Mechanics Bancorp (MCHB)

Nasdaq: MCHB · State Commercial Banks · Walnut Creek, CA · filing with the SEC since 2011

Grade4.7

◀ Past 2.7● Present 5.8▶ Future 6.4

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 17, 2026	Mar 7, 2025	Mar 6, 2024	Mar 6, 2023	Mar 4, 2022	Mar 12, 2021	Mar 6, 2020	Mar 6, 2019	Mar 6, 2018	Mar 9, 2017
Revenue	49,728	48,127	·	·	·	·	·	·	·	·
For lenders
Interest and dividend income	811,764	735,718^r	399,743	304,288	244,295	252,012	277,606	251,462^r	212,320^r	209,537
Interest expense on deposits and borrowings	226,046	216,549^r	232,990	·	·	·	·	·	·	·
Net interest income	585,718	519,169^r	166,753	233,307	227,057	208,662	189,390	189,963^r	174,541^r	180,049
Provision for credit losses	20,503	-1,559	-67	-4,995	-15,816	21,843	-122	2,826	750	4,100
Net interest income after provision	566,202	520,676^r	167,194	238,509	242,057	188,193	189,890	186,963^r	173,791^r	175,949
Noninterest income	222,905	-139,120^r	41,921	51,570	119,975	149,364	74,432	36,533^r	42,597^r	359,150
Noninterest expense	469,557	345,859^r	241,872	205,419	215,343	235,663	215,614	195,241^r	190,614^r	444,322
General and administrative	·	37,199	38,809	35,377	31,583	33,510	32,538^r	34,302^r	37,782^r	63,206
Interest expense	·	·	232,990	70,981	17,238	43,350	88,216	61,499^r	37,779^r	29,488
Share of profit of equity-method investments	·	·	·	·	·	·	·	160	598	2,333
Income before income taxes	319,550	35,697^r	-32,757	84,660	146,689	101,894	48,708	28,255^r	25,774^r	90,777
Income tax expense	53,811	6,698^r	-5,249	18,120	31,267	21,904	7,988	2,032^r	-16,894^r	32,626
Income from continuing operations	·	·	·	·	115,422	79,990	40,720	26,223	42,668	·
Income from discontinued operations	·	·	·	·	0	0	-23,208	13,804	26,278	·
Net income	265,739	28,999^r	-27,508	66,540	115,422	79,990	17,512	40,027	68,946	58,151
Net income to common shareholders	·	·	·	·	115,422	79,990	16,862	40,027	68,946	·
Earnings per share, basic	1.27	0.14^r	-1.46	3.51	5.53	3.50	0.66	1.48	2.57	2.36
Earnings per share, diluted	1.27	0.14^r	-1.46	3.49	5.46	3.47	0.65	1.47	2.54	2.34
Weighted average shares, basic	208,626,916	201,993,195^r	18,783,005	18,931,107	20,885,509	22,867,268	25,573,488	26,970,916	26,864,657	24,615,990
Weighted average shares, diluted	208,731,602	202,052,615^r	18,783,005	19,041,111	21,143,414	23,076,822	25,770,783	27,168,135	27,092,019	24,843,683

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton MCHB · research, not advice