Attached files

file filename
10-Q - METRO BANCORP, INC. FORM 10-Q - METRO BANCORP, INC.metrobank10q.htm
EX-32 - EXHIBIT 32 - METRO BANCORP, INC.ex32.htm
EX-31.1 - EXHIBIT 31.1 - METRO BANCORP, INC.ex31-1.htm
EX-10.2 - EXHIBIT 10.2 - METRO BANCORP, INC.ex10-2.htm
EX-31.2 - EXHIBIT 31.2 - METRO BANCORP, INC.ex31-2.htm
EX-10.1 - EXHIBIT 10.1 - METRO BANCORP, INC.ex10-1.htm

Exhibit 11.
Metro Bancorp, Inc.
 
Computation of Net Income (Loss) Per Share

For the Quarter Ended June 30, 2010
 
   
Income
(Loss)
   
Shares
   
Per Share
Amount
 
Basic Earnings Per Share:
                 
Net income
  $ 360,000              
Preferred stock dividends
    (20,000 )            
Income available to common stockholders
    340,000       13,508,765     $ 0.02  
Effect of Dilutive Securities:
                       
Stock options
            5,102          
Diluted Earnings Per Share:
                       
Income available to common stockholders
    plus assumed conversions
  $ 340,000       13,513,867     $ 0.02  
For the Quarter Ended June 30, 2009
 
   
Income
(Loss)
   
Shares
   
Per Share
Amount
 
Basic Loss Per Share:
                 
Net loss
  $ (1,355,000 )            
Preferred stock dividends
    (20,000 )            
Loss available to common stockholders
    (1,375,000 )     6,503,329     $ (0.21 )
Effect of Dilutive Securities:
                       
Stock options
            -          
Diluted Loss Per Share:
                       
Loss available to common stockholders
    plus assumed conversions
  $ (1,375,000 )     6,503,329     $ (0.21 )
For the Six Months Ended June 30, 2010
 
   
Income
(Loss)
   
Shares
   
Per Share
Amount
 
Basic Earnings Per Share:
                 
Net income
  $ 366,000              
Preferred stock dividends
    (40,000 )            
Income available to common stockholders
    326,000       13,489,070     $ 0.02  
Effect of Dilutive Securities:
                       
Stock options
            4,846          
Diluted Earnings Per Share:
                       
Income available to common stockholders
    plus assumed conversions
  $ 326,000       13,493,916     $ 0.02  
For the Six Months Ended June 30, 2009
 
   
Income
(Loss)
   
Shares
   
Per Share
Amount
 
Basic Loss Per Share:
                 
Net loss
  $ (518,000 )            
Preferred stock dividends
    (40,000 )            
Loss available to common stockholders
    (558,000 )     6,484,051     $ (0.09 )
Effect of Dilutive Securities:
                       
Stock options
            -          
Diluted Loss Per Share:
                       
Loss available to common stockholders plus
    assumed conversions
  $ (558,000 )     6,484,051     $ (0.09 )