1 COMMUNITY CENTRAL BANK CORPORATION FORM 10-QSB (continued) EXHIBIT 11 COMPUTATION OF PER SHARE EARNINGS Three Months Ended March 31, 1997 ---- PRIMARY LOSS PER SHARE: (in thousands, except per share data) NET LOSS ($607) / WEIGHTED AVERAGE SHARES 1,265 - ------------------------------ ------ PRIMARY NET LOSS PER SHARE ($0.48) ============================== ====== FULLY DILUTED LOSS PER SHARE: NET LOSS ($607) /WEIGHTED AVERAGE SHARES 1,265 - ------------------------------ ------ FULLY DILUTED NET LOSS PER SHARE ($0.48) ============================== ====== Notes: - - Weighted average shares outstanding have been adjusted to reflect the 10% stock dividend declared April 1, 1997.