EXHIBIT 99.1

FOR IMMEDIATE RELEASE
- ---------------------

For: MAF Bancorp, Inc. Contacts: Jerry A. Weberling, Chief
55th Street & Holmes Avenue Financial Officer
Clarendon Hills, IL 60514 (630) 887-5999

www.mafbancorp.com Michael J. Janssen, SVP
(630) 986-7544

MAF BANCORP REPORTS FIRST QUARTER EARNINGS OF
$.72 PER SHARE

Clarendon Hills, Illinois, April 20, 2005 - MAF Bancorp, Inc. (MAFB) reported
net income for the first quarter ended March 31, 2005 of $24.2 million, or $.72
per diluted share, compared to $24.8 million, or $.73 per diluted share, in last
year's first quarter. First quarter results met management's plan, and the
Company continues to target annual earnings per share growth of 8% to 10% in
2005.

NET INTEREST INCOME AND NET INTEREST MARGIN

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

Net interest margin............................... 3.04% 3.07% 3.10%
Interest rate spread.............................. 2.82% 2.85% 2.90%
Net interest income (000's)....................... $ 67,539 $ 67,530 $ 64,029

AVERAGE ASSETS:
Yield on interest-earning assets.................. 5.04% 4.99% 4.94%
Yield on loans receivable...................... 5.22% 5.16% 5.14%
Yield on mortgage-backed securities............ 4.05% 3.88% 3.74%
Yield on investment securities................. 5.00% 5.26% 5.11%
Average interest-earning assets (000's)........... $8,899,553 $8,804,297 $8,264,886

AVERAGE LIABILITIES:
Cost of interest-bearing liabilities.............. 2.22% 2.14% 2.04%
Cost of deposits............................... 1.62% 1.51% 1.34%
Cost of borrowed funds......................... 3.50% 3.44% 3.58%
Average interest-bearing liabilities (000's)...... $8,045,667 $7,915,439 $7,472,967

NET INTEREST MARGIN: MARCH 2005 V. DECEMBER 2004. The net interest margin
declined during the quarter as deposits and other borrowings repriced faster
than asset yields as short-term interest rates rose. The six basis point
improvement in the yield on loans receivable was primarily the result of an
increase in the yield on the equity line of credit portfolio, which in a rising
rate environment, reprices more quickly than other components of the loan
portfolio. The 11 basis point rise in the cost of deposits is largely due to
higher rates on money market accounts and certificates of deposit driven by the
higher short-term interest rates and more aggressive deposit pricing as the
Company competes for deposit growth in its markets. As previously disclosed, the
Company expects that the flatter yield curve and increased competition for
deposits will pressure its net interest margin throughout 2005.

The increases in average interest-earning assets and liabilities during the
quarter were the result of the acquisition of Chesterfield Financial Corp.,
which closed on October 31, 2004. Average interest-earning assets grew $95
million or 1.1% during the quarter, with growth occurring primarily in the
balance of mortgage-backed securities, which increased $191 million, or 18%,
primarily to redeploy proceeds from loan sales and the redemption of stock in
the Federal Home Loan Bank of Chicago. Average loans receivable

balances declined by $50.9 million during the quarter as loan origination
volumes were lower than in the fourth quarter of 2004, the Bank experienced some
large, expected paydowns on business banking loans and growth in equity line of
credit balances has slowed from the strong growth in 2004.

The growth in average interest-earning assets during the quarter was primarily
funded by deposits. Compared to the fourth quarter of 2004, the average balance
of interest-bearing deposits rose by $131 million, or 2.4%, to $5.48 billion
during the first quarter of 2005.

NET INTEREST MARGIN: MARCH 2005 V. MARCH 2004. On a year-over-year basis, the
net interest margin declined by six basis points. Compared to the prior year
quarter, the Company's average asset yields in the current quarter were 10 basis
points higher, while the average cost of interest-bearing liabilities increased
by 18 basis points. Average interest-earning assets and average-interest bearing
liabilities both grew by 7.7% over the past year, due both to the Chesterfield
acquisition and organic balance sheet growth.

