EXHIBIT 11
COMPUTATION OF EARNINGS PER SHARE
(In thousands, except share data)
(Unaudited)
	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2008		2007		2008		2007
Earnings  per common share - basic
Net income	$	621	$	764	$	1,307	$	1,907
Weighted average common shares outstanding		2,468,988		2,490,045		2,473,422		2,497,666
Earning  per common share	$	0.25	$	0.31	$	0.53	$	0.76
Earnings  per common share – diluted
Net income	$	621	$	764	$	1,307	$	1,907
Weighted average common shares outstanding – basic		2,468,988		2,490,045		2,473,422		2,497,666
Effect of dilutive securities - stock options and unvested restricted stock		29,571		69,462		34,144		72,104
Weighted average shares outstanding – diluted		2,498,559		2,559,507		2,507,566		2,569,770
Earning  per common share	$	0.25	$	0.30	$	0.52	$	0.74