{"schema_version":"secwatch.filing_event.v1","accession":"0001518715-26-000041","form_type":"8-K","ticker":"MCHB","cik":"0001518715","company_name":"Mechanics Bancorp","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.406662+00:00","generated_at":"2026-05-15T00:42:46.746124+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mechanics Bancorp Q1 net income $44.1M ($0.19/diluted EPS), down 60% from Q4 2025; CET1 13.91%","bullets":["Net income of $44.1M ($0.19 diluted EPS) vs $111.2M ($0.48) in Q4 2025, a 60% decline.","Total assets $21.4B, down from $22.4B; loans $13.9B, deposits $18.2B.","CET1 capital ratio 13.91%, Total RBC 16.15%; ACL to loans 1.13%, up from 1.08%.","Non-recurring acquisition and integration costs of $4.8M in Q1 vs $3.5M in Q4.","Tangible book value per share $7.53; book value per share $12.61."],"urls":{"canonical":"https://secwatch.observer/filing/0001518715-26-000041","json":"https://secwatch.observer/filing/0001518715-26-000041.json","markdown":"https://secwatch.observer/filing/0001518715-26-000041.md","text":"https://secwatch.observer/filing/0001518715-26-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518715/000151871526000041/0001518715-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518715/000151871526000041/hmst-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:42:46.746124+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":[{"claim_id":"4c8fa9c07c96f0e7711c5af10665d53bd06173fe","claim":"Mechanics Bancorp reported the first quarter of 2026 (quarter ended March 31, 2026) results: net income $44.1 million, EPS $0.19 per diluted share.","evidence_excerpt":"Mechanics reported net income of $44.1 million, or $0.19 per diluted share (3) , for the first quarter of 2026","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1518715/000151871526000041/0001518715-26-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2026 (quarter ended March 31, 2026)"},{"label":"Net income","value":"$44.1 million"},{"label":"EPS","value":"$0.19 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}