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


                                                                    Nine Months Ended    

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

 NET INCOME PER SHARE COMPUTED AS FOLLOWS:                                
 PRIMARY:                                                                 
                                                                       
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        7,401   $      6,540
 2.  Weighted average common shares outstanding  . . . .         7,563,458      7,539,942
 3.  Incremental shares under stock options                               
       computed under the treasury stock method                           
       using the average market price of issuer's                         
       stock during the periods  . . . . . . . . . . . .            69,332         45,331
 4.  Weighted average common shares and common                            
       equivalent shares outstanding   . . . . . . . . .         7,632,789      7,585,273
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.97  $        0.87
       (Item 1 Divided by Item 4)                                         

                                                                          
 FULLY DILUTED:                                                           
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        7,401  $       6,540
 2.  Weighted average common shares outstanding  . . . .         7,563,458      7,539,942
 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  . . . . . . . . . . . . . . . . .            93,021         45,331
 4.  Weighted average common shares and common                                          
       equivalent shares outstanding   . . . . . . . . .         7,656,479      7,585,273
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.97  $        0.87

       (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)                Sept. 30     Sept. 30,  
                                                                  1997          1996     


 NET INCOME PER SHARE COMPUTED AS FOLLOWS:                                
 PRIMARY:                                                                 
                                                                          
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        2,525  $       2,188
 2.  Weighted average common shares outstanding  . . . .         7,556,975      7,560,871
 3.  Incremental shares under stock options                               
       computed under the treasury stock method                           
       using the average market price of issuer's                         
       stock during the periods  . . . . . . . . . . . .            94,495         43,589
 4.  Weighted average common shares and common                            
       equivalent shares outstanding   . . . . . . . . .         7,651,470      7,604,460
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.33  $        0.29
       (Item 1 Divided by Item 4)                                         

                                                                          
 FULLY DILUTED:                                                           
 1.  Net income  . . . . . . . . . . . . . . . . . . . .    $        2,525  $       2,188
 2.  Weighted average common shares outstanding  . . . .         7,556,975      7,560,871
 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  . . . . . . . . . . . . . . . . .            94,495         44,442
 4.  Weighted average common shares and common                                          
       equivalent shares outstanding   . . . . . . . . .         7,651,470      7,605,313
 5.  Net income per share  . . . . . . . . . . . . . . .    $         0.33  $        0.29

       (Item 1 Divided by Item 4)