1 EXHIBIT 11. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS Six Months Ended June 30, 2000 ---------------------------- (In Thousands, Except Per Share Data) 1. Net Income $111,357 Less: Preferred stock dividends declared 3,000 ------- Net income available to common shareholders $108,357 ======= 2. Weighted average common shares outstanding 51,414 3. ESOP shares not committed to be released (2,924) ------- 4. Total weighted average common shares outstanding 48,490 ======= 5. Basic earnings per common share $ 2.23 ======= 6. Total weighted average common shares outstanding 48,490 7. Dilutive effect of stock options using the treasury stock method 677 ------- 8. Total average common and common equivalent shares 49,167 ======= 9. Diluted earnings per common share $ 2.20 ======= 38