UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1994
OR
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number 0-7601
STAR BANC CORPORATION
(Exact name of registrant as specified in its charter)
Ohio 31-0838189
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
425 Walnut Street, Cincinnati, OH 45202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (513) 632-4000
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15 (d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes X No
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
29,675,381 common shares, par value $5, outstanding at August 1, 1994
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EXHIBIT 11 COMPUTATION OF EARNINGS PER SHARE
(Dollars in thousands except per share data)
Second Quarter Six Months
1994 1993 1994 1993
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Net income........................$ 28,527 $ 25,344 $56,376 $50,247
Preferred dividends............... 102 278 231 555
Income available to common
shareholders....................$ 28,425 $ 25,066 $56,145 $49,692
Weighted average of common
stock equivalents................ 29,975 29,450 29,883 29,427
Weighted average of preferred
stock convertible to common
stock equivalents............... 343 842 548 842
Weighted average of fully
diluted common stock equivalents. 30,318 30,292 30,431 30,269
Primary earnings per share
(income available to common
shareholders divided by weighted
average of common stock
equivalents)....................$ 0.95 $ 0.85 $ 1.88 $ 1.69
Fully diluted earnings per share
(net income divided by weighted
average of fully diluted
common stock equivalents).......$ 0.94 $ 0.84 $ 1.85 $ 1.66
Note: The effect of stock options outstanding are not dilutive to earnings
per share as defined in APB 15 and therefore are not included with
the above calculations.
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