Condensed Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)	Jun. 30, 2015	Sep. 30, 2014
ASSETS
Cash	$ 24,399,000	$ 24,465,000
Restricted cash	218,000	92,000
Cash deposits with clearing organizations	1,005,000	1,005,000
Securities owned, at fair value	1,494,000	1,061,000
Receivables from broker-dealers and clearing organizations	4,158,000	4,985,000
Forgivable loans receivable	1,401,000	662,000
Other receivables, net	4,476,000	3,998,000
Prepaid expenses	1,277,000	932,000
Fixed assets, net	746,000	752,000
Intangible assets, net	7,540,000	7,595,000
Goodwill	6,531,000	6,531,000
Deferred tax asset, net	11,305,000	11,925,000
Other assets, principally refundable deposits	511,000	790,000
Total Assets	65,061,000	64,793,000
Liabilities
Securities sold, but not yet purchased, at fair value	249,000	55,000
Accrued commissions and payroll payable	12,389,000	13,520,000
Accounts payable and other liabilities	5,681,000	5,715,000
Deferred clearing credit	957,000	971,000
Total Liabilities	19,276,000	20,261,000
Stockholders’ Equity
Preferred stock, $0.01 par value, 10,000,000 shares authorized; none outstanding	0	0
Common stock $0.02 par value, 150,000,000 shares authorized; 12,446,365 issued and outstanding at June 30, 2015 and at September 30, 2014	249,000	249,000
Additional paid-in-capital	80,307,000	79,837,000
Accumulated deficit	(34,786,000)	(35,569,000)
Total National Holdings Corporation Stockholders’ Equity	45,770,000	44,517,000
Non-Controlling interest	15,000	15,000
Total Stockholders’ Equity	45,785,000	44,532,000	[1]
Total Liabilities and Stockholders’ Equity	$ 65,061,000	$ 64,793,000

[1] Reflects split adjusted shares and amounts for par value of common stock and additional paid in capital including the issuance of 887 shares for roundupof fractional shares.