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EARNINGS PER SHARE (Tables)
9 Months Ended
Jun. 30, 2021
EARNINGS PER SHARE  
Schedule of net earnings per share available to common shareholders

For the three months ended June

2021

2020

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average number of common shares outstanding

551,369

551,369

565,483

565,483

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

18,112

4,419

Weighted average number of shares outstanding

551,369

569,481

565,483

569,902

Net income available to common shareholders

$

3,691,210

$

3,691,210

$

1,579,566

$

1,579,566

Net earnings per share available to common shareholders

$

6.69

$

6.48

$

2.79

$

2.77

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

For the nine months ended June

2021

2020

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average number of common shares outstanding

550,276

550,276

564,578

564,578

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

11,664

5,295

Weighted average number of shares outstanding

550,276

561,940

564,578

569,873

Net income available to common shareholders

$

9,197,728

$

9,197,728

$

2,730,754

$

2,730,754

Net earnings per share available to common shareholders

$

16.71

$

16.37

$

4.84

$

4.79

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