FIRST CHARTER CORPORATION                                             Exhibit 11
       STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (Unaudited)



                                                                            Nine Months Ended    

                                                                       Sept. 30,       Sept 30,  
                                                                         1996           1995     

        NET INCOME PER SHARE COMPUTED AS FOLLOWS:                                 
        PRIMARY:                                                                  
                                                                               
        1.  Net income  . . . . . . . . . . . . . . . . . . . .     $    6,540,267   $  5,851,040
        2.  Weighted average common shares outstanding  . . . .          6,283,285      6,227,318
        3.  Incremental shares under stock options                                

              computed under the treasury stock method                            
              using the average market price of issuer's                          
              stock during the periods  . . . . . . . . . . . .             37,776         56,308
        4.  Weighted average common shares and common                             
              equivalent shares outstanding   . . . . . . . . .          6,321,061      6,283,626
        5.  Net income per share  . . . . . . . . . . . . . . .    $          1.04  $        0.93
              (Item 1 Divided by Item 4)                                          

                                                                                  
        FULLY DILUTED:                                                            
        1.  Net income  . . . . . . . . . . . . . . . . . . . .    $     6,540,267  $   5,851,040
        2.  Weighted average common shares outstanding  . . . .          6,283,285      6,227,795
        3.  Incremental shares under stock options                                              
              computed under the treasury stock method                                          

              using the higher of the average or ending                                         
              market price of issuer's stock at the end                                         
              of the periods  . . . . . . . . . . . . . . . . .             37,776         70,074
        4.  Weighted average common shares and common                                           
              equivalent shares outstanding   . . . . . . . . .          6,321,061      6,297,869
        5.  Net income per share  . . . . . . . . . . . . . . .    $          1.04  $        0.93

              (Item 1 Divided by Item 4)







       FIRST CHARTER CORPORATION                                             Exhibit 11
       STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (Unaudited)



                                                                           Three Months Ended    

                                                                       Sept. 30,      Sept. 30,  
                                                                          1996          1995     


        NET INCOME PER SHARE COMPUTED AS FOLLOWS:                                 
        PRIMARY:                                                                  
                                                                               
        1.  Net income  . . . . . . . . . . . . . . . . . . . .    $     2,187,824  $   2,071,714
        2.  Weighted average common shares outstanding  . . . .          6,300,726      6,234,069
        3.  Incremental shares under stock options                                

              computed under the treasury stock method                            
              using the average market price of issuer's                          
              stock during the periods  . . . . . . . . . . . .             36,324         64,055
        4.  Weighted average common shares and common                             
              equivalent shares outstanding   . . . . . . . . .          6,337,050      6,298,124
        5.  Net income per share  . . . . . . . . . . . . . . .    $          0.35  $        0.33
              (Item 1 Divided by Item 4)                                          

                                                                                  
        FULLY DILUTED:                                                            
        1.  Net income  . . . . . . . . . . . . . . . . . . . .    $     2,187,824  $   2,071,714
        2.  Weighted average common shares outstanding  . . . .          6,300,726      6,234,150
        3.  Incremental shares under stock options                                              
              computed under the treasury stock method                                          

              using the higher of the average or ending                                         
              market price of issuer's stock at the end                                         
              of the periods  . . . . . . . . . . . . . . . . .             37,035         67,461
        4.  Weighted average common shares and common                                           
              equivalent shares outstanding   . . . . . . . . .          6,337,761      6,301,611
        5.  Net income per share  . . . . . . . . . . . . . . .    $          0.35  $        0.33


              (Item 1 Divided by Item 4)