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Earnings per Share (Tables)
 9 Months Ended
May 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following is a reconciliation of the numerators and denominators of the basic and diluted computations for earnings per common share (unaudited and in thousands, except per share data):
 
 
 
Three Months Ended
May 31,
 
Nine Months Ended
May 31,
 
 
 
2017
 
2016
 
2017
 
2016
 
(In thousands, except share and per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
EPS:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
1,278
 
$
1,619
 
$
2,686
 
$
2,850
 
Less: accrued preferred stock dividends
 
 
(19)
 
 
(19)
 
 
(57)
 
 
(57)
 
Net income available for common shareholders
 
$
1,259
 
$
1,600
 
$
2,629
 
$
2,793
 
Weighted average number of common shares
outstanding
 
 
4,861,590
 
 
4,861,590
 
 
4,861,590
 
 
4,861,590
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per common share – basic and diluted
 
$
0.26
 
$
0.33
 
$
0.54
 
$
0.57