Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 167

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 167
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 1.29%        |
| Uninsured deposits                  |     |     $6,218,735 |     |              |     |        $6,153,395 |     |              |

The following table presents the schedule of maturities of certificates of deposit as of March 31, 2025:

| (in thousands)                    |     | Three Months or 
            Less |     |     Over Three 
 Months through 
     Six Months |     | Over Six Months 
  through Twelve 
          Months |     | Over Twelve 
      Months |     |    Total |
| Time deposits of $250,000 or less |     |        $215,103 |     |       $136,781 |     |        $141,370 |     |     $41,593 |     | $534,847 |
| Time deposits of $250,000 or more |     |         166,300 |     |        116,462 |     |         108,309 |     |       4,417 |     |  395,488 |
| Total                             |     |        $381,403 |     |       $253,243 |     |        $249,679 |     |     $46,010 |     | $930,335 |

Credit Risk Management: Delinquent Loans, Nonperforming Assets and Provision for Credit Losses As of March 31, 2025 and December 31, 2024, our ratio of nonaccrual loans to total loans was 0.11%, and our ratio of past due and accruing and nonaccrual loans to total loans was 1.15% and 1.04%, respectively. As of March 31, 2025 and December 31, 2024, our ratio of ACL to nonaccrual loans was 762.38% and 828.22%, respectively. The $0.8 million decrease in nonaccrual loans in the first quarter of 2025 was primarily related to decreases in auto and single family residential nonaccrual loans during the first quarter of 2025.

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Delinquent, nonaccrual and current loans by loan type consisted of the following:

|                                 |     |              March 31, 2025 |     |        |     |         |     |            |     |            |     |            |     |             |
|:--------------------------------|:----|----------------------------: