EX-11.00 2 sept302012exhibit11.htm EXHIBIT
EXHIBIT 11
COMPUTATION OF EARNINGS PER SHARE
(Unaudited)

$ in thousands |  | Three Months Ended |  | Six Months Ended
|  | September 30, |  | September 30,
|  | 2012 |  |  | 2011 |  |  | 2012 |  | 2011
Loss per common share - basic |  |  |  |  |  |  |  |
Net loss |  | $ | (136 | ) |  | $ | (9,450 | ) |  | $ | (499 | ) |  | $ | (15,580 | )
Less: Capital Purchase Program "CPP" Preferred Dividends |  | — |  |  | 288 |  |  | — |  |  | 288 |
Net Loss Available to Common Shareholders |  | $ | (136 | ) |  | $ | (9,738 | ) |  | $ | (499 | ) |  | $ | (15,620 | )
Weighted average common shares outstanding (1) |  | 3,695,653 |  |  | 165,983 |  |  | 3,695,597 |  |  | 165,852 |
Loss per common share |  | $ | (0.04 | ) |  | $ | (58.67 | ) |  | $ | (0.14 | ) |  | $ | (95.68 | )

(1) Common share count for all periods presented reflects a 1-for-15 reverse stock split which was effective on October 27, 2011