TellerScore

Mechanics & Farmers Bank is a state-chartered bank headquartered in Durham, North Carolina, in business for about 118 years. At the end of Q2 2026 it reported $476.0M in total assets and $402.2M in deposits, with 8 offices.

Mechanics & Farmers Bank has a TellerScore of 64 out of 100 (moderate) based on Q2 2026 data — higher than only 26% of its 2,650 banks with $100 million – $1 billion. Among 38 banks headquartered in North Carolina, it ranks 28th. Capital cushion contributes the most (100/100, 15.10%); loan quality contributes the least (20/100, 2.39%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 15.10%
Loan quality20/100
Noncurrent loans ÷ total loans: 2.39%
Earnings47/100
Return on assets (annualized): 0.68%
Funding & liquidity76/100
Loans ÷ deposits and uninsured-deposit share: 67.7% · 30.2% uninsured
Problem-loan coverage82/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 9.22%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 15 points (79 → 64), mostly because the loan quality component weakened by 62 points.

TellerScore
647382Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202482
Q3 202479
Q4 202478
Q1 202578
Q2 202579
Q3 202575
Q4 202571
Q1 202664
Q2 202664
Tier 1 leverage ratio
5.00%10.08%15.16%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202415.16%
Q3 202414.72%
Q4 202414.09%
Q1 202514.11%
Q2 202514.35%
Q3 202514.60%
Q4 202514.83%
Q1 202614.87%
Q2 202615.10%
Noncurrent loans
0.40%1.40%2.39%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.40%
Q3 20240.72%
Q4 20240.74%
Q1 20250.57%
Q2 20250.54%
Q3 20251.27%
Q4 20251.56%
Q1 20262.34%
Q2 20262.39%
Return on assets
0.66%0.77%0.89%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.81%
Q3 20240.88%
Q4 20240.89%
Q1 20250.71%
Q2 20250.69%
Q3 20250.84%
Q4 20250.72%
Q1 20260.66%
Q2 20260.68%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202664$476.0M15.10%2.39%0.68%67.7%
Q1 202664$489.0M14.87%2.34%0.66%65.1%
Q4 202571$479.5M14.83%1.56%0.72%67.7%
Q3 202575$491.0M14.60%1.27%0.84%64.8%
Q2 202579$493.3M14.35%0.54%0.69%66.2%
Q1 202578$499.1M14.11%0.57%0.71%66.0%
Q4 202478$498.1M14.09%0.74%0.89%65.1%
Q3 202479$482.5M14.72%0.72%0.88%67.9%
Q2 202482$450.6M15.16%0.40%0.81%71.0%

2,650 peers · $100 million – $1 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio15.10%
87th
Total risk-based capital25.97%
94th
Problem loans2.39%
9th
Net charge-offs0.75%
3rd
Return on assets0.68%
18th
Net interest margin4.16%
63rd
Efficiency ratio76.2%
18th
Loans to deposits67.7%
73rd
Uninsured deposits30.2%
27th
Loan-loss reserves1.43%
74th
Texas ratio9.2%
20th

Similar-size banks in North Carolina

InstitutionScoreAssetsCapitalProblem loansCompare
First Federal Savings Bank of LincolntonBank Lincolnton, NC79 out of 100, Strong$485.8M17.6%0.46%vs
LifeStore BankBank West Jefferson, NC71 out of 100, Strong$491.3M11.9%1.11%vs
Triad Business BankBank Greensboro, NC52 out of 100, Below average$536.0M10.9%1.38%vs
Lumbee Guaranty BankBank Pembroke, NC74 out of 100, Strong$583.5M10.7%0.37%vs
Roxboro Savings Bank, SSBBank Roxboro, NC90 out of 100, Very strong$360.7M19.0%0.13%vs
BlueHarbor BankBank Mooresville, NC82 out of 100, Strong$628.4M11.8%0.00%vs

Deposit insurance

Is my money safe at Mechanics & Farmers Bank?

Yes. Mechanics & Farmers Bank is an FDIC-insured institution (FDIC certificate #12266). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 30.2% of deposits ($121.6M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 15.10%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 25.97% (benchmark: 10%).

Check how much of your own balance is covered

8 locations

Branches

Mechanics & Farmers Bank lists 7 offices in 5 cities. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Mechanics & Farmers Bank
Type
State-chartered bank
FDIC certificate #
12266
RSSD ID
332224
Primary regulator
FDIC
Holding company
M&f Bcorp Inc
Established
March 1, 1908
Headquarters
116 W Parrish St, Durham, NC 27701
Employees
80

Quick answers

Mechanics & Farmers Bank: common questions

Is Mechanics & Farmers Bank FDIC insured?

Yes. Mechanics & Farmers Bank is an FDIC-insured institution (FDIC certificate #12266). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Mechanics & Farmers Bank's TellerScore?

64 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Mechanics & Farmers Bank ever failed?

There is no failure record for FDIC certificate #12266 in the FDIC failed bank list.

How many branches does Mechanics & Farmers Bank have?

8 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Durham

InstitutionScoreAssetsCapitalProblem loansCompare
Mount Vernon Baptist Church Credit UnionCredit union Durham, NC100 out of 100, Very strong$153K37.7%0.00%vs
FSNB, National AssociationBank Lawton, OK96 out of 100, Very strong$478.3M17.5%0.36%vs
Vision Financial Federal Credit UnionCredit union Durham, NC94 out of 100, Very strong$59.5M16.8%0.00%vs
Farmers & Merchants BankBank Granite Quarry, NC90 out of 100, Very strong$998.8M15.3%0.79%vs
Summit Credit UnionCredit union Greensboro, NC82 out of 100, Strong$368.8M15.4%0.71%vs
Providence BankBank Rocky Mount, NC82 out of 100, Strong$1.5B12.2%0.12%vs