Call reports 2018
MECHANICS BANK — 2018
What MECHANICS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 5,676,392,000 | 6,133,131,000 | 6,004,338,000 | 6,032,147,000 |
| Total loans | 4,355,517,000 | 4,409,116,000 | 4,510,423,000 | 4,549,030,000 |
| Allowance for loan losses | 25,713,000 | 26,285,000 | 24,702,000 | 26,440,000 |
| Securities available for sale | 583,942,000 | 652,510,000 | 613,387,000 | 615,384,000 |
| Securities held to maturity | 152,870,000 | 169,997,000 | 149,924,000 | 143,557,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,074,427,000 | 4,822,461,000 | 4,782,291,000 | 4,694,831,000 |
| Interest-bearing deposits | 2,283,661,000 | 2,633,802,000 | 2,746,643,000 | 2,620,711,000 |
| Noninterest-bearing deposits | 1,790,766,000 | 2,188,659,000 | 2,035,648,000 | 2,074,120,000 |
| Equity capital | 810,758,000 | 819,387,000 | 831,463,000 | 852,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 58,292,000 | 122,507,000 | 188,567,000 | 256,657,000 |
| Interest expense | 4,451,000 | 10,654,000 | 15,412,000 | 21,358,000 |
| Net interest income | 53,841,000 | 111,853,000 | 173,155,000 | 235,299,000 |
| Noninterest income | 13,240,000 | 17,783,000 | 28,916,000 | 43,180,000 |
| Noninterest expense | 44,511,000 | 88,995,000 | 137,393,000 | 183,817,000 |
| Provision for loan losses | 6,432,000 | 11,415,000 | 15,329,000 | 22,520,000 |
| Pretax income | 16,138,000 | 29,243,000 | 49,394,000 | 72,179,000 |
| Income tax | 4,417,000 | 8,221,000 | 14,062,000 | 20,171,000 |
| Net income | 11,721,000 | 21,022,000 | 35,332,000 | 52,008,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 517,047,000 | 465,828,000 | 481,626,000 | 499,464,000 |
| Total capital | 569,226,000 | 519,949,000 | 534,050,000 | 553,211,000 |
| Risk-weighted assets | 4,422,115,000 | 4,631,762,000 | 4,679,714,000 | 4,667,840,000 |