EX-11 3 acnb-ex11_53373.txt EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE EXHIBIT 11 Statement Regarding the Computation of Earnings Per Share For the three month period ending March 31 ----------------------------- 2002 2001 ----------------------------- Weighted average shares outstanding: 5,436,101 5,436,165 Common Stock Common Stock Equivalents Stock Options 0 0 Stock Awards 0 0 ESOP Shares 0 0 Total Common Stock Equivalents 0 0 Total weighted average shares outstanding 5,436,101 5,436,165 Net Income $2,274,000 $2,028,000 Net Income Per Share .42(cent) .37(cent) Fully Diluted Income Per Share .42(cent) .37(cent) Page 13