Mansfield, OH · Cert 29011 · Mechanics Financial Corp.
State charter, non-member · FDIC · 10 branches
Q2 2026
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
Banks under $1B in assets (n=581 to 629). Each measure ranks only the institutions that reported it, so n varies by measure.
Peer groups below the disclosure floor are suppressed.
Capital
42
Asset Quality
62
Profitability
36
Liquidity
42
Efficiency
33
Growth
No peer data yet
Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.
Mansfield, OH · Cert 29011 · Mechanics Financial Corp.
State charter, non-member · FDIC · 10 branches
Q2 2026
Market Position · Mansfield, OH · 2026 SOD (annual) · 31.3% share · #1 of 11 inst. · $0.8B of $2.5B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.47% | 0.49% | 0.53% | 0.61% | 0.62% | 0.67% | 0.64% | 0.72% | +11 bps | |
| Return on Equity | 6.28% | 6.53% | 6.82% | 7.76% | 7.90% | 8.55% | 8.08% | 9.14% | +138 bps | |
| Net Interest Margin | 2.64% | 2.68% | 2.83% | 2.90% | 2.94% | 2.94% | 3.13% | 3.18% | +27 bps | |
| Efficiency Ratio | 82.96% | 82.86% | 81.08% | 79.06% | 78.85% | 77.70% | 77.07% | 75.34% | -372 bps | |
| Non-Interest Burden | 2.06% | 2.08% | 2.14% | 2.13% | 2.15% | 2.10% | 2.23% | 2.19% | +6 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 4.45% | 1.73% | 0.18% | 0.05% | 2.73% | 6.33% | 8.26% | 9.20% | +915 bps | |
| Loan Growth (YoY) | 4.37% | 4.86% | 5.51% | 6.28% | 6.47% | 7.34% | 9.14% | 9.16% | +289 bps | |
| Deposit Growth (YoY) | 3.72% | 1.30% | -0.58% | -0.66% | -0.13% | 1.55% | 2.76% | 5.15% | +580 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.25% | 0.31% | 0.32% | 0.35% | 0.38% | 0.34% | 0.33% | 0.42% | +7 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 1.02% | 0.99% | 1.00% | 0.99% | 0.98% | 0.98% | 0.99% | 1.00% | +1 bps | |
| Allowance Coverage of NPLs | 4.1x | 3.2x | 3.1x | 2.8x | 2.6x | 2.9x | 3.0x | 2.4x | -0.4x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 8.56% | 8.63% | 8.65% | 8.63% | 8.59% | 8.58% | 8.56% | 8.44% | -18 bps | |
| Total Risk-Based Capital | 17.04% | 16.86% | 16.92% | 16.64% | 16.42% | 16.31% | 16.27% | 15.90% | -74 bps | |
| Equity / Assets | 7.68% | 7.65% | 7.93% | 8.00% | 7.90% | 7.90% | 7.91% | 7.82% | -18 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.90% | 87.65% | 88.63% | 90.34% | 91.57% | 92.64% | 94.12% | 93.79% | +345 bps | |
| Liquid Assets / Assets | 5.72% | 4.44% | 3.85% | 2.60% | 4.02% | 5.02% | 4.82% | 4.15% | +155 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 71.24% | 79.37% | 78.18% | n/a | n/a | |
Mansfield, OH · Cert 29011 · Peer group: banks under $1B in assets (n=581-629) · Mechanics Financial Corp.
State charter, non-member · FDIC · 10 branches
Q2 2026
Return on Assets
0.71%
Rank 440 of 629
Net Interest Margin
3.18%
Rank 433 of 629
Efficiency Ratio
75.34%
Rank 425 of 629
Equity / Assets
7.82%
Rank 564 of 629
| Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||
| Return on Assets | 0.71% | 0.60% | 1.01% | 1.45% | Beats 30% | 440 / 629 | ||
| Return on Equity | 9.08% | 5.38% | 9.30% | 13.28% | Beats 48% | 328 / 629 | ||
| Net Interest Margin | 3.18% | 3.03% | 3.54% | 4.05% | Beats 31% | 433 / 629 | ||
| Efficiency Ratio | 75.34% | 58.35% | 67.79% | 79.08% | Beats 33% | 425 / 629 | ||
| Asset Quality | ||||||||
| Nonperforming Loans / Loans | 0.42% | 0.09% | 0.46% | 1.20% | Beats 52% | 278 / 581 | ||
| Net Charge-Offs / Loans | 0.00% | n/a | 0.01% | 0.06% | Beats 72% | 162 / 581 | ||
| Capital | ||||||||
| Tier 1 Capital Ratio | 14.65% | 11.24% | 13.84% | 18.77% | Beats 57% | 273 / 629 | ||
| Total Risk-Based Capital Ratio | 15.90% | 11.58% | 14.43% | 19.66% | Beats 60% | 250 / 629 | ||
| Equity / Assets | 7.82% | 9.09% | 10.65% | 13.80% | Beats 10% | 564 / 629 | ||
| Liquidity & Funding | ||||||||
| Loans / Deposits | 93.79% | 67.24% | 80.90% | 93.48% | 76th pctl | 144 / 594 | ||
| Loans / Assets | 82.68% | 53.31% | 67.71% | 78.15% | 87th pctl | 82 / 629 | ||
| Brokered Deposits / Deposits | n/a | Not reported for this institution | ||||||