Mechanics Bank (MS)
Overview / Commentary
Mechanics Bank (MS) is headquartered in Water Valley and is the 44th largest bank in the state of Mississippi. It is also the 2,785th largest bank in the nation. It was established in 1892 and as of June of 2016, it had grown to 65 employees at 6 locations. Mechanics Bank (MS) has a C+ health rating.
Health
C+
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 12206 |
| Year Established | 1892 |
| Employees | 65 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.53% |
| Return on Equity - YTD | 5.06% |
| Annual Interest Income | $4.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $220.9MM$215.0MM |
| Loans | Q2 2016vs Q2 2015 | $139.1MM$128.9MM |
| Deposits | Q2 2016vs Q2 2015 | $196.0MM$191.5MM |
| Equity Capital | Q2 2016vs Q2 2015 | $23.3MM$22.1MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $2.0MM$2.8MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $8.8MM$5.6MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $259.00K$356.00K |
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 |