XML 43 R29.htm IDEA: XBRL DOCUMENT v3.25.3
Net Income Per Common Share
 12 Months Ended
Sep. 30, 2025
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, 2025, 2024 and 2023, is as follows (dollars in thousands, except per share amounts):
 202520242023
Basic net income per common share computation   
Numerator - net income $29,161 $24,283 $27,118 
  Denominator - weighted average common shares outstanding7,917,193 8,038,674 8,175,898 
Basic net income per common share$3.68 $3.02 $3.32 
Diluted net income per common share computation   
Numerator - net income $29,161 $24,283 $27,118 
  Denominator - weighted average common shares outstanding7,917,193 8,038,674 8,175,898 
Effect of dilutive stock options (1)35,433 41,708 72,283 
  Weighted average common shares outstanding-assuming dilution7,952,626 8,080,382 8,248,181 
Diluted net income per common share$3.67 $3.01 $3.29 
______________
(1) For the years ended September 30, 2025, 2024 and 2023, average options to purchase 90,042, 225,047 and 207,803 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.