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Home > Company Index > Banking > Banking - Southwest > MetroCorp Bancshares, Inc.

MetroCorp Bancshares, Inc.
Nasdaq: MCBI
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 PROFILE
MetroCorp Bancshares takes a cosmopolitan approach to Texas banking. The company's MetroBank targets the large (and growing) ethnic populations of Houston and Dallas. Its approximately 15 branches provide a full range of consumer banking services, including checking and deposit accounts and consumer loans. But its primary focus is on Hispanic and Asian businesspeople. Commercial loans make up about 60% of the loan portfolio. Residential real estate, commercial real estate, and consumer loans make up the rest. The bank originates SBA loans, as well as loans guaranteed by the government of Taiwan. It also offers export-import finance services, but sold a factoring subsidiary.

 COMPETITION
Bank of America Corporation (BAC)
Cullen/Frost Bankers, Inc. (CFR)
J.P. Morgan Chase & Co. (JPM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 70.50
1-Yr. Sales Growth: 17.9%
Employees: 319
Revenue per employee: $221,003.13

 KEY PEOPLE
• Don J. Wang
    CEO
• Ruth E. Ransom
    CFO

 CONTACT INFO
9600 Bellaire Blvd., Ste. 252
Houston, TX 77036
US
Phone: 713-776-3876
Fax: 713-414-3507
Online: Web Site

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