STATEMENT REGARDING COMPUTATION PER SHARE EARNINGS

     Earnings per share - basic and earnings per share - diluted have been
computed based on weighted average shares outstanding for 1997 of 1,875,451
shares.  Earnings per share for 1996 has been computed as if the 1,825,050
shares issued at March 29, 1996 had been outstanding for the full year.

                                  Exhibit 11