EXHIBIT 11
RICHMOND COUNTY FINANCIAL CORP.
STATEMENTS RE: COMPUTATION OF PER SHARE EARNINGS
(In Thousands, Except Share and Per Share Amounts)
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For the
Three Months Ended
September 30,
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2000 1999
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<S> <C> <C>
Net income (loss) $ 9,364 $ 9,109
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Weighted average common shares outstanding 24,500,417 28,081,155
Common stock equivalents due to dilutive effect
of stock options - -
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Total weighted average common shares and
equivalents 24,500,417 28,081,155
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Basic earnings per common and common share
equivalents $ 0.38 $ 0.32
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Total weighted average common shares and
equivalents outstanding 24,500,417 28,081,155
Additional dilutive shares using ending period
market value versus average market value for
the period when utilizing the treasury
stock method regarding stock options 441,872 330,123
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Total shares for dilutive earnings per share 24,942,289 28,411,278
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Diluted earnings per common share equivalents $ 0.38 $ 0.32
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