Vitals
  • Total Assets
    1.2B 2.9 %
  • Total Deposits
    1.1B 2.6 %
  • Total Net Loans
    1.0B 9.8 %
  • Net Income
    4.1M 17.2 %
  • Book Value
    129.9M 8.8 %
  • Book Value x2
    259.9M 8.8 %
  • Book Value x3
    389.8M 8.8 %
ROAA

1.447

ROAE

12.822

Efficiency Ratio

79.544

Net Interest Margin

4.268

Balance Sheet Highlights
Financial Highlights Monarch Bank All Insured Commercial Banks in Virginia
Balance Sheet $(000)
Total Assets 1,212,196 771,811
Total Net Loans 1,030,284 540,862
Total Deposits 1,064,265 638,199
Total Equity 130,038 87,529
Profitability
Net Income 4,112 1,721
Return on Average Assets 1.447 .763
Return on Average Equity 12.822 6.618
Net Interest Margin 4.268 3.835
Efficiency Ratio 79.544 72.09
Noninterest Income/Revenue 62.069 17.37
Balance Sheet Ratios
Loan-to-Deposit 96.807 83.778
Securities/Assets .022 .145
Total Equity/Total Assets .107 .113
Tangible Equity/Tangible Assets .107 .105
Capital Adequacy
Tier 1 Common Capital 129,256 79,246
Tier 1 Capital 129,256 79,297
Tier 2 Capital 8,901 5,833
Total Capital 138,157 85,193
Total Risk Weighted Assets 998,080 584,933
Leverage Ratio 11.26 10.664
Common Equity Tier 1 Capital Ratio 12.95 14.568
Tier 1 Capital Ratio 12.95 14.59
Total Capital Ratio 13.84 15.799

Timeline for Monarch Bank

Towne Bank

Monarch Bank was acquired by Towne Bank 7 years

View Profile Jun 25 2016

Monarch Financial Holdings, Inc

Monarch Financial Holdings, Inc became a new parent organization for Monarch Bank.

View Profile Jun 01 2006

Monarch Capital, Llc

Monarch Capital, Llc became a new subsidiary organization for Monarch Bank.

View Profile Nov 01 2003

Monarch Investment, Llc

Monarch Investment, Llc became a new subsidiary organization for Monarch Bank.

View Profile Feb 01 2002

Monarch Home Funding, Llc

Monarch Home Funding, Llc became a new subsidiary organization for Monarch Bank.

View Profile Jun 07 2000

Want to see more?

Complete timeline for Monarch Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Towne Bank Buyer 7,830,142 Acquisition Discontinued 6/25/2016
Relationships Role Relationship Start Relationship End
Monarch Financial Holdings, Inc Parent 6/1/2006 6/24/2016
Monarch Capital, Llc Subsidary 11/1/2003 6/24/2016
Monarch Investment, Llc Subsidary 2/1/2002 6/24/2016
Monarch Home Funding, Llc Subsidary 6/7/2000 12/29/2006
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