Call reports 2021
MECHANICS BANK — 2021
What MECHANICS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 273,866,000 | 276,732,000 | 279,041,000 | 284,760,000 |
| Total loans | 175,299,000 | 174,953,000 | 185,704,000 | 191,125,000 |
| Allowance for loan losses | 2,212,000 | 2,238,000 | 2,277,000 | 2,360,000 |
| Securities available for sale | 31,709,000 | 37,693,000 | 38,068,000 | 37,675,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 242,519,000 | 244,634,000 | 244,577,000 | 252,454,000 |
| Interest-bearing deposits | 183,156,000 | 187,316,000 | 188,852,000 | 196,575,000 |
| Noninterest-bearing deposits | 59,363,000 | 57,318,000 | 55,725,000 | 55,879,000 |
| Equity capital | 27,342,000 | 28,011,000 | 30,327,000 | 29,120,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,677,000 | 5,420,000 | 7,906,000 | 10,467,000 |
| Interest expense | 406,000 | 770,000 | 1,122,000 | 1,469,000 |
| Net interest income | 2,271,000 | 4,650,000 | 6,784,000 | 8,998,000 |
| Noninterest income | 698,000 | 1,191,000 | 4,228,000 | 4,882,000 |
| Noninterest expense | 1,895,000 | 3,827,000 | 5,677,000 | 8,426,000 |
| Provision for loan losses | 27,000 | 48,000 | 91,000 | 178,000 |
| Pretax income | 1,047,000 | 1,966,000 | 5,244,000 | 5,276,000 |
| Income tax | 240,000 | 429,000 | 1,224,000 | 1,214,000 |
| Net income | 807,000 | 1,537,000 | 4,020,000 | 4,062,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,622,000 | 27,240,000 | 29,614,000 | 28,632,000 |