Mechanics Bank (Mechanics Bank) Deferred Tax

: $5.3 Mil (TTM As of Dec. 2022)

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Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Mechanics Bank's change in deferred tax for the six months ended in Dec. 2022 was $5.3 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2022 was $5.3 Mil.

Mechanics Bank Deferred Tax Historical Data

The historical data trend for Mechanics Bank's Deferred Tax 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 Annual Data

Trend

Dec04

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Deferred Tax

1.48

-2.79

-44.45

-2.07

5.34

Mechanics Bank Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Deferred Tax								1.48	-2.79	-44.45	-2.07	5.34

Mechanics Bank Deferred Tax Calculation

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2022 was $5.3 Mil.

Mechanics Bank Deferred Tax Related Terms

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Mechanics Bank (Mechanics Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mechanics Bank (OTCPK:MCHB) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

N/A

Address

3170 Hilltop Mall Road, Richmond, CA, USA, 94806

Website

https://www.mechanicsbank.com

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.

Mechanics Bank (Mechanics Bank) Headlines

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