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You are here: Home > Shareholder Relations > News Releases > October 26, 2005

FOR IMMEDIATE RELEASE
October 26, 2005
Monroe Bancorp Announces Stock Dividend
  BLOOMINGTON, Ind. — Monroe Bancorp (NASDAQ:MROE) announced today that its Board of Directors recently declared a 5% (or one for ten) stock dividend. The stock dividend is payable November 17, 2005, to shareholders of record on November 7, 2005.

About Monroe Bancorp
Monroe Bancorp, headquartered in Bloomington, Indiana, is an Indiana bank holding company with assets over $600 million and with Monroe Bank as its wholly owned subsidiary. Monroe Bank was established in Bloomington in 1892 and offers a full range of financial, trust and investment services through its locations in Central and South Central Indiana. The Company's common stock is traded on the NASDAQ® National Stock Market under the symbol MROE.