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Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Common Share [Abstract]  
Reconciliation of Numerator and Denominator used in Earnings per Common Share Calculations

A reconciliation of the numerator and denominator of the income per common share calculations is as follows:

    For the Year Ended December 31, 2023  
    Income
   
Weighted
Average Shares
Outstanding
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Loss Per Common Share
                 
Net loss before preferred stock dividends
 
$
(171
)
   
20,404
     
-
 
Less preferred stock dividends
   
(399
)
   
         
Net loss applicable to common shareholders
 
$
(570
)
   
20,404
   
$
(0.03
)

   
For the Year Ended December 31, 2022
 
   
Income
   
Weighted
Average Shares
Outstanding
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Earnings Per Common Share
                 
Net income before preferred stock dividends
 
$
1,525
     
20,390
     
-
 
Less preferred stock dividends
   
(399
)
   
         
Net income applicable to common shareholders
 
$
1,126
     
20,390
   
$
0.06