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Overview / Commentary
375 N. Willowbrook Road
Coldwater, MI 49036

Monarch Community Bank is headquartered in Coldwater and is the 72nd largest bank in the state of Michigan. It is also the 3,258th largest bank in the nation. It was established in 1934 and as of March of 2014, it had grown to 81 employees at 5 locations. Monarch Community Bank has a B+ health rating.

Reviews (1)

Horrible Service

The buyers of our house are using Monarch Community Bank for their home loan.  The lender waited 3 to 4 weeks to process the loan and now the closing of our house has been delayed two weeks.  This has now caused us (seller) to potentially lose our new house.  I would never recommend this bank to anyone; not even a person I hate!!! 


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Monarch Community Bank had $1.64 million in non-current loans and owned real-estate with $21.01 million in equity and loan loss allowances on hand to cover it. This gives Monarch Community Bank a Texas Ratio of 7.83% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Monarch Community Bank decreased dramatically from 25.27% as of March 31, 2013 to 7.83% as of March 31, 2014, resulting in a positive change of 69.04%.This indicates that the balance sheet and financial strength for Monarch Community Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Monarch Community Bank has decreased its total deposits by -$18.21 million, resulting in -10.32% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Monarch Community Bank has shown is poor.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Monarch Community Bank has $181.96 million in assets with $21.01 million in equity, resulting in a capitalization level of 11.55%, which is excellent.

Institution Statistics

FDIC Certificate #29069
Year Established1934
Primary RegulatorFDIC
Assets and Liabilities
Assets$181.96 million
Loans$122.79 million
Deposits$158.28 million
Equity Capital$18.33 million
Loan Loss Allowance$2.68 million
Unbacked Noncurrent Loans$904,000
Real Estate Owned$740,000
Historic Data - March 2013
Assets$196.59 million
Equity Capital$11.48 million
Loan Loss Allowance$2.65 million
Unbacked Noncurrent Loans$904,000
Real Estate Owned$674,000
Profit Margin - Quarterly
Net Interest Margin4.73%
Return on Assets0.12%
Return on Equity1.12%
Interest Income$1.91 million

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Monarch Community Bank Locations
West Carleton Branch1 West CarletonHillsdale, MI 49242
Marshall Bank Branch107 N Park StreetMarshall, MI 49068
15975 W. Michigan Ave. Branch15975 W. Michigan AvenueMarshall, MI 49068
365 N. Broadway Branch365 N. BroadwayUnion City, MI 49094
Monarch Community Bank375 N. Willowbrook RoadColdwater, MI 49036