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Earnings Per Share Data (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share Data [Abstract]  
Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the quarters and nine months ended June 30, 2012 and 2011:

 

                                 
    Quarter Ended June 30,     Nine Months Ended June 30,  
    2012     2011     2012     2011  

Net Income

  $ 1,192,000     $ 1,090,000     $ 4,833,000     $ 4,646,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

Common Shares:

                               

Weighted average common shares outstanding

    9,518,000       9,518,000       9,518,000       9,518,000  

Effect of dilutive stock options

    —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted shares outstanding

    9,518,000       9,518,000       9,518,000       9,518,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

Basic:

                               

Net earnings per share

  $ 0.13     $ 0.11     $ 0.51     $ 0.49  
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted:

                               

Net earnings per share

  $ 0.13     $ 0.11     $ 0.51     $ 0.49