Call reports 2018
BERKSHIRE BANK, THE — 2018
What BERKSHIRE BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 672,667,000 | 680,330,000 | 682,321,000 | 720,038,000 |
| Total loans | 378,540,000 | 392,079,000 | 374,777,000 | 378,422,000 |
| Allowance for loan losses | 7,333,000 | 7,285,000 | 7,285,000 | 7,330,000 |
| Securities available for sale | 190,764,000 | 195,239,000 | 168,113,000 | 180,312,000 |
| Securities held to maturity | 7,000 | 7,000 | 6,000 | 6,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 555,819,000 | 562,315,000 | 562,836,000 | 598,287,000 |
| Interest-bearing deposits | 434,070,000 | 415,741,000 | 434,878,000 | 475,090,000 |
| Noninterest-bearing deposits | 121,749,000 | 146,574,000 | 127,958,000 | 123,198,000 |
| Equity capital | 111,763,000 | 112,477,000 | 114,041,000 | 115,881,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 6,145,000 | 12,593,000 | 19,777,000 | 26,752,000 |
| Interest expense | 764,000 | 1,587,000 | 2,527,000 | 3,649,000 |
| Net interest income | 5,381,000 | 11,006,000 | 17,250,000 | 23,103,000 |
| Noninterest income | 107,000 | 192,000 | 281,000 | 366,000 |
| Noninterest expense | 3,809,000 | 7,662,000 | 11,476,000 | 15,340,000 |
| Provision for loan losses | 0 | 325,000 | 325,000 | 498,000 |
| Pretax income | 1,679,000 | 3,211,000 | 5,690,000 | 7,591,000 |
| Income tax | 941,000 | 1,458,000 | 2,210,000 | 2,830,000 |
| Net income | 738,000 | 1,753,000 | 3,480,000 | 4,761,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 110,837,000 | 111,854,000 | 114,946,000 | 116,307,000 |
| Total capital | 115,990,000 | 117,178,000 | 120,067,000 | 121,516,000 |
| Risk-weighted assets | 409,500,000 | 423,952,000 | 407,528,000 | 414,588,000 |