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EXHIBIT 11. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
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Six Months Ended
June 30, 2000
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(In Thousands, Except
Per Share Data)
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1. Net Income $111,357
Less: Preferred stock dividends declared 3,000
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Net income available to common shareholders $108,357
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2. Weighted average common shares outstanding 51,414
3. ESOP shares not committed to be released (2,924)
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4. Total weighted average common shares outstanding 48,490
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5. Basic earnings per common share $ 2.23
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6. Total weighted average common shares outstanding 48,490
7. Dilutive effect of stock options using the treasury
stock method 677
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8. Total average common and common equivalent
shares 49,167
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9. Diluted earnings per common share $ 2.20
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