EX-11.0 2 ex11_0.htm EX-11.0

 

  

Exhibit 11.0

 

COMPUTATION OF EARNING PER SHARE

(In Thousands, except for per share data)

 

   Three months ended
March 31, 2012		   Three months ended
March 31, 2011		 
           
Income available to common shareholders  $1,588   $1,921 
           
Weighted average shares outstanding   9,436    9,393 
           
Basic earnings per share  $0.17   $0.20 
           
Income for diluted earnings per share  $1,588   $1,921 
           
Total weighted average common shares and equivalents outstanding for diluted computation (1)   9,449    9,413 
           
Diluted earnings per share  $0.17   $0.20 

 

(1) All related to outstanding stock options.