Exhibit 11
QUEENS COUNTY BANCORP, INC.
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
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June 30, June 30,
(in thousands, except per share data) 2000 1999 2000 1999(1)
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<S> <C> <C> <C> <C>
Net income $7,770 $7,449 $15,364 $15,686
Weighted average common shares outstanding 17,610 18,678 17,679 18,618
Earnings per common share $0.44 $0.40 $0.87 $0.84
Weighted average common shares outstanding 17,610 18,678 17,679 18,618
Additional dilutive shares using average market
value for the period when utilizing the
Treasury stock method regarding stock options 187 534 190 518
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Total shares for diluted earnings per share 17,797 19,212 17,869 19,136
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Diluted earnings per common share
and common share equivalents $0.44 $0.39 $0.86 $0.82
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(1) 1999 data reflects a $1.1 million, or $0.06 per share, gain stemming from
the reversal of $2.0 million from the allowance for loan losses in the
first quarter.
