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Mechanics & Farmers Bank
Durham, NC · FDIC Certificate #12266 · Chartered 03/0
Total assets
$475.99M
Total deposits
$402.17M
Total equity
$67.80M
Net loans
$272.45M
Branches (offices)
8
Net income (YTD)
$1.65M
Rank: #1,846 of 4,213 U.S. banks by assets · #23 of 38 in North Carolina. Assets changed -3.5% and deposits -4.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.68% |
| Return on equity | 4.85% |
| Net interest margin (YTD) | 4.16% |
| Equity to assets | 14.24% |
| Tier 1 leverage ratio | 15.10% |
| Uninsured deposits (share of deposits) | 30.2% |
| Noncurrent loans (share of loans) | 2.39% |
| Net charge-offs (share of loans) | 0.75% |
| Loans to deposits | 67.7% |
| Real estate loans (share of loans) | 79.3% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $216.13M | 79.3% | |
| Commercial & industrial | $50.47M | 18.5% | |
| Consumer / individual | $8.06M | 3.0% | |
| Construction & development | $7.40M | 2.7% | |
| Agricultural | $1.47M | 0.5% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $451.39M | $394.04M | $1.90M | $52.76M |
| Jun 2023 | $419.51M | $358.38M | $2.83M | $55.84M |
| Jun 2024 | $450.61M | $384.12M | $1.77M | $60.25M |
| Jun 2025 | $493.26M | $421.19M | $1.72M | $65.73M |
| Jun 2026 | $475.99M | $402.17M | $1.65M | $67.80M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| North Carolina | $402.17M | 8 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $402.17M.
Similar-sized banks
Ameristate Bank ($477.72M) · Blc Community Bank ($475.45M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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