Exhibit 11

North Fork Bancorporation, Inc.

COMPUTATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE
June 30, 2005
(unaudited)

	Three Months Ended				Six Months Ended
(dollars in thousands, except per share amounts)	June 30, 2005		June 30, 2004		June 30, 2005		June 30, 2004
Net Income	$	242,066	$	108,999	$	501,101	$	211,518
Common and Common Equivalent Shares:
Weighted Average Common Shares Outstanding		469,413		236,984		467,953		229,734
Weighted Average Common Equivalent Shares		5,496		3,490		6,165		3,872
Weighted Average Common and Common Equivalent Shares		474,909		240,474		474,118		233,606
Net Income per Common Share — Basic	$	.52	$	.46	$	1.07	$	.92
Net Income per Common and Common Equivalent Share — Diluted	$	.51	$	.45	$	1.06	$	.91