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EXHIBIT 11
STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE
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Quarter Ended Quarter Ended
June 30, 2000 June 30, 1999
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<S> <C> <C>
Net Income (Loss) $(23,760) $ 34,965
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Weighted average shares outstanding 208,468 222,451
Reduction for common shares not yet released by
Employee Stock Ownership Plan 10,578 12,244
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Total weighted average common shares
outstanding for basic computation 197,890 210,207
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Basic earnings (loss) per share $ (.12) $ .17
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Total weighted average common shares
outstanding for basic computation 197,890 210,207
Common stock equivalents due to dilutive
effect of stock options 2,641 2,948
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Total weighted average common shares and
equivalents outstanding for diluted computation 200,531 213,155
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Diluted earnings (loss) per share $ (.12) $ .16
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