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Banks · North Carolina

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 equity4.85%
Net interest margin (YTD)4.16%
Equity to assets14.24%
Tier 1 leverage ratio15.10%
Uninsured deposits (share of deposits)30.2%
Noncurrent loans (share of loans)2.39%
Net charge-offs (share of loans)0.75%
Loans to deposits67.7%
Real estate loans (share of loans)79.3%

Loan mix

CategoryAmountShare
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)

PeriodTotal assetsDepositsNet 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)

StateBranch depositsOffices
North Carolina$402.17M8

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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