Company: MCHB
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001518715-25-000110
Chunk: 33

Company: Mechanics Bancorp
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 33
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ifamily— — 1,915 — — 1,915 Construction/land developmentCRE construction3,821 — — — — 3,821    Total 3,821 — 1,915 16,230 — 21,966 Commercial and industrial loansOwner occupied CRE— — — 205 — 205 Commercial business4,420 2,927 — — 3,269 10,616    Total 4,420 2,927 — 205 3,269 10,821 Consumer loansSingle family — 832 — — — 832 Total collateral-dependent loans$8,241 $3,759 $1,915 $16,435 $3,269 $33,619 

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Nonaccrual and Past Due LoansThe following table presents nonaccrual status for loans:At June 30, 2025At December 31, 2024(in thousands)Nonaccrual with no related ACLTotal NonaccrualNonaccrual with no related ACLTotal NonaccrualCRENon-owner occupied CRE$16,014 $16,014 $16,230 $16,230 Multifamily1,915 1,915 1,915 1,915 Construction/land developmentCRE construction3,771 3,771 3,821 3,821    Total21,700 21,700 21,966 21,966 Commercial and industrial loansOwner occupied CRE905 905 1,161 1,161         Commercial business9,250 25,214 8,509 25,740    Total10,155 26,119 9,670 26,901 Consumer loansSingle family832 3,850 1,106 2,990 Home equity and other— 3,563 — 3,137    Total832 7,413 1,106 6,127 Total nonaccrual loans$32,687 $55,232 $32,742 $54,994 The following tables present an aging analysis of past due loans by loan portfolio segment and loan sub-class:At June 30, 2025Past Due and Still Accruing(in thousands)30-59 days60-89 days90 days or