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EARNINGS PER COMMON SHARE ("EPS") (Tables)
9 Months Ended
Jun. 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 net income and common stock share amounts used in the computation of basic and diluted EPS for the three and nine months ended June 30, 2016 and 2015 is presented below.

Three Months Ended June 30,
2016

 
2015

(Dollars in Thousands, Except Share and Per Share Data)
 
 
 
Earnings
 
 
 
Net Income
$
8,873

 
$
4,640

 
 
 
 
Basic EPS
 

 
 

Weighted average common shares outstanding
8,512,043

 
6,942,486

Less weighted average nonvested shares
29,723

 
3,922

Weighted average common shares outstanding
8,482,320

 
6,938,564

 
 
 
 
Earnings Per Common Share
 

 
 

Basic
$
1.05

 
$
0.67

 
 
 
 
Diluted EPS
 

 
 

Weighted average common shares outstanding for basic earnings per common share
8,482,320

 
6,938,564

Add dilutive effect of assumed exercises of stock options, net of tax benefits
65,696

 
74,060

Weighted average common and dilutive potential common shares outstanding
8,548,016

 
7,012,624

 
 
 
 
Earnings Per Common Share
 

 
 

Diluted
$
1.04

 
$
0.66


Nine Months Ended June 30,
2016

 
2015

(Dollars in Thousands, Except Share and Per Share Data)
 
 
 
Earnings
 
 
 
Net Income
$
27,214

 
$
13,416

 
 
 
 
Basic EPS
 

 
 

Weighted average common shares outstanding
8,416,724

 
6,555,415

Less weighted average nonvested shares
28,849

 
4,193

Weighted average common shares outstanding
8,387,875

 
6,551,222

 
 
 
 
Earnings Per Common Share
 

 
 

Basic
$
3.24

 
$
2.05

 
 
 
 
Diluted EPS
 

 
 

Weighted average common shares outstanding for basic earnings per common share
8,387,875

 
6,551,222

Add dilutive effect of assumed exercises of stock options, net of tax benefits
64,324

 
65,228

Weighted average common and dilutive potential common shares outstanding
8,452,199

 
6,616,450

 
 
 
 
Earnings Per Common Share
 

 
 

Diluted
$
3.22

 
$
2.03