Mechanics Bank (Walnut Creek, CA): Financial Reports & UBPR Data
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Data as of · sourced from FFIEC call reports. How we update
Mechanics Bank leans heavily on commercial real estate. Based in Walnut Creek, California, it had $21.2 billion in assets at June 30, 2026, up 28.2% from a year earlier. It holds commercial real estate loans worth 3.4 times its capital, higher than about 9 in 10 of the 127 banks with $10 billion to $100 billion in assets (median 2.2 times). It also grew its loan book 46.9% over the year, 7.4 times the median of 6.3% for banks its size.
Earnings jumped: net income for the quarter was $60 million, 42% above the same quarter a year earlier. Over the same year, loans grew 46.9% and deposits grew 29.5%. Profitability lags: it returns 8.4% a year on shareholders' equity, lower than about three-quarters of banks its size (median 11.1%).
As of June 30, 2026, Mechanics Bank reported a CET1 capital ratio of 15.48%, a return on assets of 1.13%, a nonperforming-loan ratio of 0.41% and a Texas ratio of 2.53%, according to its call report filed with the FFIEC.
Headquarters Profile
- Address
- 1111 Civic Dr, Walnut Creek, CA 94596
- County
- Contra Costa
- Metro Area
- San Francisco-Oakland-Fremont, CA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Established
- January 1, 1905
- Former names
- The Mechanics Bank (1997-2011)
- Offices
- 169 domestic
- Employees (FTE)
- 1,753
- Domestic deposits
- $18.10B
- Allowance for credit losses
- $152.6M
- Net charge-offs (YTD)
- $7.4M
- Average total assets
- $21.35B
- Average total loans
- $13.70B
- Average interest-bearing deposits
- $11.65B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 1768
- Fed RSSD
- 936462
- SEC CIK
- 1518715 → filed by MECHANICS BANCORP
- Website
- www.mechanicsbank.com →
- Parent Holding Company
- MECHANICS BANCORP (RSSD 3843507) · MCHB
- Ultimate Parent
- 2011 TCRT (RSSD 4759650)
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Mark K Mason | CEO | CEO, President |
| Nathan Duda | CFO | EVP & CFO |
| Christopher D Pierce | COO | EVP & Chief Operating Officer |
| Scott A. Givans | CCO | EVP & Chief Credit Officer |
| Glenn C Shrader | GC | EVP & General Counsel |
| Van Amen Darrell | CIO | EVP, Chief Investment Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Rows tagged YTD are fiscal year to date through June 30, 2026, as filed. Net income is tagged Q2 because it is that quarter's own figure, not a running total, so it cannot be compared with a YTD row. ROA, ROE and net interest margin are the quarter's own income, annualized. The UBPR and FDIC annualize the year to date instead, so after the first quarter their figures differ from ours; where the UBPR has this quarter, its value is shown beside each as YTD.
Quarterly trends
Last 12 quarters from this bank's own FFIEC call reports. Dollar figures are the quarter's own amount: the income statement is filed year to date, so those lines are shown net of the preceding quarter.
Balances at each quarter end. The gap between the two lines is equity capital.
Balances at each quarter end. Loans rising toward deposits is the loan-to-deposit ratio tightening.
Balances at each quarter end. Each line is its own balance, not stacked on the other.
Each bar is that quarter alone. The gap between the two is net interest income.
What the balance sheet earned on spread that quarter, before fees and operating costs.
Fees, trading and other income against salaries, premises and the rest of the cost base.
What the bank charged to earnings that quarter to build its allowance for expected losses.
Net income for the quarter alone. The Call Report reports it year to date; this series converts it to the single quarter, so each bar covers three months.
CET1 is common equity tier 1 as a share of risk-weighted assets; the leverage ratio is tier 1 capital as a share of average total assets. A bank that files the community bank leverage ratio reports no CET1 ratio, so only its leverage line appears.
Inside the full Mechanics Bank terminal
26 years of quarterly trends · 8 tabs · peer percentiles · Excel export
Unlock Mechanics Bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Mechanics Bank rankings
How this bank ranks on each leaderboard. Click any rank to see the full ranked list.
Ranked among banks that report this metric, so the total differs from card to card. The CET1 ranking leaves out community bank leverage ratio filers, which report no CET1 ratio.
Metric pages for Mechanics Bank: Uninsured deposits.
Banks merged into Mechanics Bank
- HomeStreet Bank, effective September 2, 2025
Quarterly trend: last 8 quarters
Quarter-over-quarter movement in the five most-watched ratios. Sourced from the bank's own FFIEC call report filings.
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 15.48% | 1.13% | 0.41% | 2.53% | 3.67% |
| Q1 2026 | 14.96% | 0.87% | 0.36% | 2.23% | 3.65% |
| Q4 2025 | 15.59% | 2.31% | 0.34% | 2.04% | 3.59% |
| Q3 2025 | 14.87% | 1.22% | 0.44% | 2.75% | 3.43% |
| Q2 2025 | 18.27% | 1.03% | 0.22% | 1.19% | 3.42% |
| Q1 2025 | 16.89% | 1.06% | 0.11% | 1.47% | 3.39% |
| Q4 2024 | 16.14% | 1.25% | 0.12% | 1.72% | 3.39% |
| Q3 2024 | 15.29% | 0.93% | 0.12% | 1.97% | 3.29% |
Swipe the table sideways to see every column.
