Call reports 2018
MECHANICS BANK — 2018
What MECHANICS BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 514,880,000 | 517,178,000 | 529,590,000 | 528,522,000 |
| Total loans | 418,918,000 | 429,153,000 | 434,711,000 | 442,621,000 |
| Allowance for loan losses | 4,699,000 | 4,681,000 | 4,603,000 | 4,580,000 |
| Securities available for sale | 49,732,000 | 49,102,000 | 48,263,000 | 48,186,000 |
| Securities held to maturity | 2,741,000 | 2,736,000 | 2,732,000 | 2,727,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 461,128,000 | 456,003,000 | 464,419,000 | 475,500,000 |
| Interest-bearing deposits | 428,931,000 | 426,362,000 | 432,275,000 | 444,797,000 |
| Noninterest-bearing deposits | 32,197,000 | 29,641,000 | 32,144,000 | 30,703,000 |
| Equity capital | 42,489,000 | 42,875,000 | 41,020,000 | 41,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,558,000 | 9,247,000 | 14,113,000 | 19,117,000 |
| Interest expense | 297,000 | 608,000 | 1,043,000 | 1,607,000 |
| Net interest income | 4,261,000 | 8,639,000 | 13,070,000 | 17,510,000 |
| Noninterest income | 902,000 | 1,885,000 | 2,809,000 | 3,821,000 |
| Noninterest expense | 3,945,000 | 7,820,000 | 11,727,000 | 16,001,000 |
| Provision for loan losses | 96,000 | 118,000 | 145,000 | 204,000 |
| Pretax income | 1,136,000 | 2,586,000 | 4,007,000 | 5,108,000 |
| Income tax | 307,000 | 653,000 | 996,000 | 1,227,000 |
| Net income | 829,000 | 1,933,000 | 3,011,000 | 3,881,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 43,876,000 | 44,429,000 | 42,707,000 | 43,094,000 |
| Total capital | 47,361,000 | 47,991,000 | 46,261,000 | 46,719,000 |
| Risk-weighted assets | 277,648,000 | 283,847,000 | 283,283,000 | 289,120,000 |