Last $13,800 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 04/14/14 All times are local (Market data is delayed by at least 15 minutes).

mechanics bank /richmond ca (MCHB) Snapshot

Open
$13,800
Previous Close
$13,800
Day High
$13,800
Day Low
$13,800
52 Week High
07/18/13 - $14,999
52 Week Low
05/23/13 - $12,825
Market Cap
267.4M
Average Volume 10 Days
6.1
EPS TTM
--
Shares Outstanding
19.4K
EX-Date
03/5/14
P/E TM
--
Dividend
$440.00
Dividend Yield
3.19%
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/boat/RV 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, business operating lines of credit, short term and self-liquidating loans, and term financing. The company also offers commercial financing solutions comprising acquisition and expansion, business credit cards, capital improvement, commercial real estate, construction financing, equipment leasing, owner/investor real estate, permanent working capital, professional practice, SBA financing, short term financing, standby letters of credit, and working capital lines of credit. In addition, it provides private banking, Internet and mobile banking, wealth and cash management, agent and administrator, investment management, trust and estate planning, and brokerage and insurance services, as well as retirement plans. As of December 31, 2012, the company operated 33 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

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

mechanics bank /richmond ca (MCHB) Key Developments

Mechanics Bank Announces Appointment of Deberah B. Kelley as Executive Vice President of Wealth Management

Mechanics Bank announced the appointment of Deberah B. Kelley as Executive Vice President of Wealth Management. An experienced financial executive, Ms. Kelley's more than 20 years as a financial executive most recently included leading the Personal Trust team as the Senior Fiduciary Officer in the Trust & Investment Management division of Exchange Bank. Prior to assuming her role as the Senior Fiduciary Officer, Ms. Kelley managed the Private Banking team in which she originated a consulting-based financial practice for high net worth clients. She has recruited, trained and managed investment, trust and private banking officers and she led the bank's new business effort in Personal Trust.

Mechanics Bank Announces Retirement of E.M. "Eddie" Downer III from the Board of Directors, Effective December 31, 2013

E.M. "Eddie" Downer III has retired from the Board of Directors of Mechanics Bank, effective December 31, 2013. Mr. Downer, grandson of the bank's founder E.M. Downer, served as Chairman of the Board from 1981 to May 2010, and held the title of Chairman Emeritus until his resignation. He also served as president of the bank from 1971 to 1981. Ms. Felton announced the election by the Board of Mr. Downer's son, Douglas Downer, to serve out the remaining few months of Mr. Downer's term. Another son, E. Michael Downer, currently serves as Vice Chairman of the Board of Directors.

Mechanics Bank Names Kash Gill as Senior Vice President and Manager of Agribusiness Division

Kash Gill has been named Senior Vice President and Manager of the newly formed Agribusiness Division of Mechanics Bank's Corporate Banking Group. According to Scott McAdams, Executive Vice President and Director of Corporate Banking, the industry specialty group will be headquartered in the bank's new Yuba City Office, scheduled to open in the first quarter of 2014. Mr. Gill, who joined Mechanics Bank in 2011 as a VP and Senior Relationship Officer in the Roseville Corporate Banking Office, will report directly to Mr. McAdams in his new role. Prior to coming to Mechanics Bank Mr. Gill was a senior vice president and regional branch administrator for a network of retail branches at Butte Community Bank/Rabobank.

 

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