MetroCorp Bancshares Inc. (MCBI) reported that its second-quarter net income applicable to common stock was $2.52 million up from $1.76 million in the year ago quarter. Earnings per share of $0.16 increased 23.1% for the second quarter of 2012 compared with $0.13 for the second quarter of 2011.
Net interest income for the quarter was $13.6 million, an increase of $397,000 or 3.0% compared with $13.2 million for the same period in 2011. Noninterest income for the quarter was $1.8 million, an increase of $189,000 or 12.0% compared with $1.6 million for the same period in 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.