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Exhibit 11
STATEMENT OF COMPUTATION OF PER SHARE EARNINGS
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Six Months Ended June 30,
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2000 1999
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<S> <C> <C>
Net Income 959 373
Less dividends on preferred stock (12) (12)
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Net Income available to common
stockholders 947 361
Average shares outstanding - both basic
and diluted 668,360 668,360
Earnings per share - Basic and diluted $1.42 $0.54
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