Exhibit 11
LIBERTY BANCORP, INC.
COMPUTATION OF EARNINGS PER SHARE
Six Months Three Months
Ended Ended
June 30, 2000 June 30, 2000
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Net income $ 631,122 $ 284,526
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Weighted average common shares outstanding 3,470,719 3,450,979
Common stock equivalents due to dilution effect
of stock options None None
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Total weighted average common shares and
equivalents outstanding 3,470,719 3,450,979
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Basic earnings per common share $ 0.18 $ 0.08
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Diluted earnings per common share $ 0.18 $ 0.08
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