MCS Bank is headquartered in Milroy and is the 114th largest bank in the state of Pennsylvania. It is also the 3,205th largest bank in the nation. It was established in 1923 and as of June of 2022, it had grown to 45 employees at 10 locations. MCS Bank has an A health rating.
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I love working with local small-town bank.
I live in a small rural town and I love banking with our local small-town bank. When I first opened up my checking and savings account they took the time to go over all the accounts they offer with me and made sure that I was choosing the best for me. After I opened the account they then helped me order my new checks and setup online banking using their app. I love that when I go in to bank they know who I am by name and always talk to me. They also let me know if any of their products have changed and if they feel like maybe one of their new deposit products would fit me better. I love the 1 on 1 that I get from the small bank. I will never switch back to a large national bank.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28186 |
| Year Established | 1923 |
| Employees | 45 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 3.74% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $185.1MM$175.2MM |
| Loans | Q2 2022vs Q2 2021 | $136.7MM$127.7MM |
| Deposits | Q2 2022vs Q2 2021 | $161.3MM$150.5MM |
| Equity Capital | Q2 2022vs Q2 2021 | $20.2MM$20.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.2MM$814.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.5MM$1.3MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |