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Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Sep. 30, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
Selected Quarterly Financial Data (Unaudited)

The following selected financial data is presented for the quarters ended (dollars in thousands, except per share amounts):
 
September 30,
2016

 
June 30,
2016

 
March 31,
2016

 
December 31,
2015

Interest and dividend income
$
8,938

 
$
8,596

 
$
8,650

 
$
8,691

Interest expense
(1,132
)
 
(980
)
 
(979
)
 
(981
)
Net interest income
7,806

 
7,616

 
7,671

 
7,710

 
 
 
 
 
 
 
 
Non-interest income
3,109

 
2,749

 
2,513

 
2,518

Non-interest expense
(6,961
)
 
(6,568
)
 
(6,629
)
 
(6,479
)
 
 
 
 
 
 
 
 
Income before federal income taxes
3,954

 
3,797

 
3,555

 
3,749

 
 
 
 
 
 
 
 
Provision for federal income taxes
1,255

 
1,250

 
1,175

 
1,221

Net income
$
2,699

 
$
2,547

 
$
2,380

 
$
2,528

 
 
 
 
 
 
 
 
Net income per common share
 
 
 
 
 
 
 
Basic (1)
$
0.40

 
$
0.37

 
$
0.35

 
$
0.37

Diluted (1)
$
0.38

 
$
0.36

 
$
0.34

 
$
0.36

__________________________________________
(1) The net income per common share amounts for the quarters do not add to the total for the fiscal year due to rounding.
 
September 30,
2015

 
June 30,
2015

 
March 31,
2015

 
December 31,
2014

Interest and dividend income
$
8,008

 
$
7,947

 
$
7,527

 
$
7,686

Interest expense
(984
)
 
(963
)
 
(960
)
 
(983
)
Net interest income
7,024

 
6,984

 
6,567

 
6,703

 
 
 
 
 
 
 
 
Recapture of loan losses (1)
(1,525
)
 
—

 
—

 
—

Non-interest income
2,662

 
2,523

 
2,214

 
2,123

Non-interest expense
(6,693
)
 
(6,220
)
 
(6,654
)
 
(6,274
)
 
 
 
 
 
 
 
 
Income before federal income taxes
4,518

 
3,287

 
2,127

 
2,552

 
 
 
 
 
 
 
 
Provision for federal income taxes
1,563

 
1,128

 
676

 
825

Net income
$
2,955

 
$
2,159

 
$
1,451

 
$
1,727

 
 
 
 
 
 
 
 
Net income per common share
 
 
 
 
 
 
 
Basic
$
0.43

 
$
0.31

 
$
0.21

 
$
0.25

Diluted (2)
$
0.42

 
$
0.31

 
$
0.21

 
$
0.24

__________________________________________
(1) During the quarter ended September 30, 2015, the Company recorded a $1,525 recapture of loan losses, primarily as a result of significant recoveries on loans which had previously been charged off in prior years and improvements in other credit quality metrics.
(2) The net income per common share amounts for the quarters do not add to the total for the fiscal year due to rounding.