Call reports 2018
BERKSHIRE BANK — 2018
What BERKSHIRE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 11,491,638,000 | 11,877,219,000 | 12,003,869,000 | 12,187,936,000 |
| Total loans | 8,474,858,000 | 8,859,148,000 | 8,996,152,000 | 9,139,485,000 |
| Allowance for loan losses | 53,859,000 | 55,925,000 | 58,457,000 | 61,469,000 |
| Securities available for sale | 1,401,399,000 | 1,393,250,000 | 1,391,373,000 | 1,399,647,000 |
| Securities held to maturity | 395,337,000 | 379,905,000 | 379,404,000 | 373,763,000 |
| Trading assets | 38,275,000 | 44,799,000 | 46,406,000 | 46,866,000 |
| Total deposits | 8,752,534,000 | 8,914,526,000 | 8,829,867,000 | 9,057,698,000 |
| Interest-bearing deposits | 7,108,884,000 | 7,286,731,000 | 7,203,009,000 | 7,379,714,000 |
| Noninterest-bearing deposits | 1,643,650,000 | 1,627,795,000 | 1,626,858,000 | 1,677,983,000 |
| Equity capital | 1,456,642,000 | 1,473,884,000 | 1,524,083,000 | 1,545,282,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 107,159,000 | 223,957,000 | 343,067,000 | 470,837,000 |
| Interest expense | 20,870,000 | 45,525,000 | 74,263,000 | 107,207,000 |
| Net interest income | 86,289,000 | 178,432,000 | 268,804,000 | 363,630,000 |
| Noninterest income | 27,692,000 | 54,155,000 | 80,120,000 | 101,081,000 |
| Noninterest expense | 74,356,000 | 143,913,000 | 212,285,000 | 299,044,000 |
| Provision for loan losses | 5,575,000 | 12,107,000 | 18,735,000 | 25,451,000 |
| Pretax income | 33,076,000 | 76,276,000 | 117,835,000 | 137,655,000 |
| Income tax | 7,443,000 | 14,970,000 | 23,907,000 | 27,756,000 |
| Net income | 25,633,000 | 61,306,000 | 93,928,000 | 109,899,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 947,991,000 | 972,455,000 | 1,032,782,000 | 1,043,401,000 |
| Total capital | 1,025,553,000 | 1,053,337,000 | 1,084,579,000 | 1,100,783,000 |
| Risk-weighted assets | 8,549,673,000 | 8,770,235,000 | 8,893,650,000 | 9,014,813,000 |