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10-Q - COLONY BANKCORP, INC. 10-Q 9-30-2010 - COLONY BANKCORP INCform10-q.htm
EX-31.2 - EXHIBIT 31.2 - COLONY BANKCORP INCex31_2.htm
EX-32.1 - EXHIBIT 32.1 - COLONY BANKCORP INCex32_1.htm
EX-31.1 - EXHIBIT 31.1 - COLONY BANKCORP INCex31_1.htm

EXHIBIT  11.1



STATEMENT OF COMPUTATION OF EARNINGS PER SHARE

   
  Three Months Ended
September 30, 2010
   
Three Months Ended
September 30, 2009
 
   
Shares
   
Earnings
Per Share
   
Shares
   
Earnings
Per Share
 
 
   
(in Thousands)
   
(in Thousands)
 
                         
Basic Weighted Average Shares Outstanding
    8,448     $ (0.16 )     7,217     $ 0.00  
                                 
                                 
                                 
Diluted
                               
Average Shares Outstanding
    8,448               7,217          
Common Stock Equivalents
    0               0          
                                 
      8,448     $ (0.16 )     7,217     $ 0.00  
 
 
 
   
Nine Months Ended
September 30, 2010
   
Nine Months Ended
September 30, 2009
 
   
Shares
   
Earnings
Per Share
   
Shares
   
Earnings
Per Share
 
   
(in Thousands)
   
(in Thousands)
 
                                 
Basic Weighted Average Shares Outstanding
    8,049     $ (0.11 )     7,210     $ (0.83 )
                                 
Diluted
                               
Average Shares Outstanding
    8,049               7,210          
Common Stock Equivalents
    0               0          
                                 
      8,049     $ (0.11 )     7,210     $ (0.83 )