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Earnings Per Share of Common Stock (Tables)
9 Months Ended
Jun. 30, 2023
Earnings Per Share of Common Stock  
Schedule of basic and diluted earnings per share computations

Basic and diluted earnings per share computations for the Company’s reported net income attributable to common stockholders are as follows:

Three months ended

Nine months ended

June 30, 

June 30, 

June 30, 

June 30, 

    

2023

    

2022

    

2023

    

2022

(Amounts in thousands except per share data)

Net income

 

$

2,514

  

$

684

 

$

3,796

  

$

474

Less: net income attributable to nonvested common stock

 

(159)

  

(38)

 

(232)

  

(24)

Net income attributable to common shareholders

$

2,355

  

$

646

$

3,564

  

$

450

Weighted average total shares outstanding – basic

 

4,710

  

 

4,535

4,651

4,481

Less: weighted average non–vested shares outstanding

 

(297)

  

 

(255)

(285)

(230)

Weighted average number of common shares outstanding – basic

 

4,413

  

 

4,280

4,366

  

4,251

Add: potential common shares from non–vested stock awards

 

103

  

 

3

69

  

14

Weighted average common shares outstanding – diluted

 

4,516

  

 

4,283

$

4,435

  

4,265

Net income per common share - basic

$

0.53

$

0.15

$

0.82

$

0.11

Net income per common share - diluted

$

0.52

$

0.15

$

0.80

$

0.11