EX-11 2 ex11.htm EXHIBIT 11 Unassociated Document
Exhibit 11.
Metro Bancorp, Inc.
 
Computation of Net Income Per Share
 
 
For the Quarter Ended March 31, 2010
   
Loss
 
Shares
 
Per Share
Amount
 
Basic Loss Per Share:
         
 
Net income
$      6,000
       
 
Preferred stock dividends
(20,000)
       
 
Loss available to common stockholders
(14,000)
 
13,469,157
 
$ 0.00
 
Effect of Dilutive Securities:
         
 
Stock options
   
       -
   
 
Diluted Loss Per Share:
         
 
Loss available to common stockholders plus assumed conversions
$ (14,000)
 
13,469,157
 
$  0.00
 
For the Quarter Ended March 31, 2009
   
Income
 
Shares
 
Per Share
Amount
 
Basic Earnings Per Share:
         
 
Net income
$ 837,000
       
 
Preferred stock dividends
(20,000)
       
 
Income available to common stockholders
817,000
 
6,464,559
 
$ 0.13
 
Effect of Dilutive Securities:
         
 
Stock options
   
53,105
   
 
Diluted Earnings Per Share:
         
 
Income available to common stockholders plus assumed conversions
$ 817,000
 
6,517,664
 
$ 0.13