Company: MCHB
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001518715-25-000026
Chunk: 120

Company: Mechanics Bancorp
Filing Date: 2025-03-07
Form: 10-K
Item: Item 8
Chunk 120
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 $35,254 $38,976 The following tables present an aging analysis of past due loans by loan portfolio segment and loan sub-class:At December 31, 2024Past Due and Still Accruing(in thousands)30-59 days60-89 days 90 days or moreNonaccrualTotal pastdue and nonaccrual (1)CurrentTotalloansCRENon-owner occupied CRE$— $— $— $16,230 $16,230 $554,520 $570,750 Multifamily— — — 1,915 1,915 2,990,760 2,992,675 Construction/land developmentMultifamily construction— — — — — 98,906 98,906 CRE construction— — — 3,821 3,821 7,217 11,038 Single family construction— — — — — 320,826 320,826 Single family construction to permanent— — — — — 41,970 41,970 Total — — — 21,966 21,966 4,014,199 4,036,165 Commercial and industrial loansOwner occupied CRE— — — 1,161 1,161 360,836 361,997 Commercial business— — — 25,740 25,740 286,264 312,004 Total— — — 26,901 26,901 647,100 674,001 Consumer loansSingle family4,601 1,096 4,354 (2)2,990 13,041 1,096,054 1,109,095 Home equity and other344 631 — 3,137 4,112 408,423 412,535 Total4,945 1,727 4,354 6,127 17,153 1,504,477 1,521,630 (3)Total loans$4,945 $1,727 $4,354 $54,994 $66,020 $6,165,776 $6,231,796 %0.08 %0.03 %0.07 %0.88 %1.06 %98.94