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Net Income Per Common Share | 12 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Net Income Per Common Share | Net Income Per Common Share Information regarding the calculation of basic and diluted net income per common share for the years ended September 30, 2022, 2021 and 2020 is as follows (dollars in thousands, except per share amounts):
| 2022 |  | 2021 |  | 2020
Basic net income per common share computation |  |  |  |  |
Numerator - net income | $ | 23,600 |  |  | $ | 27,583 |  |  | $ | 24,269 |
Denominator - weighted average common shares outstanding | 8,304,002 |  |  | 8,340,983 |  |  | 8,326,600 |
Basic net income per common share | $ | 2.84 |  |  | $ | 3.31 |  |  | $ | 2.91 |
Diluted net income per common share computation |  |  |  |  |
Numerator - net income | $ | 23,600 |  |  | $ | 27,583 |  |  | $ | 24,269 |
Denominator - weighted average common shares outstanding | 8,304,002 |  |  | 8,340,983 |  |  | 8,326,600 |
Effect of dilutive stock options (1) | 79,333 |  |  | 103,350 |  |  | 95,886 |
Weighted average common shares outstanding-assuming dilution | 8,383,335 |  |  | 8,444,333 |  |  | 8,422,486 |
Diluted net income per common share | $ | 2.82 |  |  | $ | 3.27 |  |  | $ | 2.88 |
______________ (1) For the years ended September 30, 2022, 2021 and 2020, average options to purchase 204,265, 136,148 and 131,186 shares of common stock, respectively, were outstanding but not included in the computation of diluted net income per common share, because their effect would have been anti-dilutive.

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