ITEM 6. (A) EXHIBIT 11 STATEMENT RE COMPUTATION OF NET INCOME PER SHARE (DOLLARS IN THOUSANDS, EXCEPT FOR NET INCOME PER SHARE) QUARTER ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, ------------------ ------------------ 1999 1998 1999 1998 -------- -------- -------- -------- Net income $ 6,623 $ 5,784 $ 18,151 $ 17,767 Less: Preferred stock dividend 42 44 126 128 -------- -------- -------- -------- Net income applicable to common stock $ 6,581 $ 5,740 $ 18,025 $ 17,639 Weighted average common shares outstanding 919,810 926,579 919,810 928,216 Net Income per common share-basic and diluted $ 7.15 $ 6.20 $ 19.59 $ 19.01