Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 171

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 171
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 |              Amount |     | Ratio |     |               Amount |     | Ratio |
| Tier 1 leverage capital (to average assets)            |     |        $1,509,029 |     | 9.66%  |     |            $659,887 |     | 4.0%  |     |             $824,859 |     | 5.0%  |
| Common equity tier 1 capital (to risk-weighted assets) |     |         1,509,029 |     | 16.14% |     |             654,297 |     | 7.0%  |     |              607,562 |     | 6.5%  |
| Tier 1 risk-based capital (to risk-weighted assets)    |     |         1,509,029 |     | 16.14% |     |             794,504 |     | 8.5%  |     |              747,769 |     | 8.0%  |
| Total risk-based capital (to risk-weighted assets)     |     |         1,601,953 |     | 17.14% |     |             981,446 |     | 10.5% |     |              934,711 |     | 10.0% |

As of the dates set forth in the above table, Mechanics exceeded the minimum required capital ratios applicable to it and Mechanics’ capital ratios exceeded the minimums necessary to qualify as a well-capitalized depository institution under the prompt corrective action regulations. In addition to the minimum capital ratios, Mechanics is required to maintain a capital conservation buffer consisting of additional Common Equity Tier 1 Capital of more than 2.5% above the required

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minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses. Mechanics maintained capital ratios necessary to satisfy the capital conservation buffer requirements as of the dates indicated. At March 31, 2025, the capital conservation buffer for Mechanics was 9.77%. There were no cash dividends in the quarter of 2025. The amount and declaration of future cash dividends are subject to approval by the Mechanics board and certain statutory requirements and regulatory restrictions. We had no material commitments for capital expenditures as of March 31, 2025. Non-GAAP Financial Measures and Reconciliations For additional discussion on the calculation of non-GAAP financial