Call reports 2007
BERKSHIRE BANK MUNICIPAL BANK — 2007
What BERKSHIRE BANK MUNICIPAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 19,842,000 | 18,838,000 | 10,957,000 | 10,780,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 17,763,000 | 16,649,000 | 8,907,000 | 8,519,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,801,000 | 7,547,000 | 6,100,000 | 6,213,000 |
| Interest-bearing deposits | 5,646,000 | 7,412,000 | 5,984,000 | 6,138,000 |
| Noninterest-bearing deposits | 155,000 | 135,000 | 116,000 | 75,000 |
| Equity capital | 1,930,000 | 1,710,000 | 1,924,000 | 1,919,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 175,000 | 407,000 | 619,000 | 736,000 |
| Interest expense | 159,000 | 380,000 | 510,000 | 687,000 |
| Net interest income | 16,000 | 27,000 | 109,000 | 49,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 30,000 | 62,000 | 91,000 | 122,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -14,000 | -35,000 | 5,000 | -86,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -15,000 | -36,000 | 4,000 | -87,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,911,000 | 1,890,000 | 1,930,000 | 1,839,000 |
| Total capital | 1,911,000 | 1,890,000 | 1,930,000 | 1,839,000 |
| Risk-weighted assets | 4,031,000 | 3,964,000 | 2,228,000 | 2,161,000 |