1 EXHIBIT 11.1 SELECTED FINANCIAL INFORMATION Quarter Ended Six Months Ended June 30, June 30, ----------------------- --------------------- (dollars in thousands) 1997 1996 1997 1996 -------- ------- -------- -------- (Unaudited) DATA USED TO COMPUTE PER SHARE AMOUNTS Net income $118,765 $99,617 $232,837 $188,424 Preferred stock dividends: Noncumulative Perpetual, Series C (1,569) (1,569) (3,138) (3,138) Noncumulative Perpetual, Series E (936) (936) (1,872) (1,872) Noncumulative Convertible Perpetual, Series D - (2,100) - (4,200) -------- ------- -------- -------- Net income available to primary common stock $116,260 $95,012 $227,827 $179,214 ======== ======= ======== ======== Net income $118,765 $99,617 $232,837 $188,424 Preferred stock dividends: Noncumulative Perpetual, Series C (1,569) (1,569) (3,138) (3,138) Noncumulative Perpetual, Series E (936) (936) (1,872) (1,872) -------- ------- -------- -------- Net income available to fully diluted common stock $116,260 $97,112 $227,827 $183,414 ======== ======= ======== ======== Average common shares outstanding: Primary 120,644,915 111,933,283 120,451,574 111,865,506 Fully diluted 121,509,438 117,352,143 121,449,956 117,284,366 20