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 | |