Exhibit 11.0

COMPUTATION OF EARNINGS PER SHARE

	Three months ended		Three months ended
	March 31, 2012		March 31, 2011
Income available to common stockholders	$	4,593,888	$	36,014
Weighted average shares outstanding		2,675,410		2,670,143
Basic earnings per share	$	1.72	$	0.01
Income for diluted earnings per share	$	4,593,888	$	36,014
Total weighted average common shares and equivalents outstanding for diluted computation		2,675,410		2,670,143
Diluted earnings per share	$	1.72	$	0.01