{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-036136","form_type":"8-K/A","ticker":"MCHB","cik":"0001518715","company_name":"Mechanics Bancorp","filed_at":"2025-09-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.201930+00:00","generated_at":"2026-05-17T05:39:42.201509+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mechanics Bancorp files pro forma for merger; bargain purchase gain of $111.4M","bullets":["Mechanics Bank shareholders to own 91.34% of combined entity; fixed exchange ratio of 3,301.09 Class A shares per Mechanics Bank voting share.","Preliminary purchase price of $265.8M based on $13.87/share; preliminary bargain purchase gain of $111.4M.","Pro forma combined assets of $24.1B; net interest income for H1 2025 was $353.4M.","Core deposit intangible of $101.4M recognized; DUS license intangible of $15.0M.","Pro forma net loss of $114.6M for FY2024 reflects Company historical losses and transaction adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-036136","json":"https://secwatch.observer/filing/0001140361-25-036136.json","markdown":"https://secwatch.observer/filing/0001140361-25-036136.md","text":"https://secwatch.observer/filing/0001140361-25-036136.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518715/000114036125036136/0001140361-25-036136-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518715/000114036125036136/ef20053929_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:39:42.201509+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}