EARNINGS PER SHARE

9 Months Ended

Jun. 30, 2022

EARNINGS PER SHARE

EARNINGS PER SHARE

9.  EARNINGS PER SHARE

The amounts used to compute the earnings per share for the three and nine months ended June 30, 2022, and 2021 are summarized below.

	Three Months Ended		Three Months Ended		Nine Months Ended		Nine Months Ended
	June 30,		June 30,		June 30,		June 30,
	2022		2021		2022		2021
Net income	$	1,622,114	$	9,313,240	$	2,207,291	$	7,354,107
Dividends on preferred stock		—		77,250		—		231,750
Income available to common shareholders	$	1,622,114	$	9,235,990	$	2,207,291	$	7,122,357
Weighted average shares outstanding		16,449,829		13,621,406		16,270,499		13,621,406
Weighted average shares outstanding-diluted		16,449,829		17,089,722		16,270,499		17,089,722
Earnings per share available to common shareholders	$	0.10	$	0.68	$	0.14	$	0.52
Earnings per share available to common shareholders-diluted	$	0.10	$	0.54	$	0.14	$	0.42