Exhibit 11

Statement re Computation of Per Share Earnings

The composition of basic and diluted earnings per share were as follows for:

(Dollars in thousands, except per share amounts)

	For the three months ended March 31,
	2014		2013
Net income available to common stockholders	$	6,274	$	14,050
Weighted average number of common shares outstanding		43,343,502		42,928,109
Effect of stock options		50,078		21,745
Weighted average diluted number of common shares outstanding		43,393,580		42,949,854
Basic earnings per share	$	0.14	$	0.33
Diluted earnings per share	$	0.14	$	0.33