Exhibit 11
Statements re: Computation of Earnings per Share
Brenton Banks, Inc.
<TABLE>
<CAPTION>
Nine Months Ended Three Months Ended
September 30, September 30,
2000 1999 2000 1999
____ ____ ____ ____
</CAPTION>
<S> <C> <C> <C> <C>
Basic EPS Computation
Numerator:
Net income $14,312,337 12,309,262 5,039,087 3,501,794
========== ========== ========== ==========
Denominator:
Average common shares
outstanding 20,360,174 20,530,231 20,365,795 20,462,200
========== ========== ========== ==========
Basic EPS $0.71 $0.60 $0.25 $0.17
========== ========== ========== ==========
Diluted EPS Computation
Numerator:
Net income $14,312,337 12,309,262 5,039,087 3,501,794
========== ========== ========== ==========
Denominator:
Average common shares
outstanding 20,360,174 20,530,231 20,365,795 20,462,200
Average stock options 151,005 326,133 151,005 326,133
__________ __________ __________ __________
20,511,179 20,856,364 20,516,800 20,788,333
========== ========== ========== ==========
Diluted EPS $0.70 $0.59 $0.25 $0.17
========== ========== ========== ==========
</TABLE>
