Mechanics Bancorp
Close on Oct 19, 2026
- Market cap
- $3.17B
- P/E (TTM)
- 11.1
- Dividend yield
- –
About Mechanics Bancorp
State Commercial Banks, SIC 6022
Mechanics Bancorp, Inc. provides retail and commercial banking solutions to business and consumer clients. The company offers deposit accounts, public trust and bankruptcy deposit administration, along with trust services and automated teller machine network transactions. Its lending portfolio encompasses commercial loans, residential mortgages, owner-occupied and non-owner-occupied commercial real estate financing, multifamily residential housing loans, construction lending, automobile financing, and consumer installment loans. In addition, the organization manages loan commitments and provides financing options secured by collateral, business assets, and real estate.
The enterprise operates through a physical branch delivery system and automated teller machines. Its lending operations and customer reach center on commercial enterprises, real estate developers, and personal banking clients across its market footprint. Mechanics Bancorp, Inc. completed an acquisition of Mechanics Bank and maintains its operations through regional branch networks. The corporate entity is headquartered in the United States, managing its specialized banking operations and customer deposit relationships across its designated markets.
Summary of the business section of Mechanics Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Mechanics Bancorp
- Headquarters
- Walnut Creek, CA
- Address
- 1111 Civic Drive, Suite 390 94596
- Phone
- (206) 623-3050
- Employees
- 1,971, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Washington
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Sacramento, California
Stock & identifiers
- Ticker
- MCHB
- Exchange
- Nasdaq
- IPO date
- Feb 14, 2012
- Shares outstanding
- 221M, Aug 3, 2026
- Public float
- $238.00M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 32-for-3, Nov 17, 2025; 2-for-1, Nov 9, 2012; 2-for-1, Nov 8, 2012; 2-for-1, Mar 9, 2012
- SEC CIK
- 1518715
- CUSIP
- 43785V102
- ISIN
- US43785V1026
- EIN
- 91-0186600
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Glenn C. Shrader | EVP & General Counsel | 18,193 |
| Tony P. Kallingal | EVP & Chief Banking Officer | 34,590 |
| Kristie S. Shields | EVP & Chief Compliance Counsel | 22,316 |
| Christopher D. Pierce | EVP & Chief Operating Officer | 38,496 |
| Scott A. Givans | EVP & Chief Credit Officer | 38,137 |
| Nathan Duda | EVP & CFO | 39,993 |
| Fernando Pelayo | EVP & Chief Accounting Officer | 17,532 |
| Coleman James Johnson | President & CEO | – |
| Erik D. Hand | EVP, Mortgage Lending Director | 13,401 |
| David L. Parr | EVP, DIR. OF COMM'L BANKING | 11,214 |
| Diane P. Novak | EVP, CHIEF RISK OFFICER | 12,506 |
| Marlene L. Price | EVP, Chief Operations Officer | 6,829 |
| Jay C. Iseman | EVP - Chief Credit Officer | 93,329 |
| Godfrey B. Evans | EVP - General Counsel | 72,535 |
| Paulette Lemon | EVP - Retail Banking Director | 25,160 |
| Amen Darrell Van | EVP, Chief Investment Officer | 95,870 |
| William Endresen | EVP, Comm'l RE & Capital Pres. | 39,837 |
| John Michel | EVP, Chief Financial Officer | 105,086 |
| Edward Michael Downer | Director | 6,120,217 |
| Kenneth D. Russell | Director | – |
| Nancy D. Pellegrino | Director | 32,446 |
| Douglas E. Downer | Director | 3,439,034 |
| Patricia Cochran | Director | 13,204 |
| Adrienne Y. Crowe | Director | 13,204 |
| Jon R. Wilcox | Director | 13,204 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 C.J.Johnson | $0 | $0 | $1.80M | $56 | – |
| FY2025 Mark K.Mason | $6.63M | $6.89M | $1.80M | $56 | – |
| FY2024 C.J.Johnson | $0 | $0 | $1.08M | $44 | – |
| FY2024 Mark K. Mason | $1.98M | $2.07M | $1.08M | $44 | – |
| FY2024 Mark K.Mason | $1.98M | $2.07M | $1.08M | $44 | – |
| FY2023 C.J.Johnson | $0 | $0 | $1.08M | $40 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025 , we employed 1,971 employees across our geographic footprint , 92% of which are classified as”
Corporate history
Events identified from SEC filings