Call reports 2017
BERKSHIRE BANK — 2017
What BERKSHIRE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 9,256,647,000 | 9,584,928,000 | 9,723,291,000 | 11,528,145,000 |
| Total loans | 6,745,675,000 | 7,010,965,000 | 7,091,151,000 | 8,452,958,000 |
| Allowance for loan losses | 45,804,000 | 47,359,000 | 49,004,000 | 51,834,000 |
| Securities available for sale | 1,272,162,000 | 1,308,687,000 | 1,319,059,000 | 1,404,272,000 |
| Securities held to maturity | 331,178,000 | 350,992,000 | 395,065,000 | 397,103,000 |
| Trading assets | 35,924,000 | 37,204,000 | 34,938,000 | 31,586,000 |
| Total deposits | 6,699,521,000 | 6,886,906,000 | 6,961,226,000 | 8,839,528,000 |
| Interest-bearing deposits | 5,462,057,000 | 5,536,322,000 | 5,569,885,000 | 7,082,711,000 |
| Noninterest-bearing deposits | 1,237,465,000 | 1,350,585,000 | 1,391,340,000 | 1,756,817,000 |
| Equity capital | 1,070,589,000 | 1,113,970,000 | 1,129,029,000 | 1,409,669,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 80,220,000 | 164,414,000 | 252,999,000 | 358,346,000 |
| Interest expense | 12,948,000 | 27,193,000 | 43,380,000 | 61,961,000 |
| Net interest income | 67,272,000 | 137,221,000 | 209,619,000 | 296,385,000 |
| Noninterest income | 18,953,000 | 49,133,000 | 75,347,000 | 102,104,000 |
| Noninterest expense | 71,900,000 | 137,969,000 | 200,871,000 | 286,494,000 |
| Provision for loan losses | 5,095,000 | 9,984,000 | 14,884,000 | 21,025,000 |
| Pretax income | 20,154,000 | 49,325,000 | 80,134,000 | 101,923,000 |
| Income tax | 5,960,000 | 14,678,000 | 22,158,000 | 44,950,000 |
| Net income | 14,194,000 | 34,647,000 | 57,976,000 | 56,973,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 672,264,000 | 713,087,000 | 728,142,000 | 881,324,000 |
| Total capital | 754,219,000 | 797,067,000 | 814,359,000 | 954,172,000 |
| Risk-weighted assets | 6,805,611,000 | 6,970,626,000 | 6,969,281,000 | 8,538,788,000 |