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EARNINGS PER COMMON SHARE | 12 Months Ended
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Sep. 30, 2014
EARNINGS PER COMMON SHARE [Abstract] |
EARNINGS PER COMMON SHARE | NOTE 2. EARNINGS PER COMMON SHARE A reconciliation of the net income and common stock share amounts used in the computation of basic and diluted EPS for the fiscal years ended September 30, 2014, 2013 and 2012 is presented below.
|  | 2014 |  |  | 2013 |  |  | 2012 |
|  | (Dollars in Thousands, Except Share and Per Share Data) |
Earnings |  |  |  |  |  |  |  |  |
Net income |  | $ | 15,713 |  |  | $ | 13,418 |  |  | $ | 17,114 |
Basic EPS |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 6,117,577 |  |  |  | 5,595,733 |  |  |  | 3,460,877 |
Less weighted average nonvested shares |  |  | (4,301 | ) |  |  | (2,032 | ) |  |  | - |
Weighted average common shares outstanding |  |  | 6,113,276 |  |  |  | 5,593,701 |  |  |  | 3,460,877 |
Earnings Per Common Share |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 2.57 |  |  | $ | 2.40 |  |  | $ | 4.94 |
Diluted EPS |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding for basic earnings per common share |  |  | 6,113,276 |  |  |  | 5,593,701 |  |  |  | 3,460,877 |
Add dilutive effect of assumed exercises of stock options, net of tax benefits |  |  | 85,133 |  |  |  | 53,437 |  |  |  | 19,601 |
Weighted average common and dilutive potential common shares outstanding |  |  | 6,198,409 |  |  |  | 5,647,138 |  |  |  | 3,480,478 |
Earnings Per Common Share |  |  |  |  |  |  |  |  |  |  |  |
Diluted |  | $ | 2.53 |  |  | $ | 2.38 |  |  | $ | 4.92 |
Stock options totaling 29,984, 88,828 and 308,351 were not considered in computing diluted earnings per common share for the years ended September 30, 2014, 2013, and 2012, respectively, because they were not dilutive.

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