| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans | 1,402,801 | 1,356,245 | ||
| Investment securities | 118,614 | 120,219 | ||
| Interest-bearing deposits and other | 25,321 | 24,519 | ||
| Total interest income | 1,546,736 | 1,500,983 | ||
| Deposits | 502,175 | 474,786 | ||
| Borrowings | 118,500 | 118,713 | ||
| Total interest expense | 620,675 | 593,499 | ||
| Net interest income | 926,061 | 907,484 | ||
| Provision for credit losses | 10,944 | 80,388 | ||
| Net interest income after provision for (recovery of) credit losses | 915,117 | 827,096 | ||
| Service fees on deposits | 44,626 | 42,781 | ||
| Late charges and fees on loans | 9,761 | 5,386 | ||
| Loan servicing fees | 3,186 | 3,315 | ||
| Increase in cash surrender value of bank owned life insurance | 31,841 | 30,840 | ||
| Other income | 51,973 | 7,990 | ||
| Total noninterest income | 141,387 | 90,312 | ||
| Salaries and employee benefits | 533,247 | 542,418 | ||
| Directors fees | 29,700 | 30,300 | ||
| Occupancy and equipment | 134,484 | 140,446 | ||
| Data processing fees | 161,961 | 132,471 | ||
| Franchise taxes | 24,000 | 24,000 | ||
| Fdic insurance premiums | 18,185 | 17,569 | ||
| Professional services | 120,095 | 83,303 | ||
| Advertising | 20,963 | 15,443 | ||
| Other | 148,995 | 117,122 | ||
| Total noninterest expense | 1,191,630 | 1,103,072 | ||
| Loss before income taxes | -135,126 | -185,664 | ||
| Benefit for income taxes | -41,623 | -50,552 | ||
| Net loss | -93,503 | -135,112 | ||
| Earnings per share, basic | -0.19 | -0.27 | ||
| Earnings per share, diluted | -0.19 | -0.27 | ||
| Weighted average number of shares outstanding, basic | 492,594 | 492,126 | ||
Monroe Federal Bancorp, Inc. (MFBI)
Monroe Federal Bancorp, Inc. (MFBI)