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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
EARNINGS PER SHARE [Abstract]  
Computation of Basic and Diluted EPS
The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2024 and 2023:


 
Three Months Ended March 31,
 
(in thousands, except share data)
 
2024
   
2023
 
             
Numerator:            
Net income
 
$
525
   
$
664
 
                 
Denominator:
               
                 
Basic weighted-average common shares outstanding
   
8,400,354
     
8,303,117
 
Dilutive effect of service-based restricted stock awards granted to Board of Directors under the Plans
    5,108       47,050  
Dilutive effect of service-based restricted stock awards granted to employees under the Plans
    94,892       -  
Diluted weighted-average common shares outstanding
   
8,500,354
     
8,350,166
 
Basic earnings per share
  $ 0.06     $ 0.08  
Diluted earnings per share
  $ 0.06     $ 0.08