Call reports 2012
BERKSHIRE BANK, THE — 2012
What BERKSHIRE BANK, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 880,761,000 | 879,465,000 | 838,694,000 | 821,335,000 |
| Total loans | 321,856,000 | 320,299,000 | 308,900,000 | 295,165,000 |
| Allowance for loan losses | 17,720,000 | 17,718,000 | 13,525,000 | 11,008,000 |
| Securities available for sale | 418,099,000 | 391,081,000 | 387,057,000 | 356,303,000 |
| Securities held to maturity | 291,000 | 286,000 | 281,000 | 276,000 |
| Trading assets | 0 | 0 | 9,131,000 | 0 |
| Total deposits | 680,096,000 | 681,221,000 | 651,816,000 | 645,897,000 |
| Interest-bearing deposits | 603,874,000 | 605,181,000 | 572,407,000 | 561,325,000 |
| Noninterest-bearing deposits | 76,223,000 | 76,039,000 | 79,409,000 | 84,572,000 |
| Equity capital | 140,056,000 | 138,854,000 | 128,795,000 | 124,278,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 7,335,000 | 14,572,000 | 21,637,000 | 28,578,000 |
| Interest expense | 1,721,000 | 3,381,000 | 5,000,000 | 6,447,000 |
| Net interest income | 5,614,000 | 11,191,000 | 16,637,000 | 22,131,000 |
| Noninterest income | 303,000 | 536,000 | 1,161,000 | 1,246,000 |
| Noninterest expense | 4,015,000 | 7,873,000 | 11,621,000 | 15,707,000 |
| Provision for loan losses | 0 | 0 | -4,193,000 | -6,693,000 |
| Pretax income | 2,122,000 | 3,962,000 | 10,540,000 | 14,527,000 |
| Income tax | -269,000 | -1,697,000 | 2,077,000 | 1,507,000 |
| Net income | 2,391,000 | 5,659,000 | 8,463,000 | 13,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 140,988,000 | 139,126,000 | 126,881,000 | 119,006,000 |
| Total capital | 146,015,000 | 144,111,000 | 131,689,000 | 123,634,000 |
| Risk-weighted assets | 394,533,000 | 386,055,000 | 375,915,000 | 363,867,000 |