Call reports 2020
MECHANICS BANK — 2020
What MECHANICS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 574,313,000 | 627,422,000 | 647,372,000 | 681,017,000 |
| Total loans | 474,514,000 | 507,497,000 | 523,093,000 | 525,983,000 |
| Allowance for loan losses | 4,655,000 | 4,905,000 | 5,099,000 | 5,248,000 |
| Securities available for sale | 47,488,000 | 46,428,000 | 57,006,000 | 67,575,000 |
| Securities held to maturity | 3,325,000 | 3,322,000 | 3,316,000 | 6,553,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 518,254,000 | 575,661,000 | 590,474,000 | 623,919,000 |
| Interest-bearing deposits | 486,262,000 | 523,651,000 | 540,637,000 | 573,233,000 |
| Noninterest-bearing deposits | 31,992,000 | 52,010,000 | 49,837,000 | 50,686,000 |
| Equity capital | 47,541,000 | 48,189,000 | 54,012,000 | 55,266,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 5,120,000 | 10,044,000 | 15,192,000 | 20,471,000 |
| Interest expense | 776,000 | 1,498,000 | 2,179,000 | 2,802,000 |
| Net interest income | 4,344,000 | 8,546,000 | 13,013,000 | 17,669,000 |
| Noninterest income | 978,000 | 1,974,000 | 3,047,000 | 4,153,000 |
| Noninterest expense | 3,947,000 | 7,723,000 | 11,719,000 | 16,230,000 |
| Provision for loan losses | 25,000 | 273,000 | 500,000 | 648,000 |
| Pretax income | 1,322,000 | 2,505,000 | 3,821,000 | 4,951,000 |
| Income tax | 278,000 | 529,000 | 799,000 | 1,030,000 |
| Net income | 1,044,000 | 1,976,000 | 3,022,000 | 3,921,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 47,022,000 | 47,650,000 | 53,578,000 | 54,878,000 |
| Total capital | 50,949,000 | 51,646,000 | 57,686,000 | 59,068,000 |
| Risk-weighted assets | 313,466,000 | 318,780,000 | 327,686,000 | 334,201,000 |