Call reports 2017
BERKSHIRE BANK, THE — 2017
What BERKSHIRE BANK, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 694,868,000 | 699,877,000 | 679,277,000 | 665,114,000 |
| Total loans | 366,989,000 | 368,769,000 | 368,697,000 | 380,611,000 |
| Allowance for loan losses | 8,364,000 | 8,364,000 | 8,364,000 | 8,445,000 |
| Securities available for sale | 224,699,000 | 202,993,000 | 207,634,000 | 191,612,000 |
| Securities held to maturity | 9,000 | 8,000 | 8,000 | 8,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 578,824,000 | 583,370,000 | 561,417,000 | 549,298,000 |
| Interest-bearing deposits | 478,455,000 | 474,724,000 | 441,889,000 | 432,266,000 |
| Noninterest-bearing deposits | 100,370,000 | 108,646,000 | 119,528,000 | 117,032,000 |
| Equity capital | 111,769,000 | 112,047,000 | 112,804,000 | 111,426,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 5,851,000 | 11,926,000 | 18,132,000 | 24,150,000 |
| Interest expense | 799,000 | 1,607,000 | 2,377,000 | 3,122,000 |
| Net interest income | 5,052,000 | 10,319,000 | 15,755,000 | 21,028,000 |
| Noninterest income | 114,000 | 217,000 | 460,000 | 644,000 |
| Noninterest expense | 3,778,000 | 7,657,000 | 11,539,000 | 15,141,000 |
| Provision for loan losses | -18,000 | -18,000 | -18,000 | 219,000 |
| Pretax income | 1,406,000 | 6,337,000 | 10,571,000 | 12,189,000 |
| Income tax | 652,000 | 3,475,000 | 5,655,000 | 8,084,000 |
| Net income | 754,000 | 2,862,000 | 4,916,000 | 4,105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,435,000 | 107,532,000 | 109,821,000 | 110,109,000 |
| Total capital | 110,791,000 | 112,728,000 | 114,863,000 | 115,290,000 |
| Risk-weighted assets | 424,672,000 | 411,708,000 | 399,285,000 | 410,689,000 |