Earnings per Share

3 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Earnings per Share

(5) Earnings per share. The following details the computations of the basic and diluted earnings per common share (dollars in thousands, except per share amounts):

	Three Months ended
	December 31,
	2014		2013
Weighted average common shares
outstanding during the period
- shares used for basic
earnings per common share		9,711		9,568
Common shares issuable under
share based payment plans
which are potentially dilutive		60		106
Common shares used for diluted
earnings per common share		9,771		9,674
Net income	$	2,793		2,341
Earnings per common share
Basic	$	0.29		0.24
Diluted	$	0.29		0.24

For the three months ended December 31, 2014, 69,175 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. For the three months ended December 31, 2013, 31,790 shares attributable to outstanding stock options were excluded from the calculation of diluted earnings per common share because their inclusion would have been anti-dilutive.