. . . COMMUNITY CENTRAL BANK CORPORATION FORM 10-Q (continued) EXHIBIT 11 COMPUTATION OF PER SHARE EARNINGS Three Months Ended Six Months Ended June 30, June 30, 2008 2007 2008 2007 ------- ------- ------- ------- (in thousands, except per share data) BASIC Net Income $ 275 $ 536 $ 515 $ 1,194 / Weighted Average Shares 3,731 3,868 3,729 3,925 ------- ------- ------- ------- Basic Earnings Per Share $ 0.07 $ 0.14 $ 0.14 $ 0.30 ======= ======= ======= ======= DILUTED Net Income $ 275 $ 536 $ 515 $ 1,194 / Weighted Average Shares 3,735 3,919 3,731 3,981 ------- ------- ------- ------- Diluted Earnings Per Share $ 0.07 $ 0.14 $ 0.14 $ 0.30 ======= ======= ======= =======