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COMMUNITY CENTRAL BANK CORPORATION
FORM 10-QSB (continued)
EXHIBIT 11
COMPUTATION OF PER SHARE EARNINGS
Three Months Ended Six Months Ended
June 30, June 30,
2000 1999 2000 1999
----- ----- ----- -----
(in thousands, except per share data)
BASIC
Income Before Cumulative Effect
of Accounting Change $383 $294 $778 $556
/ Weighted Average Shares 2,603 2,660 2,602 2,658
----- ----- ----- -----
Per Share 0.15 0.11 0.30 0.21
Cumulative Effect of Accounting Change ---- ---- ---- (57)
/ Weighted Average Shares 2,603 2,660 2,602 2,658
----- ----- ----- -----
Per Share $ ---- $ ---- $ ---- ($0.02)
----- ----- ----- -----
Basic Earnings (Loss) Per Share $0.15 $0.11 $0.30 $0.19
===== ===== ===== =====
DILUTED
Income Before Cumulative Effect
of Accounting Change $383 $294 $778 $556
/ Weighted Average Shares 2,603 2,666 2,602 2,665
----- ----- ----- -----
Per Share 0.15 0.11 0.30 0.21
Cumulative Effect of Accounting Change ---- ---- ---- (57)
/ Weighted Average Shares 2,603 2,666 2,602 2,665
----- ----- ----- -----
Per Share $ ---- $ ---- $ ---- ($0.02)
----- ----- ----- -----
Diluted Earnings (Loss) Per Share $0.15 $0.11 $0.30 $0.19
===== ===== ===== =====
Notes:
- Weighted average shares outstanding have been adjusted to reflect the 10%
stock dividends in 2000 and 1999.
- Where applicable, diluted share computations include the effects of
outstanding stock options.
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