EX-11 2 ex11earningspershare.htm EX-11 EARNINGS PER SHARE Ex-11 Earnings Per Share


Three Months Ended March 31, 2007

Basic Earnings Per Share:
            
             
Net Income
  
$846,138.14
=
$0.57
    
Weighted Average Number of Common Shares
  
1,491,407
        
             
             
Diluted Earnings Per Share:
            
             
Net Income
  
$846,138.14
=
$846,138.14
=
$0.57
Weighted Average Number of Common Shares Adjusted for Effect of Outstanding Options
  
1,491,407 + 7,410
  
1,498,817