Exhibit 11. Statement Regarding Computation of Per Share Earnings
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Year Ended Year Ended
June 30, 2000 June 30, 1999
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EQUIVALENT SHARES:
Weighted Average Shares Outstanding 2,739,966 2,710,117
Total Diluted Shares 2,753,593 2,794,544
Net Income $ 3,209,722 $ 2,410,452
Less Preferred Stock Dividend - 25,667
Income Available to Common Stockholders $ 3,209,722 $ 2,384,785
Basic Earnings Per Share $ 1.17 $ 0.88
Diluted Earnings Per Share $ 1.17 $ 0.86
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