BLOOMINGTON, Ind. —, Mark Bradford, President and Chief Executive Officer Monroe Bancorp, Monroe Bank’s parent company, was invited to address a session of investors at Keefe, Bruyette & Woods, Inc. (KBW) 7th Annual Community Bank Investor Conference held in NewYork City on August 1st and 2nd. KBW is the leading investment-banking and brokerage firm specializing in the financial services sector.

Monroe Bancorp was one of over 75 public community financial institutions from all corners of the country that presented at this conference. Patricia NcJoynt, KBW Managing Director, indicated that holding the conference immediately following the release of second quarter earnings gave investors an opportunity to list, evaluate and question bank management on recent industry and operating results.

Bradford’s presentation focused on the historical performance of Monroe Bancorp over the past six years as well as the key strategic initiatives for the future. “I enjoyed having the opportunity to share Monroe Bancorp’s exciting story with a group of potential investors who were not previously familiar with the Company,” said Bradford. “I was also pleased that my presentation generated a significant amount of interest in the Company from several members of the audience.”

In a recent release of second quarter earnings, Monroe Bancorp reported a net income of $3,714,000, or $0.56 per basic and diluted common share, for six months ended June 30, 2006, compared to $3,495,000 or $0.53 per basic and diluted common share for the same period in 2005. This represents a 6.3 percent increase in net income. “I am very pleased with the growth of second quarter and year-to-date earnings considering the net interest margin challenges created by the flat yield curve and the expenses we have incurred opening and promoting our new banking center in Hendricks County,” said Bradford.

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. Its first Central Indiana branch opened in September of 2001. Monroe Bank offers a full range of financial, trust and investment services to its more than 22,000 retail and commercial customers through offices in Monroe, Jackson, Lawrence, Hendricks and Hamilton counties. The Company's common stock is traded on the NASDAQÒ National Stock Market under the symbol MROE.

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