Call reports 2010
MECHANICS SAVINGS BANK — 2010
What MECHANICS SAVINGS BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 268,198,000 | 271,338,000 | 286,924,000 | 303,886,000 |
| Total loans | 252,617,000 | 251,201,000 | 264,314,000 | 275,746,000 |
| Allowance for loan losses | 8,370,000 | 8,162,000 | 8,348,000 | 8,843,000 |
| Securities available for sale | 4,026,000 | 8,265,000 | 13,928,000 | 19,250,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 208,374,000 | 214,769,000 | 212,489,000 | 215,036,000 |
| Interest-bearing deposits | 191,629,000 | 194,559,000 | 189,958,000 | 194,130,000 |
| Noninterest-bearing deposits | 16,744,000 | 20,209,000 | 22,531,000 | 20,905,000 |
| Equity capital | 32,023,000 | 32,348,000 | 32,557,000 | 32,520,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,022,000 | 7,974,000 | 12,051,000 | 16,230,000 |
| Interest expense | 1,118,000 | 2,193,000 | 3,240,000 | 4,278,000 |
| Net interest income | 2,904,000 | 5,781,000 | 8,811,000 | 11,952,000 |
| Noninterest income | 272,000 | 638,000 | 921,000 | 1,261,000 |
| Noninterest expense | 2,395,000 | 4,929,000 | 7,686,000 | 9,945,000 |
| Provision for loan losses | 461,000 | 585,000 | 935,000 | 1,777,000 |
| Pretax income | 320,000 | 905,000 | 1,111,000 | 1,491,000 |
| Income tax | 114,000 | 325,000 | 394,000 | 528,000 |
| Net income | 206,000 | 580,000 | 717,000 | 963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,684,000 | 32,033,000 | 32,230,000 | 32,282,000 |
| Total capital | 34,373,000 | 34,773,000 | 35,137,000 | 35,342,000 |
| Risk-weighted assets | 201,455,000 | 206,608,000 | 216,009,000 | 226,347,000 |