from FHLB short-term
Advances from FHLB long-term	87,372	30,222
Advances from borrowers for taxes and insurance
Interest rate swap contracts

FAIR VALUE MEASUREMENT (Detail

FAIR VALUE MEASUREMENT (Detail Textuals) - USD ($) $ in Millions	Jun. 30, 2017	Sep. 30, 2016
Level 2
Financing Receivable, Impaired [Line Items]
Collateral dependent impaired loans, fair value	$ 18	$ 19.4

GOODWILL AND OTHER INTANGIBLE74

GOODWILL AND OTHER INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2017	Jun. 30, 2017
Finite-lived Intangible Assets [Roll Forward]
Balance, Goodwill
Additions/Adjustments		7,163
Balance, Goodwill	$ 7,163	7,163
Balance, Total
Additions/Adjustments		7,985
Amortization	(37)	(75)
Balance, Total	7,910	7,910
Core deposit intangibles
Finite-lived Intangible Assets [Roll Forward]
Balance
Additions/Adjustments		822
Amortization		(75)
Balance	$ 747	$ 747
Amortization Period		10 years

GOODWILL AND OTHER INTANGIBLE75

GOODWILL AND OTHER INTANGIBLE ASSETS (Details 1) $ in Thousands	Jun. 30, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,017	$ 37
2,018	138
2,019	123
2,020	108
Thereafter	$ 341

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2017	Sep. 30, 2016
Liabilities assumed:
Goodwill resulting from the acquisition	$ 7,163
Polonia Bancorp
Consideration paid:
Common stock issued (1,274,197 shares) at a fair value per share of $17.12 per share.	21,814
Cash for common stock exchanged	18,944
Cash in lieu of fractional shares	1
Total Consideration	40,759
Assets acquired:
Cash and due from banks	47,901
Investments available for sale	42,164
Loans	160,157
Premises and equipment	6,902
Deferred taxes	3,921
Bank-owned life insurance	4,316
Core deposit intangible	822
Other assets	5,802
Total assets	271,985
Liabilities assumed:
Deposits	172,243
FHLB advances, short-term	7,000
FHLB advances, long -term	50,232
Other liabilities	8,914
Total liabilities	238,389
Net assets acquired	33,596
Goodwill resulting from the acquisition	$ 7,163

BUSINESS COMBINATIONS (Parenthe

BUSINESS COMBINATIONS (Parentheticals) (Details) - Polonia Bancorp	9 Months Ended
	Jun. 30, 2017$ / sharesshares
Business Acquisition [Line Items]
Number of shares issued in business combination (in shares) | shares	1,274,197
Shares price in business combination | $ / shares	$ 17.12

BUSINESS COMBINATIONS (Details

BUSINESS COMBINATIONS (Details 1) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Jun. 30, 2017	Sep. 30, 2016
Estimated adjustments to reflect liabilities assumed at fair value:
Goodwill resulting from merger	$ 7,163
Polonia Bancorp
Polonia Common Stock:
Total shares of common stock outstanding	3,416,311
Common stock issued cap	1,708,155
Shares redeemed for cash cap	1,708,156
Prudential common stock issued (conversion rate 0.7460)	1,274,197
Prudential closing price at December 31, 2016	$ 17.12
Cash-out rate paid per share for Polonia Bancorp common stock	$ 11.09
Purchase consideration assigned to Polonia Bancorp shares exchanged for Company Common Stock	$ 21,814
Cash Paid to Polonia for Polonia Bancorp shares	18,944
Cash Paid for fractional shares	1
Total Consideration estimated at fair value	40,759
Net Assets Acquired
Polonia Bancorp stockholders' equity	35,412
Core deposit intangible assets	822
Estimated adjustments to reflect assets acquired at fair value:
Investment securities	(781)
Portfolio loans	(4,643)
Allowance for loan and lease losses	1,002
Premises	3,049
Other Assets	(73)
Deferred Taxes	934
Total fair value adjustment to assets acquired	310
Estimated adjustments to reflect liabilities assumed at fair value:
Time deposits	894
Borrowings	1,232
Total fair value adjustment to liabilities assumed	2,126
Total net assets acquired	33,596
Goodwill resulting from merger	$ 7,163

BUSINESS COMBINATIONS (Parent79

BUSINESS COMBINATIONS (Parentheticals) (Details 1)	Jun. 30, 2017
Business Combinations [Abstract]
Business Acquisitions Exchange Ratio	0.7460

BUSINESS COMBINATIONS (Detail80

BUSINESS COMBINATIONS (Details 2) - Polonia Bancorp - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		9 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition [Line Items]
Net interest income		$ 6,053	$ 5,681	$ 14,998	$ 17,648
Provision for loan and leases losses		30	150	2,580	225
Net interest income after provision for loan and lease losses		6,023	5,531	12,418	17,423
Non-interest income		625	721	1,500	2,134
Non-interest expenses		3,500	5,156	12,981	17,582
Income before income taxes		3,148	1,096	937	1,975
Income tax expense		1,031	318	230	704
Net income		$ 2,117	$ 778	$ 707	$ 1,271
Per share data
Weighed average basic shares outstanding	[1]	8,652,699	8,655,077	8,202,850	8,655,077
Dilutive shares		656,370	270,973	570,792	246,791
Adjusted weighted-average dilutive shares		9,309,069	8,926,050	8,773,642	8,901,868
Basic earnings per common share		$ 0.25	$ 0.09	$ 0.08	$ 0.1
Dilutive earnings per common share		$ 0.25	$ 0.09	$ 0.08	$ 0.1
[1]	Weighted-average basis shares outstanding for both periods reflected are the Company's weighted-average shares plus the 1,274,197, shares that were issued as consideration for the Merger. The dilutive shares reflect the Company's estimated diluted shares for the period.

BUSINESS COMBINATIONS (Parent81

BUSINESS COMBINATIONS (Parentheticals) (Details 2)	9 Months Ended
	Jun. 30, 2017shares
Polonia Bancorp
Business Acquisition [Line Items]
Number of shares issued in business combination	1,274,197

BUSINESS COMBINATIONS (Detail82

BUSINESS COMBINATIONS (Details Textuals) $ / shares in Units, $ in Thousands	9 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Business Acquisition [Line Items]
Business Acquisitions Exchange Ratio	0.7460
Core Deposits [Member]
Business Acquisition [Line Items]
Amortization Period	10 years
Polonia Bancorp
Business Acquisition [Line Items]
Business Acquisitions Exchange Ratio	0.7460
Business Acquisition Per Share Cash Consideration | $ / shares	$ 11.09
Percentage stock consideration in business acquisition	50.00%
Percentage cash consideration in business acquisition	50.00%
Cash consideration for merger | $	$ 18,944
Number of shares issued in business combination | shares	1,274,197