Call reports 2002
MECHANICS BANK — 2002
What MECHANICS BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 296,519,000 | 301,840,000 | 301,878,000 | 304,979,000 |
| Total loans | 236,733,000 | 235,768,000 | 234,051,000 | 230,405,000 |
| Allowance for loan losses | 1,474,000 | 1,527,000 | 1,573,000 | 1,624,000 |
| Securities available for sale | 14,155,000 | 13,295,000 | 12,171,000 | 10,624,000 |
| Securities held to maturity | 6,679,000 | 7,611,000 | 9,191,000 | 9,932,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 274,222,000 | 279,480,000 | 280,151,000 | 282,810,000 |
| Interest-bearing deposits | 266,034,000 | 269,612,000 | 270,258,000 | 272,396,000 |
| Noninterest-bearing deposits | 8,188,000 | 9,868,000 | 9,893,000 | 10,414,000 |
| Equity capital | 21,822,000 | 21,993,000 | 21,357,000 | 21,519,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,641,000 | 9,231,000 | 13,773,000 | 18,132,000 |
| Interest expense | 1,972,000 | 3,764,000 | 5,487,000 | 7,072,000 |
| Net interest income | 2,669,000 | 5,467,000 | 8,286,000 | 11,060,000 |
| Noninterest income | 144,000 | 296,000 | 458,000 | 637,000 |
| Noninterest expense | 1,608,000 | 3,448,000 | 5,096,000 | 6,996,000 |
| Provision for loan losses | 56,000 | 147,000 | 200,000 | 263,000 |
| Pretax income | 1,149,000 | 2,168,000 | 3,448,000 | 4,438,000 |
| Income tax | 372,000 | 698,000 | 1,110,000 | 1,422,000 |
| Net income | 777,000 | 1,470,000 | 2,338,000 | 3,016,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,728,000 | 21,911,000 | 21,289,000 | 21,468,000 |
| Total capital | 23,202,000 | 23,438,000 | 22,862,000 | 23,092,000 |
| Risk-weighted assets | 159,951,000 | 159,438,000 | 159,834,000 | 158,008,000 |