Call reports 2017
MECHANICS BANK — 2017
What MECHANICS BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 497,721,000 | 502,437,000 | 510,367,000 | 509,217,000 |
| Total loans | 404,426,000 | 402,532,000 | 406,657,000 | 414,265,000 |
| Allowance for loan losses | 4,399,000 | 4,490,000 | 4,558,000 | 4,601,000 |
| Securities available for sale | 39,085,000 | 47,816,000 | 51,368,000 | 50,985,000 |
| Securities held to maturity | 2,047,000 | 2,343,000 | 2,339,000 | 2,335,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 444,575,000 | 447,980,000 | 452,817,000 | 453,419,000 |
| Interest-bearing deposits | 413,004,000 | 415,372,000 | 415,979,000 | 421,201,000 |
| Noninterest-bearing deposits | 31,571,000 | 32,608,000 | 36,838,000 | 32,218,000 |
| Equity capital | 41,486,000 | 41,986,000 | 42,568,000 | 42,508,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,243,000 | 8,688,000 | 13,172,000 | 17,711,000 |
| Interest expense | 270,000 | 548,000 | 843,000 | 1,140,000 |
| Net interest income | 3,973,000 | 8,140,000 | 12,329,000 | 16,571,000 |
| Noninterest income | 937,000 | 1,868,000 | 2,786,000 | 3,750,000 |
| Noninterest expense | 3,527,000 | 7,190,000 | 10,949,000 | 14,957,000 |
| Provision for loan losses | 172,000 | 364,000 | 442,000 | 584,000 |
| Pretax income | 1,211,000 | 2,454,000 | 3,727,000 | 4,783,000 |
| Income tax | 408,000 | 827,000 | 1,256,000 | 1,807,000 |
| Net income | 803,000 | 1,627,000 | 2,471,000 | 2,976,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,997,000 | 42,441,000 | 43,006,000 | 43,209,000 |
| Total capital | 45,463,000 | 45,854,000 | 46,440,000 | 46,672,000 |
| Risk-weighted assets | 276,405,000 | 271,999,000 | 273,614,000 | 276,023,000 |