EXHIBIT 11
COMPUTATION OF PER SHARE EARNINGS
(in thousands, except for per share data) Six Months Ended June 30 | ||
2001 | 2000 | |
Net income | $2,685 | $2,126 |
Basic earnings per share weighted average shares | 6,411 | 6,253 |
Net effect of dilutive stock options | 288 | 306 |
Diluted earnings per share weighted average shares | 6,699 | 6,559 |
Basic earnings per share | $ .42 | $ .34 |
Diluted earnings per share | $ .40 | $ .32 |