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**EXHIBIT      11**

**COMPUTATION      OF EARNINGS PER SHARE**

**(Dollars      in thousands, except share amounts)**

|                                                                                                                   |   | Three                MonthsEndedMarch                31,2007 |       | Six                MonthsEndedMarch                31,2007 |   |
|------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------|------------|------------------------------------------------------------|--------|
| (Loss)                income available to common stockholders                                                          |   | $                                                            | (317       | )                                                          | $      | 1,371 |   |
|                                                                                                                   |   |                                                         |       |                                                       |   |   |   |
| Weighted                average shares outstanding                                                                     |   |                                                         | 13,083,941 |                                                       |   | 13,086,165 |   |
|                                                                                                                   |   |                                                         |       |                                                       |   |   |   |
| Basic                (loss) earnings per share                                                                         |   | $                                                            | (0.02      | )                                                          | $      | 0.10 |   |
|                                                                                                                   |   |                                                         |       |                                                       |   |   |   |
| (Loss)                income for diluted earnings per share                                                            |   | $                                                            | (317       | )                                                          | $      | 1,371 |   |
|                                                                                                                   |   |                                                         |       |                                                       |   |   |   |
| Total                weighted average common shares and equivalents outstanding for diluted                computation |   |                                                         | 13,083,941 |                                                       |   | 13,802,232 |   |
|                                                                                                                   |   |                                                         |       |                                                       |   |   |   |
| Diluted                (loss) earnings per share                                                                       |   | $                                                            | (0.02      | )                                                          | $      | 0.10 |   |