Call reports 2019
MECHANICS SAVINGS BANK — 2019
What MECHANICS SAVINGS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 412,619,000 | 426,165,000 | 423,326,000 | 424,705,000 |
| Total loans | 350,274,000 | 363,959,000 | 358,673,000 | 359,251,000 |
| Allowance for loan losses | 2,844,000 | 2,885,000 | 2,961,000 | 2,993,000 |
| Securities available for sale | 40,752,000 | 38,423,000 | 41,176,000 | 44,937,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 304,642,000 | 313,819,000 | 324,980,000 | 321,672,000 |
| Interest-bearing deposits | 254,820,000 | 261,877,000 | 272,508,000 | 267,922,000 |
| Noninterest-bearing deposits | 49,822,000 | 51,942,000 | 52,472,000 | 53,750,000 |
| Equity capital | 52,625,000 | 53,722,000 | 54,934,000 | 55,943,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 4,642,000 | 9,403,000 | 14,320,000 | 18,975,000 |
| Interest expense | 1,078,000 | 2,299,000 | 3,520,000 | 4,660,000 |
| Net interest income | 3,564,000 | 7,104,000 | 10,800,000 | 14,315,000 |
| Noninterest income | 229,000 | 544,000 | 889,000 | 1,192,000 |
| Noninterest expense | 2,868,000 | 5,665,000 | 8,386,000 | 10,947,000 |
| Provision for loan losses | 50,000 | 100,000 | 162,000 | 225,000 |
| Pretax income | 1,183,000 | 2,288,000 | 3,580,000 | 4,897,000 |
| Income tax | 236,000 | 455,000 | 713,000 | 977,000 |
| Net income | 947,000 | 1,833,000 | 2,867,000 | 3,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,088,000 | 55,974,000 | 57,007,000 | 58,061,000 |
| Total capital | 58,230,000 | 59,157,000 | 60,266,000 | 61,302,000 |
| Risk-weighted assets | 331,370,000 | 340,658,000 | 337,306,000 | 340,352,000 |