1 EXHIBIT 11.1 SELECTED FINANCIAL INFORMATION Quarter Ended Nine Months Ended September 30, September 30, - -------------------------------------------------------------------------------------------------------------------- (dollars in thousands) 1996 1995 1996 1995 - -------------------------------------------------------------------------------------------------------------------- (Unaudited) DATA USED TO COMPUTE PER SHARE AMOUNTS Net income $40,174 $51,688 $161,062 $144,711 Preferred stock dividends: Noncumulative Perpetual, Series C (1,569) (1,596) (4,707) (4,788) Noncumulative Perpetual, Series E (936) (950) (2,808) (2,850) Noncumulative Convertible Perpetual, Series D (2,100) (2,100) (6,300) (6,300) - -------------------------------------------------------------------------------------------------------------------- Net income available to primary common stock $35,569 $47,042 $147,247 $130,773 ==================================================================================================================== Net income $40,174 $51,688 $161,062 $144,711 Preferred stock dividends: Noncumulative Perpetual, Series C (1,569) (1,596) (4,707) (4,788) Noncumulative Perpetual, Series E (936) (950) (2,808) (2,850) - -------------------------------------------------------------------------------------------------------------------- Net income available to fully diluted common stock $37,669 $49,142 $153,547 $137,073 ==================================================================================================================== Average common shares outstanding: Primary 72,111,550 70,910,723 72,025,613 69,493,377 Noncumulative Convertible Perpetual Preferred Stock, Series D 5,418,860 5,419,247 5,418,860 5,419,247 - -------------------------------------------------------------------------------------------------------------------- Fully diluted 77,530,410 76,329,970 77,444,473 74,912,624 ==================================================================================================================== 19