Company: MCHB
Filing Date: 2025-04-15
Form Type: ARS
Source: 0001518715-25-000069
Chunk: 82

Company: Mechanics Bancorp
Filing Date: 2025-04-15
Form: ARS
Chunk 82
---
 Cost Basis at Period End % of Total Class of Financing Receivable Multifamily $ 1,915 0.06 % $ — — % Commercial business 1,446 0.46 % 839 0.23 % Single family 85 0.01 % 1,082 0.09 % 65

Term Extension Years Ended December 31, 2024 2023 (in thousands, except percentages) Amortized Cost Basis at Period End % of Total Class of Financing Receivable Amortized Cost Basis at Period End % of Total Class of Financing Receivable Commercial business $ 1,536 0.49 % $ 9,850 2.74 % Single family — — % 273 0.02 % Interest Rate Reduction and Significant Payment Delay Years Ended December 31, 2024 2023 (in thousands, except percentages) Amortized Cost Basis at Period End % of Total Class of Financing Receivable Amortized Cost Basis at Period End % of Total Class of Financing Receivable Commercial business $ 4,420 1.42 % $ — — % Significant Payment Delay and Term Extension Years Ended December 31, 2024 2023 (in thousands, except percentages) Amortized Cost Basis at Period End % of Total Class of Financing Receivable Amortized Cost Basis at Period End % of Total Class of Financing Receivable Non-owner occupied CRE $ 19,331 3.39 % $ 16,230 2.53 % Construction/land development — — % 3,821 0.68 % Owner occupied CRE 254 0.07 % — — % Commercial business 410 0.13 % — — % Single family 3,668 0.33 % 2,526 0.22 % Interest Rate Reduction, Significant Payment Delay and Term Extension Years Ended December 31, 2024 2023 (in thousands, except percentages) Amortized Cost Basis at Period End % of Total Class of Financing Receivable Amortized Cost Basis at Period End % of Total Class of Financing Receivable Construction/land development $ 3,821 0.81 % $ — — % Single family — — % 191 0.02 % 66

The following tables describes the financial effect of the MBFDs: Interest Rate Reduction Years Ended December 31, 2024 2023 Construction/land development Reduced weighted-average contractual interest rate from 7.75% to