Mechanics Bancorp (MCHB) Interest Expense - Fed Funds (2010 - 2020)

Mechanics Bancorp (MCHB) has 10 years of Interest Expense - Fed Funds data on file, last reported at $458000.0 in Q1 2020.

• On a quarterly basis, Interest Expense - Fed Funds rose 50.66% year-over-year to $458000.0 in Q1 2020; TTM through Mar 2020 was $1.2 million, a 108.25% increase from a year earlier, with the FY2019 full-year figure at $1.0 million, up 246.64% from the prior year.
• Interest Expense - Fed Funds for Q1 2020 stood at $458000.0, up from $227000.0 in the prior quarter.
• Over the last five years, Interest Expense - Fed Funds for MCHB reached as high as $463000.0 in Q2 2019 and fell as low as $2000.0 in Q3 2016.
• Historically, Interest Expense - Fed Funds has averaged $149833.3 across 5 years, with a median of $61000.0 in 2018.
• On a YoY basis, Interest Expense - Fed Funds climbed as much as 1829.17% in 2019 and fell as far as 53.01% in 2019.
• Year by year, Interest Expense - Fed Funds stood at $2000.0 in 2016, then surged by 150.0% to $5000.0 in 2017, then surged by 3080.0% to $159000.0 in 2018, then surged by 42.77% to $227000.0 in 2019, then soared by 101.76% to $458000.0 in 2020.
• Per Business Quant data, the three most recent Interest Expense - Fed Funds figures were $458000.0 in Q1 2020, $227000.0 in Q4 2019, and $39000.0 in Q3 2019.