EXHIBIT 11
BANK PLUS CORPORATION AND SUBSIDIARIES
COMPUTATION OF EARNINGS (LOSS) PER COMMON SHARE
(Dollars in thousands, except per common share data)
YEAR ENDED DECEMBER 31,
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1998 1997 1996
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(Loss) earnings available for common stockholders............$ (56,328) $ 12,653 $ (15,642)
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Weighted average of common shares outstanding:
Basic.................................................... 19,395,337 18,794,887 18,242,887
Effect of dilutive securities-- stock options............ -- 348,152 --
Effect of dilutive securities-- deferred stock awards.... -- 194 --
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Diluted.................................................. 19,395,337 19,143,233 18,242,887
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(Loss) earnings per share:
Basic....................................................$ (2.90) $ 0.67 $ (0.86)
Effect of dilutive securities-- stock options............ -- (0.01) --
Effect of dilutive securities-- deferred stock awards.... -- -- --
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Diluted..................................................$ (2.90) $ 0.66 $ (0.86)
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