Exhibit 11.0 STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
For the Three Months Ended June 30, 2000 (UNAUDITED)
Statement regarding computation of earnings per share for the three months ended
June 30, 2000.
<TABLE>
<CAPTION>
Income Weighted Average Shares Per-Share Amount
---------------------------------------------------------
<S> <C> <C> <C>
Basic Earnings per Share
Income available to
common stockholders $16,899 87,594 $.19
Effect of Dilutive Securities
Unearned incentive plan shares 3,234
---------------------------------------------------------
Diluted Earnings Per Share
Income available to
common stockholders
and assumed conversions $16,899 90,828 $.19
=========================================================
</TABLE>
For the Three Months Ended June 30, 1999 (UNAUDITED)
Statement regarding computation of earnings per share for the three months ended
June 30, 1999.
<TABLE>
<CAPTION>
Income(Loss) Weighted Average Shares Per-Share Amount
--------------------------------------------------------------
<S> <C> <C> <C>
Basic Earning per Share ($2,393) 91,741 ($.03)
==============================================================
</TABLE>
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