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 2001 2000 2001 2000 ------- ------- ------- ------- Net income $6,560 $5,762 $18,125 $16,738 Weighted average common shares outstanding 10,550 11,252 10,594 11,429 Basic earnings per common shares $0.62 $0.51 $1.71 $1.46 ======= ======= ======= ======= Total weighted average common shares outstanding 10,550 11,252 10,594 11,429 Unvested shares of Recognition and Retention Plan and common stock equivalents due to dilutive effect of stock options 662 415 573 568 ------- ------- ------- ------- Total weighted average common shares and common share equivalents utilized for diluted earnings per share 11,212 11,667 11,167 11,997 ======= ======= ======= ======= Diluted earnings per common share and common share equivalents $0.59 $0.49 $1.62 $1.40 ======= ======= ======= =======