Call reports 2016
MECHANICS BANK — 2016
What MECHANICS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 220,214,000 | 220,854,000 | 217,912,000 | 229,794,000 |
| Total loans | 138,002,000 | 141,071,000 | 144,527,000 | 145,789,000 |
| Allowance for loan losses | 3,056,000 | 2,012,000 | 2,207,000 | 2,204,000 |
| Securities available for sale | 53,908,000 | 58,310,000 | 48,539,000 | 47,586,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,995,000 | 196,004,000 | 192,872,000 | 203,265,000 |
| Interest-bearing deposits | 157,530,000 | 157,625,000 | 152,454,000 | 157,338,000 |
| Noninterest-bearing deposits | 38,465,000 | 38,379,000 | 40,418,000 | 45,927,000 |
| Equity capital | 22,702,000 | 23,260,000 | 23,575,000 | 22,622,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,206,000 | 4,484,000 | 6,809,000 | 9,149,000 |
| Interest expense | 305,000 | 617,000 | 936,000 | 1,294,000 |
| Net interest income | 1,901,000 | 3,867,000 | 5,873,000 | 7,855,000 |
| Noninterest income | 271,000 | 537,000 | 876,000 | 1,852,000 |
| Noninterest expense | 1,614,000 | 3,227,000 | 4,864,000 | 7,283,000 |
| Provision for loan losses | 180,000 | 412,000 | 592,000 | 772,000 |
| Pretax income | 427,000 | 823,000 | 1,475,000 | 1,898,000 |
| Income tax | 118,000 | 248,000 | 337,000 | 395,000 |
| Net income | 309,000 | 575,000 | 1,138,000 | 1,503,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,268,000 | 22,530,000 | 23,076,000 | 22,489,000 |
| Total capital | 24,066,000 | 24,397,000 | 24,956,000 | 24,407,000 |
| Risk-weighted assets | 142,551,000 | 149,184,000 | 150,158,000 | 153,210,000 |