Call reports 2012
MECHANICS COOPERATIVE BANK — 2012
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 400,267,000 | 406,633,000 | 412,016,000 | 414,625,000 |
| Total loans | 253,297,000 | 259,903,000 | 276,651,000 | 289,885,000 |
| Allowance for loan losses | 2,389,000 | 2,321,000 | 2,344,000 | 2,391,000 |
| Securities available for sale | 113,085,000 | 116,396,000 | 106,966,000 | 94,569,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 355,513,000 | 361,887,000 | 367,727,000 | 370,435,000 |
| Interest-bearing deposits | 329,402,000 | 334,763,000 | 339,427,000 | 341,152,000 |
| Noninterest-bearing deposits | 26,111,000 | 27,124,000 | 28,300,000 | 29,283,000 |
| Equity capital | 30,880,000 | 31,287,000 | 32,322,000 | 32,922,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 4,243,000 | 8,750,000 | 13,211,000 | 17,619,000 |
| Interest expense | 1,271,000 | 2,506,000 | 3,717,000 | 4,891,000 |
| Net interest income | 2,972,000 | 6,244,000 | 9,494,000 | 12,728,000 |
| Noninterest income | 404,000 | 884,000 | 1,300,000 | 1,995,000 |
| Noninterest expense | 2,551,000 | 5,082,000 | 7,477,000 | 10,117,000 |
| Provision for loan losses | 100,000 | 145,000 | 282,000 | 299,000 |
| Pretax income | 725,000 | 1,901,000 | 3,035,000 | 4,306,000 |
| Income tax | 243,000 | 689,000 | 1,099,000 | 1,566,000 |
| Net income | 482,000 | 1,212,000 | 1,936,000 | 2,740,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,420,000 | 30,150,000 | 30,874,000 | 31,675,000 |
| Total capital | 31,953,000 | 32,678,000 | 33,374,000 | 34,191,000 |
| Risk-weighted assets | 245,134,000 | 254,230,000 | 266,652,000 | 275,194,000 |