Business UpdateJun 25, 2026, 04:48 PM
Monroe Federal Bancorp Reports $142.4M Assets, $110.5M Loans
AI Summary
Monroe Federal Bancorp, Inc. reported its financial position as of March 31, 2026, with total assets of $142.4 million, total loans of $110.5 million, deposits of $124.5 million, and stockholders' equity of $12.4 million. The company's loan portfolio is primarily composed of one- to four-family residential mortgage loans ($68.0 million) and commercial real estate loans ($27.3 million). The filing also detailed lending activities, underwriting risks, and loan performance, including $3.2 million in subprime loans and $5.9 million in modified loans.
Key Highlights
- Total assets reached $142.4 million as of March 31, 2026.
- Total loans stood at $110.5 million as of March 31, 2026.
- Total deposits were $124.5 million as of March 31, 2026.
- Stockholders' equity amounted to $12.4 million as of March 31, 2026.
- One- to four-family residential mortgage loans totaled $68.0 million, or 60.9% of total loans.
- Commercial real estate loans were $27.3 million, representing 24.5% of total loans.
- Subprime loans amounted to $3.2 million as of March 31, 2026.
- Modified loans totaled $5.9 million as of March 31, 2026.
- Delinquent loans 90 days or more past due were $154 thousand.
Price Impact