Three Months Ended               Nine Months Ended
                                        September 30                    September 30
                                    1998            1997             1998           1997
Basic:

Average shares
  outstanding                     18,318,644       18,129,647      18,304,493    18,121,209

Net earnings applicable 
  to common stock and 
  common stock 
  equivalents                     $   929,000     $(3,337,000)    $11,520,000    $6,468,000

Basic earnings per share                $0.05          $(0.18)          $0.63         $0.36


Diluted:
  Average shares
  outstanding                      18,318,644      18,129,647      18,304,493    18,121,209

Net effect of dilutive 
  stock options based on
  treasury stock method
  using the average 
  market price to  
  common stock and 
  common stock    
  equivalents                          76,385          89,624         106,353        67,504 

Average number of common
  shares and common
  equivalent shares                18,395,029      18,219,271      18,410,846    18,188,713

Net earnings applicable 
  to common stock and
  common stock 
  equivalents                     $   929,000     $(3,337,000)    $11,520,000    $6,468,000

Diluted earnings
  per share                             $0.05          $(0.18)          $0.63         $0.36