Call reports 2013
MECHANICS BANK — 2013
What MECHANICS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 3,269,632,000 | 3,252,421,000 | 3,300,126,000 | 3,371,419,000 |
| Total loans | 1,684,716,000 | 1,662,671,000 | 1,647,166,000 | 1,635,127,000 |
| Allowance for loan losses | 29,117,000 | 28,837,000 | 26,977,000 | 29,920,000 |
| Securities available for sale | 769,784,000 | 777,075,000 | 759,209,000 | 760,187,000 |
| Securities held to maturity | 413,258,000 | 497,631,000 | 488,219,000 | 489,763,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,774,119,000 | 2,803,156,000 | 2,861,378,000 | 2,926,656,000 |
| Interest-bearing deposits | 1,824,379,000 | 1,828,470,000 | 1,894,507,000 | 1,919,774,000 |
| Noninterest-bearing deposits | 949,740,000 | 974,686,000 | 966,871,000 | 1,006,882,000 |
| Equity capital | 308,433,000 | 294,071,000 | 296,078,000 | 299,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 27,387,000 | 55,578,000 | 85,760,000 | 113,934,000 |
| Interest expense | 1,172,000 | 2,226,000 | 3,211,000 | 4,093,000 |
| Net interest income | 26,215,000 | 53,352,000 | 82,549,000 | 109,841,000 |
| Noninterest income | 6,665,000 | 13,873,000 | 20,264,000 | 27,486,000 |
| Noninterest expense | 25,528,000 | 53,033,000 | 77,281,000 | 103,929,000 |
| Provision for loan losses | 917,000 | 783,000 | 646,000 | 3,649,000 |
| Pretax income | 7,805,000 | 15,650,000 | 27,155,000 | 32,037,000 |
| Income tax | 2,481,000 | 5,005,000 | 9,149,000 | 10,477,000 |
| Net income | 5,324,000 | 10,645,000 | 18,006,000 | 21,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 318,428,000 | 321,617,000 | 326,847,000 | 328,269,000 |
| Total capital | 344,098,000 | 347,528,000 | 352,656,000 | 354,118,000 |
| Risk-weighted assets | 2,045,202,000 | 2,059,239,000 | 2,055,974,000 | 2,052,748,000 |