EX-11.1 4 y58674ex11-1.htm EXHIBIT 11.1 STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
 

Exhibit 11.1 Statement Regarding Computation Of Earnings Per Share

                 
            Year Ended
            December 31, 2001
           
            (In Thousands, Except
            Per Share Data)
  1.    
Net Income
   $ 222,860  
       
Preferred stock dividends declared
     (6,000 )
       
 
    
 
       
Net income available to common shareholders
   $ 216,860  
       
 
    
 
  2.    
Weighted average common shares outstanding
     95,967  
  3.    
ESOP shares not committed to be released
     (5,517 )
       
 
    
 
  4.    
Total weighted average common shares outstanding
     90,450  
       
 
    
 
  5.    
Basic earnings per common share
   $ 2.40  
       
 
    
 
  6.    
Total weighted average common shares outstanding
     90,450  
  7.    
Dilutive effect of stock options using the treasury stock method
     1,724  
       
 
    
 
  8.    
Total average common and common equivalent shares
     92,174  
       
 
    
 
  9.    
Diluted earnings per common share
   $ 2.35