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Corporate Profile for MetroCorp Bancshares Inc., dated Aug. 27, 1999.


--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Aug. 27, 1999

Company Name:     MetroCorp Bancshares Inc.

Address:          9600 Bellaire Blvd.
                  Houston, TX  77036

Main Telephone
 Number:          713/776-3876

Internet Home
 Page Address
  (URL)            www.metrobank-na.com

Chief Executive
 Officer:         Don J. Wang

Chief Financial
 Officer:         Attilio F. Galli

Investor Relations
 Contact:         Attilio F. Galli
 Business number: 713/414-3600
 E-mail address:  investors-relations@metrobank-na.com

Public Relations
 Contact:         Tin Salas
 Business number: 713/414-3636

Industry:         Banking

Trading Symbol/
 Exchange:        MCBI/Nasdaq

Market Makers:    Legg Mason


Company description: MetroCorp Bancshares MetroCorp Bancshares, Inc. (MetroCorp), first incorporated in 1998, is a overseas Chinese bank holding company for two overseas Chinese banks in the United States: MetroBank National Association (also known as Metro Bank National Association) or simply MetroBank  Inc. (Nasdaq:MCBI MCBI Marine Conservation Biology Institute
MCBI Michigan Center for Biological Information
MCBI Monarch Community Bancorp Inc.
MCBI Medical Center of Boston International
MCBI Minnesota Christian Broadcasters Inc.
) is a bank holding company headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation).
Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the
. The Company derives substantially all of its revenue and income from the operation of its wholly-owned bank subsidiary, MetroBank, N.A., a national banking association with full-service banking locations in the greater Houston Houston–Sugar Land–Baytown is a 10-county metropolitan area defined by the Office of Management and Budget. It is located along the Gulf Coast region in the U.S. state of Texas.  and Dallas metropolitan areas. MetroBank also has a loan production office in New Orleans, La. As of June 30, 1999, the Company had total assets of $620.2 million, total loans of $453.4 million, total deposits of $482.1 million and total shareholders' equity Shareholders' Equity

A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares.
 of $52 million. The Company's mission is to enhance shareholder value by maximizing profitability and being the premier multi-ethnic bank in each community that it serves.

From the onset, the Company demonstrated a consistent record of asset growth and profitability by providing innovative banking services focusing on small businesses -- through the guaranteed loan programs of the SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 and Ex-Im Bank See Export-import Bank.  of the United States -- international trade financing and factoring services. The Bank also offers its retail customers a variety of consumer financing programs including residential mortgages and home improvement loans, automobile loans and credit card services.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 27, 1999
Words:309
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