EX-11 4 dex11.htm COMPUTATION OF PER SHARE EARNINGS Computation of Per Share Earnings

Exhibit 11

 

MIDWESTONE FINANCIAL GROUP

AND SUBSIDIARIES

STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS

 

     2003

   2002

   2001

Earnings per Share Information:

                

Weighted average number of shares outstanding during the year

     3,852,935    3,890,891    3,951,271

Weighted average number of shares outstanding during the year including all dilutive potential shares

     3,962,134    3,974,818    3,986,156

Net earnings

   $ 5,925,997    5,789,111    4,355,664

Earnings per share - basic

   $ 1.54    1.49    1.10

Earnings per share - diluted

   $ 1.50    1.46    1.09