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 Mechanics & Farmers Bank
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Mechanics & Farmers Bank
| RSSD ID 332224 | CERTIFICATE 12266 | ABA NUMBER 53100452 |
| 116 W Parrish St |
Quarter Ended : |
2026-06-30 |
| Durham, North Carolina, 27701 |
Updated : |
2026-07-30 |
| www.mfbonline.com |
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| Institution Profile |
| Year Opened : |
1908 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
8 |
Number of Employees : |
80 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 475,992 |
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Total Interest Income | 11,890 |
| Total Liabilities | 408,188 |
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Total NonInterest Income | 1,346 |
| Total Bank Equity Capital | 67,804 |
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Total Interest Expense | 2,430 |
| Total Deposits | 402,168 |
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Total NonInterest Expense | 8,237 |
| Net Loans & Leases | 272,455 |
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Net Income | 1,646 |
| Loan Loss Allowance | 3,949 |
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Net Charge Offs | 1,037 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 77,498 |
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Total loans | 273,946 |
| Total assets for the leverage ratio | 488,398 |
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Loans secured by real estate: | 217,498 |
| Tier 1 Leverage Ratio | 15.1 |
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Commercial and industrial loans | 46,696 |
| Tier 1 Capital Ratio | 24.72 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 25.97 |
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Loans to individuals - Other | 8,247 |
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:· Mechanics & Farmers Bank
