Vitals
  • Total Assets
    229.8M 6.5 %
  • Total Deposits
    203.3M 6.2 %
  • Total Net Loans
    143.6M 7.2 %
  • Net Income
    1.5M 20.5 %
  • Book Value
    22.6M 2.0 %
  • Book Value x2
    45.2M 2.0 %
  • Book Value x3
    67.9M 2.0 %
ROAA

.683

ROAE

6.573

Efficiency Ratio

74.159

Net Interest Margin

3.961

Balance Sheet Highlights
Financial Highlights Mechanics Bank All Insured Commercial Banks in Mississippi
Balance Sheet $(000)
Total Assets 229,794 525,484
Total Net Loans 143,585 348,104
Total Deposits 203,265 440,088
Total Equity 22,622 60,485
Profitability
Net Income 1,503 5,177
Return on Average Assets .683 .911
Return on Average Equity 6.573 8.357
Net Interest Margin 3.961 3.971
Efficiency Ratio 74.159 70.327
Noninterest Income/Revenue 16.662 22.171
Balance Sheet Ratios
Loan-to-Deposit 70.639 71.665
Securities/Assets .207 .197
Total Equity/Total Assets .098 .115
Tangible Equity/Tangible Assets .096 .102
Capital Adequacy
Tier 1 Common Capital 17,539 52,498
Tier 1 Capital 22,489 52,598
Tier 2 Capital 1,918 3,510
Total Capital 24,407 56,103
Total Risk Weighted Assets 153,210 380,206
Leverage Ratio 10.16 10.71
Common Equity Tier 1 Capital Ratio 11.45 16.284
Tier 1 Capital Ratio 14.68 16.342
Total Capital Ratio 15.93 17.377

Timeline for Mechanics Bank

Oxford Insurance Agency, Inc.

Oxford Insurance Agency, Inc. became a new subsidiary organization for Mechanics Bank.

View Profile Nov 01 2016

Mechanics Insurance Agency, Inc.

Mechanics Insurance Agency, Inc. became a new subsidiary organization for Mechanics Bank.

View Profile Oct 15 2007

Mechanics Banc Holding Company

Mechanics Banc Holding Company became a new parent organization for Mechanics Bank.

View Profile Apr 10 2003

Mechanics Bank

Mechanics Bank was established 132 years ago and is currently headquartered in Water Valley, MS.

Jan 01 1892
Relationships Role Relationship Start Relationship End
Mechanics Banc Holding Company Parent 4/10/2003
Mechanics Insurance Agency, Inc. Subsidary 10/15/2007
Oxford Insurance Agency, Inc. Subsidary 11/1/2016
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