The Mechanics Savings Bank

The Mechanics Savings Bank is headquartered in Mansfield and is the 52^nd largest bank in the state of Ohio. It is also the 1,753^rd largest bank in the nation. It was established in 1886 and as of March of 2012, it had grown to 107 employees at 6 locations. The Mechanics Savings Bank has a 4-star health rating.

The Mechanics Savings Bank Routing Number: 241271371

Data for Q1 2012

Institution Statistics Mechanics Bank FDIC Certificate # 29011 BankRate Report View Year Established 1886 Employees 107 Primary Regulator FDIC Assets and Liabilities Assets $379.20 million Loans $275.20 million Deposits $339.27 million Equity Capital $38.55 million Loan Loss Allowance $3.39 million Unbacked Noncurrent Loans $4.02 million Historic Data - March 2011 Assets $364.99 million Equity Capital $35.63 million Loan Loss Allowance $2.90 million Unbacked Noncurrent Loans $2.97 million Real Estate Owned $471,000 Profit Margin - Quarterly Net Interest Margin 3.72% Return on Assets 0.5% Return on Equity 4.87% Interest Income $3.72 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 The Mechanics Savings Bank had $4.02 million in non-current loans and owned real-estate with $41.95 million in equity and loan loss allowances on hand to cover it. This gives The Mechanics Savings Bank a Texas Ratio of 9.58% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Mechanics Savings Bank held steady from 8.93% as of March 31, 2011 to 9.58% as of March 31, 2012, resulting in a negative change of 7.29%. This indicates that the balance sheet and financial strength for The Mechanics Savings Bank has held steady in recent periods. Deposit Growth In the past year, The Mechanics Savings Bank has increased its total deposits by $11.43 million, resulting in 3.49% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Mechanics Savings Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Mechanics Savings Bank has $379.2 million in assets with $41.95 million in equity, resulting in a capitalization level of 11.06%, which is above average.

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