. . . COMMUNITY CENTRAL BANK CORPORATION FORM 10-QSB (continued) EXHIBIT 11 COMPUTATION OF PER SHARE EARNINGS Three Months Ended Nine Months Ended September 30, September 30, 2003 2002 2003 2002 ---- ---- ---- ---- (in thousands, except per share data) BASIC Net Income $ 567 $ 496 $ 1,568 $ 1,340 / Weighted Average Shares 2,676 2,627 2,656 2,620 -------- -------- -------- -------- Basic Earnings Per Share $ 0.21 $ 0.19 $ 0.59 $ 0.51 ======== ======== ======== ======== DILUTED Net Income $ 567 $ 496 $ 1,568 $ 1,340 / Weighted Average Shares 2,724 2,651 2,701 2,644 -------- -------- -------- -------- Diluted Earnings Per Share $ 0.21 $ 0.19 $ 0.58 $ 0.51 ======== ======== ======== ======== 27