Monroe Federal Bancorp Q1 FY27 net loss narrows to $1,500; net interest income rises 8.4% to $983,000 - MFBI News | RalliesMonroe Federal Bancorp Q1 FY27 net loss narrows to $1,500; net interest income rises 8.4% to $983,000
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MFBI• Quarterly results and balance sheet trends
- Monroe Federal Bancorp posted a net loss of $1,500 for the quarter ended June 30, 2026, narrowing from a year-ago loss.
- Net interest income rose 8.4% to $983,000 as net interest margin widened 27 basis points to 2.9%.
- Provision for credit losses fell 75% to $21,000; noninterest income increased 6.7% to $96,000.
- Deposits slipped 1.8% to $122.3 million; Federal Home Loan Bank advances more than doubled to $7.4 million.
- Total assets climbed 1.2% to $144.1 million; net loans grew 1.4% to $112 million on commercial real estate demand.
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