2026 Overview
General Bank Information
Monroe Bank & Trust is an FDIC insured institution located in Monroe, MI. It was founded in 1905 and has approximately $1.33 billion in assets. Customers can open an account at one of its 24 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 12181 |
| Date Established | 1905 |
| Assets | $ 1,325.16 million |
| Loans | $ 761.79 million |
| Deposits | $ 1,171.74 million |
| Capital | $ 133.82 million |
For a more detailed analysis of Monroe Bank & Trust's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - October 1, 2026
Your Current Location: Maine, ME
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Loan Rates - October 1, 2026
Your Current Location: Maine, ME
| Home Equity Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| Line of Credit See Table |
5.25% | 5.25% | Varies |
| Auto Loan Rates | APR | Rate | Monthly Payment | |
|---|---|---|---|---|
| 5 Year | 4.40% | 3.99% | $460.30 |
Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.
Branches
Monroe Bank & Trust branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Ellsworth,Maine
Monroe Bank & Trust Locations
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 798.58 | A | View Lobby Hours | |
| 800.41 | B | View Lobby Hours | |
| 800.55 | C | View Lobby Hours | |
| 804.56 | D | View Lobby Hours | |
| 805.89 | E | View Lobby Hours | |
| 809.24 | F | View Lobby Hours | |
| 811.06 | G | View Lobby Hours | |
| 811.26 | H | View Lobby Hours | |
| 811.51 | I | View Lobby Hours | |
| 813.43 | J | View Lobby Hours | |
| 814.00 | K | View Lobby Hours | |
| 814.92 | L | View Lobby Hours | |
| 816.13 | M | View Lobby Hours | |
| 821.14 | N | View Lobby Hours | |
| 823.30 | O | View Lobby Hours | |
| 825.09 | P | View Lobby Hours | |
| 825.25 | Q | View Lobby Hours | |
| 827.95 | R | View Lobby Hours | |
| 828.52 | S | View Lobby Hours | |
| 830.75 | T | View Lobby Hours |
Climate Policy and Initiatives
Monroe Bank & Trust is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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Financial Details
Monroe Bank & Trust Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Monroe Bank & Trust. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| Monroe Bank & Trust | U.S. Bank Average |
|---|---|
| 5.5% | 5.57% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of December 31, 2025, Monroe Bank & Trust had $7,755,000 in non-current loans and $27,000 in owned real estate. To cover these potential losses it had $133,816,000 in equity and $7,623,000 in loans loss reserves. That gives it a Texas Ratio of 5.5%.
Return on Equity
| Monroe Bank & Trust | U.S. Bank Average |
|---|---|
| 2.61% | 10.69% |
Monroe Bank & Trust has a Return on Equity of 2.61% versus the BestCashCow average of 10.69%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| Monroe Bank & Trust | U.S. Bank Average |
|---|---|
| 10.1% | 11.75% |
Monroe Bank & Trust has a Capitalization of 10.1% versus the BestCashCow average of 11.75. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
Monroe Bank & Trust Balance Sheet Analysis
As of June 30, 2019, Monroe Bank & Trust had assets of $1,325,155,000, loans of $761,790,000, and deposits of $1,171,740,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
December 31, 2025| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 338.72 million |
| Interest-bearing balances | $ 321.78 million |
| Total securities | $ 118.55 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 761.79 million |
| Loan loss allowance | $ 7.62 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.03 million |
| Goodwill and other intangibles | N.A. |
| All other assets | $ 78.48 million |
| Total Assets | $ 1,191.34 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 1,171.74 million |
| Interest-bearing deposits | $ 861.69 million |
| Deposits held in domestic offices | $ 1,171.74 million |
| % insured (estimated) | 67.00% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 10.00 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 9.60 million |
| Total Liabilities | $ 1,191.34 million |
| Shareholders’ Equity | $ 133.82 million |
Summary Income Statement
December 31, 2025| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 24.73 million |
| Total Interest Expense | $ 1.25 million |
| Net interest income | $ 23.47 million |
| Provision for loan and lease losses | N.A. |
| Total non interest income | $ 8.16 million |
| Total non interest expense | $ 18.32 million |
| Pre-tax Net Operating Income | $ 13.31 million |
Bank Loan Profile?
The top three loan types in Monroe Bank & Trust’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.
Compared to other banks in Michigan, Monroe Bank & Trust has a significantly higher percent of Small Business Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 26.68 | ✓ | ||
| Multifamily Mortgages |
3.48 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.35 | ✓ | ||
| Small Business Loans | 15.24 | ✓ | ||
| Construction and Development Loans | 3.77 | ✓ | ||
| Commercial Real Estate | 37.06 | ✓ | ||
| Commercial and Industrial Loans | 21.35 | ✓ | ||
| Farm Loans | 1.41 | ✓ | ||
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