Metro Bancorp (METR) 10-Q 2015 Q3 Quarterly report

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

For the quarter ended September 30, 2015
	Income			Shares	Per Share Amount
Basic Earnings Per Common Share:
Net income	$	4,815,000
Preferred stock dividends	(20,000		)
Income available to common stockholders	4,795,000			14,067,336	$	0.34
Effect of Dilutive Securities:
Stock options				282,761
Diluted Earnings Per Common Share:
Income available to common stockholders plus   assumed conversions	$	4,795,000		14,350,097	$	0.33
For the quarter ended September 30, 2014
	Income			Shares	Per Share Amount
Basic Earnings Per Common Share:
Net income	$	5,501,000
Preferred stock dividends	(20,000		)
Income available to common stockholders	5,481,000			14,200,687	$	0.39
Effect of Dilutive Securities:
Stock options				241,791
Diluted Earnings Per Common Share:
Income available to common stockholders plus   assumed conversions	$	5,481,000		14,442,478	$	0.38
For the nine months ended September 30, 2015
	Income			Shares	Per Share Amount
Basic Earnings Per Common Share:
Net income	$	14,714,000
Preferred stock dividends	(60,000		)
Income available to common stockholders	14,654,000			14,115,691	$	1.04
Effect of Dilutive Securities:
Stock options				264,884
Diluted Earnings Per Common Share:
Income available to common stockholders plus   assumed conversions	$	14,654,000		14,380,575	$	1.02
For the nine months ended September 30, 2014
	Income			Shares	Per Share Amount
Basic Earnings Per Common Share:
Net income	$	15,526,000
Preferred stock dividends	(60,000		)
Income available to common stockholders	15,466,000			14,181,798	$	1.09
Effect of Dilutive Securities:
Stock options				209,420
Diluted Earnings Per Common Share:
Income available to common stockholders plus   assumed conversions	$	15,466,000		14,391,218	$	1.07