Call reports 2019
MECHANICS COOPERATIVE BANK — 2019
What MECHANICS COOPERATIVE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 585,198,000 | 583,261,000 | 611,946,000 | 605,422,000 |
| Total loans | 484,103,000 | 477,377,000 | 504,232,000 | 499,919,000 |
| Allowance for loan losses | 3,535,000 | 3,527,000 | 3,523,000 | 3,523,000 |
| Securities available for sale | 69,285,000 | 71,892,000 | 71,034,000 | 74,301,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 440,292,000 | 443,243,000 | 446,631,000 | 452,099,000 |
| Interest-bearing deposits | 373,512,000 | 371,252,000 | 369,886,000 | 381,243,000 |
| Noninterest-bearing deposits | 66,780,000 | 71,991,000 | 76,745,000 | 70,856,000 |
| Equity capital | 56,970,000 | 58,495,000 | 60,375,000 | 62,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 6,629,000 | 13,447,000 | 20,578,000 | 27,643,000 |
| Interest expense | 1,689,000 | 3,414,000 | 5,161,000 | 6,885,000 |
| Net interest income | 4,940,000 | 10,033,000 | 15,417,000 | 20,758,000 |
| Noninterest income | 416,000 | 899,000 | 1,421,000 | 1,889,000 |
| Noninterest expense | 3,709,000 | 7,353,000 | 10,653,000 | 14,041,000 |
| Provision for loan losses | 8,000 | 0 | 4,000 | 4,000 |
| Pretax income | 1,639,000 | 3,579,000 | 6,181,000 | 8,602,000 |
| Income tax | 402,000 | 906,000 | 1,585,000 | 2,217,000 |
| Net income | 1,237,000 | 2,673,000 | 4,596,000 | 6,385,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,928,000 | 59,363,000 | 61,286,000 | 63,076,000 |
| Total capital | 61,830,000 | 63,320,000 | 65,221,000 | 66,958,000 |
| Risk-weighted assets | 418,042,000 | 411,976,000 | 432,795,000 | 426,429,000 |