EXHIBIT 11.1 Statement re computation of per share earnings

Earnings per share – basic, are based upon the Company’s weighted average number of common shares outstanding.

	2006		2005		2004
	(In thousands – except per share data)
Net Income	$8,739		$9,544		$4,810
Weighted average shares outstanding – basic	9,775		9,677		9,574
Shares issuable upon exercise of dilutive options	318		359		503
Less: shares assumed repurchased	(32	)	(78	)	(164	)
Weighted average shares outstanding – diluted	10,061		9,958		9,913
Earnings per share – basic	$.89		$0.99		$0.50
Earnings per share – diluted	$.87		$0.96		$0.49