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Overview / Commentary
102 East Front Street
Monroe, MI 48161

Monroe Bank & Trust is headquartered in Monroe and is the 9th largest bank in the state of Michigan. It is also the 556th largest bank in the nation. It was established in 1905 and as of March of 2014, it had grown to 371 employees at 24 locations. Monroe Bank & Trust has a B health rating.

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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 Monroe Bank & Trust had $32.2 million in non-current loans and owned real-estate with $132.6 million in equity and loan loss allowances on hand to cover it. This gives Monroe Bank & Trust a Texas Ratio of 24.29% which is 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 dramatically from 44.97% as of March 31, 2013 to 24.29% as of March 31, 2014, resulting in a positive change of 46.00%.This indicates that the balance sheet and financial strength for Monroe Bank & Trust has improved dramatically in recent periods.

Deposit Growth


In the past year, Monroe Bank & Trust has decreased its total deposits by -$6.07 million, resulting in -0.57% 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 average.



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 $1.22 billion in assets with $132.6 million in equity, resulting in a capitalization level of 10.90%, which is above average.

Institution Statistics

FDIC Certificate #12181
Year Established1905
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.22 billion
Loans$575.87 million
Deposits$1.06 billion
Equity Capital$116.44 million
Loan Loss Allowance$16.16 million
Unbacked Noncurrent Loans$22.43 million
Real Estate Owned$9.78 million
Historic Data - March 2013
Assets$1.29 billion
Equity Capital$85.01 million
Loan Loss Allowance$17.90 million
Unbacked Noncurrent Loans$22.43 million
Real Estate Owned$15.12 million
Profit Margin - Quarterly
Return on Assets0.6%
Return on Equity6.49%
Interest Income$9.53 million

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Monroe Bank & Trust Savings Account Rates

0.05%$100-Statement Savings
0.05%$100-Passbook Savings

Monroe Bank & Trust Money Market Rates

0.15%$500k-Business Money Market Plus
0.15%$500k-Money Market Plus

Monroe Bank & Trust Checking Account Rates

0.20%-$50kMBT Performance Checking - Qualifying
0.05%--Free Checking Plus Interest
0.05%--NOW Account

Monroe Bank & Trust CD Rates

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
0.60%$1k-Business 4 Year Vintage CD
0.60%$1k-4 Year Vintage CD
0.50%$1k-Business 4 Year CD
0.50%$1k-4 Year CD
0.45%$1k-Business 3 Year Vintage CD
0.45%$1k-Business 3.5 Year Vintage CD
0.45%$1k-3 Year Vintage CD
0.45%$1k-3.5 Year Vintage CD
0.35%$1k-Business 3 Year CD
0.35%$1k-Business 3.5 Year CD
0.35%$1k-3 Year CD
0.35%$1k-3.5 Year CD
0.20%$1k-Business 2.5 Year CD
0.20%$1k-Business 2 Year CD
0.20%$1k-2 Year CD
0.20%$1k-2.5 Year CD
0.15%$1k-Business 1.5 Year CD
0.15%$1k-Business 1 Year CD
0.15%$1k-Business 25 Month Rate Hike CD
0.15%$1k-1 Year CD
0.15%$1k-1.5 Year CD
0.15%$1k-25 Month Rate Hike CD
0.10%$1k-Business 6 Month CD
0.10%$1k-6 Month CD
0.05%$2,500-Business 7 - 31 Day CD
0.05%$1k-Business 32 - 89 Day CD
0.05%$1k-Business 3 Month CD
0.05%$2,500-7 - 31 Day CD
0.05%$1k-32 - 89 Day CD
0.05%$1k-3 Month CD

Monroe Bank & Trust IRA Rates

0.90%--60 Month Fixed IRA
0.90%--60 Month Roth Fixed IRA
0.50%--48 Month Fixed IRA
0.50%--48 Month Roth Fixed IRA
0.50%--48 Month Education Fixed IRA
0.35%--36 Month Fixed IRA
0.35%--36 Month Education Fixed IRA
0.20%--36 Month Variable IRA
0.20%--30 Month Roth Fixed IRA
0.20%--36 Month Educational Variable IRA
0.15%--18 Month Fixed IRA
0.15%--18 Month Education Fixed IRA
0.10%--30 Month Roth Variable IRA
0.10%--9 Month Fixed IRA
0.10%--9 Month Roth Fixed IRA
0.05%--18 Month Variable IRA
0.05%--18 Month Education Variable IRA

Monroe Bank & Trust has 24 locations. Click to view all Monroe Bank & Trust locations.