. . . EXHIBIT 11 COMPUTATION OF PER SHARE EARNINGS Year Ended December 31, ------------------------ 2007 2006 2005 ------ ------ ------ (In thousands, except per share data) BASIC Net Income $ 724 $2,096 $3,073 / Weighted Average Shares 3,833 4,014 3,822 Basic Earnings Per Share $ 0.19 $ 0.52 $ 0.80 ====== ====== ====== DILUTED Net Income $ 724 $2,096 $3,073 / Weighted Average Shares 3,875 4,081 3,920 Diluted Earnings Per Share $ 0.19 $ 0.51 $ 0.78 ====== ====== ====== Per share data has been retroactively adjusted for stock dividend. Notes: - - Where applicable, diluted share computations include the effects of outstanding stock options.