LENDING PRODUCTION

QE 3/31/05 QE 12/31/04 QE 3/31/04
-------------------- ----------------------- ----------------------
AMOUNT % AMOUNT % AMOUNT %
-------- ------ ---------- ------ -------- -------

ORIGINATIONS BY LOAN CATEGORY (000'S)
- -------------------------------------
1-4 family............................. $414,729 50.4% $ 510,301 48.2% $553,422 61.4%
Equity lines of credit(1).............. 281,004 34.1 320,797 30.3 231,983 25.8
Multi-family........................... 32,667 4.0 32,717 3.1 34,176 3.8
Commercial real estate and
commercial business loans.......... 49,030 6.0 103,710 9.8 49,034 5.4
Construction and land.................. 37,807 4.5 81,424 7.7 27,984 3.1
Other.................................. 8,387 1.0 9,966 0.9 4,284 0.5
-------- ----- ---------- ----- -------- -----
Total loan originations................ $823,624 100.0% $1,058,915 100.0% $900,883 100.0%
======== ===== ========== ===== ======== =====

1-4 FAMILY ORIGINATIONS
- -----------------------
Fixed rate %........................... 32% 33% 41%
Adjustable rate %...................... 68 67 59
Refinance %............................ 40 35 51
<FN>
(1) Represents total disbursements during the quarter on all home equity lines,
including amounts related to lines newly originated during the quarter and
lines previously outstanding. This does not reflect any unused amounts that
remain available at quarter end.
</FN>

Total 1-4 family residential mortgage loan volume was down 19% during the past
three months compared to the fourth quarter of 2004, and more than 25% lower
than in the first quarter of 2004, trends that are consistent with the overall
slowdown in the mortgage industry. Home equity volumes were also down in the
current quarter, but home equity balances remained steady at $1.32 billion at
March 31, 2005 compared to $1.34 billion at December 31, 2004, despite the sale
of $76.8 million of equity line of credit balances during the quarter. Home
equity balances at March 31, 2004 were $1.04 billion. Home equity loans are
primarily floating-rate assets and represent approximately 19% of the Company's
total loan portfolio at March 31, 2005, compared to 16% at March 31, 2004.

NON-INTEREST INCOME

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

Total non-interest income (000's).................. $17,835 $17,293 $20,395
Non-interest income / total revenue(1)............. 20.9% 20.4% 24.2%
<FN>
(1) total revenue = net interest income plus non-interest income
</FN>

OVERVIEW. As anticipated, the Company had no real estate development income
during the first quarter of 2005 which, together with lower investment
securities gains, resulted in a $2.6 million decline in non-interest income for
the current quarter compared to the first quarter of 2004. Higher gains on sale
of loans in the current period offset some of the declines in other non-interest
income areas.

LOAN SALES AND LOAN SERVICING

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

LOAN SALES
- ----------
1-4 family mortgage loans:
Fixed-rate (000's).......................................... $145,525 $154,490 $128,649
Adjustable rate (000's)..................................... 8,364 55,590 4,832
-------- -------- --------
Total (000's)............................................. 153,889 210,080 133,481
Equity lines of credit (000's)................................ 76,843 - -
-------- -------- --------
Total loans sold (000's)...................................... $230,732 $210,080 $133,481
======== ======== ========

Gain on sale of 1-4 family mortgages (000's).................. $ 1,946 $ 2,860 $ 1,780
Gain on sale of equity lines of credit (000's)................ 1,930 - -
-------- -------- --------
Total loan sale gains (000's)............................. $ 3,876 $ 2,860 $ 1,780
======== ======== ========
Margin on 1-4 family loan sales (basis points)................ 126 136 133
Margin on equity lines of credit sale (basis points).......... 251 - -

LOAN SERVICING
- --------------
Loan servicing fee income (000's)............................. $ 681 $ 521 $ 241
Valuation recovery on mortgage servicing rights (000's)....... 125 317 555
Capitalized mortgage servicing rights as a percentage of loans
serviced for others (basis points)........................ 69 71 71

The Company is expanding its wholesale equity line of credit production and
expects to continue sales of these single-service loan types during 2005 if
favorable pricing trends continue. The decline in traditional loan sale volume
during the quarter was due primarily to the overall slowdown in residential
lending.

