Call reports 2022
MECHANICS BANK — 2022
What MECHANICS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 18,900,207,000 | 18,616,778,000 | 18,349,910,000 | 18,139,330,000 |
| Total loans | 11,218,241,000 | 11,482,254,000 | 11,671,334,000 | 12,046,548,000 |
| Allowance for loan losses | 136,335,000 | 133,276,000 | 133,192,000 | 126,716,000 |
| Securities available for sale | 3,826,264,000 | 3,560,277,000 | 2,991,131,000 | 2,666,815,000 |
| Securities held to maturity | 1,757,597,000 | 1,721,569,000 | 1,676,041,000 | 1,647,275,000 |
| Trading assets | 14,636,000 | 17,256,000 | 30,508,000 | 28,064,000 |
| Total deposits | 16,372,365,000 | 16,147,421,000 | 15,978,491,000 | 15,499,389,000 |
| Interest-bearing deposits | 8,504,264,000 | 8,405,006,000 | 8,274,456,000 | 8,233,190,000 |
| Noninterest-bearing deposits | 7,868,101,000 | 7,742,415,000 | 7,704,035,000 | 7,266,199,000 |
| Equity capital | 2,297,201,000 | 2,233,497,000 | 2,114,523,000 | 2,131,279,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 149,729,000 | 309,804,000 | 476,946,000 | 651,073,000 |
| Interest expense | 1,750,000 | 3,549,000 | 7,632,000 | 19,838,000 |
| Net interest income | 147,979,000 | 306,255,000 | 469,314,000 | 631,235,000 |
| Noninterest income | 16,698,000 | 35,731,000 | 53,888,000 | 75,113,000 |
| Noninterest expense | 86,510,000 | 176,484,000 | 268,767,000 | 365,179,000 |
| Provision for loan losses | 6,811,000 | 8,887,000 | 19,546,000 | 25,432,000 |
| Pretax income | 70,761,000 | 154,536,000 | 232,037,000 | 302,135,000 |
| Income tax | 20,407,000 | 44,386,000 | 66,647,000 | 85,553,000 |
| Net income | 50,354,000 | 110,150,000 | 165,390,000 | 216,582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,517,376,000 | 1,516,291,000 | 1,500,260,000 | 1,479,883,000 |
| Total capital | 1,669,625,000 | 1,666,095,000 | 1,649,646,000 | 1,623,046,000 |
| Risk-weighted assets | 11,591,818,000 | 11,711,826,000 | 11,798,344,000 | 11,965,317,000 |