Call reports 2007
MECHANICS BANK — 2007
What MECHANICS BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 302,551,000 | 302,673,000 | 296,580,000 | 304,527,000 |
| Total loans | 246,776,000 | 250,585,000 | 253,759,000 | 255,300,000 |
| Allowance for loan losses | 2,133,000 | 2,173,000 | 2,181,000 | 2,244,000 |
| Securities available for sale | 21,645,000 | 21,033,000 | 21,073,000 | 17,789,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 272,393,000 | 271,796,000 | 266,001,000 | 269,519,000 |
| Interest-bearing deposits | 262,742,000 | 261,502,000 | 255,744,000 | 258,747,000 |
| Noninterest-bearing deposits | 9,651,000 | 10,294,000 | 10,257,000 | 10,772,000 |
| Equity capital | 28,794,000 | 28,895,000 | 29,233,000 | 29,695,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 4,430,000 | 8,922,000 | 13,378,000 | 17,874,000 |
| Interest expense | 1,520,000 | 3,080,000 | 4,606,000 | 6,229,000 |
| Net interest income | 2,910,000 | 5,842,000 | 8,772,000 | 11,645,000 |
| Noninterest income | 436,000 | 960,000 | 1,435,000 | 1,928,000 |
| Noninterest expense | 2,209,000 | 4,443,000 | 6,732,000 | 9,073,000 |
| Provision for loan losses | 61,000 | 131,000 | 209,000 | 285,000 |
| Pretax income | 1,076,000 | 2,228,000 | 3,266,000 | 4,215,000 |
| Income tax | 347,000 | 719,000 | 1,053,000 | 1,367,000 |
| Net income | 729,000 | 1,509,000 | 2,213,000 | 2,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,854,000 | 29,033,000 | 29,239,000 | 29,597,000 |
| Total capital | 30,862,000 | 31,059,000 | 31,262,000 | 31,671,000 |
| Risk-weighted assets | 160,490,000 | 161,953,000 | 162,047,000 | 165,778,000 |