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Exhibit 11.0          Statement re: Computation of Per Share Earnings (Unaudited)

Earnings per share were computed as follows (dollar amounts in thousands except share data):

|                                        |                                                                 |  |                   |       |  |        |  |           |        |  |   |      | 
|--------------------------------------- | --------------------------------------------------------------- |  | ----------------- | ----- |  | ------ |  | --------- | ------ |  | - | ---- | 
|                                        |                                                                 |  | Weighted          |      
|                                        |                                                                 |  | Average Per Share |      
|                                        |                                                                 |  |                   |      
|                                        |                                                                 |  | Income            |       |  | Shares |  |           | Amount | 
|                                        |                                                                 |  |                   |       |  |        |  |           |        | 
|For the six months ended June 30, 2003: |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|Basic Earnings per Share:               |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|                                        | Income available to common stockholders                         |  | $                 | 1,463 |  |        |  | 1,461,537 |        |  | $ | 1.00 | 
|Effect of Dilutive Securities:          |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|                                        | Stock options                                                   |  |                   |       |  |        |  | 141,484   |        |  |   |      | 
|                                        |                                                                 |  |                   |       |  |        |  |           |        |  |  
|Diluted Earnings per Share:             |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|                                        | Income available to common stockholders and
assumed conversions |  | $                 | 1,463 |  |        |  | 1,603,021 |        |  | $ | 0.91 | 
|                                        |                                                                 |  |                   |       |  |        |  |           |       
|For the six months ended June 30, 2002: |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|Basic Earnings per Share:               |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|                                        | Income available to common stockholders                         |  | $                 | 1,397 |  |        |  | 1,470,907 |        |  | $ | 0.95 | 
|Effect of Dilutive Securities:          |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|                                        | Stock options                                                   |  |                   |       |  |        |  | 118,723   |        |  |   |      | 
|                                        |                                                                 |  |                   |       |  |        |  |           |        |  |  
|Diluted Earnings per Share:             |                                                                 |  |                   |       |  |        |  |           |        |  |   |     
|                                        | Income available to common stockholders and
assumed conversions |  | $                 | 1,397 |  |        |  | 1,589,630 |        |  | $ | 0.88 | 
|                                        |                                                                 |  |                   |       |  |        |  |           |       

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|                                          |                                                                 |  |                   |     |  |        |  |           |        |  |   |      | 
|----------------------------------------- | --------------------------------------------------------------- |  | ----------------- | --- |  | ------ |  | --------- | ------ |  | - | ---- | 
|                                          |                                                                 |  | Weighted          |    
|                                          |                                                                 |  | Average Per Share |    
|                                          |                                                                 |  |                   |    
|                                          |                                                                 |  | Income            |     |  | Shares |  |           | Amount | 
|                                          |                                                                 |  |                   |     |  |        |  |           |        | 
|For the three months ended June 30, 2003: |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|Basic Earnings per Share:                 |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|                                          | Income available to common stockholders                         |  | $                 | 721 |  |        |  | 1,466,422 |        |  | $ | 0.49 | 
|Effect of Dilutive Securities:            |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|                                          | Stock options                                                   |  |                   |     |  |        |  | 139,703   |        |  |   |      | 
|                                          |                                                                 |  |                   |     |  |        |  |           |        |  |  
|Diluted Earnings per Share:               |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|                                          | Income available to common stockholders and
assumed conversions |  | $                 | 721 |  |        |  | 1,606,125 |        |  | $ | 0.45 | 
|                                          |                                                                 |  |                   |     |  |        |  |           |       
|For the three months ended June 30, 2002: |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|Basic Earnings per Share:                 |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|                                          | Income available to common stockholders                         |  | $                 | 692 |  |        |  | 1,476,678 |        |  | $ | 0.47 | 
|Effect of Dilutive Securities:            |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|                                          | Stock options                                                   |  |                   |     |  |        |  | 121,253   |        |  |   |      | 
|                                          |                                                                 |  |                   |     |  |        |  |           |        |  |  
|Diluted Earnings per Share:               |                                                                 |  |                   |     |  |        |  |           |        |  |   |     
|                                          | Income available to common stockholders and
assumed conversions |  | $                 | 692 |  |        |  | 1,597,931 |        |  | $ | 0.43 | 
|                                          |                                                                 |  |                   |     |  |        |  |           |       

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