EXHIBITS
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EXHIBIT NUMBER 11
DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARY
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
For the Three Months For the Six Months
Ended December 31, Ended December 31,
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Amounts in thousands
1999 1998 1999 1998
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Net income $5,416 $4,685 $10,976 $8,668
Weighted average common shares
outstanding 11,425 10,219 11,517 10,392
Basic earnings per common shares $0.47 $0.46 $0.95 $0.83
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Total weighted average common shares
outstanding 11,425 10,219 11,517 10,392
Unvested shares of Recognition and
Retention Plan and common stock
equivalents due to dilutive
effect of stock options 581 922 616 906
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Total weighted average common shares and
common share equivalents utilized for
diluted earnings per share 12,006 11,141 12,133 11,298
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Diluted earnings per common share and
common share equivalents $0.45 $0.42 $0.90 $0.77
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