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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of Net Income and Common Stock Share Amounts Used in Computation of Basic and Diluted EPS
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, 2016, 2015 and 2014 is presented below.
 
 
2016

 
2015

 
2014

 
(Dollars in Thousands, Except Share and Per Share Data)
Earnings
 
 
 
 
 
Net income
$
33,220

 
$
18,055

 
$
15,713

 
 
 
 
 
 
Basic EPS
 

 
 

 
 

Weighted average common shares outstanding
8,443,956

 
6,730,086

 
6,117,577

Less weighted average nonvested shares
(29,125
)
 
(4,237
)
 
(4,301
)
Weighted average common shares outstanding
8,414,831

 
6,725,849

 
6,113,276

 
 
 
 
 
 
Earnings Per Common Share
 

 
 

 
 

Basic
$
3.95

 
$
2.68

 
$
2.57

 
 
 
 
 
 
Diluted EPS
 

 
 

 
 

Weighted average common shares outstanding for basic earnings per common share
8,414,831

 
6,725,849

 
6,113,276

Add dilutive effect of assumed exercises of stock options, net of tax benefits
66,590

 
68,951

 
85,133

Weighted average common and dilutive potential common shares outstanding
8,481,421

 
6,794,800

 
6,198,409

 
 
 
 
 
 
Earnings Per Common Share
 

 
 

 
 

Diluted
$
3.92

 
$
2.66

 
$
2.53