<PAGE> 1
EXHIBIT 11. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
<TABLE>
<CAPTION>
Nine Months Ended
September 30, 2000
------------------
(In Thousands, Except
Per Share Data)
<S> <C>
1. Net Income $165,046
Less: Preferred stock dividends declared 4,500
-------
Net income available to common shareholders $160,546
=======
2. Weighted average common shares outstanding 51,145
3. ESOP shares not committed to be released (2,892)
-------
4. Total weighted average common shares outstanding 48,253
=======
5. Basic earnings per common share $ 3.33
=======
6. Total weighted average common shares outstanding 48,253
7. Dilutive effect of stock options using the treasury
stock method 714
-------
8. Total average common and common equivalent
shares 48,967
=======
9. Diluted earnings per common share $ 3.28
=======
</TABLE>
39