EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2023

EARNINGS PER SHARE

Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

(Amounts in thousands, except earnings per share data)	Year ended December 31,
			(As Restated)
	2023		2022
Net income	$	6,596	$	7,064
Weighted-average common shares outstanding		5,010		5,000
Basic earnings per share		1.32		1.41
Weighted-average common shares outstanding	$	5,010	$	5,000
Common stock equivalents due to effect of stock options		8		9
Total weighted-average common shares and equivalents	$	5,018	$	5,009
Diluted earnings per share	$	1.31	$	1.41
Anti-dilutive stock options outstanding		1		1