Call reports 2006
MECHANICS SAVINGS BANK — 2006
What MECHANICS SAVINGS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 247,400,000 | 254,466,000 | 256,402,000 | 259,642,000 |
| Total loans | 216,069,000 | 223,867,000 | 225,935,000 | 231,164,000 |
| Allowance for loan losses | 2,222,000 | 2,204,000 | 2,362,000 | 2,547,000 |
| Securities available for sale | 21,192,000 | 20,593,000 | 18,832,000 | 17,112,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 1,013,000 | 1,125,000 |
| Total deposits | 207,308,000 | 205,669,000 | 205,476,000 | 216,460,000 |
| Interest-bearing deposits | 199,394,000 | 196,739,000 | 195,821,000 | 205,608,000 |
| Noninterest-bearing deposits | 7,914,000 | 8,930,000 | 9,655,000 | 10,852,000 |
| Equity capital | 31,886,000 | 32,523,000 | 33,057,000 | 33,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,087,000 | 8,453,000 | 12,997,000 | 17,479,000 |
| Interest expense | 1,935,000 | 4,012,000 | 6,280,000 | 8,597,000 |
| Net interest income | 2,152,000 | 4,441,000 | 6,717,000 | 8,882,000 |
| Noninterest income | 238,000 | 570,000 | 951,000 | 1,392,000 |
| Noninterest expense | 1,838,000 | 3,683,000 | 5,574,000 | 7,435,000 |
| Provision for loan losses | 129,000 | 258,000 | 542,000 | 878,000 |
| Pretax income | 423,000 | 1,178,000 | 1,742,000 | 2,395,000 |
| Income tax | 150,000 | 416,000 | 617,000 | 768,000 |
| Net income | 273,000 | 762,000 | 1,125,000 | 1,627,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,611,000 | 30,097,000 | 30,452,000 | 30,952,000 |
| Total capital | 33,417,000 | 34,066,000 | 34,525,000 | 35,259,000 |
| Risk-weighted assets | 175,353,000 | 178,931,000 | 182,586,000 | 184,904,000 |