Mechanics & Farmers Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Durham, North Carolina, established in 03/01/1908. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 8 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Mechanics & Farmers Bank reported total assets of $429,605 and manages deposits totaling $362,983 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $928 thousands last year. For more details, visit their website at www.mfbonline.com.
Bank Information:
- Bank Name: Mechanics & Farmers Bank
- Address: 116 W Parrish St, Durham, Durham, NC, 27701
- Website: www.mfbonline.com
Classification and Operations:
- State: North Carolina
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 8
- Number of Foreign Offices: 0
- Total Assets: $429,605
- Total Deposits: $362,983
- Domestic Office Deposits: $362,983
Financial Data:
- Net Income (Attributable to Bank): $928
Establishment and Record:
- Established Date: 03/01/1908
- Last Recorded Data on: 04/12/2024