Call reports 2010
BERKSHIRE BANK, THE — 2010
What BERKSHIRE BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 897,670,000 | 841,286,000 | 848,637,000 | 818,660,000 |
| Total loans | 403,811,000 | 383,273,000 | 375,923,000 | 366,305,000 |
| Allowance for loan losses | 11,900,000 | 13,105,000 | 14,605,000 | 16,105,000 |
| Securities available for sale | 361,146,000 | 331,747,000 | 349,320,000 | 347,300,000 |
| Securities held to maturity | 334,000 | 329,000 | 324,000 | 319,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 716,728,000 | 680,026,000 | 681,709,000 | 670,434,000 |
| Interest-bearing deposits | 646,515,000 | 614,017,000 | 608,135,000 | 596,825,000 |
| Noninterest-bearing deposits | 70,213,000 | 66,009,000 | 73,575,000 | 73,610,000 |
| Equity capital | 94,293,000 | 91,579,000 | 98,712,000 | 81,977,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 10,291,000 | 20,281,000 | 30,008,000 | 39,342,000 |
| Interest expense | 3,110,000 | 5,819,000 | 8,189,000 | 10,420,000 |
| Net interest income | 7,181,000 | 14,462,000 | 21,819,000 | 28,922,000 |
| Noninterest income | 228,000 | 682,000 | 925,000 | 1,141,000 |
| Noninterest expense | 4,196,000 | 8,499,000 | 12,825,000 | 35,843,000 |
| Provision for loan losses | 1,250,000 | 2,750,000 | 4,250,000 | 5,750,000 |
| Pretax income | 2,118,000 | 3,088,000 | 4,924,000 | -12,223,000 |
| Income tax | 707,000 | 916,000 | 0 | -238,000 |
| Net income | 1,411,000 | 2,172,000 | 4,924,000 | -11,985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,414,000 | 86,175,000 | 88,925,000 | 84,082,000 |
| Total capital | 91,936,000 | 92,260,000 | 94,817,000 | 89,942,000 |
| Risk-weighted assets | 516,351,000 | 479,791,000 | 462,653,000 | 458,527,000 |