Call reports 2015
BERKSHIRE BANK, THE — 2015
What BERKSHIRE BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 741,671,000 | 748,559,000 | 748,946,000 | 725,901,000 |
| Total loans | 300,898,000 | 293,426,000 | 321,457,000 | 325,863,000 |
| Allowance for loan losses | 7,533,000 | 8,029,000 | 8,039,000 | 8,099,000 |
| Securities available for sale | 355,216,000 | 343,313,000 | 330,864,000 | 326,590,000 |
| Securities held to maturity | 224,000 | 219,000 | 212,000 | 205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 601,864,000 | 608,633,000 | 608,123,000 | 584,549,000 |
| Interest-bearing deposits | 503,762,000 | 501,920,000 | 493,599,000 | 473,571,000 |
| Noninterest-bearing deposits | 98,102,000 | 106,713,000 | 114,524,000 | 110,977,000 |
| Equity capital | 104,599,000 | 104,274,000 | 105,537,000 | 106,620,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,941,000 | 11,697,000 | 17,517,000 | 23,442,000 |
| Interest expense | 946,000 | 1,915,000 | 2,892,000 | 3,839,000 |
| Net interest income | 4,995,000 | 9,782,000 | 14,625,000 | 19,603,000 |
| Noninterest income | 98,000 | 202,000 | 285,000 | 363,000 |
| Noninterest expense | 4,167,000 | 8,101,000 | 12,004,000 | 15,668,000 |
| Provision for loan losses | -26,000 | 469,000 | 479,000 | 539,000 |
| Pretax income | 973,000 | 1,435,000 | 2,448,000 | 3,780,000 |
| Income tax | 308,000 | -358,000 | -60,000 | 280,000 |
| Net income | 665,000 | 1,793,000 | 2,508,000 | 3,500,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,997,000 | 98,816,000 | 99,741,000 | 100,739,000 |
| Total capital | 102,425,000 | 103,227,000 | 104,666,000 | 105,903,000 |
| Risk-weighted assets | 348,348,000 | 346,280,000 | 387,982,000 | 407,331,000 |