EX-11 3 ex11.txt COMPUTATION OF PER SHARE EARNINGS EXHIBIT 11
PEOPLES BANCORP INC. AND SUBSIDIARIES Computation of Earnings Per Share For the Three Months For the Six Months (dollars in thousands, except share data) Ended June 30, Ended June 30, --------------------------- ---------------------------- 2001 2000 2001 2000 ------------ ----------- ---------------------------- BASIC EARNINGS PER SHARE EARNINGS: Net income $3,005 $2,700 $5,601 $5,561 AVERAGE SHARES OUTSTANDING: Weighted average Common Shares outstanding 6,571,387 6,515,837 6,551,796 6,520,208 ------------------------------------------------------------------------------------------------------------------------ ======================================================================================================================== BASIC EARNINGS PER SHARE $0.46 $0.41 $0.85 $0.85 ======================================================================================================================== DILUTED EARNINGS PER SHARE EARNINGS: Net income $3,005 $2,700 $5,601 $5,561 AVERAGE SHARES OUTSTANDING: Weighted average Common Shares outstanding 6,571,387 6,515,837 6,551,796 6,520,208 Net effect of the assumed exercise of stock options based on the treasury stock method 96,913 84,415 92,397 95,075 ------------------------------------------------------------------------------------------------------------------------ Total 6,668,300 6,600,252 6,644,193 6,615,283 ------------------------------------------------------------------------------------------------------------------------ ======================================================================================================================== DILUTED EARNINGS PER SHARE $0.45 $0.41 $0.84 $0.84 ========================================================================================================================