Call reports 2011
BERKSHIRE BANK, THE — 2011
What BERKSHIRE BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 833,386,000 | 882,232,000 | 844,035,000 | 854,009,000 |
| Total loans | 349,598,000 | 346,723,000 | 331,030,000 | 317,021,000 |
| Allowance for loan losses | 17,325,000 | 17,730,000 | 17,730,000 | 17,720,000 |
| Securities available for sale | 395,040,000 | 402,960,000 | 402,616,000 | 412,438,000 |
| Securities held to maturity | 314,000 | 310,000 | 304,000 | 298,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 681,149,000 | 675,753,000 | 651,445,000 | 659,623,000 |
| Interest-bearing deposits | 601,882,000 | 592,566,000 | 573,007,000 | 585,289,000 |
| Noninterest-bearing deposits | 79,268,000 | 83,187,000 | 78,438,000 | 74,334,000 |
| Equity capital | 86,922,000 | 132,409,000 | 129,450,000 | 132,173,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 8,855,000 | 17,839,000 | 26,306,000 | 34,267,000 |
| Interest expense | 2,161,000 | 4,282,000 | 6,341,000 | 8,181,000 |
| Net interest income | 6,694,000 | 13,557,000 | 19,965,000 | 26,086,000 |
| Noninterest income | 223,000 | 43,401,000 | 43,611,000 | 43,815,000 |
| Noninterest expense | 4,198,000 | 8,285,000 | 12,454,000 | 16,450,000 |
| Provision for loan losses | 1,200,000 | 1,600,000 | 1,600,000 | 1,600,000 |
| Pretax income | 1,574,000 | 46,936,000 | 50,485,000 | 53,085,000 |
| Income tax | -527,000 | 1,621,000 | 1,935,000 | 1,455,000 |
| Net income | 2,101,000 | 45,315,000 | 48,550,000 | 51,630,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 85,827,000 | 132,463,000 | 135,355,000 | 138,757,000 |
| Total capital | 91,463,000 | 137,880,000 | 140,619,000 | 143,893,000 |
| Risk-weighted assets | 439,172,000 | 421,080,000 | 408,661,000 | 398,089,000 |