Call reports 2022
BERKSHIRE BANK — 2022
What BERKSHIRE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 12,092,810,000 | 11,576,551,000 | 11,310,718,000 | 11,656,860,000 |
| Total loans | 7,267,623,000 | 7,804,513,000 | 7,947,606,000 | 8,339,621,000 |
| Allowance for loan losses | 99,475,000 | 99,021,000 | 96,013,000 | 96,270,000 |
| Securities available for sale | 2,032,575,000 | 1,697,019,000 | 1,470,949,000 | 1,422,545,000 |
| Securities held to maturity | 612,174,000 | 602,612,000 | 592,503,000 | 583,454,000 |
| Trading assets | 56,870,000 | 65,700,000 | 59,831,000 | 59,013,000 |
| Total deposits | 10,828,053,000 | 10,293,037,000 | 10,112,629,000 | 10,421,742,000 |
| Interest-bearing deposits | 7,678,495,000 | 7,193,166,000 | 7,091,291,000 | 7,474,968,000 |
| Noninterest-bearing deposits | 3,149,558,000 | 3,099,871,000 | 3,021,338,000 | 2,946,773,000 |
| Equity capital | 1,059,758,000 | 1,029,108,000 | 937,139,000 | 978,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 74,820,000 | 162,194,000 | 265,859,000 | 387,234,000 |
| Interest expense | 4,353,000 | 8,849,000 | 17,193,000 | 34,719,000 |
| Net interest income | 70,467,000 | 153,345,000 | 248,666,000 | 352,515,000 |
| Noninterest income | 20,996,000 | 37,546,000 | 54,083,000 | 69,350,000 |
| Noninterest expense | 67,639,000 | 135,180,000 | 215,275,000 | 283,713,000 |
| Provision for loan losses | -3,994,000 | -3,990,000 | -990,000 | 11,014,000 |
| Pretax income | 27,090,000 | 58,418,000 | 85,772,000 | 123,669,000 |
| Income tax | 5,502,000 | 12,178,000 | 18,103,000 | 23,892,000 |
| Net income | 21,588,000 | 46,240,000 | 67,669,000 | 99,777,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,129,725,000 | 1,144,844,000 | 1,119,425,000 | 1,155,280,000 |
| Total capital | 1,215,194,000 | 1,230,207,000 | 1,202,610,000 | 1,239,722,000 |
| Risk-weighted assets | 8,378,263,000 | 8,737,704,000 | 8,813,474,000 | 9,142,146,000 |