Call reports 2006
MECHANICS BANK — 2006
What MECHANICS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 300,705,000 | 300,853,000 | 301,716,000 | 308,325,000 |
| Total loans | 242,481,000 | 246,401,000 | 250,084,000 | 248,377,000 |
| Allowance for loan losses | 2,051,000 | 2,106,000 | 2,143,000 | 2,088,000 |
| Securities available for sale | 12,684,000 | 16,415,000 | 26,451,000 | 21,773,000 |
| Securities held to maturity | 11,426,000 | 11,077,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,574,000 | 272,633,000 | 272,397,000 | 279,012,000 |
| Interest-bearing deposits | 262,168,000 | 261,761,000 | 262,005,000 | 264,961,000 |
| Noninterest-bearing deposits | 10,406,000 | 10,872,000 | 10,392,000 | 14,051,000 |
| Equity capital | 27,168,000 | 27,301,000 | 27,876,000 | 28,320,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 4,001,000 | 8,135,000 | 12,464,000 | 16,933,000 |
| Interest expense | 1,104,000 | 2,316,000 | 3,676,000 | 5,181,000 |
| Net interest income | 2,897,000 | 5,819,000 | 8,788,000 | 11,752,000 |
| Noninterest income | 387,000 | 846,000 | 1,309,000 | 1,786,000 |
| Noninterest expense | 2,058,000 | 4,077,000 | 6,292,000 | 8,581,000 |
| Provision for loan losses | 60,000 | 120,000 | 216,000 | 320,000 |
| Pretax income | 1,166,000 | 2,468,000 | 3,589,000 | 4,637,000 |
| Income tax | 371,000 | 789,000 | 1,146,000 | 1,479,000 |
| Net income | 795,000 | 1,679,000 | 2,443,000 | 3,158,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,289,000 | 27,486,000 | 27,979,000 | 28,409,000 |
| Total capital | 29,340,000 | 29,592,000 | 30,096,000 | 30,472,000 |
| Risk-weighted assets | 168,007,000 | 169,432,000 | 169,363,000 | 165,027,000 |