MVB FINANCIAL CORP - FORM 10-K - EX-11 - STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE - March 15, 2010

Attached files

file	filename
EX-24 - POWER OF ATTORNEY - MVB FINANCIAL CORP	dex24.htm
EX-14 - CODE OF ETHICS - MVB FINANCIAL CORP	dex14.htm
EX-21 - SUBSIDIARY OF REGISTRANT - MVB FINANCIAL CORP	dex21.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - MVB FINANCIAL CORP	dex312.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - MVB FINANCIAL CORP	dex311.htm
EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - MVB FINANCIAL CORP	dex321.htm
10-K - FORM 10-K - MVB FINANCIAL CORP	d10k.htm

Exhibit 11

Earnings Per Share

Earnings per Share are calculated as follows:

(in thousands, except shares and per share amounts)


		For the years ended December 31,
		2009			2008
Numerator for both basic and diluted earnings per share:
Net Income		$	1,406		$	828
Denominator:
Total average shares outstanding			1,624,146			1,584,295
Effect of dilutive stock options			1,650,262			1,621,172
Total diluted average shares outstanding
Earnings Per Share - Basic		$	0.87		$	0.52
Earnings Per Share - Diluted		$	0.85		$	0.51