1 NEW YORK BANCORP INC. 241-02 Northern Boulevard Douglaston, New York 11362 Form 10-Q March 31, 1996 Exhibit 11. Statement re: Computation of Per Share Earnings (Loss) Three Months Ended Six Months Ended March 31, March 31, ------------------- ------------------- 1996 1995 1996 1995 ------- ------- ------- ------- (In Thousands, except per share amounts) Net income (loss).................................... $ 9,176 $(9,804) $17,004 $(3,337) ======= ======= ======= ======= Weighted average common shares outstanding........... 11,877 13,377 11,909 13,191 Common stock equivalents due to dilutive effect of stock options............................. 254 -- 267 -- ------- ------- ------- ------- Total weighted average common shares and equivalents outstanding............................. 12,131 13,377 12,176 13,191 ======= ======= ======= ======= Primary earnings (loss) per share.................... $ .76 $(.73) $1.40 $(.25) ===== ===== ===== ===== Total weighted average common shares and equivalents outstanding............................. 12,131 13,377 12,176 13,191 Additional dilutive shares using ending period market value versus average market value for the period when utilizing the treasury stock method regarding stock options....... 22 -- 46 -- ------- ------- ------- -------- Total shares for fully diluted earnings per share.... 12,153 13,377 12,222 13,191 ======= ======= ======= ======== Fully diluted earnings (loss) per share.............. $ .76 $(.73) $1.39 $(.25) ===== ===== ===== =====