Overview / Commentary
304-772-3034
39 Main Street
Union, WV 24983

The Bank of Monroe is headquartered in Union and is the 34th largest bank in the state of West Virginia. It is also the 3,508th largest bank in the nation. It was established in 1903 and as of September of 2018, it had grown to 33 employees at 3 locations. The Bank of Monroe has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #6180
Year Established1903
Employees33
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.34%
Return on Equity - YTD9.76%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$142.6MM$140.5MM
LoansQ3 2018vs Q3 2017$79.8MM$69.3MM
DepositsQ3 2018vs Q3 2017$122.4MM$120.3MM
Equity CapitalQ3 2018vs Q3 2017$19.6MM$18.6MM
Loan Loss AllowanceQ3 2018vs Q3 2017$905.00K$849.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$62.00K$166.00K
Real Estate OwnedQ3 2018vs Q3 2017$38.00K$0
Rates

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Locations


The Bank of Monroe Locations
The Bank Of Monroe39 Main StreetUnion, WV 24983
Lewisburg Branch3268 Jefferson Street NLewisburg, WV 24901
Fairlea Branch9679 Seneca Trail SouthFairlea, WV 24902

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