Call reports 2008
BERKSHIRE BANK MUNICIPAL BANK — 2008
What BERKSHIRE BANK MUNICIPAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 13,814,000 | 12,122,000 | 11,203,000 | 10,729,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 10,535,000 | 9,622,000 | 8,944,000 | 8,480,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,252,000 | 7,625,000 | 5,925,000 | 5,486,000 |
| Interest-bearing deposits | 8,411,000 | 7,549,000 | 5,848,000 | 5,412,000 |
| Noninterest-bearing deposits | 841,000 | 76,000 | 77,000 | 74,000 |
| Equity capital | 4,467,000 | 4,436,000 | 4,492,000 | 4,607,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 122,000 | 252,000 | 370,000 | 482,000 |
| Interest expense | 82,000 | 140,000 | 181,000 | 209,000 |
| Net interest income | 40,000 | 112,000 | 189,000 | 273,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 34,000 | 64,000 | 88,000 | 116,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 6,000 | 48,000 | 101,000 | 157,000 |
| Income tax | 1,000 | 6,000 | 14,000 | 18,000 |
| Net income | 5,000 | 42,000 | 87,000 | 139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,331,000 | 4,367,000 | 4,412,000 | 4,464,000 |
| Total capital | 4,331,000 | 4,367,000 | 4,412,000 | 4,464,000 |
| Risk-weighted assets | 2,764,000 | 2,443,000 | 2,253,000 | 2,136,000 |