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Earnings (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 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
September 30, 2023
 
   
Income
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic Earnings Per Common Share:
                 
Net income
  $ 1,759       20,402
       
Less preferred stock dividends
    (100 )    
       
   Net income applicable to common shareholders
    1,659       20,402
   
0.08  
Diluted Earnings Per Common Share:                        
Effect of Series D preferred stock     100       1,378          
Net income applicable to common shareholders
  $ 1,759       21,780     $ 0.08  


   
Three Months Ended
September 30, 2022
 
    Loss    
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Loss Per Common Share:
                 
Net loss
  $ (684 )     20,389        
Less preferred stock dividends
    (100 )            
   Net loss applicable to common shareholders
  $ (784 )     20,389
    $ (0.04 )

   
Nine Months Ended
September 30, 2023
   
Income
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Earnings Per Common Share:
                 
Net income
  $ 2,057       20,405
     
 
Less preferred stock dividends
    (299 )    
         
Net income applicable to common shareholders
  $ 1,758       20,405
    $ 0.09  

   
Nine Months Ended
September 30, 2022
 
   
Income
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Earnings Per Common Share:
                 
Net income
  $ 479     20,390
     
 
Less preferred stock dividends
    (299 )    
         
Net income applicable to common shareholders
  $ 180     20,390
    $ 0.01