Call reports 2013
MECHANICS SAVINGS BANK — 2013
What MECHANICS SAVINGS BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 346,202,000 | 351,326,000 | 361,233,000 | 359,243,000 |
| Total loans | 286,502,000 | 296,199,000 | 302,696,000 | 301,765,000 |
| Allowance for loan losses | 4,679,000 | 4,652,000 | 4,596,000 | 4,281,000 |
| Securities available for sale | 31,239,000 | 30,847,000 | 33,436,000 | 34,097,000 |
| Securities held to maturity | 11,596,000 | 11,599,000 | 11,601,000 | 11,603,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,993,000 | 262,686,000 | 272,382,000 | 265,009,000 |
| Interest-bearing deposits | 226,842,000 | 234,654,000 | 244,098,000 | 235,565,000 |
| Noninterest-bearing deposits | 30,151,000 | 28,032,000 | 28,284,000 | 29,444,000 |
| Equity capital | 35,720,000 | 35,629,000 | 36,106,000 | 38,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,866,000 | 7,719,000 | 11,756,000 | 15,679,000 |
| Interest expense | 709,000 | 1,381,000 | 1,969,000 | 2,539,000 |
| Net interest income | 3,157,000 | 6,338,000 | 9,787,000 | 13,140,000 |
| Noninterest income | 253,000 | 400,000 | 587,000 | 585,000 |
| Noninterest expense | 2,342,000 | 4,956,000 | 7,945,000 | 11,580,000 |
| Provision for loan losses | 432,000 | 632,000 | 707,000 | -2,031,000 |
| Pretax income | 636,000 | 1,161,000 | 1,756,000 | 4,224,000 |
| Income tax | 224,000 | 411,000 | 620,000 | 1,461,000 |
| Net income | 412,000 | 750,000 | 1,136,000 | 2,763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,588,000 | 37,932,000 | 38,323,000 | 39,955,000 |
| Total capital | 40,949,000 | 41,411,000 | 41,872,000 | 43,519,000 |
| Risk-weighted assets | 241,295,000 | 251,346,000 | 254,319,000 | 250,888,000 |