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Mechanics Cooperative Bank
Taunton, MA · FDIC Certificate #26634 · Chartered 01/0
Total assets
$898.76M
Total deposits
$679.58M
Total equity
$118.58M
Net loans
$739.42M
Branches (offices)
10
Net income (YTD)
$5.45M
Rank: #1,141 of 4,213 U.S. banks by assets · #53 of 89 in Massachusetts. Assets changed 8.2% and deposits 3.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.24% |
| Return on equity | 9.57% |
| Net interest margin (YTD) | 4.33% |
| Equity to assets | 13.19% |
| Tier 1 leverage ratio | 12.38% |
| Uninsured deposits (share of deposits) | 22.5% |
| Noncurrent loans (share of loans) | 0.03% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 108.8% |
| Real estate loans (share of loans) | 94.0% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $695.39M | 94.0% | |
| Commercial & industrial | $41.63M | 5.6% | |
| Consumer / individual | $8.79M | 1.2% | |
| Construction & development | $111.78M | 15.1% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $641.75M | $537.85M | $3.81M | $76.13M |
| Jun 2023 | $666.14M | $541.70M | $4.16M | $83.87M |
| Jun 2024 | $773.74M | $598.30M | $3.13M | $91.92M |
| Jun 2025 | $830.58M | $657.21M | $5.32M | $102.30M |
| Jun 2026 | $898.76M | $679.58M | $5.45M | $118.58M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $679.58M | 10 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $679.58M.
Similar-sized banks
New Millennium Bank ($899.08M) · Terrabank, National Association ($897.72M)
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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