METRO BANCSHARES, INC.
2678 Hickory Level Road
Villa Rica, Georgia 30180
October 9, 2007
Via Edgar and Facsimile
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Attention: Jonathan Gottlieb
Re: | Metro Bancshares’ Registration Statement on Form SB-2, as amended by Amendment No. 2 thereto (File No. 333-142817) |
Ladies and Gentlemen:
Pursuant to Rule 461 under the Securities Act of 1933, as amended, Metro Bancshares, Inc. (the “Company”) hereby requests that the Commission accelerate the effective date of the above-referenced Registration Statement (the “Filing”) so that it will become effective at 12:00 p.m. on Wednesday, October 10, 2007, or as soon thereafter as practicable.
The Company hereby acknowledges that:
• | should the Commission or the Staff, acting pursuant to delegated authority, declare the Filing effective, it does not foreclose the Commission from taking any action with respect to the Filing; |
• | the action of the Commission or the Staff, acting pursuant to delegated authority, in declaring the Filing effective, does not relieve the Company from its full responsibility for the adequacy and accuracy of the disclosure in the Filing; and |
• | the Company may not assert Staff comments and the declaration of effectiveness of the Filing as a defense in any proceeding initiated by the Commission or any person under the Federal securities laws of the United States. |
Yours very truly,
METRO BANCSHARES, INC. | ||
By: | /s/ Kenneth L. Barber | |
Kenneth L. Barber Chairman, President and Chief Executive Officer |