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


                                                                     Six Months Ended    

 (Dollars in thousands, except per share amounts)               June 30,       June 30,  
                                                                 1997           1996     

 NET INCOME PER SHARE COMPUTED AS FOLLOWS:                                
 PRIMARY:                                                                 
                                                                          
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        4,876   $      4,352
 2.  Weighted average common shares outstanding  . . . .         7,566,753      7,529,362
 3.  Incremental shares under stock options                               
       computed under the treasury stock method                           
       using the average market price of issuer's                         
       stock during the periods  . . . . . . . . . . . .            54,883         49,531
 4.  Weighted average common shares and common                            
       equivalent shares outstanding   . . . . . . . . .         7,621,636      7,578,893
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.64  $        0.57
       (Item 1 Divided by Item 4)                                         

                                                                          
 FULLY DILUTED:                                                           
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        4,876  $       4,352
 2.  Weighted average common shares outstanding  . . . .         7,566,753      7,529,362
 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  . . . . . . . . . . . . . . . . .            80,303         49,531
 4.  Weighted average common shares and common                                          
       equivalent shares outstanding   . . . . . . . . .         7,647,055      7,578,893
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.64  $        0.57

       (Item 1 Divided by Item 4)




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


                                                                   Three Months Ended    

 (Dollars in thousands, except per share amounts)               June 30,       June 30,  
                                                                  1997          1996     


 NET INCOME PER SHARE COMPUTED AS FOLLOWS:                                
 PRIMARY:                                                                 
                                                                      
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        2,453  $       2,187
 2.  Weighted average common shares outstanding  . . . .         7,565,303      7,539,513
 3.  Incremental shares under stock options                               

       computed under the treasury stock method                           
       using the average market price of issuer's                         
       stock during the periods  . . . . . . . . . . . .            61,260         46,618
 4.  Weighted average common shares and common                            
       equivalent shares outstanding   . . . . . . . . .         7,626,563      7,586,132
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.32  $        0.29
       (Item 1 Divided by Item 4)                                         

                                                                          
 FULLY DILUTED:                                                           
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        2,453  $       2,187
 2.  Weighted average common shares outstanding  . . . .         7,565,303      7,539,513
 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  . . . . . . . . . . . . . . . . .            81,035         46,618
 4.  Weighted average common shares and common                                          
       equivalent shares outstanding   . . . . . . . . .         7,646,338      7,586,132
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.32  $        0.29

       (Item 1 Divided by Item 4)