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SHARE BASED COMPENSATION PLANS (Tables)
12 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Effect to Income, Net of Tax Benefits, of Share-Based Expense Recorded
The following table shows the effect to income, net of tax benefits, of share-based expense recorded in the years ended September 30, 2016, 2015 and 2014.
 
Year Ended September 30,
2016
 
2015
 
2014
 
(Dollars in Thousands)
Total employee stock-based compensation expense recognized in income, net of tax effects of $192, $66 and $51, respectively
$
559

 
$
334

 
$
120

Activity of Options
The following tables show the activity of options and nonvested (restricted) shares granted, exercised or forfeited under all of the Company’s option and incentive plans during the years ended September 30, 2016 and 2015.
 
 
Number
of
Shares

 
Weighted
Average
Exercise
Price

 
Weighted
Average
Remaining
Contractual
Term (Yrs)

 
Aggregate
Intrinsic
Value

 
(Dollars in Thousands, Except Share and Per Share Data)
 
 
 
 
 
 
 
 
Options outstanding, September 30, 2015
189,088

 
$
25.74

 
3.16

 
$
3,027

Granted

 

 

 

Exercised
(63,528
)
 
25.77

 

 
1,510

Forfeited or expired

 

 

 

Options outstanding, September 30, 2016
125,560

 
$
25.73

 
2.68

 
$
4,379

 
 
 
 
 
 
 
 
Options exercisable end of year
125,560

 
$
25.73

 
2.68

 
$
4,379


 
Number
of
Shares

 
Weighted
Average
Exercise
Price

 
Weighted
Average
Remaining
Contractual
Term (Yrs)

 
Aggregate
Intrinsic
Value

 
(Dollars in Thousands, Except Share and Per Share Data)
 
 
 
 
 
 
 
 
Options outstanding, September 30, 2014
235,766

 
$
25.20

 
3.78

 
$
2,507

Granted

 

 

 

Exercised
(46,678
)
 
22.98

 

 
925

Forfeited or expired

 

 

 

Options outstanding, September 30, 2015
189,088

 
$
25.74

 
3.16

 
$
3,027

 
 
 
 
 
 
 
 
Options exercisable end of year
189,088

 
$
25.74

 
3.16

 
$
3,027

Activity of Nonvested (Restricted) Shares
 
Number of
Shares

 
Weighted Average
Fair Value At Grant

 
(Dollars in Thousands, Except Share and Per Share Data)
 
 
 
 
Nonvested shares outstanding, September 30, 2015
44,002

 
$
40.80

Granted
8,154

 
42.49

Vested
(33,666
)
 
40.93

Forfeited or expired
2,166

 
46.98

Nonvested shares outstanding, September 30, 2016
20,656

 
$
41.37


 
Number of
Shares

 
Weighted Average
Fair Value At Grant

 
(Dollars in Thousands, Except Share and Per Share Data)
 
 
 
 
Nonvested shares outstanding, September 30, 2014
4,000

 
$
28.61

Granted
51,217

 
41.10

Vested
(11,215
)
 
37.81

Forfeited or expired

 

Nonvested shares outstanding, September 30, 2015
44,002

 
$
40.80