Annual report pursuant to Section 13 and 15(d)

Income Per Share (Tables)

v3.22.2.2
Income Per Share (Tables)
12 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) per Share

The following table presents the computation of basic and diluted net income per share:

 

 

 

Years Ended September 30,

 

 

 

2022

 

 

2021

 

Basic

 

 

 

 

 

 

Net income

 

$

24,741

 

 

$

31,197

 

Less: preferred stock dividends

 

 

 

 

 

 

Net income applicable to common stock

 

$

24,741

 

 

$

31,197

 

Weighted average common shares outstanding

 

 

3,116,214

 

 

 

1,566,288

 

Basic income per share

 

$

7.94

 

 

$

19.92

 

 

 

Diluted

 

 

 

 

 

 

Net income applicable to common stock

 

$

24,741

 

 

$

31,197

 

Add: preferred stock dividends

 

 

 

 

 

 

Net income applicable for diluted earnings per share

 

$

24,741

 

 

$

31,197

 

Weighted average common shares outstanding

 

 

3,116,214

 

 

 

1,566,288

 

Add: Options

 

 

39,082

 

 

 

37,069

 

Add: Series B Preferred Stock

 

 

 

 

 

1,578,950

 

Add: Series E Preferred Stock

 

 

239

 

 

 

239

 

Assumed weighted average common shares
   outstanding

 

 

3,155,535

 

 

 

3,182,546

 

Diluted income per share

 

$

7.84

 

 

$

9.80