UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    Form 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                      the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): October 24, 2006


                            Monadnock Bancorp, Inc.
                            -----------------------
             (Exact name of registrant as specified in its charter)


          Maryland                   000-50810              20-4649880
- ----------------------------        -----------        -------------------
(State or other jurisdiction        (Commission          (I.R.S. Employer
      of incorporation)              File No.)         Identification No.)

    1 Jaffrey Road, Peterborough, NH                           03458
- ----------------------------------------                    ----------
(Address of principal executive offices)                    (Zip Code)


       Registrant's telephone number, including area code: (603) 924-9654
                                                           --------------

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[ ]   Written communications pursuant to Rule 425 under the Securities Act
      (17 CFR 230.425)

[ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
      (17 CFR 240.14a-12)

[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))


ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On October 24, 2006, Monadnock Bancorp, Inc. issued a press release disclosing
its September 30, 2006 financial results.

A copy of the press release is included as Exhibit 99.1 to this report and is
being furnished to the SEC and shall not be deemed filed for any purpose.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(A) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED: None

(B) PRO FORMA FINANCIAL INFORMATION: None

(C) SHELL COMPANY TRANSACTIONS: None

(D) EXHIBITS:

      Exhibit 99.1- Press Release


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.


                                      Monadnock  Bancorp, Inc.


Date: October 24, 2006                By: /s/ William M. Pierce, Jr.
                                          --------------------------
                                          William M. Pierce, Jr.
                                          President and Chief Executive Officer