Call reports 2014
MECHANICS COOPERATIVE BANK — 2014
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 444,977,000 | 440,844,000 | 443,032,000 | 452,208,000 |
| Total loans | 348,925,000 | 347,811,000 | 352,724,000 | 361,754,000 |
| Allowance for loan losses | 3,017,000 | 2,701,000 | 2,715,000 | 2,884,000 |
| Securities available for sale | 66,444,000 | 68,387,000 | 65,104,000 | 65,931,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 388,153,000 | 379,911,000 | 385,182,000 | 378,376,000 |
| Interest-bearing deposits | 345,662,000 | 338,517,000 | 344,050,000 | 337,427,000 |
| Noninterest-bearing deposits | 42,491,000 | 41,394,000 | 41,132,000 | 40,949,000 |
| Equity capital | 34,021,000 | 35,187,000 | 36,032,000 | 37,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 4,582,000 | 9,268,000 | 13,971,000 | 18,770,000 |
| Interest expense | 982,000 | 1,908,000 | 2,810,000 | 3,624,000 |
| Net interest income | 3,600,000 | 7,360,000 | 11,161,000 | 15,146,000 |
| Noninterest income | 389,000 | 831,000 | 1,304,000 | 1,819,000 |
| Noninterest expense | 2,701,000 | 5,587,000 | 8,323,000 | 11,256,000 |
| Provision for loan losses | 478,000 | 451,000 | 508,000 | 755,000 |
| Pretax income | 1,115,000 | 2,458,000 | 3,944,000 | 5,266,000 |
| Income tax | 390,000 | 889,000 | 1,446,000 | 1,831,000 |
| Net income | 725,000 | 1,569,000 | 2,498,000 | 3,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,095,000 | 35,942,000 | 36,875,000 | 37,812,000 |
| Total capital | 38,226,000 | 38,876,000 | 39,766,000 | 40,856,000 |
| Risk-weighted assets | 317,524,000 | 319,161,000 | 316,282,000 | 324,339,000 |