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The Bank of Monroe
The Bank of Monroe
RSSD ID 849432 | CERTIFICATE 6180 | ABA NUMBER 51502395
39 Main St Quarter Ended : 2025-03-31
Union, West Virginia, 24983 Updated : 2025-05-07
www.mybankofmonroe.com

Institution Profile
Year Opened : 1903 Institution Type : Commercial bank
Entity Type : State Federal Regulator : FED
Member Federal Reserve : Yes S-Corp : No
Fiduciary Powers : No Powers Exercised : No
Filing Type : 041
Specialization : All Other Under 1 Billion
Number of Offices : 3 Number of Employees : 41
Related Company Filings Regulator
 UNION BANKSHARES INC FED

Financial Reports
RC - Balance Sheet Report
RI - Income Statement Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
(USD, in thousands)

Income Statement
(USD, in thousands, ytd)
Total Assets241,897
Total Interest Income2,819
Total Liabilities216,153
Total NonInterest Income747
Total Bank Equity Capital25,744
Total Interest Expense937
Total Deposits215,061
Total NonInterest Expense1,682
Net Loans & Leases142,913
Net Income735
Loan Loss Allowance1,700
Net Charge Offs(3)



Regulatory Capital
Quarterly Averages
(USD, in thousands)
Total capital32,720
Total loans142,117
Total assets for the leverage ratio242,533
Loans secured by real estate:123,744
Tier 1 Leverage Ratio12.77
Commercial and industrial loans11,081
Tier 1 Capital Ratio20.83
Loans to individuals - Credit Cards0
Total Capital Ratio22.01
Loans to individuals - Other4,361





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury