Institution Class	Commercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary Regulator	FDIC
Established Date	03/01/1908
Community Bank	Yes
Ownership Type	Not Mutual
ZIP	27701
State and County Number	37063
Subchapter S Corporations	No
Trust Powers	Full Trust Powers Granted
Federal Reserve ID Number	05
Numeric code	21
Insured by FDIC	Institutions that are currently open and insured by the FDIC
Federal Reserve District	Atlanta
Core Based Statistical Area Name	Durham-Chapel Hill, NC

Operational Info

Number of Employees	82
Domestic Offices	8
Foreign Offices	0
US Offices	0
Directly owned by another bank (CERT)	No
Last Structure Change Effective Date	08/31/2022
Date of Deposit Insurance	01/01/1934
Primary Insurance Agency	DIF
Website	www.mfbonline.com
Data Updated	11/14/2025
CERT	12266
Office of The Comptroller District:	—
Office of Thrift Supervision Region	N/A

Financial Summary

Total Assets	$490.95M
Total Deposits	$417.94M
Total Liabilities	$423.45M
Total Equity Capital	$67.50M
Net Income	$1.40M
Net Loans and Leases	$270.94M
Assets Per Employee ($Millions)	$6.06M
Bank Premises and Fixed Assets	$5.06M
Cash and Balances due from Depository Institutions	$40.02M
Deposits Held in Domestic Offices	$417.94M

Return on Assets (ROA)	1.14%
Return on Equity (ROE)	8.41%
Net Interest Margin	4.28%
Efficiency Ratio	69.64%
Tier 1 Risk-Based Capital Ratio	24.733%
Net Loans and Leases to Core Deposits	0%
Credit Loss Provision to Assets	-0.02%
Cash Dividends to Net Income (YTD Only)	0%
Equity Capital to Assets	13.749%
Earning Assets to total Assets	94.51%

Total Interest Income	$6.37M
Total Noninterest Income	$788.00k
Total Interest Expense	$1.39M
Total Noninterest Expense	$4.02M
Net Interest Income	$4.98M
Pre-tax Net Operating Income	$1.78M
Provision for Credit Losses	$-27,000
Discontinued Operations (Extraordinary Gains - Net)	$0

Goodwill and Other Intangibles	$0
All Other Assets	$0
Other Real Estate Owned	$0
Other borrowed funds	$21.00k
Federal Funds Sold & Reverse Repurchase Agreement	$0
Federal Funds Purchased and Repurchased Agreement	$0
All Other Liabilities	$5.50M
Total Liabilities and Capital	$490.95M

Securities	$155.95M
Available-for-sale debt securities	$152.15M
Equity securities with readily determinable fair values not held for trading	$0
Held-to-maturity securities	$3.80M
Subordinated Debt	$0
Trading Account Assets	$0
Trading Liabilities	$0

What are the total assets of Mechanics & Farmers Bank?

$490.95M as of the latest filing.

How much are Mechanics & Farmers Bank's total deposits?

$417.94M in total deposits.

Where is Mechanics & Farmers Bank located?

Durham, NC.

What is the Net Interest Margin?

4.28%.

How many domestic offices does it operate?

When was it established?

03/01/1908.

What is the Return on Assets (ROA)?

1.14%.

How much are total loans and leases?

$270.94M (latest filing).

What is the total interest income (latest filing)?

$6.37M.