Stock Options (Tables)

9 Months Ended

Jun. 30, 2012

Stock Options Tables

weighted Schedule of average assumptions utilized in the fair value calculations for options granted

Management has valued the options at their date of vesting utilizing the Black-Scholes Option Pricing Model. The following weighted average assumptions were utilized in the fair value calculations for options granted:

	2010	2011
	Options @	Options @
Adjusted exercise price	$11.33	$12.83
Expected dividend yield	3.16%	2.71%
Expected stock price volatility	36.23%	35.63%
Risk-free interest rate	4.00%	.83%
Expected life of options in years	1.75	4

Schedule of stock options outstanding

The following summarizes the stock options outstanding as of June 30, 2012 for the fiscal year to date:

	2012
	Stock Options
					Weighted
	Number of		Weighted		Average
	Shares		Average		Remaining
	Remaining		Exercise		Contractual
	Options		Price		Term
Outstanding at April 1, 2012		42,000	$	11.81
Options granted		—
Options exercised during quarter ended June 30, 2012		—
Options canceled during quarter ended June 30, 2012		—
Outstanding at June 30, 2012		42,000	$	11.81		1.97 years
Exercisable at June 30, 2012		42,000	$	11.81		1.97 years