Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 149

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 149
---
 to or otherwise involved in legal proceedings arising in the normal course of business, such as claims to enforce liens, claims involving the making and servicing of real property loans, and other issues incident to its business. Management does not believe that there is any pending or threatened proceeding against Mechanics which, if determined adversely, would have a material adverse effect on Mechanics’ financial position, liquidity, or results of operations.

Competition

Mechanics encounters strong competition both in making loans and in attracting deposits. The deregulation of the banking industry and the widespread enactment of state laws which permit multi-bank holding companies as well as an increasing level of interstate banking have created a highly competitive environment for commercial banking. In 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,