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EXHIBIT 11
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Alabama National BanCorporation
Computation of Earnings Per Share (Unaudited)
(In thousands, except per share amounts)
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Per Share
Income Shares Amount
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<S> <C> <C> <C>
THREE MONTHS ENDED SEPTEMBER 30, 2000
Basic EPS net income....................... $ 6,206 11,047 $0.56
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Effect of dilutive securities.............. - 172
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Diluted EPS................................ $ 6,206 11,219 $0.55
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THREE MONTHS ENDED SEPTEMBER 30, 1999
Basic EPS net income....................... $ 5,720 11,127 $0.51
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Effect of dilutive securities.............. - 188
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Diluted EPS................................ $ 5,720 11,315 $0.51
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NINE MONTHS ENDED SEPTEMBER 30, 2000
Basic EPS net income....................... $17,767 11,059 $1.61
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Effect of dilutive securities.............. - 162
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Diluted EPS................................ $17,767 11,221 $1.58
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NINE MONTHS ENDED SEPTEMBER 30, 1999
Basic EPS net income....................... $16,119 11,084 $1.45
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Effect of dilutive securities.............. - 189
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Diluted EPS................................ $16,119 11,273 $1.43
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