Call reports 2017
MECHANICS & FARMERS BANK — 2017
What MECHANICS & FARMERS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 267,730,000 | 265,122,000 | 268,085,000 | 254,776,000 |
| Total loans | 156,211,000 | 155,699,000 | 155,161,000 | 153,565,000 |
| Allowance for loan losses | 2,404,000 | 2,345,000 | 2,888,000 | 1,885,000 |
| Securities available for sale | 63,524,000 | 62,131,000 | 59,598,000 | 57,488,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 241,345,000 | 238,300,000 | 241,690,000 | 230,683,000 |
| Interest-bearing deposits | 191,369,000 | 187,183,000 | 182,072,000 | 183,128,000 |
| Noninterest-bearing deposits | 49,976,000 | 51,117,000 | 59,618,000 | 47,555,000 |
| Equity capital | 21,800,000 | 22,015,000 | 21,987,000 | 19,661,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,165,000 | 4,345,000 | 6,574,000 | 8,773,000 |
| Interest expense | 179,000 | 377,000 | 586,000 | 816,000 |
| Net interest income | 1,986,000 | 3,968,000 | 5,988,000 | 7,957,000 |
| Noninterest income | 427,000 | 854,000 | 1,508,000 | 1,907,000 |
| Noninterest expense | 2,355,000 | 4,690,000 | 7,078,000 | 9,477,000 |
| Provision for loan losses | 0 | 0 | 627,000 | 1,171,000 |
| Pretax income | 58,000 | 132,000 | -209,000 | -784,000 |
| Income tax | 17,000 | 59,000 | -139,000 | 1,684,000 |
| Net income | 41,000 | 73,000 | -70,000 | -2,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,816,000 | 20,839,000 | 20,656,000 | 19,427,000 |
| Total capital | 23,046,000 | 23,085,000 | 22,928,000 | 21,360,000 |
| Risk-weighted assets | 177,572,000 | 178,914,000 | 180,505,000 | 176,498,000 |