1 EXHIBIT 11.01 STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (In thousands, except share data) THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, --------------------------------- -------------------------------- 1999 1998 1999 1998 ---- ---- ---- ---- BASIC: Weighted average common shares outstanding 52,812,661 50,480,166 52,439,186 27,651,839 Income available to common shareholders .. $ 1,889 $ 14,568 $ 5,611 $ 6,507 Basic earnings per share ................. $0.04 $0.29 $0.11 $0.24 DILUTED: Weighted average common shares outstanding 52,812,661 50,480,166 52,439,186 27,651,839 Assumed exercise of stock options ........ 69,875 255,522 126,334 166,948 Contingently issuable shares ............. 99,026 64,095 295,224 31,461 Total shares used in computation ......... 52,981,562 50,799,783 52,860,744 27,850,248 Income available to common shareholders .. $ 1,889 $ 14,568 $ 5,611 $ 6,507 Diluted earnings per share ............... $0.04 $0.29 $0.11 $0.23 29