Monroe Federal Bancorp, Inc. filed a Form 10-Q with the SEC on November 13, 2026, reporting unaudited financial results for the six months ended September 30, 2026, with the company trading under the symbol MFBI on OTC markets.

Key Highlights

  • Net loss of $69,202 for the six months ended September 30, 2026, compared to a net loss of $228,615 in the same period of the prior year, according to the filing.
  • Total assets of $144,198,780 as of September 30, 2026, up from $142,428,750 as of March 31, 2026, the filing reported.
  • Net interest income of $1,978,418 for the six-month period ended September 30, 2026, compared to $1,833,545 in the prior-year period.
  • Total deposits increased to $131,008,485 at September 30, 2026, from $124,549,781 at March 31, 2026, as disclosed in the consolidated balance sheet.
  • 541,434 shares of common stock, par value $0.01 per share, were issued and outstanding as of November 13, 2026.
  • Basic loss per weighted average share was $(0.14) for both the three-month and six-month periods ended September 30, 2026.

Monroe Federal Bancorp Financial Results for the Period Ended September 30, 2026

Monroe Federal Bancorp, Inc. (OTC:MFBI), a Maryland-incorporated savings bank holding company headquartered at 24 East Main Street, Tipp City, Ohio, operates through its bank subsidiary and generates revenue primarily from interest on loans and investment securities. The company disclosed a net loss of $69,202 for the six months ended September 30, 2026, a reduction from the net loss of $228,615 reported for the same period one year earlier. For the three months ended September 30, 2026, the company reported a net loss of $67,694, compared to a net loss of $93,503 in the prior-year quarter.

According to the filing, total interest income for the six-month period was $3,186,117, rising from $3,047,719 in the comparable prior-year period, with loan interest income accounting for $2,951,253 of that total. Total interest expense for the same six-month period was $1,207,699, compared to $1,214,174 in the prior year. The company recorded a provision for credit losses of $5,151 for the six months ended September 30, 2026, down from $91,332 in the prior-year period. The allowance for credit losses stood at $795,932 as of September 30, 2026.

On the balance sheet, net loans totaled $113,524,399 at September 30, 2026, compared to $110,528,620 at March 31, 2026. Total stockholders' equity declined to $11,514,420 from $12,401,404 over the same period, which the filing attributes in part to a larger accumulated other comprehensive loss of $(4,104,531) at September 30, 2026, versus $(3,236,269) at March 31, 2026. The company reported no outstanding advances from the Federal Home Loan Bank at September 30, 2026, compared to $3,834,000 at March 31, 2026. The registrant identified itself as a non-accelerated filer, smaller reporting company, and emerging growth company in the filing.

What Was Disclosed

Monroe Federal Bancorp filed its quarterly report covering the six months ended September 30, 2026, disclosing a net loss of $69,202, total assets of $144,198,780, total deposits of $131,008,485, and 541,434 common shares issued and outstanding as of November 13, 2026.