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Mechanics Bank (Mechanics Bank) Allowance For Loans And Lease Losses : $-126.7 Mil (As of Dec. 2022)


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What is Mechanics Bank Allowance For Loans And Lease Losses?

Mechanics Bank's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2022 was $-126.7 Mil.

Mechanics Bank's quarterly Allowance For Loans And Lease Losses declined from Dec. 2020 ($-129.2 Mil) to Dec. 2021 ($-135.8 Mil) but then increased from Dec. 2021 ($-135.8 Mil) to Dec. 2022 ($-126.7 Mil).

Mechanics Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2020 ($-129.2 Mil) to Dec. 2021 ($-135.8 Mil) but then increased from Dec. 2021 ($-135.8 Mil) to Dec. 2022 ($-126.7 Mil).


Mechanics Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for Mechanics Bank's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mechanics Bank Allowance For Loans And Lease Losses Chart

Mechanics Bank Annual Data
Trend Dec04 Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.44 -37.32 -129.25 -135.83 -126.72

Mechanics Bank Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.44 -37.32 -129.25 -135.83 -126.72

Mechanics Bank Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Mechanics Bank Allowance For Loans And Lease Losses Related Terms

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Mechanics Bank (Mechanics Bank) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3170 Hilltop Mall Road, Richmond, CA, USA, 94806
Mechanics Bank operates as a community bank in California. The bank provides personal banking, business banking, trust, and estate services, brokerage, and wealth management services. The bank operates a network of retail banking branches, as well as regional commercial lending and wealth management offices throughout the state of California. The bank also engages in indirect automobile lending activities including origination, securitization, and servicing of new and pre-owned retail automobile sales contracts from both franchised and independent automobile dealerships.

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