EXHIBIT 11 - Statement regarding computation of per share earnings Computation for the quarter ended June 30, June 30, (Dollars in thousands, except per share data) 1994 1993 ---------- ---------- Primary earnings per share: Weighted average number of shares 35,031,333 32,514,850 Common stock equivalents computed under the treasury stock method using average market price 490,238 456,407 ---------- ---------- Total 35,521,571 32,971,257 ========== ========== Fully diluted earnings per share: Weighted average number of shares 35,031,333 32,514,850 Common stock equivalents computed under the treasury stock method using the greater of ending or average market price 490,316 461,650 Other potentially dilutive securities 2,687,450 2,687,450 ---------- ---------- Total 38,209,099 35,663,950 ========== ========== Net income $25,923 $20,814 Interest expense (net of tax) incurred for other potentially dilutive securities $579 $579 Earnings per share: Primary $.73 $.63 Fully diluted .69 .60 Computation for the six months ended June 30, June 30, (Dollars in thousands, except per share data) 1994 1993 ---------- ---------- Primary earnings per share: Weighted average number of shares 34,971,964 32,444,966 Common stock equivalents computed under the treasury stock method using average market price 475,739 485,940 ---------- ---------- Total 35,447,703 32,930,906 ========== ========== Fully diluted earnings per share: Weighted average number of shares 34,971,964 32,444,966 Common stock equivalents computed under the treasury stock method using the greater of ending or average market price 476,476 488,583 Other potentially dilutive securities 2,687,450 2,687,450 ---------- ---------- Total 38,135,890 35,620,999 ========== ========== Net income $48,838 $38,979 Interest expense (net of tax) incurred for other potentially dilutive securities $1,159 $1,159 Earnings per share: Primary $1.38 1.18 Fully diluted 1.31 1.13