Company: MCHB
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001518715-25-000026
Chunk: 121

Company: Mechanics Bancorp
Filing Date: 2025-03-07
Form: 10-K
Item: Item 8
Chunk 121
---
 %100.00 %

77

At December 31, 2023Past Due and Still Accruing(in thousands)30-59 days60-89 days90 days or moreNonaccrualTotal pastdue and nonaccrual (1)CurrentTotalloansCRENon-owner occupied CRE$— $— $— $16,803 $16,803 $625,082 $641,885 Multifamily— 1,915 — — 1,915 3,938,274 3,940,189 Construction/land developmentMultifamily construction— — — — — 168,049 168,049 CRE construction— — — 3,821 3,821 14,692 18,513 Single family construction— — — — — 274,050 274,050 Single family construction to permanent— — — — — 105,304 105,304 Total — 1,915 — 20,624 22,539 5,125,451 5,147,990 Commercial and industrial loansOwner occupied CRE— — — 706 706 390,579 391,285 Commercial business— — — 13,686 13,686 345,363 359,049 Total — — — 14,392 14,392 735,942 750,334 Consumer loansSingle family5,174 1,993 4,261 (2)2,650 14,078 1,126,201 1,140,279 Home equity and other974 225 — 1,310 2,509 381,792 384,301 Total6,148 2,218 4,261 3,960 16,587 1,507,993 1,524,580 (3)Total loans$6,148 $4,133 $4,261 $38,976 $53,518 $7,369,386 $7,422,904 %0.08 %0.05 %0.06 %0.53 %0.72 %99.28 %100.00 %(1)Includes loans whose repayments are insured by the FHA or guaranteed by the VA or