EX-11 2 0002.txt EXHIBIT 11 Washington Trust Bancorp, Inc. Computation of Per Share Earnings For the Periods Ended September 30, 2000 and 1999
Three months ended September 30, 2000 1999 ---------------------------------------------------------------------------------------------------------------------- (In thousands, except per share amounts) Basic Diluted Basic Diluted ----------------- ----------------- ---------------- ---------------- Net income $3,744 $3,744 $2,502 $2,502 Share amounts: Average outstanding 11,992.5 11,992.5 11,897.3 11,897.3 Common stock equivalents - 113.7 - 188.4 ------------------------------------------------ ----------------- ---------------- ----------------- ---------------- Weighted average outstanding 11,992.5 12,106.2 11,897.3 12,085.7 ------------------------------------------------ ----------------- ---------------- ----------------- ---------------- Earnings per share $.31 $.31 $.21 $.21 ------------------------------------------------ ----------------- ---------------- ----------------- ---------------- Nine months ended September 30, 2000 1999 ---------------------------------------------------------------------------------------------------------------------- (In thousands, except per share amounts) Basic Diluted Basic Diluted ---------------- ----------------- ---------------- ----------------- Net income $9,568 $9,568 $9,020 $9,020 Share amounts: Average outstanding 11,969.2 11,969.2 11,863.3 11,863.3 Common stock equivalents - 133.1 - 226.6 ------------------------------------------------ ----------------- ---------------- ----------------- ---------------- Weighted average outstanding 11,969.2 12,102.3 11,863.3 12,089.9 ------------------------------------------------ ----------------- ---------------- ----------------- ---------------- Earnings per share $.80 $.79 $.76 $.75 ------------------------------------------------ ----------------- ---------------- ----------------- ----------------