Call reports 2011
BERKSHIRE BANK MUNICIPAL BANK — 2011
What BERKSHIRE BANK MUNICIPAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 29,165,000 | 35,539,000 | 44,152,000 | 43,479,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 13,316,000 | 22,295,000 | 26,732,000 | 34,297,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,565,000 | 21,794,000 | 23,966,000 | 29,388,000 |
| Interest-bearing deposits | 15,297,000 | 21,475,000 | 22,997,000 | 29,279,000 |
| Noninterest-bearing deposits | 268,000 | 319,000 | 969,000 | 109,000 |
| Equity capital | 13,504,000 | 13,630,000 | 13,872,000 | 13,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 118,000 | 277,000 | 451,000 | 645,000 |
| Interest expense | 31,000 | 65,000 | 106,000 | 148,000 |
| Net interest income | 87,000 | 212,000 | 345,000 | 497,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 36,000 | 71,000 | 105,000 | 141,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 51,000 | 141,000 | 240,000 | 356,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 51,000 | 141,000 | 240,000 | 356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,337,000 | 13,427,000 | 13,525,000 | 13,641,000 |
| Total capital | 13,337,000 | 13,427,000 | 13,525,000 | 13,641,000 |
| Risk-weighted assets | 5,838,000 | 6,691,000 | 8,462,000 | 8,450,000 |