Earnings per Share

9 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Earnings per Share

2. Earnings per Share

The following table sets forth the composition of the weighted-average common shares (denominator) used in the basic and diluted earnings per share computation for the three and nine month periods ended June 30, 2014 and 2013.

	Three months ended						Nine months ended
	June 30, 2014			June 30, 2013			June 30, 2014			June 30, 2013
Weighted-average common shares outstanding		18,133,095			18,162,764			18,133,095			18,142,984
Average treasury stock shares		(6,272,961	)		(5,645,336	)		(6,233,349	)		(5,269,686	)
Average unearned ESOP shares		(1,012,790	)		(1,058,066	)		(1,024,151	)		(1,069,427	)
Average unearned non-vested shares		(9,752	)		(49,571	)		(11,233	)		(38,970	)
Weighted average common shares and common stock equivalents used to calculate basic earnings per share		10,837,592			11,409,791			10,864,362			11,764,901
Additional common stock equivalents (non-vested stock) used to calculate diluted earnings per share		—			—			—			—
Additional common stock equivalents (stock options) used to calculate diluted earnings per share		—			—			—			—
Weighted average common shares and common stock equivalents used to calculate diluted earnings per share		10,837,592			11,409,791			10,864,362			11,764,901

At June 30, 2014 and 2013 there were options to purchase 1,458,379 shares of common stock outstanding at a price of $12.35 per share that were not included in the computation of diluted EPS because to do so would have been anti-dilutive. At June 30, 2014 and 2013 there were 4,440 and 24,999 shares, respectively, of nonvested stock outstanding at prices of $10.94 and $12.35 per share, respectively that were not included in the computation of diluted EPS because to do so would have been anti-dilutive.