Monroe Bank & Trust

102 East Front Street
Monroe, MI 48161
734.241.3431
www.mbandt.com

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Monroe Bank & Trust is headquartered in Monroe and is the 9^th largest bank in the state of Michigan. It is also the 522^nd largest bank in the nation. It was established in 1905 and as of December of 2012, it had grown to 357 employees at 24 locations. Monroe Bank & Trust has a 3-star health rating.

Monroe Bank & Trust Routing Number: 072402157

3.01% Reward Checking Account at a Michigan Bank (Monroe Bank & Trust) - 8/22/2007

Update 2/06/09: The top yield has fallen to 3.01% APY.Monroe Bank & Trust is offering a reward checking account it calls Performance Checking which pays 3.01% APY on balances up to $25K (0.50% over) and refunds ATM fees if the following monthly...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Monroe Bank & Trust Checking Account Rates

Apy	Min	Max	Product
0.10%	-	$50k	MBT Performance Checking
0.05%	-	-	Free Checking Plus Interest
0.05%	-	-	Vintage 50
0.05%	-	-	NOW Account

Monroe Bank & Trust Savings Account Rates

Apy	Min	Max	Product
0.05%	$100	-	Statement Savings
0.05%	$100	-	Passbook Savings

Monroe Bank & Trust Money Market Rates

Apy	Min	Max	Product
0.15%	$500k	-	Business Money Market Plus
0.15%	$500k	-	Money Market Plus

Monroe Bank & Trust CD Rates

Apy	Min	Max	Product
1.00%	$1k	-	Business 5 Year Vintage CD
1.00%	$1k	-	5 Year Vintage CD
0.90%	$1k	-	Business 5 Year CD
0.90%	$1k	-	5 Year CD
0.50%	$1k	-	Business 4 Year Vintage CD
0.50%	$1k	-	4 Year Vintage CD
0.40%	$1k	-	Business 4 Year CD
0.40%	$1k	-	Business 3 Year Vintage CD
0.40%	$1k	-	Business 3.5 Year Vintage CD
0.40%	$1k	-	3 Year Vintage CD
0.40%	$1k	-	3.5 Year Vintage CD
0.40%	$1k	-	4 Year CD
0.30%	$1k	-	Business 3 Year CD
0.30%	$1k	-	Business 3.5 Year CD
0.30%	$1k	-	3 Year CD
0.30%	$1k	-	3.5 Year CD
0.25%	$1k	-	Business 2.5 Year CD
0.25%	$1k	-	Business 2 Year CD
0.25%	$1k	-	2 Year CD
0.25%	$1k	-	2.5 Year CD
0.20%	$1k	-	Business 1.5 Year CD
0.20%	$1k	-	Business 1 Year CD
0.20%	$1k	-	Business 25 Month Rate Hike CD
0.20%	$1k	-	1 Year CD
0.20%	$1k	-	1.5 Year CD
0.20%	$1k	-	25 Month Rate Hike CD
0.15%	$1k	-	Business 6 Month CD
0.15%	$1k	-	6 Month CD
0.10%	$1k	-	Business 3 Month CD
0.10%	$1k	-	3 Month CD
0.05%	$2,500	-	Business 7 - 31 Day CD
0.05%	$1k	-	Business 32 - 89 Day CD
0.05%	$2,500	-	7 - 31 Day CD
0.05%	$1k	-	32 - 89 Day CD

Monroe Bank & Trust IRA Rates

Apy	Min	Max	Product
0.90%	-	-	60 Month Fixed IRA
0.90%	-	-	60 Month Roth Fixed IRA
0.40%	-	-	48 Month Fixed IRA
0.40%	-	-	48 Month Roth Fixed IRA
0.40%	-	-	48 Month Education Fixed IRA
0.30%	-	-	36 Month Fixed IRA
0.30%	-	-	36 Month Education Fixed IRA
0.25%	-	-	30 Month Roth Fixed IRA
0.20%	-	-	18 Month Fixed IRA
0.20%	-	-	18 Month Education Fixed IRA
0.15%	-	-	36 Month Variable IRA
0.15%	-	-	36 Month Educational Variable IRA
0.15%	-	-	9 Month Fixed IRA
0.15%	-	-	9 Month Roth Fixed IRA
0.10%	-	-	18 Month Variable IRA
0.10%	-	-	30 Month Roth Variable IRA
0.10%	-	-	18 Month Education Variable IRA

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

Monroe Bank & Trust
FDIC Certificate #	12181
BankRate Report	View
Year Established	1905
Employees	357
Primary Regulator	FDIC
Assets and Liabilities
Assets	$1.27 billion
Loans	$611.97 million
Deposits	$1.05 billion
Equity Capital	$83.48 million
Loan Loss Allowance	$16.80 million
Unbacked Noncurrent Loans	$30.93 million
Real Estate Owned	$14.26 million
Historic Data - December 2011
Assets	$1.24 billion
Equity Capital	$75.22 million
Loan Loss Allowance	$20.87 million
Unbacked Noncurrent Loans	$50.87 million
Real Estate Owned	$16.65 million
Profit Margin - Quarterly
Net Interest Margin	3.1%
Return on Assets	0.75%
Return on Equity	11.98%
Interest Income	$44.52 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Monroe Bank & Trust had $45.19 million in non-current loans and owned real-estate with $100.28 million in equity and loan loss allowances on hand to cover it. This gives Monroe Bank & Trust a Texas Ratio of 45.06% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Monroe Bank & Trust decreased slightly from 70.06% as of December 31, 2011 to 45.06% as of December 31, 2012, resulting in a positive change of 35.68%.This indicates that the balance sheet and financial strength for Monroe Bank & Trust has improved slightly in recent periods.
Deposit Growth
In the past year, Monroe Bank & Trust has increased its total deposits by $26.62 million, resulting in 2.6% 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 Monroe Bank & Trust has shown is above average.
Capitalization
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. Monroe Bank & Trust has $1.27 billion in assets with $100.28 million in equity, resulting in a capitalization level of 7.91%, which is below average.

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Monroe Bank & Trust

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