1 NEW YORK BANCORP INC. 241-02 Northern Boulevard Douglaston, New York 11362 Form 10-Q June 30, 1996 Exhibit 11. Statement re: Computation of Per Share Earnings Three Months Ended Nine Months Ended June 30, June 30, -------------------- ----------------- 1996 1995 1996 1995 ------- ------- ------ ------ (In Thousands, except per share amounts) Net income..................................... $ 9,630 $ 6,919 $26,634 $ 3,582 ======= ======= ======= ======= Weighted average common shares outstanding..... 11,577 13,181 11,799 13,188 Common stock equivalents due to dilutive effect of stock options....................... 281 280 275 407 ------- ------- ------- ------- Total weighted average common shares and equivalents outstanding....................... 11,858 13,461 12,074 13,595 ======= ======= ======= ======= Primary earnings per share..................... $ .81 $ .51 $ 2.21 $ .26 ======= ======= ======= ======= Total weighted average common shares and equivalents outstanding....................... 11,858 13,461 12,074 13,595 Additional dilutive shares using ending period market value versus average market value for the period when utilizing the treasury stock method regarding stock options. 17 14 62 31 ------- ------- ------- ------- Total shares for fully diluted earnings per share..................................... 11,875 13,475 12,136 13,626 ======= ======= ======= ======= Fully diluted earnings per share............... $ .81 $ .51 $ 2.19 $ .26 ===== ===== ======= =====