Call reports 2020
MECHANICS BANK — 2020
What MECHANICS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 17,041,081,000 | 18,869,983,000 | 18,539,337,000 | 19,142,908,000 |
| Total loans | 10,271,339,000 | 11,260,138,000 | 11,104,017,000 | 11,123,611,000 |
| Allowance for loan losses | 47,004,000 | 73,956,000 | 116,109,000 | 129,248,000 |
| Securities available for sale | 4,127,331,000 | 4,945,487,000 | 4,949,986,000 | 5,313,700,000 |
| Securities held to maturity | 102,768,000 | 94,638,000 | 78,967,000 | 68,571,000 |
| Trading assets | 92,315,000 | 96,945,000 | 90,955,000 | 81,410,000 |
| Total deposits | 14,289,288,000 | 16,065,874,000 | 15,773,408,000 | 16,346,608,000 |
| Interest-bearing deposits | 7,969,458,000 | 9,169,611,000 | 8,892,562,000 | 8,849,135,000 |
| Noninterest-bearing deposits | 6,319,830,000 | 6,896,263,000 | 6,880,846,000 | 7,497,473,000 |
| Equity capital | 2,374,559,000 | 2,409,939,000 | 2,423,092,000 | 2,467,161,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 161,323,000 | 313,370,000 | 462,409,000 | 611,358,000 |
| Interest expense | 13,435,000 | 23,376,000 | 30,319,000 | 36,120,000 |
| Net interest income | 147,888,000 | 289,994,000 | 432,090,000 | 575,238,000 |
| Noninterest income | 19,516,000 | 36,165,000 | 55,004,000 | 70,748,000 |
| Noninterest expense | 118,696,000 | 230,454,000 | 329,976,000 | 429,538,000 |
| Provision for loan losses | 16,563,000 | 49,950,000 | 95,904,000 | 114,745,000 |
| Pretax income | 31,383,000 | 45,512,000 | 61,134,000 | 102,027,000 |
| Income tax | 9,305,000 | 14,002,000 | 18,977,000 | 8,563,000 |
| Net income | 22,078,000 | 31,510,000 | 42,157,000 | 93,464,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,384,697,000 | 1,403,689,000 | 1,419,395,000 | 1,465,573,000 |
| Total capital | 1,463,867,000 | 1,508,579,000 | 1,566,364,000 | 1,624,096,000 |
| Risk-weighted assets | 10,509,809,000 | 10,609,590,000 | 10,542,482,000 | 10,693,002,000 |