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Stock Compensation Plans (Tables)
3 Months Ended
Dec. 31, 2016
Share-based Compensation [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award
for the three months ended December 31, 2016 and 2015 is summarized as follows:
 
Three Months Ended
December 31, 2016
 
Three Months Ended
December 31, 2015
 
 Number of Shares

 
Weighted
Average
Exercise
Price

 
 Number of Shares

 
Weighted
Average
Exercise
Price

Options outstanding, beginning of period
373,130

 
$
9.82

 
341,300

 
$
8.73

Exercised
(12,700
)
 
6.31

 
(5,300
)
 
7.88

Forfeited

 

 
(400
)
 
5.86

Options outstanding, end of period
360,430

 
$
9.94

 
335,600

 
$
8.74

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
Additional information regarding options outstanding at December 31, 2016 is as follows:
 
 
Options Outstanding
 
Options Exercisable
Range of
Exercise
Prices ($)
 
Number

 
Weighted
Average
Exercise
Price

 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Number

 
Weighted
Average
Exercise
Price

 
Weighted
Average
Remaining
Contractual
Life (Years)
$ 4.01 - 4.55
 
22,500

 
$
4.22

 
4.1
 
22,500

 
$
4.22

 
4.1
   5.86 - 6.00
 
50,000

 
5.93

 
5.8
 
38,200

 
5.93

 
5.8
   9.00
 
86,000

 
9.00

 
6.8
 
47,600

 
9.00

 
6.8
 10.26 - 10.71
 
146,180

 
10.57

 
8.3
 
30,180

 
10.56

 
8.2
 15.67
 
55,750

 
15.67

 
9.7
 

 
N/A

 
N/A
 
 
360,430

 
$
9.94

 
7.6
 
138,480

 
$
7.71

 
6.4
Schedule of Compensation Expense by Plan
Compensation expense during the three months ended December 31, 2016 and 2015 for all stock-based plans was as follows (dollars in thousands):
 
Three Months Ended December 31,
 
2016
 
2015
Stock options
$
85

 
$
41

Less: related tax benefit recognized
(45
)
 
(4
)
Total
$
40

 
$
37