Call reports 2016
BERKSHIRE BANK — 2016
What BERKSHIRE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 7,783,691,000 | 8,010,475,000 | 7,893,906,000 | 9,119,415,000 |
| Total loans | 5,742,609,000 | 6,022,751,000 | 6,067,475,000 | 6,670,460,000 |
| Allowance for loan losses | 40,055,000 | 41,397,000 | 43,105,000 | 43,998,000 |
| Securities available for sale | 1,161,634,000 | 1,061,854,000 | 925,938,000 | 1,185,886,000 |
| Securities held to maturity | 128,196,000 | 132,010,000 | 131,467,000 | 334,368,000 |
| Trading assets | 45,943,000 | 53,758,000 | 51,269,000 | 34,846,000 |
| Total deposits | 5,654,883,000 | 5,713,834,000 | 5,796,763,000 | 6,668,680,000 |
| Interest-bearing deposits | 4,571,542,000 | 4,630,198,000 | 4,636,021,000 | 5,343,826,000 |
| Noninterest-bearing deposits | 1,083,341,000 | 1,083,636,000 | 1,160,742,000 | 1,324,854,000 |
| Equity capital | 892,559,000 | 904,764,000 | 915,461,000 | 1,068,920,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 67,927,000 | 136,666,000 | 206,739,000 | 278,703,000 |
| Interest expense | 9,929,000 | 20,643,000 | 32,329,000 | 44,741,000 |
| Net interest income | 57,998,000 | 116,023,000 | 174,410,000 | 233,962,000 |
| Noninterest income | 12,573,000 | 24,049,000 | 40,204,000 | 55,201,000 |
| Noninterest expense | 44,304,000 | 87,595,000 | 133,273,000 | 191,031,000 |
| Provision for loan losses | 4,006,000 | 8,528,000 | 13,262,000 | 17,362,000 |
| Pretax income | 22,297,000 | 43,971,000 | 68,157,000 | 80,195,000 |
| Income tax | 6,237,000 | 11,665,000 | 18,951,000 | 19,844,000 |
| Net income | 16,060,000 | 32,306,000 | 49,206,000 | 60,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 574,477,000 | 564,869,000 | 579,542,000 | 671,677,000 |
| Total capital | 648,413,000 | 639,072,000 | 658,178,000 | 755,668,000 |
| Risk-weighted assets | 5,815,633,000 | 6,011,058,000 | 6,020,942,000 | 6,761,702,000 |