Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 147

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 147
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 one or more aspects of its business. Mechanics competes with national, regional and community banks within the various markets where Mechanics operates. Mechanics also faces competition from many other types of financial institutions, including savings and loan associations, savings banks, finance companies and credit unions.

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#### TABLE OF CONTENTS

### MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION

### AND RESULTS OF OPERATIONS
The following discussion and analysis of Mechanics’ financial condition and results of operations should be read in conjunction with Mechanics’ consolidated financial statements and their related notes included elsewhere in this proxy statement/prospectus/consent solicitation statement. This discussion contains forward-looking statements that involve risks and uncertainties. Mechanics’, and the Combined Company’s, future results could differ materially from the results of discussed below. Factors that could cause or contribute to such differences include, but are not limited to, those identified below and those discussed in the section of this proxy statement/prospectus/consent solicitation statement entitled “Risk Factors—Risks Relating to Mechanics’ Business” included elsewhere in proxy statement/prospectus/consent solicitation statement. Unless otherwise specified or the context otherwise requires, all references to “Mechanics” in this Section refer to Mechanics and its subsidiaries and “we,” “our,” “us” and “our company” refer to Mechanics and its subsidiaries.

### Overview
Mechanics is headquartered in Walnut Creek, California. Mechanics offers a variety of financial services to meet the banking and financial needs of the communities we serve, with operations conducted through 112 banking branches including locations in Greater San Francisco, Sacramento, Los Angeles and San Diego areas and throughout the Central Valley in California. MacDonald Auxiliary Corporation and Mechanics Real Estate Holdings Inc., Limited Liability Company are wholly-owned subsidiary corporations whose business purposes are lending, holding deeds of trust securing loans made by Mechanics and holding real estate and other assets acquired through foreclosure proceedings that are pending sale or liquidation.

Mechanics ceased originating auto loans in February 2023, but continues servicing the portfolio of new and pre-owned retail automobile sales contracts purchased from both franchised and independent automobile dealerships throughout 33 states: Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, Missouri, Montana, North Carolina, North Dakota, Nebraska, Nevada, Ohio, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming