Call reports 2013
MECHANICS COOPERATIVE BANK — 2013
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 417,977,000 | 418,945,000 | 420,092,000 | 435,899,000 |
| Total loans | 300,359,000 | 301,980,000 | 309,142,000 | 330,246,000 |
| Allowance for loan losses | 2,452,000 | 2,518,000 | 2,550,000 | 2,561,000 |
| Securities available for sale | 92,096,000 | 87,957,000 | 78,449,000 | 80,989,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 374,070,000 | 376,488,000 | 377,687,000 | 379,189,000 |
| Interest-bearing deposits | 344,213,000 | 341,904,000 | 344,146,000 | 344,854,000 |
| Noninterest-bearing deposits | 29,857,000 | 34,584,000 | 33,541,000 | 34,335,000 |
| Equity capital | 33,381,000 | 33,378,000 | 33,155,000 | 32,856,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,370,000 | 8,783,000 | 13,149,000 | 17,685,000 |
| Interest expense | 1,124,000 | 2,219,000 | 3,292,000 | 4,337,000 |
| Net interest income | 3,246,000 | 6,564,000 | 9,857,000 | 13,348,000 |
| Noninterest income | 440,000 | 869,000 | 1,287,000 | 1,712,000 |
| Noninterest expense | 2,633,000 | 5,259,000 | 7,853,000 | 10,649,000 |
| Provision for loan losses | 99,000 | 193,000 | 261,000 | 292,000 |
| Pretax income | 954,000 | 2,024,000 | 3,142,000 | 4,289,000 |
| Income tax | 360,000 | 742,000 | 1,166,000 | 1,600,000 |
| Net income | 594,000 | 1,282,000 | 1,976,000 | 2,689,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,270,000 | 32,957,000 | 33,652,000 | 34,368,000 |
| Total capital | 34,847,000 | 35,602,000 | 36,316,000 | 37,164,000 |
| Risk-weighted assets | 279,603,000 | 278,521,000 | 281,572,000 | 307,182,000 |