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accelerating, assisting, BSA, capture, categorize, charge, conform, consisting, consulting, convertible, diluted, downturn, elevated, implemented, improvement, incurring, January, June, maintenance, occupancy, originally, par, passbook, possessing, presently, rating, rebranding, reduce, reduction, removal, remove, SBA, Secrecy, sector, select, significance, small, snow, stabilized, strategy, sustained, tract, valid
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Exhibit 11. | Metro Bancorp, Inc. |
Computation of Net Income Per Common Share |
For the Quarter Ended March 31, 2013 | ||||||||||||
Income | Shares | Per Share Amount | ||||||||||
Basic Earnings Per Common Share: | ||||||||||||
Net income | $ | 3,645,000 | ||||||||||
Preferred stock dividends | (20,000 | ) | ||||||||||
Income available to common stockholders | 3,625,000 | 14,131,919 | $ | 0.26 | ||||||||
Effect of Dilutive Securities: | ||||||||||||
Stock options | 24,798 | |||||||||||
Diluted Earnings Per Common Share: | ||||||||||||
Income available to common stockholders plus assumed conversions | $ | 3,625,000 | 14,156,717 | $ | 0.26 | |||||||
For the Quarter Ended March 31, 2012 | ||||||||||||
Income | Shares | Per Share Amount | ||||||||||
Basic Earnings Per Common Share: | ||||||||||||
Net income | $ | 2,684,000 | ||||||||||
Preferred stock dividends | (20,000 | ) | ||||||||||
Income available to common stockholders | 2,664,000 | 14,126,100 | $ | 0.19 | ||||||||
Effect of Dilutive Securities: | ||||||||||||
Stock options | — | |||||||||||
Diluted Earnings Per Common Share: | ||||||||||||
Income available to common stockholders plus assumed conversions | $ | 2,664,000 | 14,126,100 | $ | 0.19 |