Monroe Federal Bancorp, INC

Monroe Federal Bancorp, Inc. announced the results of its Annual Meeting of Stockholders, where directors were elected, and the 2025 Equity Incentive Plan and auditor ratification were approved.

Monroe Federal Bancorp, Inc. successfully completed its initial public offering, raising approximately $5.3 million and is set to begin trading on the OTCQB Market.

Monroe Federal Bancorp, Inc. announces its initial public offering is expected to close on October 23, 2024, with shares to begin trading on the OTCQB Market around October 24, 2024.

Monroe Federal Bancorp has entered into an agency agreement with Performance Trust Capital Partners to assist in marketing its common stock during its conversion from a mutual to stock organization.

Monroe Federal Bancorp, Inc. posted a net income of $18,000 for the quarter ended December 31, 2025, a significant improvement from a net loss in the prior year, driven by increased interest income and a recovery in credit losses.

Monroe Federal Bancorp, Inc. reported an increased net loss for the three and six months ended September 30, 2025, driven by higher credit loss provisions and noninterest expenses, despite growth in net interest income and the loan portfolio.

Monroe Federal Bancorp, Inc. reported an increased net loss for Q2 2025, driven by higher credit loss provisions and a significant rise in non-performing and classified loans.

Monroe Federal Bancorp reports a net loss for the quarter ended December 31, 2024, primarily due to an increase in the provision for credit losses.

Monroe Federal Bancorp's first quarterly report since its conversion to a stock holding company reveals a net loss, decreased deposits, and increased borrowing costs, alongside a slight increase in net loans.

Monroe Federal Bancorp reports a net loss of $115,830 for the quarter ended June 30, 2024, primarily due to increased noninterest expenses related to its pending conversion to stock form.

Monroe Federal Bancorp, Inc. reports a net loss of $514,598 for the fiscal year ended March 31, 2026, amid increased noninterest expenses and strategic investments.

Monroe Federal Bancorp, Inc. reported a net loss of $327,000 for the fiscal year ended March 31, 2025, a significant decline from the prior year's net income, driven by decreased assets, deposit outflows, and an increase in non-performing loans following its mutual-to-stock conversion.

Monroe Federal Bancorp's President & CEO, Lewis R. Renollet, acquired 3,948 shares of restricted stock and 13,160 stock options on January 26, 2026.

Monroe Federal Bancorp's CFO and Treasurer, Lisa M. Bird, was granted 1,737 shares of restricted common stock and 5,790 stock options.

Monroe Federal Bancorp's VP and COO, Christina R. Hassink, reported the acquisition of restricted common stock and stock options as part of her compensation.

Douglas E. Thompson, VP of Commercial Lending at Monroe Federal Bancorp, Inc., reported the acquisition of 1,105 restricted common shares and 3,685 stock options.

Monroe Federal Bancorp's VP of Retail Banking, James C. Conley, acquired 1,105 shares of restricted common stock and 3,685 stock options.

Monroe Federal Bancorp's Chairman of the Board, Andrew L. Davidson, reported the acquisition of restricted stock and stock options as part of his compensation.

Monroe Federal Bancorp, Inc. has issued its proxy statement for the 2026 Annual Meeting of Stockholders, scheduled for August 24, 2026, detailing the election of one director and the ratification of its independent auditor.

Monroe Federal Bancorp, Inc. announced its 2025 Annual Meeting of Stockholders to be held on December 17, 2025, focusing on director elections, an equity incentive plan, and auditor ratification.

Monroe Federal Bancorp prepares for its conversion to stock form with an updated S-1 filing, outlining the terms of its upcoming stock offering.

Monroe Federal Bancorp announces its S-1 filing for a stock offering tied to the conversion of Monroe Federal Savings and Loan Association from a mutual to a stock form of organization.

The Monroe Federal Savings & Loan Association Employee Stock Ownership Plan Trust has disclosed a 7% beneficial ownership stake in Monroe Federal Bancorp, Inc. as of December 31, 2024.