EXHIBIT 11.1



STATEMENT OF COMPUTATION OF EARNINGS PER SHARE



|                                          |  |                                     |  |                                      |      |        |       |                   |   |     
|----------------------------------------- |  | ----------------------------------- |  | ------------------------------------ | ---- | ------ | ----- | ----------------- | - | ----
|                                          |  | Nine Months EndedSeptember 30, 2005 |  | Three Months EndedSeptember 30, 2005
|                                          |  | Shares                              |  | EarningsPer Share                    |      | Shares |       | EarningsPer Share
|                                          |  | (in Thousands)                      |  | (in Thousands)                      
|Basic Weighted Average Shares Outstanding |  | 7,144                               |  | $                                    | 0.93 |        | 7,144 |                   | $ | 0.32
|                                          |  |                                     |  |                                      |      |        |       |                   |   |     
|Diluted                                   |  |                                     |  |                                      |      |        |       |                   |   |     
|Average Shares Outstanding                |  | 7,144                               |  |                                      |      |        | 7,144 |                   |   |     
|Common Stock Equivalents                  |  | 30                                  |  |                                      |      |        | 28    |                   |   |     
|                                          |  |                                     |  |                                      |      |        |       |                   |   |     
|                                          |  | 7,174                               |  | $                                    | 0.93 |        | 7,172 |                   | $ | 0.31
|                                          |  |                                     |  |                                      |      |        |       |                   |   |     
|                                          |  |                                    
|                                          |  | Nine Months EndedSeptember 30, 2004 |  | Three Months EndedSeptember 30, 2004
|                                          |  | Shares                              |  | EarningsPer Share                    |      | Shares |       | EarningsPer Share
|                                          |  | (in Thousands)                      |  | (in Thousands)                      
|Basic Weighted Average Shares Outstanding |  | 7,130                               |  | $                                    | 0.84 |        | 7,135 |                   | $ | 0.29
|                                          |  |                                     |  |                                      |      |        |       |                   |   |     
|Diluted                                   |  |                                     |  |                                      |      |        |       |                   |   |     
|Average Shares Outstanding                |  | 7,130                               |  |                                      |      |        | 7,135 |                   |   |     
|Common Stock Equivalents                  |  | 24                                  |  |                                      |      |        | 24    |                   |   |     
|                                          |  |                                     |  |                                      |      |        |       |                   |   |     
|                                          |  | 7,154                               |  | $                                    | 0.84 |        | 7,159 |                   | $ | 0.29
|                                          |  |                                     |  |                                      |      |        |       |                   |   |     



All
per share data has been adjusted to reflect a 5-for-4 stock split effected as a 25% stock dividend on May 16, 2005.



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