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of Contents](#TOC)\n\n​\n\n​\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\n**WASHINGTON, D.C. 20549**\n\nFORM 10-K\n\n​\n\n☒Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934\n\nFor the fiscal year ended March 31, 2026\n\n**OR**\n\n☐Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934\n\nre\n\n**Commission File No.****000-56702**\n\n​\n\n**Monroe Federal Bancorp, Inc.**\n\n(Exact Name of Registrant as Specified in Its Charter)\n\n​\n\n**Maryland**\n\n**99-3587922**\n\n(State or Other Jurisdiction of Incorporation or Organization)\n\n(I.R.S. Employer Identification Number)\n\n​\n\n​\n\n**24 East Main Street****,****Tipp City****,****Ohio**\n\n**45371**\n\n(Address of Principal Executive Offices)\n\n(Zip Code)\n\n​\n\n**(****937****)****667-8461**\n\n(Registrant’s Telephone Number, Including Area Code)\n\n​\n\n**N/A**\n\n(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)\n\nSecurities registered pursuant to Section 12(b) of the Act: Common Stock, par value $0.01 per share\n\nTitle of each class\n\nTrading symbol(s)\n\nName of Each Exchange on Which Registered\n\n​\n\n​\n\n​\n\n​\n\nSecurities registered pursuant to Section 12(g) of the Act: Common Stock, par value $0.01 per share\n\nIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YES ☐ NO ☒\n\nIndicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act YES ☐ NO ☒\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such requirements for the past 90 days.   YES  ☒    NO  ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files).   YES  ☒    NO   ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:\n\n​\n\nLarge accelerated filer ☐\n\n​\n\nAccelerated filer\n\n☐\n\n​\n\n​\n\nNon-accelerated filer ☒\n\n​\n\nSmaller reporting company\n\n☒\n\n​\n\n​\n\n​\n\n​\n\nEmerging growth company\n\n☒\n\n​\n\n​\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act by the registered public accounting firm that prepared or issued its audit report. ☒\n\nIf securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐\n\nIndicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).   YES  ☐    NO  ☒\n\nThe aggregate market value of the common shares of Monroe Federal Bancorp, Inc., held by non-affiliates was $4,066,515 as of September 30, 2025, the last business day of the registrant’s most recently completed second fiscal quarter. Directors and executive officers of the registrant are considered affiliates for purposes of this calculation but should not necessarily be deemed affiliates for any other purpose.\n\n541,434 shares of the registrant’s common stock, par value $0.01 per share, were issued and outstanding as of June 25, 2026.\n\n​\n\n**DOCUMENTS INCORPORATED BY REFERENCE**\n\nPortions of the Registrant’s definitive Proxy Statement for the 2026 Annual Meeting of Stockholders (Part III)\n\n​\n\n​\n\n​\n\n​\n\n[Table of Contents](#TOC)\n\n**TABLE OF CONT****ENTS**\n\n​\n\n​\n\n**  ​ ​ ​**\n\n**Page**\n\n[**PART I**](#PARTI_820751)\n\n​\n\n​\n\n​\n\n[Item 1. Business](#Item1Business_926429)\n\n​\n\n3\n\n​\n\n​\n\n​\n\n[Item 1A. Risk Factors](#Item1ARiskFactors_69436)\n\n​\n\n28\n\n​\n\n​\n\n​\n\n[Item 1B. Unresolved Staff Comments](#Item1BUnresolvedStaffComments_882069)\n\n​\n\n28\n\n​\n\n​\n\n​\n\n[Item 1C. Cybersecurity](#item_1c)\n\n​\n\n28\n\n​\n\n​\n\n​\n\n[Item 2. Properties](#Item2Properties_895107)\n\n​\n\n29\n\n​\n\n​\n\n​\n\n[Item 3. Legal Proceedings](#Item3LegalProceedings_456855)\n\n​\n\n30\n\n​\n\n​\n\n​\n\n[Item 4. Mine Safety Disclosures](#Item4MineSafetyDisclosures_652031)\n\n​\n\n30\n\n​\n\n​\n\n​\n\n[**PART II**](#PARTII_135886)\n\n​\n\n​\n\n​\n\n[Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](#Item5MarketForRegistrantsCommonEquityRel)\n\n​\n\n31\n\n​\n\n​\n\n​\n\n[Item 6. (Reserved)](#Item6Reserved_19007)\n\n​\n\n31\n\n​\n\n​\n\n​\n\n[Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#Item7ManagementsDiscussionandAnalysisofF)\n\n​\n\n31\n\n​\n\n​\n\n​\n\n[Item 7A. Quantitative and Qualitative Disclosures About Market Risk](#Item7AQuantitativeandQualitativeDisclosu)\n\n​\n\n44\n\n​\n\n​\n\n​\n\n[Item 8. Financial Statements and Supplementary Data](#Item8FinancialStatementsAndSupplementary)\n\n​\n\n45\n\n​\n\n​\n\n​\n\n[Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](#Item9ChangesinandDisagreementswithAccoun)\n\n​\n\n85\n\n​\n\n​\n\n​\n\n[Item 9A. Controls and Procedures](#Item9AControlsandProcedures_448412)\n\n​\n\n85\n\n​\n\n​\n\n​\n\n[Item 9B. Other Information](#Item9BOtherInformation_73628)\n\n​\n\n85\n\n​\n\n​\n\n​\n\n[Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](#Item9CDisclosureRegardingForeignJurisdic)\n\n​\n\n85\n\n​\n\n​\n\n​\n\n[**PART III**](#PARTIII_616096)\n\n​\n\n​\n\n​\n\n[Item 10. Directors, Executive Officers and Corporate Governance](#Item10DirectorsExecutiveOfficersAndCorpo)\n\n​\n\n86\n\n​\n\n​\n\n​\n\n[Item 11. Executive Compensation](#Item11ExecutiveCompensation_866257)\n\n​\n\n86\n\n​\n\n​\n\n​\n\n[Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](#Item12SecurityOwnershipOfCertainBenefici)\n\n​\n\n86\n\n​\n\n​\n\n​\n\n[Item 13. Certain Relationships and Related Transactions, and Director Independence](#Item13CertainRelationshipsAndRelatedTran)\n\n​\n\n87\n\n​\n\n​\n\n​\n\n[Item 14. Principal Accounting Fees and Services](#Item14PrincipalAccountFeesandServices_45)\n\n​\n\n87\n\n​\n\n​\n\n​\n\n[**PART IV**](#PARTIV_801423)\n\n​\n\n​\n\n​\n\n[Item 15. Exhibits and Financial Statement Schedules](#Item15ExhibitsAndFinancialStatementSched)\n\n​\n\n87\n\n​\n\n​\n\n​\n\n[Item 16. Form 10-K Summary](#Item16Form10KSummary_132218)\n\n​\n\n88\n\n​\n\n​\n\n​\n\n[Signatures](#SIGNATURES_416875)\n\n​\n\n89\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n​\n\n[Table of Contents](#TOC)\n\nPART I"}