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**EXHIBIT        11**

**COMPUTATION        OF EARNINGS PER SHARE**

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

|                                                                                                                                        |   | Three                  Months |       | Nine                  Months |   |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------|------------|------------------------------|--------|
|                                                                                                                                        |   | Ended                         |       |  Ended                  |   |
|                                                                                                                                        |   | June                  30,     |       | June                  30,    |   |
|                                                                                                                                        |   | 2007                          |       | 2007                         |   |
| Income                  available to common stockholders                                                                                    |   | $                             | 1,210      |                         | $      | 2,581 |   |
|                                                                                                                                        |   |                          |       |                         |   |   |   |
| Weighted                  average shares outstanding                                                                                        |   |                          | 13,057,122 |                         |   | 13,017,562 |   |
|                                                                                                                                        |   |                          |       |                         |   |   |   |
| Basic                  earnings per share                                                                                                   |   | $                             | 0.09       |                         | $      | 0.20 |   |
|                                                                                                                                        |   |                          |       |                         |   |   |   |
| Income                  for diluted earnings per share                                                                                      |   | $                             | 1,210      |                         | $      | 2,581 |   |
| Total                  weighted average common shares and equivalents outstanding for                  diluted                  computation |   |                          | 13,187,326 |                         |   | 13,147,766 |   |
|                                                                                                                                        |   |                          |       |                         |   |   |   |
| Diluted                  earnings per share                                                                                                 |   | $                             | 0.09       |                         | $      | 0.20 |   |