DEPOSIT ACCOUNT SERVICE FEES

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

Deposit service charges (000's)............................... $ 7,646 $ 8,687 $ 7,856
Deposit service fees / total revenue.......................... 9.0% 10.2% 9.3%
Number of checking accounts (period end)...................... 246,500 245,000 235,600

While deposit account service fees remained relatively stable with fees recorded
in last year's first quarter, on a sequential quarter basis this revenue source
was down 12%, reflecting heavy competition for consumer checking accounts and
declines in consumer overdraft activity.

REAL ESTATE DEVELOPMENT OPERATIONS

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

Real estate development income - total (000's).................... $ - $ 1,396 $ 1,102
Residential lot sales............................................. - 22 25
Pending lot sales at quarter end.................................. 169 - 58
Investment in real estate held for development or sale (000's).... $40,173 $35,091 $32,557

The Company had no real estate development income during the quarter as it
continued its development work in the new Springbank development in Plainfield,
IL. As previously disclosed, the Company expects the initial lot sales in
Springbank to begin closing in the second half of the year. The Company has
offered initial lots for sale to builders in the first phase of the development
and has experienced healthy demand to date. At March 31, 2005, 169 lots were
under contract for sale.

SECURITIES SALES AND WRITEDOWNS

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

INVESTMENT SECURITIES:
Net gains (losses) on sale and writedowns (000's)............. $ 498 $(1,983) $2,834

MORTGAGE-BACKED SECURITIES:
Net gains on sale (000's)..................................... - 11 $ 489

There was minimal securities sale activity during the current quarter. The loss
in the fourth quarter of last year was attributable to a $2.0 million
other-than-temporary impairment writedown on the carrying value of $8.8 million
of floating-rate Freddie Mac preferred stock investments. In last year's first
quarter, three investment securities on which other-than-temporary impairment
writedowns had been taken in prior years were sold at substantial gains.

NON-INTEREST EXPENSE

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

Total non-interest expense (000's)............................ $48,155 $46,511 $46,890
Non-interest expense to average assets........................ 1.99% 1.95% 2.10%
Efficiency ratio(1)........................................... 56.74% 53.59% 57.82%
<FN>
(1) The efficiency ratio is calculated by dividing non-interest expense by the
sum of net interest income and non-interest income, excluding net
gain/(loss) on sale and writedown of mortgage-backed and investment
securities.
</FN>

1ST QUARTER 2005 V. 4TH QUARTER 2004. Total non-interest expense increased by
$1.6 million compared to the fourth quarter of 2004 as compensation expense
increases were offset by declines in other categories. Compensation and benefits
expense increased by $2.9 million during the first quarter, primarily due to
higher incentive and employment tax expenses. Other non-interest expenses
declined by $1.2 million due primarily to lower losses from fraud, bad checks
and debit card writeoffs.

1ST QUARTER 2005 V. 1ST QUARTER 2004. Compared to a year ago, total non-interest
expenses increased by $1.3 million, or 2.7%. Modest advances in compensation,
occupancy and other expenses were partially offset by declines in advertising.

Income tax expense totaled $13.0 million in the current quarter, equal to an
effective income tax rate of 35.0%, an increase from the 33.8% reported in the
fourth quarter of 2004 and the 33.4% effective rate reported for the quarter
ended March 31, 2004. In the 2004 quarterly periods, the effective tax rate was

lower due to the resolution of certain prior years' income tax matters.

ASSET QUALITY

QE 3/31/05 QE 12/31/04 QE 3/31/04
---------- ----------- ----------

Non-performing loans (NPL) (000's)............................ $30,309 $31,473 $30,259
Non-performing assets (NPA) (000's)........................... $31,779 $32,960 $32,179
NPL / total loans............................................. .44% .46% .47%
NPA / total assets............................................ .33% .34% .35%
Allowance for loan losses (ALL) (000's)....................... $36,249 $36,255 $34,437
ALL / total loans............................................. .53% .53% .53%
ALL / NPL..................................................... 119.6% 115.2% 113.8%
Provision for loan losses (000's)............................. $ - $ 285 $ 300
Net charge-offs (000's)....................................... $ 6 $ 263 $ 418

The Company continues to maintain strong asset quality. Asset quality ratios
were basically unchanged compared to the quarter ended December 31, 2004 and the
year ago period. At March 31, 2005, 91% of non-performing loans consisted of
loans secured by one-to four-family residential properties, slightly higher than
the 89% reported at December 31, 2004.

