Call reports 2021
BERKSHIRE BANK, THE — 2021
What BERKSHIRE BANK, THE reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 666,532,000 | 665,836,000 | 665,807,000 | 671,401,000 |
| Total loans | 317,345,000 | 327,872,000 | 312,415,000 | 307,673,000 |
| Allowance for loan losses | 10,250,000 | 10,250,000 | 9,915,000 | 9,916,000 |
| Securities available for sale | 70,545,000 | 64,185,000 | 107,325,000 | 109,822,000 |
| Securities held to maturity | 3,000 | 2,000 | 2,000 | 2,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 536,539,000 | 534,114,000 | 533,877,000 | 540,481,000 |
| Interest-bearing deposits | 417,309,000 | 404,434,000 | 413,873,000 | 411,654,000 |
| Noninterest-bearing deposits | 119,230,000 | 129,680,000 | 120,005,000 | 128,827,000 |
| Equity capital | 123,504,000 | 124,111,000 | 123,812,000 | 124,179,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,538,000 | 8,738,000 | 13,030,000 | 17,410,000 |
| Interest expense | 386,000 | 683,000 | 951,000 | 1,205,000 |
| Net interest income | 4,152,000 | 8,055,000 | 12,079,000 | 16,205,000 |
| Noninterest income | 42,000 | 104,000 | 151,000 | 202,000 |
| Noninterest expense | 3,991,000 | 7,828,000 | 11,331,000 | 14,594,000 |
| Provision for loan losses | -100,000 | -100,000 | -100,000 | -100,000 |
| Pretax income | 243,000 | 799,000 | 1,657,000 | 2,578,000 |
| Income tax | 77,000 | 255,000 | 512,000 | 827,000 |
| Net income | 166,000 | 544,000 | 1,145,000 | 1,751,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 123,399,000 | 123,777,000 | 124,379,000 | 124,985,000 |
| Total capital | 127,666,000 | 128,170,000 | 128,561,000 | 129,153,000 |
| Risk-weighted assets | 335,360,000 | 345,593,000 | 328,847,000 | 327,762,000 |