Organization and Accounting Policies (Tables)

6 Months Ended

Mar. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Stock Option Granted

During the three and six months ended March 31, 2016 and 2015, the following stock options were granted under the Company’s 2007 Plan:

Date of Grant	Number of Employees		Number of Shares		Option Price		Expiration Date
1/5/16		1		65,000	$	10.37	1/5/24
1/5/15		1		65,000	$	11.16	1/5/23

Estimated fair value of option grant on date of grant using the Black-Scholes option-pricing model

The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model with the following assumptions used for grants in the fiscal year indicated:

	Fiscal 2016			Fiscal 2015
Dividend yield		6.17	%		5.38	%
Expected volatility		20.20	%		19.78	%
Risk-free interest rate		2.09	%		1.97	%
Expected lives (years)		8			8
Estimated forfeitures		-0-			-0-