Exhibit 11

	Three Months Ended June 30, 2007		Six Months Ended June 30, 2007
Income available to common stockholders	$	1,153,505	$	2,379,237
Weighted average shares outstanding		4,975,542		4,975,542
Basic earnings per share	$	0.23	$	0.48
Income for diluted earnings per share	$	1,153,505	$	2,379,237
Total weighted average common shares and equivalents outstanding for diluted computation		4,979,330		4,980,343
Diluted earnings per share	$	0.23	$	0.48