Company: MCHB
Filing Date: 2025-04-15
Form Type: ARS
Source: 0001518715-25-000069
Chunk: 70

Company: Mechanics Bancorp
Filing Date: 2025-04-15
Form: ARS
Chunk 70
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 Ending balance CRE Non-owner occupied CRE $ 2,610 $ — $ — $ (871) $ 1,739 Multifamily 13,093 — — 1,816 14,909 Construction/land development Multifamily construction 3,983 — — (3,134) 849 CRE construction 189 — — (123) 66 Single family construction 7,365 — — (628) 6,737 Single family construction to permanent 672 — — (488) 184 Total 27,912 — — (3,428) 24,484 Commercial and industrial loans Owner occupied CRE 899 — — (323) 576 Commercial business 2,950 (2,963) 522 6,377 6,886 Total 3,849 (2,963) 522 6,054 7,462 Consumer loans Single family 5,287 — 7 (1,684) 3,610 Home equity and other 3,452 (178) 178 (265) 3,187 Total 8,739 (178) 185 (1,949) 6,797 Total ACL $ 40,500 $ (3,141) $ 707 $ 677 $ 38,743 56

Year Ended December 31, 2023 (in thousands) Beginning balance Charge-offs Recoveries Provision Ending balance CRE Non-owner occupied CRE $ 2,102 $ — $ — $ 508 $ 2,610 Multifamily 10,974 — — 2,119 13,093 Construction/land development Multifamily construction 998 — — 2,985 3,983 CRE construction 196 — — (7) 189 Single family construction 12,418 — — (5,053) 7,365 Single family construction to permanent 1,171 — — (499) 672 Total 27,859 — — 53 27,912 Commercial and industrial loans Owner occupied CRE 1,030 — — (131) 899 Commercial business 3,247 (1,062) 87 678 2,950 Total 4,277 (1,062) 87 547 3,849 Consumer loans Single family 5,610 — 23 (346) 5,287 Home equity and other 3,754 (319) 338 (321) 3,452 Total 9,364 (319) 361 (667) 8,739