EX-11 3 y65418exv11.txt STATEMENT RE COMPUTATION OF PER SHARE EARNINGS EXHIBIT 11. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
For the Nine Months Ended September 30, 2002 --------------------- (In Thousands, Except Per Share Data) 1. Net income $ 187,365 Preferred stock dividends declared (4,500) --------- Net income available to common shareholders $ 182,865 ========= 2. Weighted average common shares outstanding 89,568 3. ESOP shares not committed to be released (5,235) --------- 4. Total weighted average common shares outstanding 84,333 ========= 5. Basic earnings per common share $ 2.17 ========= 6. Total weighted average common shares outstanding 84,333 7. Dilutive effect of stock options using the treasury stock method 1,587 --------- 8. Total weighted average common and common equivalent shares outstanding 85,920 ========= 9. Diluted earnings per common share $ 2.13 =========