Call reports 2020
MECHANICS BANK — 2020
What MECHANICS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 229,213,000 | 253,359,000 | 251,245,000 | 258,367,000 |
| Total loans | 161,034,000 | 173,779,000 | 177,090,000 | 170,587,000 |
| Allowance for loan losses | 1,964,000 | 2,033,000 | 2,036,000 | 2,189,000 |
| Securities available for sale | 37,000,000 | 36,101,000 | 35,867,000 | 34,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,110,000 | 222,608,000 | 220,021,000 | 228,135,000 |
| Interest-bearing deposits | 156,999,000 | 170,747,000 | 168,327,000 | 174,477,000 |
| Noninterest-bearing deposits | 43,111,000 | 51,861,000 | 51,695,000 | 53,658,000 |
| Equity capital | 25,548,000 | 26,903,000 | 27,462,000 | 26,884,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,638,000 | 5,421,000 | 8,215,000 | 11,018,000 |
| Interest expense | 602,000 | 1,223,000 | 1,803,000 | 2,296,000 |
| Net interest income | 2,036,000 | 4,198,000 | 6,412,000 | 8,722,000 |
| Noninterest income | 732,000 | 1,213,000 | 1,716,000 | 2,366,000 |
| Noninterest expense | 1,860,000 | 3,810,000 | 5,697,000 | 8,103,000 |
| Provision for loan losses | 77,000 | 142,000 | 179,000 | 359,000 |
| Pretax income | 851,000 | 1,499,000 | 2,292,000 | 2,666,000 |
| Income tax | 214,000 | 320,000 | 483,000 | 557,000 |
| Net income | 637,000 | 1,179,000 | 1,809,000 | 2,109,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,456,000 | 25,875,000 | 26,388,000 | 25,820,000 |