8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) September 24, 2014 (September 19, 2014)

Metro Bancorp, Inc.

(Exact name of registrant as specified in its charter)

Pennsylvania	000-50961	25-1834776
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3801 Paxton Street, Harrisburg, Pennsylvania	17111
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code 888-937-0004

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At a joint meeting of the Board of Directors of Metro Bancorp, Inc. (“Metro”) and Metro Bank (“Bank”) on September 19, 2014, the Boards increased the number of directors on their Boards from ten to eleven members and elected Douglas R. Berry to serve on the respective Boards of Directors until Metro’s 2015 annual meeting of shareholders. At this meeting, Mr. Berry was appointed to serve as a member of both the Audit Committee and the Compensation Committee of Metro.

Mr. Berry will be compensated for his service on the same basis as other Metro and Bank directors are compensated.

Internal controls exist within Metro and the Bank to ensure that compliance with Regulation O, which deals with loans to insiders such as directors, is maintained on an ongoing basis. Accordingly, any loans or commitments to lend to such persons and to the companies with which they are associated were made (and will be made) in the ordinary course of business, on substantially the same terms, (including interest rates, collateral on the loans, and repayment terms), as those prevailing at the same time for comparable transactions with persons not related to or employed by Metro or the Bank.

At the same meeting, the Board appointed J. Rodney Messick to serve on the Compensation Committee and also appointed Board members Jessica E. Meyers and Thomas F. Smida to serve on both the Enterprise Risk Committee and the Nominating and Corporate Governance Committee.

Item 9.01. Financial Statements and Exhibits

Exhibit No.

99.1 Press Release dated September 24, 2014

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: September 24, 2014

Metro Bancorp, Inc.

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(Registrant)

/s/ Mark A. Zody

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Mark A. Zody

Chief Financial Officer

EXHIBIT INDEX

Exhibit No.Description

99.1 Press Release of Metro Bancorp, Inc. dated September 24, 2014

EX-99.1

NEWS RELEASE                    

FOR IMMEDIATE RELEASE

Contact: Natalie A. Neyer

Public Relations Manager

(717) 412-6207 (office)

(717) 602-8839 (cell)

natalie.neyer@mymetrobank.com

Metro Bancorp Appoints Douglas R. Berry to Board of Directors

HARRISBURG, Pa.(September 24, 2014) — Metro Bancorp, Inc. (NASDAQ: METR), parent company of Metro Bank, has announced the appointment of Douglas R. Berry, CPA, to the Company’s Board of Directors, effective September 19, 2014. The appointment increases the number of Metro Bancorp directors from 10 to 11.

“We are pleased to announce that Doug is joining the Board of Directors,” said Metro Bancorp Chairman of the Board, President and CEO Gary L. Nalbandian. “His extensive business and leadership experience will be a valuable asset to the Board as we continue to position the Bank for continued success.”

Berry is the CEO and president of Mechanicsburg-based Solar Renewable Energy, LLC (SRE), one of the leading developers, financiers and operators of commercial solar energy systems ranging in size from 200kW to 2.5MW. Through SRE, he has developed, managed and monitored more than 50 commercial solar systems in the Mid-Atlantic region over the last four years.

In addition, Berry is also the CEO and president of Achieve Energy Solutions, LLC (AES). The company is one of the fastest growing energy solution providers in the United States. Currently, AES represents more than 40 energy suppliers as well as 4,000 commercial and residential customers. Berry has been with SRE and AES since 2010 and 2012, respectively.

Prior to his work in the energy industry, Berry was a certified public accountant partner for more than 25 years. He began his public accounting career with KPMG, one of the largest professional services firms in the world and one of the Big Four auditors. During his 21 years with KPMG as a partner, Berry provided expertise to large financial institutions and clients in the senior living industry through feasibility studies, due diligence, market and demand analysis and loan support.

In 2004, Berry joined ParenteBeard, one of the Mid-Atlantic’s leading regional certified public accounting and consulting firms. During his six years with the firm, he helped grow the practice from six team members to 40 professionals in the Senior Living Service and Hospital Consulting Group of which he was the partner in charge. He also founded the firm’s Renewable Energy and Energy Efficiency Group in 2009.

A resident of Lewisberry, Berry graduated magna cum laude with a Bachelor of Science degree in business administration and accounting from Bloomsburg University.

Berry joins board members Gary L. Nalbandian, Chairman, President and CEO, Metro Bancorp, Inc.; James R. Adair, Former Banker and Businessman; John J. Cardello, CPA, Partner, SF & Company, P.C.; Douglas S. Gelder, Owner and President, DSG Development; Alan R. Hassman, President, ARH, Inc. and Keystone Lodging Enterprises, Inc.; J. Rodney Messick, Chief Financial Officer, Homesale Realty; Jessica E. Meyers, Owner and President, JEM Group; Michael A. Serluco, Owner, Consolidated Properties; Thomas F. Smida, Attorney, Mette, Evans & Woodside; Samir J. Srouji, M.D., Owner, Plastic Surgery, P.C.

About Metro Bank

Metro Bank, subsidiary of Metro Bancorp Inc. (NASDAQ: METR), is a financial services retailer with 33 stores in the counties of Berks, Cumberland, Dauphin, Lancaster, Lebanon and York. Headquartered in Harrisburg, Metro Bank opened its first location in Camp Hill, Pa. in 1985, pioneering industry-changing conveniences in Central Pennsylvania including seven-day branch banking, free personal checking, free customer coin-counting machines and use of a prototype store design. Additional services include free instant-issue Visa debit cards, free online and mobile banking and 24/7 live customer service. The bank also offers commercial banking services including term loans, commercial mortgages, lines of credit and cash management services. For more information about Metro Bank, visit mymetrobank.com

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