Mechanics and Farmers Bank
Overview / Commentary
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
Health
A
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12266 |
| Year Established | 1908 |
| Employees | 67 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.23% |
| Return on Equity - YTD | 3.17% |
| Annual Interest Income | $9.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $257.0MM$254.8MM |
| Loans | Q4 2018vs Q4 2017 | $172.4MM$151.7MM |
| Deposits | Q4 2018vs Q4 2017 | $233.2MM$230.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $19.5MM$19.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $2.1MM$1.9MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $1.3MM$2.5MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$104.00K |
Rates
Rates for Mechanics and Farmers Bank are currently being reviewed.
Locations
| Mechanics and Farmers Bank Locations | ||
|---|---|---|
| 100 South Murrow Boulevard Branch | 100 South Murrow Boulevard | Greensboro, NC 27401 |
| Charlotte Branch | 101 Beatties Ford Road | Charlotte, NC 28208 |
| Mechanics & Farmers Bank | 116 West Parrish Street | Durham, NC 27702 |
| Raleigh Branch | 13 East Hargett Street | Raleigh, NC 27601 |
| Rock Quarry Road Branch | 1824 Rock Quarry Road | Raleigh, NC 27610 |
| Chapel Hill Blvd Branch | 2705 Chapel Hill Blvd | Durham, NC 27707 |
| Winston-Salem Branch | 770 M.l. King Blvd. | Winston Salem, NC 27101 |