Bridge Bancorp Inc. and Subsidiary Computation of Per Share Earnings March 31, 1998 Three Months Ended March 31, 1998 1997 - ------------------------------------------------------------------------------------------------ Net income ........................................................... $ 820,000 $ 757,000 ======================= WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING ................. 1,407,999 1,407,600 WEIGHTED AVERAGE NUMBER OF COMMON SHARES EQUIVALENTS: Net shares assumed to be issued for dilutive stock options: ........ 14,898 0 ----------------------- TOTAL WEIGHTED AVERAGE COMMON AND COMMON EQUIVALENT SHARES OUTSTANDING 1,422,897 1,407,600 ======================= EARNINGS PER COMMON SHARES ........................................... $ 0.57 $ 0.54 =======================