Mechanics Bancorp Schedule 13D Filing

The Schedule 13D filing by Mechanics Bancorp, dated September 9, 2025, discloses significant ownership changes following a merger. The filing is submitted by EB Acquisition Company LLC, EB Acquisition Company II LLC, Ford Financial Fund II, L.P., Ford Financial Fund III, L.P., Ford Management II, L.P., Ford Management III, L.P., Ford Ultimate Management II, LLC, and Carl B. Webb. The merger, completed on September 2, 2025, involved Mechanics Bank and HomeStreet Bank, resulting in Mechanics Bank becoming a wholly-owned subsidiary of Mechanics Bancorp. The filing details the conversion of shares and the beneficial ownership of Class A common stock by the reporting entities. EB Acquisition Company LLC and EB Acquisition Company II LLC collectively hold a substantial percentage of the Class A common stock, with Ford Ultimate Management II, LLC and Carl B. Webb exercising significant control. The filing also outlines the investment intent of the reporting persons, indicating potential future transactions and changes in ownership.