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Exhibit 11
MIDWESTONE FINANCIAL GROUP, INC.
AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Months Ended | |||||||
March 31, | |||||||
2007 | 2006 | ||||||
Earnings per Share Information: | |||||||
Weighted average number of shares | |||||||
outstanding during the period | 3,712,773 | 3,706,331 | |||||
Weighted average number of shares | |||||||
outstanding during the period | |||||||
including all dilutive potential shares | 3,758,782 | 3,771,216 | |||||
Net earnings | $ | 974,439 | $ | 1,918,892 | |||
Earnings per share - basic | $ | 0.26 | $ | 0.52 | |||
Earnings per share - diluted | $ | 0.26 | $ | 0.51 |
See note 4 of the accompanying notes to consolidated financial statements.