Mechanics & Farmers Bank
Durham, NC · Owner: M & F Bcorp Inc
$476M
total assets, June 30, 2026
$476M
total assets, June 30, 2026
Mechanics & Farmers Bank is a state nonmember bank based in Durham, NC, owned by M & F Bcorp Inc. As of June 30, 2026 it held $476.0 million in assets and $402.2 million in deposits; assets were down 3.5% from a year before. It has 8 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$476M
-3.5% in a year · -2.7% in a quarter
Deposits
$402M
-4.5% in a year · -2.9% in a quarter
Loans
$276M
-2.3% in a year · +1.1% in a quarter
Profit so far
$1.6M
Jan 1 to Jun 30, 2026 · -4.1% in a year
Capital ratio
15.10%
+0.76 pts in a year
Return on assets
0.68%
-0.01 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 116 W Parrish St, Durham, NC, 27701
- County
- Durham
- Holding company
- M & F Bcorp Inc
- Established
- Mar 1, 1908
- Employees
- 80
- Branches
- 8
- Website
- www.mfbonline.com
- Id
- b12266
Quarter by quarter
March 31, 1984 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
8 offices as of June 30, 2026, holding $402.2 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| North Carolina | 8 | $402M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Chapel Hill Blvd Branch | Durham, NC | $221M |
| Mechanics & Farmers Bank (main office) | Durham, NC | $53.5M |
| Raleigh Branch | Raleigh, NC | $33.2M |
| Charlotte Branch | Charlotte, NC | $29.9M |
| 100 South Murrow Boulevard Branch | Greensboro, NC | $28.1M |
| Winston-Salem Branch | Winston Salem, NC | $21.1M |
| Rock Quarry Road Branch | Raleigh, NC | $15.7M |
| M&F Bank Corporate Branch | Durham, NC | $0 |
Related pages
Questions and answers
How big is Mechanics & Farmers Bank?
$476.0 million in total assets and $402.2 million in deposits as of June 30, 2026, with assets down 3.5% from a year before. Its loans were $276.4 million.
How many branches does Mechanics & Farmers Bank have?
8 branches in North Carolina as of June 30, 2026.
Is Mechanics & Farmers Bank profitable?
Yes: it earned $1.65 million from January 1 to June 30, 2026 (down 4.1% from the same months a year before). Its return on assets was 0.68% a year; about 1% is typical.
Who owns Mechanics & Farmers Bank?
Mechanics & Farmers Bank is owned by M & F Bcorp Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.