Statement Regarding Computation of Per share Earnings (Unaudited) (in thousands except per share data) Three Months Ended Three Months Ended Year Ended Year Ended September 30, 1997 September 30, 1998 September 30, 1997 September 30, 1998 ------------------- -------------------- ------------------- ------------------- Basic Average Common Shares Outstanding 2248 4495 2221 4117 Net income available to common shareholders 13 (145) 657 412 Per Share Amount $ .01 $ (.03) $ .30 $ .10 Diluted Average Common Shares outstanding 2248 4495 2221 4117 Net effect of dilutive stock options based on the treasury stock method using the average market price 108 140 128 172 Assumed conversion of Preferred Shares 752 - 752 114 Total 3108 4635 3101 4403 Net income available to common shareholders $ 13 $ (145) $ 657 $ 412 Per share amount $ .00 $ (.03) $ .21 $ .09