Company: MCHB
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001518715-25-000110
Chunk: 103

Company: Mechanics Bancorp
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 103
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Interest-earning assets:Loans (1)$6,116,736 $145,550 4.75 %$7,457,798 $173,918 4.63 %Investment securities (1)1,049,240 18,956 3.61 %1,201,618 22,692 3.78 %FHLB Stock, Fed Funds and other217,981 6,326 5.85 %313,903 9,211 5.87 %Total interest-earning assets7,383,957 170,832 4.62 %8,973,319 205,821 4.56 %Noninterest-earning assets373,062 413,841 Total assets$7,757,019 $9,387,160 Interest-bearing liabilities:Interest-bearing  deposits: (2)Demand deposits$315,456 $590 0.38 %$320,076 $354 0.22 %Money market and savings 1,627,853 13,755 1.69 %1,810,725 14,896 1.64 %Certificates of deposit2,817,292 58,406 4.18 %3,046,659 70,892 4.68 %Total 4,760,601 72,751 3.08 %5,177,460 86,142 3.34 %Borrowings:Borrowings1,021,258 23,076 4.49 %2,049,971 49,462 4.79 %Long-term debt225,224 5,889 5.22 %224,858 6,208 5.50 %Total interest-bearing liabilities6,007,083 101,716 3.40 %7,452,289 141,812 3.81 %Noninterest-bearing liabilities:Demand deposits (2)1,259,586 1,300,878 Other liabilities86,139 103,727 Total liabilities7,352,808 8,856,894 Shareholders' equity404,211 530,266 Total liabilities and shareholders' equity$7,757,019 $9,387,160 Net interest income $69,116 $64,009 Net interest spread1.