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Exhibit 11
MIDWESTONE FINANCIAL GROUP
AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Months Ended June 30, | Six Months Ended June 30, | |||||||||||
2004 | 2003 | 2004 | 2003 | |||||||||
Earnings per Share Information: | ||||||||||||
Weighted average number of shares outstanding during the period | 3,806,385 | 3,873,037 | 3,802,626 | 3,893,492 | ||||||||
Weighted average number of shares outstanding during the period including all dilutive potential shares | 3,909,806 | 3,966,383 | 3,914,982 | 3,989,193 | ||||||||
Net earnings | $ | 1,448,780 | $ | 1,386,434 | $ | 3,006,995 | $ | 2,725,562 | ||||
Earnings per share - basic | $ | 0.38 | $ | 0.36 | $ | 0.79 | $ | 0.70 | ||||
Earnings per share - diluted | $ | 0.37 | $ | 0.35 | $ | 0.77 | $ | 0.68 |