EX-11 3 exhibit110601.txt SECOND QTR. 6/01 Exhibit 11. Computation Re: Earnings Per Share (dollars in thousands, except per share amounts)
--------------------------------------------------- ---------------------------------------------------- Three Months Ended, Six Months Ended, --------------------------------------------------- ---------------------------------------------------- June 30, 2001 June 30, 2000 June 30, 2001 June 30, 2000 ----------------------- --------------------------- ------------------------- -------------------------- Weighted Per Weighted Per Weighted Per Weighted Per Average Share Average Share Average Share Average Share Income Shares Amount Income Shares Amount Income Shares Amount Income Shares Amount ------ -------- ------- ------- --------- ------- ------ -------- ------- ------- -------- ------- Basic Earnings per Common Share Income available to common shareholders $2,474 6,543 $0.38 $2,292 6,518 $0.35 $4,805 6,542 $0.73 $4,182 6,552 $0.64 ======= ======= ======= ======= Effect of Dilutive Shares Options issued to management 31 23 23 26 -------- --------- -------- -------- Diluted Earnings per Common Share $2,474 6,574 $0.38 $2,292 6,541 $0.35 $4,805 6,565 $0.73 $4,182 6,578 $0.64 ====== ======== ======= ======= ========= ======= ====== ======== ======= ======= ======== =======