The Bank of Monroe

The Bank of Monroe is headquartered in Union and is the 46^th largest bank in the state of West Virginia. It is also the 4,449^th largest bank in the nation. It was established in 1903 and as of March of 2012, it had grown to 29 employees at 2 locations. The Bank of Monroe has a 5-star health rating.

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Data for Q1 2012

Institution Statistics The Bank of Monroe FDIC Certificate # 6180 BankRate Report View Year Established 1903 Employees 29 Primary Regulator FED Assets and Liabilities Assets $120.79 million Loans $65.18 million Deposits $104.09 million Equity Capital $15.40 million Loan Loss Allowance $595,000 Unbacked Noncurrent Loans $668,000 Real Estate Owned $205,000 Historic Data - March 2011 Assets $116.90 million Equity Capital $14.49 million Loan Loss Allowance $482,000 Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 0.8% Return on Equity 6.24% Interest Income $1.25 million

Institution Health Overall Score: 5 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 March 31, 2012 The Bank of Monroe had $873,000 in non-current loans and owned real-estate with $15.99 million in equity and loan loss allowances on hand to cover it. This gives The Bank of Monroe a Texas Ratio of 5.46% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, The Bank of Monroe has increased its total deposits by $2.61 million, resulting in 2.57% 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 The Bank of Monroe 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. The Bank of Monroe has $120.79 million in assets with $15.99 million in equity, resulting in a capitalization level of 13.24%, which is excellent.

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