Call reports 2011
MECHANICS COOPERATIVE BANK — 2011
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 375,798,000 | 379,827,000 | 379,366,000 | 386,387,000 |
| Total loans | 239,420,000 | 246,704,000 | 246,439,000 | 250,910,000 |
| Allowance for loan losses | 2,728,000 | 2,766,000 | 2,451,000 | 2,438,000 |
| Securities available for sale | 106,511,000 | 100,914,000 | 101,527,000 | 104,525,000 |
| Securities held to maturity | 3,320,000 | 3,320,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 318,094,000 | 331,893,000 | 333,134,000 | 340,361,000 |
| Interest-bearing deposits | 298,289,000 | 308,923,000 | 311,580,000 | 316,418,000 |
| Noninterest-bearing deposits | 19,805,000 | 22,970,000 | 21,554,000 | 23,943,000 |
| Equity capital | 30,181,000 | 30,776,000 | 30,457,000 | 30,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,298,000 | 8,650,000 | 12,818,000 | 17,064,000 |
| Interest expense | 1,402,000 | 2,745,000 | 4,067,000 | 5,376,000 |
| Net interest income | 2,896,000 | 5,905,000 | 8,751,000 | 11,688,000 |
| Noninterest income | 335,000 | 646,000 | 1,028,000 | 1,510,000 |
| Noninterest expense | 2,510,000 | 5,030,000 | 7,845,000 | 10,448,000 |
| Provision for loan losses | 172,000 | 311,000 | 360,000 | 1,773,000 |
| Pretax income | 549,000 | 1,210,000 | 1,647,000 | 930,000 |
| Income tax | 175,000 | 373,000 | 509,000 | 248,000 |
| Net income | 374,000 | 837,000 | 1,138,000 | 682,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,885,000 | 29,353,000 | 29,347,000 | 28,884,000 |
| Total capital | 31,701,000 | 32,219,000 | 31,933,000 | 31,479,000 |
| Risk-weighted assets | 239,878,000 | 239,292,000 | 243,907,000 | 248,828,000 |