Brookline Bancorp (BRKL) 10-Q 2006 Q2 Quarterly report

Exhibit 11

Statement Regarding Computation of Per Share Earnings

The following table is the reconciliation of basic and diluted earnings per share for the three months and six months ended June 30, 2006 and 2005 (dollars in thousands except per share amounts):

	Three months ended June 30, 2006				Three months ended June 30, 2005
	Basic		Diluted		Basic		Diluted
Net income	$	4,929	$	4,929	$	5,441	$	5,441
Weighted average shares outstanding	60,363,461		60,363,461		60,086,614		60,086,614
Effect of dilutive securities	—		718,652		—		780,258
Adjusted weighted average shares outstanding	60,363,461		61,082,113		60,086,614		60,866,872
Earnings per share	$	0.08	$	0.08	$	0.09	$	0.09

	Six months ended June 30, 2006				Six months ended June 30, 2005
	Basic		Diluted		Basic		Diluted
Net income	$	10,326	$	10,326	$	10,973	$	10,973
Weighted average shares outstanding	60,336,646		60,336,646		59,984,623		59,984,623
Effect of dilutive securities	—		730,138		—		786,701
Adjusted weighted average shares outstanding	60,336,646		61,066,784		59,984,623		60,771,324
Earnings per share	$	0.17	$	0.17	$	0.18	$	0.18