Call reports 2018
MECHANICS & FARMERS BANK — 2018
What MECHANICS & FARMERS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 254,628,000 | 255,735,000 | 262,050,000 | 256,968,000 |
| Total loans | 159,023,000 | 164,550,000 | 169,051,000 | 174,449,000 |
| Allowance for loan losses | 1,946,000 | 2,012,000 | 2,076,000 | 2,079,000 |
| Securities available for sale | 54,969,000 | 53,039,000 | 51,103,000 | 50,753,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,281,000 | 233,265,000 | 238,871,000 | 233,161,000 |
| Interest-bearing deposits | 181,699,000 | 179,679,000 | 184,895,000 | 179,824,000 |
| Noninterest-bearing deposits | 50,582,000 | 53,586,000 | 53,976,000 | 53,337,000 |
| Equity capital | 18,149,000 | 18,159,000 | 18,775,000 | 19,501,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,208,000 | 4,589,000 | 7,027,000 | 9,463,000 |
| Interest expense | 249,000 | 527,000 | 858,000 | 1,242,000 |
| Net interest income | 1,959,000 | 4,062,000 | 6,169,000 | 8,221,000 |
| Noninterest income | 472,000 | 1,152,000 | 1,634,000 | 2,253,000 |
| Noninterest expense | 2,366,000 | 4,712,000 | 7,280,000 | 9,706,000 |
| Provision for loan losses | 1,067,000 | 1,134,000 | 15,000 | 26,000 |
| Pretax income | -1,002,000 | -632,000 | 508,000 | 742,000 |
| Income tax | -292,000 | -196,000 | 66,000 | 144,000 |
| Net income | -710,000 | -436,000 | 442,000 | 598,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,007,000 | 19,356,000 | 20,497,000 | 20,687,000 |
| Total capital | 20,997,000 | 21,387,000 | 22,596,000 | 22,787,000 |
| Risk-weighted assets | 180,782,000 | 181,988,000 | 186,439,000 | 188,716,000 |