EXHIBIT 11
CASTLE BANCGROUP, INC.
COMPUTATION OF PER SHARE EARNINGS
The components of basic and diluted EPS for the three month and nine month
periods ending September 30, 2000 and 1999 were as follows: (dollars in
thousands, except share data)
<TABLE>
<CAPTION>
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
2000 1999 2000 1999
---------------------- ----------------------
<S> <C> <C> <C> <C>
Basic EPS
Net earnings $ 1,119 $ 780 $ 2,604 $ 2,364
Average common shares 4,392,239 4,363,172 4,380,809 4,355,935
========== ========== =========== =========
Basic EPS 0.25 0.18 0.59 0.55
========== ========== =========== =========
Diluted EPS
Net earnings $ 1,119 $ 780 $ 2,604 $ 2,364
Average common shares 4,392,239 4,363,172 4,380,809 4,355,935
Assumed exercise of stock options 37,232 59,070 37,232 59,070
---------- ---------- ----------- ---------
Average common shares after assumed options exercises 4,429,471 4,422,242 4,418,041 4,415,005
========== ========== =========== =========
Diluted EPS 0.25 0.18 0.59 0.55
========== ========== =========== =========
=======================================================================================================
</TABLE>
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