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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2022
EARNINGS PER SHARE [Abstract]  
Computation of Basic and Diluted EPS
The following table sets forth the computation of basic and diluted EPS for the three and nine months ended September 30, 2022 and 2021:

 
Three Months Ended September 30,
    Nine Months Ended September 30,
 
(in thousands, except share data)
 
2022
   
2021
   
2022
   
2021
 
                         
Numerator:                        
Net income (loss)
 
$
723
   
$
(16
)
  $ 779     $ 1,269  
                                 
Denominator:
                               
                                 
Basic weighted-average common shares ouststanding
   
8,235,610
     
8,663,921
      8,361,959       8,712,939  
Dilutive effect of service-based restricted stock awards granted to Board of Directors under the Plan
    8,858       -       7,208       5,129  
Dilutive effect of service-based restricted stock awards granted to employees under the Plan
    28,089
      -
      14,391
      -
 
Diluted weighted-average common shares outstanding
   
8,272,557
     
8,663,921
      8,383,558       8,718,068  
                                 
Net income (loss) per common share:
                               
Basic
  $ 0.09     $ -     $ 0.09     $ 0.15  
Diluted
  $ 0.09     $ -     $ 0.09     $ 0.15  

(1)  For the three months ended September 30, 2022, there were 178 shares excluded from the diluted EPS calculation, because the impact of their assumed vesting would be anti-dilutive. For the three months ended September 30, 2021, there were 15,326 shares excluded from the diluted EPS calculation, because the impact of their assumed vesting would be anti-dilutive due to a net loss in that period.