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EARNINGS PER SHARE (Tables)
6 Months Ended
Mar. 31, 2021
EARNINGS PER SHARE  
Schedule of net earnings per share available to common shareholders

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March

 

 

2021

 

2020

 

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average common shares outstanding

 

 

551,369

 

 

551,369

 

 

565,697

 

 

565,697

Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)

 

 

 —

 

 

9,572

 

 

 —

 

 

6,155

Weighted average number of shares outstanding

 

 

551,369

 

 

560,941

 

 

565,697

 

 

571,852

Net income available to common shareholders

 

$

2,428,908

 

$

2,428,908

 

$

699,319

 

$

699,319

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share available to common shareholders

 

$

4.41

 

$

4.33

 

$

1.24

 

$

1.22


(1)

Diluted earnings per share calculation includes all stock options and restricted stock units deemed to be dilutive.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the six months ended March

 

 

2021

 

2020

 

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average common shares outstanding

 

 

549,729

 

 

549,729

 

 

564,129

 

 

564,129

Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)

 

 

 

 

8,012

 

 

 

 

5,727

Weighted average number of shares outstanding

 

 

549,729

 

 

557,741

 

 

564,129

 

 

569,856

Net income available to common shareholders

 

$

5,506,518

 

$

5,506,518

 

$

1,151,188

 

$

1,151,188

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share available to common shareholders

 

$

10.02

 

$

9.87

 

$

2.04

 

$

2.02


Diluted earnings per share calculation includes all stock options and restricted stock units deemed to be dilutive.