Skip to main content

Is Mechanics&Farmers Bank Safe?

Mechanics&Farmers Bank has a Bank Health Score of 94/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (61/100).

Key Data

MetricValueScore
Tier 1 Capital Ratio24.56%100/100
Nonperforming Loan Ratio0.40%92/100
Liquidity Ratio34.41%100/100
Return on Assets1.03%61/100
Total Assets$0.5B

How does Mechanics&Farmers Bank compare?

With a Bank Health Score of 94/100, Mechanics&Farmers Bank sits 24.0 points above the national average of 70/100 for FDIC-insured banks. Within North Carolina, where 36 FDIC-insured banks are headquartered, Mechanics&Farmers Bank ranks above the state average of 73/100 (Grade B).

The bank's Tier 1 capital ratio of 24.56% is the federal regulator's headline measure of bank capital strength — it sits comfortably above the 8% "well-capitalized" threshold.Its nonperforming loan ratio of 0.40% is healthy — most loans are current.

What changed in the last year?

Over the last four quarters, Mechanics&Farmers Bank's Bank Health Score fell by 3.0 points to 94/100. Tier 1 capital weakened by 0.56 percentage points to 24.56%.

Mechanics&Farmers Bank has a Bank Health Score of 94/100 (A), based on FDIC call report data. Its strongest factor is Tier 1 capital (100/100), while profitability is its weakest area (61/100).