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Previous: CITY NATIONAL BANCSHARES CORP, 10-Q, 2000-08-11 |
Next: CITY NATIONAL BANCSHARES CORP, 10-Q, EX-27, 2000-08-11 |
<PAGE> 1
EXHIBIT 11. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
City National Bancshares Corporation
Computation of Earnings Per Common Share on a
Basic & Diluted Basis
In thousands, except per share data
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
------------------------ -------------------------
2000 1999 2000 1999
-------- -------- -------- --------
<S> <C> <C> <C> <C>
Net income $ 256 $ 184 $ 326 $ 513
Dividends paid on preferred stock - - 87 107
------------------------------------------------------
Net income applicable to basic
common shares 256 184 239 406
Interest expense on convertible
subordinated debentures, net of
income tax 3 3 6 6
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Net income applicable to diluted shares $ 259 $ 187 $ 245 $ 412
======================================================
Number of average common shares:
Basic 121,306 118,221 120,438 118,221
======================================================
Diluted:
Average common shares outstanding 121,306 118,221 120,438 118,221
Average convertible subordinated
debentures convertible to common shares 13,850 13,850 13,850 13,850
------------------------------------------------------
135,156 132,071 134,288 132,071
======================================================
Net income per common share
Basic $ 2.11 $ 1.56 $ 1.98 $ 3.43
Diluted 1.92 1.42 1.82 3.12
</TABLE>
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