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Net Income Per Common Share (Tables) | 6 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings per Share | Information regarding the calculation of basic and diluted net income per common share for the three and six months ended March 31, 2023 and 2022 is as follows (dollars in thousands, except per share amounts):
| Three Months Ended March 31, |  | Six Months Ended March 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Basic net income per common share computation |  |  |  |  |  |  |
Numerator – net income | $ | 6,663 |  |  | $ | 5,327 |  |  | $ | 14,169 |  |  | $ | 10,812 |
Denominator – weighted average common shares outstanding | 8,220,532 |  |  | 8,337,407 |  |  | 8,226,467 |  |  | 8,346,839 |
Basic net income per common share | $ | 0.81 |  |  | $ | 0.64 |  |  | $ | 1.72 |  |  | $ | 1.30 |
Diluted net income per common share computation |  |  |  |  |  |  |
Numerator – net income | $ | 6,663 |  |  | $ | 5,327 |  |  | $ | 14,169 |  |  | $ | 10,812 |
Denominator – weighted average common shares outstanding | 8,220,532 |  |  | 8,337,407 |  |  | 8,226,467 |  |  | 8,346,839 |
Effect of dilutive stock options (1) | 83,838 |  |  | 84,468 |  |  | 85,163 |  |  | 88,697 |
Weighted average common shares outstanding - assuming dilution | 8,304,370 |  |  | 8,421,875 |  |  | 8,311,630 |  |  | 8,435,536 |
Diluted net income per common share | $ | 0.80 |  |  | $ | 0.63 |  |  | $ | 1.70 |  |  | $ | 1.28 |
____________________________________________ (1) For the three and six months ended March 31, 2023, average options to purchase 176,867 and 177,484 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. For the three and six months ended March 31, 2022, average options to purchase 204,398 and 207,256 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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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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