EX-11 2 l84958aex11.txt EXHIBIT 11 1 UNITED COMMUNITY FINANCIAL CORP. EXHIBIT 11 ----------
COMPUTATIONS OF EARNINGS PER COMMON SHARE Three Months Ended Nine Months Ended September 30, September 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 $ 3,089 $ (1,942) $ 9,161 $ 8,485 Weighted average common shares outstanding 33,252 34,046 33,205 33,934 -------------- ------------- ----------- ----------- Basic earnings per share $ 0.09 $ (0.06) $ 0.27 $ 0.25 ============== ============= =========== =========== DILUTED EARNINGS PER SHARE: Net income applicable to common stock $ 3,089 $ (1,942) $ 9,161 $ 8,485 Weighted average common shares outstanding 33,252 34,046 33,205 33,934 Dilutive effect of restricted stock 841 353 859 119 -------------- ------------- ----------- ----------- Weighted average common shares outstanding 34,093 34,399 34,064 34,053 for dilutive computation -------------- ------------- ----------- ----------- Diluted earnings per share $ 0.09 $ (0.06) $ 0.27 $ 0.25 ============== ============= =========== ===========