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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 547th largest bank in the nation. It was established in 1905 and as of December of 2013, it had grown to 374 employees at 24 locations. Monroe Bank & Trust has a B+ health rating.

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Data for Q4 2013

Institution Health


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, 2013 Monroe Bank & Trust had $32.67 million in non-current loans and owned real-estate with $125.28 million in equity and loan loss allowances on hand to cover it. This gives Monroe Bank & Trust a Texas Ratio of 26.08% 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 44.76% as of December 31, 2012 to 26.08% as of December 31, 2013, resulting in a positive change of 41.75%.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 increased its total deposits by $21.17 million, resulting in 2.02% 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.



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 $125.28 million in equity, resulting in a capitalization level of 10.25%, which is above average.

Institution Statistics

FDIC Certificate #12181
Year Established1905
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.22 billion
Loans$582.05 million
Deposits$1.07 billion
Equity Capital$109.07 million
Loan Loss Allowance$16.21 million
Unbacked Noncurrent Loans$23.04 million
Real Estate Owned$9.63 million
Historic Data - December 2012
Assets$1.27 billion
Equity Capital$82.98 million
Loan Loss Allowance$17.30 million
Unbacked Noncurrent Loans$23.04 million
Real Estate Owned$14.26 million
Profit Margin - Quarterly
Net Interest Margin3.04%
Return on Assets2.07%
Return on Equity27.9%
Interest Income$39.23 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

0.10%-$50kMBT Performance Checking
0.05%--Free Checking Plus Interest
0.05%--Vintage 50
0.05%--NOW Account
0.00%--MBT Performance Checking

Monroe Bank & Trust CD Rates

1.11%$1k-Business 5 Year Vintage CD
1.11%$1k-5 Year Vintage CD
1.00%$1k-Business 5 Year CD
1.00%$1k-5 Year CD
0.70%$1k-Business 4 Year Vintage CD
0.70%$1k-4 Year Vintage CD
0.60%$1k-Business 4 Year CD
0.60%$1k-4 Year CD
0.50%$1k-Business 3 Year Vintage CD
0.50%$1k-Business 3.5 Year Vintage CD
0.50%$1k-3 Year Vintage CD
0.50%$1k-3.5 Year Vintage CD
0.40%$1k-Business 3 Year CD
0.40%$1k-Business 3.5 Year CD
0.40%$1k-3 Year CD
0.40%$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

1.01%--60 Month Fixed IRA
1.01%--60 Month Roth Fixed IRA
0.60%--48 Month Fixed IRA
0.60%--48 Month Roth Fixed IRA
0.60%--48 Month Education Fixed IRA
0.40%--36 Month Fixed IRA
0.40%--36 Month Education Fixed IRA
0.25%--36 Month Variable IRA
0.25%--30 Month Roth Fixed IRA
0.25%--36 Month Educational Variable IRA
0.20%--18 Month Fixed IRA
0.20%--18 Month Education Fixed 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

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