Shareholders' Equity (Tables)

12 Months Ended

Aug. 31, 2015

Equity [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following is a reconciliation of the numerators and denominators used in the basic and diluted computations of earnings per common share:

	For the years ended August 31,
(In thousands, except per share information)	2015		2014
EPS– basic and diluted:
Net income	$	3,741	$	5,611
Less: undeclared cumulative preferred stock dividends		(76)		(76)
Net income available to common shareholders for basic and diluted EPS computation		3,665		5,535
Weighted average common shares outstanding for basic and diluted EPS computation		4,861,590		4,861,590
Earnings per common share – basic and diluted	$	0.75	$	1.14