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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 |
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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 |
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Specialization : |
All Other Under 1 Billion |
Number of Offices : |
3 |
Number of Employees : |
41 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 241,897 |
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Total Interest Income | 2,819 |
Total Liabilities | 216,153 |
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Total NonInterest Income | 747 |
Total Bank Equity Capital | 25,744 |
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Total Interest Expense | 937 |
Total Deposits | 215,061 |
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Total NonInterest Expense | 1,682 |
Net Loans & Leases | 142,913 |
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Net Income | 735 |
Loan Loss Allowance | 1,700 |
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Net Charge Offs | (3) |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Total capital | 32,720 |
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Total loans | 142,117 |
Total assets for the leverage ratio | 242,533 |
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Loans secured by real estate: | 123,744 |
Tier 1 Leverage Ratio | 12.77 |
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Commercial and industrial loans | 11,081 |
Tier 1 Capital Ratio | 20.83 |
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Loans to individuals - Credit Cards | 0 |
Total Capital Ratio | 22.01 |
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Loans to individuals - Other | 4,361 |
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