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STOCK BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Share-Based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
 

Time-Based
RSUs

 

Targeted
Performance-Based
RSUs

 

Closing
Stock
Price

 

Vesting
Date

Balance at December 31, 2021

9,440

 

13,270

 

 

 

 

 

Forfeited

(1,685)

 

(4,325)

         

Exercised

(4,391)

 

(4,244)

 

$

17.18

 

12/31/2022

Balance at December 31, 2022

3,364

 

4,701

         

Forfeited

(516)

 

(923)

 

 

 

 

 

Exercised

(2,848)

 

(3,778)

 

$

10.48

 

12/31/2023

Balance at December 31, 2023

0

 

0

 

 

 

 

 

Share-Based Compensation Arrangements by Share-Based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]

Options

Closing
Stock
Price

Vesting
Date

Balance at December 31, 2021

-

 

 

 

 

 

Issued

40,577

$

21.20

4/11/2023

Issued

40,583

 

$

21.20

 

4/11/2024

Issued

40,583

$

21.20

4/11/2025

Balance at December 31, 2022

121,743

 

 

 

 

 

Issued

51,431

$

14.70

3/31/2024

Issued

51,431

 

$

14.70

 

3/31/2025

Issued

51,432

$

14.70

3/31/2026

Balance at December 31, 2023

276,037

 

 

 

 

 

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

2023 Grants

2022 Grants

Exercise Price

$

14.70

 

$

21.20

Risk-Free Rate of Interest

2.957%

1.515%

Expected Term (Years)

 

10

 

 

10

Expected Stock Price Volatility

20.7%

18.1%

Dividend Yield

 

2.83%

 

 

2.44%

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

Weighted

Average

Exercise Price

Weighted

Average

Remaining

Term (Years)

Aggregate

Intrinsic

Value

(in Thousands)

Number of

Shares

Outstanding as of December 31, 2021

-

 

$

-

 

-

 

$

-

  Granted

121,743

21.20

8.28

-

  Forfeited

-

 

 

-

 

-

 

 

-

Outstanding as of December 31, 2022

121,743

$

21.20

8.28

$

-

  Granted

154,294

 

 

14.70

 

9.25

 

$

-

  Forfeited

-

-

-

-

Outstanding as of December 31, 2023

276,037

 

$

17.57

 

8.82

 

$

-