Branch Network
Every branch from the FDIC Summary of Deposits, listed with the deposits booked at each location. The FDIC's office count above also includes administrative and limited-service offices, so the two totals can differ. View all 167 branches →
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Newport Beach Branch | Newport Beach , CA | 92660 | $1.57B |
| Walnut Creek Office | Walnut Creek , CA | 94596 | $948.4M |
| North Roseville Retail Branch Office | Roseville , CA | 95678 | $884.2M |
| Klose Way Branch | Richmond , CA | 94806 | $830.7M |
| Salinas Branch | Salinas , CA | 93901 | $338.5M |
| El Centro Main | El Centro , CA | 92243 | $318.8M |
| Berkeley Office | Berkeley , CA | 94704 | $250.8M |
| El Cerrito Branch | El Cerrito , CA | 94530 | $239.9M |
| Honolulu Branch | Honolulu , HI | 96813 | $233.9M |
| Pinole Branch | Pinole , CA | 94564 | $228.0M |
| Brawley Branch | Brawley , CA | 92227 | $221.9M |
| Santa Maria-South Broadway Branch | Santa Maria , CA | 93454 | $191.0M |
| Grand Avenue Branch | Arroyo Grande , CA | 93420 | $184.1M |
| Westlake Village Branch | Westlake Village , CA | 91362 | $176.9M |
| Morro Bay Branch | Morro Bay , CA | 93442 | $174.3M |
| North Berkeley Branch | Berkeley , CA | 94707 | $173.1M |
| Camarillo Branch | Camarillo , CA | 93010 | $169.7M |
| Broad Street Branch | San Luis Obispo , CA | 93401 | $165.5M |
| Wedgwood Branch | Seattle , WA | 98115 | $160.2M |
| Los Banos Branch | Los Banos , CA | 93635 | $155.1M |
| Paso Robles Branch | Paso Robles , CA | 93446 | $149.3M |
| Napa Branch | Napa , CA | 94558 | $142.8M |
| Oak Park Branch | Pismo Beach , CA | 93449 | $142.7M |
| Seaside Branch | Seaside , CA | 93955 | $141.8M |
| Atascadero Branch | Atascadero , CA | 93422 | $138.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| September 2, 2025 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| September 2, 2025 | Structure Change | Acquired HomeStreet Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| September 1, 2019 | Structure Change | Acquired Rabobank, N.A. Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 31, 2019 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| June 1, 2018 | Structure Change | Acquired Scott Valley Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| October 1, 2016 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| October 1, 2016 | Structure Change | Acquired California Republic Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 8 events.
Regulatory record
What the public regulatory sources show for Mechanics Bank, each with its period and source. These are facts as filed or published, not a rating or score. "Not on file" means we hold no record from that source, which is not the same as a clean record.
- Enforcement actions
- Not on file: no matched FDIC, Federal Reserve or OCC action
- Period: not on file. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- 0.9% of deposits in CA, rank 17 of 171 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,675 applications, 963 loans originated, $823.9M originated, across 9 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $200K approved, $200K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Consumer complaints
- 95 complaints in the last 4 full quarters. Raw counts, not adjusted for size
- Period: 2025-Q4 to 2026-Q3. Source: CFPB consumer complaint database.
- CFPB enforcement
- Not on file: CFPB enforcement actions are not loaded
- Period: not on file. Source: CFPB enforcement actions.
- CRA examination rating
- Not on file: FFIEC CRA ratings are not loaded
- Period: not on file. Source: FFIEC CRA ratings.
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Frequently asked about Mechanics Bank
What are Mechanics Bank's total assets?
As of the Q2 2026 filing, Mechanics Bank reported total assets of $21.25 billion in its FFIEC call report. All figures come directly from the bank's quarterly Schedule RC filing.
Where is Mechanics Bank headquartered?
Mechanics Bank is headquartered in Walnut Creek, CA, United States. It files quarterly FFIEC call reports, as every FDIC-insured commercial bank must.
When was Mechanics Bank founded?
Mechanics Bank was established in 1905, per the FDIC institution directory.
Is Mechanics Bank FDIC-insured?
Yes. Mechanics Bank is an FDIC-insured commercial bank (FDIC Certificate #1768). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Mechanics Bank?
Mechanics Bank's primary federal regulator is the FDIC. All FDIC-insured banks also report to the FDIC and, depending on charter, the Federal Reserve.
What is Mechanics Bank's CET1 capital ratio?
Mechanics Bank reported a Common Equity Tier 1 (CET1) capital ratio of 15.48% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Mechanics Bank operate?
Mechanics Bank operates 169 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Mechanics Bank's Texas Ratio?
Mechanics Bank's Texas Ratio is 2.53% in its Q2 2026 call report, within the healthy range (under 25%). The Texas Ratio measures non-performing assets against the bank's capital and reserves; the glossary entry for the Texas Ratio carries the full definition.
What was Mechanics Bank previously called?
The charter now named Mechanics Bank has also operated as The Mechanics Bank (1997-2011), per FDIC structure-change records.
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