EX-11 2 c454-20150331xex11.htm EX-11 Exhibit 11

Exhibit 11.0

COMPUTATION OF EARNING PER SHARE

(In Thousands, except for per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

 

Three months ended March 31, 2015

 

 

Three months ended March 31, 2014

Income available to common stockholders

$
1,644 

  

$
2,042 

 

 

 

 

 

 

Weighted average common shares outstanding

 
8,400 

  

 
8,340 

 

 

 

 

 

 

Basic earnings per share

$
0.20 

  

$
0.24 

 

 

 

 

 

 

Income for diluted earnings per share

$
1,644 

  

$
2,042 

 

 

 

 

 

 

Total weighted average common shares and equivalents outstanding for diluted computation (1)

 
8,421 

  

 
8,342 

 

 

 

 

 

 

Diluted earnings per share

$
0.20 

 

$
0.24 

 

 

__________

(1) All related to outstanding stock options.