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Earnings per Share
6 Months Ended
Feb. 28, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 4.   Earnings per Share

 

The following is a reconciliation of the numerators and denominators of the basic and diluted computations for net income per share attributable to common shareholders:

    For the Three Months
Ended,
    For the Six Months
Ended,
 
    February 28,
2013
    February 29,
2012
    February 28,
2013
    February
29, 2012
 
                         
(In thousands, except share and per share
information)
                               
                                 
EPS:                                
Net income   $ 641     $ 403     $ 1,024     $ 1,028  
Less:  accrued preferred stock dividends     (19 )     (19 )     (38 )     (38 )
Net income available for common   shareholders   $ 622     $ 384     $ 986     $ 990  
                                 
Earnings per common share  – basic and diluted   $ 0.13     $ 0.08     $ 0.20     $ 0.20  

 

For the three and six months ended February 28, 2013 and February 29, 2012, 40,000 potential common shares have been excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.