Monroe Federal Savings and Loan Association
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Data as of · sourced from FFIEC call reports. How we update
Monroe Federal Savings and Loan Association is an FDIC-insured savings institution headquartered in Tipp City, OH, established in 1875 (FDIC certificate 29578), and it is supervised by the OCC. At Q2 2026 it reported total assets of $144.5M, down 0.7% from Q2 2025, the 112th largest of 154 banks headquartered in Ohio. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.86% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 29578
- Headquarters
- Tipp City, OH
- Established
- 1875
- Total assets, Q2 2026
- $144.5M
- Assets vs Q2 2025
- -0.7%
- Tier 1 leverage ratio, Q2 2026
- 9.86%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 242272861
- Latest call report
- Q2 2026, FFIEC 051 · Monroe Federal Savings and Loan Association call report
- Holding company
- MONROE FEDERAL BANCORP, INC
- Asset rank in state
- 112th of 154 in Ohio
Monroe Federal Savings and Loan Association spends more to run itself than most banks of its size. The Tipp City, Ohio bank had $145 million in assets at June 30, 2026. It earns about $0.09 a year on every $100 of assets, a small fraction of the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 94 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Paper losses on its bond portfolio are shrinking: unrealized losses of $3.9 million equal 28% of Tier 1 capital, down from 35% a year earlier. Problem loans fell by more than half over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.22% of loans from 0.59%. Its margin is thin by comparison: it keeps 2.91 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.95 cents).
As of June 30, 2026, Monroe Federal Savings and Loan Association reported a return on assets of 0.09%, a nonperforming-loan ratio of 0.22% and a Texas ratio of 2.09%. The figures come from its call report filed with the FFIEC.
Monroe Federal Savings and Loan Association ranks as the 112th largest of the 154 banks based in Ohio, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.2% to $144.5M, loans rose 1.4% and deposits fell 1.6%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 64.2% of total loans, followed by owner-occupied commercial real estate loans at 17.0%. The FDIC Summary of Deposits lists 4 offices for it, in Tipp City, OH, Vandalia, OH and Dayton, OH; its Tipp City 2 offices book 52% of its branch deposits. By the capital ratios in its Q2 2026 call report, Monroe Federal Savings and Loan Association meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 24 E Main St, Tipp City, OH 45371
- County
- Miami
- Metro Area
- Dayton-Kettering-Beavercreek, OH
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1875
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 23
- Domestic deposits
- $124.5M
- Allowance for credit losses
- $806K
- Net charge-offs (YTD)
- $1K
- Average total assets
- $143.6M
- Average total loans
- $111.9M
- Average interest-bearing deposits
- $112.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29578
- Fed RSSD
- 576578
- SEC CIK
- 2024899 → filed by MONROE FEDERAL BANCORP, INC
- Website
- www.monroefederal.com →
- Parent Holding Company
- MONROE FEDERAL BANCORP, INC (RSSD 5951965) · MFBI
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Lewis R. Renollet | CEO | President & CEO |
| Lisa M. Bird | CFO | CFO and Treasurer |
| Christina R. Hassink | COO | VP and COO |
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Monroe Federal Savings and Loan Association reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Monroe Federal Savings and Loan Association's total assets ranged from $142.8M (Q1 2026) to $157.3M (Q4 2023), and it earned a profit in 5 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$144.5M total assets against $145.6M; $133.5M total liabilities against $135.4M.
$112.0M net loans and leases against $108.3M; $124.5M total deposits against $127.3M.
$17.9M securities against $22.2M; $2.4M cash and balances due against $2.9M.
$1.6M total interest income against $1.5M; $602K total interest expense against $600K.
$984K net interest income against $906K.
$84K total noninterest income against $83K; $1.0M total noninterest expense against $1.1M.
$21K provision for credit losses against $81K.
$32K net income against -$106K.
0.09% return on assets against -0.29%; 2.91% net interest margin against 2.64%.
9.86% tier 1 leverage ratio against 9.86%.
Inside the full Monroe Federal Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeMonroe Federal Savings and Loan Association rankings
Its closest position to the top of a national ranking is 2,226 of 3,640, for Texas Ratio; its furthest is 3,516 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.52% (Q1 2026) to 0.21% (Q4 2025) and its net interest margin ran from 2.37% (Q3 2024) to 2.91% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.86% | 0.09% | 0.22% | 2.09% | 2.91% |
| Q1 2026 | 9.60% | -0.52% | 0.22% | 2.14% | 2.72% |
| Q4 2025 | 9.73% | 0.21% | 0.48% | 4.52% | 2.67% |
| Q3 2025 | 9.70% | -0.11% | 0.56% | 5.35% | 2.79% |
| Q2 2025 | 9.86% | -0.29% | 0.59% | 5.81% | 2.64% |
| Q1 2025 | 10.00% | 0.09% | 0.58% | 5.65% | 2.64% |
| Q4 2024 | 9.80% | -0.23% | 0.65% | 6.48% | 2.67% |
| Q3 2024 | 8.54% | -0.23% | 0.22% | 2.38% | 2.37% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Monroe Federal Savings and Loan Association (main office) | Tipp City , OH | 45371 | $42.6M |
| 264 East National Road Branch | Vandalia , OH | 45377 | $35.4M |
| Dixie Drive Branch | Dayton , OH | 45414 | $23.7M |
| Tipp City West Branch | Tipp City , OH | 45371 | $22.7M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in OH, rank 128 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 48 applications, 42 loans originated, $8.9M originated, across 3 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- Not on file
- Enforcement actions, SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Monroe Federal Savings and Loan Association
What are Monroe Federal Savings and Loan Association's total assets?
As of the Q2 2026 filing, Monroe Federal Savings and Loan Association reported total assets of $144.5 million in its FFIEC call report.
Where is Monroe Federal Savings and Loan Association headquartered?
It is headquartered in Tipp City, OH, United States.
When was Monroe Federal Savings and Loan Association founded?
It was established in 1875, per the FDIC institution directory.
Is Monroe Federal Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #29578). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Monroe Federal Savings and Loan Association?
Monroe Federal Savings and Loan Association's primary federal regulator is the OCC.
How many branches does Monroe Federal Savings and Loan Association operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Monroe Federal Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 2.09% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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