Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - MVB FINANCIAL CORP | Financial_Report.xls |
| 10-K - 10-K - MVB FINANCIAL CORP | form10k-119668_mvb.htm |
| EX-21 - EX-21 - MVB FINANCIAL CORP | ex-21.htm |
| EX-24 - EX-24 - MVB FINANCIAL CORP | ex-24.htm |
| EX-14 - EX-14 - MVB FINANCIAL CORP | ex-14.htm |
| EX-31.1 - EX-31.1 - MVB FINANCIAL CORP | ex-31_1.htm |
| EX-31.2 - EX-31.2 - MVB FINANCIAL CORP | ex-31_2.htm |
| EX-99.2 - EX-99.2 - MVB FINANCIAL CORP | ex-99_2.htm |
| EX-99.1 - EX-99.1 - MVB FINANCIAL CORP | ex-99_1.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, | ||||||||
| 2011 | 2010 | |||||||
| Numerator for both basic and diluted earnings per share: | ||||||||
| Net Income | $ | 2,702 | $ | 2,237 | ||||
| Less dividends or preferred stock | 44 | — | ||||||
| Denominator: | ||||||||
| Total average shares outstanding | 2,147,890 | 1,598,432 | ||||||
| Effect of dilutive stock options | 2,194,410 | 1,625,884 | ||||||
| Total diluted average shares outstanding | ||||||||
| Earnings Per Share - Basic | $ | 1.24 | $ | 1.40 | ||||
| Earnings Per Share - Diluted | $ | 1.21 | $ | 1.38 | ||||