Call reports 2008
MECHANICS BANK — 2008
What MECHANICS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 200,177,000 | 197,748,000 | 196,635,000 | 200,272,000 |
| Total loans | 118,418,000 | 122,359,000 | 127,554,000 | 128,992,000 |
| Allowance for loan losses | 1,087,000 | 1,198,000 | 1,453,000 | 1,530,000 |
| Securities available for sale | 45,563,000 | 46,138,000 | 43,351,000 | 40,990,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 168,732,000 | 165,385,000 | 156,186,000 | 137,711,000 |
| Interest-bearing deposits | 149,021,000 | 145,663,000 | 136,591,000 | 117,642,000 |
| Noninterest-bearing deposits | 19,711,000 | 19,721,000 | 19,595,000 | 20,070,000 |
| Equity capital | 16,268,000 | 16,081,000 | 14,224,000 | 15,503,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 3,289,000 | 6,425,000 | 9,493,000 | 12,437,000 |
| Interest expense | 1,847,000 | 3,470,000 | 4,976,000 | 6,372,000 |
| Net interest income | 1,442,000 | 2,955,000 | 4,517,000 | 6,065,000 |
| Noninterest income | 418,000 | 854,000 | 1,395,000 | 1,874,000 |
| Noninterest expense | 1,223,000 | 2,648,000 | 4,341,000 | 5,800,000 |
| Provision for loan losses | 150,000 | 300,000 | 657,000 | 1,135,000 |
| Pretax income | 487,000 | 864,000 | -2,151,000 | -2,225,000 |
| Income tax | 91,000 | 149,000 | 197,000 | -893,000 |
| Net income | 396,000 | 715,000 | -2,348,000 | -1,332,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,257,000 | 15,730,000 | 15,300,000 | 15,197,000 |
| Total capital | 16,344,000 | 16,928,000 | 16,753,000 | 16,727,000 |
| Risk-weighted assets | 131,703,000 | 133,881,000 | 134,061,000 | 137,054,000 |
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