MCBF Monarch Community Bancorp, Inc. featured news, full reports, and detailed charts
Monarch Community Bancorp, Inc. (MCBF) Wrap Up:
Monarch Community Bancorp, Inc. (“Company”) was incorporated in March 2002 under Maryland law to hold all of the common stock of Monarch Community Bank (“Monarch” or the “Bank”), formerly known as Branch County Federal Savings and Loan Association. The Bank converted to a stock savings institution effective August 29, 2002. In connection with the conversion, the Company sold 2,314,375 shares of its common stock in a subscription offering. On April 15, 2004, the Company completed its acquisition of MSB Financial, Inc., parent company of Marshall Savings Bank. Accordingly, MSB Financial was merged with and into Monarch Community Bancorp, Inc. On June 7, 2004, Marshall Savings Bank was merged with and into Monarch Community Bank. The Company issued a total of 310,951 shares of its common stock and paid cash of $19.7 million to former MSB Financial stockholders. The cash paid in the transaction came from the Company’s existing liquidity. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f28%2f0000950124-08-001585.html#FIS_BUSINESS"www.monarchcb.com
85 Employees
Founded in 1934
Monarch Community Bancorp Inc. (MCBF:NASDAQ)
LAST $3.24 USD
CHANGE TODAY +0.4399 15.71%
VOLUME 2.0K
As of 3:40 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Monarch Community Bancorp Inc. (MCBF)
|
OPEN
$2.55
|
PREVIOUS CLOSE
$2.80
|
|
|
DAY HIGH
$3.24
|
DAY LOW
$2.55
|
|
|
52 WEEK HIGH
06/24/09 - $7.44
|
52 WEEK LOW
01/27/09 - $2.35
|
|
|
MARKET CAP
6.6M
|
AVERAGE VOLUME 3 mo
3.0K
|
|
|
DILUTED EPS TTM
$-1.22
|
SHARES OUTSTANDING
2.0M
|
|
|
EX-DATE
11/3/09
|
P/E TTM
NM
|
|
|
DIVIDEND
--
|
DIVIDEND YIELD
0.00%
|
|
| K = Thousands M = Millions B = Billions | ||
MCBF Top Compensated Officers
Mr. Donald L. Denney
Chief Executive Officer, President, Director,...
Age: 58
Total Annual Compensation: $211.8K
Ms. Rebecca S. Crabill
Chief Financial Officer, Principal Accounting...
Age: 38
Total Annual Compensation: $79.0K
Mr. Andrew J. Van Doren
Senior Vice President, Secretary, General Cou...
Age: 60
Total Annual Compensation: $101.4K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for Monarch Community Bancorp Inc. (MCBF)
Monarch Community Bancorp Inc. Announces Suspension of Quarterly Dividend
11/3/2009
Monarch Community Bancorp Inc. announced that its Board of Directors has decided to discontinue the quarterly cash dividend previously paid on shares of its common stock.
Monarch Community Bancorp Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
10/29/2009
Monarch Community Bancorp Inc. announced earnings results for the third quarter and nine months ended September 30, 2009. The company reported loss of $440,000 based on net loss available to common shareholders compared to earnings of $57,000 for the quarter ended September 30, 2008. Basic and diluted losses per share were $0.22 compared to earnings of $0.03 for the same period in 2008. The company reported net loss for the first nine months of 2009 of $2.2 million compared to earnings of $638,000 for the same period a year ago. Basic and diluted losses per share for the nine months ended September 30, 2009 were $1.13 compared to earnings of $0.27 for the same period in 2008. The decline in net income and earnings per share for both periods was primarily due to the increase in loan loss provision required by the weak Michigan economy. The company continues to face the challenges of high unemployment and the deterioration of the real estate and housing markets.
Monarch Community Bancorp Inc. Declares Quarterly Dividend Payable on September 18, 2009
08/26/2009
Monarch Community Bancorp Inc. announced a quarterly dividend of 7 cents per share. The cash dividend is payable on September 18, 2009 to shareholders of record as of the close of business on September 4, 2009.
MCBF Competitors
| Company | Last | Change | |
| No competitor information is available for MCBF. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | MCBF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.9x |
|
| Price/Book | 0.2x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
MCBF |
||
|
MCBF transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent News About Monarch Community Bancorp, Inc.
