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10-Q - METRO BANCORP, INC.a2011q110q.htm
EX-31.1 - METRO BANCORP, INC.exhibit311certificationofc.htm
EX-32 - METRO BANCORP, INC.exhibit32certificationofco.htm
EX-31.2 - METRO BANCORP, INC.exhibit312certificationofc.htm
 

Exhibit 11.
Metro Bancorp, Inc.
 
Computation of Net Income Per Share
 
 
For the Quarter Ended March 31, 2011
 
 
Income
 
Shares
 
Per Share
Amount
 
Basic Earnings Per Share:
 
 
 
 
 
 
Net income
$
1,532,000
 
 
 
 
 
 
Preferred stock dividends
(20,000
)
 
 
 
 
 
Income available to common stockholders
1,512,000
 
 
13,778,580
 
 
$
0.11
 
 
Effect of Dilutive Securities:
 
 
 
 
 
 
Stock options
 
 
7
 
 
 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
Income available to common stockholders plus
  assumed conversions
$
1,512,000
 
 
13,778,587
 
 
$
0.11
 
 
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