EX-11 2 l38084exv11.htm EX-11 exv11
EXHIBIT 11
CSB BANCORP, INC.
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
                                 
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2009     2008     2009     2008  
 
                                
Basic Earnings Per Share
                                
Net income
   $ 858,323     $ 890,564     $ 2,460,316     $ 2,770,086  
 
                                
Weighted average common shares
     2,734,799       2,422,014       2,734,799       2,433,094  
 
                        
Basic Earnings Per Share
   $ 0.31     $ 0.37     $ 0.90     $ 1.14  
 
                        
 
                                
Diluted Earnings Per Share
                                
Net income
   $ 858,323     $ 890,564     $ 2,460,316     $ 2,770,086  
 
                                
Weighted average common shares
     2,734,799       2,422,014       2,734,799       2,433,094  
Weighted average effect of assumed stock options
     0       0       0       0  
 
                        
 
                                
Total
     2,734,799       2,422,014       2,734,799       2,433,094  
 
                        
Diluted Earnings Per Share
   $ 0.31     $ 0.37     $ 0.90     $ 1.14  
 
                        
Options to purchase 40,695 shares of common stock at a price above current market were outstanding at September 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 nine months ended September 30, 2008.