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EARNINGS PER COMMON SHARE (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic Earnings Per Share
The calculation of basic earnings per share for the three month periods ended March 31, 2025 and 2024 is shown below (in thousands, except share and per share data):

For the Three Months Ended
March 31, 2025March 31, 2024
Net income$6,023 $7,050 
(Less) allocation of earnings & dividends to participating securities(70)(92)
Net income available to common shareholders$5,953 $6,958 
Weighted average common shares outstanding4,790,880 4,763,896 
(Less) participating securities(55,787)(62,214)
Weighted average number of shares outstanding used in the calculation of basic earnings per shares4,735,093 4,701,682 
Basic earnings per common share$1.26 $1.48