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Previous: MARATHON FINANCIAL CORP, 10QSB, 2000-11-13 |
Next: MARATHON FINANCIAL CORP, 10QSB, EX-27, 2000-11-13 |
<PAGE>
EXHIBIT 11
MARATHON FINANCIAL CORPORATION
Computation of Weighted Average Shares Outstanding and Earnings Per Share
Shares Outstanding End of Month - 3rd Quarter
---------------------------------------------
2000 1999
---------- ----------
July 2,051,441 2,054,730
August 2,051,441 2,051,321
September 2,051,441 2,050,542
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6,154,323 6,156,593
Divided by 3 months 3 months
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Weighted Shares Outstanding 2,051,441 2,052,198
========== ==========
Add Dilutive Shares 12,928 31,770
2,064,369 2,083,968
========== ==========
Net Income $ 286,404 $ 288,501
========== ==========
Net Income Per Share, Basic
And Assuming Dilution $ .14 $ .14
========== ==========
Shares Outstanding End of Month - Year-to-date
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2000 1999
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January 2,049,409 2,063,605
February 2,051,441 2,063,365
March 2,051,441 2,060,686
April 2,051,441 2,060,686
May 2,051,441 2,057,137
June 2,051,441 2,055,186
July 2,051,441 2,054,730
August 2,051,441 2,051,321
September 2,051,441 2,050,542
----------- -----------
18,460,937 18,517,258
Divided by 9 months 9 months
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Weighted Shares Outstanding 2,051,215 2,057,473
=========== ===========
Add Dilutive Shares 15,027 37,022
2,066,242 2,094,495
=========== ===========
Net Income $ 932,151 $ 787,050
=========== ===========
Net Income Per Share, Basic $ .45 $ .38
=========== ===========
Net Income Per Share, Assuming Dilution $ .45 $ .38
=========== ===========
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