Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 692

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 692
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 2024 of HomeStreet; (iii) the audited financial statements for the three fiscal years ended December 31, 2024 of Mechanics Bank; (iv) certain regulatory filings of HomeStreet and Mechanics Bank and their respective subsidiaries, including as applicable, the quarterly or semi-annual reports on Form FR Y-9C or Form FR Y-9SP and the quarterly call reports required to be filed (as the case may be) with respect to each quarter during the three-year period ended December 31, 2024; (v) certain other interim reports and other communications of HomeStreet and Mechanics Bank to their respective shareholders; and (vi) other financial information concerning the businesses and operations of HomeStreet and Mechanics Bank furnished to us by HomeStreet and Mechanics Bank or that we were otherwise directed to use for purposes of our analyses. Our consideration of financial information and other factors that we deemed appropriate under the circumstances or relevant to our analyses included, among others, the following: (i) the historical and current financial position and results of operations of HomeStreet and Mechanics Bank; (ii) the assets and liabilities of HomeStreet and Mechanics Bank; (iii) a comparison of certain financial information for HomeStreet and Mechanics Bank with similar information for certain other companies the securities of which are publicly traded; (iv) financial and operating forecasts and projections of HomeStreet that were prepared by HomeStreet management, provided to and discussed with us by such management, and used and relied upon by us at the direction of such management and with the consent of the Board; (v) financial and operating forecasts and projections of Mechanics Bank that were prepared by Mechanics Bank management, provided to and discussed with us by such management, and used and relied upon by us based on such discussions, at the direction of HomeStreet management and with the consent of the Board; and (vi) estimates regarding certain pro forma financial effects of the Transaction on HomeStreet and Mechanics Bank (including, without limitation, the cost savings expected to result or be derived from the Transaction) that were prepared by Mechanics Bank management, provided to and discussed with us by such management and used and relied upon by us based on such discussions, at the direction of HomeStreet management and with the consent of the Board. We have also performed such other studies and analyses as we considered appropriate and have taken into account our assessment of general economic, market and financial conditions and our experience in other transactions, as well as our experience in securities valuation and knowledge of the banking industry generally. We have also participated in discussions held