EX-11 4 ex11.txt EXHIBIT 11 1 UNITED COMMUNITY FINANCIAL CORP. EXHIBIT 11
COMPUTATIONS OF EARNINGS PER COMMON SHARE Three Months Ended Six Months Ended June 30, June 30, ------------------------------- -------------------------- 2000 1999 2000 1999 ------------- ------------ ---------- ---------- (In thousands, (In thousands, except per share data) except per share data) BASIC EARNINGS PER SHARE: Net income applicable to common stock $ 2,970 $ 5,302 $ 6,072 $ 10,427 Weighted average common shares outstanding 32,904 33,898 32,914 33,878 ------------- ------------ ---------- ---------- Basic earnings per share $ 0.09 $ 0.16 $ 0.18 $ 0.31 ============= ============ ========== ========== DILUTED EARNINGS PER SHARE: Net income applicable to common stock $ 2,970 $ 5,302 $ 6,072 $ 10,427 Weighted average common shares outstanding 32,904 33,898 32,914 33,878 Dilutive effect of restricted stock 538 - 525 - ------------- ------------ ---------- ---------- Weighted average common shares outstanding for dilutive computation 33,442 33,898 33,439 33,878 ------------- ------------ ---------- ---------- Diluted earnings per share $ 0.09 $ 0.16 $ 0.18 $ 0.31 ============= ============ ========== ==========