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NEW YORK BANCORP INC.
241-02 Northern Boulevard
Douglaston, New York 11362
Form 10-Q
December 31, 1996
Exhibit 11. Statement re: Computation of Per Share Earnings
Three Months Ended
December 31,
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1996 1995(1)
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(In Thousands, except
per share amounts)
Net income............................................. $10,264 $ 7,828
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Weighted average common shares outstanding............. 16,623 17,910
Common stock equivalents due to dilutive
effect of stock options............................... 616 420
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Total weighted average common shares and
equivalents outstanding............................... 17,239 18,330
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Primary earnings per share............................. $ .60 $ .43
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Total weighted average common shares and
equivalents outstanding............................... 17,239 18,330
Additional dilutive shares using ending
period market value versus average
market value for the period when utilizing the
treasury stock method regarding stock options......... 76 78
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Total shares for fully diluted earnings per share...... 17,315 18,408
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Fully diluted earnings per share....................... $ .59 $ .43
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(1) Share and per share information have been restated to fully reflect the
3-for-2 stock split effective January 23, 1997.