Exhibit 11. Computation of Earnings Per Common Share
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(Dollars in Thousands Except Per Share Data
and Number of Shares)
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Weighted Average
Three-Month Periods Ended Number of Shares Net Earnings Per
March 31, Outstanding Income Common Share
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2001 10,035,819 $ 10,647 $ 1.06
2000 10,060,061 3,382 0.34
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Computation of weighted average number of common
and common equivalent shares:
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Three-Month Periods Ended March 31, 2001 2000
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Common shares outstanding beginning of the period 10,035,819 10,060,084
Weighted average of the common
shares purchased and retired or reissued - (23)
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Weighted average number of common shares 10,035,819 10,060,061
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