Call reports 2014
MECHANICS BANK — 2014
What MECHANICS BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 407,855,000 | 408,878,000 | 414,213,000 | 421,761,000 |
| Total loans | 319,745,000 | 329,073,000 | 336,143,000 | 346,398,000 |
| Allowance for loan losses | 3,724,000 | 3,692,000 | 3,707,000 | 3,824,000 |
| Securities available for sale | 44,633,000 | 36,842,000 | 34,814,000 | 34,809,000 |
| Securities held to maturity | 356,000 | 456,000 | 454,000 | 453,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 363,883,000 | 360,320,000 | 364,853,000 | 374,679,000 |
| Interest-bearing deposits | 345,391,000 | 339,603,000 | 342,039,000 | 351,941,000 |
| Noninterest-bearing deposits | 18,492,000 | 20,717,000 | 22,814,000 | 22,738,000 |
| Equity capital | 38,680,000 | 39,123,000 | 39,545,000 | 39,301,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,514,000 | 7,136,000 | 10,812,000 | 14,557,000 |
| Interest expense | 249,000 | 481,000 | 704,000 | 931,000 |
| Net interest income | 3,265,000 | 6,655,000 | 10,108,000 | 13,626,000 |
| Noninterest income | 686,000 | 1,540,000 | 2,384,000 | 3,159,000 |
| Noninterest expense | 3,111,000 | 6,303,000 | 9,657,000 | 13,274,000 |
| Provision for loan losses | 115,000 | 221,000 | 343,000 | 482,000 |
| Pretax income | 726,000 | 1,686,000 | 2,507,000 | 3,044,000 |
| Income tax | 243,000 | 566,000 | 645,000 | 824,000 |
| Net income | 483,000 | 1,120,000 | 1,862,000 | 2,220,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,471,000 | 39,604,000 | 40,093,000 | 39,676,000 |
| Total capital | 42,198,000 | 42,412,000 | 43,068,000 | 42,756,000 |
| Risk-weighted assets | 217,169,000 | 223,751,000 | 237,229,000 | 245,671,000 |