Call reports 2016
MECHANICS BANK — 2016
What MECHANICS BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 457,611,000 | 465,704,000 | 475,020,000 | 486,562,000 |
| Total loans | 381,615,000 | 389,791,000 | 397,903,000 | 404,522,000 |
| Allowance for loan losses | 3,853,000 | 4,044,000 | 4,096,000 | 4,251,000 |
| Securities available for sale | 36,001,000 | 36,792,000 | 35,778,000 | 36,324,000 |
| Securities held to maturity | 1,799,000 | 1,921,000 | 1,917,000 | 2,050,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 406,122,000 | 410,082,000 | 418,798,000 | 432,993,000 |
| Interest-bearing deposits | 380,491,000 | 383,446,000 | 388,749,000 | 400,233,000 |
| Noninterest-bearing deposits | 25,631,000 | 26,636,000 | 30,049,000 | 32,760,000 |
| Equity capital | 41,269,000 | 41,587,000 | 41,483,000 | 40,921,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,104,000 | 8,250,000 | 12,460,000 | 16,773,000 |
| Interest expense | 255,000 | 513,000 | 780,000 | 1,053,000 |
| Net interest income | 3,849,000 | 7,737,000 | 11,680,000 | 15,720,000 |
| Noninterest income | 739,000 | 1,559,000 | 2,418,000 | 3,304,000 |
| Noninterest expense | 3,431,000 | 6,831,000 | 10,466,000 | 14,217,000 |
| Provision for loan losses | 121,000 | 332,000 | 544,000 | 707,000 |
| Pretax income | 1,036,000 | 2,136,000 | 3,093,000 | 4,105,000 |
| Income tax | 354,000 | 732,000 | 1,057,000 | 1,397,000 |
| Net income | 682,000 | 1,404,000 | 2,036,000 | 2,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,175,000 | 41,374,000 | 41,335,000 | 41,475,000 |
| Total capital | 44,428,000 | 44,707,000 | 44,748,000 | 44,961,000 |
| Risk-weighted assets | 259,674,000 | 265,931,000 | 272,367,000 | 278,147,000 |