OLM - 2008-07-15

I have some code that I have created for the Z80.  I am trying to use the BANK function.  The map file indicates that some of the code is placed at 0x11000 (_BANK1), however, in the actually HEX file the code is at 0x1000.  Any ideas what could be wrong?

Build:
--------------------Configuration: Banked - Debug--------------------
SDCC --use-stdout --no-std-crt0 -mz80 -c -o bank.rel ..\bank.c
..\bank.c:28:2: warning: no newline at end of file
as-z80 -plosgff bank.rel bank.asm
SDCC --use-stdout --codeseg BANK1 --no-std-crt0 -mz80 -c -o time_keep.rel ..\time_keep.c
as-z80 -plosgff time_keep.rel time_keep.asm
SDCC --use-stdout --debug -Wl-b_BANK1=0x011000 -mz80 --out-fmt-ihx bank.rel time_keep.rel
REN *.ihx Banked.hex
Banked.hex - 0 error(s), 1 warning(s)

Map:

AREA .  .ABS.
    RADIX HEX
    BASE 0000
    SIZE 0000
    ATTRIB ABS CON
    GLOBALS
        l__CABS    0000
        l__HEAP    0000
        l__OVERLAY    0000
        l__BSS    0000
        l__HOME    0000
        s__HEADER    0000
        l__GSINIT    0000
        l__GSFINAL    0001
        l__DATA    0003
        l__CODE    002F
        l__BANK1    0032
        l__HEADER    010C
        s__CODE    0200
        s__HOME    022F
        s__GSFINAL    022F
        s__GSINIT    022F
        s__DATA    8000
        s__CABS    8003
        s__HEAP    8003
        s__OVERLAY    8003
        s__BSS    8003
        s__BANK1    11000
AREA _CODE
    RADIX HEX
    BASE 0200
    SIZE 002F
    ATTRIB REL CON
    GLOBALS
        __clock    0200
        _exit    0204
        _main    020A
        _main_start    020A
        _main_end    022F
AREA _HEADER
    RADIX HEX
    BASE 0000
    SIZE 010C
    ATTRIB ABS CON
AREA _HOME
    RADIX HEX
    BASE 022F
    SIZE 0000
    ATTRIB REL CON
AREA _GSINIT
    RADIX HEX
    BASE 022F
    SIZE 0000
    ATTRIB REL CON
    GLOBALS
        gsinit    022F
AREA _GSFINAL
    RADIX HEX
    BASE 022F
    SIZE 0001
    ATTRIB REL CON
AREA _DATA
    RADIX HEX
    BASE 8000
    SIZE 0003
    ATTRIB REL CON
    GLOBALS
        _temp    8000
AREA _BSS
    RADIX HEX
    BASE 8003
    SIZE 0000
    ATTRIB REL CON
AREA _HEAP
    RADIX HEX
    BASE 8003
    SIZE 0000
    ATTRIB REL CON
AREA _OVERLAY
    RADIX HEX
    BASE 8003
    SIZE 0000
    ATTRIB REL CON
AREA _CABS
    RADIX HEX
    BASE 8003
    SIZE 0000
    ATTRIB REL CON
AREA _BANK1
    RADIX HEX
    BASE 11000
    SIZE 0032
    ATTRIB REL CON
    GLOBALS
        _time_tasks    11000
        _time_tasks_start    11000
        _time_keep    11020
        _time_keep_start    11020
        _time_tasks_end    11020
        _time_keep_end    11032
MODULES
    FILE C:\Program Files\Actel\SoftConsole v2.1\Sourcery-G++\bin\..\lib\z80\crt0.o
        NAME crt0
    FILE bank.rel
        NAME bank
    FILE time_keep.rel
        NAME time_keep
USERBASEDEF
    _CODE = 0x0200
    _DATA = 0x8000
    _BANK1=0x011000

Hex File:
:03000000C3000139
:02000800ED4DBC
:02001000ED4DB4
:02001800ED4DAC
:02002000ED4DA4
:02002800ED4D9C
:02003000ED4D94
:02003800ED4D8C
:0C01000031FFFFCD2F02CD0A02C3040224
:0A0200003E02CFC93E00CF7618FD84
:01022F00C905
:0E020A000100001E001C3E649330FAC5D5CDE5
:0E0218002010D1C13E669330EE0379D6B8783F
:09022600DE0B30E50BC30F02C929
:0E100000FD210080FDCB0026FDCB01163E2C0D
:0E100E00FD96003E00FD9E0130072A00802B5B
:0E101C00220080C9FD210280FD34003E64FDEB
:08102A0096003003CD0010C94F
:00000001FF