EXHIBIT 11
TRI-COUNTY BANCORP, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE
Three Months Ended Six Months Ended
June 30, June 30,
1998 1997 1998 1997
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EARNINGS PER SHARE
Net earnings available for common shares and
common stock equivalent shares deemed to have
a dilutive effect $227,196 $243,103 $458,988 $472,041
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Basic earnings per share $0.19 $0.20 $0.39 $0.39
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Diluted earnings per share $0.18 $0.19 $0.37 $0.36
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Shares used in basic earnings per share
computation. Weighted average common shares
outstanding 1,167,498 1,217,498 1,167,498 1,217,498
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Shares used in diluted earnings per share
computation. Weighted average common shares
outstanding 1,260,873 1,289,402 1,260,520 1,286,347
Additional potentially dilutive effect of
stock options 93,375 71,904 93,022 68,849
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$1,167,498 $1,217,498 $1,167,498 $1,217,498
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