Mechanics Bancorp (MCHB) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
16 Apr, 2026Executive summary
Annual meeting scheduled for May 28, 2026, at company headquarters and virtually.
Shareholders are invited to vote on director elections, executive compensation, and auditor ratification.
Voting is available online, by mail, or in person, with deadlines for different share types.
Voting matters and shareholder proposals
Election of eight directors to serve until the next annual meeting or until successors are appointed.
Advisory vote to approve executive compensation for named executive officers for 2025.
Advisory vote to ratify the independent registered public accounting firm for fiscal year ending December 31, 2026.
Proxies may vote on other matters that arise during the meeting.
Board of directors and corporate governance
Director nominees include Patricia Cochran, Adrienne Y. Crowe, Douglas Downer, E. Michael Downer, Nancy D. Pellegrino, Kenneth D. Russell, Carl B. Webb, and Jon R. Wilcox.
Latest events from Mechanics Bancorp
- Shareholders will vote on directors, executive pay, and auditor ratification after a transformative merger.MCHB
Proxy filing16 Apr 2026 - Q4 2025 net income hit $124.3M, boosted by merger gains and strong capital metrics.MCHB
Q4 20252 Feb 2026 - Q4 loss from loan sale, but improved liquidity and profitability expected in 2025.MCHB
Q4 202418 Dec 2025 - Virtual meeting to vote on directors, executive pay, auditor, and review governance and ESG.MCHB
Proxy Filing15 Dec 2025 - Virtual meeting to elect directors, approve executive pay, and ratify auditor for 2025.MCHB
Proxy Filing15 Dec 2025 - Q3 2025 net income rose to $55.2M, driven by a $90.4M merger gain and strong capital ratios.MCHB
Q3 202512 Dec 2025 - Merger forms a $23B West Coast bank with 168 branches, high profitability, and strong synergies.MCHB
M&A Announcement1 Dec 2025