Prudential Bancorp (PBIP) 10-Q 10 Aug 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
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		8,612,938
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3

UNAUDITED CONSOLIDATED STATEMEN

UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
ASSETS
Cash and amounts due from depository institutions	$ 1,974	$ 2,025
Interest-bearing deposits	18,331	43,357
Total cash and cash equivalents	20,305	45,382
Investment and mortgage-backed securities available for sale (amortized cost-June 30, 2015, $77,984; September 30, 2014, $59,262)	76,992	57,817
Investment and mortgage-backed securities held to maturity (fair value-June 30, 2015, $69,450; September 30, 2014, $79,092)	70,003	80,840
Loans receivable-net of allowance for loan losses (June 30, 2015, $2,673; September 30, 2014, $2,425)	317,487	321,063
Accrued interest receivable	1,716	1,748
Real estate owned		360
Federal Home Loan Bank stock-at cost	369	1,221
Office properties and equipment-net	1,402	1,331
Bank owned life insurance	12,638	12,377
Prepaid expenses and other assets	1,682	2,213
Deferred tax asset-net	1,169	1,131
TOTAL ASSETS	503,763	525,483
Deposits:
Noninterest-bearing	2,177	2,327
Interest-bearing	373,926	388,698
Total deposits	376,103	391,025
Advances from Federal Home Loan Bank		340
Accrued interest payable	939	1,486
Advances from borrowers for taxes and insurance	2,802	1,240
Accounts payable and accrued expenses	1,926	1,967
Total liabilities	$ 381,770	$ 396,058
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value, 10,000,000 shares authorized, none issued
Common stock, $.01 par value, 40,000,000 shares authorized; 9,544,809 issued and 8,849,938 outstanding at June 30, 2015 and 9,544,809 issued and outstanding at September 30, 2014	$ 95	$ 95
Additional paid-in capital	95,130	94,397
Unearned Employee Stock Ownership Plan shares	(5,020)	(5,302)
Treasury stock, at cost: 694,871 shares at June 30, 2015	(8,853)
Retained earnings	41,296	41,188
Accumulated other comprehensive loss	(655)	(953)
Total stockholders' equity	121,993	129,425
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 503,763	$ 525,483

UNAUDITED CONSOLIDATED STATEME3

UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Statement Of Financial Position [Abstract]
Investment and mortgage-backed securities available for sale, amortized cost (in dollars)	$ 77,984	$ 59,262
Investment and mortgage-backed securities held to maturity, fair value (in dollars)	69,450	79,092
Allowance for loan losses on loans receivable (in dollars)	$ 2,673	$ 2,425
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
Common stock, par value (in dollars per share)	$ 0.01
Common stock, shares authorized	40,000,000
Common stock, shares issued	9,544,809	9,544,809
Common stock, shares outstanding	8,849,938	9,544,809
Treasury stock, shares	694,871

UNAUDITED CONSOLIDATED STATEME4

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
INTEREST INCOME:
Interest and fees on loans	$ 3,085	$ 3,184	$ 9,629	$ 9,489
Interest on mortgage-backed securities	465	378	1,331	1,054
Interest and dividends on investments	487	553	1,587	1,639
Interest on interest-bearing assets	18	21	52	108
Total interest income	4,055	4,136	12,599	12,290
INTEREST EXPENSE:
Interest on deposits	851	826	2,623	2,583
Total interest expense	851	826	2,623	2,583
NET INTEREST INCOME	3,204	3,310	9,976	9,707
PROVISION FOR LOAN LOSSES	210		585
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	2,994	3,310	9,391	9,707
NON-INTEREST INCOME:
Fees and other service charges	87	103	283	289
Gain on sale of loans, net			138
Gain on sale of office properties, net	$ 231		$ 2,024
Gain on sale of securities available for sale, net				274
Total other-than-temporary impairment losses		$ (1)		$ (16)
Portion of loss recognized in other comprehensive income, before taxes
Net impairment losses recognized in earnings		$ (1)		$ (16)
Income from bank owned life insurance	$ 84	75	$ 261	169
Other	43	17	77	52
Total non-interest income	445	194	2,783	768
NON-INTEREST EXPENSE:
Salaries and employee benefits	2,061	1,578	5,686	4,747
Data processing	97	103	309	323
Professional services	303	196	923	719
Office occupancy	195	122	530	365
Depreciation	84	81	239	244
Payroll taxes	96	85	311	293
Director compensation	107	70	275	241
Deposit insurance	95	54	231	202
Real estate owned expense (recovery)	(2)	87	27	151
Advertising	37	18	140	162
Other	359	362	1,198	1,066
Total non-interest expense	3,432	2,756	9,869	8,513
INCOME BEFORE INCOME TAXES	7	748	2,305	1,962
INCOME TAXES:
Current (benefit) expense	(45)	321	279	496
Deferred expense (benefit)	5	(94)	(193)	72
Total income tax (benefit) expense	(40)	227	86	568
NET INCOME	$ 47	$ 521	$ 2,219	$ 1,394
BASIC EARNINGS PER SHARE (in dollars per share)	$ 0.01	$ 0.06	$ 0.26	$ 0.15
DILUTED EARNINGS PER SHARE (in dollars per share)	0.01	0.06	0.26	0.15
DIVIDENDS PER SHARE (in dollars per share)	$ 0.18	$ 0.03	$ 0.24	$ 0.03

UNAUDITED CONSOLIDATED STATEME5

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement Of Other Comprehensive Income [Abstract]
Net income	$ 47	$ 521	$ 2,219	$ 1,394
Unrealized holding (losses) gains on available-for-sale securities	(1,145)	932	452	1,232
Tax effect	389	(317)	(154)	(419)
Reclassification adjustment for net gains realized in net income				(274)
Tax effect				93
Reclassification adjustment for other-than-temporary impairment losses on debt securities		1		16
Tax effect				(5)
Total other comprehensive (loss) income	(756)	616	298	643
Comprehensive (loss) Income	$ (709)	$ 1,137	$ 2,517	$ 2,037

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 (Loss) Income	Total
BALANCE at Sep. 30, 2013	$ 118	$ 55,297	$ (2,565)	$ (31,625)	$ 39,979	$ (1,292)	$ 59,912
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income					1,394		1,394
Other comprehensive income						643	643
Dividends paid ($0.24 and $0.03 per share for June 30, 2015 and June 30, 2014, respectively)					(286)		(286)
Second-step conversion offering	(23)	38,725		31,625			70,327
Excess tax benefit from stock compensation plans		69					69
Stock option expense		116					116
Restricted stock expense		107					107
Purchase of ESOP shares (285,664 shares)			(3,089)				(3,089)
ESOP shares committed to be released (26,638 and 23,155 per share for June 30, 2015 and June 30, 2014, respectively)		5	258				263
BALANCE at Jun. 30, 2014	95	94,319	(5,396)		41,087	(649)	129,456
BALANCE at Sep. 30, 2014	95	94,397	(5,302)		41,188	(953)	129,425
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income					2,219		2,219
Other comprehensive income						298	298
Dividends paid ($0.24 and $0.03 per share for June 30, 2015 and June 30, 2014, respectively)					(2,111)		(2,111)
Excess tax benefit from stock compensation plans		118					118
Purchase of treasury stock (694,871 shares)				(8,853)			(8,853)
Stock option expense		241					241
Restricted stock expense		173					173
ESOP shares committed to be released (26,638 and 23,155 per share for June 30, 2015 and June 30, 2014, respectively)		201	282				483
BALANCE at Jun. 30, 2015	$ 95	$ 95,130	$ (5,020)	$ (8,853)	$ 41,296	$ (655)	$ 121,993

UNAUDITED CONSOLIDATED STATEME7

UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parentheticals) - $ / shares	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement Of Stockholders Equity [Abstract]
Dividends paid (in dollars per share)	$ 0.24	$ 0.03
Purchase of treasury stock, shares	694,871
Purchase of ESOP shares	26,638	285,664
ESOP shares committed to be released		23,155

UNAUDITED CONSOLIDATED STATEME8

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
OPERATING ACTIVITIES:
Net income	$ 2,219	$ 1,394
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	239	244
Net accretion of premiums/discounts	(192)	(264)
Provision for loan losses	585
Net amortization of deferred loan fees and costs	187	177
Impairment charge on investment and mortgage-backed securities		16
Share-based compensation expense	414	292
Gain from sale of investment and mortgage-backed securities		(274)
Income from bank owned life insurance	(261)	(169)
Gain from sale of loans	(138)
Originations of loans held for sale	(2,400)
Proceeds from sale of loans held for sale	2,538
Gain from sale of office properties	(2,024)
Compensation expense of ESOP	483	263
Deferred income tax (benefit) expense	(193)	72
Changes in assets and liabilities which used cash:
Accrued interest receivable	32	(34)
Prepaid expenses and other assets	532	1,114
Accrued interest payable	(547)	(612)
Accounts payable and accrued expenses	(41)	73
Net cash provided by operating activities	1,433	2,292
INVESTING ACTIVITIES:
Purchase of investment and mortgage-backed securities held to maturity		(7,000)
Purchase of investment and mortgage-backed securities available for sale	(22,837)	(17,452)
Loans originated or acquired	(53,139)	(54,178)
Principal collected on loans	55,943	38,756
Principal payments received on investment and mortgage-backed securities:
Held-to-maturity	10,875	7,142
Available-for-sale	4,268	2,856
Proceeds from redemption of FHLB stock	852
Purchase of FHLB Stock		(40)
Proceeds from sale of investments and mortgage-backed securities		1,321
Purchase of bank owned life insurance		(5,000)
Proceeds from sale of real estate owned	360	29
Proceeds from sale of office properties	2,114
Purchases of equipment	(400)	(93)
Net cash used in investing activities	(1,964)	(33,659)
FINANCING ACTIVITIES:
Net decrease in demand deposits, NOW accounts,and savings accounts	(5,738)	(2,382)
Redemption of funds held in escrow relating to second-step conversion		(145,675)
Net decrease in certificates of deposit	(9,184)	(17,789)
Increase in advances from borrowers for taxes and insurance	1,562	889
Repayment of advance from the FHLB	(340)
Cash dividends paid	(2,111)	(286)
Issuance of common stock relating to second-step conversion		38,702
Cancelation of treasury stock		31,625
Purchase of stock for ESOP		(3,089)
Purchase of treasury stock	(8,853)
Excess tax benefit related to stock compensation plans	118	69
Net cash used in financing activities	(24,546)	(97,936)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(25,077)	(129,303)
CASH AND CASH EQUIVALENTS-Beginning of period	45,382	158,984
CASH AND CASH EQUIVALENTS-End of period	20,305	29,681
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Interest paid on deposits and advances from Federal Home Loan Bank	3,170	3,195
Income taxes paid	$ 475
SUPPLEMENTAL DISCLOSURES OF NONCASH ITEMS:
Real estate acquired in settlement of loans		$ 83

