EX-11 2 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

 

    

Three Months Ended

March 31,

     2004
    2003

Earnings per Share Information:

              

Weighted average number of shares outstanding during the period

      3,798,866      3,914,174

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

      3,920,211      4,014,405

Net earnings

    $ 1,558,215    $ 1,339,128

Earnings per share - basic

    $ 0.41    $ 0.34

Earnings per share - diluted

    $ 0.40    $ 0.33