Mechanics Bank
Mansfield, OH
IDRSSD: 943675
Total Assets
$846.67M
Latest filing
Total Deposits
$756.38M
Latest filing
Net Interest Margin
3.30%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Mechanics Bank
2 S Main St
Mansfield, OH 44902
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1886FDIC Certificate 41845
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Mechanics Bank (Main) | 2 S Main St | Mansfield, OH |
| 971 LEXINGTON AVENUE BRANCH | 971 Lexington Ave | Mansfield, OH |
| 972 ASHLAND ROAD BRANCH | 972 Ashland Rd | Mansfield, OH |
| 2103 PARK AVENUE WEST BRANCH | 2103 Park Ave W | Ontario, OH |
| LEXINGTON BRANCH | 256 E Main St | Lexington, OH |
| TRIMBLE ROAD BRANCH | 490 N Trimble Rd | Mansfield, OH |
| SHELBY OH BRANCH | 140 Mansfield Ave | Shelby, OH |
| BELLVILLE OH BRANCH | 65 Main St | Bellville, OH |
Showing 7 of 8
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 01/01/1886 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 44902 |
| State and County Number | 39139 |
| Subchapter S Corporations | No |
| Trust Powers | Full Trust Powers Granted |
| Federal Reserve ID Number | 04 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Mansfield, OH |
Operational Info
| Number of Employees | 146 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.mymechanics.com |
| Data Updated | 11/14/2025 |
| CERT | 29011 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $846.67M |
| Total Deposits | $756.38M |
| Total Liabilities | $779.75M |
| Total Equity Capital | $66.92M |
| Net Income | $1.35M |
| Net Loans and Leases | $685.82M |
| Assets Per Employee ($Millions) | $6.18M |
| Bank Premises and Fixed Assets | $20.05M |
| Cash and Balances due from Depository Institutions | $34.13M |
| Deposits Held in Domestic Offices | $756.38M |
Key Performance Ratios
| Return on Assets (ROA) | 0.65% |
| Return on Equity (ROE) | 8.16% |
| Net Interest Margin | 3.3% |
| Efficiency Ratio | 78.47% |
| Tier 1 Risk-Based Capital Ratio | 15.172% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.03% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 7.903% |
| Earning Assets to total Assets | 94.08% |
Income and Expense
| Total Interest Income | $8.99M |
| Total Noninterest Income | $1.69M |
| Total Interest Expense | $2.51M |
| Total Noninterest Expense | $6.41M |
| Net Interest Income | $6.48M |
| Pre-tax Net Operating Income | $1.69M |
| Provision for Credit Losses | $67.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $18.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $350.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $5.37M |
| Total Liabilities and Capital | $846.67M |
Securities
| Securities | $85.95M |
| Available-for-sale debt securities | $76.16M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $9.63M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Mechanics Bank?
$846.67M as of the latest filing.
How much are Mechanics Bank's total deposits?
$756.38M in total deposits.
Where is Mechanics Bank located?
Mansfield, OH.
What is the Net Interest Margin?
3.30%.
How many domestic offices does it operate?
9.
When was it established?
01/01/1886.
What is the Return on Assets (ROA)?
0.65%.
How much are total loans and leases?
$685.82M (latest filing).
What is the total interest income (latest filing)?
$8.99M.