BALANCE SHEET & CAPITAL

3/31/05 12/31/04 3/31/04
---------- ---------- ----------

ASSETS:
Total assets (000's).......................................... $9,710,873 $9,681,384 $9,077,753
Loans receivable (000's)...................................... 6,831,830 6,881,780 6,454,210
Mortgage-backed securities (000's)............................ 1,314,000 1,193,189 1,045,142

LIABILITIES AND EQUITY:
Total liabilities (000's)..................................... $8,757,803 $8,706,998 $8,162,889
Deposits (000's).............................................. 6,014,946 5,935,708 5,618,127
Borrowed funds (000's)........................................ 2,575,155 2,600,667 2,381,838
Stockholders' equity (000's).................................. 953,070 974,386 914,864

OTHER:
1-4 family residential loans / total loans.................... 59.1% 58.7% 60.7%
Core deposits / total deposits................................ 58.9% 59.6% 59.9%
Book value per share.......................................... $ 29.27 $ 29.28 $ 27.79
Stockholders' equity / total assets........................... 9.8% 10.1% 10.1%

Deposits increased by $79.2 million in the quarter equal to an annualized growth
rate of 5.3%. Total assets increased by $29.5 million over the past three
months. At March 31, 2005, 1-4 family residential loans (exclusive of home
equity loans) comprised 59.1% of total loans. Commercial real estate and
commercial business loans represented 9.4% of the loan portfolio at March 31,
2005, only slightly lower than the 9.5% at December 31, 2004.

Stockholders' equity declined by $21.3 million in the quarter largely due to the
expenditure of $27.8 million for the repurchase of Company stock. The Company
repurchased 644,000 shares during the quarter at an average price of $43.16 per
share. There remained 700,000 shares authorized for repurchase under the
Company's 1.2 million share repurchase program announced in January 2005.
Stockholders' equity was also impacted by the $10.8 million decline in the fair
value of the Company's available for sale securities portfolio resulting from
the substantial increase in short-term interest rates during the

quarter. The Bank's tangible, core and risk-based capital percentages of 7.43%,
7.43% and 11.79%, respectively, at March 31, 2005, exceeded minimum and
well-capitalized regulatory capital requirements.

Following March 31, 2005, the Company formed a special purpose finance
subsidiary, and the subsidiary issued $30 million in trust preferred securities
on April 15, 2005. The trust preferred securities mature in 30 years and are
callable at par in five years at the Company's option. The Company will pay
interest on the indebtedness at 3 month LIBOR plus 1.75%, resetting quarterly.
The proceeds were used to repay amounts drawn on the Company's existing $55
million line of credit, which remains available for general corporate purposes,
including the Company's stock repurchase program.

MAF Bancorp is the parent company of Mid America Bank, a federally chartered
stock savings bank. The Bank currently operates a network of 72 retail banking
offices throughout Chicago and Milwaukee and their surrounding areas. Offices in
Wisconsin operate under the name "St. Francis Bank, a division of Mid America
Bank." The Company's common stock trades on the Nasdaq Stock Market under the
symbol MAFB.

Forward-Looking Information
---------------------------

Statements contained in this news release that are not historical facts,
constitute forward-looking statements (within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended), which involve significant risks
and uncertainties. The Company intends such forward-looking statements to be
covered by the safe harbor provisions for forward-looking statements contained
in the Private Securities Litigation Reform Act of 1995, and is including this
statement for purposes of invoking these safe harbor provisions. These
forward-looking statements, which are based on certain assumptions and describe
future plans, strategies and expectations of the Company, are generally
identifiable by use of the words "believe," "expect," "intend," "anticipate,"
"estimate," "project," "plan," or similar expressions. The Company's ability to
predict results or the actual effect of future plans or strategies is inherently
uncertain and actual results may differ from those predicted. The Company
undertakes no obligation to update these forward-looking statements in the
future.

Factors which could have a material adverse effect on operations and could
affect management's outlook or future prospects of the Company and its
subsidiaries include, but are not limited to, higher than expected overhead,
infrastructure and compliance costs, unanticipated changes in interest rates or
further flattening of the yield curve, less than anticipated balance sheet
growth, demand for loan products, unanticipated changes in secondary mortgage
market conditions, deposit flows, competition, adverse federal or state
legislative or regulatory developments, monetary and fiscal policies of the U.S.
Government, including policies of the U.S. Treasury and Federal Reserve Board,
deteriorating economic conditions which could result in increased delinquencies
in MAF's loan portfolio, the quality or composition of MAF's loan or investment
portfolios, demand for financial services and residential real estate in MAF's
market area, delays in real estate development projects, the possible short-term
dilutive effect of other potential acquisitions, if any, and changes in
accounting principles, policies and guidelines. These risks and uncertainties
should be considered in evaluating forward-looking statements and undue reliance
should not be placed on such statements.

MAF BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share data)

THREE MONTHS ENDED
MARCH 31,
------------------------
2005 2004
-------- --------
(UNAUDITED)

Interest income................................................. $111,524 102,007
Interest expense................................................ 43,985 37,978
-------- -------
Net interest income......................................... 67,539 64,029
Provision for loan losses....................................... - 300
-------- -------
Net interest income after provision for loan losses......... 67,539 63,729

Non-interest income:
Net gain on sale of:
Loans receivable held for sale.......................... 3,876 1,780
Mortgage-backed securities.............................. - 489
Investment securities................................... 498 2,834
Foreclosed real estate.................................. 134 146
Income from real estate operations.......................... - 1,102
Deposit account service charges............................. 7,646 7,856
Other loan fees............................................. 1,140 1,527
Loan servicing fee income, net.............................. 681 241
Valuation recovery on mortgage servicing rights............. 125 555
Brokerage commissions....................................... 1,015 1,096
Other....................................................... 2,720 2,769
-------- -------
Total non-interest income............................... 17,835 20,395

Non-interest expense:
Compensation and benefits................................... 26,630 25,634
Office occupancy and equipment.............................. 6,981 6,503
Advertising and promotion................................... 2,022 2,407
Data processing............................................. 2,044 2,118
Other....................................................... 9,741 9,488
Amortization of core deposit intangibles.................... 737 740
-------- -------
Total non-interest expense.................................. 48,155 46,890
-------- -------
Income before income taxes.............................. 37,219 37,234
Income taxes.................................................... 13,042 12,440
-------- -------
Net income.................................................. 24,177 24,794
======== =======

Basic earnings per share........................................ .73 .75
======== =======
Diluted earnings per share...................................... .72 .73
======== =======

MAF BANCORP, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
(Dollars in thousands)

MARCH 31, DECEMBER 31,
2005 2004
---------- ------------
(UNAUDITED)

ASSETS
Cash and due from banks........................................................ $ 124,281 $ 148,055
Interest-bearing deposits...................................................... 33,597 56,089
Federal funds sold............................................................. 83,774 42,854
---------- ----------
Total cash and cash equivalents............................................ 241,652 246,998
Investment securities available for sale, at fair value........................ 400,102 388,959
Stock in Federal Home Loan Bank of Chicago, at cost............................ 233,916 278,916
Mortgage-backed securities available for sale, at fair value................... 1,038,672 948,168
Mortgage-backed securities held to maturity (fair value $268,927 and $244,615). 275,328 245,021
Loans receivable held for sale................................................. 28,660 39,521
Loans receivable, net.......................................................... 6,839,419 6,878,514
Allowance for loan losses...................................................... (36,249) (36,255)
---------- ----------
Loans receivable, net of allowance for loan losses.......................... 6,803,170 6,842,259
---------- ----------
Accrued interest receivable.................................................... 35,790 34,888
Foreclosed real estate......................................................... 1,470 1,487
Real estate held for development or sale....................................... 40,173 35,091
Premises and equipment, net.................................................... 139,502 140,898
Other assets................................................................... 129,560 135,249
Goodwill....................................................................... 305,166 305,166
Intangibles.................................................................... 37,712 38,763
---------- ----------
$9,710,873 $9,681,384
========== ==========
LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities:
Deposits................................................................... 6,014,946 5,935,708
Borrowed funds............................................................. 2,575,155 2,600,667
Advances by borrowers for taxes and insurance.............................. 44,757 43,285
Accrued expenses and other liabilities..................................... 122,945 127,338
---------- ----------
Total liabilities 8,757,803 8,706,998
---------- ----------
Stockholders' equity:

