v3.25.2
Earnings (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2025
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
June 30, 2025
 
   
Earnings
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic Earnings Per Common Share:
                 
Net income
 
$
3,316
     
20,397
       
Less preferred stock dividends
   
(100
)
   
       
  Net income applicable to common shareholders
 
$
3,216
     
20,397
   
$
0.16
 
Diluted Earnings Per Common Share:
                       
Effect of Series D preferred stock
   
100
     
1,378
         
  Net income applicable to common shareholders
 
$
3,316
     
21,775
   
$
0.15
 

   
Three Months Ended
June 30, 2024
 
   
Loss
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Loss Per Common Share:
                 
Net loss
 
$
(684
)
   
20,400
       
Less preferred stock dividends
   
(100
)
   
       
  Net loss applicable to common shareholders
 
$
(784
)
   
20,400
   
$
(0.04
)

   
Six Months Ended
June 30, 2025
 
   
Earnings
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic Earnings Per Common Share:
                 
Net income
 
$
4,118
     
20,398
       
Less preferred stock dividends
   
(199
)
   
       
  Net income applicable to common shareholders
 
$
3,919
     
20,398
   
$
0.19
 
Diluted Earnings Per Common Share:
                       
Effect of Series D preferred stock
   
199
     
1,378
         
  Net income applicable to common shareholders
 
$
4,118
     
21,776
   
$
0.19
 
   
Six Months Ended
June 30, 2024
 
   
Loss
   
Weighted
Average Shares
(In thousands)
   
Per Share
Amount
 
Basic and Diluted Loss Per Common Share:
                 
Net loss
 
$
(2,682
)
   
20,401
       
Less preferred stock dividends
   
(199
)
   
       
  Net loss applicable to common shareholders
 
$
(2,881
)
   
20,401
   
$
(0.14
)