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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Schedule of earnings per share |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
|  | (Income In thousands)
Net (loss) income applicable to common shares |  | $ | (1,825) |  |  | $ | 40 |  |  | $ | (3,034) |  |  | $ | 593 |
Shares |  |  |  |  |  |  |  |
Average number of common shares outstanding |  | 26,314,743 |  |  | 28,522,500 |  |  | 26,184,419 |  |  | 28,522,500 |
Less: Average unallocated ESOP shares |  | 2,065,029 |  |  | 2,156,176 |  |  | 2,053,402 |  |  | 2,167,521 |
Average number of common shares outstanding used to calculate basic earnings per common share |  | 24,249,714 |  |  | 26,366,324 |  |  | 24,131,017 |  |  | 26,354,979 |
Common stock equivalents |  | — |  |  | — |  |  | — |  |  | — |
Average number of common shares outstanding used to calculate diluted earnings per common share |  | 24,249,714 |  |  | 26,366,324 |  |  | 24,131,017 |  |  | 26,354,979 |
Earnings per common share |  |  |  |  |  |  |  |
Basic |  | $ | (0.08) |  |  | $ | — |  |  | $ | (0.13) |  |  | $ | 0.02 |
Diluted |  | $ | (0.08) |  |  | $ | — |  |  | $ | (0.13) |  |  | $ | 0.02 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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