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Mechanics Bank
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Mechanics Bank
| RSSD ID 943675 | CERTIFICATE 29011 | ABA NUMBER 241271371 |
| 2 S Main St |
Quarter Ended : |
2026-06-30 |
| Mansfield, Ohio, 44902 |
Updated : |
2026-07-29 |
| www.mymechanics.com |
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| 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 |
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| Specialization : |
Mortgage Lending Specialization |
| Number of Offices : |
10 |
Number of Employees : |
149 |
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| Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
| Total Assets | 896,438 |
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Total Interest Income | 19,216 |
| Total Liabilities | 826,361 |
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Total NonInterest Income | 3,672 |
| Total Bank Equity Capital | 70,077 |
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Total Interest Expense | 5,146 |
| Total Deposits | 790,240 |
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Total NonInterest Expense | 13,366 |
| Net Loans & Leases | 733,751 |
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Net Income | 3,183 |
| Loan Loss Allowance | 7,415 |
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Net Charge Offs | 2 |
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| Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
| Total capital | 81,230 |
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Total loans | 730,775 |
| Total assets for the leverage ratio | 886,216 |
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Loans secured by real estate: | 705,240 |
| Tier 1 Leverage Ratio | 8.44 |
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Commercial and industrial loans | 13,671 |
| Tier 1 Capital Ratio | 14.65 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 15.9 |
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Loans to individuals - Other | 5,143 |
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