Company: MCHB
Filing Date: 2025-05-09
Form Type: 425
Source: 0001518715-25-000085
Chunk: 6

Company: Mechanics Bancorp
Filing Date: 2025-05-09
Form: 425
Chunk 6
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 time and I put a lot of emphasis in the past year that I've been CEO on doing stuff like this, town halls, getting out, interacting, getting to meet people, getting to meet our team. We have close to 1,500 employees at the bank. It's hard. We're spread out, right? HomeStreet is probably more spread out. It's hard to get together in person, and so I've viewed it as my role to go out in the market and do regional town halls. I think I've done about eight all up and down the state. I've got one more I need to do in Monterey, which I'll do in a couple weeks. But we go, Central coast, Southern California, Walnut Creek. I've been up to Northern California, up to our great branches up there, Central Valley and just kind of get out there. Host a dinner, host a town hall. That culture is we want to communicate, we want employees to understand. This is what we do, this is what we're focused on. Hey, if you have questions, ask them. We want to be very transparent about our strategy and how we think about things. And frankly, our team has a lot of good ideas that I want to hear about because I'm in a position to help. I view that as my primary job. To help our team, help our employees be successful, help our clients be successful, and so I'd like to know if something isn't going particularly well. And so it's that's the culture, it's obviously community focus. We want to be a high performing bank, but we really want to make sure we come to work, we're respectful of each other. We enjoy who we're working with and we're excited to be there. That's my quick, somewhat quick response. Mark Mason I think that's an excellent answer. The merger has some key milestones. Maybe we should talk about those milestones, what folks could look for, as we announce passing them and anticipating them, and when will we be finished? C.J. Johnson Obviously we announced the merger five weeks ago roughly. We've submitted all of our regulatory applications just under two weeks ago to the FED and the FDIC and the State of California, State of Washington, State of Hawaii, State of Oregon. So I think we're in very good shape. The regulators are in the review process and we've already, as you know, heavily socialized the transaction with our regulators and so we're