Three Months Ended December 31,

2021

2020

Basic

Net income

$

6,546

$

5,413

Less: preferred stock dividends

—

—

Net income applicable to common stock

$

6,546

$

5,413

Weighted average common shares outstanding

1,582,334

1,568,213

Basic earnings per share

$

4.14

$

3.45

Diluted

Net income applicable to common stock

$

6,546

$

5,413

Add: preferred stock dividends

—

—

Net income applicable for diluted earnings per share

$

6,546

$

5,413

Weighted average common shares outstanding

1,582,334

1,568,213

Add: Options

40,534

41,668

Add: Series B Preferred Stock

1,578,950

1,071,220

Add: Series B Preferred Stock Warrants

—

590,147

Add: Series E Preferred Stock

239

47,840

Assumed weighted average common shares outstanding

3,202,057

3,319,088

Diluted earnings per share

$

2.04

$

1.63