EX-11 2 l37353exv11.htm EX-11 exv11
EXHIBIT 11
CSB BANCORP, INC.
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
                                 
    Three Months Ended     Six Months Ended  
    June 30,     June 30,  
    2009     2008     2009     2008  
Basic Earnings Per Share
                                
Net income
   $ 706,051     $ 877,762     $ 1,601,994     $ 1,879,522  
 
                                
Weighted average common shares
     2,734,799       2,432,793       2,734,799       2,438,695  
 
                        
Basic Earnings Per Share
   $ 0.26     $ 0.36     $ 0.59     $ 0.77  
 
                        
 
                                
Diluted Earnings Per Share
                                
Net income
   $ 706,051     $ 877,762     $ 1,601,994     $ 1,879,522  
 
                                
Weighted average common shares
     2,734,799       2,432,793       2,734,799       2,438,695  
Weighted average effect of assumed stock options
     0       0       0       0  
 
                        
 
                                
Total
     2,734,799       2,432,793       2,734,799       2,438,695  
 
                        
 
                                
Diluted Earnings Per Share
   $ 0.26     $ 0.36     $ 0.59     $ 0.77  
 
                        
Options to purchases 40,720 shares of common stock at a price above current market were outstanding at June 30, 2009, but were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive. There were no anti-dilutive effects for the six months ended June 30, 2008.