Call reports 2009
BERKSHIRE BANK MUNICIPAL BANK — 2009
What BERKSHIRE BANK MUNICIPAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 19,775,000 | 19,855,000 | 21,252,000 | 21,988,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 13,067,000 | 12,230,000 | 11,799,000 | 11,297,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,726,000 | 9,738,000 | 10,970,000 | 11,697,000 |
| Interest-bearing deposits | 9,411,000 | 9,641,000 | 10,868,000 | 11,588,000 |
| Noninterest-bearing deposits | 316,000 | 97,000 | 102,000 | 109,000 |
| Equity capital | 9,920,000 | 9,986,000 | 10,119,000 | 10,134,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 114,000 | 261,000 | 393,000 | 521,000 |
| Interest expense | 32,000 | 69,000 | 103,000 | 141,000 |
| Net interest income | 82,000 | 192,000 | 290,000 | 380,000 |
| Noninterest income | 0 | 1,000 | 2,000 | 2,000 |
| Noninterest expense | 3,000 | 34,000 | 69,000 | 127,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 79,000 | 159,000 | 223,000 | 255,000 |
| Income tax | 28,000 | 31,000 | 34,000 | 37,000 |
| Net income | 51,000 | 128,000 | 189,000 | 218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,702,000 | 9,780,000 | 9,839,000 | 9,868,000 |
| Total capital | 9,702,000 | 9,780,000 | 9,839,000 | 9,868,000 |
| Risk-weighted assets | 3,938,000 | 3,955,000 | 4,208,000 | 4,384,000 |