Call reports 2014
MECHANICS BANK — 2014
What MECHANICS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 3,359,907,000 | 3,303,385,000 | 3,345,334,000 | 3,370,491,000 |
| Total loans | 1,630,851,000 | 1,657,173,000 | 1,674,657,000 | 1,649,456,000 |
| Allowance for loan losses | 33,855,000 | 33,814,000 | 33,736,000 | 34,268,000 |
| Securities available for sale | 763,516,000 | 860,757,000 | 776,992,000 | 936,676,000 |
| Securities held to maturity | 482,446,000 | 474,734,000 | 470,980,000 | 469,436,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,924,278,000 | 2,908,275,000 | 2,936,565,000 | 2,933,445,000 |
| Interest-bearing deposits | 1,902,327,000 | 1,846,864,000 | 1,860,785,000 | 1,823,816,000 |
| Noninterest-bearing deposits | 1,021,951,000 | 1,061,411,000 | 1,075,780,000 | 1,109,629,000 |
| Equity capital | 305,645,000 | 316,734,000 | 323,004,000 | 331,346,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 27,350,000 | 56,753,000 | 87,706,000 | 114,916,000 |
| Interest expense | 720,000 | 1,326,000 | 1,851,000 | 2,291,000 |
| Net interest income | 26,630,000 | 55,427,000 | 85,855,000 | 112,625,000 |
| Noninterest income | 6,541,000 | 13,146,000 | 19,822,000 | 26,029,000 |
| Noninterest expense | 27,239,000 | 53,214,000 | 75,914,000 | 96,780,000 |
| Provision for loan losses | 3,992,000 | 4,013,000 | 4,005,000 | 0 |
| Pretax income | 2,054,000 | 11,491,000 | 26,054,000 | 42,241,000 |
| Income tax | 236,000 | 3,600,000 | 9,161,000 | 16,817,000 |
| Net income | 1,818,000 | 7,891,000 | 16,893,000 | 25,424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 327,955,000 | 331,896,000 | 338,766,000 | 345,166,000 |
| Total capital | 353,786,000 | 358,317,000 | 365,364,000 | 371,354,000 |
| Risk-weighted assets | 2,047,184,000 | 2,092,125,000 | 2,107,962,000 | 2,081,886,000 |