Preferred stock, $.01 par value; authorized 5,000,000 shares; none
outstanding............................................................ - -
Common stock, $.01 par value; 80,000,000 shares authorized; 33,634,642
shares issued; 32,558,252 and 33,273,235 shares outstanding............ 336 336
Additional paid-in capital..................................................... 526,052 522,047
Retained earnings, substantially restricted.................................... 486,050 468,408
Accumulated other comprehensive income (loss), net of tax...................... (12,508) (1,676)
Stock in Gain Deferral Plan; 245,467 shares at December 31, 2004............... - 1,211
Treasury stock, at cost; 1,076,390 and 361,407 shares.......................... (46,860) (15,940)
---------- ----------
Total stockholders' equity................................................. 953,070 974,386
---------- ----------
$9,710,873 $9,681,384
========== ==========

MAF BANCORP, INC. AND SUBSIDIARIES
SELECTED FINANCIAL DATA
(In thousands, except share data)
(Unaudited)

MARCH 31, DECEMBER 31, MARCH 31,
2005 2004 2004
---------- ------------ ---------

Book value per share....................... $ 29.27 $ 29.28 27.79
Tangible book value per share.............. 19.52 19.72 19.42
Stockholders' equity to total assets....... 9.81% 10.06% 10.08%
Tangible stockholders' equity to tangible
assets................................. 6.77 7.01 7.26
Tangible capital ratio (Bank only)......... 7.43 7.14 7.11
Core capital ratio (Bank only)............. 7.43 7.14 7.11
Risk-based capital ratio (Bank only)....... 11.79 11.30 11.43
Common shares outstanding:
Actual................................. 32,558,252 33,273,235 32,915,327
Basic (weighted average for quarter)... 32,937,772 33,165,321 33,063,842
Diluted (weighted average for quarter). 33,685,672 33,961,253 33,931,769
Non-performing loans....................... $ 30,309 $ 31,473 30,259
Non-performing assets...................... 31,779 32,960 32,179
Allowance for loan losses.................. 36,249 36,255 34,437
Non-performing loans to total loans........ .44% .46% .47%
Non-performing assets to total assets...... .33 .34 .35
Allowance for loan losses to total loans... .53 .53 .53
Mortgage loans serviced for others......... $ 3,659,359 $ 3,641,445 3,368,439
Capitalized mortgage servicing rights, net. 25,383 25,697 23,808
Core deposit intangibles................... 12,329 13,066 13,321

THREE MONTHS ENDED
MARCH 31,
----------------------------
2005 2004
---------- ----------

Average balance data:
Total assets.............................................. $9,658,497 $8,937,401
Loans receivable.......................................... 6,910,358 6,457,794
Interest-earning assets................................... 8,899,553 8,264,886
Interest-bearing deposits................................. 5,476,756 5,154,067
Interest-bearing liabilities.............................. 8,045,667 7,472,967
Stockholders' equity...................................... 968,343 911,200

Performance ratios (annualized):
Return on average assets.................................. 1.00% 1.11%
Return on average equity.................................. 9.99 10.88
Average yield on interest-earning assets.................. 5.04 4.94
Average cost of interest-bearing liabilities.............. 2.22 2.04
Interest rate spread...................................... 2.82 2.90
Net interest margin....................................... 3.04 3.10
Average interest-earning assets to average
interest-bearing liabilities.......................... 110.61 110.60
Non-interest expense to average assets.................... 1.99 2.10
Non-interest expense to average assets and loans
serviced for others................................... 1.45 1.53
Efficiency ratio(1)....................................... 56.74 57.82
Loan originations............................................. $ 823,624 $ 900,883
Loans sold.................................................... 230,732 133,481
Cash dividends declared per share............................. .23 .21
<FN>
(1) The efficiency ratio is calculated by dividing non-interest expense by the
sum of net interest income and non-interest income, excluding net
gain/(loss) on sale and writedown of mortgage-backed and investment
securities.
</FN>