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EXHIBIT 1
HAMILTON BANCORP INC. AND SUBSIDIARIES
CALCULATION OF EARNINGS PER SHARE
(Dollars in thousands, except per share data)
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Three Months Ended June 30, Six Months Ended June 30,
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Basic
Weighted average number of common shares outstanding 10,081,147 10,065,908 10,081,147 10,061,037
Net income $ 7,556 $ 6,433 $ 14,760 $ 12,501
Basic earnings $ 0.75 $ 0.64 $ 1.46 $ 1.24
Diluted:
Weighted average number of common shares outstanding 10,081,147 10,065,908 10,081,147 10,061,037
Potential common shares outstanding - options 149,168 208,619 144,691 215,316
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Total common and potential common shares outstanding 10,230,315 10,274,527 10,225,838 10,276,353
Net income $ 7,556 $ 6,433 $ 14,760 $ 12,501
Diluted earnings per share $ 0.74 $ 0.63 $ 1.44 $ 1.22
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