Mechanics & Farmers Bank

Details Mechanics & Farmers Bank Mechanics & Farmers Bank

www.mfbonline.com

North Carolina

Durham

Durham

(NM) Commercial bank, state charter and Fed nonmember

active

12266

1908

FDIC Certificate Number: 12266
FDIC's unique number: 7798
The FDIC Field Office where an institution is physically located: Raleigh

Federal Reserve ID Number: 332224
Report Date: 2011-06-30

Bank Charter Class: NM

Number of Domestic Offices: 8
Number of Foreign Offices: 0
The date of the last data update: 2008-04-04

1908-03-01 Institution established. Original name: Mechanics & Farmers Bank.
2008-03-28 Acquired Mutual Community Savings Bank, SSB in Durham, North Carolina.

Total assets: $313,003,000
Total deposits: $271,940,000
Deposits held in domestic offices: $271,940,000
Equity capital: $34,416,000

Net income: $694,000

Return on Assets: 0.45
Return on Equity: 4.1
Last updated on: 2011-10-20

Bank Holding Company: M&F Bancorp, Inc.

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Profile ID: LFUS-BAB-P-7485