Call reports 2015
MECHANICS BANK — 2015
What MECHANICS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 3,346,067,000 | 3,481,881,000 | 3,551,295,000 | 3,577,152,000 |
| Total loans | 1,595,007,000 | 1,491,547,000 | 1,562,528,000 | 1,611,282,000 |
| Allowance for loan losses | 34,926,000 | 445,000 | 1,450,000 | 2,294,000 |
| Securities available for sale | 1,093,378,000 | 1,196,896,000 | 1,194,561,000 | 1,166,495,000 |
| Securities held to maturity | 414,808,000 | 407,628,000 | 373,080,000 | 357,122,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,909,752,000 | 2,837,687,000 | 2,864,548,000 | 2,893,668,000 |
| Interest-bearing deposits | 1,792,453,000 | 1,786,312,000 | 2,745,408,000 | 1,809,621,000 |
| Noninterest-bearing deposits | 1,117,299,000 | 1,051,375,000 | 119,140,000 | 1,084,047,000 |
| Equity capital | 344,372,000 | 521,787,000 | 528,297,000 | 526,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 26,229,000 | 20,123,000 | 46,784,000 | 74,363,000 |
| Interest expense | 398,000 | 289,000 | 683,000 | 1,044,000 |
| Net interest income | 25,831,000 | 19,834,000 | 46,101,000 | 73,319,000 |
| Noninterest income | 6,121,000 | 3,839,000 | 9,253,000 | 14,588,000 |
| Noninterest expense | 20,132,000 | 13,614,000 | 42,584,000 | 63,653,000 |
| Provision for loan losses | 0 | 445,000 | 1,505,000 | 2,586,000 |
| Pretax income | 11,884,000 | 9,617,000 | 11,397,000 | 21,840,000 |
| Income tax | 4,460,000 | 3,672,000 | 7,042,000 | 11,225,000 |
| Net income | 7,424,000 | 5,945,000 | 4,355,000 | 10,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 352,589,000 | 381,465,000 | 379,831,000 | 385,394,000 |
| Total capital | 378,395,000 | 382,873,000 | 383,296,000 | 388,848,000 |
| Risk-weighted assets | 2,044,707,000 | 1,997,955,000 | 2,024,655,000 | 2,022,146,000 |