More news for MCBF
MONARCH COMMUNITY BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Show all filings for MONARCH COMMUNITY BANCORP INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MONARCH COMMUNITY BANCORP INC 27-Jul-2009Results of Operations and Financial Condition, Financial Statements Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All inform...Click here to read the whole Article (external link)
Monarch Community Bancorp, Inc. Announces Quarterly Dividend
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
MONARCH COMMUNITY BANCORP INC Financials
PERIOD ENDING30-Jun-0931-Mar-0931-Dec-0830-Sep-08Total Revenue5,504 5,448 5,092 5,193 Cost of Revenue1,274 1,319 1,403 1,420 Gross Profit4,230 4,129 3,689 3,773 Operating ExpensesResearch Development - - - - Selling General and Administrative2,404 2,268 2,531 2,126 Non Recurring - - - - Others3,612 964 945 863 Total Operating Expenses - - - - Operating Income or Loss(1,786)897 213 784 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes(1,786)897 213 784 Interest Expense644 658 683 690 Income Before Tax(2,430)239 (470)94 Income Tax Expense(607)60 (131)37 Minority Interest - - - - Net Income From Continuing Ops(1,823)179 (339)57 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
MONARCH COMMUNITY BANCORP INC Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis should be read in conjunction with the condensed consolidated financial statements of the Corporation and the accompanying notes. The Corporation is not aware of any market or institutional trends, events, or circumstances that will have or are likely to have a material effect on liquidity, capital resources, or results of operations except as discussed herein. Also, the Corporation is not aware of any current recommendations by regulatory authorities that will have such effect if implemented. FORWARD-LOOKING STATEMENTS In addition to historical information, the following discussion contains "forward-looking statements" that involve risks and uncertainties. All statements regarding the expected financial position, business and strategies are forward-looking statements and the Corporation intends for them to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The words "anticipates," "believes," "estimates," "seeks," "expects," "plans," "intends," and similar expressions, as they relate to the Corporation or management, are intended to identify forward-looking statements. The Corporation believes that the expectations reflected in these forward-looking statements are reasonable based on our current beliefs and assumptions; however, these expectations may prove to be incorrect. Factors which could have a material adverse effect on our operations include, but are not limited to, changes in interest rates, changes in the relative difference between short and long-term interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the qualit...Click here to read the whole Article (external link)
Monarch Community Bancorp, Inc. Announces Third Quarter 2009 Earnings
COLDWATER, Mich., Oct. 29, 2009 (GLOBE NEWSWIRE) -- Monarch Community Bancorp, Inc. (Nasdaq:MCBF - News), the parent company of Monarch Community Bank, today announced a loss for the quarter ended September 30, 2009 of $440,000 based on net loss available to common shareholders compared to earnings of $57,000 for the quarter ended September 30, 2008. Basic and diluted losses per share for the quarter ended September 30, 2009 were $(.22) compared to earnings of $0.03 for the same period in 2008. Monarch Community Bancorp also reported a net loss for the first nine months of 2009 of $2.2 million compared to earnings of $638,000 for the same period a year ago. Basic and diluted losses per share for the nine months ended September 30, 2009 were $(1.13) compared to earnings of $0.27 for the same period in 2008. The decline in net income and earnings per share for both periods was primarily due to the increase in loan loss provision required by the weak Michigan economy. The company continues to face the challenges of high unemployment and the deterioration of the real estate and housing markets. These challenges overshadow the core operating performance and strong capital position of the Company. "Although we have seen signs of improvement in the economy at the national level, we have not seen similar trends in Michigan. We continue to respond aggressively to non-performing assets and maintain our reserves at levels we feel appropriate," said Don Denney, President and CEO of Monarch Community Bancorp and Monarch Community Bank. "...Click here to read the whole Article (external link)
Monarch Community Bancorp trims dividends
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Monarch Community Bancorp, Inc. Announces Suspension of Quarterly Dividend
Monarch Community Bancorp, Inc. Announces Suspension of Quarterly Dividend - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; text-align: left...Click here to read the whole Article (external link)
MONARCH COMMUNITY BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
Show all filings for MONARCH COMMUNITY BANCORP INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MONARCH COMMUNITY BANCORP INC 30-Oct-2009Results of Operations and Financial Condition, Financial Statements Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
MONARCH COMMUNITY BANCORP INC Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis should be read in conjunction with the condensed consolidated financial statements of the Corporation and the accompanying notes. The Corporation is not aware of any market or institutional trends, events, or circumstances that will have or are likely to have a material effect on liquidity, capital resources, or results of operations except as discussed herein. Also, the Corporation is not aware of any current recommendations by regulatory authorities that will have such effect if implemented. FORWARD-LOOKING STATEMENTS In addition to historical information, the following discussion contains "forward-looking statements" that involve risks and uncertainties. All statements regarding the expected financial position, business and strategies are forward-looking statements and the Corporation intends for them to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The words "anticipates," "believes," "estimates," "seeks," "expects," "plans," "intends," and similar expressions, as they relate to the Corporation or management, are intended to identify forward-looking statements. The Corporation believes that the expectations reflected in these forward-looking statements are reasonable based on our current beliefs and assumptions; however, these expectations may prove to be incorrect. Factors which could have a material adverse effect on our operations include, but are not limited to, changes in interest rates, changes in the relative difference between short and long-term interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the qual...Click here to read the whole Article (external link)
MONARCH COMMUNITY BANCORP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Show all filings for MONARCH COMMUNITY BANCORP INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MONARCH COMMUNITY BANCORP INC 5-Nov-2009Other Events, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is...Click here to read the whole Article (external link)
Would you like to leave a comment about Monarch Community Bancorp, Inc. MCBF
Find out what social network information about Monarch Community Bancorp, Inc. are available on RealpenniesWorst 5 - Click here to find out what stocks have been voted down by our visitors and users
Besides Monarch Community Bancorp, Inc. there is more great information available at Realpennies.com