EXHIBIT 16 [LETTERHEAD OF DELOITTE & TOUCHE LLP] August 22, 2002 Securities and Exchange Commission Mail Stop 11-3 450 5th Street, N.W. Washington, D.C. 20549 Dear Sirs/Madams: We have read Item 4 of MetroCorp Bancshares, Inc.'s Form 8-K dated August 20, 2002, and have the following comments: 1. We agree with the statements made in paragraphs 2, 3, and 4. 2. We have no basis on which to agree or disagree with the statements made in paragraphs 1, 5 and 6. Yours truly, /s/ Deloitte & Touche LLP - ------------------------- Deloitte & Touche LLP