Company: MCHB
Filing Date: 2025-04-15
Form Type: ARS
Source: 0001518715-25-000069
Chunk: 20

Company: Mechanics Bancorp
Filing Date: 2025-04-15
Form: ARS
Chunk 20
---
 570,750 Multifamily — — — 1,915 1,915 2,990,760 2,992,675 Construction and land development Multifamily construction — — — — — 98,906 98,906 CRE construction — — — 3,821 3,821 7,217 11,038 Single family construction — — — — — 320,826 320,826 Single family construction to permanent — — — — — 41,970 41,970 Total — — — 21,966 21,966 4,014,199 4,036,165 Commercial and industrial loans Owner occupied CRE — — — 1,161 1,161 360,836 361,997 Commercial business — — — 25,740 25,740 286,264 312,004 Total — — — 26,901 26,901 647,100 674,001 Consumer loans Single family 4,601 1,096 4,354 (2) 2,990 13,041 1,096,054 1,109,095 Home equity and other 344 631 — 3,137 4,112 408,423 412,535 Total 4,945 1,727 4,354 6,127 17,153 1,504,477 1,521,630 (3) Total loans $ 4,945 $ 1,727 $ 4,354 $ 54,994 $ 66,020 $ 6,165,776 $ 6,231,796 % 0.08 % 0.03 % 0.07 % 0.88 % 1.06 % 98.94 % 100.00 % (1) Includes loans whose repayments are insured by the FHA or guaranteed by the VA or SBA of $11.3 million. (2) FHA-insured and VA-guaranteed single family loans that are 90 days or more past due are maintained on accrual status if they are determined to have little to no risk of loss. (3) Includes $1.3 million of loans where a fair value option election was made at the time of origination and, therefore, are carried at fair value with changes recognized in our consolidated income statements. 19

At December 31, 2023 Past Due and Still Accruing (in thousands) 30-