MCBI on NASDAQ

MetroCorp Bancshares

Former bank in Texas, United States

MetroCorp Bancshares, Inc. (MetroCorp, Nasdaq: MCBI) was an American banking corporation headquartered in Chinatown and in Greater Sharpstown in Houston, Texas. MetroCorp, first incorporated in 1998, was an overseas Chinese bank holding company for two overseas Chinese banks in the United States: MetroBank National Association (MetroBank, simplified Chinese: 首都银行; traditional Chinese: 首都銀行; pinyin: Shǒudū Yínháng) and Metro United Bank. The company was one of the few overseas Chinese banks / financial institutions that were publicly held.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 20, 2026.

Overview

1987Founded1

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  • TickerMCBI on NASDAQ1
  • Industryfinancial services1
  • HeadquartersTexas1
  • Founded inHouston1
  • Websitewww.metrobank-na.com
  • Legal formFor-Profit Corporation1
  • Incorporated inTX5
  • Business address9600 Bellaire Boulevard, Suite 252, Houston, Tx 770365
  • Filer categoryLarge Accelerated5
  • LEI549300S5GKXG304DWM294
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O Capitol Corporate Services, Inc., 78701 Austin, United States4
  • Registered withCorporations Section (Texas Secretary of State), 01499163004

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MetroBankDynastyPlazaHouston
Photo: WhisperToMe, Public domain, via Wikimedia Commons7

MetroCorp Bancshares, Inc. (MetroCorp, Nasdaq: MCBI) was an American banking corporation headquartered in Chinatown and in Greater Sharpstown in Houston, Texas.3

What it owns

What MetroCorp Bancshares reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$27.3M8 Dec 31, 2012$27.0M8 Dec 31, 2011+1.2%
Property and equipment, net$4.0M8 Dec 31, 2012$4.7M8 Dec 31, 2011−13.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$159.4M8 Dec 31, 2012$193.6M8 Dec 31, 2011−17.6%
Debt securities held to maturity$4.0M8 Dec 31, 2012$4.0M8 Dec 31, 20110%
Loans, net of allowance$1.1B8 Dec 31, 2012$1.0B8 Dec 31, 2011+5.8%
Deposits held (banks)$1.3B8 Dec 31, 2012$1.3B8 Dec 31, 2011+1.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$14.3M8 Dec 31, 2012$14.3M8 Dec 31, 20110%

The story

Metro Bank was founded in 1987 in SW Chinatown.

In September 2009, MetroBank had 10 Greater Houston branches and 3 Dallas-Fort Worth branches, with assets of $1.2 billion. Metro United had assets of $426.8 million. During that year, the Office of the Comptroller of the Currency asked MetroBank to revise its balance sheet. MetroBank signed a formal agreement with the office to do this within 90 days.

In 2010, MetroBank signed an agreement with Bank of China-Shanghai so that MetroBank could offer services involving the renminbi, the currency of the People's Republic of China.

From Wikipedia’s article on MetroCorp Bancshares, shared under CC BY-SA 4.0.6

Leadership

Who has led MetroCorp Bancshares, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. George M. Lee2006–2013

Chair

  1. Don J. Wang2007–2010

President

  1. Andrew C. Yip2006

Chief financial officer

  1. David C. Choi2007–2013

Chief operating officer

  1. Michelle S. Phung2007–2008
19901995200020052010201520202025
Board members and other officers (21)

Products and brands

  • bank

Listed on Wikidata.1

Former names

  • METROCORP BANCSHARES INCDec 16, 1998 to Apr 26, 20105

Timeline

  1. Mar 16, 2006New chief executive George M. Lee becomes CEO9
  2. 1987Founded Founded in Houston1

SEC filer profile

How MetroCorp Bancshares is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMetroCorp Bancshares, Inc.2
  • CIK0001068300
  • Employer ID (EIN)76-05791612
  • Filer statusLarge accelerated2
  • Incorporated inTexas2
  • Fiscal year endsDecember 312
  • Industry code (SIC)6022 State Commercial Banks2
  • Business address9600 Bellaire Boulevard, Suite 252, Houston, TX 770362
  • Phone(713) 776-38762
  • Shares outstanding18,699,121 as of Nov 1, 201333
  • Public float$171.2M as of Jun 30, 20128
  • On EDGAR sinceSep 1, 19982
  • Filings558 in all: 4 (192), 8-K (131), 10-Q (46), SC 13G/A (24), 3 (18), DEF 14A (15), 10-K (14), 4/A (14)2
    All 41 form types

    SC 13G (12), EFFECT (9), 8-K/A (8), ARS (8), S-8 POS (8), S-8 (7), 10-Q/A (5), POS AM (5), 425 (4), S-3 (4), UPLOAD (3), 10-K/A (2), 424B4 (2), 5 (2), CORRESP (2), D (2), DEFA14A (2), PRE 14A (2), S-3/A (2), SC 13D (2), 10-K405 (1), 15-12G (1), 25-NSE (1), 3/A (1), 424B1 (1), 424B2 (1), 424B5 (1), 8-A12G (1), DEFM14A (1), NT 10-Q (1), S-1 (1), S-1/A (1), S-3D (1)

  • Latest filingsAnnual report (10-K) Mar 21, 2013
    Quarterly report (10-Q) Nov 6, 2013
    Proxy statement (DEF 14A) Apr 5, 2013
    Latest 8-K (8-K) Jan 21, 2014

Sources

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