Call reports 2013
BERKSHIRE BANK, THE — 2013
What BERKSHIRE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 793,498,000 | 783,369,000 | 769,523,000 | 766,716,000 |
| Total loans | 297,646,000 | 305,876,000 | 304,607,000 | 316,970,000 |
| Allowance for loan losses | 10,705,000 | 10,387,000 | 10,122,000 | 7,786,000 |
| Securities available for sale | 349,813,000 | 356,082,000 | 343,775,000 | 334,372,000 |
| Securities held to maturity | 270,000 | 264,000 | 258,000 | 253,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 614,316,000 | 611,305,000 | 616,072,000 | 616,860,000 |
| Interest-bearing deposits | 538,136,000 | 521,413,000 | 526,263,000 | 528,525,000 |
| Noninterest-bearing deposits | 76,180,000 | 89,892,000 | 89,810,000 | 88,335,000 |
| Equity capital | 127,376,000 | 120,933,000 | 117,682,000 | 115,184,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 6,517,000 | 12,956,000 | 19,465,000 | 25,928,000 |
| Interest expense | 1,346,000 | 2,681,000 | 3,808,000 | 4,813,000 |
| Net interest income | 5,171,000 | 10,275,000 | 15,657,000 | 21,115,000 |
| Noninterest income | 467,000 | 635,000 | 860,000 | 1,009,000 |
| Noninterest expense | 4,272,000 | 8,187,000 | 12,367,000 | 16,229,000 |
| Provision for loan losses | -303,000 | -601,000 | -865,000 | -3,196,000 |
| Pretax income | 1,690,000 | 3,637,000 | 5,353,000 | -2,776,000 |
| Income tax | 678,000 | 1,386,000 | 1,955,000 | -1,013,000 |
| Net income | 1,012,000 | 2,251,000 | 3,398,000 | -1,763,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 124,970,000 | 127,440,000 | 127,914,000 | 116,186,000 |
| Total capital | 129,596,000 | 132,232,000 | 132,708,000 | 120,953,000 |
| Risk-weighted assets | 363,970,000 | 377,761,000 | 378,113,000 | 378,374,000 |