EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2026

Earnings Per Share [Abstract]

Schedule of Calculation of Basic Earnings Per Share

The calculation of basic earnings per share for the three and six month periods ended June 30, 2026 and 2025 is shown below (in thousands, except share and per share data):

	For the Three Months Ended				For the Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Net income (loss)	$	8,810	$	(6,452)	$	18,009	$	(429)
(Less) allocation of earnings & dividends to participating securities	(122)		96		(238)		6
Net income (loss) available to common shareholders	$	8,688	$	(6,356)	$	17,771	$	(423)
Weighted average common shares outstanding	4,837,694		4,808,078		4,830,485		4,798,462
(Less) participating securities	(67,278)		(71,689)		(63,852)		(64,817)
Weighted average number of shares outstanding used in the calculation of basic earnings per share	4,770,416		4,736,389		4,766,633		4,733,645
Basic earnings (loss) per common share	$	1.82	$	(1.35)	$	3.73	$	(0.09)