EXHIBITS ======== EXHIBIT NUMBER 11 DIME COMMUNITY BANCSHARES, INC. AND SUBSIDIARY STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS For the Three Months For the Nine Months Ended March 31, Ended March 31, --------------------- -------------------- Amounts in thousands 2000 1999 2000 1999 ------- ------- ------- ------- Net income $5,762 $5,549 $16,738 $14,217 Weighted average common shares outstanding 11,252 11,343 11,429 10,700 Basic earnings per common shares $0.51 $0.49 $1.46 $1.33 ======= ======= ======= ======= Total weighted average common shares outstanding 11,252 11,343 11,429 10,700 Unvested shares of Recognition and Retention Plan and common stock equivalents due to dilutive effect of stock options 415 878 568 901 ------- ------- ------- ------- Total weighted average common shares and common share equivalents utilized for diluted earnings per share 11,667 12,221 11,997 11,601 ======= ======= ======= ======= Diluted earnings per common share and common share equivalents $0.49 $0.45 $1.40 $1.23 ======= ======= ======= =======