MetroCorp Bancshares 8-K The statements contained in this presentation that are not

  SunTrust Robinson Humphrey

Presentation by: George M. Lee, CEO

February 22, 2007

Forward-Looking Statements

The statements contained in this presentation that are not

historical facts are forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995.  Forward-looking statements describe
MetroCorp’s future plans, projections, strategies and
expectations, are based on assumptions and involve a
number of risks and uncertainties, many of which are beyond
MetroCorp’s control.  Actual results could differ materially from
those projected due to changes in interest rates, competition
in the industry, changes in local and national economic
conditions and various other factors.  Additional information
concerning such factors that could affect MetroCorp is
contained in MetroCorp’s filings with the SEC.

MetroCorp Bancshares, Inc. is a Texas-based

holding company operating banks in Texas and
California with special focus on the ethnic markets.
The company strives with passion and urgency to
provide superior customer service and innovative
products to maximize shareholder value through
integration of people and technology.  Our mission is
to be the premier bank in the communities we serve.

Mission

18 Years of Growth and Profitability

Largest publicly-owned Independent Asian-American

bank holding company outside of California

Total assets of $1.26 billion at December 31, 2006

Consecutive profitability for the past 17 years

Three consecutive years of 25% plus earnings growth.

(2004-109%, 2005-25.4%, 2006-25.3%)

Established leadership presence in Houston/Dallas

Recently expanded to Los Angeles/San

Diego/Irvine/San Mateo/City of Industry/San Francisco
under the name of Metro United Bank

§

4,756,181

§

    797,325

Source:  U.S. Census,

estimate 2004

Texas’ Asian Population about 17% of California

Asian Population in California & Texas

                                             2000                       2004 *

§

  Houston-Galveston      228,212                 324,061

§

  Dallas-Fort Worth          195,480                 277,582

§

  Austin-San Marcos          44,029                  65,521

§

  San Antonio                    23,667                   33,607

  *Regional population extrapolation from 2004

              total state Census estimates

    Total Texas                    562,319                 797,325

42% Growth

Source:  U.S. Bureau of the Census, Census 2000, Census 2004  estimate

Asian Population in Texas 2000-2004

2000            2004

v

 San Francisco  1,256,258    1,396,565

v

Los Angeles     1,661,456    1,898,205

v

San Diego           386,973       476,773

Source:  U.S. Bureau of the Census, Census 2000, Census 2004 estimate

Asian Population in California

First United Bank

(Now know as Metro United Bank)

Los Angeles

San Diego

California Offices in Q4 - 2005

Metro United Bank

San Mateo

Irvine

City of Industry

Los Angeles

San Diego

•

Branch

•

Loan production office

San Francisco

California Offices in Q4- 2006

Houston, TX

Dallas, TX

MetroBank Locations

Representative Office in China

XIAMEN

*Source: 2005 Annual Statistic Report of Xiamen's Economical and Social Development published by the Xiamen City Government. 

Xiamen – Important Foreign Trade Port

Overview of Xiamen

- One of the four Special Economic Zones

Gross Area Production

- GAP achieved sustained annual growth rate of 15% for 5

years in a row*

Key Industries

- Electronics, Machinery and Chemicals

Foreign Trade

- Total foreign trade was $28 billion in 2005*

( $17 billion exports, up 24%; $11 billion imports, up 12%)

Foreign Investment

- Thirty-five Fortune 500 companies have invested in Xiamen*

Metro Office

City View - Xiamen

Freeway SurroundingXiamen

International Exhibition Center

Learning from the past.

                         Moving to the future.

Financial Performance

1998: MCBI listed

on NASDAQ

2005: Acquisition –

First United Bank

$ in Millions

FTE ‘s

Asset Growth

FTE trend

Milestones

2001-2006

Loan: 12.4% CAGR

Deposit: 11.0%

CAGR

Asset: 11.3% CAGR

$ in Million

2001-2004

Loan: 6.3% CAGR

Deposit: 5.5%

CAGR

Asset: 7.1% CAGR

2004-2006

Loan: 22.1% CAGR

Deposit: 19.7% CAGR

Asset: 17.8% CAGR

Balance Sheet Growth

$

Net Income (in thousands)

Profitable Since 1990

Return on Average Assets

Return on Average Equity

Shareholder Return

Net Non-performing Assets / Total

Assets

Net charge-offs / Avg. total

Loans

Asset Quality

Net Interest Margin

Efficiency Ratio

Loan Portfolio

Loan Portfolio–Industry Concentration

Learning from the past.

                         Moving to the future.

Management

Management Team

Don J. Wang Chairman of the Board

George M. Lee President, CEO, Excutive Vice Chair of MetroCorp

David Tai Chief Business Development Officer, President of MetroBank

Bert Baker Chief Lending Officer of MetroBank

David Choi Chief Financial Officer

Kevin Shu Chief Accounting Officer

Michelle Phung  Chief Operations Officer of MetroBank

Terrance Tangen Chief Credit Officer of MetroBank

Mitchell Kitayama Vice Chairman, CEO of Metro United Bank

Robert Bihr Chief Credit Officer of Metro United Bank

Val Marquez  EVP, IT Strategic Planning of Metro United Bank

Well-served Customers with New Enhanced Products

Board of Directors

Line Staff

Process Efficiency

Customer Focus

Middle Management

Empowerment

Accountability

CEO

Senior Management

Strategic

Tactical

Execution

Customer Focused

Technology Enhancement

  Digital Insight Corporation

- Online Products & Services

- Technology Driven Marketing Culture

- Culturally Sensitive & Innovative Market Penetration

Hartland Financial Solutions

- Risk Management Enhancements

- Integrated Commercial Credit Management System

- Streamlined Workflow

Internal IT & Technology Strength

- Well Rounded Expertise

- Training

- Incentive & Measurements

Expectations

Improving asset quality

Efficiency ratio improvement

Balanced asset/earning growth

Expanding & diversification of business

portfolio

Optimizing synergy between Texas and

California

Brand/Image improvement

Gee Hwei