| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 2,442,270 | 1,578,395 | ||
| Interest-bearing deposits in other financial institutions | 128,669 | 344,798 | ||
| Federal funds sold | 148,000 | 291,000 | ||
| Cash and cash equivalents | 2,718,939 | 2,214,193 | ||
| Available-for-sale securities | 23,009,150 | 22,848,176 | ||
| Loans receivable | 110,712,845 | 109,269,018 | ||
| Allowance for credit losses | 951,939 | 934,565 | ||
| Net loans | 109,760,906 | 108,334,453 | ||
| Premises and equipment | 5,076,207 | 5,069,776 | ||
| Restricted stock | 875,000 | 867,600 | ||
| Bank owned life insurance | 3,667,872 | 3,636,031 | ||
| Accrued interest receivable | 493,806 | 456,080 | ||
| Net deferred federal income taxes | 1,301,593 | 1,394,224 | ||
| Other assets | 695,850 | 678,633 | ||
| Total assets | 147,599,323 | 145,499,166 | ||
| Demand | 34,851,812 | 39,268,854 | ||
| Savings and money market | 51,785,760 | 51,498,436 | ||
| Time | 35,826,065 | 34,395,044 | ||
| Total deposits | 122,463,637 | 125,162,334 | ||
| Advances from the federal home loan bank | 11,142,000 | 6,477,000 | ||
| Advances by borrowers for taxes and insurance | 336,340 | 590,014 | ||
| Directors plan liability | 620,046 | 614,232 | ||
| Accrued interest payable and other liabilities | 676,926 | 645,621 | ||
| Preferred stock - .01 par value, 1,000,000 shares authorized | - | 0 | ||
| Total liabilities | 135,238,949 | 133,489,201 | ||
| Common stock - .01 par value, 14,000,000 shares authorized, 526,438 shares issued at september 30, and march 31, 2025 | 5,264 | 5,264 | ||
| Additional paid in capital | 3,865,243 | 3,862,826 | ||
| Unallocated common stock of esop | 336,265 | 340,872 | ||
| Retained earnings | 12,362,447 | 12,455,950 | ||
| Treasury stock - 21,000 shares | 210,000 | 210,000 | ||
| Deferred compensation plan - rabbi trust - 21,000 shares | 210,000 | 210,000 | ||
| Accumulated other comprehensive loss | -3,536,315 | -3,973,203 | ||
| Total stockholders' equity | 12,360,374 | 12,009,965 | ||
| Total liabilities and stockholders' equity | 147,599,323 | 145,499,166 | ||
Monroe Federal Bancorp, Inc. (MFBI)
Monroe Federal Bancorp, Inc. (MFBI)