Call reports 2015
MECHANICS COOPERATIVE BANK — 2015
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 453,217,000 | 472,101,000 | 482,188,000 | 489,863,000 |
| Total loans | 362,931,000 | 379,050,000 | 386,656,000 | 394,500,000 |
| Allowance for loan losses | 3,034,000 | 3,049,000 | 2,975,000 | 3,332,000 |
| Securities available for sale | 65,815,000 | 68,199,000 | 64,271,000 | 68,552,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 386,625,000 | 387,876,000 | 388,646,000 | 390,503,000 |
| Interest-bearing deposits | 340,603,000 | 338,752,000 | 336,480,000 | 341,109,000 |
| Noninterest-bearing deposits | 46,022,000 | 49,124,000 | 52,166,000 | 49,394,000 |
| Equity capital | 38,462,000 | 39,098,000 | 40,165,000 | 40,774,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,798,000 | 9,668,000 | 14,674,000 | 19,828,000 |
| Interest expense | 737,000 | 1,454,000 | 2,157,000 | 2,875,000 |
| Net interest income | 4,061,000 | 8,214,000 | 12,517,000 | 16,953,000 |
| Noninterest income | 432,000 | 900,000 | 1,362,000 | 1,856,000 |
| Noninterest expense | 2,994,000 | 6,105,000 | 9,057,000 | 12,208,000 |
| Provision for loan losses | 144,000 | 185,000 | 284,000 | 741,000 |
| Pretax income | 1,361,000 | 2,942,000 | 4,701,000 | 6,023,000 |
| Income tax | 484,000 | 1,015,000 | 1,643,000 | 2,108,000 |
| Net income | 877,000 | 1,927,000 | 3,058,000 | 3,915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,710,000 | 39,761,000 | 40,892,000 | 41,748,000 |
| Total capital | 41,922,000 | 43,018,000 | 44,034,000 | 45,180,000 |
| Risk-weighted assets | 330,461,000 | 346,332,000 | 350,597,000 | 354,535,000 |