Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 381

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 381
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     |            15,104 |     |     15,104 |
| Derivative asset                      |     |            12,835 |     |     12,835 |     |            18,081 |     |     18,081 |
| Liabilities:                          |     |                   |     |            |     |                   |     |            |
| Deposits:                             |     |                   |     |            |     |                   |     |            |
| Noninterest-bearing demand deposits   |     |        -5,616,116 |     | -5,616,116 |     |        -6,187,869 |     | -6,187,869 |
| Interest-bearing transaction accounts |     |        -6,138,909 |     | -6,138,909 |     |        -5,720,505 |     | -5,720,505 |
| Savings and time deposits             |     |        -2,177,003 |     | -2,186,779 |     |        -2,376,368 |     | -2,389,768 |
| Subordinated debentures               |     |                 — |     |          — |     |           -24,550 |     |    -24,965 |
| Bank term funding program             |     |                 — |     |          — |     |          -750,000 |     |   -750,000 |
| Derivative liabilities                |     |           -11,056 |     |    -11,056 |     |           -15,235 |     |    -15,235 |
| Accrued interest payable on deposits  |     |            -5,970 |     |     -5,970 |     |            -6,248 |     |     -6,248 |

Cash and cash equivalents: For these short-term instruments, the carrying value is a reasonable approximation of fair value. Level 1 inputs were utilized to determine fair value of cash and cash equivalents.

F-47

#### TABLE OF CONTENTS
Securities: Fair value of securities is determined by reference to quoted market prices, if available. Fair value of securities was determined pursuant to the fair value measurements hierarchy, utilizing either Level 1, 2 or 3 valuation inputs. Level 1 and Level 2 inputs were utilized to determine fair value of all security investments disclosed previously.

Loans held for sale: The carrying amount for loans held for sale reflects the