Exhibit 11

NEW YORK COMMUNITY BANCORP, INC.

STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share data)	2003		2002		2003		2002
Net income	$	71,752	$	58,129	$	139,120	$	104,450
Weighted average common shares outstanding		132,341		135,425		134,552		133,465
Basic earnings per common share	$	0.54	$	0.43	$	1.03	$	0.78
Weighted average common shares outstanding		132,341		135,425		134,552		133,465
Additional dilutive shares using average market value for the period when utilizing the treasury stock method regarding stock options		3,200		1,557		2,538		1,436
Total shares for diluted earnings per share		135,542		136,982		137,090		134,901
Diluted earnings per common share and common share equivalents	$	0.53	$	0.43	$	1.01	$	0.77