Call reports 2010
MECHANICS BANK — 2010
What MECHANICS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 199,669,000 | 201,175,000 | 201,147,000 | 193,459,000 |
| Total loans | 125,399,000 | 128,690,000 | 127,907,000 | 126,236,000 |
| Allowance for loan losses | 1,585,000 | 1,665,000 | 1,678,000 | 1,697,000 |
| Securities available for sale | 42,218,000 | 42,077,000 | 39,722,000 | 40,463,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 155,446,000 | 156,141,000 | 161,419,000 | 167,058,000 |
| Interest-bearing deposits | 136,067,000 | 136,090,000 | 139,309,000 | 146,158,000 |
| Noninterest-bearing deposits | 19,379,000 | 20,051,000 | 22,110,000 | 20,899,000 |
| Equity capital | 16,826,000 | 17,491,000 | 18,053,000 | 17,439,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,636,000 | 5,214,000 | 7,905,000 | 10,503,000 |
| Interest expense | 940,000 | 1,816,000 | 2,696,000 | 3,413,000 |
| Net interest income | 1,696,000 | 3,398,000 | 5,209,000 | 7,090,000 |
| Noninterest income | 369,000 | 740,000 | 1,127,000 | 1,523,000 |
| Noninterest expense | 1,415,000 | 2,835,000 | 4,367,000 | 6,419,000 |
| Provision for loan losses | 120,000 | 240,000 | 300,000 | 389,000 |
| Pretax income | 540,000 | 1,128,000 | 1,771,000 | 1,917,000 |
| Income tax | 145,000 | 333,000 | 527,000 | 152,000 |
| Net income | 395,000 | 795,000 | 1,244,000 | 1,765,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,785,000 | 16,294,000 | 16,817,000 | 16,743,000 |
| Total capital | 17,370,000 | 17,959,000 | 18,469,000 | 18,378,000 |
| Risk-weighted assets | 131,149,000 | 133,334,000 | 132,160,000 | 130,771,000 |