Note 18 - Segment Information

12 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE

18.

SEGMENT INFORMATION

The Company has

two

reportable segments. The brokerage and advisory services segment includes broker-dealer and investment advisory services, sale of insurance products and licensed mortgage brokerage services provided by NSC, WEC, NAM, National Insurance, Prime Financial, GC, WIA, WF, UA, UAS and FSIC. The tax and accounting services segment includes tax preparation and accounting services provided by National Tax.

Corporate pre-tax income (loss) consists of certain expenses that have

not

been allocated to reportable segments.

Segment information for the years ended

September 30, 2020

and

2019

is as follows:

	Brokerage and Advisory			Tax and Accounting
2020	Services			Services			Corporate				Total
Revenues	$	219,724,000		$	10,149,000		$	2,000			$	229,875,000
Pre-tax income (loss)		(2,230,000	)		(101,000	)		(5,748,000	)	(a)		(8,079,000	)
Identifiable assets		81,590,000			9,159,000			16,488,000		(b)		107,237,000
Depreciation and amortization		1,451,000			716,000			687,000				2,854,000
Interest		90,000			—			—				90,000
Capital expenditures		(45,000	)		141,000			145,000				241,000

	Brokerage and Advisory		Tax and Accounting
2019	Services		Services		Corporate				Total
Revenues	$	204,134,000	$	8,807,000	$	—			$	212,941,000
Pre-tax income (loss)		7,522,000		85,000		(5,447,000	)	(a)		2,160,000
Identifiable assets		61,880,000		4,313,000		15,014,000		(b)		81,207,000
Depreciation and amortization		841,000		490,000		501,000				1,832,000
Interest		32,000								32,000
Capital expenditures		776,000		75,000		2,273,000				3,124,000

(a) Consists of board of director fees and other expenses not allocated to reportable segments by management.

(b) Consists principally of deferred tax assets, cash, prepaid and fixed asset balances held at Corporate.