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Shareholders' Equity (Tables)
 12 Months Ended
Aug. 31, 2018
Equity [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following is a reconciliation of the numerators and denominators used in the basic and diluted computations of earnings per common share:
 
 
 
Years Ended August 31,
 
(In thousands, except per share information)
 
2018
 
 
2017
 
EPS – basic and diluted:
 
 
 
 
 
 
 
 
Net income
 
$
6,949
 
 
$
4,051
 
Less:  cumulative preferred stock dividend
 
 
(76
)
 
 
(76
)
Net income attributable to common shareholders for basic and diluted EPS computation
 
 
6,873
 
 
 
3,975
 
Weighted average common shares outstanding for basic and diluted EPS computation
 
 
4,861,590
 
 
 
4,861,590
 
Earnings per common share – basic and diluted
 
$
1.41
 
 
$
0.82