Exhibit 11

COMPUTATION OF PER SHARE EARNINGS



|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|------------------------------------------- |  | -------------------------------------------- | --------- | -------------------------------------------- | ---- | - | --------- |  | - | --------- | - |  | - | ---------
|                                            |  | Three Months EndedSeptember 30,              |           | Nine Months EndedSeptember 30,              
|                                            |  | 2008                                         |           |                                              | 2007 |   | 2008      |  |   | 2007     
|                                            |  | (Dollars in thousands, exceptper share data) |           | (Dollars in thousands, exceptper share data)
|                                            |  | (unaudited)                                  |           | (unaudited)                                 
|Net (Loss) Income                           |  | $                                            | (2,674    | )                                            |      | $ | 921       |  | $ | (748      | ) |  | $ | 2,610    
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|Weighted Average Shares Outstanding         |  |                                              | 2,663,545 |                                              |      |   | 2,748,336 |  |   | 2,660,035 |   |  |   | 2,755,340
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|Basic (Loss) Earnings Per Share             |  | $                                            | (1.00     | )                                            |      | $ | 0.34      |  | $ | (0.28     | ) |  | $ | 0.95     
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|Net (Loss) Income                           |  | $                                            | (2,674    | )                                            |      | $ | 921       |  | $ | (748      | ) |  | $ | 2,610    
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|Weighted Average Shares Outstanding         |  |                                              | 2,663,545 |                                              |      |   | 2,748,336 |  |   | 2,660,035 |   |  |   | 2,755,340
|Net Effect of Dilutive Stock Options        |  |                                              |          |                                              |      |   | 16,021    |  |   |          |   |  |   | 15,372   
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|Weighted Average Diluted Shares Outstanding |  |                                              | 2,663,545 |                                              |      |   | 2,764,357 |  |   | 2,660,035 |   |  |   | 2,770,712
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |          
|Diluted (Loss) Earnings Per Share           |  | $                                            | (1.00     | )                                            |      | $ | 0.33      |  | $ | (0.28     | ) |  | $ | 0.94     
|                                            |  |                                              |           |                                              |      |   |           |  |   |           |   |  |   |