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Ticker:MROE
Company Name: Monroe Bancorp

Business Overview from 10-K filing for Monroe Bancorp:

Monroe Bancorp (the "Company") is a one-bank holding company formed as a general corporation under Indiana law in 1984. At December 31, 2004, on a consolidated basis the Company had total assets of $634.0 million, total loans of $477.1 million and total deposits of $483.5 million. The Company holds all of the outstanding stock of Monroe Bank (the "Bank"), which was formed in 1892. The Bank is the primary business activity of the Company. The Bank, with its primary office located in Bloomington, Indiana, conducts business from sixteen locations in Monroe, Hendricks, Jackson and Lawrence counties in Indiana. Approximately 75 percent of the Bank's business is in Monroe County and is concentrated in and around the city of Bloomington. However, the Company's anticipated continued development of additional banking business in Hendricks County is expected to gradually reduce this concentration.     

View the full MROE chart at Wikinvest

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