Mechanics Bancorp (MCHB)

Mechanics Bancorp Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	553.92	1,030	999.71	1,458	331.63	1,001
Investment Securities	900.75	793.49	209.49	583.51	300.92	375.34
Trading Asset Securities	49.79	53.71	12.84	-	28.06	36.25
Mortgage-Backed Securities	4,628	4,580	4,311	3,320	4,036	5,711
Total Investments	5,578	5,427	4,533	3,903	4,365	6,122
Gross Loans	13,577	14,177	9,643	10,778	12,043	11,006
Allowance for Loan Losses	-152.6	-153.32	-88.56	-133.78	-126.72	-135.83
Net Loans	13,424	14,024	9,555	10,644	11,916	10,870
Property, Plant & Equipment	216.24	225.97	170.91	177.08	171.6	166.28
Goodwill	843.31	843.31	843.31	843.31	843.3	843.3
Other Intangible Assets	97.91	212.49	38.74	52.21	69.66	90.77
Loans Held for Sale	5.35	5.97	0.54	0.44	-	0.51
Accrued Interest Receivable	72.9	53.1	33.6	48.14	51.42	45.3
Long-Term Deferred Tax Assets	-	75.7	51.65	113.44	130.25	40.28
Other Real Estate Owned & Foreclosed	4.26	4.99	15.6	17.01	0.11	0.43
Other Long-Term Assets	416.88	432.03	230.69	228.29	239.72	225.09
Total Assets	21,231	22,351	16,490	17,502	18,136	19,423

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	-	-	-	-	3.5	5
Interest Bearing Deposits	11,192	11,715	8,326	8,110	7,950	8,331
Institutional Deposits	476.9	565.87	-	-	279.88	253.32
Non-Interest Bearing Deposits	6,421	6,744	5,616	6,188	7,266	8,183
Total Deposits	18,089	19,025	13,942	14,298	15,496	16,767
Short-Term Borrowings	88.42	8.61	11.06	15.2	283.98	29.32
Current Portion of Long-Term Debt	-	64.84	-	-	-	-
Current Portion of Leases	-	25.74	-	-	-	-
Accrued Interest Payable	142.36	159.86	157.37	120.15	126.12	1.44
Long-Term Debt	81.89	127.18	-	774.97	24.93	24.89
Long-Term Leases	78.17	61.05	56.09	57.74	46.09	38.05
Pension & Post-Retirement Benefits	-	16.82	21.91	-	24.04	28.76
Other Long-Term Liabilities	6.1	-	-	-	-	141.01
Total Liabilities	18,541	19,489	14,188	15,266	16,004	17,035

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,405	2,402	2,122	3.21	3.21	3.21
Additional Paid-In Capital	-	-	-	2,119	2,118	2,118
Retained Earnings	303.05	456.7	239.52	305.51	251.41	269.87
Comprehensive Income & Other	-18.06	3.49	-59.77	-191.79	-241.78	-3.64
Shareholders' Equity	2,690	2,862	2,302	2,236	2,131	2,388
Total Liabilities & Equity	21,231	22,351	16,490	17,502	18,136	19,423

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	297.01	287.42	67.16	847.9	355	92.25
Net Cash (Debt)	306.7	796.27	945.39	609.67	4.69	945.29
Net Cash Growth	-84.82%	-15.77%	55.07%	12902.88%	-99.50%	-14.12%
Net Cash Per Share	1.34	3.64	4.68	2.87	0.02	4.46
Filing Date Shares Outstanding	231.46	231.42	212.03	212.01	212	211.99
Total Common Shares Outstanding	231.46	231.34	212.03	212.01	212	211.99
Book Value Per Share	11.62	12.37	10.86	10.54	10.05	11.26
Tangible Book Value	1,749	1,807	1,420	1,340	1,218	1,454
Tangible Book Value Per Share	7.56	7.81	6.70	6.32	5.75	6.86

Data Source: S&P Global Market Intelligence Last updated: Jul 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 27, 2026

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