Call reports 2008
BERKSHIRE BANK, THE — 2008
What BERKSHIRE BANK, THE reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,036,273,000 | 1,047,604,000 | 916,916,000 | 921,451,000 |
| Total loans | 445,411,000 | 460,371,000 | 476,496,000 | 466,753,000 |
| Allowance for loan losses | 4,398,000 | 5,052,000 | 5,207,000 | 9,204,000 |
| Securities available for sale | 533,494,000 | 503,545,000 | 289,117,000 | 291,610,000 |
| Securities held to maturity | 390,000 | 384,000 | 379,000 | 360,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 826,538,000 | 825,532,000 | 787,889,000 | 728,809,000 |
| Interest-bearing deposits | 771,817,000 | 768,375,000 | 739,149,000 | 677,496,000 |
| Noninterest-bearing deposits | 54,721,000 | 57,157,000 | 48,740,000 | 51,313,000 |
| Equity capital | 111,647,000 | 108,185,000 | 3,795,000 | 65,816,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 15,966,000 | 31,211,000 | 45,444,000 | 58,415,000 |
| Interest expense | 8,754,000 | 16,140,000 | 22,944,000 | 29,321,000 |
| Net interest income | 7,212,000 | 15,071,000 | 22,500,000 | 29,094,000 |
| Noninterest income | 408,000 | 765,000 | 1,132,000 | 1,442,000 |
| Noninterest expense | 3,661,000 | 7,323,000 | 11,163,000 | 15,095,000 |
| Provision for loan losses | 150,000 | 804,000 | 954,000 | 4,904,000 |
| Pretax income | 3,867,000 | 7,787,000 | -82,852,000 | -84,494,000 |
| Income tax | 954,000 | 1,966,000 | -227,000 | -5,627,000 |
| Net income | 2,913,000 | 5,821,000 | -82,625,000 | -78,867,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 102,066,000 | 104,500,000 | 16,713,000 | 79,129,000 |
| Total capital | 106,464,000 | 109,552,000 | 21,920,000 | 87,246,000 |
| Risk-weighted assets | 757,925,000 | 756,990,000 | 643,169,000 | 648,260,000 |
Machine access — free, no API key
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