Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 387

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 387
---
decrease) increase in deposits                                               |     |         44,422 |     |       -135,102 |
| Cash dividends paid                                                               |     |              — |     |        -64,996 |
| Net cash provided by (used in) financing activities                               |     |         44,422 |     |       -200,098 |
| Net (decrease) increase in cash and cash equivalents                              |     |       -201,402 |     |        218,333 |
| Cash and cash equivalents at beginning of period                                  |     |        999,711 |     |      1,457,569 |
| Cash and cash equivalents at end of period                                        |     |       $798,309 |     |     $1,675,902 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION                                 |     |                |     |                |
| Cash paid during the period for:                                                  |     |                |     |                |
| Interest paid                                                                     |     |        $46,933 |     |        $44,166 |
| Income taxes paid, net of refunds                                                 |     |             11 |     |          3,315 |
| Non-cash disclosures:                                                             |     |                |     |                |
| Transfer from loans to other real estate owned                                    |     |              — |     |          2,282 |
| Lease liabilities arising from obtaining right-of-use assets                      |     |           -584 |     |         -6,493 |

F-54

#### TABLE OF CONTENTS

### MECHANICS BANK

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
**NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

Nature of Operations: Mechanics Bank (MB) and subsidiaries (the Bank, we, us and our) is headquartered in Walnut Creek, California. The Bank offers a variety of financial services to meet the banking and financial needs of the communities we serve, with operations conducted through 112 banking branches, including locations in Greater San Francisco, Sacramento, Los Angeles and San Diego areas and throughout the Central Valley in California. MacDonald Auxiliary Corporation and Mechanics Real Estate Holdings Inc., Limited Liability Company are wholly-owned subsidiary corporations whose business purposes are lending, holding deeds of trust securing loans made by the Bank and its subsidiaries and holding real estate and other assets acquired through foreclosure proceedings that are pending sale or liquidation.

The consolidated financial statements include the accounts of the Bank and all other entities in which it