Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 157

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 157
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 |     | For Minimum Capital 
   Adequacy Purposes |     |       |     | To Be Categorized As 
   “Well Capitalized” |     |       |
| (in thousands)                                         |     |            Amount |     | Ratio  |     |              Amount |     | Ratio |     |               Amount |     | Ratio |
| Tier 1 leverage capital (to average assets)            |     |        $1,578,208 |     | 9.32%  |     |            $712,766 |     | 4.0%  |     |             $890,958 |     | 5.0%  |
| Common equity tier 1 capital (to risk-weighted assets) |     |         1,578,208 |     | 14.83% |     |             744,955 |     | 7.0%  |     |              691,744 |     | 6.5%  |
| Tier 1 risk-based capital (to risk-weighted assets)    |     |         1,578,208 |     | 14.83% |     |             904,588 |     | 8.5%  |     |              851,377 |     | 8.0%  |
| Total risk-based capital (to risk-weighted assets)     |     |         1,721,284 |     | 16.17% |     |           1,117,432 |     | 10.5% |     |            1,064,221 |     | 10.0% |

At each 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 which is at least 2.5% above the required 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 December 31, 2024, the capital conservation buffer for Mechanics was 9.14%. The Federal Deposit Insurance Corporation and the State of California Department of Financial Protection and Innovation regulate Mechanics. California banking laws limit