|                                             |   | Three      months ended |      |   | Three      months ended |   |      | Nine      months ended  |   |   | Nine      months ended  |   |
|--------------------------------------------------|--------|-------------------------|-----------|--------|-------------------------|--------|-----------|-------------------------|--------|--------|-------------------------|--------|
|                                             |   | September      30, 2008 |      |   | September      30, 2007 |   |      | September      30, 2008 |   |   | September      30, 2007 |   |
|                                             |   |                    |      |   |                    |   |      |                    |   |   |                    |   |
| Income      available to common stockholders     |   | $                       | 77,543    |   |                    | $      | 30,670    |                    |   | $      | 88,728                  |   |   | $ | 416,098 |   |
|                                             |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
| Weighted      average shares outstanding         |   |                    | 2,664,658 |   |                    |   | 2,655,047 |                    |   |   | 2,663,349               |   |   |   | 2,663,209 |   |
|                                             |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
| Basic      earnings per share                    |   | $                       | 0.03      |   |                    | $      | 0.01      |                    |   | $      | 0.03                    |   |   | $ | 0.16 |   |
|                                             |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
| Income      for diluted earnings per share       |   | $                       | 77,543    |   |                    | $      | 30,670    |                    |   | $      | 88,728                  |   |   | $ | 416,098 |   |
|                                             |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
| Total      weighted average common shares        |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
|   and      equivalents outstanding for |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
|   diluted      computation             |   |                    | 2,664,658 |   |                    |   | 2,655,047 |                    |   |   | 2,663,349               |   |   |   | 2,663,209 |   |
|                                             |   |                    |      |   |                    |   |      |                    |   |   |                    |   |   |   |   |   |
| Diluted      earnings per share                  |   | $                       | 0.03      |   |                    | $      | 0.01      |                    |   | $      | 0.03                    |   |   | $ | 0.16 |   |