Company: MCHB
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001518715-25-000026
Chunk: 149

Company: Mechanics Bancorp
Filing Date: 2025-03-07
Form: 10-K
Item: Item 8
Chunk 149
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165 5.0 %Common equity tier 1 capital (to risk-weighted assets)678,869 12.27 %249,000 4.5 %359,667 6.5 %Tier 1 risk-based capital (to risk-weighted assets)678,869 12.27 %332,001 6.0 %442,667 8.0 %Total risk-based capital (to risk-weighted assets)720,498 13.02 %442,667 8.0 %553,334 10.0 %

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At December 31, 2023ActualFor Minimum CapitalAdequacy PurposesTo Be Categorized As“Well Capitalized” UnderPrompt CorrectiveAction Provisions(dollars in thousands)AmountRatioAmountRatioAmountRatioHomeStreet, Inc.Tier 1 leverage capital (to average assets)$675,440 7.04 %$383,696 4.0 %NANACommon equity tier 1 capital (to risk-weighted assets)615,440 9.66 %286,709 4.5 %NANATier 1 risk-based capital (to risk-weighted assets)675,440 10.60 %382,279 6.0 %NANATotal risk-based capital (to risk-weighted assets)818,075 12.84 %509,705 8.0 %NANAHomeStreet BankTier 1 leverage capital (to average assets)$814,719 8.50 %$383,482 4.0 %$479,352 5.0 %Common equity tier 1 capital (to risk-weighted assets)814,719 12.79 %286,569 4.5 %413,933 6.5 %Tier 1 risk-based capital (to risk-weighted assets)814,719 12.79 %382,092 6.0 %509,456 8.0 %Total risk-based capital (to risk-weighted assets)858,992 13.49 %509,456 8.0 %636,820 10.0 %As of each of the dates set forth in the above table, the Company exceeded the minimum required capital ratios applicable to it and Bank’s capital ratios exceeded the minimums necessary to qualify as