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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

Three months ended

Nine months ended

September 30, 

September 30, 

(in thousands)

    

2025

    

2024

    

2025

    

2024

Net income available for stockholders:

$

2,650

$

3,404

$

9,018

$

13,586

Less: Adjustments for earnings attributable to participating securities

 

(128)

 

(118)

 

(386)

 

(957)

Net income used in calculating earnings per share

$

2,522

$

3,286

$

8,632

$

12,629

Weighted average shares outstanding (including participating securities)

 

34,999

 

34,713

 

34,954

 

34,684

Adjustment for participating securities

 

(917)

 

(876)

 

(909)

 

(880)

Shares used in calculating basic and diluted earnings per share

 

34,082

 

33,837

 

34,045

 

33,804