Call reports 2016
MECHANICS SAVINGS BANK — 2016
What MECHANICS SAVINGS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 378,631,000 | 384,740,000 | 381,495,000 | 382,632,000 |
| Total loans | 324,816,000 | 329,766,000 | 328,188,000 | 327,283,000 |
| Allowance for loan losses | 4,112,000 | 3,783,000 | 3,729,000 | 3,577,000 |
| Securities available for sale | 26,535,000 | 31,236,000 | 33,379,000 | 33,925,000 |
| Securities held to maturity | 9,126,000 | 4,758,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,158,000 | 263,792,000 | 262,230,000 | 267,933,000 |
| Interest-bearing deposits | 224,882,000 | 223,731,000 | 221,031,000 | 228,528,000 |
| Noninterest-bearing deposits | 37,276,000 | 40,061,000 | 41,199,000 | 39,405,000 |
| Equity capital | 43,113,000 | 44,078,000 | 44,709,000 | 44,939,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,102,000 | 8,230,000 | 12,291,000 | 16,388,000 |
| Interest expense | 593,000 | 1,181,000 | 1,795,000 | 2,406,000 |
| Net interest income | 3,509,000 | 7,049,000 | 10,496,000 | 13,982,000 |
| Noninterest income | 259,000 | 480,000 | 726,000 | 949,000 |
| Noninterest expense | 2,678,000 | 5,390,000 | 8,028,000 | 10,799,000 |
| Provision for loan losses | 205,000 | 15,000 | 0 | -150,000 |
| Pretax income | 886,000 | 2,136,000 | 3,216,000 | 4,304,000 |
| Income tax | 305,000 | 735,000 | 1,104,000 | 1,487,000 |
| Net income | 581,000 | 1,401,000 | 2,112,000 | 2,817,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,404,000 | 45,224,000 | 45,934,000 | 46,641,000 |
| Total capital | 48,248,000 | 49,163,000 | 50,010,000 | 50,748,000 |
| Risk-weighted assets | 266,125,000 | 270,600,000 | 283,181,000 | 284,914,000 |