<DOCUMENT>
<TYPE>EX-11.1
<SEQUENCE>5
<FILENAME>doc2.txt
<TEXT>
    EXHIBIT (11.1)----STATEMENT RE:  COMPUTATION OF DILUTED EARNINGS PER SHARE

Diluted  earnings  per  share computations assume the exercise of stock purchase
warrants  and  options  to  purchase  shares of common stock. The shares assumed
exercised  are  based  on  the  weighted  average number of warrants and options
outstanding  during the period and only include those warrants and options whose
average  share  price  during the period exceeds its related exercise price. The
net additional shares issuable are calculated based on the treasury stock method
and  are  added  to the weighted average number of shares outstanding during the
period.

<TABLE>
<CAPTION>
DILUTED EARNINGS PER SHARE FOR THE PERIOD ENDED MARCH 31, 2002         Three Months
--------------------------------------------------------------         ------------
<S>                                                                    <C>
Actual net income (A)                                                  $ 3,606,089
                                                                        ==========

Assumed exercise of stock options and warrants                              92,700
Application of assumed proceeds ($882,588) toward
  repurchase of outstanding common stock at an average
  market price of $18.901                                                  (46,695)
                                                                        ----------
Net additional shares issuable                                              46,005
                                                                        ==========

Adjustment of shares outstanding:
  Weighted average common shares outstanding                             8,927,546
  Net additional shares issuable                                            46,005
                                                                        ----------
  Adjusted shares outstanding (B)                                        8,973,551
                                                                        ==========
Net income per common share (A) divided by (B)                         $      0.40
                                                                        ==========


DILUTED EARNINGS PER SHARE FOR THE PERIOD ENDED MARCH 31, 2001         Three Months
--------------------------------------------------------------         ------------
<S>                                                                    <C>
Actual net income (A)                                                  $ 2,638,856
                                                                        ==========

Assumed exercise of stock options and warrants                             145,057
Application of assumed proceeds ($843,870) toward
  repurchase of outstanding common stock at an average
  market price of $8.478                                                   (99,536)
                                                                        ----------
Net additional shares issuable                                              45,521
                                                                        ==========

Adjustment of shares outstanding:
  Weighted average common shares outstanding                             8,473,567
  Net additional shares issuable                                            45,521
                                                                        ----------
  Adjusted shares outstanding (B)                                        8,519,088
                                                                        ==========
Net income per common share (A) divided by (B)                         $      0.31
                                                                        ==========
</TABLE>

</TEXT>
</DOCUMENT>
