Exhibit 11
CityFed Financial Corp.
Statement Regarding the Computation of Per Share Loss
Six Months Ended
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June 30,
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2000 1999
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Computation of Loss Per Share:
Weighted average number of shares
outstanding 18,715,609 18,715,609
Loss applicable to common stock:(1)
From continuing operations $(4,241,000) $(4,212,000)
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From discontinued operations $(1,037,000) $ -
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Net loss $(5,278,000) $(4,212,000)
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Basic loss per share:
From continuing operations $(0.23) $(0.23)
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From discontinued operations $(0.05) $ -
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Net loss $(0.28) $(0.23)
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(1) Losses applicable to Common Stock are net of preferred stock dividends for
the six months ended June 30, 2000 and 1999 in the amount of $4,317,000.
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