(a) Exhibit 11 - COMPUTATION OF BASIC EARNINGS PER COMMON SHARE AND DILUTED EARNINGS PER COMMON SHARE Three Months Ended Three Months Ended March 31, 2000 March 31, 1999 -------------- -------------- (Dollars in thousands, except per share data) BASIC EARNINGS PER COMMON SHARE Net income available to common shareholders $2,173 $2,113 ====== ====== Weighted average common shares outstanding 5,902,737 5,922,375 ========= ========= Basic earnings per common share $.37 $.35 ==== ==== DILUTED EARNINGS PER COMMON SHARE Net income available to common shareholders $2,173 $2,113 ====== ====== Weighted average common shares outstanding 5,902,737 5,922,375 Add: Dilutive effects of assumed exercises of stock options and warrants 217,576 389,110 Weighted average common and dilutive potential Common shares outstanding 6,120,313 6,311,485 ========= ========= Diluted earnings per common share $.36 $.34 ==== ==== Note: The share and per share information disclosed above have been retroactively adjusted to reflect the 10% stock dividend paid on June 30, 1999.