Exhibit 11
LIBERTY BANCORP, INC.
COMPUTATION OF EARNINGS PER SHARE
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<CAPTION>
Nine Months Three Months
Ended Ended
September 30, 2000 September 30, 2000
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<S> <C> <C>
Net income $ 928,250 $ 297,132
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Weighted average common shares outstanding 3,457,863 3,432,293
Common stock equivalents due to dilution effect
of stock options None None
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Total weighted average common shares and
equivalents outstanding 3,457,863 3,432,293
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Basic earnings per common share $ 0.27 $ 0.09
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Diluted earnings per common share $ 0.27 $ 0.09
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