LSB FINANCIAL CORP
10QSB, EX-11, 2000-11-03
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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LSB FINANCIAL CORP.
COMPUTATION OF PER SHARE EARNINGS
(Dollars in thousands)
For the three months ended
September 30, 2000
September 30, 1999
Income
Weighted
Average
Shares
Per share
Amount
Income
Weighted
Average
Shares
Per share
Amount
Basic EPS
   Income available to common shareholders $513 1,329,192 $0.39 $498 1,305,922 $0.38
Effect of dilutive securities
   Options 26,634 39,868
Diluted EPS
   Income available to common shareholders $513 1,355,826 $0.38 498 1,345,790 $0.37



For the nine months ended
September 30, 2000
September 30, 1999
Income
Weighted
Average
Shares
Per share
Amount
Income
Weighted
Average
Shares
Per share
Amount
Basic EPS
   Income available to common shareholders $1,532 1,321,538 $1.16 $1,392 1,302,582 $1.07
Effect of dilutive securities
   Options 23,194 43,301
Diluted EPS
   Income available to common shareholders $1,532 1,344,732 $1.14 1,392 1,344,883 $1.04


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