Call reports 2014
MECHANICS BANK — 2014
What MECHANICS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 213,769,000 | 215,992,000 | 213,985,000 | 214,454,000 |
| Total loans | 145,876,000 | 147,041,000 | 136,989,000 | 132,123,000 |
| Allowance for loan losses | 2,464,000 | 2,516,000 | 2,805,000 | 2,821,000 |
| Securities available for sale | 44,364,000 | 44,414,000 | 47,614,000 | 51,364,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 190,611,000 | 192,738,000 | 190,426,000 | 191,235,000 |
| Interest-bearing deposits | 160,746,000 | 158,612,000 | 153,074,000 | 154,104,000 |
| Noninterest-bearing deposits | 29,866,000 | 34,127,000 | 37,352,000 | 37,131,000 |
| Equity capital | 21,511,000 | 21,551,000 | 22,046,000 | 21,799,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,411,000 | 4,857,000 | 7,250,000 | 9,562,000 |
| Interest expense | 397,000 | 794,000 | 1,179,000 | 1,541,000 |
| Net interest income | 2,014,000 | 4,063,000 | 6,071,000 | 8,021,000 |
| Noninterest income | 337,000 | 695,000 | 1,234,000 | 1,555,000 |
| Noninterest expense | 1,512,000 | 3,021,000 | 4,537,000 | 6,256,000 |
| Provision for loan losses | 283,000 | 1,409,000 | 1,755,000 | 2,101,000 |
| Pretax income | 562,000 | 337,000 | 1,030,000 | 1,271,000 |
| Income tax | 163,000 | 63,000 | 289,000 | 292,000 |
| Net income | 399,000 | 274,000 | 741,000 | 979,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,478,000 | 21,330,000 | 21,773,000 | 21,410,000 |
| Total capital | 23,265,000 | 23,102,000 | 23,475,000 | 23,072,000 |
| Risk-weighted assets | 142,256,000 | 141,205,000 | 135,053,000 | 131,776,000 |