Attached files

file filename
10-Q - METRO BANCORP, INC. FORM 10Q - METRO BANCORP, INC.metro10q.htm
EX-32 - EXHIBIT 32 - METRO BANCORP, INC.ex32.htm
EX-99.1 - EXHIBIT 99.1 - METRO BANCORP, INC.ex99-1.htm
EX-31.1 - EXHIBIT 31.1 - METRO BANCORP, INC.ex31-1.htm
EX-31.2 - EXHIBIT 31.2 - METRO BANCORP, INC.ex31-2.htm

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