Call reports 2018
MECHANICS SAVINGS BANK — 2018
What MECHANICS SAVINGS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 402,690,000 | 403,993,000 | 407,979,000 | 412,622,000 |
| Total loans | 345,431,000 | 346,787,000 | 350,585,000 | 350,396,000 |
| Allowance for loan losses | 3,211,000 | 3,021,000 | 2,934,000 | 2,801,000 |
| Securities available for sale | 38,335,000 | 39,576,000 | 39,293,000 | 41,424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,392,000 | 299,400,000 | 300,177,000 | 299,741,000 |
| Interest-bearing deposits | 242,209,000 | 248,537,000 | 249,166,000 | 249,248,000 |
| Noninterest-bearing deposits | 44,183,000 | 50,863,000 | 51,011,000 | 50,493,000 |
| Equity capital | 48,088,000 | 49,047,000 | 49,922,000 | 51,309,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,365,000 | 8,875,000 | 13,427,000 | 18,073,000 |
| Interest expense | 774,000 | 1,662,000 | 2,571,000 | 3,547,000 |
| Net interest income | 3,591,000 | 7,213,000 | 10,856,000 | 14,526,000 |
| Noninterest income | 215,000 | 461,000 | 754,000 | 1,030,000 |
| Noninterest expense | 2,881,000 | 5,563,000 | 8,368,000 | 10,873,000 |
| Provision for loan losses | -100,000 | -275,000 | -275,000 | -395,000 |
| Pretax income | 1,025,000 | 2,386,000 | 3,517,000 | 5,078,000 |
| Income tax | 219,000 | 512,000 | 755,000 | 1,094,000 |
| Net income | 806,000 | 1,874,000 | 2,762,000 | 3,984,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,050,000 | 51,119,000 | 52,004,000 | 53,228,000 |
| Total capital | 54,114,000 | 54,985,000 | 55,841,000 | 56,847,000 |
| Risk-weighted assets | 315,379,000 | 320,815,000 | 325,224,000 | 329,834,000 |