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	1. SIGNIFICANT ACCOUNTING POLICIES Organization – 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 and six full-service branch offices. Five of the banking offices are located in Philadelphia (Philadelphia County), one is in Drexel Hill, Delaware County, Pennsylvania and the remaining branch is located in Chalfont, Bucks County, Pennsylvania. The Bank maintains ATMs at all seven 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, Prudential is subject to the regulation of the Board of Governors of the Federal Reserve System. 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 (“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 be entitled to receive any dividends declared on the common stock subject to the award until earned. Treasury Stock – FHLB Stock – Recent Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU” or “Update”) 2014-01, Investments – Equity Method and Joint Ventures (Topic 323) In January 2014, the FASB issued ASU 2014-04, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): In May 2014, the FASB issued ASU 2014-09 , Revenue from Contracts with Customers (a new revenue recognition standard). In June 2014, the FASB issued ASU 2014-11 , Transfers and Servicing (Topic 860): In June 2014, the FASB issued ASU 2014-12, Compensation-Stock Compensation (Topic 718): In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40). In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements -Going Concern (Subtopic 205-40). In November 2014, the FASB issued ASU 2014-16, Derivatives and Hedging (Topic 815): In November 2014, the FASB issued ASU 2014-17, Business Combinations (Topic 805): In January 2015, the FASB issued ASU 2015-01 , Income Statement –Extraordinary and Unusual Items, In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) In April 2015, the FASB issued ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30) In April 2015, the FASB issued ASU 2015-04, Compensation-Retirement Benefits (Topic 715) In April 2015, the FASB issued ASU 2015-05, Intangible – Goodwill and Other Internal Use Software (Topic 350-40) In April 2015, the FASB issued ASU 2015-06, Earnings Per Share (Topic 260): In May 2015, the FASB issued ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent). In May 2015, the FASB issued ASU 2015-08, Business Combinations - Pushdown Accounting - Amendment to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
EARNINGS PER SHARE	2. EARNINGS PER SHARE Basic earnings per common share is computed by dividing net income available to common shareholders 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 available to common shareholders 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, 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, 2015 2014 Basic Diluted Basic Diluted (Dollars in Thousands, Except Per Share Data) Net income $ 47 $ 47 $ 521 $ 521 Weighted average shares outstanding 8,195,086 8,195,086 8,971,874 8,971,874 Effect of dilutive common stock equivalents - 165,431 - 216,541 Adjusted weighted average shares used in earnings per share computation 8,195,086 8,360,517 8,971,874 9,188,415 Earnings per share - basic and diluted $ 0.01 $ 0.01 $ 0.06 $ 0.06 Nine Months Ended June 30, 2015 2014 Basic Diluted Basic Diluted (Dollars in Thousands, Except Per Share Data) Net income $ 2,219 $ 2,219 $ 1,394 $ 1,394 Weighted average shares outstanding 8,539,207 8,539,207 9,088,086 9,088,086 Effect of dilutive common stock equivalents - 158,303 - 211,429 Adjusted weighted average shares used in earnings per share computation 8,539,207 8,697,510 9,088,086 9,299,515 Earnings per share - basic and diluted $ 0.26 $ 0.26 $ 0.15 $ 0.15 As of June 30, 2015 and June 30, 2014, there were 684, 403 and 383,015 shares of common stock, respectively, subject to options with an exercise price greater than the then current market and which were not included in the computation of diluted earnings per share because to do so would have been antidilutive. The exercise price for the stock options representing the anti-dilutive shares was $12.23 and $11.83 at June 30, 2015 and 2014, respectively.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables present the changes in accumulated other comprehensive income (loss) by component, net of tax: Three Months Ended June 30, 2015 2014 (Dollars in Thousands) Unrealized gains (losses) on available for sale securities (a) Unrealized gains (losses) on available for sale securities (a) Beginning Balance $ 101 $ (1,265 ) Other comprehensive (loss)income before reclassification (756 ) 615 Amount reclassified from accumulated other comprehensive income - 1 Total other comprehensive (loss) income (756 ) 616 Ending Balance $ (655 ) $ (649 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits. Nine Months Ended June 30, 2015 2014 (Dollars in Thousands) Unrealized gains (losses) on available for sale securities (a) Unrealized gains (losses) on available for sale securities (a) Beginning Balance $ (953 ) $ (1,292 ) Other comprehensive income before reclassification 298 813 Amount reclassified from accumulated other comprehensive loss - (170 ) Total other comprehensive income 298 643 Ending Balance $ (655 ) $ (649 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits. The following table presents significant amounts reclassified out of each component of accumulated other comprehensive loss: Three Months Ended June 30, 2015 2014 Details about other comprehensive income Amount Reclassified Amount Reclassified Affected Line Item in (Dollars in Thousands) Unrealized gains on available for sale securities $ - $ - Gain on sale of securities available for sale - - Income taxes - (1 ) Net impairment losses recognized in earnings - - Income taxes $ - $ (1 ) Net of tax (a) Amounts in parentheses indicate debits to net income. Nine Months Ended June 30, 2015 2014 Details about other comprehensive income Amount Reclassified Amount Reclassified Affected Line Item in (Dollars in Thousands) Unrealized gains on available for sale securities $ - $ 274 Gain on sale of securities available for sale - (93 ) Income taxes - (16 ) Net impairment losses recognized in earnings - 5 Income taxes $ - $ 170 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, 2015
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, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 18,988 $ - $ (671 ) $ 18,317 Mortgage-backed securities - U.S. government agencies 58,990 273 (647 ) 58,616 Total debt securities available for sale 77,978 273 (1,318 ) 76,933 FHLMC preferred stock 6 53 - 59 Total securities available for sale $ 77,984 $ 326 $ (1,318 ) $ 76,992 Securities Held to Maturity: U.S. government and agency obligations $ 57,926 $ 438 $ (1,956 ) $ 56,408 Mortgage-backed securities - U.S. government agencies 12,077 982 (17 ) 13,042 Total securities held to maturity $ 70,003 $ 1,420 $ (1,973 ) $ 69,450 September 30, 2014 Amortized Cost Gross Unrealized Gains Gross Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 18,987 $ - $ (1,143 ) $ 17,844 Mortgage-backed securities - U.S. government agencies 40,269 188 (554 ) 39,903 Total debt securities available for sale 59,256 188 (1,697 ) 57,747 FHLMC preferred stock 6 64 - 70 Total securities available for sale $ 59,262 $ 252 $ (1,697 ) $ 57,817 Securities Held to Maturity: U.S. government and agency obligations $ 66,919 $ 502 $ (3,270 ) $ 64,151 Mortgage-backed securities - U.S. government agencies 13,921 1,130 (110 ) 14,941 Total securities held to maturity $ 80,840 $ 1,632 $ (3,380 ) $ 79,092 The following table shows the gross unrealized losses and related fair values of the Company’s investment securities which had unrealized losses as of June 30, 2015, aggregated by investment category and length of time that individual securities had been in a continuous loss position at June 30, 2015: Less than 12 months More than 12 months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ (170 ) $ 4,827 $ (501 ) $ 13,490 $ (671 ) $ 18,317 Mortgage-backed securities - U.S. government agencies (492 ) 28,684 (155 ) 9,520 (647 ) 38,204 Total securities available for sale (662 ) 33,511 (656 ) 23,010 (1,318 ) 56,521 Securities Held to Maturity: U.S. government and agency obligations (70 ) 8,422 (1,886 ) 41,565 (1,956 ) 49,987 Mortgage-backed securities - U.S. government agencies - - (17 ) 2,393 (17 ) 2,393 Total securities held to maturity (70 ) 8,422 (1,903 ) 43,958 (1,973 ) 52,380 Total $ (732 ) $ 41,933 $ (2,559 ) $ 66,968 $ (3,291 ) $ 108,901 The following table shows the gross unrealized losses and related fair values of the Company’s investment securities which had unrealized losses as of September 30, 2014, aggregated by investment category and length of time that individual securities had been in a continuous loss position at September 30, 2014: Less than 12 months More than 12 months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ - $ - $ (1,143 ) $ 17,844 $ (1,143 ) $ 17,844 Mortgage-backed securities - U.S. government agency (184 ) 16,437 (370 ) 13,303 (554 ) 29,740 Total securities available for sale (184 ) 16,437 (1,513 ) 31,147 (1,697 ) 47,584 Securities Held to Maturity: U.S. government and agency obligations (73 ) 6,408 (3,197 ) 49,243 (3,270 ) 55,651 Mortgage-backed securities - U.S. government agency - - (110 ) 4,542 (110 ) 4,542 Total securities held to maturity (73 ) 6,408 (3,307 ) 53,785 (3,380 ) 60,193 Total $ (257 ) $ 22,845 $ (4,820 ) $ 84,931 $ (5,077 ) $ 107,776 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 amortized 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, and (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 which represents loss related to other factors is recognized in other comprehensive income (loss). During the three and nine months ended June 30, 2015, the Company determined there were no OTTI that occurred within the investment and mortgage-back securities portfolios. The following is a rollforward for the three and nine months ended June 30, 2014 of the amounts recognized in earnings related to credit losses on securities on which the Company recorded OTTI charges through earnings and comprehensive income (loss). Three Months Ended June 30, 2014 (Dollars in Thousands) Credit component of OTTI as of April 1, 2014 $ 1,614 Additions for credit-related OTTI charges on previously unimpaired securities - Additional increase as a result of impairment charges recognized on investments for which an OTTI charge was previously recognized 1 Credit component of OTTI as of June 30, 2014 $ 1,615 Nine Months Ended June 30, 2014 (Dollars in Thousands) Credit component of OTTI as of October 1, 2013 $ 1,599 Additions for credit-related OTTI charges on previously unimpaired securities - Additional increase as a result of impairment charges recognized on investments for which an OTTI charge was previously recognized 16 Credit component of OTTI as of June 30, 2014 $ 1,615 U.S. Government Agency Obligations - U.S. Agency Issued Mortgage-Backed Securities - 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, 2015 Held to Maturity Available for Sale Amortized Cost Fair Value Amortized Cost Fair Value (Dollars in Thousands) Due within one year $ - $ - $ - $ - Due after one through five years 2,983 3,262 - - Due after five through ten years 7,500 7,315 1,999 1,947 Due after ten years 47,443 45,831 16,989 16,370 Total $ 57,926 $ 56,408 $ 18,988 $ 18,317 During both the three and nine month periods ended June 30, 2015, no securities were sold. During the three month period ended June 30, 2014, no securities were sold and for the nine month period ended June 30, 2014, the Company sold five mortgage-backed securities with an aggregate amortized cost of $1.0 million and recognized aggregate gains of $274,000 (pre-tax). During the nine month period ended June 30, 2014, no securities were sold at a loss.

