EXHIBIT 11

              Statement Regarding Computation of Per Share Earnings

               Three and Nine Months Ended March 31, 2004 and 2003

                (Dollars in thousands, except per share amounts)

<TABLE>
<CAPTION>
                                                                     Three months ended                    Nine months ended
                                                                          March 31,                             March 31,
                                                                ------------------------------        ------------------------------
                                                                    2004               2003               2004               2003
                                                                -----------        -----------        -----------        -----------
<S>                                                             <C>                <C>                <C>                <C>
Net income .............................................        $     2,966        $     3,572        $     9,220        $    11,220
                                                                ===========        ===========        ===========        ===========

Number of shares outstanding:
Weighted average shares issued .........................         11,900,000         11,900,000         11,900,000         11,900,000
Less: Weighted average shares held in treasury .........          5,104,998          4,791,118          5,056,044          4,689,711
Less: Average shares held by the ESOP ..................            952,000            952,000            952,000            952,000
Plus: ESOP shares released or committed to be
           released during the fiscal year .............            919,793            793,199            887,468            763,009
                                                                -----------        -----------        -----------        -----------
Average basic shares ...................................          6,762,795          6,950,081          6,779,424          7,021,298
Plus: Average common stock equivalents .................            430,153            514,710            448,481            525,230
                                                                -----------        -----------        -----------        -----------
Average diluted shares .................................          7,192,948          7,464,791          7,227,905          7,546,527
                                                                ===========        ===========        ===========        ===========

Earnings per common share:
        Basic ..........................................        $      0.44        $      0.51        $      1.36        $      1.60
                                                                ===========        ===========        ===========        ===========
        Diluted ........................................        $      0.41        $      0.48        $      1.28        $      1.49
                                                                ===========        ===========        ===========        ===========
</TABLE>


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