Exhibit 11. Metro Bancorp, Inc.

Computation of Net Income (Loss) Per Share

For the Quarter Ended September 30, 2009
	Loss			Shares		Per Share Amount
Basic Loss Per Share:
Net loss	$	(490,000	)
Preferred stock dividends		(20,000	)
Loss available to common stockholders		(510,000	)		6,591,363	$	(0.08	)
Effect of Dilutive Securities:
Stock options					-
Diluted Loss Per Share:
Loss available to common stockholders plus assumed conversions	$	(510,000	)		6,591,363	$	( 0.08	)

For the Quarter Ended September 30, 2008
	Income			Shares		Per Share Amount
Basic Earnings Per Share:
Net income	$	3,433,000
Preferred stock dividends		(20,000	)
Income available to common stockholders		3,413,000			6,358,412	$	0.54
Effect of Dilutive Securities:
Stock options					172,830
Diluted Earnings Per Share:
Income available to common stockholders plus assumed conversions	$	3,413,000			6,531,242	$	0.52

For the Nine Months Ended September 30, 2009
	Loss			Shares		Per Share Amount
Basic Loss Per Share:
Net loss	$	(1,008,000	)
Preferred stock dividends		(60,000	)
Loss available to common stockholders		(1,068,000	)		6,520,215	$	(0.16	)
Effect of Dilutive Securities:
Stock options					-
Diluted Loss Per Share:
Loss available to common stockholders plus assumed conversions	$	(1,068,000	)		6,520,215	$	(0.16	)
For the Nine Months Ended September 30, 2008
	Income			Shares		Per Share Amount
Basic Earnings Per Share:
Net income	$	10,145,000
Preferred stock dividends		(60,000	)
Income available to common stockholders		10,085,000			6,342,124	$	1.59
Effect of Dilutive Securities:
Stock options					168,381
Diluted Earnings Per Share:
Income available to common stockholders plus assumed conversions	$	10,085,000			6,510,505	$	1.55