Call reports 2022
MECHANICS BANK — 2022
What MECHANICS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 797,509,000 | 798,045,000 | 792,358,000 | 774,703,000 |
| Total loans | 558,790,000 | 577,455,000 | 589,001,000 | 599,976,000 |
| Allowance for loan losses | 5,672,000 | 5,700,000 | 5,650,000 | 5,696,000 |
| Securities available for sale | 111,749,000 | 109,999,000 | 102,596,000 | 103,087,000 |
| Securities held to maturity | 7,155,000 | 10,099,000 | 10,617,000 | 10,361,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 741,060,000 | 742,394,000 | 738,341,000 | 719,169,000 |
| Interest-bearing deposits | 674,423,000 | 669,601,000 | 659,727,000 | 641,539,000 |
| Noninterest-bearing deposits | 66,637,000 | 72,793,000 | 78,614,000 | 77,630,000 |
| Equity capital | 54,212,000 | 53,565,000 | 51,404,000 | 54,001,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,361,000 | 11,136,000 | 17,398,000 | 24,038,000 |
| Interest expense | 299,000 | 536,000 | 742,000 | 946,000 |
| Net interest income | 5,062,000 | 10,600,000 | 16,656,000 | 23,092,000 |
| Noninterest income | 1,266,000 | 2,613,000 | 3,930,000 | 5,297,000 |
| Noninterest expense | 4,573,000 | 9,235,000 | 14,065,000 | 19,291,000 |
| Provision for loan losses | 34,000 | 61,000 | 123,000 | 200,000 |
| Pretax income | 1,706,000 | 3,891,000 | 6,373,000 | 8,887,000 |
| Income tax | 353,000 | 801,000 | 1,311,000 | 1,830,000 |
| Net income | 1,353,000 | 3,090,000 | 5,062,000 | 7,057,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 60,697,000 | 62,435,000 | 64,108,000 | 65,662,000 |
| Total capital | 65,385,000 | 67,326,000 | 69,078,000 | 70,776,000 |
| Risk-weighted assets | 374,129,000 | 390,525,000 | 396,962,000 | 408,546,000 |