Shareholders' Equity (Tables)

12 Months Ended

Aug. 31, 2023

Shareholders' Equity

Schedule of reconciliation of the numerators and denominators of the basic and diluted computations for earnings per common share

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)	2023		2022
EPS – basic and diluted:
Net income	$	21,185	$	21,308
Less:  cumulative preferred stock dividend		(76)		(76)
Net income attributable to common shareholders for basic and diluted EPS computation	$	21,109	$	21,232
Weighted average common shares outstanding for basic and diluted EPS computation		4,861,590		4,861,590
Earnings per common share – basic and diluted	$	4.34	$	4.37