1 (a) Exhibit 11 - Computation of Earnings per common share and Earnings per common share assuming dilution Three Months Ended March 31, 1998 -------------- (Dollars in thousands, except per share data) Earnings per common share Net income available to common shareholders $ 1,831 ========== Weighted average common shares outstanding 5,055,036 ========== Earnings per common share $ .36 ========== Earnings per common share assuming dilution Net income available to common shareholders $ 1,831 ========== Weighted average common shares outstanding 5,055,036 Add: Dilutive effects of assumed exercises of stock options and warrants 620,870 ---------- Weighted average common and dilutive potential Common shares outstanding 5,675,906 ========== Earnings per common share assuming dilution $ .32 ==========