Call reports 2024
BERKSHIRE BANK — 2024
What BERKSHIRE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 12,140,942,000 | 12,214,264,000 | 11,598,986,000 | 12,267,590,000 |
| Total loans | 9,150,289,000 | 9,335,703,000 | 9,262,955,000 | 9,388,070,000 |
| Allowance for loan losses | 107,331,000 | 112,167,000 | 112,047,000 | 114,700,000 |
| Securities available for sale | 625,857,000 | 611,711,000 | 661,740,000 | 655,722,000 |
| Securities held to maturity | 531,820,000 | 520,239,000 | 512,277,000 | 507,658,000 |
| Trading assets | 58,002,000 | 57,806,000 | 48,188,000 | 52,988,000 |
| Total deposits | 10,466,336,000 | 10,174,678,000 | 9,653,844,000 | 10,542,730,000 |
| Interest-bearing deposits | 8,007,844,000 | 7,776,908,000 | 7,309,773,000 | 8,050,204,000 |
| Noninterest-bearing deposits | 2,458,492,000 | 2,397,770,000 | 2,344,071,000 | 2,492,526,000 |
| Equity capital | 1,038,738,000 | 1,055,467,000 | 1,121,751,000 | 1,125,857,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 151,993,000 | 306,088,000 | 463,344,000 | 613,885,000 |
| Interest expense | 61,987,000 | 125,683,000 | 193,013,000 | 254,849,000 |
| Net interest income | 90,006,000 | 180,405,000 | 270,331,000 | 359,036,000 |
| Noninterest income | 17,222,000 | 37,149,000 | 73,905,000 | 97,392,000 |
| Noninterest expense | 75,360,000 | 145,468,000 | 216,188,000 | 287,505,000 |
| Provision for loan losses | 6,007,000 | 12,502,000 | 18,003,000 | 24,005,000 |
| Pretax income | -24,247,000 | 9,385,000 | 59,823,000 | 94,279,000 |
| Income tax | -5,691,000 | 2,164,000 | 13,423,000 | 20,974,000 |
| Net income | -18,556,000 | 7,221,000 | 46,400,000 | 73,305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,143,219,000 | 1,161,124,000 | 1,202,849,000 | 1,225,075,000 |
| Total capital | 1,252,499,000 | 1,275,239,000 | 1,317,423,000 | 1,342,307,000 |
| Risk-weighted assets | 9,645,807,000 | 9,598,046,000 | 9,643,800,000 | 9,740,322,000 |