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Mechanics and Farmers Bank


Overview / Commentary
www.mfbonline.com
919-687-7803
2634 Durham Chapel Hill Boulevard
Durham, NC 27702

Mechanics and Farmers Bank (M&F Bank) is an independent bank committed to meeting the financial services needs of the communities they serve. Their motivated and dedicated employees will provide quality service to all customers, promoting personal and community development while continuing its tradition of serving those who historically have been underserved

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Health
A

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #12266
Year Established1908
Employees68
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD5.52%
Annual Interest Income$10.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$265.3MM$257.0MM
LoansQ4 2019vs Q4 2018$179.6MM$172.4MM
DepositsQ4 2019vs Q4 2018$238.3MM$233.2MM
Equity CapitalQ4 2019vs Q4 2018$21.7MM$19.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$2.0MM$2.1MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$952.00K$1.3MM
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Rates for Mechanics and Farmers Bank are currently being reviewed.

Locations


Mechanics and Farmers Bank Locations
100 South Murrow Boulevard Branch100 South Murrow BoulevardGreensboro, NC 27401
Charlotte Branch101 Beatties Ford RoadCharlotte, NC 28216
Mechanics & Farmers Bank116 West Parrish StreetDurham, NC 27701
Raleigh Branch13 East Hargett StreetRaleigh, NC 27601
Rock Quarry Road Branch1824 Rock Quarry RoadRaleigh, NC 27610
Chapel Hill Blvd Branch2705 Chapel Hill BlvdDurham, NC 27707
Winston-Salem Branch770 M.l. King Blvd.Winston Salem, NC 27101

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