Call reports 2021
MECHANICS BANK — 2021
What MECHANICS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 18,944,668,000 | 18,797,454,000 | 19,052,469,000 | 19,422,861,000 |
| Total loans | 11,402,645,000 | 11,230,668,000 | 11,045,901,000 | 11,006,284,000 |
| Allowance for loan losses | 131,182,000 | 132,004,000 | 130,850,000 | 135,834,000 |
| Securities available for sale | 4,917,244,000 | 5,391,828,000 | 5,623,613,000 | 6,015,202,000 |
| Securities held to maturity | 59,280,000 | 52,464,000 | 47,150,000 | 45,447,000 |
| Trading assets | 58,075,000 | 57,282,000 | 50,462,000 | 36,249,000 |
| Total deposits | 16,186,433,000 | 15,977,342,000 | 16,351,217,000 | 16,766,624,000 |
| Interest-bearing deposits | 8,693,795,000 | 8,468,351,000 | 8,469,517,000 | 8,584,037,000 |
| Noninterest-bearing deposits | 7,492,638,000 | 7,508,991,000 | 7,881,700,000 | 8,182,587,000 |
| Equity capital | 2,461,969,000 | 2,530,913,000 | 2,406,176,000 | 2,387,777,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 155,601,000 | 314,899,000 | 475,959,000 | 632,074,000 |
| Interest expense | 4,332,000 | 6,905,000 | 8,985,000 | 10,917,000 |
| Net interest income | 151,269,000 | 307,994,000 | 466,974,000 | 621,157,000 |
| Noninterest income | 16,264,000 | 32,839,000 | 49,893,000 | 71,160,000 |
| Noninterest expense | 95,808,000 | 189,837,000 | 284,709,000 | 385,799,000 |
| Provision for loan losses | 6,244,000 | 10,255,000 | 11,637,000 | 21,221,000 |
| Pretax income | 65,739,000 | 141,344,000 | 221,074,000 | 285,948,000 |
| Income tax | 19,212,000 | 41,135,000 | 64,131,000 | 79,935,000 |
| Net income | 46,527,000 | 100,209,000 | 156,943,000 | 206,013,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,518,226,000 | 1,580,821,000 | 1,477,300,000 | 1,478,173,000 |
| Total capital | 1,678,444,000 | 1,742,364,000 | 1,627,834,000 | 1,634,222,000 |
| Risk-weighted assets | 10,827,888,000 | 11,237,574,000 | 11,374,492,000 | 11,438,594,000 |