PART 1: EXHIBIT 11.00
JSB FINANCIAL, INC. AND SUBSIDIARY
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(Unaudited, In Thousands, except per share amounts)
Three Months Ended Nine Months Ended
September 30, September 30,
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1998 1997* 1998 1997*
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Basic earnings per share:
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Basic weighted average common shares 9,830 9,871 9,864 9,840
Net income $11,377 $ 8,554 $34,227 $22,111
Basic earnings per common share $1.16 $.87 $3.47 $2.25
Diluted earnings per share:
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Weighted average common and dilutive potential shares 10,093 10,215 10,159 10,191
Net income $11,377 $ 8,554 $34,227 $22,111
Diluted earnings per common share $1.13 $.84 $3.37 $2.17
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* As required, earnings per share for 1997 have been restated for the
adoption of Financial Accounting Standards Board Statement No. 128.
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