Company: MCHB
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001518715-25-000110
Chunk: 25

Company: Mechanics Bancorp
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 25
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 loansOwner occupied CRE576 — — 34 610 Commercial business6,886 (41)50 4,255 11,150 Total7,462 (41)50 4,289 11,760 Consumer loansSingle family3,610 — 3 (11)3,602 Home equity and other3,187 (67)70 (65)3,125 Total6,797 (67)73 (76)6,727 Total ACL$38,743 $(108)$123 $7,048 $45,806 Six Months Ended June 30, 2024(in thousands)Beginning balanceCharge-offsRecoveriesProvisionEnding balanceCRENon-owner occupied CRE$2,610 $— $— $(833)$1,777 Multifamily13,093 — — 3,977 17,070 Construction/land developmentMultifamily construction3,983 — — (2,012)1,971 CRE construction189 — — (154)35 Single family construction7,365 — — (1,920)5,445 Single family construction to permanent672 — — (372)300 Total27,912 — — (1,314)26,598 Commercial and industrial loansOwner occupied CRE899 — — (168)731 Commercial business2,950 (1,120)40 3,725 5,595 Total3,849 (1,120)40 3,557 6,326 Consumer loansSingle family5,287 — 3 (1,446)3,844 Home equity and other3,452 (111)59 (427)2,973 Total8,739 (111)62 (1,873)6,817 Total ACL$40,500 $(1,231)$102 $370 $39,741 

17

The following table presents a vintage analysis of the commercial portfolio segment by loan sub-class and risk rating or delinquency status.At June 30, 2025(in thousands)202520242023202220212020 and priorRevolvingRevolving-termTotalCOMMERCIAL PORTFOLIONon-owner occupied CREPass$3,958 $— $1,411 $69,