Call reports 2021
BERKSHIRE BANK — 2021
What BERKSHIRE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 12,754,388,000 | 12,266,677,000 | 11,856,047,000 | 11,548,730,000 |
| Total loans | 7,960,924,000 | 7,492,553,000 | 6,841,411,000 | 6,831,957,000 |
| Allowance for loan losses | 123,800,000 | 119,044,000 | 112,916,000 | 106,094,000 |
| Securities available for sale | 1,627,330,000 | 1,640,512,000 | 1,643,965,000 | 1,877,585,000 |
| Securities held to maturity | 610,637,000 | 665,786,000 | 651,863,000 | 636,502,000 |
| Trading assets | 116,200,000 | 121,714,000 | 105,701,000 | 87,882,000 |
| Total deposits | 10,985,393,000 | 10,690,722,000 | 10,487,472,000 | 10,182,209,000 |
| Interest-bearing deposits | 8,009,348,000 | 7,598,635,000 | 7,342,463,000 | 7,060,346,000 |
| Noninterest-bearing deposits | 2,976,045,000 | 3,092,087,000 | 3,145,009,000 | 3,121,863,000 |
| Equity capital | 1,174,761,000 | 1,130,086,000 | 1,161,469,000 | 1,164,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 88,149,000 | 173,511,000 | 253,197,000 | 329,051,000 |
| Interest expense | 11,595,000 | 20,102,000 | 26,959,000 | 31,979,000 |
| Net interest income | 76,554,000 | 153,409,000 | 226,238,000 | 297,072,000 |
| Noninterest income | 22,765,000 | 42,217,000 | 76,776,000 | 95,866,000 |
| Noninterest expense | 75,073,000 | 141,540,000 | 208,957,000 | 276,473,000 |
| Provision for loan losses | 6,493,000 | 6,474,000 | 2,479,000 | -501,000 |
| Pretax income | 17,628,000 | 47,376,000 | 91,256,000 | 116,516,000 |
| Income tax | 3,861,000 | 11,075,000 | 17,556,000 | 21,771,000 |
| Net income | 13,767,000 | 36,301,000 | 73,700,000 | 94,745,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,154,604,000 | 1,105,508,000 | 1,147,222,000 | 1,160,458,000 |
| Total capital | 1,253,016,000 | 1,200,204,000 | 1,236,666,000 | 1,244,604,000 |
| Risk-weighted assets | 8,138,738,000 | 8,016,164,000 | 7,622,581,000 | 7,843,477,000 |