Call reports 2004
MECHANICS BANK — 2004
What MECHANICS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 2,235,208,000 | 2,293,888,000 | 2,409,138,000 | 2,469,350,000 |
| Total loans | 1,592,075,000 | 1,611,890,000 | 1,598,969,000 | 1,575,262,000 |
| Allowance for loan losses | 21,815,000 | 22,725,000 | 23,400,000 | 22,153,000 |
| Securities available for sale | 394,425,000 | 443,072,000 | 576,455,000 | 728,413,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,884,478,000 | 1,923,906,000 | 2,052,241,000 | 2,103,154,000 |
| Interest-bearing deposits | 1,468,900,000 | 1,469,622,000 | 1,578,355,000 | 1,612,829,000 |
| Noninterest-bearing deposits | 415,578,000 | 454,284,000 | 473,886,000 | 490,325,000 |
| Equity capital | 229,564,000 | 227,255,000 | 236,234,000 | 236,616,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 29,119,000 | 57,899,000 | 87,691,000 | 118,457,000 |
| Interest expense | 6,033,000 | 12,021,000 | 18,685,000 | 26,480,000 |
| Net interest income | 23,086,000 | 45,878,000 | 69,006,000 | 91,977,000 |
| Noninterest income | 3,723,000 | 7,665,000 | 11,573,000 | 15,435,000 |
| Noninterest expense | 16,837,000 | 34,118,000 | 51,340,000 | 69,278,000 |
| Provision for loan losses | 900,000 | 1,575,000 | 2,250,000 | 2,455,000 |
| Pretax income | 9,138,000 | 17,952,000 | 27,112,000 | 35,677,000 |
| Income tax | 3,057,000 | 5,952,000 | 8,959,000 | 11,567,000 |
| Net income | 6,081,000 | 12,000,000 | 18,153,000 | 24,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 224,272,000 | 228,562,000 | 233,221,000 | 235,826,000 |
| Total capital | 246,087,000 | 251,287,000 | 256,621,000 | 258,474,000 |
| Risk-weighted assets | 1,816,381,000 | 1,853,022,000 | 1,881,236,000 | 1,867,638,000 |