Three Months Ended June 30,

Nine Months Ended June 30,

2018

2017

2018

2017

Basic

Net income

$

2,077,038

$

2,128,043

$

5,877,866

$

5,397,282

Less: preferred stock dividends

(292

)

(479

)

(876

)

(1,438

)

Net income applicable to common stock

$

2,076,746

$

2,127,564

$

5,876,990

$

5,395,844

Weighted average common shares outstanding

1,970,136

2,044,767

1,972,758

2,289,646

Basic earnings per share

$

1.05

$

1.04

$

2.98

$

2.36

Diluted

Net income applicable to common stock

$

2,076,746

$

2,127,564

$

5,876,990

$

5,395,844

Add: preferred stock dividends

292

479

876

1,438

Net income applicable for diluted earnings per share

$

2,077,038

$

2,128,043

$

5,877,866

$

5,397,282

Weighted average common shares outstanding

1,962,039

2,044,767

1,983,719

2,289,646

Add: Options

38,980

35,296

42,440

53,081

Add: Series B Preferred Stock

1,071,200

Add: Series B Preferred Stock Warrants

590,145

Add: Series E Preferred Stock

77,840

127,840

77,840

127,840

Assumed weighted average common shares outstanding

3,740,204

3,869,248

3,765,344

4,131,912

Diluted earnings per share

$

0.56

$

0.55

$

1.56

$

1.31