Metro Bancorp (METR) 10-Q 2011 Q3 Quarterly report

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

For the Quarter Ended September 30, 2011
	Loss			Shares	Per Share Amount
Basic Loss Per Share:
Net loss	$	(5,718,000	)
Preferred stock dividends	(20,000		)
Loss available to common stockholders	(5,738,000		)	13,959,237	$	(0.41	)
Effect of Dilutive Securities:
Stock options				—
Diluted Loss Per Share:
Loss available to common stockholders plus   assumed conversions	$	(5,738,000	)	13,959,237	$	(0.41	)
For the Quarter Ended September 30, 2010
	Loss			Shares	Per Share Amount
Basic Loss Per Share:
Net loss	$	(6,160,000	)
Preferred stock dividends	(20,000		)
Loss available to common stockholders	(6,180,000		)	13,581,369	$	(0.46	)
Effect of Dilutive Securities:
Stock options				—
Diluted Loss Per Share:
Loss available to common stockholders plus   assumed conversions	$	(6,180,000	)	13,581,369	$	(0.46	)
For the Nine Months Ended September 30, 2011
	Loss			Shares	Per Share Amount
Basic Loss Per Share:
Net loss	$	(2,194,000	)
Preferred stock dividends	(60,000		)
Loss available to common stockholders	(2,254,000		)	13,866,695	$	(0.16	)
Effect of Dilutive Securities:
Stock options				—
Diluted Loss Per Share:
Loss available to common stockholders plus   assumed conversions	$	(2,254,000	)	13,866,695	$	(0.16	)
For the Nine Months Ended September 30, 2010
	Loss			Shares	Per Share Amount
Basic Loss Per Share:
Net loss	$	(5,794,000	)
Preferred stock dividends	(60,000		)
Loss available to common stockholders	(5,854,000		)	13,520,175	$	(0.43	)
Effect of Dilutive Securities:
Stock options				—
Diluted Loss Per Share:
Loss available to common stockholders plus   assumed conversions	$	(5,854,000	)	13,520,175	$	(0.43	)