|
 |
 |
|
Mechanics Bank
|
Mechanics Bank
| RSSD ID 943675 | CERTIFICATE 29011 | ABA NUMBER 241271371 |
| 2 S Main St |
Quarter Ended : |
2026-03-31 |
| Mansfield, Ohio, 44902 |
Updated : |
2026-04-29 |
| www.mymechanics.com |
|
| Institution Profile |
| Year Opened : |
1886 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
|
| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
10 |
Number of Employees : |
139 |
|
|
|
|
|
|
| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
|
Income Statement (USD, in thousands, ytd) |
| Total Assets | 885,494 |
|
Total Interest Income | 9,428 |
| Total Liabilities | 815,484 |
|
Total NonInterest Income | 1,772 |
| Total Bank Equity Capital | 70,010 |
|
Total Interest Expense | 2,595 |
| Total Deposits | 769,876 |
|
Total NonInterest Expense | 6,632 |
| Net Loans & Leases | 717,467 |
|
Net Income | 1,403 |
| Loan Loss Allowance | 7,175 |
|
Net Charge Offs | 0 |
|
|
|
| Regulatory Capital |
|
Quarterly Averages (USD, in thousands) |
| Total capital | 80,945 |
|
Total loans | 716,277 |
| Total assets for the leverage ratio | 872,578 |
|
Loans secured by real estate: | 693,221 |
| Tier 1 Leverage Ratio | 8.56 |
|
Commercial and industrial loans | 12,770 |
| Tier 1 Capital Ratio | 15.01 |
|
Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 16.27 |
|
Loans to individuals - Other | 5,328 |
|
|
|
|