Call reports 2005
MECHANICS COOPERATIVE BANK — 2005
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 158,965,000 | 164,196,000 | 168,734,000 | 171,424,000 |
| Total loans | 76,025,000 | 82,625,000 | 87,131,000 | 88,071,000 |
| Allowance for loan losses | 770,000 | 787,000 | 802,000 | 815,000 |
| Securities available for sale | 73,196,000 | 71,867,000 | 69,332,000 | 67,882,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,512,000 | 107,812,000 | 106,332,000 | 107,388,000 |
| Interest-bearing deposits | 96,283,000 | 98,577,000 | 96,073,000 | 97,291,000 |
| Noninterest-bearing deposits | 8,229,000 | 9,235,000 | 10,259,000 | 10,097,000 |
| Equity capital | 11,620,000 | 12,071,000 | 12,070,000 | 12,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,886,000 | 3,909,000 | 6,082,000 | 8,435,000 |
| Interest expense | 716,000 | 1,492,000 | 2,383,000 | 3,431,000 |
| Net interest income | 1,170,000 | 2,417,000 | 3,699,000 | 5,004,000 |
| Noninterest income | 83,000 | 170,000 | 232,000 | 302,000 |
| Noninterest expense | 1,003,000 | 2,056,000 | 3,051,000 | 4,184,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 60,000 |
| Pretax income | 235,000 | 501,000 | 835,000 | 1,062,000 |
| Income tax | 66,000 | 150,000 | 264,000 | 342,000 |
| Net income | 169,000 | 351,000 | 571,000 | 720,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,204,000 | 12,385,000 | 12,606,000 | 12,763,000 |
| Total capital | 12,974,000 | 13,172,000 | 13,408,000 | 13,578,000 |
| Risk-weighted assets | 80,911,000 | 87,810,000 | 93,679,000 | 94,359,000 |