Call reports 2020
MECHANICS & FARMERS BANK — 2020
What MECHANICS & FARMERS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 264,373,000 | 291,299,000 | 316,449,000 | 309,179,000 |
| Total loans | 179,926,000 | 186,731,000 | 189,690,000 | 187,524,000 |
| Allowance for loan losses | 2,116,000 | 2,705,000 | 2,955,000 | 2,673,000 |
| Securities available for sale | 42,149,000 | 43,893,000 | 51,883,000 | 57,017,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 236,456,000 | 263,559,000 | 288,339,000 | 280,978,000 |
| Interest-bearing deposits | 180,217,000 | 187,812,000 | 203,144,000 | 188,385,000 |
| Noninterest-bearing deposits | 56,239,000 | 75,747,000 | 85,195,000 | 92,593,000 |
| Equity capital | 22,523,000 | 22,846,000 | 23,053,000 | 23,307,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,605,000 | 5,170,000 | 7,640,000 | 10,130,000 |
| Interest expense | 341,000 | 620,000 | 821,000 | 958,000 |
| Net interest income | 2,264,000 | 4,550,000 | 6,819,000 | 9,172,000 |
| Noninterest income | 585,000 | 1,353,000 | 2,278,000 | 3,261,000 |
| Noninterest expense | 2,657,000 | 5,107,000 | 7,635,000 | 10,217,000 |
| Provision for loan losses | 108,000 | 730,000 | 980,000 | 700,000 |
| Pretax income | 84,000 | 66,000 | 495,000 | 1,541,000 |
| Income tax | 17,000 | 20,000 | 89,000 | 336,000 |
| Net income | 67,000 | 46,000 | 406,000 | 1,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,803,000 | 22,201,000 | 22,687,000 | 23,360,000 |
| Total capital | 23,952,000 | 24,606,000 | 25,017,000 | 25,800,000 |
| Risk-weighted assets | 191,545,000 | 192,097,000 | 185,802,000 | 195,000,000 |