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EARNINGS PER SHARE (Tables)
9 Months Ended
Jun. 30, 2022
EARNINGS PER SHARE  
Schedule of net earnings per share available to common shareholders

For the three months ended June

2022

2021

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average number of common shares outstanding

569,689

569,689

551,369

551,369

Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)

12,681

18,112

Weighted average number of shares outstanding

569,689

582,370

551,369

569,481

Net income available to common shareholders

$

5,982,831

$

5,982,831

$

3,691,210

$

3,691,210

Net earnings per share available to common shareholders

$

10.50

$

10.27

$

6.69

$

6.48

(1)Diluted earnings per share calculation includes all equity-based awards deemed to be dilutive.

For the nine months ended June

2022

2021

    

Basic

    

Diluted

    

Basic

    

Diluted

Weighted average number of common shares outstanding

567,026

567,026

550,276

550,276

Weighted average net additional shares outstanding assuming dilutive options exercised and proceeds used to purchase treasury stock (1)

14,552

11,664

Weighted average number of shares outstanding

567,026

581,578

550,276

561,940

Net income available to common shareholders

$

11,990,068

$

11,990,068

$

9,197,728

$

9,197,728

Net earnings per share available to common shareholders

$

21.15

$

20.62

$

16.71

$

16.37

(1)Diluted earnings per share calculation includes all equity-based awards deemed to be dilutive.