Every 10-Q that HomeStreet, Inc. (HMST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HMST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HMST filings page.
Mechanics Bancorp reported first-quarter 2026 results reflecting its post‑merger scale. Total assets were $21.39 billion and total deposits were $18.24 billion at March 31, 2026. Net income was $44.1 million, slightly above $43.8 million a year earlier, with net interest income rising to $179.0 million from $128.5 million.
Noninterest income increased to $21.0 million, helped by higher service charges, loan servicing and bank‑owned life insurance income, while noninterest expense rose to $130.4 million, including $4.8 million of acquisition and integration costs. Loans totaled $13.85 billion and the allowance for credit losses on loans increased to $156.8 million. Cash and cash equivalents declined to $483.5 million, driven by a $939.7 million net use of cash in financing activities, mainly an approximately $782.1 million decrease in deposits and redemption of $65 million of Senior Notes.
The 2025 merger with HomeStreet Bank was accounted for as a reverse acquisition, with Mechanics Bank as the accounting acquirer. A preliminary bargain purchase gain of $145.5 million was recorded, and fair value estimates for acquired assets and liabilities remain subject to adjustment within the one‑year measurement period. After quarter‑end, Mechanics Bank completed the previously announced sale of its Fannie Mae Multifamily DUS business line to Fifth Third for approximately $126 million in cash.
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.