EX-11 2 hb_10q0630ex11.htm STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS hb_10q0630ex11.htm
EXHIBIT 11

STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(Dollar amounts in thousands, except share per share data)

   
Three Months Ended
    
Six Months Ended
  
   
June 30, 2007
    
June 30, 2006
    
June 30, 2007
    
June 30, 2006
  
 
 
1.  Net income
   $
2,016
     $
1,834
     $
3,860
     $
3,283
  
 
 
2.  Weighted average common shares outstanding
    
3,200,259
      
3,183,870
      
3,197,300
      
3,163,159
  
 
 
3.  Common stock equivalents due to dilutive effect of stock options
    
43,278
      
25,424
      
44,224
      
42,621
  
 
 
4.  Total weighted average common shares and equivalents outstanding
    
3,243,537
      
3,209,294
      
3,241,524
      
3,205,780
  
 
 
5.  Basic earnings per share
   $
.63
     $
.58
     $
1.21
     $
1.04
  
 
 
6.  Diluted earnings per share
   $
.62
     $
.57
     $
1.19
     $
1.02