Call reports 2007
MECHANICS SAVINGS BANK — 2007
What MECHANICS SAVINGS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 258,001,000 | 259,256,000 | 264,781,000 | 262,788,000 |
| Total loans | 227,259,000 | 224,810,000 | 233,599,000 | 232,412,000 |
| Allowance for loan losses | 2,627,000 | 2,735,000 | 3,064,000 | 3,550,000 |
| Securities available for sale | 17,512,000 | 18,102,000 | 20,348,000 | 19,788,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 1,201,000 | 2,412,000 | 2,567,000 | 2,854,000 |
| Total deposits | 216,423,000 | 222,034,000 | 216,668,000 | 207,412,000 |
| Interest-bearing deposits | 208,833,000 | 211,699,000 | 206,833,000 | 199,698,000 |
| Noninterest-bearing deposits | 7,590,000 | 10,335,000 | 9,835,000 | 7,714,000 |
| Equity capital | 34,298,000 | 34,911,000 | 35,529,000 | 35,292,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,472,000 | 8,994,000 | 13,526,000 | 18,145,000 |
| Interest expense | 2,273,000 | 4,560,000 | 6,897,000 | 9,243,000 |
| Net interest income | 2,199,000 | 4,434,000 | 6,629,000 | 8,902,000 |
| Noninterest income | 348,000 | 865,000 | 1,321,000 | 1,696,000 |
| Noninterest expense | 1,930,000 | 3,909,000 | 5,929,000 | 7,879,000 |
| Provision for loan losses | 165,000 | 330,000 | 925,000 | 1,630,000 |
| Pretax income | 751,000 | 1,373,000 | 1,937,000 | 2,043,000 |
| Income tax | 250,000 | 457,000 | 646,000 | 646,000 |
| Net income | 501,000 | 916,000 | 1,291,000 | 1,397,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,453,000 | 31,867,000 | 32,242,000 | 31,926,000 |
| Total capital | 35,669,000 | 36,216,000 | 36,807,000 | 36,477,000 |
| Risk-weighted assets | 181,816,000 | 179,459,000 | 186,679,000 | 183,589,000 |