Homestreet SEC Filings

Mechanics Bancorp announced that its Board of Directors has approved a cash dividend for both classes of its common stock. Holders of Class A common stock will receive $0.21 per share, and holders of Class B common stock will receive $2.10 per share. The dividends are payable on December 15, 2025, to shareholders who are on record as of the close of business on December 8, 2025. The company also issued a press release with further details, which is included as an exhibit.

Mechanics Bancorp completed the merger of HomeStreet Bank into Mechanics Bank on September 2, 2025, and Q3 results now reflect the combined institution for the remainder of the quarter. Total assets rose to $22,708,820 thousand from $16,490,112 thousand at December 31, 2024, with loan and lease receivables increasing to $14,568,795 thousand and deposits to $19,452,819 thousand. Shareholders’ equity grew to $2,774,134 thousand, helped by an improvement in accumulated other comprehensive loss.

Net interest income for the quarter was $145,670 thousand, but a sharply higher provision for credit losses on loans and leases of $46,058 thousand reduced net interest income after provision to $98,652 thousand. Noninterest income was boosted by a $90,363 thousand bargain purchase gain from the merger and a turnaround in securities results, with a $4,292 thousand year-to-date net gain on sales and calls of investment securities compared with a $(207,203) thousand loss in the prior-year period.

Mechanics Bancorp filed a Form 12b-25, notifying a late filing of its Form 10-Q for the quarter ended September 30, 2025. The company cites the need to finalize purchase accounting adjustments related to the merger completed on September 2, 2025, in which HomeStreet Bank merged into Mechanics Bank. Mechanics Bancorp intends to file the 10-Q on or before the fifth calendar day following the prescribed due date. The 10-Q will be the first to reflect merger effects, leading to a significant change in results.

Mechanics Bancorp furnished a third quarter 2025 investor slide presentation under Items 2.02 and 7.01. The materials are furnished and are not deemed “filed” under Section 18, and are not incorporated by reference except as expressly set forth by specific reference.

Management plans to use the slides in meetings with investors and analysts, including a webcast on October 31, 2025 at 11:00 a.m. Eastern. The presentation (Exhibit 99.1) will be available on the investor relations site at http://ir.mechanicsbank.com and includes forward‑looking statements. Readers are directed to the second slide for risk factors and to Risk Factors included in Exhibit 99.2 filed with the SEC on September 2, 2025.

Mechanics Bancorp furnished an update on its business by issuing a press release with results for the third quarter of 2025. The company submitted an 8‑K under Item 2.02, and attached the earnings release as Exhibit 99.1.

The company states this information is being furnished and is not deemed “filed” under Section 18 of the Exchange Act, and it is not incorporated by reference into Securities Act or Exchange Act filings. The press release provides the detailed third‑quarter results.

Mechanics Bancorp (formerly HomeStreet, Inc.) completed a merger on September 2, 2025 that converted Mechanics Bank voting shares into Class A common stock of the combined company. Under the merger, each Mechanics voting common share was converted into 3,301.0920 shares of the issuer's Class A stock. EB Acquisition Company LLC received 81,134,239 shares (36.9% of Class A) and EB Acquisition Company II LLC received 90,631,480 shares (41.2% of Class A), together representing 171,765,719 shares or 78.1% of the 219,822,191 outstanding Class A shares reported as of the Closing Date. The shares held by the Ford-related entities were issued in connection with the Merger and funded by capital contributions to the acquisition vehicles. The Ford parties and Rabobank have a registration rights agreement requiring the issuer to use reasonable best efforts to file a resale shelf registration on Form S-3 within 180 days of closing. Carl B. Webb is identified as sole manager of the ultimate management vehicle and is a director of the issuer.

Carl B. Webb, a director and reported >10% owner, disclosed receipt of Class A common stock of Mechanics Bancorp on 09/02/2025 in connection with the merger of Mechanics Bank into a wholly owned subsidiary of Mechanics Bancorp. Two non‑derivative transactions converted MB original voting common stock into Issuer Class A shares at a stated conversion ratio of 3301.0920 shares per MB share. The filing reports 81,134,239 Class A shares held indirectly by EB Acquisition Company LLC and 90,631,480 Class A shares held indirectly by EB Acquisition Company II LLC. The statement is filed jointly on behalf of multiple related entities, and the reporting persons disclaim direct beneficial ownership except for pecuniary interests.

Carl B. Webb filed a Form 3 reporting his initial statement of beneficial ownership for Mechanics Bancorp (MCHB). The filing states the event date as 09/02/2025 and the signature date as 09/08/2025. Mr. Webb is identified as a Director, and the form declares no securities are beneficially owned as of the reporting date. The filing references Exhibit 99.1 for signatures.