Earnings per Share Data

9 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Earnings per Share Data

Note 5 – Earnings per Share Data

The condensed consolidated financial statements include basic and diluted earnings per share information. The following table sets forth the computation of basic and diluted earnings per share for the quarters and nine months ended June 30, 2024 and 2023:

	Quarter Ended June 30,				Nine Months Ended June 30,
	2024		2023		2024		2023
Net income	$	2,558,000	$	3,212,000	$	13,106,000	$	11,561,000
Weighted average common shares outstanding:
Basic and diluted		14,658,000		14,658,000		14,658,000		14,658,000
Net income per common share – basic and diluted	$	0.17	$	0.22	$	0.89	$	0.79

There were no equity compensation plans and arrangements previously approved by security holders as of June 30, 2024 and 2023.