Call reports 2007
MECHANICS COOPERATIVE BANK — 2007
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 164,488,000 | 169,260,000 | 169,314,000 | 186,611,000 |
| Total loans | 95,490,000 | 99,618,000 | 99,808,000 | 109,868,000 |
| Allowance for loan losses | 946,000 | 963,000 | 994,000 | 1,136,000 |
| Securities available for sale | 58,050,000 | 54,824,000 | 54,690,000 | 61,012,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,443,000 | 114,912,000 | 117,581,000 | 132,479,000 |
| Interest-bearing deposits | 104,753,000 | 104,966,000 | 107,767,000 | 122,221,000 |
| Noninterest-bearing deposits | 9,690,000 | 9,946,000 | 9,814,000 | 10,258,000 |
| Equity capital | 13,642,000 | 13,746,000 | 14,131,000 | 15,579,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 2,423,000 | 4,981,000 | 7,620,000 | 10,404,000 |
| Interest expense | 1,207,000 | 2,480,000 | 3,816,000 | 5,193,000 |
| Net interest income | 1,216,000 | 2,501,000 | 3,804,000 | 5,211,000 |
| Noninterest income | 98,000 | 210,000 | 334,000 | 516,000 |
| Noninterest expense | 1,026,000 | 2,103,000 | 3,259,000 | 4,867,000 |
| Provision for loan losses | 15,000 | 30,000 | 60,000 | 90,000 |
| Pretax income | 273,000 | 578,000 | 801,000 | 749,000 |
| Income tax | 93,000 | 199,000 | 276,000 | 261,000 |
| Net income | 180,000 | 379,000 | 525,000 | 488,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,794,000 | 13,993,000 | 14,138,000 | 15,465,000 |
| Total capital | 14,740,000 | 14,956,000 | 15,132,000 | 16,601,000 |
| Risk-weighted assets | 101,256,000 | 106,521,000 | 107,221,000 | 116,204,000 |