Welcome to our dedicated page for Homestreet SEC filings (Ticker: HMST), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
HomeStreet Inc. filings document its historical public-company record as the parent of HomeStreet Bank and the completed merger transition to Mechanics Bancorp. The filing record includes material-event reports, operating-results disclosures, capital-structure items, shareholder and governance matters, and notices tied to periodic-report timing.
Subsequent filings identify Mechanics Bancorp as the registrant and cover results of operations, Regulation FD materials, cash dividends on Class A and Class B common stock, bylaw amendments for uncertificated book-entry shares, definitive proxy governance disclosures, and material events involving Mechanics Bank business lines.
Mechanics Bancorp reported that its wholly owned subsidiary, Mechanics Bank, has completed the previously announced sale of its Fannie Mae Delegated Underwriting and Servicing business line to Fifth Third Bank, National Association. The transaction closed for aggregate cash consideration of approximately $126 million.
This move shifts Mechanics Bancorp’s business mix by exiting this specific Fannie Mae underwriting and servicing activity while adding a substantial cash inflow at the bank subsidiary level.
Mechanics Bancorp reported first quarter 2026 net income of $44.1 million, or $0.19 per diluted Class A share. This was down from $111.2 million, or $0.48, in the fourth quarter of 2025, which benefited from a $55.1 million bargain purchase gain related to the HomeStreet merger.
Total assets were $21.4 billion with loans of $13.9 billion and deposits of $18.2 billion at March 31, 2026. Net interest margin improved to 3.61% from 3.50% as the total cost of deposits fell to 1.28%. Earnings were weighed by $6.5 million of provision tied to geopolitical uncertainty, $4.8 million of merger expenses and a $1.7 million deferred tax asset remeasurement. Capital remained strong with a 13.91% CET1 ratio and 8.66% Tier 1 leverage ratio, while credit quality indicators, including a 0.25% nonperforming assets-to-total assets ratio, stayed conservative.
Mechanics Bancorp is asking shareholders to vote at its 2026 annual meeting on three items: electing eight directors for one-year terms, approving on an advisory basis executive compensation, and ratifying Crowe LLP as independent auditor for 2026.
The proxy details the 2025 merger in which HomeStreet Bank combined with Mechanics Bank, leaving Mechanics Bank as the main operating subsidiary and legacy Mechanics Bank holders owning most of the company’s equity and voting power. The Ford-affiliated entities now control a majority of votes, so Mechanics Bancorp qualifies as a Nasdaq “controlled company” and uses related governance exemptions.
The filing describes board structure, committee memberships, independence determinations, and codes of conduct, as well as 2025 compensation for current and former executives, including significant change‑in‑control severance for prior HomeStreet leaders and new long‑term incentive awards for current officers.
Mechanics Bancorp director Douglas E. Downer reported a mix of stock awards and family gifts involving the company’s Class A common stock. On September 2, 2025, trusts associated with him acquired large indirect positions and he received 2,554 deferred incentive units, each economically equivalent to one share of Class A stock, in connection with the merger involving HomeStreet Bank and Mechanics Bank.
On October 7, 2025, he made two bona fide gifts totaling 150,000 shares of Class A common stock to separate irrevocable trusts for his son and daughter. The filing states that he disclaims any pecuniary interest in the gifted shares. These are non-cash, estate- and trust-planning moves rather than market sales.
Mechanics Bancorp director Douglas E. Downer filed an initial ownership report on Form 3. The filing lists him as a director but does not report any buy, sell, or other insider transactions. It functions as a baseline disclosure of his status as an insider.
Mechanics Bancorp filed a Notification of Late Filing (Form 12b-25) stating its Annual Report on Form 10-K for the period ended December 31, 2025 was filed on March 16, 2026 at approximately 9:45 p.m. EDT, after the prescribed deadline of 5:30 p.m. EDT on that date.
The company attributes the delay to needing extra time to provide documentation for the audit and for its auditor to review that documentation. The Form 10-K is the first annual report to reflect the merger closed on September 2, 2025, and the filing notes a significant change in results of operations because pre-closing periods reflect Mechanics Bank standalone results while post-closing periods reflect consolidated results.
Mechanics Bancorp filed its annual report detailing a transformative reverse merger completed on September 2, 2025, in which HomeStreet Bank merged into Mechanics Bank, with Mechanics Bank as the accounting acquirer and Mechanics Bancorp as the legal acquirer. Financial statements before this date reflect legacy Mechanics Bank only, while 2025 results blend standalone Mechanics Bank with the post‑merger combined company. Share counts and earnings per share have been retrospectively restated to reflect the merger structure. The company now operates a 121‑year‑old community bank franchise with 166 branches across California, Washington, Oregon and Hawaii, and remains majority controlled by Ford Financial Funds, which hold approximately 77% of voting power.
Mechanics Bancorp Executive Vice President and Chief Financial Officer Nathan Duda reported an equity award. He was granted 7,626 restricted stock units, each representing a contingent right to receive one share of Class A common stock without paying any exercise price on vesting.
The RSUs vest in three equal annual installments beginning on March 1, 2027, providing a multi‑year retention and incentive schedule. Following this award, Duda reported owning 39,993 shares of Class A common stock directly.
Mechanics Bancorp reported that EVP and Chief Credit Officer Scott A. Givans acquired 6,574 shares of Class A common stock through a grant of restricted stock units. These RSUs vest in three equal annual installments beginning on March 1, 2027, and require no cash payment when they vest.
After this award, Givans directly holds 38,137 shares of Mechanics Bancorp Class A common stock. The filing reflects routine equity-based compensation that increases his alignment with common shareholders over time as the RSUs vest.