Company: MCHB
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001518715-25-000083
Chunk: 41

Company: Mechanics Bancorp
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 41
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$(24)$(292)$(474)$(1,077)$(1,098)$(176)$— $(3,141)

20

Collateral Dependent LoansThe following table presents the amortized cost basis of collateral-dependent loans by loan sub-class and collateral type: At March 31, 2025(in thousands)Land1-4 FamilyMultifamilyNon-residential real estateOther non-real estateTotalCRENon-owner occupied CRE$— $— $— $16,089 $— $16,089 Multifamily— — 1,915 — — 1,915 CRE construction3,796 — — — — 3,796    Total 3,796 — 1,915 16,089 — 21,800 Commercial and industrial loansCommercial business4,391 2,904 — — 3,226 10,521 Consumer loansSingle family — 832 — — — 832   Total collateral-dependent loans$8,187 $3,736 $1,915 $16,089 $3,226 $33,153 At December 31, 2024(in thousands)Land1-4 FamilyMultifamilyNon-residential real estateOther non-real estateTotalCRENon-owner occupied CRE$— $— $— $16,230 $— $16,230 Multifamily— — 1,915 — — 1,915 Construction/land developmentCRE construction3,821 — — — — 3,821    Total 3,821 — 1,915 16,230 — 21,966 Commercial and industrial loansOwner occupied CRE— — — 205 — 205 Commercial business4,420 2,927 — — 3,269 10,616    Total 4,420 2,927 — 205 3,269 10,821 Consumer loansSingle family — 832 — — — 832 Total collateral-dependent loans$8,241 $3,759 $1,915 $16,435 $3,269 $33,619 

21

Nonaccrual and Past Due LoansThe following table presents nonaccrual status for loans:At March 31,