Mechanics Bancorp (MCHB)

Mechanics Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,079	999.71	1,458	331.63	1,001	1,172
Investment Securities	334.77	209.49	583.51	300.92	375.34	369.85
Trading Asset Securities	7.1	-	-	28.06	36.25	81.41
Mortgage-Backed Securities	3,632	4,311	3,320	4,036	5,711	5,038
Total Investments	3,974	4,520	3,903	4,365	6,122	5,489
Gross Loans	9,240	9,643	10,778	12,043	11,006	11,123
Allowance for Loan Losses	-68.33	-88.56	-133.78	-126.72	-135.83	-129.25
Net Loans	9,172	9,555	10,644	11,916	10,870	10,994
Property, Plant & Equipment	171.41	170.91	177.08	171.6	166.28	204.19
Goodwill	843.31	843.31	843.31	843.3	843.3	843.3
Other Intangible Assets	33.31	38.74	52.21	69.66	90.77	115.78
Loans Held for Sale	0.42	0.54	0.44	-	0.51	0.35
Accrued Interest Receivable	47.7	49.95	48.14	51.42	45.3	49.79
Long-Term Deferred Tax Assets	-	51.65	113.44	130.25	40.28	10.73
Other Real Estate Owned & Foreclosed	-	15.6	17.01	0.11	0.43	14.49
Other Long-Term Assets	233.47	227.17	228.29	239.72	225.09	231.97
Total Assets	16,571	16,490	17,502	18,136	19,423	19,143
Accrued Expenses	-	-	-	3.5	5	5.2
Interest Bearing Deposits	8,515	7,918	8,110	7,950	8,331	8,490
Institutional Deposits	-	407.69	-	279.88	253.32	359.3
Non-Interest Bearing Deposits	5,454	5,616	6,188	7,266	8,183	7,497
Total Deposits	13,969	13,942	14,298	15,496	16,767	16,347
Short-Term Borrowings	5.8	0.01	0.01	283.98	29.32	74.59
Current Portion of Leases	-	13.83	-	-	-	-
Accrued Interest Payable	120.66	190.34	135.34	126.12	1.44	2.61
Long-Term Debt	-	-	774.97	24.93	24.89	24.85
Long-Term Leases	59.23	42.27	57.74	46.09	38.05	53.04
Pension & Post-Retirement Benefits	-	-	-	24.04	28.76	23.23
Other Long-Term Liabilities	-	-	-	-	141.01	145.62
Total Liabilities	14,155	14,188	15,266	16,004	17,035	16,676
Common Stock	3.21	3.21	3.21	3.21	3.21	3.21
Additional Paid-In Capital	2,119	2,119	2,119	2,118	2,118	2,118
Retained Earnings	325.79	239.52	305.51	251.41	269.87	280.85
Comprehensive Income & Other	-31.55	-59.77	-191.79	-241.78	-3.64	64.77
Shareholders' Equity	2,417	2,302	2,236	2,131	2,388	2,467
Total Liabilities & Equity	16,571	16,490	17,502	18,136	19,423	19,143
Total Debt	65.03	56.1	832.71	355	92.25	152.47
Net Cash (Debt)	2,021	943.61	624.86	4.69	945.29	1,101
Net Cash Growth	223.44%	51.01%	13226.89%	-99.50%	-14.12%	16.43%
Net Cash Per Share	9.53	4.45	2.94	0.02	4.46	5.19
Filing Date Shares Outstanding	212.04	212.03	212.01	212	211.99	211.99
Total Common Shares Outstanding	212.04	212.03	212.01	212	211.99	211.99
Book Value Per Share	11.40	10.86	10.54	10.05	11.26	11.64
Tangible Book Value	1,540	1,420	1,340	1,218	1,454	1,508
Tangible Book Value Per Share	7.26	6.70	6.32	5.75	6.86	7.11

Source: S&P Global Market Intelligence. Banks template. Financial Sources.