Call reports 2007
MECHANICS BANK — 2007
What MECHANICS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 2,678,287,000 | 2,654,342,000 | 2,617,191,000 | 2,695,348,000 |
| Total loans | 1,737,069,000 | 1,798,319,000 | 1,837,513,000 | 1,855,580,000 |
| Allowance for loan losses | 26,890,000 | 27,260,000 | 26,942,000 | 27,651,000 |
| Securities available for sale | 439,976,000 | 428,089,000 | 437,592,000 | 466,634,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 287,918,000 | 228,585,000 | 169,681,000 | 162,864,000 |
| Total deposits | 2,214,711,000 | 2,158,333,000 | 2,090,077,000 | 2,114,779,000 |
| Interest-bearing deposits | 1,654,741,000 | 1,591,691,000 | 1,546,971,000 | 1,538,700,000 |
| Noninterest-bearing deposits | 559,970,000 | 566,642,000 | 543,106,000 | 576,079,000 |
| Equity capital | 259,339,000 | 259,382,000 | 268,595,000 | 274,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 40,180,000 | 80,894,000 | 122,367,000 | 163,667,000 |
| Interest expense | 14,890,000 | 29,683,000 | 44,504,000 | 59,033,000 |
| Net interest income | 25,290,000 | 51,211,000 | 77,863,000 | 104,634,000 |
| Noninterest income | 6,545,000 | 12,555,000 | 19,336,000 | 25,541,000 |
| Noninterest expense | 21,528,000 | 43,277,000 | 65,969,000 | 87,117,000 |
| Provision for loan losses | 226,000 | 535,000 | 880,000 | 2,459,000 |
| Pretax income | 10,178,000 | 20,112,000 | 30,782,000 | 41,016,000 |
| Income tax | 2,989,000 | 6,060,000 | 9,109,000 | 12,008,000 |
| Net income | 7,189,000 | 14,052,000 | 21,673,000 | 29,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 263,869,000 | 269,278,000 | 275,406,000 | 279,008,000 |
| Total capital | 289,416,000 | 296,978,000 | 301,772,000 | 305,591,000 |
| Risk-weighted assets | 2,037,250,000 | 2,098,760,000 | 2,105,813,000 | 2,123,849,000 |