Exhibit 11.0

PAMRAPO BANCORP, INC. AND SUBSIDIARIES

STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE

	Three Months Ended June 30, 2005		Six Months Ended June 30, 2005
Income available to common stockholders	$	1,965,649	$	3,948,751
Weighted average shares outstanding		4,975,542		4,975,396
Basic earnings per share	$	0.40	$	0.79
Income for diluted earnings per share	$	1,965,649	$	3,948,751
Total weighted average common shares and equivalents outstanding for diluted computation		4,987,476		4,988,274
Diluted earnings per share	$	0.39	$	0.79