Call reports 2001
MECHANICS COOPERATIVE BANK — 2001
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 86,123,000 | 86,466,000 | 87,526,000 | 92,097,000 |
| Total loans | 49,586,000 | 54,768,000 | 56,197,000 | 60,359,000 |
| Allowance for loan losses | 421,000 | 563,000 | 580,000 | 532,000 |
| Securities available for sale | 22,928,000 | 23,052,000 | 18,587,000 | 20,815,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,872,000 | 76,992,000 | 77,523,000 | 82,940,000 |
| Interest-bearing deposits | 71,876,000 | 72,726,000 | 73,012,000 | 77,129,000 |
| Noninterest-bearing deposits | 3,996,000 | 4,266,000 | 4,511,000 | 5,811,000 |
| Equity capital | 8,970,000 | 8,460,000 | 8,767,000 | 8,804,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,596,000 | 3,174,000 | 4,760,000 | 6,299,000 |
| Interest expense | 703,000 | 1,437,000 | 2,124,000 | 2,774,000 |
| Net interest income | 893,000 | 1,737,000 | 2,636,000 | 3,525,000 |
| Noninterest income | 43,000 | 78,000 | 104,000 | 115,000 |
| Noninterest expense | 679,000 | 1,280,000 | 1,901,000 | 2,558,000 |
| Provision for loan losses | 8,000 | 1,087,000 | 1,093,000 | 1,199,000 |
| Pretax income | 249,000 | -554,000 | -184,000 | -45,000 |
| Income tax | 97,000 | -216,000 | -94,000 | -36,000 |
| Net income | 152,000 | -338,000 | -90,000 | -9,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,825,000 | 8,335,000 | 8,583,000 | 8,664,000 |
| Total capital | 9,246,000 | 8,898,000 | 9,163,000 | 9,196,000 |
| Risk-weighted assets | 48,546,000 | 49,899,000 | 49,911,000 | 50,009,000 |