Call reports 2011
MECHANICS SAVINGS BANK — 2011
What MECHANICS SAVINGS BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 314,270,000 | 316,273,000 | 324,671,000 | 334,380,000 |
| Total loans | 276,007,000 | 276,120,000 | 280,200,000 | 286,304,000 |
| Allowance for loan losses | 9,203,000 | 8,961,000 | 8,674,000 | 8,084,000 |
| Securities available for sale | 22,887,000 | 26,183,000 | 31,018,000 | 33,336,000 |
| Securities held to maturity | 0 | 0 | 3,999,000 | 4,999,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 239,640,000 | 238,641,000 | 233,126,000 | 248,320,000 |
| Interest-bearing deposits | 220,054,000 | 215,788,000 | 209,139,000 | 223,074,000 |
| Noninterest-bearing deposits | 19,585,000 | 22,853,000 | 23,987,000 | 25,246,000 |
| Equity capital | 32,840,000 | 33,489,000 | 34,249,000 | 33,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,105,000 | 8,326,000 | 12,560,000 | 16,742,000 |
| Interest expense | 1,022,000 | 2,065,000 | 3,026,000 | 3,949,000 |
| Net interest income | 3,083,000 | 6,261,000 | 9,534,000 | 12,793,000 |
| Noninterest income | 302,000 | 524,000 | 827,000 | 1,015,000 |
| Noninterest expense | 2,687,000 | 5,154,000 | 7,750,000 | 10,628,000 |
| Provision for loan losses | 450,000 | 750,000 | 750,000 | 781,000 |
| Pretax income | 248,000 | 881,000 | 1,861,000 | 2,422,000 |
| Income tax | 20,000 | 237,000 | 587,000 | 786,000 |
| Net income | 228,000 | 644,000 | 1,274,000 | 1,636,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,513,000 | 32,933,000 | 33,582,000 | 33,089,000 |
| Total capital | 35,613,000 | 36,101,000 | 36,815,000 | 36,443,000 |
| Risk-weighted assets | 227,136,000 | 230,074,000 | 237,307,000 | 242,345,000 |