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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2023
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 months ended March 31, 2023 and 2022:


 
Three Months Ended March 31,
 
(in thousands, except share data)
 
2023
   
2022
 
             
Numerator:            
Net income
 
$
664
   
$
645
 
                 
Denominator:
               
                 
Basic weighted-average common shares outstanding
   
8,303,117
     
8,574,888
 
Dilutive effect of service-based restricted stock awards granted to Board of Directors under the Plan
    47,050       -  
Dilutive effect of service-based restricted stock awards granted to employees under the Plan
    -       5,294  
Diluted weighted-average common shares outstanding
   
8,356,166
     
8,580,182