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OUTSTANDING SHARES AND EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2024
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]  
Reconciliation of Basic and Diluted EPS
The following table presents a reconciliation of basic and diluted EPS for the three months ended March 31, 2024 and 2023 (dollars in thousands except per share amounts):

 
  
Three months ended
March 31,
  
 
  
2024
    
2023
  
Basic earnings per share:
            
Net income
  
$
4,276
    
$
5,489
  
 
                
Weighted average common shares outstanding
    
15,232,761
      
15,149,823
  
Basic EPS
  
$
0.28
    
$
0.36
  
 
                
Diluted earnings per share:
                
Net income
  
$
4,276
    
$
5,489
  
 
                
Weighted average common shares outstanding
    
15,232,761
      
15,149,823
  
Effect of dilutive shares
    
160,025
      
141,923
  
Adjusted weighted average common shares outstanding
    
15,392,786
      
15,291,746
  
Diluted EPS
  
$
0.28
    
$
0.36