Call reports 2016
MECHANICS & FARMERS BANK — 2016
What MECHANICS & FARMERS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 304,346,000 | 296,426,000 | 309,977,000 | 256,153,000 |
| Total loans | 160,692,000 | 163,487,000 | 146,489,000 | 150,314,000 |
| Allowance for loan losses | 3,436,000 | 3,112,000 | 2,493,000 | 2,417,000 |
| Securities available for sale | 78,888,000 | 74,964,000 | 75,851,000 | 65,004,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,051,000 | 254,531,000 | 272,455,000 | 229,645,000 |
| Interest-bearing deposits | 209,583,000 | 203,623,000 | 208,536,000 | 181,830,000 |
| Noninterest-bearing deposits | 53,468,000 | 50,908,000 | 63,919,000 | 47,815,000 |
| Equity capital | 35,627,000 | 35,816,000 | 32,091,000 | 21,680,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,469,000 | 4,881,000 | 7,201,000 | 9,612,000 |
| Interest expense | 179,000 | 367,000 | 559,000 | 741,000 |
| Net interest income | 2,290,000 | 4,514,000 | 6,642,000 | 8,871,000 |
| Noninterest income | 283,000 | 623,000 | 654,000 | 533,000 |
| Noninterest expense | 2,602,000 | 5,175,000 | 7,987,000 | 10,421,000 |
| Provision for loan losses | 0 | 171,000 | 4,632,000 | 5,181,000 |
| Pretax income | -23,000 | 112,000 | -5,002,000 | -5,957,000 |
| Income tax | 13,000 | 26,000 | -1,421,000 | -2,226,000 |
| Net income | -36,000 | 86,000 | -3,581,000 | -3,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,666,000 | 36,763,000 | 33,059,000 | 20,591,000 |
| Total capital | 39,084,000 | 39,213,000 | 35,361,000 | 22,878,000 |
| Risk-weighted assets | 192,237,000 | 195,109,000 | 183,751,000 | 181,432,000 |