R/2H    d 1 PRINT_AREATT$&%*'Exhibit 11 (a)3'IRWIN FINANCIAL CORPORATION AND SUBSIDIARIES8'EXHIBIT 11(a) - COMPUTATION OF EARNINGS PER SHARE#' Year Ended December 31,         " 'PRIMARY SHARES OUTSTANDING:6 ' Average number of shares outstanding (Note 2)  @3VA  @BVA   UAEA * ' Assumed exercise of stock options  P@  F@ r@} ' Total shares8qVA PZZVA PiUA P'NET INCOME 0'_qA  mA  khA+'PRIMARY EARNINGS PER SHARE (NOTE 2):@   ;H@   Aa&@  ('FULLY DILUTED SHARES OUTSTANDING:6' Average number of shares outstanding (Note 2) @3VA @BVA  UA3' Assumed exercise of stock options (Note 1) p@ P@@t@@t@ ' Total sharesxVA P3]VA PUVA P'NET INCOME 0'_qA mA khA0'FULLY DILUTED EARNINGS PER SHARE (NOTE 2)Ȃi~μ@  V7E@   3تo@  \"'(1) The dilutive effect of stock options is based on the Treasury Stock method using]#' the higher of the average market price for the year or the year-end market price.T%'(2) The 1992 net income per share and average shares outstanding informationJ&' has been restated to reflect the 1993 two-for-one stock split.1'Schedule I34'SCHEDULE I - INDEBTEDNESS TO RELATED PARTIES"5' (In Thousands)8^ Col. B8^ Col. C8^ Col. D8' Col. E:^ Balance at:' Balance at;^ Beginning ;^ Additions;^ Deductions;' End of<'Name of Person<^ of Period <^ (1)<^ (2)<' Period$>'Year Ended December 31, 1994: > > > > > >?'Irwin Management Company ?-?"!A "!A?&!A4!A  ?"?@  $A'Year Ended December 31, 1993: A A A A A A AB'Irwin Management Company B?$!B'A 'A 6  Bx'A B"B@   B$D'Year Ended December 31, 1992: D D D D D DE'Irwin Management Company EEfAXeA+  E!E4A BAp   E"E@   F F F F F FHK'(1) The indebtedness disclosed is the purchase of Irwin FinancialIL' Corporation commercial paper and Irwin Union Bank repurchase MM' agreements by Irwin Management Company. Irwin Management CompanyPN' is owned by a principal shareholder and director. Commercial paper MO' borrowings generally mature within three months from the date of P' issuance.OR'(2) No deductions occurred that were other than a disbursement of cash.