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EXHIBIT 11
MOBILE AMERICA CORPORATION AND SUBSIDIARIES
UNAUDITED COMPUTATIONS OF EARNINGS PER SHARE
QUARTERS ENDED SEPTEMBER 30, 1995 AND 1994, NINE MONTHS ENDED SEPTEMBER 30,
1995 AND 1994
Quarters Ended Nine Months Ended
September 30, September 30,
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1995 1994 1995 1994
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Net Income $ 1,529,009 $ 104,718 $ 4,446,971 $ 3,329,057
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Common shares outstanding 6,260,040 6,264,040 6,260,040 6,264,040
Effect of weighting treasury
stock acquired - - - -
Common and common equivalent
shares used in computing earnings
per share
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6,260,040 6,264,040 6,260,040 6,264,040
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Earnings per share $ .24 $ .02 $ .71 $ .53
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