UNITED COMMUNITY FINANCIAL CORP.
EXHIBIT 11
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COMPUTATIONS OF EARNINGS PER COMMON SHARE
Three Months Ended Nine Months Ended
September 30, September 30,
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2001 2000 2001 2000
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(In thousands, (In thousands,
except per share data) except per share data)
BASIC EARNINGS PER SHARE:
Net income applicable to common stock $ 3,964 $ 3,089 $ 10,106 $9,161
Weighted average common shares outstanding 31,921 33,252 32,307 33,205
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Basic earnings per share $ 0.12 $ 0.09 $ 0.31 $ 0.27
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DILUTED EARNINGS PER SHARE:
Net income applicable to common stock $ 3,964 $ 3,089 $10,106 $9,161
Weighted average common shares outstanding 31,921 33,252 32,307 33,205
Dilutive effect of restricted stock 185 841 181 859
Dilutive effect of stock options 91 - 29 -
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Weighted average common shares outstanding
for dilutive computation 32,197 34,093 32,517 34,064
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Diluted earnings per share $ 0.12 $ 0.09 $ 0.31 $0.27
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