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EARNINGS RELEASES
  FOR IMMEDIATE RELEASE
October 26, 2001

Monroe Bancorp Expands Third Quarter Financial Reporting

 

BLOOMINGTON, IN – Monroe Bancorp (NASDAQ:MROE) today provided additional financial information to be used in conjunction with the original earnings report released on October 23.

Responding to several inquiries following its release earlier this week, the Company has expanded its Financial Summary Report as of September 30, 2001 to include quarter-to-quarter comparisons. These comparisons provide further insight into the Company's strong earnings and loan growth.

For more information, contact Mark D. Bradford, President and Chief Executive Officer at (812) 331-3455.