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Previous: ANNAPOLIS NATIONAL BANCORP INC, 10QSB, 2000-08-09 |
Next: ANNAPOLIS NATIONAL BANCORP INC, 10QSB, EX-27, 2000-08-09 |
<PAGE>
EXHIBIT 11
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Statement re: Computation of Earnings Per Share
(In thousands, except Earnings per Share)
Three Months Ended
June 30, June 30,
2000 1999
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Net income $ 216 $ 218
Average Shares Outstanding 2,322 2,318
Basic Earnings Per Share $ 0.09 $ 0.09
Net income $ 216 $ 218
Average Shares Outstanding
before the effect of options 2,322 2,318
Effect of Options -- --
Average Shares Outstanding
including options 2,322 2,318
Diluted Earnings Per Share $ 0.09 $ 0.09
Six Months Ended
June 30, June 30,
2000 1999
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Net income $ 358 $ 278
Average Shares Outstanding 2,323 2,316
Basic Earnings Per Share $ 0.15 $ 0.12
Net income $ 358 $ 278
Average Shares Outstanding
before the effect of options 2,323 2,316
Effect of Options -- --
Average Shares Outstanding
including options 2,323 2,316
Diluted Earnings Per Share $ 0.15 $ 0.12
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