# MECHANICS BANK
MANSFIELD, OH · FDIC certificate 29011 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $896.4M | |
| Deposits | $790.2M | |
| Loans and leases | $741.2M | |
| Total equity | $70.1M | |
| Loans / deposits | 92.85% (p77 of band) | 82.04% |
| Liquid assets / assets | 13.30% (p12 of band) | |
| Uninsured deposits / deposits | 6.91% (p2 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 3.46% (p50 of band) | |
| FHLB advances / assets | 3.46% | |
| Tier 1 leverage | 8.44% (p5 of band) | 10.81% |
| Unrealized securities loss / equity | -10.65% (p41 of band) | -8.10% |
| AOCI / equity | -0.02% (p73 of band) | |
| ROA (annualized) | 0.72% (p18 of band) | 1.28% |
| Net interest margin | 3.38% (p23 of band) | 3.91% |
| Efficiency ratio | 75.34% (p83 of band) | |
| Noncurrent loans | 0.42% (p49 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p36 of band) | |
| Reserve coverage of noncurrent | 238.73% | |
| Real estate % of loans | 97% | |
| Construction % of loans | 14.90% (p19 of band) | |
| Auto loans | $3.3M (0.45% of loans; DQ 1.08%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 5.2% | |
| Employees | 149 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 | capital falling | reserve under noncurrent |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 1 | uninsured deposits leaving |  |
| 2013-03 | 1 | capital falling | uninsured deposits leaving |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 0 |  | capital falling |
| 2014-06 | 0 |  |  |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 1 | capital falling |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 0 |  | capital falling |
| 2015-12 | 0 |  |  |
| 2016-03 | 1 | capital falling |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | reserve under noncurrent |  |
| 2017-06 | 1 |  | reserve under noncurrent |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | capital falling |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | capital falling |  |
| 2019-03 | 0 |  | capital falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | capital falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | capital falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | capital falling |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 0 |  | capital falling |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 2 | AOCI drag >20% of equity, securities losses >30% of equity |  |
| 2022-12 | 1 |  | AOCI drag >20% of equity |
| 2023-03 | 1 | uninsured deposits leaving | securities losses >30% of equity |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 | securities losses >30% of equity | uninsured deposits leaving |
| 2023-12 | 1 | capital falling | securities losses >30% of equity |
| 2024-03 | 1 |  |  |
| 2024-06 | 0 |  | capital falling |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | uninsured deposits leaving |  |
| 2025-06 | 0 |  | uninsured deposits leaving |
