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Previous: BAY STATE BANCORP INC, 10-Q, 2000-11-13 |
Next: BAY STATE BANCORP INC, 10-Q, EX-27, 2000-11-13 |
EXHIBIT 11
COMPUTATION OF PER SHARE EARNINGS
Three months ended
September 30,
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2000 1999
---- ----
Net Income $ 856,000 $ 673,000
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Average shares outstanding 1,787,953 2,122,658
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Basic earnings per share $ 0.48 $ 0.32
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Net Income $ 856,000 $ 673,000
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Average shares outstanding 1,787,953 2,122,658
Net effect of dilutive stock options 46,537 2,656
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Total shares outstanding 1,834,490 2,125,314
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Diluted earnings per share $ 0.47 $ 0.32
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Six months ended
September 30,
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2000 1999
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Net Income $1,663,000 $1,257,000
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Average shares outstanding 1,799,301 2,150,171
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Basic earnings per share $ 0.92 $ 0.58
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Net Income $1,663,000 $1,257,000
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Average shares outstanding 1,799,301 2,150,171
Net effect of dilutive stock options 22,151 11,145
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Total shares outstanding 1,821,452 2,161,316
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Diluted earnings per share $ 0.91 $ 0.58
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