EXHIBIT 11.1

STATEMENT OF COMPUTATION OF EARNINGS PER SHARE

	Nine Months Ended September 30, 2004			Three Months Ended September 30, 2004
	Shares	Earnings Per Share		Shares	Earnings Per Share
	(in Thousands)			(in Thousands)
Basic Weighted Average Shares Outstanding	5,704	$	1.05	5,708	$	0.36
Diluted
Average Shares Outstanding	5,704			5,708
Common Stock Equivalents	19			20
	5,723	$	1.05	5,728	$	0.36
	Nine Months Ended September 30, 2003			Three Months Ended September 30, 2003
	Shares	Earnings Per Share		Shares	Earnings Per Share
	(in Thousands)			(in Thousands)
Basic Weighted Average Shares Outstanding	5,695	$	0.88	5,695	$	0.30
Diluted
Average Shares Outstanding	5,695			5,695
Common Stock Equivalents	25			25
	5,720	$	0.88	5,720	$	0.30