Call reports 2023
MECHANICS BANK — 2023
What MECHANICS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 17,946,221,000 | 18,179,764,000 | 17,838,311,000 | 17,505,527,000 |
| Total loans | 11,971,355,000 | 11,676,527,000 | 11,146,177,000 | 10,781,927,000 |
| Allowance for loan losses | 175,487,000 | 167,516,000 | 143,457,000 | 133,778,000 |
| Securities available for sale | 2,596,271,000 | 2,464,808,000 | 2,327,738,000 | 2,343,173,000 |
| Securities held to maturity | 1,625,117,000 | 1,596,926,000 | 1,567,503,000 | 1,542,116,000 |
| Trading assets | 21,483,000 | 27,175,000 | 28,352,000 | 18,081,000 |
| Total deposits | 14,840,424,000 | 15,039,228,000 | 14,675,816,000 | 14,301,874,000 |
| Interest-bearing deposits | 8,248,097,000 | 8,456,851,000 | 8,313,973,000 | 8,114,004,000 |
| Noninterest-bearing deposits | 6,592,327,000 | 6,582,377,000 | 6,361,843,000 | 6,187,870,000 |
| Equity capital | 2,106,133,000 | 2,131,048,000 | 2,111,857,000 | 2,235,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 179,820,000 | 359,021,000 | 542,024,000 | 718,959,000 |
| Interest expense | 24,999,000 | 63,912,000 | 108,812,000 | 155,747,000 |
| Net interest income | 154,821,000 | 295,109,000 | 433,212,000 | 563,212,000 |
| Noninterest income | 16,168,000 | 38,475,000 | 59,049,000 | 74,336,000 |
| Noninterest expense | 98,009,000 | 194,316,000 | 282,736,000 | 359,872,000 |
| Provision for loan losses | 597,000 | 3,098,000 | -7,621,000 | 2,558,000 |
| Pretax income | 73,123,000 | 137,476,000 | 218,395,000 | 277,942,000 |
| Income tax | 20,930,000 | 39,449,000 | 62,565,000 | 76,028,000 |
| Net income | 52,193,000 | 98,027,000 | 155,830,000 | 201,914,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,464,929,000 | 1,514,148,000 | 1,529,434,000 | 1,578,208,000 |
| Total capital | 1,616,712,000 | 1,666,497,000 | 1,675,808,000 | 1,721,284,000 |
| Risk-weighted assets | 11,709,394,000 | 11,461,142,000 | 10,898,670,000 | 10,642,214,000 |