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Last Updated: Sunday, March 30, 2014 10:41:01 PM
M&F Bancorp, Inc. MFBP Current Price and Quotes
Last Price 3.70
Previous Close 3.70 Open N/A
Daily Range N/A - N/A 52wk Range 4.00 - 2.40
Volume 0 Dividend 0.125
Average Vol (3m) 903 Yield 3.3784
M&F Bancorp, Inc. MFBP
Company Information
2634 Durham Chapel Hill Blvd
Durham, NC 27707-2800
Website: http://www.mfbonline.com
Phone: (919) 687-7800
M&F Bancorp, Inc. MFBP
Community Bank
M&F Bancorp, Inc. MFBP
Financial Reportings and Disclosures
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report Dec 31, 2013 10-K
CIK 0001094738
Fiscal Year End 12/31
OTC Marketplace OTCQB
Profile Data
SIC - Industry Classification 6022 - State commercial banks
Incorporated In: NC, USA
Year of Inc. 1907
Employees 81 a/o Dec 17, 2012
Company Officers/Contacts
Kim D. Saunders President, CEO
Randall Hall CFO
Company Directors
James Stewart Chairman
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.
Service Providers
Auditor/Accountant
Elliott Davis, LLC
3900 Westerre Parkway
Suite 102
Richmond, VA, 23233
United States
Legal Counsel
Brooks Pierce McClendon Humphrey & Leonard LLP
2000 Renaissance Plaza
Greensboro, NC, 27401
United States
Investor Relations Firm
Not Available
M&F Bancorp, Inc. MFBP
MFBP Security Details
Share Structure
Market Value1 $7,515,947 a/o Mar 28, 2014
Shares Outstanding 2,031,337 a/o Aug 13, 2013
Float Not Available
Authorized Shares 10,000,000 a/o Dec 17, 2012
Par Value No Par Value
Shareholders
Shareholders of Record 990 a/o Mar 22, 2010
Corporate Actions
Ex. Date Record Date Pay Date
Dividend (0.125) Dec 26, 2013 Dec 30, 2013 Dec 31, 2013
Dividend (0.125) Dec 19, 2012 Dec 21, 2012 Dec 28, 2012
Dividend (0.125) Dec 19, 2011 Dec 20, 2011 Dec 28, 2011
Security Notes
Capital Change=shs increased by 3 for 2 split. Ex-date=01/20/2000. Rec date=12/31/1999. Pay date=01/19/2000.
Capital Change=shs increased by 2 for 1 split. Ex-date=01/10/2005. Rec date=12/20/2004. Pay date=01/10/2005.
Short Selling Data
Short Interest 0 (-100%)
Jan 15, 2014
Significant Failures to Deliver No
Transfer Agent(s)
American Stock Transfer & Trust Company
M&F Bancorp, Inc. MFBP Financials
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 13,308 13,884 15,831 15,426
Cost of Revenue 760 907 1,430 2,059
Gross Profit - - - -
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 11,698 12,239 12,677 11,844
Non-Recurring Items - - - -
Other 329 166 903 520
Operating Income - - - -
Income From Continuing Operations
Add'l Income/Expense Items - - - -
Earnings Before Interest and Tax 521 572 821 1,003
Interest Expense 7 115 74 100
Earnings Before Tax 514 457 747 903
Income Tax 151 116 141 89
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 363 341 606 814
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 363 341 606 814
Preferred Stock and Other Adjustments (237) (237) (236) (475)
Net Income Applicable to Common Shareholders 126 104 370 339
M&F Bancorp, Inc. MFBP Recent News
MFBP M&F Bancorp, Inc. Research DD Guide
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