1 EXHIBIT 11 BANCTEXAS GROUP INC. COMPUTATION OF EARNINGS PER SHARE - UNAUDITED Three Months ended March 31, ---------------------- 1994 1993 -------- --------- (In thousands, except per share) Net income (loss) applicable to common shareholders $ (190) $ 311 ======== ======== Weighted average common and common equivalent shares 23,329 23,243 ======== ======== PER SHARE Net income (loss) applicable to common shareholders $ (.008) $ .013 ======== ========