EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings per share:

Schedule of Earning Per Share

	Three Months Ended June 30,
(dollars in thousands, except for earnings per common share amounts)	2024			2023
Net (loss) income	$	1,505		$	104
Less: convertible preferred stock dividends		—			(57	)
Less: earnings allocated to participating securities		(1	)		(1	)
Net income allocated to common shareholders	$	1,504		$	46
Basic weighted average common shares outstanding - Voting		6,468			3,473
Basic weighted average common shares outstanding - Non-Voting		820			—
Diluted weighted average common shares outstanding - Voting		6,468			3,478
Diluted weighted average common shares outstanding - Non-Voting		820			—
Basic earnings per common share - Voting	$	0.21		$	0.01
Basic earnings per common share - Non-Voting	$	0.21			—
Diluted earnings per common share - Voting	$	0.21		$	0.01
Diluted earnings per common share - Non-Voting	$	0.21			—

	Six Months Ended June 30,
(dollars in thousands, except for earnings per common share amounts)	2024			2023
Net (loss) income	$	(34	)	$	549
Less: convertible preferred stock dividends		—			(114	)
Less: earnings allocated to participating securities		—			(4	)
Net income allocated to common shareholders	$	(34	)	$	431
Basic weighted average common shares outstanding - Voting		5,440			3,473
Basic weighted average common shares outstanding - Non-Voting		820			—
Diluted weighted average common shares outstanding - Voting		5,440			3,478
Diluted weighted average common shares outstanding - Non-Voting		820			—
Basic earnings per common share - Voting	$	(0.01	)	$	0.12
Basic earnings per common share - Non-Voting	$	(0.01	)		—
Diluted earnings per common share - Voting	$	(0.01	)	$	0.12
Diluted earnings per common share - Non-Voting	$	(0.01	)		—