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Call reports 2018

MECHANICS BANK — 2018

What MECHANICS BANK reported to the FFIEC in 2018, quarter by quarter.

PERIOD: 2018SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1bc7f58e-702e-483b-b3ef-3aa6f7c7cb93/2018

Balance sheet

What the bank holds and owes at quarter end

Measure2018Q12018Q22018Q32018Q4
Total assets220,759,000220,966,000221,936,000222,861,000
Total loans151,969,000153,264,000159,367,000157,888,000
Allowance for loan losses1,928,0001,963,0002,017,0002,010,000
Securities available for sale41,937,00041,612,00039,150,00038,270,000
Securities held to maturity0000
Trading assets0000
Total deposits193,585,000188,704,000188,326,000190,683,000
Interest-bearing deposits149,791,000145,823,000147,798,000148,481,000
Noninterest-bearing deposits43,794,00042,880,00040,527,00042,201,000
Equity capital23,276,00023,636,00023,694,00023,656,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2018Q12018Q22018Q32018Q4
Interest income2,303,0004,657,0007,084,0009,620,000
Interest expense366,000753,0001,203,0001,725,000
Net interest income1,937,0003,904,0005,881,0007,895,000
Noninterest income739,0001,221,0001,789,0002,341,000
Noninterest expense1,803,0003,540,0005,408,0007,571,000
Provision for loan losses60,000120,000120,000120,000
Pretax income822,0001,470,0002,055,0002,458,000
Income tax172,000315,000464,000499,000
Net income650,0001,155,0001,591,0001,959,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2018Q12018Q22018Q32018Q4
Tier 1 capital23,407,00023,971,00024,122,00023,688,000
Total capital25,335,00025,934,00026,139,00025,698,000
Risk-weighted assets158,606,000158,689,000165,822,000165,370,000