EX-11 2 exhibit11.txt PER SHARE EARNINGS COMPUTATION Exhibit 11. Computation Re: Earnings Per Share (amounts in thousands, except per share amounts) (unaudited)
------------------------------------------------ ----------------------------------------------- Three Months Ended, Six Months Ended, ------------------------ ----------------------- ------------------------ ---------------------- June 30, 2006 June 30, 2005 June 30, 2006 June 30, 2005 ------------------------ ----------------------- ----------------------- ----------------------- 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 $4,104 20,271 $0.20 $4,515 19,153 $0.24 $8,633 20,251 $0.43 $8,935 19,143 $0.47 ===== ===== ===== ===== Effect of Dilutive Shares Options issued to management 587 444 535 433 ------ ------ ------ ----- Diluted Earnings per Common Share $4,104 20,858 $0.20 $4,515 19,597 $0.23 $8,633 20,786 $0.42 $8,935 19,576 $0.46 ====== ====== ===== ====== ====== ===== ====== ====== ===== ====== ====== =====