Call reports 2010
MECHANICS BANK — 2010
What MECHANICS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 2,904,393,000 | 2,945,672,000 | 2,891,787,000 | 2,891,728,000 |
| Total loans | 1,824,024,000 | 1,786,016,000 | 1,795,267,000 | 1,784,778,000 |
| Allowance for loan losses | 32,694,000 | 35,720,000 | 35,583,000 | 35,239,000 |
| Securities available for sale | 630,410,000 | 727,492,000 | 723,004,000 | 696,330,000 |
| Securities held to maturity | 14,769,000 | 21,770,000 | 33,544,000 | 43,583,000 |
| Trading assets | 145,430,000 | 70,509,000 | 30,243,000 | 10,129,000 |
| Total deposits | 2,361,432,000 | 2,427,451,000 | 2,397,083,000 | 2,444,925,000 |
| Interest-bearing deposits | 1,692,504,000 | 1,715,275,000 | 1,683,853,000 | 1,698,670,000 |
| Noninterest-bearing deposits | 668,928,000 | 712,176,000 | 713,230,000 | 746,255,000 |
| Equity capital | 294,411,000 | 295,788,000 | 297,687,000 | 284,598,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 32,639,000 | 65,024,000 | 97,049,000 | 128,990,000 |
| Interest expense | 3,799,000 | 7,185,000 | 10,353,000 | 13,095,000 |
| Net interest income | 28,840,000 | 57,839,000 | 86,696,000 | 115,895,000 |
| Noninterest income | 6,812,000 | 12,928,000 | 18,701,000 | 25,949,000 |
| Noninterest expense | 24,567,000 | 50,897,000 | 76,169,000 | 103,414,000 |
| Provision for loan losses | 10,484,000 | 21,013,000 | 30,039,000 | 34,888,000 |
| Pretax income | 640,000 | 1,682,000 | 3,354,000 | 8,045,000 |
| Income tax | -1,373,000 | -2,501,000 | -3,375,000 | -2,987,000 |
| Net income | 2,013,000 | 4,183,000 | 6,729,000 | 11,032,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 290,577,000 | 291,100,000 | 291,998,000 | 287,261,000 |
| Total capital | 316,633,000 | 316,506,000 | 317,564,000 | 312,968,000 |
| Risk-weighted assets | 2,076,084,000 | 2,020,971,000 | 2,034,221,000 | 2,045,642,000 |