Call reports 2003
MECHANICS BANK — 2003
What MECHANICS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 303,949,000 | 309,636,000 | 306,887,000 | 310,504,000 |
| Total loans | 226,945,000 | 228,850,000 | 227,978,000 | 229,473,000 |
| Allowance for loan losses | 1,663,000 | 1,708,000 | 1,754,000 | 1,798,000 |
| Securities available for sale | 9,336,000 | 7,355,000 | 7,782,000 | 7,173,000 |
| Securities held to maturity | 11,373,000 | 13,142,000 | 15,130,000 | 17,686,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 281,669,000 | 286,695,000 | 283,276,000 | 286,273,000 |
| Interest-bearing deposits | 271,198,000 | 275,503,000 | 272,320,000 | 275,100,000 |
| Noninterest-bearing deposits | 10,471,000 | 11,192,000 | 10,956,000 | 11,173,000 |
| Equity capital | 21,763,000 | 22,552,000 | 23,306,000 | 23,484,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,075,000 | 8,041,000 | 11,817,000 | 15,560,000 |
| Interest expense | 1,366,000 | 2,635,000 | 3,800,000 | 4,838,000 |
| Net interest income | 2,709,000 | 5,406,000 | 8,017,000 | 10,722,000 |
| Noninterest income | 251,000 | 510,000 | 785,000 | 1,067,000 |
| Noninterest expense | 1,634,000 | 3,375,000 | 5,086,000 | 7,020,000 |
| Provision for loan losses | 62,000 | 115,000 | 186,000 | 240,000 |
| Pretax income | 1,264,000 | 2,426,000 | 3,530,000 | 4,528,000 |
| Income tax | 405,000 | 770,000 | 1,114,000 | 1,418,000 |
| Net income | 859,000 | 1,656,000 | 2,416,000 | 3,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,727,000 | 22,524,000 | 23,283,000 | 23,477,000 |
| Total capital | 23,390,000 | 24,232,000 | 25,037,000 | 25,275,000 |
| Risk-weighted assets | 156,227,000 | 158,563,000 | 158,339,000 | 160,458,000 |