Mechanics Bank

Walnut Creek, CA
IDRSSD: 936462
Total Assets
$22.37B
Latest filing
Total Deposits
$19.04B
Latest filing
Net Interest Margin
3.64%
Profitability

Key People

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Locations

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Main Office
Mechanics Bank
1111 Civic Dr
Walnut Creek, CA 94596
Limited Service - Administrative
Updated 01/30/2026Established 01/01/1905FDIC Certificate 1171

Branches (172)

Page 1 of 25
NameAddressCity / State
Mechanics Bank (Main)1111 Civic DrWalnut Creek, CA
SOLVANG BRANCH1571 Mission DrSolvang, CA
GRAND AVENUE BRANCH1026 E Grand AveArroyo Grande, CA
OJAI VALLEY BANK BRANCH1207 Maricopa HwyOjai, CA
REEDLEY BRANCH1003 I StReedley, CA
SANTA BARBARA BRANCH3757 State StSanta Barbara, CA
SALINAS BRANCH307 Main StSalinas, CA
BLYTHE BRANCH149 E HobsonwayBlythe, CA
Showing 7 of 172

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date01/01/1905
Community BankNo
Ownership TypeNot Mutual
ZIP94596
State and County Number06013
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number12
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictSan Francisco
Core Based Statistical Area NameSan Francisco-Oakland-Berkeley, CA

Operational Info

Number of Employees2,032
Domestic Offices173
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date09/02/2025
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.mechanicsbank.com
Data Updated01/30/2026
CERT1768
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$22.37B
Total Deposits$19.04B
Total Liabilities$19.31B
Total Equity Capital$3.06B
Net Income$129.60M
Net Loans and Leases$14.03B
Assets Per Employee ($Millions)$11.66M
Bank Premises and Fixed Assets$225.97M
Cash and Balances due from Depository Institutions$1.03B
Deposits Held in Domestic Offices$19.04B

Key Performance Ratios

Return on Assets (ROA)2.3%
Return on Equity (ROE)17.18%
Net Interest Margin3.64%
Efficiency Ratio45.73%
Tier 1 Risk-Based Capital Ratio15.594%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.42%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets13.692%
Earning Assets to total Assets90.63%

Income and Expense

Total Interest Income$255.11M
Total Noninterest Income$77.95M
Total Interest Expense$68.97M
Total Noninterest Expense$128.25M
Net Interest Income$186.15M
Pre-tax Net Operating Income$159.32M
Provision for Credit Losses$-23,477,000
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$4.99M
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$255.96M
Total Liabilities and Capital$22.37B

Securities

Securities$5.35B
Available-for-sale debt securities$4.00B
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$1.34B
Subordinated Debt$0
Trading Account Assets$53.49M
Trading Liabilities$14.07M

Frequently Asked Questions

What are the total assets of Mechanics Bank?
$22.37B as of the latest filing.
How much are Mechanics Bank's total deposits?
$19.04B in total deposits.
Where is Mechanics Bank located?
Walnut Creek, CA.
What is the Net Interest Margin?
3.64%.
How many domestic offices does it operate?
173.
When was it established?
01/01/1905.
What is the Return on Assets (ROA)?
2.3%.
How much are total loans and leases?
$14.03B (latest filing).
What is the total interest income (latest filing)?
$255.11M.