Call reports 2004
MECHANICS COOPERATIVE BANK — 2004
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 136,802,000 | 154,799,000 | 158,088,000 | 163,210,000 |
| Total loans | 64,048,000 | 67,069,000 | 71,986,000 | 76,810,000 |
| Allowance for loan losses | 734,000 | 748,000 | 752,000 | 755,000 |
| Securities available for sale | 65,075,000 | 78,492,000 | 73,656,000 | 73,991,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,161,000 | 106,441,000 | 107,960,000 | 107,921,000 |
| Interest-bearing deposits | 94,920,000 | 96,138,000 | 98,080,000 | 97,549,000 |
| Noninterest-bearing deposits | 8,241,000 | 10,303,000 | 9,880,000 | 10,372,000 |
| Equity capital | 11,245,000 | 10,885,000 | 11,462,000 | 11,782,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,718,000 | 3,481,000 | 5,351,000 | 7,224,000 |
| Interest expense | 474,000 | 992,000 | 1,588,000 | 2,244,000 |
| Net interest income | 1,244,000 | 2,489,000 | 3,763,000 | 4,980,000 |
| Noninterest income | 66,000 | 137,000 | 233,000 | 313,000 |
| Noninterest expense | 908,000 | 1,799,000 | 2,652,000 | 3,579,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 12,000 |
| Pretax income | 399,000 | 821,000 | 1,334,000 | 1,702,000 |
| Income tax | 144,000 | 283,000 | 470,000 | 595,000 |
| Net income | 255,000 | 538,000 | 864,000 | 1,107,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,176,000 | 11,465,000 | 11,791,000 | 12,035,000 |
| Total capital | 11,910,000 | 12,213,000 | 12,543,000 | 12,790,000 |
| Risk-weighted assets | 63,866,000 | 70,362,000 | 74,539,000 | 80,462,000 |