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Mechanics Bank
Walnut Creek, CA · FDIC Certificate #1768 · Chartered 01/0
Total assets
$21.25B
Total deposits
$18.10B
Total equity
$2.83B
Net loans
$13.43B
Branches (offices)
167
Net income (YTD)
$107.73M
Rank: #102 of 4,213 U.S. banks by assets · #6 of 115 in California. Assets changed 28.2% and deposits 29.5% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.99% |
| Return on equity | 7.33% |
| Net interest margin (YTD) | 3.71% |
| Equity to assets | 13.30% |
| Tier 1 leverage ratio | 9.38% |
| Uninsured deposits (share of deposits) | 42.9% |
| Noncurrent loans (share of loans) | 0.41% |
| Net charge-offs (share of loans) | 0.11% |
| Loans to deposits | 74.2% |
| Real estate loans (share of loans) | 87.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $11.77B | 87.6% | |
| Commercial & industrial | $400.03M | 3.0% | |
| Consumer / individual | $1.31B | 9.7% | |
| Construction & development | $350.20M | 2.6% | |
| Agricultural | $854.00K | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $18.62B | $16.15B | $110.15M | $2.23B |
| Jun 2023 | $18.18B | $15.04B | $98.03M | $2.13B |
| Jun 2024 | $17.33B | $14.10B | -$62.61M | $2.24B |
| Jun 2025 | $16.58B | $13.97B | $86.28M | $2.42B |
| Jun 2026 | $21.25B | $18.10B | $107.73M | $2.83B |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| California | $15.91B | 132 |
| Washington | $1.57B | 28 |
| Hawaii | $467.14M | 4 |
| Oregon | $149.01M | 3 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $18.10B.
Similar-sized banks
First Merchants Bank ($21.32B) · Citizens Business Bank, National Association ($21.18B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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