SUMMIT BANCSHARES, INC. AND SUBSIDIARIES EXHIBIT 11 SCHEDULE OF COMPUTATION OF NET INCOME PER SHARE (Dollars in Thousands, Except Per Share Data) Year Ended December 31 ----------------------------------------------------- Primary Basis 1995 1994 1993 ------------- ------ ------ ------ Net Income Before Extraordinary Item $ 4,729 $ 4,040 $ 3,731 ========= ========= ========= Net Income 4,729 4,040 3,731 ========= ========= ========= Weighted average number of Common Shares outstanding during the year 3,139,230 3,135,770 3,095,518 ========= ========= ========= Primary Income per Common Share Before $ 1.51 $ 1.29 $ 1.21 Extraordinary Item ========= ========= ========= Primary Income per Common Share $ 1.51 $ 1.29 $ 1.21 ======== ======== ======== The assumed exercise of stock options does not result in material dilution. Therefore, the computation of net income per share is not set forth on a fully diluted basis.