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Mechanics Bank, Financial Information

About Mechanics Bank

 Address:
319 North Main Street
Water Valley, MS
Yalobusha County, Mississippi
 Established:
Jan 1892
 Number of domestic offices:
6
Total assets$258M
Net income$2M
Net income, quarterly$0M
Total deposits$228M
Domestic deposits$228M
Equity capital$27M
ROA0.86%
ROAQ, quarterly0.47%
ROA, pretax0.47%
ROAQ, quarterly, pretax0.59%
ROE7.99%
ROEQ, quarterly4.42%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Mechanics Bank provides quality financial products and services to its customers. In 1892, J.V. Blackmur, the founder and first president of The Mechanics Savings Bank, instilled these principles into Mechanics’ corporate culture-and they remain today.

Today, with assets totaling over $100 million, Mechanics remains focused on honoring the local customers who have partnered in the bank’s success for more than 100 years. As the oldest home-owned bank servicing Yalobusha and Lafayette counties, Mechanics continues to provide today’s banking consumers the exceptional service and new technology offerings they require.

Water Valley branch
319 Main Street
Water Valley, MS
662-473-2261
800-556-2261

Water Valley branch
321 South Main Street
Water Valley, MS
662-473-1234

Oxford branch
2601 West Jackson Avenue
Oxford, MS
662-234-4434

Oxford branch
1508 East University Avenue
Oxford, MS
662-234-4490

Historical Data