EXHIBIT 11
TRI-COUNTY BANCORP, INC. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE
Three Months Ended Nine Months Ended
September 30, September 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 $246,116 $210,878 $705,104 $682,919
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have a dilutive effect
Basic earnings per share $0.21 $0.18 $0.60 $0.57
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Diluted earnings per share $0.20 $0.17 $0.56 $0.53
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Shares used in basic earnings per share computation
Weighted average common shares outstanding 1,167,498 1,175,650 1,167,498 1,203,396
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Shares used in diluted earnings per share computation
Weighted average common shares outstanding 1,251,664 1,256,635 1,258,601 1,277,179
Additional potentially dilutive effect of stock options 84,166 80,985 91,103 73,783
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1,167,498 1,175,650 1,167,498 1,203,396
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