EX-11 3 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

 

     Years ended December 31,
     2004
    2003
    2002

Earnings per Share Information:

                 

Weighted average number of shares outstanding during the year

      3,778,101    3,852,935    3,890,891

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

      3,879,478    3,962,134    3,974,818

Net earnings

    $ 5,828,620    5,925,997    5,789,111

Earnings per share - basic

    $ 1.54    1.54    1.49

Earnings per share - diluted

    $ 1.50    1.50    1.46