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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM 10-Q/A*
______________
(MARK ONE)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 1999
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO ________.
COMMISSION FILE NUMBER 0-25141
METROCORP BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
TEXAS 76-0579161
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification Number)
9600 BELLAIRE BOULEVARD, SUITE 252
HOUSTON, TEXAS 77036
(Address of principal executive offices including zip code)
(713) 776-3876
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that
the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days. Yes /X/ No / /.
As of December 20, 1999, the number of outstanding shares of Common
Stock was 7,122,479.
* The Company's Form 10-Q for the quarter ended June 30, 1999 is hereby
amended to include information pursuant to Part II, Item 2.
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PART II
ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS
(a) Not applicable
(b) Not applicable
(c) On May 11, 1999, the Company issued an aggregate of 12,000 shares of
common stock to non-employee directors of the Company, pursuant to the
Company's Non-Employee Director Stock Bonus Plan. The shares were
issued in consideration of the work and service of the non-employee
directors on behalf of the Company. The shares were issued pursuant
to the registration exemption provided by Section 4(2) of the Securities
Act of 1933, as amended.
(d) Not applicable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
METROCORP BANCSHARES, INC.
Date: January 10, 2000 By: /s/ Don J. Wang
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Don J. Wang
President and Chief Executive
Officer
Date: January 10, 2000 /s/ Ruth E. Ransom
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Ruth E. Ransom
Senior Vice President and Chief
Financial Officer
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