Mechanics Bank (MS)
Overview / Commentary
Mechanics Bank (MS) is headquartered in Water Valley and is the 45th largest bank in the state of Mississippi. It is also the 2,719th largest bank in the nation. It was established in 1892 and as of March of 2017, it had grown to 72 employees at 6 locations. Mechanics Bank (MS) has a B+ health rating.
Health
B+
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12206 |
| Year Established | 1892 |
| Employees | 72 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.56% |
| Return on Equity - YTD | 15.44% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $228.5MM$220.2MM |
| Loans | Q1 2017vs Q1 2016 | $143.6MM$134.9MM |
| Deposits | Q1 2017vs Q1 2016 | $200.8MM$196.0MM |
| Equity Capital | Q1 2017vs Q1 2016 | $23.6MM$22.7MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $2.5MM$3.1MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $4.5MM$9.4MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $953.00K$393.00K |
Rates
Sorry, we do not have rate data for Mechanics Bank (MS).
Locations
| Mechanics Bank (MS) Locations | ||
|---|---|---|
| University Avenue Branch | 1508 University Avenue | Oxford, MS 38655 |
| Eastgate Branch | 1936 University Avenue | Oxford, MS 38655 |
| West Jackson Branch | 2601 Jackson Avenue West | Oxford, MS 38655 |
| Mechanics Bank | 319 North Main Street | Water Valley, MS 38965 |
| South Main Street Branch | 321 South Main Street | Water Valley, MS 38965 |
| Drive-In Facility | 321 Duncan Street | Water Valley, MS 38965 |