LOANS RECEIVABLE

LOANS RECEIVABLE	9 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
LOANS RECEIVABLE	5. LOANS RECEIVABLE Loans receivable consist of the following: June 30, 2015 September 30, 2014 (Dollars in Thousands) One-to-four family residential $ 266,583 $ 282,637 Multi-family residential 6,304 7,174 Commercial real estate 25,419 16,113 Construction and land development 40,580 22,397 Commercial business - 1,976 Consumer 378 399 Total loans 339,264 330,696 Undisbursed portion of loans-in-process (21,295 ) (9,657 ) Deferred loan costs 2,191 2,449 Allowance for loan losses (2,673 ) (2,425 ) Net loans $ 317,487 $ 321,063 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, 2015: One- to-four family residential Multi-family residential Commercial real estate Construction and land development Commercial business Consumer Unallocated Total (Dollars in Thousands) Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,639 60 215 507 - 4 248 2,673 Total ending allowance balance $ 1,639 $ 60 $ 215 $ 507 $ - $ 4 $ 248 $ 2,673 Loans: Individually evaluated for impairment $ 8,924 $ 355 $ 3,912 $ 8,029 $ - $ - $ 21,220 Collectively evaluated for impairment 257,659 5,949 21,507 32,551 - 378 318,044 Total loans $ 266,583 $ 6,304 $ 25,419 $ 40,580 $ - $ 378 $ 339,264 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, 2014: One- to-four family residential Multi-family residential Commercial real estate Construction and land development Commercial business Consumer Unallocated Total (Dollars in Thousands) Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,663 67 122 323 15 4 231 2,425 Total loans $ 1,663 $ 67 $ 122 $ 323 $ 15 $ 4 $ 231 $ 2,425 Loans: Individually evaluated for impairment $ 10,436 $ 368 $ 3,777 $ 7,399 $ - $ - $ - $ 21,980 Collectively evaluated for impairment 272,201 6,806 12,336 14,998 1,976 399 - 308,716 Total loans $ 282,637 $ 7,174 $ 16,113 $ 22,397 $ 1,976 $ 399 $ - $ 330,696 The loan portfolio is segmented at a level that allows management to monitor both risk and performance. Management evaluates for potential impairment all construction loans, commercial real estate and commercial business loans and all loans 90 plus 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, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of June 30, 2015: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in Thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance One-to-four family residential $ - $ - $ 8,924 $ 8,924 $ 9,315 Multi-family residential - - 355 355 355 Commercial real estate - - 3,912 3,912 3,912 Construction and land development - - 8,029 8,029 8,029 Total Loans $ - $ - $ 21,220 $ 21,220 $ 21,611 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of September 30, 2014: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in Thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance One-to-four family residential $ - $ - $ 10,436 $ 10,436 $ 11,135 Multi-family residential - - 368 368 368 Commercial real estate - - 3,777 3,777 3,777 Construction and land development - - 7,399 7,399 7,399 Total Loans $ - $ - $ 21,980 $ 21,980 $ 22,679 The following table presents the average recorded investment in impaired loans and related interest income recognized for the periods indicated: Three Months Ended June 30, 2015 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 9,222 $ 115 $ 42 Multi-family residential 357 6 - Commercial real estate 3,832 54 24 Construction and land development 7,977 109 65 Total Loans $ 21,388 $ 284 $ 131 Nine Months Ended June 30, 2015 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 9,865 $ 378 $ 119 Multi-family residential 361 19 - Commercial real estate 3,801 157 58 Construction and land development 7,728 318 129 Total Loans $ 21,755 $ 872 $ 306 Three Months Ended June 30, 2014 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 10,030 $ 78 $ 85 Multi-family residential 188 7 - Commercial real estate 1,468 8 7 Construction and land development 4,052 34 - Total Loans $ 15,738 $ 127 $ 92 Nine Months Ended June 30, 2014 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 10,342 $ 242 $ 136 Multi-family residential 285 20 7 Commercial real estate 1,926 18 14 Construction and land development 2,628 70 - Total Loans $ 15,181 $ 350 $ 157 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 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 weighting 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, 2015 Pass Special Mention Substandard Total Loans (Dollars in Thousands) One-to-four family residential $ 3,442 $ 1,432 $ 4,050 $ 8,924 Multi-family residential 5,949 - 355 6,304 Commercial real estate 22,572 - 2,847 25,419 Construction and land development 32,551 - 8,029 40,580 Total Loans $ 64,514 $ 1,432 $ 15,281 $ 81,227 September 30, 2014 Pass Special Substandard Total (Dollars in Thousands) One-to-four family residential $ - $ 1,509 $ 10,436 $ 11,945 Multi-family residential 6,806 - 368 7,174 Commercial real estate 11,347 989 3,777 16,113 Construction and land development 14,998 - 7,399 22,397 Commercial business 1,976 - - 1,976 Consumer - 119 - 119 Total Loans $ 35,127 $ 2,617 $ 21,980 $ 59,724 The Company evaluates the classification of one-to-four family residential 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 loan, the loan is downgraded following the above definitions of special mention, substandard, doubtful and loss. The following table represents 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 table are those loans greater than 90 days past due, that do not have a designated risk rating. June 30, 2015 Performing Non- Total (Dollars in Thousands) One-to-four family residential $ 257,659 $ - $ 257,659 Consumer 378 - 378 Total Loans $ 258,037 $ - $ 258,037 September 30, 2014 Non- Total (Dollars in Thousands) One-to-four family residential $ 270,692 $ - $ 270,692 Consumer 280 - 280 Total Loans $ 270,972 $ - $ 270,972 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, 2015 Current 30-89 Days 90 Days + 90 Days+ Total Total Loans Non- (Dollars in Thousands) One-to-four family residential $ 262,629 $ 529 $ 3,425 $ - $ 529 $ 266,583 $ 4,949 Multi-family residential 6,304 - - - - 6,304 - Commercial real estate 25,237 - 182 - - 25,419 2,462 Construction and land development 40,580 - - - - 40,580 8,029 Consumer 378 - - - - 378 - Total Loans $ 335,128 $ 529 $ 3,607 $ - $ 529 $ 339,264 $ 15,440 September 30, 2014 Current 30-89 Days 90 Days + 90 Days+ Total Total Loans Non- (Dollars in Thousands) One-to-four family residential $ 278,716 $ 475 $ 3,446 $ - $ 475 $ 282,637 $ 5,002 Multi-family residential 7,174 - - - - 7,174 - Commercial real estate 16,113 - - - - 16,113 877 Construction and land development 22,397 - - - - 22,397 - Commercial business 1,976 - - - - 1,976 - Consumer 399 - - - - 399 - Total Loans $ 326,775 $ 475 $ 3,446 $ - $ 475 $ 330,696 $ 5,879 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 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 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 both the borrowers as well as the value of the collateral property. Such lending is additionally subject to the risk that if the estimate of construction cost proves to be inaccurate, potentially the Company will be compelled to advance additional funds. 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 three and nine month periods ended June 30, 2015 and 2014: Three Months Ended June 30, 2015 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2015 $ 1,545 $ 51 $ 207 $ 545 $ - $ 4 $ 236 $ 2,588 Charge-offs (126 ) - - - - - - (126 ) Recoveries 1 - - - - - - 1 Provision 219 9 8 (38 ) - - 12 210 ALLL balance at June 30, 2015 $ 1,639 $ 60 $ 215 $ 507 $ - $ 4 $ 248 $ 2,673 Nine Months Ended June 30, 2015 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2014 $ 1,663 $ 67 $ 122 $ 323 $ 15 $ 4 $ 231 $ 2,425 Charge-offs (338 ) - - - - - - (338 ) Recoveries 1 - - - - - - 1 Provision 313 (7 ) 93 184 (15 ) - 17 585 ALLL balance at June 30, 2015 $ 1,639 $ 60 $ 215 $ 507 $ - $ 4 $ 248 $ 2,673 The increase in the provision for the fiscal 2015 periods was primarily a result of replenishing the allowance related to one-to-four family loans that were charged-off during the period based upon the balance of such loans at June 30, 2015. In addition, the allowance associated with construction and land development loans was impacted by the increase in the outstanding balance of such loans triggering the need to increase the Company’s allowance. Three Months Ended June 30, 2014 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2014 $ 1,425 $ 64 $ 141 $ 523 $ 4 $ 3 $ 230 $ 2,390 Charge-offs (205 ) - - - - - - (205 ) Recoveries - - - - - - - - Provision 86 38 90 (234 ) - 2 18 - ALLL balance at June 30, 2014 $ 1,286 $ 58 $ 125 $ 512 $ 3 $ 1 $ 200 $ 2,185 Nine Months Ended June 30, 2014 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2013 $ 1,384 $ 22 $ 70 $ 653 $ 4 $ 2 $ 218 $ 2,353 Charge-offs (215 ) - - - - - - (215 ) Recoveries 47 - - - - - - 47 Provision 70 36 55 (141 ) (1 ) (1 ) (18 ) - ALLL balance at June 30, 2014 $ 1,286 $ 58 $ 125 $ 512 $ 3 $ 1 $ 200 $ 2,185 The decrease in the provision for the fiscal 2014 periods primarily related to the construction and land development loan category and was due mainly to a decrease in the historical loss factor. This decrease was a direct result of prior period charge-offs that occurred prior to the three year period utilized for calculation of this component of the allowance for loan losses. The following tables summarize information regarding troubled debt restructurings (“TDR”) occurring in the periods presented for both three and nine months ended June 30, 2015 and 2014. The Company did not restructure any debt during the three month period ended June 30, 2015. Nine Months Ended June 30, 2015 (Dollars in Thousands) Number of Pre-Modification Post- Commercial real estate 1 $ 750 $ 750 Construction and land development 1 3,665 3,665 2 $ 4,415 $ 4,415 Three Months Ended June 30, 2014 (Dollars in Thousands) Number of Pre-Modification Post- One-to-four family 1 $ 453 $ 800 1 $ 453 $ 800 Nine Months Ended June 30, 2014 (Dollars in Thousands) Number of Pre-Modification Post- One-to-four family 1 $ 1,468 $ 1,468 Commercial 1 453 800 2 $ 1,921 $ 2,268 At June 30, 2015, the Company had ten loans classified as TDRs aggregating $8.3 million, consisting two single-family real estate loans which amounted to $1.6 million, one construction and land development loan totaling $3.6 million and seven commercial real estate loans which amounted to $3.1 million. Of these loans, one single-family real estate loan totaling $1.4 million, two commercial real estate loans totaling $1.6 million and a construction and land development loan totaling $3.7 million were determined to be non-performing, until management has made the decision to designate these credits as performing. Typically management will wait a minimum of six consecutive contractual payments prior to change the designation. All TDRs, with the exception of one commercial real estate loan totaling $884,000, were classified as “substandard” as of June 30, 2015. No TDRs defaulted during the three and nine month periods ended June 30, 2015 or 2014 that were restructured in the twelve months preceding the periods presented.

DEPOSITS

DEPOSITS	9 Months Ended
	Jun. 30, 2015
Deposits [Abstract]
DEPOSITS	6. DEPOSITS Deposits consist of the following major classifications: June 30, 2015 September 30, 2014 Amount Percent Amount Percent (Dollars in Thousands) Money market deposit accounts $ 62,299 16.6 % $ 64,665 16.5 % Interest-bearing checking accounts 35,958 9.6 38,119 9.8 Non interest-bearing checking accounts 2,177 0.6 2,327 0.6 Passbook, club and statement savings 72,214 19.2 73,275 18.8 Certificates maturing in six months or less 56,252 15.0 48,359 12.4 Certificates maturing in more than six months 147,203 39.0 164,280 41.9 Total $ 376,103 100.0 % $ 391,025 100.0 % Certificates of deposit of $250,000 and over totaled $33.9 million as of June 30, 2015 and $33.1 million as of September 30, 2014.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	7. INCOME TAXES Items that gave rise to significant portions of deferred income taxes are as follows: June 2015 September 30, 2014 Deferred tax assets: (Dollars in Thousands) Allowance for loan losses $ 1,124 $ 1,123 Nonaccrual interest 94 125 Accrued vacation 118 108 Capital loss carryforward 548 1,211 Split dollar life insurance 20 20 Post-retirement benefits 132 137 Unrealized loss on available for sale securities 337 491 Employee benefit plans 477 382 Total deferred tax assets 2,850 3,597 Valuation allowance (548 ) (1,211 ) Total deferred tax assets, net of valuation allowance 2,302 2,386 Deferred tax liabilities: Property 387 422 Deferred loan fees 746 833 Total deferred tax liabilities 1,133 1,255 Net deferred tax asset $ 1,169 $ 1,131 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 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 over a five year period, resulting in the establishment of a valuation allowance for the carryforward period. The valuation allowance totaled $548,000 at June 30, 2015. 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. As of June 30, 2015, the Internal Revenue Service had conducted an audit of the Company’s federal tax return for the year ended September 30, 2010, and no adverse findings were reported. The Company’s federal and state income tax returns for taxable years through September 30, 2011 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, 2015
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
STOCK COMPENSATION PLANS	8. STOCK COMPENSATION PLANS The Company maintains an employee stock ownership plan (“ESOP”) for substantially all of its full-time employees. The ESOP purchased 427,057 shares (on a converted basis) of the Company’s common stock for an aggregate cost of approximately $4.5 million in fiscal 2005. The ESOP purchased an additional 255,564 shares during December 2013 and an additional 30,100 shares at the beginning January 2014, of the Company’s stock for an aggregate cost of approximately $3.1 million. The shares were purchased with the proceeds of 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. 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 released differs from the cost of such shares, the difference is charged or credited to equity as additional paid-in capital. As of June 30, 2015, the ESOP held 697,301 shares and the Company had allocated a total of 222,685 shares from the suspense account to participants and committed to release an additional 17,761 shares. For the nine months ended June 30, 2015, the Company recognized $483,000 in compensation expense related to the ESOP. 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 RRP Trust purchased 213,528 shares (on a converted basis) of the Company’s common stock in the open market for approximately $2.5 million, at an average purchase price per share of $11.49 as part of the 2008 RRP. The Company made sufficient contributions to the RRP Trust to fund these purchases. As of June 30, 2015, 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. As of June 30, 2015, 185,788 (on a converted basis) of the awarded shares of the 2008 Plan had become fully vested. 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 can be awarded as restricted stock awards or units, of which 235,500 shares were awarded during February 2015. 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, 2015, $154,000 and $263,000, respectively, was recognized in compensation expense for the 2008 RRP and the grants pursuant to the 2014 SIP. Income tax benefits of $52,000 and $89,000 were recognized for the three and nine months ended June 30, 2015. During the three and nine months ended June 30, 2014, $21,000 and $107,000, respectively, was recognized in compensation expense for the 2008 RRP. An income tax benefit of $7,000 was recognized for the three months ended June 30, 2014 while an income tax benefit of $55,000 was recognized for the nine months ended June 30, 2014. At June 30, 2015, approximately $2.8 million in additional compensation expense for the shares awarded related to the 2008 RRP and the 2014 SIP remained unrecognized. A summary of the Company’s non-vested stock award activity for the nine months ended June 30, 2015 and 2014 are presented in the following tables: Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2014 38,055 $ 8.07 Issued 235,500 12.23 Forfeited - - Vested (10,314 ) 8.22 Nonvested stock awards at the June 30, 2015 263,241 $ 11.79 Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2013 79,477 $ 9.56 Issued - - Forfeited - - Vested (41,422 ) 10.93 Nonvested stock awards at the June 30, 2014 38,055 $ 8.11 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 (on a converted basis) of common stock were approved for future issuance pursuant to the 2008 Stock Option Plan. As of June 30, 2015, all of the options had been awarded under the 2008 Option Plan. As of June 30, 2015, 419,801 options (on a converted basis) were vested under the 2008 Option Plan. The 2014 SIP reserved up to 714,145 shares for issuance pursuant to options. Options to purchase 608,737 shares were awarded during February 2015, 605,000 shares pursuant to the 2014 SIP and the remainder pursuant to the 2008 Option Plan. A summary of the status of the Company’s stock options under the 2008 Option Plan and the 2014 SIP as of June 30, 2015 and 2014 and changes during the nine month periods ended June 30, 2015 and 2014 are presented below: Nine Months Ended Number of Weighted Average Outstanding at October 1, 2014 530,084 $ 10.86 Granted 608,737 12.23 Exercised - - Forfeited - - Outstanding at June 30, 2015 1,138,821 $ 11.59 Exercisable at June 30, 2015 445,147 $ 11.37 Nine Months Ended Number of Weighted Average Outstanding at October 1, 2013 516,739 $ 10.86 Granted 13,545 10.68 Exercised - - Forfeited - - Outstanding at June 30, 2014 530,284 $ 10.86 Exercisable at June 30, 2014 415,733 $ 11.57 The weighted average remaining contractual term was approximately 7.3 years for options outstanding as of June 30, 2015. 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 and $4.58 for options granted during fiscal 2015. 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, term of seven years, volatility rate of 38.16%, interest rate of 1.62% and a yield rate of 0.98%. During the three and nine months ended June 30, 2015, $158,000 and $268,000, respectively, was recognized in compensation expense for options granted pursuant to the 2008 Option Plan and the 2014 SIP. Tax benefits of $16,000 and $28,000, respectively, were recognized for the three and nine months ended June 30, 2015. During the three and nine months ended June 30, 2014, $25,000 and $116,000, respectively, was recognized in compensation expense for the 2008 Option Plan. Tax benefits of $3,000 and $14,000, respectively, were recognized for the three and nine months ended June 30, 2014. At June 30, 2015, approximately $2.8 million in additional compensation expense for awarded options remained unrecognized. The weighted average period over which this expense will be recognized is approximately 4.5 years.

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	9 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	9. COMMITMENTS AND CONTINGENT LIABILITIES At June 30, 2015, the Company had $4.2 million in outstanding commitments to originate fixed and variable-rate loans with market interest rates ranging from 3.25% to 8.00%. At September 30, 2014, the Company had $25.3 million in outstanding commitments to originate fixed and variable-rate loans with market interest rates ranging from 3.25% to 6.00%. The aggregate undisbursed portion of loans-in-process amounted to $21.3 million at June 30, 2015 and $9.7 million at September 30, 2014. The Company also had commitments under unused lines of credit of $3.6 million as of both June 30, 2015 and September 30, 2014 and letters of credit outstanding of $2.6 million and $609,000, respectively, at June 30, 2015 and September 30, 2014. 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, 2015, the exposure, which represents a portion of credit risk associated with the interests sold, amounted to $60,000. This exposure is for the life of the related loans and payables, on our proportionate share, as actual losses are incurred. 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, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	10. FAIR VALUE MEASUREMENT The fair value estimates presented herein are based on pertinent information available to management as of June 30, 2015 and September 30, 2014, 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, 2015 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 $ - $ 18,317 $ - $ 18,317 Mortgage-backed securities - U.S. Government agencies - 58,616 - 58,616 FHLMC preferred stock 59 - - 59 Total $ 59 $ 76,933 $ - $ 76,992 Those assets as of September 30, 2014 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 $ - $ 17,844 $ - $ 17,844 Mortgage-backed securities - U.S. Government agencies - 39,903 - 39,903 FHLMC preferred stock 70 - - 70 Total $ 70 $ 57,747 $ - $ 57,817 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 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 comparables 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 $21.2 million as of June 30, 2015. Summary of Non-Recurring Fair Value Measurements At June 30, 2015 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 21,220 $ 21,220 Total $ - $ - $ 21,220 $ 21,220 At September 30, 2014 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 21,980 $ 21,980 Total $ - $ - $ 21,980 $ 21,980 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, 2015 (Dollars in Thousands) Fair Value Valuation Unobservable Input Range/ Impaired loans $ 21,220 Property appraisals(1) (3) Management discount for selling costs, property type and market volatility (2) 10% discount At September 30, 2014 (Dollars in Thousands) Fair Value Valuation Unobservable Input Range / Impaired loans $ 21,980 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 have 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, 2015 Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 20,305 $ 20,305 $ 20,305 $ - $ - Investment and mortgage-backed securities available for sale 76,992 76,992 59 76,933 - Investment and mortgage-backed securities held to maturity 70,003 69,450 - 69,450 - Loans receivable, net 317,487 315,966 - - 315,966 Accrued interest receivable 1,716 1,716 1,716 - - Federal Home Loan Bank stock 369 369 369 - - Bank owned life insurance 12,638 12,638 12,638 - - Liabilities: Checking accounts 38,135 38,135 38,135 - - Money market deposit accounts 62,299 62,299 62,299 - - Passbook, club and statement savings accounts 72,214 72,214 72,214 - - Certificates of deposit 203,455 207,241 - - 207,241 Accrued interest payable 939 939 939 - - Advances from borrowers for taxes and insurance 2,802 2,802 2,802 - - Fair Value Measurements at Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 45,382 $ 45,382 $ 45,382 $ - $ - Investment and mortgage-backed securities available for sale 57,817 57,817 70 57,747 - Investment and mortgage-backed securities held to maturity 80,840 79,092 - 79,092 - Loans receivable, net 321,063 321,247 - - 321,247 Accrued interest receivable 1,748 1,748 1,748 - - Federal Home Loan Bank stock 1,221 1,221 1,221 - - Bank owned life insurance 12,377 12,377 12,377 - - Liabilities: Checking accounts 40,446 40,446 40,446 - - Money market deposit accounts 64,665 64,665 64,665 - - Passbook, club and statement savings accounts 73,275 73,275 73,275 - - Certificates of deposit 212,639 217,273 - 217,273 - Advances from Federal Home Loan Bank 340 340 340 - - Accrued interest payable 1,486 1,486 1,486 - - Advances from borrowers for taxes and insurance 1,240 1,240 1,240 - - 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 — Advances from Federal Home Loan Bank — Accrued Interest Payable – Advances from borrowers for taxes and insurance – Commitments to Extend Credit and Letters of Credit —

SIGNIFICANT ACCOUNTING POLICI19

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
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 (“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 be entitled to receive any dividends declared on the common stock subject to the award until earned.
Treasury Stock	Treasury Stock –
FHLB Stock	FHLB Stock –
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU” or “Update”) 2014-01, Investments – Equity Method and Joint Ventures (Topic 323) In January 2014, the FASB issued ASU 2014-04, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): In May 2014, the FASB issued ASU 2014-09 , Revenue from Contracts with Customers (a new revenue recognition standard). In June 2014, the FASB issued ASU 2014-11 , Transfers and Servicing (Topic 860): In June 2014, the FASB issued ASU 2014-12, Compensation-Stock Compensation (Topic 718): In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40). In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements -Going Concern (Subtopic 205-40). In November 2014, the FASB issued ASU 2014-16, Derivatives and Hedging (Topic 815): In November 2014, the FASB issued ASU 2014-17, Business Combinations (Topic 805): In January 2015, the FASB issued ASU 2015-01 , Income Statement –Extraordinary and Unusual Items, In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) In April 2015, the FASB issued ASU 2015-03, Interest-Imputation of Interest (Subtopic 835-30) In April 2015, the FASB issued ASU 2015-04, Compensation-Retirement Benefits (Topic 715) In April 2015, the FASB issued ASU 2015-05, Intangible – Goodwill and Other Internal Use Software (Topic 350-40) In April 2015, the FASB issued ASU 2015-06, Earnings Per Share (Topic 260): In May 2015, the FASB issued ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent). In May 2015, the FASB issued ASU 2015-08, Business Combinations - Pushdown Accounting - Amendment to SEC Paragraphs Pursuant to Staff Accounting Bulletin No. 115.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of basic and diluted earnings per share	Three Months Ended June 30, 2015 2014 Basic Diluted Basic Diluted (Dollars in Thousands, Except Per Share Data) Net income $ 47 $ 47 $ 521 $ 521 Weighted average shares outstanding 8,195,086 8,195,086 8,971,874 8,971,874 Effect of dilutive common stock equivalents - 165,431 - 216,541 Adjusted weighted average shares used in earnings per share computation 8,195,086 8,360,517 8,971,874 9,188,415 Earnings per share - basic and diluted $ 0.01 $ 0.01 $ 0.06 $ 0.06 Nine Months Ended June 30, 2015 2014 Basic Diluted Basic Diluted (Dollars in Thousands, Except Per Share Data) Net income $ 2,219 $ 2,219 $ 1,394 $ 1,394 Weighted average shares outstanding 8,539,207 8,539,207 9,088,086 9,088,086 Effect of dilutive common stock equivalents - 158,303 - 211,429 Adjusted weighted average shares used in earnings per share computation 8,539,207 8,697,510 9,088,086 9,299,515 Earnings per share - basic and diluted $ 0.26 $ 0.26 $ 0.15 $ 0.15

ACCUMULATED OTHER COMPREHENSI21

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income [Abstract]
Schedule of changes in accumulated other comprehensive income	Three Months Ended June 30, 2015 2014 (Dollars in Thousands) Unrealized gains (losses) on available for sale securities (a) Unrealized gains (losses) on available for sale securities (a) Beginning Balance $ 101 $ (1,265 ) Other comprehensive (loss)income before reclassification (756 ) 615 Amount reclassified from accumulated other comprehensive income - 1 Total other comprehensive (loss) income (756 ) 616 Ending Balance $ (655 ) $ (649 ) (a) All amounts are net of tax. Amounts in parentheses indicate debits. Nine Months Ended June 30, 2015 2014 (Dollars in Thousands) Unrealized gains (losses) on available for sale securities (a) Unrealized gains (losses) on available for sale securities (a) Beginning Balance $ (953 ) $ (1,292 ) Other comprehensive income before reclassification 298 813 Amount reclassified from accumulated other comprehensive loss - (170 ) Total other comprehensive income 298 643 Ending Balance $ (655 ) $ (649 ) (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, 2015 2014 Details about other comprehensive income Amount Reclassified Amount Reclassified Affected Line Item in (Dollars in Thousands) Unrealized gains on available for sale securities $ - $ - Gain on sale of securities available for sale - - Income taxes - (1 ) Net impairment losses recognized in earnings - - Income taxes $ - $ (1 ) Net of tax (a) Amounts in parentheses indicate debits to net income. Nine Months Ended June 30, 2015 2014 Details about other comprehensive income Amount Reclassified Amount Reclassified Affected Line Item in (Dollars in Thousands) Unrealized gains on available for sale securities $ - $ 274 Gain on sale of securities available for sale - (93 ) Income taxes - (16 ) Net impairment losses recognized in earnings - 5 Income taxes $ - $ 170 Net of tax (a) Amounts in parentheses indicate debits to net income.

INVESTMENT AND MORTGAGE-BACKE22

INVESTMENT AND MORTGAGE-BACKED SECURITIES (Tables)	9 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of securities, with gross unrealized gains and losses	June 30, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 18,988 $ - $ (671 ) $ 18,317 Mortgage-backed securities - U.S. government agencies 58,990 273 (647 ) 58,616 Total debt securities available for sale 77,978 273 (1,318 ) 76,933 FHLMC preferred stock 6 53 - 59 Total securities available for sale $ 77,984 $ 326 $ (1,318 ) $ 76,992 Securities Held to Maturity: U.S. government and agency obligations $ 57,926 $ 438 $ (1,956 ) $ 56,408 Mortgage-backed securities - U.S. government agencies 12,077 982 (17 ) 13,042 Total securities held to maturity $ 70,003 $ 1,420 $ (1,973 ) $ 69,450 September 30, 2014 Amortized Cost Gross Unrealized Gains Gross Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ 18,987 $ - $ (1,143 ) $ 17,844 Mortgage-backed securities - U.S. government agencies 40,269 188 (554 ) 39,903 Total debt securities available for sale 59,256 188 (1,697 ) 57,747 FHLMC preferred stock 6 64 - 70 Total securities available for sale $ 59,262 $ 252 $ (1,697 ) $ 57,817 Securities Held to Maturity: U.S. government and agency obligations $ 66,919 $ 502 $ (3,270 ) $ 64,151 Mortgage-backed securities - U.S. government agencies 13,921 1,130 (110 ) 14,941 Total securities held to maturity $ 80,840 $ 1,632 $ (3,380 ) $ 79,092
Schedule of gross unrealized losses and related fair values of investment securities	The following table shows the gross unrealized losses and related fair values of the Company’s investment securities which had unrealized losses as of June 30, 2015, aggregated by investment category and length of time that individual securities had been in a continuous loss position at June 30, 2015: Less than 12 months More than 12 months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ (170 ) $ 4,827 $ (501 ) $ 13,490 $ (671 ) $ 18,317 Mortgage-backed securities - U.S. government agencies (492 ) 28,684 (155 ) 9,520 (647 ) 38,204 Total securities available for sale (662 ) 33,511 (656 ) 23,010 (1,318 ) 56,521 Securities Held to Maturity: U.S. government and agency obligations (70 ) 8,422 (1,886 ) 41,565 (1,956 ) 49,987 Mortgage-backed securities - U.S. government agencies - - (17 ) 2,393 (17 ) 2,393 Total securities held to maturity (70 ) 8,422 (1,903 ) 43,958 (1,973 ) 52,380 Total $ (732 ) $ 41,933 $ (2,559 ) $ 66,968 $ (3,291 ) $ 108,901 The following table shows the gross unrealized losses and related fair values of the Company’s investment securities which had unrealized losses as of September 30, 2014, aggregated by investment category and length of time that individual securities had been in a continuous loss position at September 30, 2014: Less than 12 months More than 12 months Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (Dollars in Thousands) Securities Available for Sale: U.S. government and agency obligations $ - $ - $ (1,143 ) $ 17,844 $ (1,143 ) $ 17,844 Mortgage-backed securities - U.S. government agency (184 ) 16,437 (370 ) 13,303 (554 ) 29,740 Total securities available for sale (184 ) 16,437 (1,513 ) 31,147 (1,697 ) 47,584 Securities Held to Maturity: U.S. government and agency obligations (73 ) 6,408 (3,197 ) 49,243 (3,270 ) 55,651 Mortgage-backed securities - U.S. government agency - - (110 ) 4,542 (110 ) 4,542 Total securities held to maturity (73 ) 6,408 (3,307 ) 53,785 (3,380 ) 60,193 Total $ (257 ) $ 22,845 $ (4,820 ) $ 84,931 $ (5,077 ) $ 107,776
Schedule of roll forward of the amounts recognized in earnings related to credit losses on securities	Three Months Ended June 30, 2014 (Dollars in Thousands) Credit component of OTTI as of April 1, 2014 $ 1,614 Additions for credit-related OTTI charges on previously unimpaired securities - Additional increase as a result of impairment charges recognized on investments for which an OTTI charge was previously recognized 1 Credit component of OTTI as of June 30, 2014 $ 1,615 Nine Months Ended (Dollars in Thousands) Credit component of OTTI as of October 1, 2013 $ 1,599 Additions for credit-related OTTI charges on previously unimpaired securities - Additional increase as a result of impairment charges recognized on investments for which an OTTI charge was previously recognized 16 Credit component of OTTI as of June 30, 2014 $ 1,615
Schedule of amortized cost and fair value of debt securities by contractual maturity	June 30, 2015 Held to Maturity Available for Sale Amortized Cost Fair Value Amortized Cost Fair Value (Dollars in Thousands) Due within one year $ - $ - $ - $ - Due after one through five years 2,983 3,262 - - Due after five through ten years 7,500 7,315 1,999 1,947 Due after ten years 47,443 45,831 16,989 16,370 Total $ 57,926 $ 56,408 $ 18,988 $ 18,317

LOANS RECEIVABLE (Tables)

LOANS RECEIVABLE (Tables)	9 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of summary of loans receivable	June 30, 2015 September 30, 2014 (Dollars in Thousands) One-to-four family residential $ 266,583 $ 282,637 Multi-family residential 6,304 7,174 Commercial real estate 25,419 16,113 Construction and land development 40,580 22,397 Commercial business - 1,976 Consumer 378 399 Total loans 339,264 330,696 Undisbursed portion of loans-in-process (21,295 ) (9,657 ) Deferred loan costs 2,191 2,449 Allowance for loan losses (2,673 ) (2,425 ) Net loans $ 317,487 $ 321,063
Schedule of loans individually and collectively evaluated for impairment by loan segment	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, 2015: One- to-four family residential Multi-family residential Commercial real estate Construction and land development Commercial business Consumer Unallocated Total (Dollars in Thousands) Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,639 60 215 507 - 4 248 2,673 Total ending allowance balance $ 1,639 $ 60 $ 215 $ 507 $ - $ 4 $ 248 $ 2,673 Loans: Individually evaluated for impairment $ 8,924 $ 355 $ 3,912 $ 8,029 $ - $ - $ 21,220 Collectively evaluated for impairment 257,659 5,949 21,507 32,551 - 378 318,044 Total loans $ 266,583 $ 6,304 $ 25,419 $ 40,580 $ - $ 378 $ 339,264 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, 2014: One- to-four family residential Multi-family residential Commercial real estate Construction and land development Commercial business Consumer Unallocated Total (Dollars in Thousands) Allowance for Loan Losses: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment 1,663 67 122 323 15 4 231 2,425 Total loans $ 1,663 $ 67 $ 122 $ 323 $ 15 $ 4 $ 231 $ 2,425 Loans: Individually evaluated for impairment $ 10,436 $ 368 $ 3,777 $ 7,399 $ - $ - $ - $ 21,980 Collectively evaluated for impairment 272,201 6,806 12,336 14,998 1,976 399 - 308,716 Total loans $ 282,637 $ 7,174 $ 16,113 $ 22,397 $ 1,976 $ 399 $ - $ 330,696
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	The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of June 30, 2015: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in Thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance One-to-four family residential $ - $ - $ 8,924 $ 8,924 $ 9,315 Multi-family residential - - 355 355 355 Commercial real estate - - 3,912 3,912 3,912 Construction and land development - - 8,029 8,029 8,029 Total Loans $ - $ - $ 21,220 $ 21,220 $ 21,611 The following table presents impaired loans by class, segregated by those for which a specific allowance was required and those for which a specific allowance was not required as of September 30, 2014: Impaired Loans with Specific Allowance Impaired Loans with No Specific Allowance Total Impaired Loans (Dollars in Thousands) Recorded Investment Related Allowance Recorded Investment Recorded Investment Unpaid Principal Balance One-to-four family residential $ - $ - $ 10,436 $ 10,436 $ 11,135 Multi-family residential - - 368 368 368 Commercial real estate - - 3,777 3,777 3,777 Construction and land development - - 7,399 7,399 7,399 Total Loans $ - $ - $ 21,980 $ 21,980 $ 22,679
Schedule of average investment in impaired loans and related interest income recognized	Three Months Ended June 30, 2015 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 9,222 $ 115 $ 42 Multi-family residential 357 6 - Commercial real estate 3,832 54 24 Construction and land development 7,977 109 65 Total Loans $ 21,388 $ 284 $ 131 Nine Months Ended June 30, 2015 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 9,865 $ 378 $ 119 Multi-family residential 361 19 - Commercial real estate 3,801 157 58 Construction and land development 7,728 318 129 Total Loans $ 21,755 $ 872 $ 306 Three Months Ended June 30, 2014 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 10,030 $ 78 $ 85 Multi-family residential 188 7 - Commercial real estate 1,468 8 7 Construction and land development 4,052 34 - Total Loans $ 15,738 $ 127 $ 92 Nine Months Ended June 30, 2014 Average Recorded Investment Income Recognized on Accrual Basis Income Recognized on Cash Basis (Dollars in Thousands) One-to-four family residential $ 10,342 $ 242 $ 136 Multi-family residential 285 20 7 Commercial real estate 1,926 18 14 Construction and land development 2,628 70 - Total Loans $ 15,181 $ 350 $ 157
Schedule of classes of the loan portfolio in which a formal risk weighting system is utilized	June 30, 2015 Pass Special Mention Substandard Total Loans (Dollars in Thousands) One-to-four family residential $ 3,442 $ 1,432 $ 4,050 $ 8,924 Multi-family residential 5,949 - 355 6,304 Commercial real estate 22,572 - 2,847 25,419 Construction and land development 32,551 - 8,029 40,580 Total Loans $ 64,514 $ 1,432 $ 15,281 $ 81,227 September 30, 2014 Pass Special Substandard Total (Dollars in Thousands) One-to-four family residential $ - $ 1,509 $ 10,436 $ 11,945 Multi-family residential 6,806 - 368 7,174 Commercial real estate 11,347 989 3,777 16,113 Construction and land development 14,998 - 7,399 22,397 Commercial business 1,976 - - 1,976 Consumer - 119 - 119 Total Loans $ 35,127 $ 2,617 $ 21,980 $ 59,724
Schedule of loans in which a formal risk rating system is not utilized, but loans are segregated between performing and non-performing	June 30, 2015 Performing Non- Total (Dollars in Thousands) One-to-four family residential $ 257,659 $ - $ 257,659 Consumer 378 - 378 Total Loans $ 258,037 $ - $ 258,037 September 30, 2014 Non- Total (Dollars in Thousands) One-to-four family residential $ 270,692 $ - $ 270,692 Consumer 280 - 280 Total Loans $ 270,972 $ - $ 270,972
Schedule of loan categories of the loan portfolio summarized by the aging categories of performing and delinquent loans and nonaccrual loans	June 30, 2015 Current 30-89 Days 90 Days + 90 Days+ Total Total Loans Non- (Dollars in Thousands) One-to-four family residential $ 262,629 $ 529 $ 3,425 $ - $ 529 $ 266,583 $ 4,949 Multi-family residential 6,304 - - - - 6,304 - Commercial real estate 25,237 - 182 - - 25,419 2,462 Construction and land development 40,580 - - - - 40,580 8,029 Consumer 378 - - - - 378 - Total Loans $ 335,128 $ 529 $ 3,607 $ - $ 529 $ 339,264 $ 15,440 September 30, 2014 Current 30-89 Days 90 Days + 90 Days+ Total Total Loans Non- (Dollars in Thousands) One-to-four family residential $ 278,716 $ 475 $ 3,446 $ - $ 475 $ 282,637 $ 5,002 Multi-family residential 7,174 - - - - 7,174 - Commercial real estate 16,113 - - - - 16,113 877 Construction and land development 22,397 - - - - 22,397 - Commercial business 1,976 - - - - 1,976 - Consumer 399 - - - - 399 - Total Loans $ 326,775 $ 475 $ 3,446 $ - $ 475 $ 330,696 $ 5,879
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, 2015 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2015 $ 1,545 $ 51 $ 207 $ 545 $ - $ 4 $ 236 $ 2,588 Charge-offs (126 ) - - - - - - (126 ) Recoveries 1 - - - - - - 1 Provision 219 9 8 (38 ) - - 12 210 ALLL balance at June 30, 2015 $ 1,639 $ 60 $ 215 $ 507 $ - $ 4 $ 248 $ 2,673 Nine Months Ended June 30, 2015 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2014 $ 1,663 $ 67 $ 122 $ 323 $ 15 $ 4 $ 231 $ 2,425 Charge-offs (338 ) - - - - - - (338 ) Recoveries 1 - - - - - - 1 Provision 313 (7 ) 93 184 (15 ) - 17 585 ALLL balance at June 30, 2015 $ 1,639 $ 60 $ 215 $ 507 $ - $ 4 $ 248 $ 2,673 Three Months Ended June 30, 2014 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at March 31, 2014 $ 1,425 $ 64 $ 141 $ 523 $ 4 $ 3 $ 230 $ 2,390 Charge-offs (205 ) - - - - - - (205 ) Recoveries - - - - - - - - Provision 86 38 90 (234 ) - 2 18 - ALLL balance at June 30, 2014 $ 1,286 $ 58 $ 125 $ 512 $ 3 $ 1 $ 200 $ 2,185 Nine Months Ended June 30, 2014 One- to Multi- Commercial Construction Commercial Consumer Unallocated Total (Dollars in Thousands) ALLL balance at September 30, 2013 $ 1,384 $ 22 $ 70 $ 653 $ 4 $ 2 $ 218 $ 2,353 Charge-offs (215 ) - - - - - - (215 ) Recoveries 47 - - - - - - 47 Provision 70 36 55 (141 ) (1 ) (1 ) (18 ) - ALLL balance at June 30, 2014 $ 1,286 $ 58 $ 125 $ 512 $ 3 $ 1 $ 200 $ 2,185
Schedule of troubled debt restructurings	Nine Months Ended June 30, 2015 (Dollars in Thousands) Number of Pre-Modification Post- Commercial real estate 1 $ 750 $ 750 Construction and land development 1 3,665 3,665 2 $ 4,415 $ 4,415 Three Months Ended June 30, 2014 (Dollars in Thousands) Number of Pre-Modification Post- One-to-four family 1 $ 453 $ 800 1 $ 453 $ 800 Nine Months Ended June 30, 2014 (Dollars in Thousands) Number of Pre-Modification Post- One-to-four family 1 $ 1,468 $ 1,468 Commercial 1 453 800 2 $ 1,921 $ 2,268

DEPOSITS (Tables)

DEPOSITS (Tables)	9 Months Ended
	Jun. 30, 2015
Deposits [Abstract]
Schedule of major classifications of deposits	June 30, 2015 September 30, 2014 Amount Percent Amount Percent (Dollars in Thousands) Money market deposit accounts $ 62,299 16.6 % $ 64,665 16.5 % Interest-bearing checking accounts 35,958 9.6 38,119 9.8 Non interest-bearing checking accounts 2,177 0.6 2,327 0.6 Passbook, club and statement savings 72,214 19.2 73,275 18.8 Certificates maturing in six months or less 56,252 15.0 48,359 12.4 Certificates maturing in more than six months 147,203 39.0 164,280 41.9 Total $ 376,103 100.0 % $ 391,025 100.0 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of deferred income taxes	June 2015 September 30, 2014 Deferred tax assets: (Dollars in Thousands) Allowance for loan losses $ 1,124 $ 1,123 Nonaccrual interest 94 125 Accrued vacation 118 108 Capital loss carryforward 548 1,211 Split dollar life insurance 20 20 Post-retirement benefits 132 137 Unrealized loss on available for sale securities 337 491 Employee benefit plans 477 382 Total deferred tax assets 2,850 3,597 Valuation allowance (548 ) (1,211 ) Total deferred tax assets, net of valuation allowance 2,302 2,386 Deferred tax liabilities: Property 387 422 Deferred loan fees 746 833 Total deferred tax liabilities 1,133 1,255 Net deferred tax asset $ 1,169 $ 1,131

STOCK COMPENSATION PLANS (Table

STOCK COMPENSATION PLANS (Tables)	9 Months Ended
	Jun. 30, 2015
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, 2014 38,055 $ 8.07 Issued 235,500 12.23 Forfeited - - Vested (10,314 ) 8.22 Nonvested stock awards at the June 30, 2015 263,241 $ 11.79 Nine Months Ended Number of Weighted Average Nonvested stock awards at October 1, 2013 79,477 $ 9.56 Issued - - Forfeited - - Vested (41,422 ) 10.93 Nonvested stock awards at the June 30, 2014 38,055 $ 8.11
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, 2014 530,084 $ 10.86 Granted 608,737 12.23 Exercised - - Forfeited - - Outstanding at June 30, 2015 1,138,821 $ 11.59 Exercisable at June 30, 2015 445,147 $ 11.37 Nine Months Ended Number of Weighted Average Outstanding at October 1, 2013 516,739 $ 10.86 Granted 13,545 10.68 Exercised - - Forfeited - - Outstanding at June 30, 2014 530,284 $ 10.86 Exercisable at June 30, 2014 415,733 $ 11.57

FAIR VALUE MEASUREMENT (Tables)

