WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Mechanics Bank (MCHB) on Friday reported net income of $124.3…WALNUT CREEK, Calif. (AP) — WALNUT CREEK, Calif. (AP) — Mechanics Bank (MCHB) on Friday reported net income of $124.3 million in its fourth quarter. The bank, based in Walnut Creek, California, said it had earnings of 54 cents per share. The real estate lender posted revenue of $333.7 million in the period. Its revenue net of interest expense was $260 million, surpassing Street forecasts. Revenue was reported as $808.6 million.