EX-11 2 ex_111.txt EXHIBIT 11.1 Exhibit 11.1 ------------ SLADE'S FERRY BANCORP. AND SUBSIDIARY QUARTERLY DATA (UNAUDITED)
Six Months Ended June 30, Three Months Ended June 30, 2006 2005 2006 2005 ------------------------------------ -------------------------------------- (In thousands, except per share date) (In thousands, except per share (date) Net income $ 1,533 $ 1,948 $ 626 $ 848 ========== ========== ========== ========== Average common shares outstanding 4,151,091 4,094,939 4,156,481 4,112,696 ========== ========== ========== ========== Basic earnings per share $ 0.37 $ 0.48 $ 0.15 $ 0.21 ========== ========== ========== ========== Average common shares outstanding 4,151,091 4,094,939 4,156,481 4,112,696 Net effect of dilutive stock options 17,180 28,857 14,129 20,016 ========== ========== ========== ========== Adjusted common shares outstanding 4,168,271 4,123,796 4,170,610 4,132,712 ========== ========== ========== ========== Diluted earnings per share $ 0.37 $ 0.47 $ 0.15 $ 0.21 ========== ========== ========== ==========