Earnings (Loss) Per Common Share

9 Months Ended

Sep. 30, 2025

Earnings (Loss) Per Common Share [Abstract]

Earnings (Loss) Per Common Share

Note 9. Earnings (Loss) Per Common Share

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

	Three Months Ended September 30, 2025
	Earnings			Weighted Average Shares (In thousands)			Per Share Amount
Basic and Diluted Earnings Per Common Share:
Net income	$	577			20,397
Less preferred stock dividends		(100	)		—
Net income applicable to common shareholders	$	477			20,397	$	0.02

	Three Months Ended September 30, 2024
	Loss			Weighted Average Shares (In thousands)			Per Share Amount
Basic and Diluted Loss Per Common Share:
Net loss	$	(1,998	)		20,400
Less preferred stock dividends		(100	)		—
Net loss applicable to common shareholders	$	(2,098	)		20,400	$	(0.10	)

	Nine Months Ended September 30, 2025
	Earnings			Weighted Average Shares (In thousands)		Per Share Amount
Basic and Diluted Earnings Per Common Share:
Net income	$	4,695			20,398
Less preferred stock dividends		(299	)		—
Net income applicable to common shareholders	$	4,396			20,398	$	0.22

	Nine Months Ended September 30, 2024
	Loss			Weighted Average Shares (In thousands)		Per Share Amount
Basic and Diluted Loss Per Common Share:
Net loss	$	(4,680	)		20,401
Less preferred stock dividends		(299	)		—
Net loss applicable to common shareholders	$	(4,979	)		20,401	$	(0.24	)

The assumed conversion of the Company’s Series D preferred stock was excluded from the earnings (loss) per common share calculation, since its impact would have been antidilutive.