FAIR VALUE MEASUREMENT (Tables)	9 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of assets measured at fair value on recurring basis	Those assets as of June 30, 2015 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 $ - $ 18,317 $ - $ 18,317 Mortgage-backed securities - U.S. Government agencies - 58,616 - 58,616 FHLMC preferred stock 59 - - 59 Total $ 59 $ 76,933 $ - $ 76,992 Those assets as of September 30, 2014 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 $ - $ 17,844 $ - $ 17,844 Mortgage-backed securities - U.S. Government agencies - 39,903 - 39,903 FHLMC preferred stock 70 - - 70 Total $ 70 $ 57,747 $ - $ 57,817
Schedule of summary of non-recurring fair value measurements	Summary of Non-Recurring Fair Value Measurements At June 30, 2015 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 21,220 $ 21,220 Total $ - $ - $ 21,220 $ 21,220 At September 30, 2014 (Dollars in Thousands) Level 1 Level 2 Level 3 Total Impaired loans $ - $ - $ 21,980 $ 21,980 Total $ - $ - $ 21,980 $ 21,980
Schedule of nonrecurring fair value measurements categorized within level 3 of the fair value hierarchy	At June 30, 2015 (Dollars in Thousands) Fair Value Valuation Unobservable Input Range/ Impaired loans $ 21,220 Property appraisals(1) (3) Management discount for selling costs, property type and market volatility (2) 10% discount At September 30, 2014 (Dollars in Thousands) Fair Value Valuation Unobservable Input Range / Impaired loans $ 21,980 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, 2015 Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 20,305 $ 20,305 $ 20,305 $ - $ - Investment and mortgage-backed securities available for sale 76,992 76,992 59 76,933 - Investment and mortgage-backed securities held to maturity 70,003 69,450 - 69,450 - Loans receivable, net 317,487 315,966 - - 315,966 Accrued interest receivable 1,716 1,716 1,716 - - Federal Home Loan Bank stock 369 369 369 - - Bank owned life insurance 12,638 12,638 12,638 - - Liabilities: Checking accounts 38,135 38,135 38,135 - - Money market deposit accounts 62,299 62,299 62,299 - - Passbook, club and statement savings accounts 72,214 72,214 72,214 - - Certificates of deposit 203,455 207,241 - - 207,241 Accrued interest payable 939 939 939 - - Advances from borrowers for taxes and insurance 2,802 2,802 2,802 - - Fair Value Measurements at Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) (Dollars in Thousands) Assets: Cash and cash equivalents $ 45,382 $ 45,382 $ 45,382 $ - $ - Investment and mortgage-backed securities available for sale 57,817 57,817 70 57,747 - Investment and mortgage-backed securities held to maturity 80,840 79,092 - 79,092 - Loans receivable, net 321,063 321,247 - - 321,247 Accrued interest receivable 1,748 1,748 1,748 - - Federal Home Loan Bank stock 1,221 1,221 1,221 - - Bank owned life insurance 12,377 12,377 12,377 - - Liabilities: Checking accounts 40,446 40,446 40,446 - - Money market deposit accounts 64,665 64,665 64,665 - - Passbook, club and statement savings accounts 73,275 73,275 73,275 - - Certificates of deposit 212,639 217,273 - 217,273 - Advances from Federal Home Loan Bank 340 340 340 - - Accrued interest payable 1,486 1,486 1,486 - - Advances from borrowers for taxes and insurance 1,240 1,240 1,240 - -

SIGNIFICANT ACCOUNTING POLICI28

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) $ / shares in Units, $ in Thousands	Oct. 09, 2013USD ($)$ / sharesshares	Jun. 30, 2015USD ($)Branch$ / sharesshares
Significant Accounting Policies [Line Items]
Common stock, par value | $ / shares		$ 0.01
Purchase of treasury stock, shares		694,871
Purchase of treasury stock | $		$ 8,853
Philadelphia
Significant Accounting Policies [Line Items]
Number of full service branch offices | Branch		5
Pennsylvania
Significant Accounting Policies [Line Items]
Number of full service branch offices | Branch		1
Second Step Conversion
Significant Accounting Policies [Line Items]
Number of new shares sold	7,141,602
Common stock, par value | $ / shares	$ 0.01
Per share of new shares sold | $ / shares	$ 10
Value of new shares sold | $	$ 71,400
Additional outstanding shares of common stock	2,403,207
Number of shares for which the common stock exchanged	0.9442
Treasury stock cancelled	2,540,255

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, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings per share - basic
Net income	$ 47	$ 521	$ 2,219	$ 1,394
Weighted average shares outstanding - basic	8,195,086	8,971,874	8,539,207	9,088,086
Effect of common stock equivalents - basic
Adjusted weighted average shares used in earnings per share computation - basic	8,195,086	8,971,874	8,539,207	9,088,086
Earnings per share - basic (in dollars per share)	$ 0.01	$ 0.06	$ 0.26	$ 0.15
Earnings per share - diluted
Net income	$ 47	$ 521	$ 2,219	$ 1,394
Weighted average shares outstanding - diluted	8,195,086	8,971,874	8,539,207	9,088,086
Effect of common stock equivalents - diluted	165,431	216,541	158,303	211,429
Adjusted weighted average shares used in earnings per share computation - diluted	8,360,517	9,188,415	8,697,510	9,299,515
Earnings per share - diluted (in dollars per share)	$ 0.01	$ 0.06	$ 0.26	$ 0.15

EARNINGS PER SHARE (Detail Text

EARNINGS PER SHARE (Detail Textuals) - Stock Options - $ / shares	6 Months Ended	9 Months Ended
	Jun. 30, 2014	Jun. 30, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	383,015	684,403
Exercise price for the stock options (in dollars per share)	$ 11.83	$ 12.23

ACCUMULATED OTHER COMPREHENSI31

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, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance				$ (953)
Total other comprehensive income		$ (756)	$ 616	298	$ 643
Ending Balance		(655)		(655)
Unrealized gains (losses) on available for sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	[1]	101	(1,265)	(953)	(1,292)
Other comprehensive income before reclassification	[1]	$ (756)	615	$ 298	813
Amount reclassified from accumulated other comprehensive loss	[1]		1		(170)
Total other comprehensive income	[1]	$ (756)	616	$ 298	643
Ending Balance	[1]	$ (655)	$ (649)	$ (655)	$ (649)
[1]	All amounts are net of tax. Amounts in parentheses indicate debits.

ACCUMULATED OTHER COMPREHENSI32

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, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Unrealized gains on available for sale securities
Gain on sale of securities available for sale		$ (1,145)	$ 932	$ 452	$ 1,232
Income taxes		$ 389	$ (317)	$ (154)	(419)
Unrealized gains on available for sale securities | Amount Reclassified from Accumulated Other Comprehensive Loss
Unrealized gains on available for sale securities
Gain on sale of securities available for sale	[1]				274
Income taxes	[1]				(93)
Net impairment losses recognized in earnings	[1]		$ (1)		(16)
Income taxes	[1]				5
Net of tax	[1]		$ (1)		$ 170
[1]	Amounts in parentheses indicate debits to net income.

INVESTMENT AND MORTGAGE-BACKE33

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, 2015	Sep. 30, 2014
Securities Available for Sale:
Amortized Cost	$ 77,984	$ 59,262
Gross Unrealized Gains	326	252
Gross Unrealized Losses	(1,318)	(1,697)
Fair Value	76,992	57,817
Securities Held to Maturity:
Amortized Cost	70,003	80,840
Gross Unrealized Gains	1,420	1,632
Gross Unrealized Losses	(1,973)	(3,380)
Fair Value	69,450	79,092
Debt securities available for sale
Securities Available for Sale:
Amortized Cost	77,978	59,256
Gross Unrealized Gains	273	188
Gross Unrealized Losses	(1,318)	(1,697)
Fair Value	76,933	57,747
U.S. government and agency obligations
Securities Available for Sale:
Amortized Cost	$ 18,988	$ 18,987
Gross Unrealized Gains
Gross Unrealized Losses	$ (671)	$ (1,143)
Fair Value	18,317	17,844
Securities Held to Maturity:
Amortized Cost	57,926	66,919
Gross Unrealized Gains	438	502
Gross Unrealized Losses	(1,956)	(3,270)
Fair Value	56,408	64,151
Mortgage-backed securities - US government agencies
Securities Available for Sale:
Amortized Cost	58,990	40,269
Gross Unrealized Gains	273	188
Gross Unrealized Losses	(647)	(554)
Fair Value	58,616	39,903
Securities Held to Maturity:
Amortized Cost	12,077	13,921
Gross Unrealized Gains	982	1,130
Gross Unrealized Losses	(17)	(110)
Fair Value	13,042	14,941
FHLMC preferred stock
Securities Available for Sale:
Amortized Cost	6	6
Gross Unrealized Gains	$ 53	$ 64
Gross Unrealized Losses
Fair Value	$ 59	$ 70

INVESTMENT AND MORTGAGE-BACKE34

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, 2015	Sep. 30, 2014
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	$ (662)	$ (184)
Less than 12 months - Fair value	33,511	16,437
More than 12 months - Gross Unrealized Losses	(656)	(1,513)
More than 12 months - Fair value	23,010	31,146
Gross Unrealized Losses - Total	(1,318)	(1,697)
Fair Value - Total	56,521	47,583
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses	(70)	(73)
Less than 12 months - Fair value	8,422	6,408
More than 12 months - Gross Unrealized Losses	(1,903)	(3,307)
More than 12 months - Fair value	43,958	53,785
Gross Unrealized Losses -Total	(1,973)	(3,380)
Fair Value - Total	52,380	60,193
Less than 12 months - Gross Unrealized Losses	(732)	(257)
Less than 12 months - Fair Value	41,933	22,845
More than 12 months - Gross Unrealized Losses	(2,559)	(4,820)
More than 12 months - Fair Value	66,968	84,931
Gross Unrealized Losses - Total	(3,291)	(5,077)
Fair Value - Total	108,901	$ 107,776
U.S. government and agency obligations
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	(170)
Less than 12 months - Fair value	4,827
More than 12 months - Gross Unrealized Losses	(501)	$ (1,143)
More than 12 months - Fair value	13,490	17,844
Gross Unrealized Losses - Total	(671)	(1,143)
Fair Value - Total	18,317	17,844
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses	(70)	(73)
Less than 12 months - Fair value	8,422	6,408
More than 12 months - Gross Unrealized Losses	(1,886)	(3,197)
More than 12 months - Fair value	41,565	49,243
Gross Unrealized Losses -Total	(1,956)	(3,270)
Fair Value - Total	49,987	55,651
Mortgage-backed securities - US government agencies
Securities Available for Sale:
Less than 12 months - Gross Unrealized Losses	(492)	(184)
Less than 12 months - Fair value	28,684	16,437
More than 12 months - Gross Unrealized Losses	(155)	(370)
More than 12 months - Fair value	9,520	13,303
Gross Unrealized Losses - Total	(647)	(554)
Fair Value - Total	$ 38,204	$ 29,740
Securities Held to Maturity:
Less than 12 months - Gross Unrealized Losses
Less than 12 months - Fair value
More than 12 months - Gross Unrealized Losses	$ (17)	$ (110)
More than 12 months - Fair value	2,393	4,542
Gross Unrealized Losses -Total	(17)	(110)
Fair Value - Total	$ 2,393	$ 4,542

INVESTMENT AND MORTGAGE-BACKE35

INVESTMENT AND MORTGAGE-BACKED SECURITIES - Rollforward of amounts recognized in earnings related to credit losses on securities (Details 2) - Jun. 30, 2014 - USD ($) $ in Thousands	Total	Total
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Credit component of OTTI, Beginning Balance	$ 1,614	$ 1,599
Additions for credit-related OTTI charges on previously unimpaired securities
Additional increase as a result of impairment charges recognized on investments for which an OTTI charge was previously recognized	$ 1	$ 16
Credit component of OTTI, Ending Balance	$ 1,615	$ 1,615

INVESTMENT AND MORTGAGE-BACKE36

INVESTMENT AND MORTGAGE-BACKED SECURITIES - Amortized cost and fair value of debt securities, by contractual maturity (Details 3) $ in Thousands	Jun. 30, 2015USD ($)
Held to Maturity, Amortized Cost
Due within one year
Due after one through five years	$ 2,983
Due after five through ten years	7,500
Due after ten years	47,443
Total	$ 57,926
Held to Maturity, Fair Value
Due within one year
Due after one through five years	$ 3,262
Due after five through ten years	7,315
Due after ten years	45,831
Total	$ 56,408
Available for Sale, Amortized Cost
Due within one year
Due after one through five years
Due after five through ten years	$ 1,999
Due after ten years	16,989
Total	$ 18,988
Available for Sale, Fair Value
Due within one year
Due after one through five years
Due after five through ten years	$ 1,947
Due after ten years	16,370
Total	$ 18,317

INVESTMENT AND MORTGAGE-BACKE37

INVESTMENT AND MORTGAGE-BACKED SECURITIES (Detail Textuals) $ in Thousands	9 Months Ended
	Jun. 30, 2014USD ($)Security	Jun. 30, 2015USD ($)Security	Sep. 30, 2014USD ($)
Marketable Securities [Line Items]
Amortized cost | $		$ 77,984	$ 59,262
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		5
Number of investment securities in debt obligations in the category of loss position more than 12 months held by company		21
Amortized cost | $		$ 18,988	18,987
U.S. Agency Issued Mortgage-Backed Securities
Marketable Securities [Line Items]
Number of investment securities in debt obligations in the category of loss position less than 12 months held by company		21
Number of investment securities in debt obligations in the category of loss position more than 12 months held by company		7
Amortized cost | $		$ 58,990	$ 40,269
Mortgage-backed securities
Marketable Securities [Line Items]
Number of sold mortgage backed securities	5
Amortized cost | $	$ 1,000
Recorded gross gain | $	$ 274,000

