EX-11 2 ex_11.txt EXHIBIT 11.1
Exhibit 11.1 ------------ SLADE'S FERRY BANCORP. AND SUBSIDIARY QUARTERLY DATA (UNAUDITED) Three Months Ended September 30, Nine Months Ended September 30, 2006 2005 2006 2005 ------------------------------------- ------------------------------------- (In thousands, except per share date) (In thousands, except per share date) Net income $ 1,043 $ 900 $ 2,576 $ 2,848 ========== ========== ========== ========== Average common shares outstanding 4,162,753 4,122,631 4,079,396 4,104,304 ========== ========== ========== ========== Basic earnings per share $ 0.25 $ 0.22 $ 0.62 $ 0.69 ========== ========== ========== ========== Average common shares outstanding 4,162,753 4,122,631 4,079,396 4,104,304 Net effect of dilutive stock options 11,707 22,935 15,356 27,824 ---------- ---------- ---------- ---------- Adjusted common shares outstanding 4,174,460 4,145,566 4,094,752 4,132,128 ========== ========== ========== ========== Diluted earnings per share $ 0.25 $ 0.22 $ 0.62 $ 0.69 ========== ========== ========== ========== 45