Call reports 2021
MECHANICS BANK — 2021
What MECHANICS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 726,236,000 | 747,366,000 | 781,340,000 | 795,374,000 |
| Total loans | 528,365,000 | 535,730,000 | 545,364,000 | 551,638,000 |
| Allowance for loan losses | 5,400,000 | 5,543,000 | 5,588,000 | 5,636,000 |
| Securities available for sale | 83,920,000 | 98,390,000 | 120,376,000 | 120,032,000 |
| Securities held to maturity | 6,547,000 | 6,542,000 | 6,944,000 | 7,161,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 666,720,000 | 689,710,000 | 720,908,000 | 735,428,000 |
| Interest-bearing deposits | 614,584,000 | 634,774,000 | 647,500,000 | 666,881,000 |
| Noninterest-bearing deposits | 52,136,000 | 54,936,000 | 73,408,000 | 68,547,000 |
| Equity capital | 54,918,000 | 56,336,000 | 58,501,000 | 58,613,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,297,000 | 10,704,000 | 16,435,000 | 21,996,000 |
| Interest expense | 632,000 | 1,219,000 | 1,774,000 | 2,229,000 |
| Net interest income | 4,665,000 | 9,485,000 | 14,661,000 | 19,767,000 |
| Noninterest income | 1,183,000 | 2,446,000 | 3,762,000 | 5,089,000 |
| Noninterest expense | 4,058,000 | 8,241,000 | 12,571,000 | 17,650,000 |
| Provision for loan losses | 153,000 | 303,000 | 351,000 | 393,000 |
| Pretax income | 1,663,000 | 3,412,000 | 5,536,000 | 6,863,000 |
| Income tax | 338,000 | 700,000 | 1,134,000 | 1,419,000 |
| Net income | 1,325,000 | 2,712,000 | 4,402,000 | 5,444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,663,000 | 56,711,000 | 59,343,000 | 60,045,000 |
| Total capital | 59,940,000 | 61,092,000 | 63,927,000 | 64,656,000 |
| Risk-weighted assets | 341,050,000 | 349,354,000 | 365,771,000 | 367,866,000 |