LOANS RECEIVABLE - Summary of L

LOANS RECEIVABLE - Summary of Loans receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses	$ (2,673)		$ (2,425)
Net loans	317,487		321,063
Loans Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
One-to-four family residential	266,583		282,637
Multi-family residential	6,304		7,174
Commercial real estate	25,419		16,113
Construction and land development	$ 40,580		22,397
Commercial business			1,976
Consumer	$ 378		399
Total loans	339,264		330,696
Undisbursed portion of loans-in-process	(21,295)		(9,657)
Deferred loan costs	2,191		2,449
Allowance for loan losses	(2,673)	$ (2,588)	(2,425)	$ (2,185)	$ (2,390)	$ (2,353)
Net loans	$ 317,487		$ 321,063

LOANS RECEIVABLE - Summary of39

LOANS RECEIVABLE - Summary of loans individually evaluated for impairment by loan segment (Details 1) - USD ($) $ in Thousands	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013
Allowance for Loan Losses:
Total ending allowance balance	$ 2,673		$ 2,425
Loans Receivable
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 2,673		$ 2,425
Total ending allowance balance	2,673	$ 2,588	2,425	$ 2,185	$ 2,390	$ 2,353
Loans
Individually evaluated for impairment	21,220		21,980
Collectively evaluated for impairment	318,044		308,716
Total loans	$ 339,264		$ 330,696
Loans Receivable | One-to-four family residential
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 1,639		$ 1,663
Total ending allowance balance	1,639	1,545	1,663	1,286	1,425	1,384
Loans
Individually evaluated for impairment	8,924		10,436
Collectively evaluated for impairment	257,659		272,201
Total loans	$ 266,583		$ 282,637
Loans Receivable | Multi-family residential
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 60		$ 67
Total ending allowance balance	60	51	67	58	64	22
Loans
Individually evaluated for impairment	355		368
Collectively evaluated for impairment	5,949		6,806
Total loans	$ 6,304		$ 7,174
Loans Receivable | Commercial real estate
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 215		$ 122
Total ending allowance balance	215	207	122	125	141	70
Loans
Individually evaluated for impairment	3,912		3,777
Collectively evaluated for impairment	21,507		12,336
Total loans	$ 25,419		$ 16,113
Loans Receivable | Construction and land development
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 507		$ 323
Total ending allowance balance	507	$ 545	323	512	523	653
Loans
Individually evaluated for impairment	8,029		7,399
Collectively evaluated for impairment	32,551		14,998
Total loans	$ 40,580		$ 22,397
Loans Receivable | Commercial business
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment			$ 15
Total ending allowance balance			$ 15	3	4	4
Loans
Individually evaluated for impairment
Collectively evaluated for impairment			$ 1,976
Total loans			$ 1,976
Loans Receivable | Consumer
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 4		$ 4
Total ending allowance balance	$ 4	$ 4	$ 4	1	3	2
Loans
Individually evaluated for impairment
Collectively evaluated for impairment	$ 378		$ 399
Total loans	$ 378		$ 399
Loans Receivable | Unallocated
Allowance for Loan Losses:
Individually evaluated for impairment
Collectively evaluated for impairment	$ 248		$ 231
Total ending allowance balance	$ 248	$ 236	$ 231	$ 200	$ 230	$ 218
Loans
Individually evaluated for impairment
Collectively evaluated for impairment
Total loans

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 necessary (Details 2) - Loans Receivable - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
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	$ 21,220	$ 21,980
Total Impaired Loans - Recorded Investment	21,220	21,980
Total impaired loans - Unpaid Principal Balance	$ 21,611	$ 22,679
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	$ 8,924	$ 10,436
Total Impaired Loans - Recorded Investment	8,924	10,436
Total impaired loans - Unpaid Principal Balance	$ 9,315	$ 11,135
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	$ 355	$ 368
Total Impaired Loans - Recorded Investment	355	368
Total impaired loans - Unpaid Principal Balance	$ 355	$ 368
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	$ 3,912	$ 3,777
Total Impaired Loans - Recorded Investment	3,912	3,777
Total impaired loans - Unpaid Principal Balance	$ 3,912	$ 3,777
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	$ 8,029	$ 7,399
Total Impaired Loans - Recorded Investment	8,029	7,399
Total impaired loans - Unpaid Principal Balance	$ 8,029	$ 7,399

LOANS RECEIVABLE - Average reco

LOANS RECEIVABLE - Average recorded investment in impaired loans and related interest income recognized (Details 3) - Loans Receivable - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	$ 21,388	$ 15,738	$ 21,755	$ 15,181
Income Recognized on Accrual Basis	284	127	872	350
Income Recognized on Cash Basis	131	92	306	157
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	9,222	10,030	9,865	10,342
Income Recognized on Accrual Basis	115	78	378	242
Income Recognized on Cash Basis	42	85	119	136
Multi-family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	357	188	361	285
Income Recognized on Accrual Basis	$ 6	$ 7	$ 19	20
Income Recognized on Cash Basis				7
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	$ 3,832	$ 1,468	$ 3,801	1,926
Income Recognized on Accrual Basis	54	8	157	18
Income Recognized on Cash Basis	24	7	58	14
Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment	7,977	4,052	7,728	2,628
Income Recognized on Accrual Basis	109	$ 34	318	$ 70
Income Recognized on Cash Basis	$ 65		$ 129

LOANS RECEIVABLE - Summary of c

LOANS RECEIVABLE - Summary of classes of loan portfolio in which formal risk weighting system is used (Details 4) - Loans Receivable - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 339,264	$ 330,696
One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	266,583	282,637
Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,304	7,174
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	25,419	16,113
Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 40,580	22,397
Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total loans		1,976
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 378	399
Risk Rating System
Financing Receivable, Recorded Investment [Line Items]
Total loans	81,227	59,724
Risk Rating System | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,924	11,945
Risk Rating System | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,304	7,174
Risk Rating System | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	25,419	16,113
Risk Rating System | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total loans	40,580	22,397
Risk Rating System | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total loans		1,976
Risk Rating System | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans		119
Risk Rating System | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	64,514	$ 35,127
Risk Rating System | Pass | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,442
Risk Rating System | Pass | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,949	$ 6,806
Risk Rating System | Pass | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	22,572	11,347
Risk Rating System | Pass | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total loans	32,551	14,998
Risk Rating System | Pass | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total loans		$ 1,976
Risk Rating System | Pass | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans
Risk Rating System | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,432	$ 2,617
Risk Rating System | Special Mention | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,432	$ 1,509
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		$ 989
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 | Special Mention | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans		$ 119
Risk Rating System | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 15,281	21,980
Risk Rating System | Substandard | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,050	10,436
Risk Rating System | Substandard | Multi-family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	355	368
Risk Rating System | Substandard | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,847	3,777
Risk Rating System | Substandard | Construction and land development
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 8,029	$ 7,399
Risk Rating System | Substandard | Commercial business
Financing Receivable, Recorded Investment [Line Items]
Total loans
Risk Rating System | Substandard | Consumer
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) - Loans Receivable - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 339,264	$ 330,696
One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	266,583	282,637
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans	378	399
Non Risk Rating System
Financing Receivable, Recorded Investment [Line Items]
Total loans	258,037	270,972
Non Risk Rating System | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	257,659	270,692
Non Risk Rating System | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans	378	280
Non Risk Rating System | Performing
Financing Receivable, Recorded Investment [Line Items]
Total loans	258,037	270,972
Non Risk Rating System | Performing | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	257,659	270,692
Non Risk Rating System | Performing | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 378	$ 280
Non Risk Rating System | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Total loans
Non Risk Rating System | Nonperforming | One-to-four family residential
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) - Loans Receivable - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 335,128	$ 326,775
90 Days+ Past Due and Accruing
Total Past Due and Accruing	$ 529	$ 475
Total Loans	339,264	330,696
Non- Accrual	15,440	5,879
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	529	475
90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	3,607	3,446
One-to-four family residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 262,629	$ 278,716
90 Days+ Past Due and Accruing
Total Past Due and Accruing	$ 529	$ 475
Total Loans	266,583	282,637
Non- Accrual	4,949	5,002
One-to-four family residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	529	475
One-to-four family residential | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	3,425	3,446
Multi-family residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 6,304	$ 7,174
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	$ 6,304	$ 7,174
Non- Accrual
Multi-family residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Multi-family residential | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 25,237	$ 16,113
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	$ 25,419	$ 16,113
Non- Accrual	$ 2,462	$ 877
Commercial real estate | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Commercial real estate | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans	$ 182
Construction and land development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 40,580	$ 22,397
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	$ 40,580	$ 22,397
Non- Accrual	$ 8,029
Construction and land development | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Construction and land development | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Commercial business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current		$ 1,976
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans		$ 1,976
Non- Accrual
Commercial business | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Commercial business | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 378	$ 399
90 Days+ Past Due and Accruing
Total Past Due and Accruing
Total Loans	$ 378	$ 399
Non- Accrual
Consumer | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans
Consumer | 90 Days + Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans

LOANS RECEIVABLE - Activity in

LOANS RECEIVABLE - Activity in allowance (Details 7) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance			$ 2,425
Provision	$ 210		585
ALLL balance	2,673		2,673
Loans Receivable
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	2,588	$ 2,390	2,425	$ 2,353
Charge-offs	(126)	$ (205)	(338)	(215)
Recoveries	1		1	$ 47
Provision	210		585
ALLL balance	2,673	$ 2,185	2,673	$ 2,185
Loans Receivable | One- to four-family residential
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	1,545	1,425	1,663	1,384
Charge-offs	(126)	$ (205)	(338)	(215)
Recoveries	1		1	47
Provision	219	$ 86	313	70
ALLL balance	1,639	1,286	1,639	1,286
Loans Receivable | Multi-family residential
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	$ 51	$ 64	$ 67	$ 22
Charge-offs
Recoveries
Provision	$ 9	$ 38	$ (7)	$ 36
ALLL balance	60	58	60	58
Loans Receivable | Commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	$ 207	$ 141	$ 122	$ 70
Charge-offs
Recoveries
Provision	$ 8	$ 90	$ 93	$ 55
ALLL balance	215	125	215	125
Loans Receivable | Construction and land development
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	$ 545	$ 523	$ 323	$ 653
Charge-offs
Recoveries
Provision	$ (38)	$ (234)	$ 184	$ (141)
ALLL balance	$ 507	512	507	512
Loans Receivable | Commercial business
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance		$ 4	$ 15	$ 4
Charge-offs
Recoveries
Provision			$ (15)	$ (1)
ALLL balance		$ 3		3
Loans Receivable | Consumer
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	$ 4	$ 3	$ 4	$ 2
Charge-offs
Recoveries
Provision		$ 2		$ (1)
ALLL balance	$ 4	1	$ 4	1
Loans Receivable | Unallocated
Allowance for Loan and Lease Losses [Roll Forward]
ALLL balance	$ 236	$ 230	$ 231	$ 218
Charge-offs
Recoveries
Provision	$ 12	$ 18	$ 17	$ (18)
ALLL balance	$ 248	$ 200	$ 248	$ 200

LOANS RECEIVABLE - Troubled deb

LOANS RECEIVABLE - Troubled debt restructurings (Details 8) - Loans Receivable $ in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2014USD ($)Contract	Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract
Financing Receivable, Allowance For Credit Losses [Line Items]
Number of Loans | Contract	1	2	2
Pre- Modification Outstanding Recorded Investment	$ 453	$ 4,415	$ 1,921
Post-Modification Outstanding Recorded Investment	$ 800	$ 4,415	$ 2,268
One-to-four family
Financing Receivable, Allowance For Credit Losses [Line Items]
Number of Loans | Contract	1		1
Pre- Modification Outstanding Recorded Investment	$ 453		$ 1,468
Post-Modification Outstanding Recorded Investment	$ 800		$ 1,468
Commercial real estate
Financing Receivable, Allowance For Credit Losses [Line Items]
Number of Loans | Contract		1	1
Pre- Modification Outstanding Recorded Investment		$ 750	$ 453
Post-Modification Outstanding Recorded Investment		$ 750	$ 800
Construction and land development
Financing Receivable, Allowance For Credit Losses [Line Items]
Number of Loans | Contract		1
Pre- Modification Outstanding Recorded Investment		$ 3,665
Post-Modification Outstanding Recorded Investment		$ 3,665

