Last $16,100 USD
Change Today 0.00 / 0.00%
Volume 0.0
MCHB On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

mechanics bank /richmond ca (MCHB) Snapshot

Open
$16,100
Previous Close
$16,100
Day High
$16,100
Day Low
$16,100
52 Week High
07/23/14 - $16,100
52 Week Low
12/16/13 - $13,000
Market Cap
312.0M
Average Volume 10 Days
3.6
EPS TTM
--
Shares Outstanding
19.4K
EX-Date
06/4/14
P/E TM
--
Dividend
$440.00
Dividend Yield
2.73%
Current Stock Chart for MECHANICS BANK /RICHMOND CA (MCHB)

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mechanics bank /richmond ca (MCHB) Details

Mechanics Bank, together with its subsidiaries, provides personal and business banking, trust and estate, brokerage, and wealth management services to individuals and businesses in Northern California. The company’s deposit products include demand deposits, interest bearing transaction accounts, savings accounts, checking accounts, and time certificates of deposits. Its loan portfolio comprises personal loans, such as auto loans, credit cards, home loans/mortgages, home equity line of credit, home equity loans, and secured/unsecured loans; and business financing products, including business credit cards, commercial real estate loans, equipment leasing, operating lines of credit, short term and self-liquidating loans, and term financing. The company also offers commercial financing solutions comprising acquisition and expansion term financing, business credit cards, capital improvement term financing, commercial real estate term financing, construction financing, equipment leasing and financing, owner and investor real estate financing, permanent working capital term financing, professional practice/services financing, SBA financing, and short term financing. In addition, it provides private banking, Internet and mobile banking, wealth and cash management, agent and administrator, investment management, business succession planning, trust and estate planning, and brokerage and insurance services, as well as retirement plans. As of December 31, 2013, the company operated 32 offices in Contra Costa, Alameda, San Francisco, Marin, Napa, Placer, Sacramento, and El Dorado counties. Mechanics Bank was founded in 1905 and is headquartered in Richmond, California.

mechanics bank /richmond ca (MCHB) Top Compensated Officers

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Executives, Board Directors

mechanics bank /richmond ca (MCHB) Key Developments

Mechanics Bank Announces Earnings Results for the Second Quarter and Six Months of 2014

Mechanics Bank announced earnings results for the second quarter and six months of 2014. For the quarter, the company reported earnings of $6.1 million. For the year to date, net income was $7.9 million. The tax adjusted net income was $11.1 million.

Mechanics Bank Mulls Acquisitions

Mechanics Bank (OTCPK:MCHB) is seeking acquisitions. Christa Steele, President and Chief Executive Officer at Mechanics Bank said, "I am pleased with the enhanced depth of expertise and industry knowledge within the leadership team. This will allow the Bank to position itself for growth organically or by acquisition as we broaden our footprint."

Mechanics Bank Appoints Larry Cretan as Executive Vice President and Chief Credit Officer

Larry Cretan, has been appointed Executive Vice President and Chief Credit Officer at Mechanics Bank. Mr. Cretan brings over 30 years experience as an executive in credit and lending. Prior to joining Mechanics Bank, Larry worked for Pacific Capital Bank and has been a consultant for financial institutions and nonprofits. Previously in his career, Mr. Cretan held senior positions in credit administration and management for 7 years at Greater Bay Bank as well as during his 17 year tenure with Wells Fargo Bank.

 

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