Exhibit 11 Statements re: Computation of Earnings per Share Brenton Banks, Inc. Three Months Ended March 31, 2000 1999 ____ ____ Basic EPS Computation Numerator: Net income $ 4,588,364 4,578,230 ========== ========== Denominator: Average common shares outstanding 20,356,377 20,614,026 ========== ========== Basic EPS $ 0.23 $ 0.22 ========== ========== Diluted EPS Computation Numerator: Net income $ 4,588,364 4,578,230 ========== ========== Denominator: Average common shares outstanding 20,356,377 20,614,026 Average stock options 104,253 343,796 __________ __________ 20,460,630 20,957,822 ========== ========== Diluted EPS $ 0.22 $ 0.22 ========== ========== <FN> Note: 1999 amounts are restated for the 10 percent common stock dividend effective in June 1999.