Consolidated Statements Of Condition - USD ($)	Jun. 30, 2015	Dec. 31, 2014
ASSETS:
Cash and due from banks	$ 15,318,732	$ 14,503,072
Interest bearing bank balances	84,224,624	49,790,751
Federal funds sold	2,377,184	1,135,151
Total cash and cash equivalents	101,920,540	65,428,974
Investment securities available-for-sale, at fair value	17,338,416	23,725,362
Mortgage loans held for sale, net at fair value	193,948,066	147,690,276
Loans held for investment, net of unearned income	792,961,642	772,589,535
Less: allowance for loan losses	(8,676,361)	(8,948,837)
Loans, net	784,285,281	763,640,698
Property and equipment, net	30,117,050	30,247,464
Restricted equity securities	4,706,000	3,632,500
Bank owned life insurance	10,464,611	9,656,803
Goodwill	775,000	775,000
Other real estate owned, net of valuation allowance	0	144,000
Other assets	27,119,674	21,795,897
Total assets	1,170,674,638	1,066,736,974
LIABILITIES:
Demand deposits—non-interest bearing	293,441,635	235,301,171
Demand deposits—interest bearing	54,580,231	66,681,905
Savings deposits	19,431,123	20,003,086
Money market savings	379,716,129	369,221,343
Time deposits	231,854,039	228,206,408
Total deposits	979,023,157	919,413,913
Borrowings:
Trust preferred subordinated debt	10,000,000	10,000,000
Federal Home Loan Bank advances	46,025,500	11,075,497
Total borrowings	56,025,500	21,075,497
Other liabilities	22,166,764	18,710,247
Total liabilities	1,057,215,421	959,199,657
STOCKHOLDERS’ EQUITY:
Common stock, $5 par value; 20,000,000 shares authorized; issued and outstanding - 10,777,965 shares (includes non-vested shares of 341,450) at June 30, 2015 and 10,652,475 shares (includes non-vested shares of 279,750) at December 31, 2014	52,182,575	51,863,625
Additional paid-in capital	8,845,632	8,335,538
Retained earnings	52,411,915	47,354,407
Accumulated other comprehensive loss	(65,407)	(102,237)
Total Monarch Financial Holdings, Inc. stockholders’ equity	113,374,715	107,451,333
Non-controlling interest	84,502	85,984
Total equity	113,459,217	107,537,317
Total liabilities and stockholders’ equity	$ 1,170,674,638	$ 1,066,736,974