Mechanics Cooperative Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 7.37% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 7.37% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 14.38% +7.88 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $107.4M | 107,408 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $747.0M | 746,964 | RCOAA223 |
| Recomputed ratio | 14.38% | numerator / denominator | |
| Filed ratio | 14.38% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +7.88 pp | $58.9M | capital that could be lost first |
Tier 1 risk-based capital ratio 14.38% +6.38 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $107.4M | 107,408 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $747.0M | 746,964 | RCOAA223 |
| Recomputed ratio | 14.38% | numerator / denominator | |
| Filed ratio | 14.38% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +6.38 pp | $47.7M | capital that could be lost first |
Total risk-based capital ratio 15.37% +5.37 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $114.8M | 114,807 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $747.0M | 746,964 | RCOAA223 |
| Recomputed ratio | 15.37% | numerator / denominator | |
| Filed ratio | 15.37% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +5.37 pp | $40.1M | capital that could be lost first |
Tier 1 leverage ratio 12.38% +7.38 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $107.4M | 107,408 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $867.5M | 867,457 | RCOAA224 |
| Recomputed ratio | 12.38% | numerator / denominator | |
| Filed ratio | 12.38% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +7.38 pp | $64.0M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 113,786 | 113,786 | 0 | 0 | 0 | 0 | RCOAP742 |
| Retained earnings | 5,454 | 2,470 | 110,695 | 108,291 | 106,212 | 103,361 | RCOAKW00 |
| Accumulated other comprehensive income | (655) | (555) | (2,905) | (3,283) | (3,909) | (3,937) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 118,585 | 115,701 | 107,790 | 105,008 | 102,303 | 99,424 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (11,177) | (11,798) | 2,905 | 3,283 | 3,909 | 3,937 | P859 - P840 |
| Common equity Tier 1 capital | 107,408 | 103,903 | 110,695 | 108,291 | 106,212 | 103,361 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 107,408 | 103,903 | 110,695 | 108,291 | 106,212 | 103,361 | RCOA8274 |
| Tier 2 capital | 7,399 | 7,211 | 7,139 | 6,517 | 6,249 | 6,302 | RCOA5311 |
| Allowance includable in Tier 2 capital | 7,399 | 7,211 | 7,139 | 6,517 | 6,249 | 6,302 | RCOA5310 |
| Total capital | 114,807 | 111,114 | 117,834 | 114,808 | 112,461 | 109,663 | RCOA3792 |
| Total risk-weighted assets | 746,964 | 726,933 | 721,923 | 694,472 | 657,458 | 663,450 | RCOAA223 |
| Average total assets for the leverage ratio | 867,457 | 861,243 | 851,925 | 840,243 | 830,923 | 835,127 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $13.9M | $1.1M | 8.09% | 0.15% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $70.1M | $16.1M | 23.04% | 2.16% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $287.4M | $144.0M | 50.12% | 19.28% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $7.6M | $11.3M | 150.00% | 1.52% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $254K | $381K | 150.00% | 0.05% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $450.7M | $448.6M | 99.55% | 60.06% | RC-R Part II, item 4.d, 5.d |
| All other assets | $46.2M | $42.7M | 92.44% | 5.72% | RC-R Part II, item 8 |
| Off-balance-sheet commitments and letters of credit | $76.4M | $75.8M | 99.25% | 10.15% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $4.6M | $1.6M | 34.69% | 0.21% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $5.2M | NA | 0.69% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $741.8M | ties to item 31 ($741.8M) |
|---|---|---|
| Risk-weighted assets before deductions | $747.0M | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $747.0M | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 14.38% | 14.38% | 15.37% | 12.38% | 15.12% | 15.12% | 16.26% | 10.99% |
| 1Q26 | Risk-based | 14.29% | 14.29% | 15.29% | 12.06% | 14.98% | 15.01% | 16.09% | 10.86% |
| 4Q25 | Risk-based | 15.33% | 15.33% | 16.32% | 12.99% | 14.89% | 14.90% | 16.02% | 10.79% |
| 3Q25 | Risk-based | 15.59% | 15.59% | 16.53% | 12.89% | 14.82% | 14.86% | 15.98% | 10.87% |
| 2Q25 | Risk-based | 16.15% | 16.15% | 17.11% | 12.78% | 14.75% | 14.79% | 15.93% | 10.80% |
| 1Q25 | Risk-based | 15.58% | 15.58% | 16.53% | 12.38% | 14.77% | 14.82% | 15.94% | 10.70% |
| 4Q24 | Risk-based | 15.14% | 15.14% | 16.08% | 12.25% | 14.67% | 14.74% | 15.75% | 10.61% |
| 3Q24 | Risk-based | 16.71% | 16.71% | 17.70% | 12.51% | 14.69% | 14.72% | 15.80% | 10.69% |
| 2Q24 | Risk-based | 16.93% | 16.93% | 17.89% | 12.70% | 14.55% | 14.57% | 15.69% | 10.61% |
| 1Q24 | Risk-based | 17.44% | 17.44% | 18.39% | 12.85% | 14.58% | 14.60% | 15.70% | 10.54% |
| 4Q23 | Risk-based | 17.76% | 17.76% | 18.71% | 13.34% | 14.42% | 14.45% | 15.56% | 10.55% |
| 3Q23 | Risk-based | 17.80% | 17.80% | 18.78% | 13.63% | 14.65% | 14.67% | 15.79% | 10.60% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Mechanics Cooperative Bank (this bank) | Risk-based | 14.38% | 14.38% | 15.37% | 12.38% | |
| New Millennium Bank | $899.1M | Risk-based | 21.34% | 21.34% | 22.59% | 14.57% |
| Terrabank, N.A. | $897.7M | Risk-based | 10.40% | 14.78% | 16.03% | 9.82% |
| Fortress Bank | $897.2M | Risk-based | 9.66% | 10.80% | 12.04% | 9.12% |
| Mechanics Bank | $896.4M | Risk-based | 14.65% | 14.65% | 15.90% | 8.44% |
| Mountain Pacific Bank | $896.4M | Risk-based | 13.07% | 13.07% | 14.33% | 11.52% |
| Visionbank of Iowa | $896.1M | Risk-based | 10.95% | 10.95% | 12.04% | 9.43% |
| Greenfield Co-Operative Bank | $901.8M | CBLR | NA | NA | NA | 12.47% |
| Farmers National Bank | $895.7M | CBLR | NA | NA | NA | 15.03% |
| First American Bank and Trust Company | $901.9M | Risk-based | 17.22% | 17.22% | 18.47% | 13.34% |
| Windsor Federal Bank | $895.4M | CBLR | NA | NA | NA | 9.91% |
| Peer 25th percentile | 10.67% | 12.01% | 13.19% | 9.53% | ||
| Peer median | 13.07% | 14.65% | 15.90% | 10.71% | ||
| Peer 75th percentile | 15.94% | 16.00% | 17.25% | 13.13% | ||
| This bank's percentile | 57 | 43 | 43 | 60 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/183770/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.