Call reports 2014
MECHANICS SAVINGS BANK — 2014
What MECHANICS SAVINGS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 362,848,000 | 360,228,000 | 370,097,000 | 373,647,000 |
| Total loans | 304,174,000 | 306,446,000 | 309,641,000 | 311,985,000 |
| Allowance for loan losses | 4,369,000 | 4,310,000 | 4,538,000 | 4,415,000 |
| Securities available for sale | 32,684,000 | 29,528,000 | 36,043,000 | 36,724,000 |
| Securities held to maturity | 11,606,000 | 11,608,000 | 11,610,000 | 11,713,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 256,957,000 | 254,650,000 | 261,218,000 | 250,596,000 |
| Interest-bearing deposits | 229,266,000 | 225,642,000 | 227,946,000 | 219,512,000 |
| Noninterest-bearing deposits | 27,691,000 | 29,008,000 | 33,272,000 | 31,084,000 |
| Equity capital | 39,271,000 | 40,353,000 | 40,722,000 | 39,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,982,000 | 7,931,000 | 12,054,000 | 16,122,000 |
| Interest expense | 548,000 | 1,113,000 | 1,673,000 | 2,226,000 |
| Net interest income | 3,434,000 | 6,818,000 | 10,381,000 | 13,896,000 |
| Noninterest income | 169,000 | 256,000 | 439,000 | 629,000 |
| Noninterest expense | 2,603,000 | 4,714,000 | 7,350,000 | 10,420,000 |
| Provision for loan losses | 250,000 | 450,000 | 850,000 | 960,000 |
| Pretax income | 792,000 | 1,976,000 | 2,715,000 | 3,240,000 |
| Income tax | 276,000 | 689,000 | 946,000 | 1,153,000 |
| Net income | 516,000 | 1,287,000 | 1,769,000 | 2,087,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,478,000 | 41,256,000 | 41,744,000 | 42,067,000 |
| Total capital | 44,047,000 | 44,921,000 | 45,474,000 | 45,844,000 |
| Risk-weighted assets | 253,146,000 | 256,359,000 | 260,101,000 | 261,006,000 |