Metro Bancorp announces Richard Lashley for election to its Board of Directors

– USA, PA – Metro Bancorp, Inc. (Nasdaq:METR), parent company of Metro Bank, today announced that Richard J. Lashley, Co-Founder and Principal of PL Capital Group, has been nominated and recommended by the Company’s Board of Directors to stand for election as a Director. Mr. Lashley will be included in Metro’s slate of Director nominees for election at the Company’s 2015 Annual Meeting of Shareholders.

Gary L. Nalbandian, Chairman, President & Chief Executive Office of Metro Bancorp, said, “We are pleased to have reached an agreement with PL Capital and look forward to welcoming Richard to Metro’s Board of Directors. He brings extensive financial and banking industry expertise to the Board as the Company continues to work to increase shareholder returns, improve the Company’s profitability and grow the value of the Metro franchise.”

About Richard J. Lashley

Mr. Lashley is a principal of PL Capital, LLC, an investment firm specializing in the banking industry. Prior to co-founding PL Capital in 1996, Mr. Lashley was employed by KPMG, where he developed a specialization providing professional accounting and consulting services to numerous thrifts, banks and mortgage companies nationwide. In 1991, he was selected to be the Assistant to the National Industry Director of KPMG’s U.S. Banking and Finance practice. In 1993, Mr. Lashley was promoted to the position of Director, KPMG Financial Services – Capital Strategies Group, a corporate finance practice providing merger and acquisition advisory services to banks, thrifts, mortgage companies and other financial services companies nationwide.

Mr. Lashley has significant prior experience as a board member of numerous banks and thrifts throughout the U.S.

He received a Bachelor of Science Degree in Business Administration from Oswego State University in 1980 and an MBA degree in Accounting from Rutgers University in 1984. Mr. Lashley is a Certified Public Accountant (CPA) in New Jersey (status inactive).

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