CENTER FINANCIAL CORPORATION Computation of Earnings Per Share For the six months and quarters ended June 30, 1996 and 1995 Three months ended Six months ended June 30, June 30, ------------------------ ------------------------- 1996 1995 1996 1995 ------------ ----------- ------------ ------------ Earnings Per Common Share as Reported Net income $ 8,037,000 $ 5,603,000 $ 13,429,000 $ 10,201,000 ------------ ----------- ------------ ------------ Weighted average shares outstanding 14,957,763 14,275,977 14,928,977 14,263,835 ------------ ----------- ------------ ------------ Net income per common share $ 0.54 $ 0.39 $ 0.90 $ 0.72 ------------ ----------- ------------ ------------ Primary Earnings Per Share Net income $ 8,037,000 $ 5,603,000 $ 13,429,000 $ 10,201,000 ------------ ----------- ------------ ------------ Weighted average shares outstanding 15,309,907 14,590,360 15,304,833 14,546,513 ------------ ----------- ------------ ------------ Net income per common share $ 0.52 $ 0.38 $ 0.88 $ 0.38 ------------ ----------- ------------ ------------ Fully-diluted Earning Per Share Net income $ 8,037,000 $ 5,603,000 $ 13,429,000 $ 10,201,000 ------------ ----------- ------------ ------------ Weighted average shares outstanding 15,365,372 14,546,629 15,365,372 14,590,776 ------------ ----------- ------------ ------------ Net income per common share $ 0.52 $ 0.38 $ 0.87 $ 0.69 ------------ ----------- ------------ ------------