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Market Activity
Stock
MFBP
Company Profile

MFBP
M&F Bancorp, Inc.

Common Stock

19.77

0.00

0.00%

19.55 / 19.77 (1 x 1)

Real-Time Best Bid & Ask: 12:16pm 07/16/2025

Delayed (15 Min) Trade Data: 12:00am 07/15/2025

M&F Bancorp, Inc.

2634 Durham-Chapel Hill Boulevard

Ste 101

Durham, NC 27707

www.mfbonline.com

+1 9196877800

info@mfbonline.com

Business Description

M&F Bancorp, Inc., a bank holding company headquartered in Durham, NC, and is the parent company of M&F Bank. M&F Bank is a state-chartered commercial bank founded in 1907 and has operated continuously since 1908. Branches are located in Durham, Raleigh, Charlotte, Greensboro and Winston-Salem, NC. M&F Bank is one of only a few NC banks designated by the U.S. Treasury as a Community Development Financial Institution.

Corporate Structure

Network Error

Financial Reporting

Reporting Status

U.S. Reporting: Bank/Thrift

Audited Financials

Audited

Latest Report

03/31/2025 Quarterly Report

CIK

0001094738

Fiscal Year End

12/31

Company Officers & Contacts

James H. Sills III

CEO, President

Randall C. Hall

CFO, EVP

Kathy E. Fox

Senior VP, Controller

Accounts Payable

Accountant

Valerie M. Quiett

Compliance Officer, Corporate Secretary, Chief Legal Officer, Senior VP

Board of Directors

James A. Stewart

Chairman, Independent Director, Compensation Committee Member, Nominating Committee Member

Allen M. Chan

Independent Director, Nominating Committee Member

James H. Sills III

CEO, President

Willie T. Closs, Jr.

Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Michael L. Lawrence

Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Connie J. White

Compensation Committee Member, Nominating Committee Member

Other Company Insiders

None

Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.

Service Providers

Accounting/Auditing Firm

Elliott Davis

5410 Trinity Road

Suite 320

Raleigh, NC 27607

Securities Counsel

Brooks Pierce McClendon Humphrey & Leonard LLP

2000 Renaissance Plaza

230 North Elm Street

Greensboro, NC 27401

Profile Data

SIC - Industry Classification

6022 - State commercial banks

Incorporation Information

NC, US, 1907

Employees

78 as of 12/31/2022

Shell

Bank / Thrift

Yes

Products and Services

The Company offers a wide variety of consumer and commercial banking services and products.

Company Facilities

Address Services Owned Leased 2634 Durham-Chapel Hill Blvd Corporate Offices x Durham, NC 27707 116 West Parrish Street Branch/ATM x Durham, NC 2705 Durham-Chapel Hill Blvd Branch/ATM x Durham, NC 13 East Hargett Street Branch/ATM x Raleigh, NC 1824 Rock Quarry Road Branch/ATM x * Raleigh, NC 101 Beatties Ford Road Branch x Charlotte, NC 770 Martin Luther King Drive Branch/ATM x Winston-Salem, NC 100 South Murrow Blvd Branch/ATM x Greensboro, NC * denotes a small section of land is leased

Company Notes

Formerly=Mechanics & Farmers Bank (Durham, NC) until 9-99. Mechanics & Farmers Bank reorganized as holding company structure with Bank a wholly-owned subsidiary of MF Bancorp, Inc.