Call reports 2004
MECHANICS BANK — 2004
What MECHANICS BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 307,655,000 | 309,776,000 | 305,501,000 | 306,279,000 |
| Total loans | 230,395,000 | 231,463,000 | 236,237,000 | 238,509,000 |
| Allowance for loan losses | 1,843,000 | 1,888,000 | 1,933,000 | 1,982,000 |
| Securities available for sale | 6,993,000 | 8,098,000 | 8,265,000 | 10,372,000 |
| Securities held to maturity | 18,147,000 | 18,009,000 | 17,351,000 | 14,793,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 283,057,000 | 285,090,000 | 280,104,000 | 280,429,000 |
| Interest-bearing deposits | 273,657,000 | 274,336,000 | 269,719,000 | 269,000,000 |
| Noninterest-bearing deposits | 9,400,000 | 10,754,000 | 10,385,000 | 11,429,000 |
| Equity capital | 24,118,000 | 24,379,000 | 25,099,000 | 25,135,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,648,000 | 7,230,000 | 10,873,000 | 14,611,000 |
| Interest expense | 949,000 | 1,867,000 | 2,758,000 | 3,625,000 |
| Net interest income | 2,699,000 | 5,363,000 | 8,115,000 | 10,986,000 |
| Noninterest income | 281,000 | 606,000 | 941,000 | 1,283,000 |
| Noninterest expense | 1,616,000 | 3,488,000 | 5,425,000 | 7,446,000 |
| Provision for loan losses | 59,000 | 119,000 | 172,000 | 232,000 |
| Pretax income | 1,301,000 | 2,358,000 | 3,455,000 | 4,587,000 |
| Income tax | 407,000 | 731,000 | 1,072,000 | 1,423,000 |
| Net income | 894,000 | 1,627,000 | 2,383,000 | 3,164,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,100,000 | 24,433,000 | 25,119,000 | 25,178,000 |
| Total capital | 25,943,000 | 26,321,000 | 27,052,000 | 27,160,000 |
| Risk-weighted assets | 161,536,000 | 162,782,000 | 163,518,000 | 166,169,000 |