TCF Financial 10-K 2005 FY Annual report

EXHIBIT NO. 11

Computation of Per Share Earnings

	Year Ended December 31
	2005		2004		2003
	(Amounts in thousands, except per share amounts)
BASIC:
Average shares outstanding		25,138		25,130		24,878
Net income	$	52,878	$	56,682	$	55,716
Net income per common share	$	2.10	$	2.26	$	2.24
DILUTED:
Average shares outstanding		25,138		25,130		24,878
Net effect of the assumed exercise of
stock options-based on the treasury
stock method using average market price		55		88		66
		25,193		25,218		24,944
Net income	$	52,878	$	56,682	$	55,716
Net income per common share	$	2.10	$	2.25	$	2.23