Company: MCHB
Filing Date: 2025-11-17
Form Type: 10-Q
Source: 0001518715-25-000181
Chunk: 3

Company: Mechanics Bancorp
Filing Date: 2025-11-17
Form: 10-Q
Item: Part II, Item 1
Chunk 3
---
ITEM 1LEGAL PROCEEDINGS

Because the nature of our business involves the collection of numerous accounts, the validity of liens and compliance with 

various state and federal lending laws, we are subject to various legal proceedings in the ordinary course of our business 

related to foreclosures, bankruptcies, condemnation and quiet title actions and alleged statutory and regulatory violations. 

We are also subject to other legal proceedings in the ordinary course of business. There are currently no matters that, in the 

opinion of management, would have a material adverse effect on our consolidated financial position, results of operation or 

liquidity, or for which there would be a reasonable possibility of such a loss based on information known at this time. 

However, in the event of unexpected future developments, it is reasonably possible that an adverse outcome in any matter 

could be material to our business, consolidated financial position, results of operations or cash flows for any particular 

reporting period of occurrence.