Call reports 2009
MECHANICS COOPERATIVE BANK — 2009
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 335,701,000 | 350,528,000 | 362,010,000 | 373,359,000 |
| Total loans | 178,499,000 | 188,164,000 | 187,960,000 | 192,208,000 |
| Allowance for loan losses | 1,656,000 | 1,746,000 | 2,252,000 | 2,487,000 |
| Securities available for sale | 132,747,000 | 134,977,000 | 129,538,000 | 146,921,000 |
| Securities held to maturity | 0 | 3,360,000 | 3,353,000 | 3,342,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,279,000 | 273,474,000 | 288,790,000 | 303,627,000 |
| Interest-bearing deposits | 245,125,000 | 256,790,000 | 272,368,000 | 286,900,000 |
| Noninterest-bearing deposits | 16,154,000 | 16,684,000 | 16,422,000 | 16,727,000 |
| Equity capital | 25,030,000 | 26,703,000 | 27,607,000 | 27,726,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 4,367,000 | 8,912,000 | 13,418,000 | 17,997,000 |
| Interest expense | 1,844,000 | 3,743,000 | 5,632,000 | 7,511,000 |
| Net interest income | 2,523,000 | 5,169,000 | 7,786,000 | 10,486,000 |
| Noninterest income | 290,000 | 712,000 | 1,065,000 | 1,397,000 |
| Noninterest expense | 2,070,000 | 4,533,000 | 7,200,000 | 9,417,000 |
| Provision for loan losses | 112,000 | 229,000 | 229,000 | 292,000 |
| Pretax income | 605,000 | 953,000 | 1,114,000 | 839,000 |
| Income tax | 202,000 | 315,000 | 350,000 | 697,000 |
| Net income | 403,000 | 638,000 | 764,000 | 142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,356,000 | 25,951,000 | 26,369,000 | 26,394,000 |
| Total capital | 27,012,000 | 27,697,000 | 28,621,000 | 28,929,000 |
| Risk-weighted assets | 183,904,000 | 188,538,000 | 194,271,000 | 203,207,000 |