# Mechanics Bancorp (MCHB)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/mechanics-bancorp/ JSON: https://steadybase.io/company/mechanics-bancorp.json Checked Nov 10, 2026. Latest filing read: Nov 6, 2026.

## Company

- Legal name: Mechanics Bancorp
- Ticker: MCHB (Nasdaq)
- SEC CIK: 0001518715
- Industry: State Commercial Banks (SIC 6022)
- Headquarters: Walnut Creek, CA
- Fiscal year ends: December 31
- SEC filer category: Accelerated filer<br>Smaller reporting company
- Website: mechanicsbank.com
- Investor relations: https://ir.homestreet.com/corporate-profile/default.aspx
- LinkedIn: https://www.linkedin.com/company/mechanics-bank
- Next earnings date: Mar 7, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $49.7M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 17, 2026). Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/0001518715-26-000026-index.html
- Net income: $265.7M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 17, 2026). Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/0001518715-26-000026-index.html
- SG&A: $37.2M for the fiscal year ended Dec 31, 2024 (10-K filed Mar 7, 2025). Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871525000026/0001518715-25-000026-index.html
- Employees: 1,971 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Shares outstanding: 18,920,808 as of Aug 4, 2025 (10-Q filed Aug 6, 2025). Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871525000110/0001518715-25-000110-index.html
- Auditor: Crowe LLP, Sacramento, California, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm

## Business

Mechanics Bancorp, a Washington corporation, is a financial holding company and primarily operates through 121-year- old Mechanics Bank, its wholly-owned subsidiary. Mechanics Bank is a full-service community bank with 166 branches throughout California, Washington, Oregon and Hawaii. Following the strategic Merger of HomeStreet Bank with and into Mechanics Bank on September 2, 2025, with Mechanics Bank surviving the Merger as a wholly-owned subsidiary of the Company, the assets, liabilities and operations of HomeStreet Bank became the assets, liabilities and operations of Mechanics Bank.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income | SG&A |
|---|---|---|---|
| Dec 31, 2025 | $49.7M | $265.7M | n/a |
| Dec 31, 2024 | $48.1M | $29.0M | $37.2M |
| Dec 31, 2023 | $399.7M | -$27.5M | $38.8M |
| Dec 31, 2022 | $304.3M | $66.5M | $35.4M |
| Dec 31, 2021 | $244.3M | $115.4M | $31.6M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/mechanics-bancorp.json

## Officers and directors

- Coleman James Johnson, President & CEO. Source: Form 3 filed Jan 5, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000210202526000002/0002102025-26-000002-index.htm
- Nathan Duda, CFO of Mechanics. LinkedIn: https://linkedin.com/in/nathan-duda-95952a5. Source: 8-K filed Oct 28, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000070/a3q2026earningsrelease.htm
- Christopher D. Pierce, EVP & Chief Operating Officer. Source: Form 4 filed Mar 3, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000210347626000006/0002103476-26-000006-index.htm
- Fernando Pelayo, EVP & Chief Accounting Officer. Source: Form 4 filed Mar 3, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000210202026000008/0002102020-26-000008-index.htm
- Glenn C. Shrader, EVP & General Counsel. LinkedIn: https://linkedin.com/in/glenn-shrader-00b1878b. Source: Form 4 filed Mar 3, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000210263526000006/0002102635-26-000006-index.htm
- Kristie S. Shields, EVP & Chief Compliance Counsel. Source: Form 4 filed Mar 3, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000210300426000006/0002103004-26-000006-index.htm
- Scott A. Givans, EVP & Chief Credit Officer. Source: Form 4 filed Mar 3, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000150998926000006/0001509989-26-000006-index.htm
- Tony P. Kallingal, EVP & Chief Banking Officer. LinkedIn: https://linkedin.com/in/tony-kallingal-6601486. Source: Form 4 filed Mar 3, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000210202226000008/0002102022-26-000008-index.htm
- Carl B. Webb, Executive Chairman. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- E. Michael Downer, Vice Chairman. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Adrienne Y. Crowe, Director. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Douglas Downer, Director. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Jon Wilcox, Director. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Kenneth D. Russell, Director. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Nancy D. Pellegrino, Director. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- Patricia Cochran, Director. Source: 10-K filed Mar 17, 2026, https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm

## Recent 8-K events

- Oct 28, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000070/hmst-20261028.htm
- Sep 17, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000068/hmst-20260916.htm
- Aug 20, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000064/hmst-20260819.htm
- Jul 29, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000057/hmst-20260729.htm
- Jun 1, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000052/hmst-20260528.htm
- May 13, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000048/hmst-20260513.htm
- May 5, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000043/hmst-20260501.htm
- Apr 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000041/hmst-20260430.htm
- Feb 27, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000020/hmst-20260225.htm
- Jan 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000012/hmst-20260130.htm

## Insider trades (Form 4)

- Jun 15, 2026: Edward Michael Downer (Director) sold 2 shares, about $30. Source: https://www.sec.gov/Archives/edgar/data/1518715/000210423926000008/0002104239-26-000008-index.htm

## What management said

- "Our third quarter results reflect the continued execution of our strategic priorities. With the HomeStreet integration behind us, we move forward from a position of strength, focused on building long-term shareholder value through prudent growth and expense management, strong credit quality, and returning capital to shareholders via a market-leading dividend yield" Nathan Duda, CFO of Mechanics (8-K filed Oct 28, 2026). Source: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000070/a3q2026earningsrelease.htm

## Latest filings

- 8-K filed Oct 28, 2026: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000070/hmst-20261028.htm
- 10-K filed Mar 17, 2026: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000026/hmst-20251231.htm
- 10-Q filed Aug 7, 2026: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000060/mchb-20260630.htm
- DEF 14A filed Apr 16, 2026: https://www.sec.gov/Archives/edgar/data/1518715/000151871526000038/mech-20260416.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/