Call reports 2017
MECHANICS BANK — 2017
What MECHANICS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 5,423,198,000 | 5,704,679,000 | 5,702,388,000 | 5,637,565,000 |
| Total loans | 3,937,965,000 | 4,179,497,000 | 4,339,152,000 | 4,247,055,000 |
| Allowance for loan losses | 8,402,000 | 10,149,000 | 17,267,000 | 23,000,000 |
| Securities available for sale | 665,701,000 | 650,199,000 | 629,680,000 | 606,462,000 |
| Securities held to maturity | 134,831,000 | 134,619,000 | 135,197,000 | 160,524,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,372,868,000 | 4,569,501,000 | 4,315,713,000 | 4,179,096,000 |
| Interest-bearing deposits | 2,269,815,000 | 2,305,668,000 | 2,367,623,000 | 2,371,958,000 |
| Noninterest-bearing deposits | 2,103,053,000 | 2,263,833,000 | 1,948,090,000 | 1,807,138,000 |
| Equity capital | 783,259,000 | 792,511,000 | 800,840,000 | 804,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 54,310,000 | 109,541,000 | 169,237,000 | 226,991,000 |
| Interest expense | 1,831,000 | 3,583,000 | 5,905,000 | 9,520,000 |
| Net interest income | 52,479,000 | 105,958,000 | 163,332,000 | 217,471,000 |
| Noninterest income | 10,734,000 | 22,861,000 | 33,830,000 | 47,929,000 |
| Noninterest expense | 46,984,000 | 95,212,000 | 143,834,000 | 187,877,000 |
| Provision for loan losses | 2,945,000 | 5,629,000 | 13,544,000 | 21,457,000 |
| Pretax income | 13,306,000 | 28,045,000 | 39,851,000 | 56,210,000 |
| Income tax | 5,185,000 | 10,978,000 | 15,244,000 | 24,377,000 |
| Net income | 8,121,000 | 17,067,000 | 24,607,000 | 31,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 488,401,000 | 497,027,000 | 505,435,000 | 510,601,000 |
| Total capital | 523,938,000 | 534,077,000 | 549,295,000 | 560,216,000 |
| Risk-weighted assets | 4,052,571,000 | 4,285,976,000 | 4,415,199,000 | 4,339,084,000 |