EX-11 13 g75225ex11.txt STATEMENT OF COMPUTATIONS OF PER SHARE EARNINGS EXHIBIT 11 - STATEMENTS RE: COMPUTATION OF PER SHARE EARNINGS COMMUNITY BANCSHARES, INC. COMPUTATION OF NET INCOME PER COMMON SHARE The following tabulation presents the calculation of primary and fully diluted earnings per common share for the years ended December 31, 2001, 2000 and 1999.
2001 2000 1999 ------------- ------------- -------------- Reported net income (loss)....................................... $ (1,100,499) $ (2,214,931) $ 1,658,110 ============= ============= ============== Earnings (loss) on common shares................................. $ (1,100,499) $ (2,214,931) $ 1,658,110 ============= ============= ============== Weighted average common shares outstanding - basic............... 4,572,301 4,460,295 4,429,303 ============= ============= ============== Earnings (loss) per common share- basic Income from continuing operations............................. $ (.24) $ (0.50) $ .37 ============= ============= ============== Net income (loss)............................................. $ (.24) $ (0.50) $ .37 ============= ============= ============== Weighted average common shares outstanding - diluted............. 4,572,301 4,671,430 4,595,072 ============= ============= ============== Earnings (loss) per common share- diluted Income from continuing operations............................. $ (.24) $ (0.47) $ .36 ============= ============= ============== Net income (loss)............................................. $ (.24) $ (0.47) $ .36 ============= ============= ==============
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