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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 |