| 2025-09 | 1 | capital falling |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-03 [Mechanics Bank announces three promotions - Richland Source](https://news.google.com/rss/articles/CBMijwFBVV95cUxPeU1mVmV3RXRUdGFCamlvaHpYUlk4ajFsQTZENTJLeW5SeWNRT3d4T3h2a3BDSW9USUFXMk5WZWFyZnBPOVRZdk1hRllLWGJjUkFQbWo0NlQtLVZZZDV6RXlrX1hKTHJ6ZHRHUG11VzVkWGM0RmRBTWJtdHRMOWk3UDFaMXlyZUNzZjJqMy1iRQ?oc=5) · Richland Source
- 2026-09-01 [RE/MAX Showcase, Mechanics Bank and Nova Title Agency Join Forces to “Feed the First Responders” - ashlandcountypictures.com](https://news.google.com/rss/articles/CBMixwFBVV95cUxQblljZlB1UEtpeWhobXJHckJnQ1ZVOGdJeTVDRlNNZEFJS1hXX1BnV1pSeU5hVDl3NDloX2k2TEdFZkxwRnVPcnBYX1BSb2NfaWJERnBIRzJ2eTIydXVweVB4bjNtMFVlNkhyMlVMTUJicW1rbi1mZElDTGN3ampWY0kwUEI5T0dyX1c4aEpFWVFlYU1lY0RxOEpLUnZqMU1BY0ZaLWN6MEh5S0RWaGs0VEVCWFdHSG4zT1FJam9LdjAtcnBVM0Y4?oc=5) · ashlandcountypictures.com
- 2026-05-01 [Mechanics Bank exec eyes its next move - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNYTJLSzhQeWd2RUoxWFROVlZVMHIyeVp6RlEzNjRBUWxsLTQ2LVlEeENXWnVMSUlxcWtuOW02ZWpxUGhLb1RxZGoxd2VXNG5NOW1GMVI4eVNVUlZMazNrVUphS2kyNUQ2T19ZTmVFSV9qS2ZSbHN4eXczeVA1d3hnOXlvbnFJSzNQMlM1Y2Jpeldrd3ZTWlNFcGNfUy1mZUdZVTA3aGQ3bzc?oc=5) · The Business Journals
- 2026-08-25 [The best regional banks in the Bay Area - SFGATE](https://news.google.com/rss/articles/CBMibkFVX3lxTFA1RVVHLTlZWUdkWnFEMHVMYWFvRmxTT1o0Um5taWN2NjgyQUllUld2bGxCTGFIN3l4THlxR0ZPZkh3V2ZpWXF6b0NjdnZyeE5qeGVXSlRCSGNNWGFnUEhnV0pwZFRmOFBpNl9OS3F3?oc=5) · SFGATE
- 2026-01-09 [Mechanics Bank cuts ribbon on first Ashland location - ashlandsource.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxOMU9PaDhaTmZ1R1VtV3kzY0xzMXZwMlBYQzJTYXFjTm5SeFBmVHhTamF4ODdHaWtWeTllZnpYQ1VQZjVlQXZhYzloMUZRcmdqUlpIUlp0N21QSnhZWGRUalk5MEVzd1ExUGtnNDNHeHFXMEF4ZVpNUFhzT0JEdlJPZFBEM2VDeDhzVXZ0a0ZXOVdWSnFkNUdONnN3?oc=5) · ashlandsource.com
- 2026-06-21 [Is Mechanics Bancorp (MCHB) One of the Ultra-High Dividend Stocks to Buy for Income Investors? - Yahoo Finance](https://news.google.com/rss/articles/CBMingFBVV95cUxQQnpjS0ZjMmZNMkFRQzQ0WW5Ud0k2ZGE1eVMyTVZvVnFwbG4xWDFma2tBTHVCWHhHeHFBbko2UHRKb1YzSDNWb2pWdlZ4N3djU3dtN3c4OTNscGtuS01DRHJ3S1cyZG1yTVZoaFlrdzA1bjl6RmszRVVFc1JoUjJWc1R5ZnFJQ3ZVbUdCQUpRb29KM3NiMG1yOVk4LUJTQQ?oc=5) · Yahoo Finance
- 2025-12-10 [News | Fifth Third lands $130 million deal to boost multifamily lending - costar.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOOWJsVEVtRENlemtBSlAwcC1NMGZqSFcyTENHZl9nQjBsUVloQk5ZOEVOYVVJWGI1UlQ5bmpoNnNjdHV4c2UxN0VOcC1oVFpyTnB5QVNydjlxWHdNWHExd0FxUlZKMXZWdFFOMnhrSXBibFNRbzY0YU1qTXhVT1l6MThfd3NZWnBXWHZXOUJDc2tLQjhvLThxV010MWZEVUF4cXp6dThTek8?oc=5) · costar.com
- 2025-10-14 [Mechanics Bank in Shelby to open new bank office to replace existing location - Mansfield News Journal](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPSlRYR2s5QTlDeC1zUkU3c0lBeXNPOFlIV3AxcGJwZ3oxOTRRZXRFNzRXX2s1QmVZZVJmSnZudUVsTHk5cTAxVG1BVjJMZC1fcnk2Yno3b3hydzYtQ1otc0tMRkoxRTJhcEJQN2s2dTFxU0tzNllZODc2ZVdXM1JLazRkc3J6XzRoQjFQTFpJeWlza2RjbXVoeHNNTTNxSmVjWGdZSnMxakFvdHQ3aUpqaEhNQzFxbFZj?oc=5) · Mansfield News Journal

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=29011 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/19.json (key "29011", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide