Call reports 2019
BERKSHIRE BANK, THE — 2019
What BERKSHIRE BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 699,998,000 | 667,398,000 | 642,882,000 | 640,314,000 |
| Total loans | 376,308,000 | 368,075,000 | 372,864,000 | 353,346,000 |
| Allowance for loan losses | 7,321,000 | 7,083,000 | 7,138,000 | 7,140,000 |
| Securities available for sale | 179,586,000 | 193,541,000 | 174,391,000 | 187,867,000 |
| Securities held to maturity | 5,000 | 5,000 | 5,000 | 4,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 575,746,000 | 540,654,000 | 512,462,000 | 509,242,000 |
| Interest-bearing deposits | 464,678,000 | 426,257,000 | 411,977,000 | 398,422,000 |
| Noninterest-bearing deposits | 111,068,000 | 114,397,000 | 100,485,000 | 110,820,000 |
| Equity capital | 117,719,000 | 119,723,000 | 120,877,000 | 121,992,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 7,017,000 | 14,245,000 | 20,835,000 | 27,331,000 |
| Interest expense | 1,199,000 | 2,506,000 | 3,821,000 | 5,140,000 |
| Net interest income | 5,818,000 | 11,739,000 | 17,014,000 | 22,191,000 |
| Noninterest income | 95,000 | 193,000 | 286,000 | 381,000 |
| Noninterest expense | 4,000,000 | 8,066,000 | 12,049,000 | 15,509,000 |
| Provision for loan losses | 91,000 | -149,000 | -67,000 | -106,000 |
| Pretax income | 1,822,000 | 4,015,000 | 5,318,000 | 7,300,000 |
| Income tax | 631,000 | 1,361,000 | 1,779,000 | 2,410,000 |
| Net income | 1,191,000 | 2,654,000 | 3,539,000 | 4,890,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 117,899,000 | 119,762,000 | 120,963,000 | 122,226,000 |
| Total capital | 123,041,000 | 124,860,000 | 126,208,000 | 127,111,000 |
| Risk-weighted assets | 409,179,000 | 405,829,000 | 417,699,000 | 388,534,000 |