Call reports 2006
MECHANICS COOPERATIVE BANK — 2006
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 166,731,000 | 169,092,000 | 167,779,000 | 162,831,000 |
| Total loans | 92,210,000 | 95,300,000 | 94,264,000 | 91,440,000 |
| Allowance for loan losses | 845,000 | 875,000 | 905,000 | 940,000 |
| Securities available for sale | 60,323,000 | 59,015,000 | 59,453,000 | 57,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,656,000 | 108,893,000 | 109,921,000 | 109,984,000 |
| Interest-bearing deposits | 97,149,000 | 99,076,000 | 100,613,000 | 100,494,000 |
| Noninterest-bearing deposits | 9,507,000 | 9,817,000 | 9,308,000 | 9,490,000 |
| Equity capital | 12,067,000 | 12,060,000 | 12,774,000 | 13,281,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,373,000 | 4,798,000 | 7,269,000 | 9,822,000 |
| Interest expense | 1,079,000 | 2,215,000 | 3,420,000 | 4,651,000 |
| Net interest income | 1,294,000 | 2,583,000 | 3,849,000 | 5,171,000 |
| Noninterest income | 65,000 | 120,000 | 200,000 | 275,000 |
| Noninterest expense | 1,021,000 | 2,107,000 | 2,940,000 | 3,948,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 257,000 | 485,000 | 968,000 | 1,327,000 |
| Income tax | 188,000 | 301,000 | 471,000 | 476,000 |
| Net income | 69,000 | 184,000 | 497,000 | 851,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,831,000 | 12,947,000 | 13,261,000 | 13,613,000 |
| Total capital | 13,676,000 | 13,822,000 | 14,166,000 | 14,553,000 |
| Risk-weighted assets | 97,808,000 | 101,069,000 | 99,709,000 | 98,895,000 |