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Previous: CRESCENT BANKING CO, 10KSB/A, 2000-12-21 |
Next: CRESCENT BANKING CO, 10KSB/A, EX-23.1, 2000-12-21 |
<PAGE>
EXHIBIT 11.1
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
<TABLE>
<CAPTION>
Year Ended December 31,
-----------------------
1999 1998
---- ----
<S> <C> <C>
Weighted average Crescent common shares outstanding during the year 1,712,357 1,665,957
Common shares issuable in connection with assumed exercise of options
under the treasury stock method 102,171 53,691
----------------------------------
TOTAL 1,814,528 1,719,648
==================================
Net Income 1,293,186 $3,086,964
==================================
Per Share amount - Primary/Basic $0.76 $1.85
Per Share amount - Diluted $0.71 $1.80
</TABLE>
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