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Net Income Per Common Share (Tables)
3 Months Ended
Dec. 31, 2024
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 months ended December 31, 2024 and 2023 is as follows (dollars in thousands, except per share amounts):
 Three Months Ended December 31,
20242023
Basic net income per common share computation
Numerator – net income $6,860 $6,296 
Denominator – weighted average common shares outstanding7,958,275 8,114,209 
Basic net income per common share$0.86 $0.78 
Diluted net income per common share computation
Numerator – net income$6,860 $6,296 
Denominator – weighted average common shares outstanding7,958,275 8,114,209 
Effect of dilutive stock options (1)41,229 51,839 
Weighted average common shares outstanding - assuming dilution7,999,504 8,166,048 
Diluted net income per common share$0.86 $0.77 
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(1) For the three months ended December 31, 2024 and 2023, average options to purchase 96,220 and 214,595 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.