EX-11 2 ex11pershareearnings.htm NORTHWAY FINANCIAL INC EX 11 PER SHARE EARNINGS Northway Financial Inc Ex 11 Per Share Earnings
 
 
 
 
Statement re computation of per Share Earnings
 
 
Three Months Ended March 31, 2006
 
Basic Earnings Per Share:
            
             
Net Income
  
$1,079,901.31
=
$0.72
    
Weighted Average Number of Common Shares
  
1,491,174
        
             
             
Diluted Earnings Per Share:
            
             
Net Income
  
$1,079,901.31
=
$1,079,901.31
=
$0.72
Weighted Average Number of Common Shares Adjusted for Effect of Outstanding Options
  
1,491,174 + 10,608
  
1,501,782