XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.22.4

EARNINGS PER SHARE | 3 Months Ended
--- | ---
Dec. 31, 2022
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE D - EARNINGS PER SHARE The following table presents a calculation of basic and diluted earnings per share for the three months ended December 31, 2022 and 2021. Basic and diluted earnings per share were calculated by dividing net income by the weighted-average number of shares outstanding for the periods.
|  | For the Three Months |
|  | Ended December 31, |
|  | 2022 |  |  | 2021 |
|  | (Dollars in thousands, except share and per share data) |
Income applicable to common shares |  | $ | 1,810 |  |  | $ | 1,693 |
Weighted average common shares outstanding- basic |  |  | 6,456,525 |  |  |  | 6,792,477 |
Potential diliutive common stock equivalents |  |  | 2,921 |  |  |  | — |
Weighted average common shares outstanding- diluted |  |  | 6,459,446 |  |  |  | 6,792,477 |
Earnings per share - basic |  | $ | 0.28 |  |  | $ | 0.25 |
Earnings per share - diluted |  | $ | 0.28 |  |  | $ | 0.25 |
Options to purchase 293,200 shares of common stock at a weighted average strike price of $12.58 and 156,400 shares of restricted shares at a weighted average price of $12.63 were outstanding at December 31, 2022. There were no outstanding stock awards or options to purchase common stock at December 31, 2021.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration