STOCK BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Weighted Average Inputs and Assumptions

	June 30,		June 30,
	2024		2023
Grant date stock price and exercise price	$	—	$	12.03
Dividend yield		—		2.89	%
Expected stock price volatility		—		23.37	%
Risk-free interest rate		—		3.50	%
Expected option life in years		—		6
Total weighted-average fair value of options granted	$	—	$	2.42

Schedule of Stock Option Activity

A summary of stock option activity for the first six months of 2024 is presented below (Aggregate Intrinsic Value in thousands):

	Shares Subject to Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at beginning of year		137,500		$	13.86		2.1 years		—
Granted		—			—		—		—
Exercised		—			—		—		—
Forfeited or expired		(25,000	)		14.90		0.7 years		—
Outstanding on June 30, 2024		112,500		$	13.63		0.9 years	$	—
Exercisable on June 30, 2024		106,300		$	13.63		0.8 years	$	—

Schedule of Non-Vested Restricted Stock Activity

A summary of restricted stock activity for the six months ended June 30, 2024, is presented below:

	Shares			Weighted- Average Grant Date Fair Value		Average Remaining Contractual Term
Non-vested on January 1, 2024		13,400		$	12.97		3.9 years
Granted		—			—		—
Vested		(8,700	)		13.00		0.7 years
Forfeited		—			—		—
Non-vested on June 30, 2024		4,700		$	12.99		3.4 years

Schedule of Unrecognized Equity-Based Expense under 2017 Equity Incentive Plan

Year
2024	$	12
2025		22
2026		22
2027		13
2028		3
Totals	$	72