Exhibit 11 | ||||
COMMUNITY BANCORP. | ||||
PRIMARY EARNINGS PER SHARE | ||||
For The Fourth Quarter Ended December 31, | 2002 | 2001 | 2000 | |
Net Income | $874,379 | $1,013,064 | $707,782 | |
Average Number of Common Shares Outstanding | 3,748,887 | 3,736,174 | 3,703,851 | |
Earnings Per Common Share | $0.24 | $0.27 | $0.19 | |
For the Year Ended December 31, | ||||
Net Income | $3,239,972 | $2,797,825 | $2,422,421 | |
Average Number of Common Shares Outstanding | 3,736,786 | 3,722,953 | 3,721,154 | |
Earnings Per Common Share | $0.87 | $0.75 | $0.65 | |
FULLY DILUTED EARNINGS PER SHARE | ||||
For The Fourth Quarter Ended December 31, | 2002 | 2001 | 2000 | |
Net Income | $874,379 | $1,013,064 | $707,782 | |
Adjustments to Net Income(1) | 0 | 0 | 363 | |
Adjusted Net Income | $874,379 | $1,013,064 | $708,145 | |
Average Number of Common Shares Outstanding | 3,748,887 | 3,736,174 | 3,703,851 | |
Increase in Shares(1) | 0 | 471 | 9,434 | |
Adjusted Average Number of Common Shares Outstanding | 3,748,887 | 3,736,645 | 3,713,285 | |
Earnings Per Common Share Assuming Full Dilution | $0.23 | $0.27 | $0.19 | |
For the Year Ended December 31, | ||||
Net Income | $3,239,972 | $2,797,825 | $2,422,421 | |
Adjustments to Net Income(1) | 0 | 466 | 1,452 | |
Adjusted Net Income | $3,239,972 | $2,798,291 | $2,423,873 | |
Average Number of Common Shares Outstanding | 3,736,786 | 3,722,953 | 3,721,154 | |
Increase in Shares(1) | 0 | 3,988 | 9,434 | |
Adjusted Average Number of Common Shares Outstanding | 3,736,786 | 3,726,941 | 3,730,588 | |
Earnings Per Common Share Assuming Full Dilution | $0.87 | $0.75 | $0.65 | |
(1) Assuming conversion of subordinated convertible debentures | ||||
Per share data for 2001 and 2000 restated to reflect a 5% stock declared in December, 2002. |
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10-K Filing
Community Bancorp (CMTV) 10-K2002 FY Annual report
Filed: 31 Mar 03, 12:00am