EX-11 4 0004.txt EXHIBIT 11 Washington Trust Bancorp, Inc. Computation of Per Share Earnings For the Periods Ended June 30, 2000 and 1999
Three months ended June 30, 2000 1999 --------------------------------------------------------------------------------------------------- (In thousands, except per share amounts) Basic Diluted Basic Diluted ------------------------------------------------------ Net income $2,392 $2,392 $3,345 $3,345 Share amounts: Average outstanding 11,978.6 11,978.6 11,879.9 11,879.9 Common stock equivalents - 127.3 - 217.1 -------------------------------------------------------- ------------------------------------------ Weighted average outstanding 11,978.6 12,105.9 11,879.9 12,097.0 --------------------------------------------------------------------------------------------------- Earnings per share $.20 $.20 $.28 $.28 --------------------------------------------------------------------------------------------------- Six months ended June 30, 2000 1999 --------------------------------------------------------------------------------------------------- (In thousands, except per share amounts) Basic Diluted Basic Diluted ------------------------------------------------------ Net income $5,824 $5,824 $6,518 $6,518 Share amounts: Average outstanding 11,957.4 11,957.4 11,846.1 11,846.1 Common stock equivalents - 142.8 - 246.0 --------------------------------------------------------------------------------------------------- Weighted average outstanding 11,957.4 12,100.2 11,846.1 12,092.1 --------------------------------------------------------------------------------------------------- Earnings per share $.49 $.48 $.55 $.54 ---------------------------------------------------------------------------------------------------