Mechanics & Farmers Bank
Durham, NC
IDRSSD: 332224
Total Assets
$479.54M
Latest filing
Total Deposits
$405.48M
Latest filing
Net Interest Margin
4.39%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Mechanics & Farmers Bank
116 W Parrish St
Durham, NC 27701
Full Service - Brick and Mortar
Updated 01/30/2026Established 03/01/1908FDIC Certificate 7798
Branches (7)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Mechanics & Farmers Bank (Main) | 116 W Parrish St | Durham, NC |
| 100 SOUTH MURROW BOULEVARD BRANCH | 100 S Murrow Blvd | Greensboro, NC |
| CHARLOTTE BRANCH | 101 Beatties Ford Rd | Charlotte, NC |
| CHAPEL HILL BLVD BRANCH | 2705 Chapel Hill Blvd | Durham, NC |
| RALEIGH BRANCH | 13 E Hargett St | Raleigh, NC |
| ROCK QUARRY ROAD BRANCH | 1824 Rock Quarry Rd | Raleigh, NC |
| WINSTON-SALEM BRANCH | 770 M.L. King Blvd. | Winston Salem, NC |
| M&F BANK CORPORATE BRANCH | 2634 Chapel Hill Blvd | Durham, NC |
Showing 7 of 7
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| 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 | 81 |
| 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 | 01/30/2026 |
| CERT | 12266 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $479.54M |
| Total Deposits | $405.48M |
| Total Liabilities | $411.35M |
| Total Equity Capital | $68.19M |
| Net Income | $432.00k |
| Net Loans and Leases | $274.53M |
| Assets Per Employee ($Millions) | $6.07M |
| Bank Premises and Fixed Assets | $4.95M |
| Cash and Balances due from Depository Institutions | $16.21M |
| Deposits Held in Domestic Offices | $405.48M |
Key Performance Ratios
| Return on Assets (ROA) | 0.36% |
| Return on Equity (ROE) | 2.55% |
| Net Interest Margin | 4.39% |
| Efficiency Ratio | 79% |
| Tier 1 Risk-Based Capital Ratio | 24.634% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.52% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 14.219% |
| Earning Assets to total Assets | 94.36% |
Income and Expense
| Total Interest Income | $6.30M |
| Total Noninterest Income | $567.00k |
| Total Interest Expense | $1.28M |
| Total Noninterest Expense | $4.42M |
| Net Interest Income | $5.02M |
| Pre-tax Net Operating Income | $548.00k |
| Provision for Credit Losses | $626.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $18.00k |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.86M |
| Total Liabilities and Capital | $479.54M |
Securities
| Securities | $163.92M |
| Available-for-sale debt securities | $160.22M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $3.70M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Mechanics & Farmers Bank?
$479.54M as of the latest filing.
How much are Mechanics & Farmers Bank's total deposits?
$405.48M in total deposits.
Where is Mechanics & Farmers Bank located?
Durham, NC.
What is the Net Interest Margin?
4.39%.
How many domestic offices does it operate?
8.
When was it established?
03/01/1908.
What is the Return on Assets (ROA)?
0.36%.
How much are total loans and leases?
$274.53M (latest filing).
What is the total interest income (latest filing)?
$6.30M.