MFBI
Monroe Federal Bancorp, Inc.10.73
-0.08-0.76%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
5.65MP/E (TTM)
-Basic EPS (TTM)
-Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
Monroe Federal Bancorp swung to net income of $17,845 for Q3 FY2026 ended December 31, 2025, from a $120,430 loss y/y, fueled by $81k credit loss recovery versus $61k provision and 7.3% higher interest income to $1.6M on loan growth. Net interest income rose 3.1% y/y to $962k (derived), with margin at 2.75%, while YTD net loss narrowed to $211k from $322k. Deposits climbed $8.1M q/q to $128.7M, funding $4.4M loan expansion to $111.4M net; FHLB advances dropped to $4.7M. Loans stay solid. Nonaccruals ticked down.
8-K
Annual meeting elects directors
Monroe Federal Bancorp held its annual stockholder meeting on December 17, 2025, electing Julie M. Broerman Daniels, Lewis R. Renollet, and Sarah G. Worley as directors for three-year terms amid some withhold votes. Stockholders approved the 2025 Equity Incentive Plan and ratified Wipfli LLP as auditors for the fiscal year ending March 31, 2026, with near-unanimous support. Governance stays steady.
10-Q
Q2 FY2026 results
Monroe Federal Bancorp posted a net loss of $93,503 for Q2 FY2026 ended September 30, 2025, wider than the $85,918 loss a year earlier, yet net interest income climbed 9.7% y/y to $926,061 on higher loan yields amid rising rates. Loans grew 2.6% q/q to $110.7M, fueled by residential mortgages and commercial lines, while deposits edged up 1.5% q/q to $122.5M, supporting liquidity with $2.7M in cash equivalents and $25.4M available from FHLB lines. Noninterest expenses rose 12.0% y/y, driven by audit costs from the recent stock conversion, but unrealized losses on securities narrowed 12.5% q/q, bolstering equity to $12.4M. The ESOP release added modest dilution to EPS at $(0.19). Still, classified loans jumped to $2.2M, signaling pockets of credit stress in a competitive Ohio market.
10-Q
Q1 FY2026 results
Monroe Federal Bancorp posted a net loss of $135K for Q1 FY2026 ended June 30, 2025, widening 17% y/y from $116K amid a 7.6% drop in net interest income to $907K, driven by higher borrowing costs that outpaced modest loan yield gains. Loans grew 1.2% q/q to $108.3M, fueled by residential and commercial originations, while deposits surged 3.7% to $125.2M on core account inflows; FHLB advances fell 35% to $6.5M, bolstering liquidity with $2.2M in cash. Provision for credit losses rose 150% y/y to $80K as nonaccruals ticked up to $650K, yet the allowance covers 0.85% of loans. Losses stem from elevated noninterest expenses like salaries. Cash flow turned negative from operations. Balance sheet holds steady at $145.5M. Competition from larger banks pressures margins.
10-K
FY2025 results
Monroe Federal Bancorp's FY2025 results showed total assets dipping 7.1% to $144.3 million amid a deliberate slowdown in loan marketing, with net loans edging down 0.8% to $107.0 million as residential mortgages held steady at $69.9 million while construction and consumer loans fell 18.7% and 28.1%, respectively. Q4 momentum faltered with net loss of $327,000 versus $60,000 profit in FY2024, driven by a 6.6% rise in noninterest expenses to $4.5 million from audit costs and ESOP implementation, though net interest income slipped just 1.2% to $3.7 million on a 2.42% spread. Core deposits shrank 12.8% to $86.9 million due to a major client's outflow, prompting FHLB advances to surge 232% to $10.0 million for liquidity. No dividends or buybacks occurred; capex stayed modest at $47,000. Yet cybersecurity threats loom large, risking operational disruptions in this small bank's tech-reliant world. Solid asset quality endures.
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