SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Sep. 30, 2014

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 19. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	QUARTER ENDED
	December 31		March 31			June 30		September 30
	(Dollars in Thousands)

Fiscal Year 2014
Interest income	$	11,162	$	12,063		$	12,566	$	12,869
Interest expense		649		544			638		567
Net interest income		10,513		11,519			11,928		12,302
Provision (recovery) for loan losses		-		300			300		550
Net Income (loss)		4,002		4,144			4,204		3,363
Earnings (loss) per common and common equivalent share
Basic	$	0.66	$	0.68		$	0.69	$	0.54
Diluted		0.65		0.67			0.68		0.53
Dividend declared per share		0.13		0.13			0.13		0.13

Fiscal Year 2013
Interest income	$	9,630	$	9,718		$	9,825	$	9,803
Interest expense		833		813			666		642
Net interest income		8,797		8,905			9,159		9,161
Provision (recovery) for loan losses		-		(300	)		-		300
Net Income (loss)		3,125		3,147			3,672		3,474
Earnings (loss) per common and common equivalent share
Basic	$	0.57	$	0.57		$	0.67	$	0.59
Diluted		0.57		0.57			0.66		0.58
Dividend declared per share		0.13		0.13			0.13		0.13

Fiscal Year 2012
Interest income	$	9,615	$	10,299		$	9,149	$	8,234
Interest expense		977		888			857		841
Net interest income		8,638		9,411			8,292		7,393
Provision (recovery) for loan losses		699		200			150		-
Net Income (loss)		3,091		9,970			2,387		1,666
Earnings (loss) per common and common equivalent share
Basic	$	0.97	$	3.12		$	0.67	$	0.18
Diluted		0.97		3.10			0.66		0.19
Dividend declared per share		0.13		0.13			0.13		0.13

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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