Call reports 2018
MECHANICS COOPERATIVE BANK — 2018
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 577,217,000 | 572,556,000 | 585,100,000 | 575,069,000 |
| Total loans | 477,322,000 | 471,447,000 | 475,303,000 | 473,332,000 |
| Allowance for loan losses | 3,277,000 | 3,270,000 | 3,271,000 | 3,512,000 |
| Securities available for sale | 67,120,000 | 69,739,000 | 69,245,000 | 68,590,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 429,353,000 | 435,061,000 | 445,767,000 | 433,461,000 |
| Interest-bearing deposits | 366,434,000 | 368,474,000 | 376,881,000 | 366,935,000 |
| Noninterest-bearing deposits | 62,919,000 | 66,587,000 | 68,886,000 | 66,526,000 |
| Equity capital | 50,743,000 | 52,522,000 | 54,001,000 | 55,651,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 6,194,000 | 12,935,000 | 19,441,000 | 26,226,000 |
| Interest expense | 1,216,000 | 2,555,000 | 3,931,000 | 5,479,000 |
| Net interest income | 4,978,000 | 10,380,000 | 15,510,000 | 20,747,000 |
| Noninterest income | 395,000 | 802,000 | 1,328,000 | 1,744,000 |
| Noninterest expense | 3,449,000 | 6,801,000 | 10,157,000 | 13,746,000 |
| Provision for loan losses | 176,000 | 171,000 | 172,000 | 413,000 |
| Pretax income | 1,748,000 | 4,210,000 | 6,509,000 | 8,332,000 |
| Income tax | 437,000 | 1,023,000 | 1,614,000 | 2,074,000 |
| Net income | 1,311,000 | 3,187,000 | 4,895,000 | 6,258,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,743,000 | 53,620,000 | 55,328,000 | 56,691,000 |
| Total capital | 55,441,000 | 57,217,000 | 58,991,000 | 60,561,000 |
| Risk-weighted assets | 419,729,000 | 411,392,000 | 414,364,000 | 409,605,000 |