EX-11 2 g69803ex11.txt COMPUTATION OF PER SHARE EARNINGS 1 EXHIBIT 11 EAGLE BANCSHARES, INC. Statement re: Computation of per share earnings Below is reconciliation for the three month periods ended September 30, 2000 and 1999, of the difference between average basic common shares outstanding and average diluted common shares outstanding. COMPUTATION OF PER SHARE EARNINGS
(dollars in thousands except per share data) THREE MONTHS ENDED SEPT. 30, 2000 Sept. 30, 1999 ----------------------------------- Basic ----- Net income $2,353 $2,247 ---------------------------------- Average common shares 5,637 5,560 ---------------------------------- Earnings per common share - basic $ 0.42 $ 0.40 ---------------------------------- Diluted ------- Net income $2,353 $2,247 ---------------------------------- Average common shares - basic 5,637 5,560 Incremental shares outstanding 33 117 Average common shares - diluted 5,670 5,677 ---------------------------------- Earnings per common share - diluted $ 0.41 $ 0.40 ----------------------------------
Below is reconciliation for the six month periods ended September 30, 2000 and 1999, of the difference between average basic common shares outstanding and average diluted common shares outstanding.
(dollars in thousands except per share data) SIX MONTHS ENDED SEPT. 30, 2000 Sept. 30, 1999 -------------------------------------- Basic ----- Net income $3,142 $4,688 -------------------------------------- Average common shares 5,637 5,560 -------------------------------------- Earnings per common share - basic $ 0.56 $ 0.84 -------------------------------------- Diluted ------- Net income $3,142 $4,688 -------------------------------------- Average common shares - basic 5,637 5,560 Incremental shares outstanding 35 120 Average common shares - diluted 5,672 5,680 -------------------------------------- Earnings per common share - diluted $ 0.55 $ 0.83 --------------------------------------
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