Call reports 2022
MECHANICS BANK — 2022
What MECHANICS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 290,197,000 | 330,778,000 | 324,321,000 | 323,302,000 |
| Total loans | 195,057,000 | 199,303,000 | 208,666,000 | 211,400,000 |
| Allowance for loan losses | 2,456,000 | 2,530,000 | 2,556,000 | 2,493,000 |
| Securities available for sale | 35,922,000 | 34,178,000 | 33,055,000 | 32,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 258,942,000 | 299,829,000 | 293,306,000 | 291,620,000 |
| Interest-bearing deposits | 199,679,000 | 196,019,000 | 190,881,000 | 189,735,000 |
| Noninterest-bearing deposits | 59,263,000 | 103,810,000 | 102,425,000 | 101,884,000 |
| Equity capital | 28,038,000 | 27,474,000 | 27,641,000 | 27,902,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 2,458,000 | 5,034,000 | 8,006,000 | 11,287,000 |
| Interest expense | 346,000 | 690,000 | 1,029,000 | 1,392,000 |
| Net interest income | 2,112,000 | 4,344,000 | 6,977,000 | 9,895,000 |
| Noninterest income | 847,000 | 1,786,000 | 2,478,000 | 4,669,000 |
| Noninterest expense | 1,899,000 | 3,954,000 | 5,962,000 | 10,691,000 |
| Provision for loan losses | 80,000 | 153,000 | 178,000 | 653,000 |
| Pretax income | 980,000 | 2,024,000 | 3,316,000 | 3,221,000 |
| Income tax | 271,000 | 484,000 | 786,000 | 779,000 |
| Net income | 709,000 | 1,540,000 | 2,530,000 | 2,442,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,349,000 | 30,071,000 | 31,069,000 | 31,015,000 |