METROCORP BANCSHARES INC
SC 13G, 1999-02-19
STATE COMMERCIAL BANKS
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                          SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C.  20549


                                     SCHEDULE 13G


                      Under the Securities Exchange Act of 1934

                                 (Amendment No. ...)*



                              MetroCorp Bancshares, Inc.   
                                   (Name of Issuer)

                        Common Stock $1.00 Par Value Per Share   
                            (Title of Class of Securities)

                                      591650 10 6           
                                    (CUSIP Number)




     *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

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- ----------------------                                        -----------------
 CUSIP No. 591650 10 6                  13G                   Page 2 of 5 Pages
- ----------------------                                        -----------------


- -------------------------------------------------------------------------------
  1   NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

           SIAH CHIN LEONG
           
- -------------------------------------------------------------------------------
  2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                   (A) / /
           NONE
                                                   (B) / /
- -------------------------------------------------------------------------------
  3   SEC USE ONLY

- -------------------------------------------------------------------------------
  4   CITIZENSHIP OR PLACE OF ORGANIZATION

           MALAYSIA
- -------------------------------------------------------------------------------
                  5  SOLE VOTING POWER
    NUMBER OF                   
                         460,000
     SHARES     ---------------------------------------------------------------
                  6  SHARED VOTING POWER
  BENEFICIALLY  
                         0
    OWNED BY    ---------------------------------------------------------------
                  7  SOLE DISPOSITIVE POWER
      EACH      
                         460,000
    REPORTING   ---------------------------------------------------------------
                
     PERSON       8  SHARED DISPOSITIVE POWER
                
      WITH               0
- -------------------------------------------------------------------------------
   9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                     460,000
- -------------------------------------------------------------------------------
  10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

           / /
- -------------------------------------------------------------------------------
  11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                     6.6%
- -------------------------------------------------------------------------------
  12  TYPE OF REPORTING PERSON*

           IN
- -------------------------------------------------------------------------------

                                   Page 2 of 5
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                                      ITEM 1(a)

Name of issuer:  The name of the issuer is MetroCorp Bancshares, Inc.
("Bancshares").

                                      ITEM 1(b)

Address of issuer's principal executive offices:  The principal executive office
of Bancshares is 9600 Bellaire Boulevard, Suite 252, Houston, Texas 77036.

                                      ITEM 2(a)

Name of person filing:  The reporting person is Siah Chin Leong.

                                      ITEM 2(b)

Address or principal business office or, if none, residence:  The address of
Siah Chin Leong is 701-703 Asia Life Building, Jalan Seggett, 80000 Johor Bahru,
Johor Darul Takzim, Malaysia.

                                      ITEM 2(c)

Citizenship:  Siah Chin Leong is a citizen of Malaysia.

                                      ITEM 2(d)

Title of class of securities:  The class of securities of Bancshares owned
beneficially by Siah Chin Leong is common stock, $1.00 par value (the "Common
Stock").

                                      ITEM 2(e)

CUSIP Number:  591650 10 6

                                        ITEM 3

Not applicable

                                        ITEM 4

Ownership:  

(a)  The amount of securities beneficially owned by Siah Chin Leong is 460,000
     shares of Common Stock.

(b)  The percent of the class of Common Stock beneficially owned by Siah Chin
     Leong is 6.6%.

                                       Page 3 of 5
<PAGE>

(c)  Siah Chin Leong has the sole power to vote or to direct the vote of 460,000
     shares of the Common Stock and the sole power to dispose or to direct the
     disposition of 460,000 shares of the Common Stock.

                                        ITEM 5

Ownership of 5 Percent or Less of a Class:  Not applicable

                                        ITEM 6

Ownership of More than 5 Percent on Behalf of Another Person:  Not applicable

                                        ITEM 7

Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company:  Not applicable

                                        ITEM 8

Identification and Classification of Members of the Group:  Not applicable

                                        ITEM 9

Notice of Dissolution of Group:  Not applicable

                                       ITEM 10

Certification:  Not applicable




                                      Page 4 of 5
<PAGE>

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


                                           February 18, 1999    
                                           -----------------------------------
                                           (Date)


                                           /s/ Siah Chin Leong   
                                           -----------------------------------
                                           (Signature)


                                           Siah Chin Leong 
                                           -----------------------------------
                                           (Name/Title)

                                           
                              



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