"Rick Rechter is leaving after three decades of extraordinary service to Monroe Bancorp and Monroe Bank," said Mark D. Bradford, President and CEO of Monroe Bank. "We are fortunate to have a Director with Jim's experience to replace the knowledge and business judgment that Rick provided to our board. Jim's experience will help further strengthen our excellent board."

Mr. Bremner said, "Monroe Bank is one of the most well-respected and trusted financial institutions in the Bloomington area, and they are quickly establishing this same reputation in Central Indiana. I share Monroe Bank's commitment to the communities it serves, and to their customers, many of whom are patients or employees of the healthcare facilities developed by Bremner & Wiley. I am honored to serve on its board of directors and I look forward to working hard to help the Company achieve its goals."

Mr. Bremner is involved in all phases of the Bremner & Wiley's Real Estate Advisory Group process, including site analysis, land acquisitions and tenant representation. Under his guidance the company, which formed in 1986, has become one of the leading healthcare facility development and management companies in the Midwest. He is a graduate of Purdue University, where he obtained a Bachelor of Science degree in Management. His professional affiliations include the American College of Healthcare Executives, the Building Owners and Managers Association, the National Association of Realtors, and the Society of Industrial and Office REALTORS®.

Monroe Bank was established in 1892 in Bloomington, Indiana and is the wholly owned subsidiary of Monroe Bancorp, an Indiana bank holding company headquartered in Bloomington. Monroe Bank offers a full range of financial, trust and investment services to more than 20,000 retail and commercial customers through offices in Monroe, Jackson, Lawrence and Hendricks counties. The Company's common stock is traded on the NASDAQ® National Stock Market under the symbol MROE.