EX-11 3 q201ex11.txt EXHIBIT 11 Q2-2001 EXHIBIT 11 Washington Trust Bancorp, Inc. Computation of Per Share Earnings For the Periods Ended June 30, 2001 and 2000
Three months ended June 30, 2001 2000 ---------------------------------------------------------------------------------------------------------------------- (In thousands, except per share amounts) Basic Diluted Basic Diluted --------------------------------------------------------------------- Net income $3,800 $3,800 $2,392 $2,392 Share amounts: Average outstanding 12,031.3 12,031.3 11,978.6 11,978.6 Common stock equivalents - 206.5 - 127.3 ---------------------------------------------------------------------------------------------------------------------- Weighted average outstanding 12,031.3 12,237.8 11,978.6 12,105.9 ---------------------------------------------------------------------------------------------------------------------- Earnings per share $.32 $.31 $.20 $.20 ----------------------------------------------------------------------------------------------------------------------
Six months ended June 30, 2001 2000 ---------------------------------------------------------------------------------------------------------------------- (In thousands, except per share amounts) Basic Diluted Basic Diluted --------------------------------------------------------------------- Net income $3,954 $3,954 $5,824 $5,824 Share amounts: Average outstanding 12,021.8 12,021.8 11,957.4 11,957.4 Common stock equivalents - 147.5 - 142.8 ---------------------------------------------------------------------------------------------------------------------- Weighted average outstanding 12,021.8 12,169.3 11,957.4 12,100.2 ---------------------------------------------------------------------------------------------------------------------- Earnings per share $.33 $.32 $.49 $.48 ----------------------------------------------------------------------------------------------------------------------