LOANS RECEIVABLE (Detail Textua

LOANS RECEIVABLE (Detail Textuals) - Loans Receivable	3 Months Ended	9 Months Ended
	Jun. 30, 2014USD ($)Contract	Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		10
Pre-Modification Outstanding Recorded Investment | $		$ 8,300,000
Number of Loans	1	2	2
Pre-Modification Outstanding Recorded Investment | $	$ 453,000	$ 4,415,000	$ 1,921,000
One- to four-family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans	1		1
Pre-Modification Outstanding Recorded Investment | $	$ 453,000		$ 1,468,000
Single family real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		2
Pre-Modification Outstanding Recorded Investment | $		$ 1,600,000
Single family real estate | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		1
Pre-Modification Outstanding Recorded Investment | $		$ 1,400,000
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		7
Pre-Modification Outstanding Recorded Investment | $		$ 3,100,000
Number of Loans		1	1
Pre-Modification Outstanding Recorded Investment | $		$ 750,000	$ 453,000
Commercial real estate | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		2
Pre-Modification Outstanding Recorded Investment | $		$ 1,600,000
Commercial real estate | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		1
Pre-Modification Outstanding Recorded Investment | $		$ 884,000
Construction and land development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		1
Pre-Modification Outstanding Recorded Investment | $		$ 3,665,000
Construction and land development | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans		1
Pre-Modification Outstanding Recorded Investment | $		$ 3,700,000

DEPOSITS - Major classification

DEPOSITS - Major classifications of deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Amount
Money market deposit accounts	$ 62,299	$ 64,665
Interest-bearing checking accounts	35,958	38,119
Non-interest bearing checking accounts	2,177	2,327
Passbook, club and statement savings	72,214	73,275
Certificates maturing in six months or less	56,252	48,359
Certificates maturing in more than six months	147,203	164,280
Total deposits	$ 376,103	$ 391,025
Percent
Money market deposit accounts	16.60%	16.50%
Interest-bearing checking accounts	9.60%	9.80%
Non-interest bearing checking accounts	0.60%	0.60%
Passbook, club and statement savings	19.20%	18.80%
Certificates maturing in six months or less	15.00%	12.40%
Certificates maturing in more than six months	39.00%	41.90%
Total	100.00%	100.00%

DEPOSITS (Detail Textuals)

DEPOSITS (Detail Textuals) - USD ($) $ in Millions	Jun. 30, 2015	Sep. 30, 2014
Deposits [Abstract]
Certificates of $250,000 and over	$ 33.9	$ 33.1

INCOME TAXES - Items that gave

INCOME TAXES - Items that gave rise to significant portions of deferred income taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Deferred tax assets:
Allowance for loan losses	$ 1,124	$ 1,123
Nonaccrual interest	94	125
Accrued vacation	118	108
Capital loss carryforward	548	1,211
Split dollar life insurance	20	20
Post-retirement benefits	132	137
Unrealized loss on available for sale securities	337	491
Employee benefit plans	477	382
Total deferred tax assets	2,850	3,597
Valuation allowance	(548)	(1,211)
Total deferred tax assets, net of valuation allowance	2,302	2,386
Deferred tax liabilities:
Property	387	422
Deferred loan fees	746	833
Total deferred tax liabilities	1,133	1,255
Net deferred tax asset	$ 1,169	$ 1,131

INCOME TAXES (Detail Textuals)

INCOME TAXES (Detail Textuals) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Valuation allowance	$ 548	$ 1,211

STOCK COMPENSATION PLANS - Summ

STOCK COMPENSATION PLANS - Summary of non-vested stock award activity (Details) - Recognition and Retention Plan (RRP) - $ / shares	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Number of Shares
Vested	(185,788)
Nonvested Stock Awards
Number of Shares
Nonvested stock awards, Beginning Balance	38,055	79,477
Issued	235,500
Forfeited
Vested	(10,314)	(41,422)
Nonvested stock awards, Ending Balance	263,241	38,055
Weighted Average Grant Date Fair Value
Nonvested stock awards, Beginning Balance	$ 8.07	$ 9.56
Issued	$ 12.23
Forfeited
Vested	$ 8.22	$ 10.93
Nonvested stock awards, Ending Balance	$ 11.79	$ 8.11

STOCK COMPENSATION PLANS - Su53

STOCK COMPENSATION PLANS - Summary of status of stock options under Stock Option Plan (Details 1) - Stock Options Plan - Stock Options - $ / shares	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Number of Shares
Outstanding, Beginning Balance	530,084	516,739
Granted	608,737	13,545
Exercised
Forfeited
Outstanding, Ending Balance	1,138,821	530,284
Exercisable	445,147	415,733
Weighted Average Exercise Price
Outstanding, Beginning Balance	$ 10.86	$ 10.86
Granted	$ 12.23	$ 10.68
Exercised
Forfeited
Outstanding, Ending Balance	$ 11.59	$ 10.86
Exercisable	$ 11.37	$ 11.57

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, 2015	Jun. 30, 2014	Sep. 30, 2005
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
ESOP shares committed to be released, shares				23,155
Compensation expense of ESOP			$ 483	$ 263
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	697,301		427,057
Aggregate cost of common stock purchased under employee stock ownership plan (ESOP)	$ 3,100				$ 4,500
Number of shares allocated from suspense account to participants			222,685
ESOP shares committed to be released, shares			17,761

STOCK COMPENSATION PLANS (Det55

STOCK COMPENSATION PLANS (Detail Textuals 1) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Feb. 28, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Recognition and Retention Plan (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				$ 2,500,000
Average price per share of common stock purchased in the open market		$ 11.49		$ 11.49
Percentage of vesting per year				20.00%
Vesting period of awards granted				5 years
Number of fully vested shares				185,788
2014 Stock Incentive Plan | Restricted stock awards or units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares awarded under the plan	285,655
Number of shares granted	235,500
2008 RRP and 2014 SIP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Recognized compensation expense		$ 154,000	$ 21,000	$ 263,000	$ 107,000
Tax benefit (expense) from stock-based compensation		52,000	$ 7,000	89,000	$ 55,000
Unrecognized compensation expense for shares awarded		$ 2,800,000		$ 2,800,000

STOCK COMPENSATION PLANS (Det56

STOCK COMPENSATION PLANS (Detail Textuals 2) - Stock Options - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2010	Sep. 30, 2009
2008 Stock Option Plan
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			419,801
Number of options awarded			608,737	13,545
Weighted average remaining contractual term for options outstanding			7 years 3 months 18 days
Estimated fair value of options granted per share			$ 4.58		$ 4.67	$ 3.34	$ 2.92	$ 2.98
Fair value, valuation method			Black-Scholes pricing model
Exercise price and fair value	$ 12.23		$ 12.23
Expected term			7 years
Volatility rate			38.16%
Expected interest rate			1.62%
Expected yield			0.98%
Recognized compensation expense	$ 158,000	$ 25,000	$ 268,000	$ 116,000
Tax benefit from stock-based compensation	16,000	$ 3,000	28,000	$ 14,000
Unrecognized compensation expense for options	$ 2,800,000		$ 2,800,000
Weighted average period for expense recognize			4 years 6 months
2014 Stock Incentive Plan
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 options awarded			605,000

COMMITMENTS AND CONTINGENT LI57

COMMITMENTS AND CONTINGENT LIABILITIES (Detail Textuals) - USD ($)	9 Months Ended	12 Months Ended
	Jun. 30, 2015	Sep. 30, 2014
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding commitments	$ 60,000
Loans Receivable
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Aggregate undisbursed portion of loans-in-process	21,295,000	$ 9,657,000
Loan Origination Commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding commitments	$ 4,200,000	$ 25,300,000
Loan Origination Commitments | Minimum
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Market interest rate on fixed and variable rate loans	3.25%	3.25%
Loan Origination Commitments | Maximum
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Market interest rate on fixed and variable rate loans	8.00%	6.00%
Unused lines of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding commitments	$ 3,600,000	$ 3,600,000
Letters of Credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Outstanding commitments	$ 2,600,000	$ 609,000

FAIR VALUE MEASUREMENT - Assets

FAIR VALUE MEASUREMENT - Assets measured at fair value on recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 76,992	$ 57,817
U.S. Government and agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	18,317	17,844
Mortgage-backed securities - U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	58,616	39,903
FHLMC preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	59	70
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	76,992	57,817
Fair Value, Measurements, Recurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	59	70
Fair Value, Measurements, Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 76,933	$ 57,747
Fair Value, Measurements, Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale
Fair Value, Measurements, Recurring | U.S. Government and agency obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 18,317	$ 17,844
Fair Value, Measurements, Recurring | U.S. Government and agency obligations | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale
Fair Value, Measurements, Recurring | U.S. Government and agency obligations | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 18,317	$ 17,844
Fair Value, Measurements, Recurring | U.S. Government and agency obligations | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale
Fair Value, Measurements, Recurring | Mortgage-backed securities - U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 58,616	$ 39,903
Fair Value, Measurements, Recurring | Mortgage-backed securities - U.S. Government agencies | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale
Fair Value, Measurements, Recurring | Mortgage-backed securities - U.S. Government agencies | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 58,616	$ 39,903
Fair Value, Measurements, Recurring | Mortgage-backed securities - U.S. Government agencies | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale
Fair Value, Measurements, Recurring | FHLMC preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 59	$ 70
Fair Value, Measurements, Recurring | FHLMC preferred stock | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale	$ 59	$ 70
Fair Value, Measurements, Recurring | FHLMC preferred stock | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale
Fair Value, Measurements, Recurring | FHLMC preferred stock | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment and mortgage-backed securities available for sale

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, 2015	Sep. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 21,220	$ 21,980
Total	$ 21,220	$ 21,980
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans
Total
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans
Total
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 21,220	$ 21,980
Total	$ 21,220	$ 21,980

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, 2015	Sep. 30, 2014
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		$ 21,220	$ 21,980
Level 3
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		$ 21,220	$ 21,980
Level 3 | Impaired loan | Property Appraisals Valuation Technique
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
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
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 - Asse61

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, 2015	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2013
Assets:
Cash and cash equivalents	$ 20,305	$ 45,382	$ 29,681	$ 158,984
Investment and mortgage-backed securities available for sale	76,992	57,817
Investment and mortgage-backed securities held to maturity	70,003	80,840
Loans receivable, net	317,487	321,063
Accrued interest receivable	1,716	1,748
Federal Home Loan Bank stock	369	1,221
Bank owned life insurance	12,638	12,377
Liabilities:
Checking accounts	38,135	40,446
Money market deposit accounts	62,299	64,665
Passbook, club and statement savings accounts	72,214	73,275
Certificates of deposit	203,455	212,639
Advances from Federal Home Loan Bank		340
Accrued interest payable	939	1,486
Advances from borrowers for taxes and insurance	2,802	1,240
Fair Value
Assets:
Cash and cash equivalents	20,305	45,382
Investment and mortgage-backed securities available for sale	76,992	57,817
Investment and mortgage-backed securities held to maturity	69,450	79,092
Loans receivable, net	315,966	321,247
Accrued interest receivable	1,716	1,748
Federal Home Loan Bank stock	369	1,221
Bank owned life insurance	12,638	12,377
Liabilities:
Checking accounts	38,135	40,446
Money market deposit accounts	62,299	64,665
Passbook, club and statement savings accounts	72,214	73,275
Certificates of deposit	207,241	217,273
Advances from Federal Home Loan Bank		340
Accrued interest payable	939	1,486
Advances from borrowers for taxes and insurance	2,802	1,240
Level 1
Assets:
Cash and cash equivalents	20,305	45,382
Investment and mortgage-backed securities available for sale	$ 59	$ 70
Investment and mortgage-backed securities held to maturity
Loans receivable, net
Accrued interest receivable	$ 1,716	$ 1,748
Federal Home Loan Bank stock	369	1,221
Bank owned life insurance	12,638	12,377
Liabilities:
Checking accounts	38,135	40,446
Money market deposit accounts	62,299	64,665
Passbook, club and statement savings accounts	$ 72,214	$ 73,275
Certificates of deposit
Advances from Federal Home Loan Bank		$ 340
Accrued interest payable	$ 939	1,486
Advances from borrowers for taxes and insurance	$ 2,802	$ 1,240
Level 2
Assets:
Cash and cash equivalents
Investment and mortgage-backed securities available for sale	$ 76,933	$ 57,747
Investment and mortgage-backed securities held to maturity	$ 69,450	$ 79,092
Loans receivable, net
Accrued interest receivable
Federal Home Loan Bank stock
Bank owned life insurance
Liabilities:
Checking accounts
Money market deposit accounts
Passbook, club and statement savings accounts
Certificates of deposit		$ 217,273
Advances from Federal Home Loan Bank
Accrued interest payable
Advances from borrowers for taxes and insurance
Level 3
Assets:
Cash and cash equivalents
Investment and mortgage-backed securities available for sale
Investment and mortgage-backed securities held to maturity
Loans receivable, net	$ 315,966	$ 321,247
Accrued interest receivable
Federal Home Loan Bank stock
Bank owned life insurance
Liabilities:
Checking accounts
Money market deposit accounts
Passbook, club and statement savings accounts
Certificates of deposit	$ 207,241
Advances from Federal Home Loan Bank
Accrued interest payable
Advances from borrowers for taxes and insurance

FAIR VALUE MEASUREMENT (Detail

FAIR VALUE MEASUREMENT (Detail Textuals) $ in Millions	Jun. 30, 2015USD ($)
Level 2
Financing Receivable, Impaired [Line Items]
Collateral dependent impaired loans, fair value	$ 21.2