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Earnings (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings (Loss) Per Common Share [Abstract]  
Reconciliation of Numerator and Denominator used in Earnings (Loss) per Common Share Calculations

A reconciliation of the numerator and denominator used in the earnings (loss) per common share calculations is as follows:


   
Three Months Ended
June 30, 2023
 
   
Income
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic Earnings Per Common Share:
                 
Net income
  $ 1,744       20,404
       
Less preferred stock dividends
    (100 )    
       
   Net income applicable to common shareholders
    1,644       20,404
   
0.08  
Diluted Earnings Per Common Share:                        
Effect of Series D preferred stock     100       1,378          
Net income applicable to common shareholders
  $ 1,744       21,782     $ 0.08  


   
Three Months Ended
June 30, 2022
 
    Income    
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Loss Per Common Share:
                 
Net loss
  $ (1,679 )     20,402        
Less preferred stock dividends
    (100 )            
   Net loss applicable to common shareholders
  $ (1,779 )     20,402
    $ (0.09 )

   
Six Months Ended
June 30, 2023
   
Income
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Earnings Per Common Share:
                 
Net income
  $ 298       20,406
     
 
Less preferred stock dividends
    (199 )    
         
Net income applicable to common shareholders
  $ 99       20,406
    $  

   
Six Months Ended
June 30, 2022
 
   
Income
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Earnings Per Common Share:
                 
Net income
  $ 1,163     20,391
     
 
Less preferred stock dividends
    (199 )    
         
Net income applicable to common shareholders
  $ 964     20,391
    $ 0.05