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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2024
EARNINGS PER SHARE  
Schedule of reconciliation of weighted average shares outstanding

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Three months ended

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Six months ended

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June 30, 

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June 30, 

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(in thousands)

    

2024

    

2023

    

2024

    

2023

    

Net income available for stockholders:

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$

5,585

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$

14,321

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$

10,182

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$

25,870

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Less: Adjustments for earnings attributable to participating securities

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(719)

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(343)

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(839)

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(616)

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Net income used in calculating earnings per share

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$

4,866

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$

13,978

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$

9,343

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$

25,254

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Weighted average shares outstanding (including participating securities)

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34,708

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34,458

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34,670

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34,419

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Adjustment for participating securities

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(886)

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(839)

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(883)

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(830)

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Shares used in calculating basic and diluted earnings per share

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33,822

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33,619

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33,787

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33,589

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