EX-11 2 dex11.htm EXHIBIT 11 EXHIBIT 11

Exhibit 11

STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE

 

     Year Ended
December 31, 2007

Income available to common stockholders

    $ 4,352,248

Weighted average shares outstanding

      4,975,542

Basic earnings per share

    $ 0.87

Income for diluted earnings per share

    $ 4,352,248

Total weighted average common shares and equivalents outstanding for diluted computation

      4,978,652

Diluted earnings per share

    $ 0.87