Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 359

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 359
---
5,244 |

F-30

TABLE OF CONTENTS

The Bank considers the performance of the loan portfolio and its impact on the allowance for credit losses. For residential and consumer loan classes, the Bank also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the amortized cost in residential and consumer loans based upon year of origination for years ended December 31, 2024 and 2023.

| (in thousands)                  
 As of December 31, 2024         |     |     2024 |     |    2023 |     |     2022 |     |     2021 |     |    Prior |     |  Revolving 
      Loans 
  Amortized 
 Cost Basis |     | Revolving 
 Loans     
 Converted 
 to Term   |     |      Total |
|:--------------------------------|:----|---------:|:----|--------:|:----|---------:|:----|---------:|:----|---------:|:----|-----------:|:----|:----------|:----|-----------:|
| Residential real estate         |     |          |     |         |     |          |     |          |     |          |     |            |     |           |     |            |
| Payment performance             |     |          |     |         |     |          |     |          |     |          |     |            |     |           |     |            |
| Performing                      |     | $235,132 |     | $97,522 |     | $456,174 |     | $608,721 |     | $810,899 |     |    $69,661 |     | $—        |     | $2,278,109 |
| Nonperforming                   |     |        — |     |       — |     |        — |     |        — |     |    2,037 |     |        817 |     | —         |     |      2,854 |
| Total residential real estate   |     | $235,132 |     | $97,522 |     | $456,174 |     | $608,721 |     | $812,936 |     |    $70,478 |     | $—        |     | $2,280,963 |
| Residential real estate         |     |          |     |         |     |          |     |          |