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Previous: FAUQUIER BANKSHARES INC, 10-Q, 2000-11-13 |
Next: FAUQUIER BANKSHARES INC, 10-Q, EX-27, 2000-11-13 |
Exhibit 11
Weighted Average Shares Outstanding
and Earnings Per Share Worksheet
<TABLE>
<CAPTION>
2000 1999
Shares Shares
Outstanding Outstanding
------------------ ------------------
<S> <C> <C>
January 1,775,311 1,833,404
February 1,774,811 1,824,659
March 1,774,811 1,823,129
April 1,774,811 1,803,459
May 1,774,811 1,798,747
June 1,774,811 1,798,747
July 1,771,311 1,794,797
August 1,769,711 1,791,047
September 1,726,481 1,784,997
October 1,783,987
November 1,777,177
December 1,774,037
Weighted average shares outstanding* 1,768,418 1,802,165
Net income $2,429,960 $2,638,940
Basic earnings per share $1.37 $1.46
------------------ ------------------
Effect of dilutive securities, stock options 12,472 15,967
Diluted earnings per share $1.36 $1.45
------------------ ------------------
</TABLE>
* Weighted average shares are calculated on a daily basis.
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