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 Mechanics & Farmers Bank
Mechanics & Farmers Bank
| RSSD ID 332224 | CERTIFICATE 12266 | ABA NUMBER 53100452 |
| 116 W Parrish St |
Quarter Ended : |
2025-12-31 |
| Durham, North Carolina, 27701 |
Updated : |
2026-01-30 |
| 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 : |
79 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 479,538 |
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Total Interest Income | 25,400 |
| Total Liabilities | 411,352 |
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Total NonInterest Income | 3,060 |
| Total Bank Equity Capital | 68,186 |
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Total Interest Expense | 5,621 |
| Total Deposits | 405,479 |
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Total NonInterest Expense | 17,137 |
| Net Loans & Leases | 274,533 |
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Net Income | 3,550 |
| Loan Loss Allowance | 4,534 |
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Net Charge Offs | 504 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 76,825 |
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Total loans | 276,810 |
| Total assets for the leverage ratio | 493,082 |
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Loans secured by real estate: | 219,769 |
| Tier 1 Leverage Ratio | 14.83 |
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Commercial and industrial loans | 46,962 |
| Tier 1 Capital Ratio | 24.63 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 25.89 |
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Loans to individuals - Other | 8,551 |
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:· Mechanics & Farmers Bank
