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MetroCorp Bancshares, Inc. Announces the Lifting of the Formal Agreement Between OCC and Bank Subsidiary - MetroBank, N.A.

   MetroCorp Bancshares, Inc. Announces the Lifting of the Formal Agreement
              Between OCC and Bank Subsidiary - MetroBank, N.A.

PR Newswire

HOUSTON, June 12, 2013

HOUSTON, June 12, 2013 /PRNewswire/ -- MetroCorp Bancshares, Inc.
(NASDAQGM:MCBI) announced today that the Office of the Comptroller of the
Currency has lifted its Formal Agreement with MetroBank, N.A. effective June
12, 2013.

(Logo: http://photos.prnewswire.com/prnh/20110119/MM32884LOGO)

"The lifting of the Formal Agreement reflects unwavering focus and commitment
by MetroBank's management and the board of directors to improve credit
quality, loan administration practices, risk management, and earnings. We are
pleased with this important milestone, and with our strong platform, we look
forward to future growth and opportunities," said George M. Lee, Co-Chairman
and Chief Executive Officer of Metrocorp Bancshares, Inc.

MetroCorp Bancshares, Inc. (NASDAQGM:MCBI) provides a full range of commercial
and consumer banking services through its wholly owned subsidiaries,
MetroBank, N.A. and Metro United Bank. The Company has thirteen full-service
banking locations in the greater Houston, and Dallas, Texas metropolitan
areas, and six full-service banking locations in the greater San Diego, Los
Angeles and San Francisco, California metropolitan areas. As of March 31,
2013, the Company had consolidated assets of $1.6 billion. For more
information, visit the Company's web site at www.metrobank-na.com.

CONTACT: MetroCorp Bancshares, Inc., Houston
George M. Lee, Co-Chairman, President and CEO

713-776-3876

SOURCE MetroCorp Bancshares

Website: http://www.metrobank-na.com
 
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