Mechanics Bancorp Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,030	999.71	1,458	331.63	1,001
Investment Securities	5,330	209.49	583.51	300.92	375.34
Trading Asset Securities	49.52	-	-	28.06	36.25
Mortgage-Backed Securities	-	4,311	3,320	4,036	5,711
Total Investments	5,380	4,520	3,903	4,365	6,122
Gross Loans	14,177	9,643	10,778	12,043	11,006
Allowance for Loan Losses	-153.32	-88.56	-133.78	-126.72	-135.83
Net Loans	14,024	9,555	10,644	11,916	10,870
Property, Plant & Equipment	225.97	170.91	177.08	171.6	166.28
Goodwill	843.31	843.31	843.31	843.3	843.3
Other Intangible Assets	212.49	38.74	52.21	69.66	90.77
Loans Held for Sale	5.97	0.54	0.44	-	0.51
Accrued Interest Receivable	352.15	49.95	48.14	51.42	45.3
Long-Term Deferred Tax Assets	-	51.65	113.44	130.25	40.28
Other Real Estate Owned & Foreclosed	4.99	15.6	17.01	0.11	0.43
Other Long-Term Assets	256.17	227.17	228.29	239.72	225.09
Total Assets	22,351	16,490	17,502	18,136	19,423
Accrued Expenses	-	-	-	3.5	5
Interest Bearing Deposits	12,281	7,918	8,110	7,950	8,331
Institutional Deposits	-	407.69	-	279.88	253.32
Non-Interest Bearing Deposits	6,744	5,616	6,188	7,266	8,183
Total Deposits	19,025	13,942	14,298	15,496	16,767
Short-Term Borrowings	-	11.1	15.2	283.98	29.32
Current Portion of Leases	-	13.83	-	-	-
Accrued Interest Payable	185.3	179.25	120.15	126.12	1.44
Long-Term Debt	192.01	-	774.97	24.93	24.89
Long-Term Leases	86.79	42.27	57.74	46.09	38.05
Pension & Post-Retirement Benefits	-	-	-	24.04	28.76
Other Long-Term Liabilities	-	-	-	-	141.01
Total Liabilities	19,489	14,188	15,266	16,004	17,035
Common Stock	2,402	3.21	3.21	3.21	3.21
Additional Paid-In Capital	-	2,119	2,119	2,118	2,118
Retained Earnings	456.7	239.52	305.51	251.41	269.87
Comprehensive Income & Other	3.49	-59.77	-191.79	-241.78	-3.64
Shareholders' Equity	2,862	2,302	2,236	2,131	2,388
Total Liabilities & Equity	22,351	16,490	17,502	18,136	19,423
Total Debt	278.81	67.19	847.9	355	92.25
Net Cash (Debt)	800.69	932.52	609.67	4.69	945.29
Net Cash Growth	-14.14%	52.95%	12902.88%	-99.50%	-14.12%
Net Cash Per Share	3.60	4.40	2.87	0.02	4.46
Filing Date Shares Outstanding	231.34	212.03	212.01	212	211.99
Total Common Shares Outstanding	231.34	212.03	212.01	212	211.99
Book Value Per Share	12.37	10.86	10.54	10.05	11.26
Tangible Book Value	1,807	1,420	1,340	1,218	1,454
Tangible Book Value Per Share	7.81	6.70	6.32	5.75	6.86

Updated Jan 30, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.