Call reports 2016
MECHANICS BANK — 2016
What MECHANICS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 3,609,379,000 | 3,586,895,000 | 3,758,125,000 | 5,593,562,000 |
| Total loans | 1,663,438,000 | 1,856,297,000 | 1,939,738,000 | 4,098,290,000 |
| Allowance for loan losses | 3,125,000 | 4,300,000 | 5,200,000 | 6,536,000 |
| Securities available for sale | 1,167,126,000 | 1,092,730,000 | 559,732,000 | 704,394,000 |
| Securities held to maturity | 331,916,000 | 139,835,000 | 114,227,000 | 119,118,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,901,831,000 | 2,927,125,000 | 3,108,120,000 | 4,429,455,000 |
| Interest-bearing deposits | 1,830,257,000 | 1,813,202,000 | 1,982,959,000 | 2,429,224,000 |
| Noninterest-bearing deposits | 1,071,574,000 | 1,113,923,000 | 1,125,161,000 | 2,000,231,000 |
| Equity capital | 543,624,000 | 553,622,000 | 557,684,000 | 775,466,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 27,143,000 | 56,494,000 | 87,380,000 | 143,985,000 |
| Interest expense | 420,000 | 804,000 | 1,234,000 | 2,849,000 |
| Net interest income | 26,723,000 | 55,690,000 | 86,146,000 | 141,136,000 |
| Noninterest income | 5,268,000 | 10,503,000 | 16,100,000 | 28,490,000 |
| Noninterest expense | 22,195,000 | 44,786,000 | 69,004,000 | 116,432,000 |
| Provision for loan losses | 552,000 | 1,887,000 | 2,753,000 | 4,216,000 |
| Pretax income | 9,351,000 | 19,627,000 | 35,907,000 | 54,397,000 |
| Income tax | 3,604,000 | 7,608,000 | 14,054,000 | 20,597,000 |
| Net income | 5,747,000 | 12,019,000 | 21,853,000 | 33,800,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 388,091,000 | 394,809,000 | 404,923,000 | 485,720,000 |
| Total capital | 392,446,000 | 400,399,000 | 411,383,000 | 519,547,000 |
| Risk-weighted assets | 2,033,362,000 | 2,064,884,000 | 2,016,659,000 | 4,312,286,000 |