Call reports 2013
BERKSHIRE BANK MUNICIPAL BANK — 2013
What BERKSHIRE BANK MUNICIPAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 76,193,000 | 65,584,000 | 55,942,000 | 56,186,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 34,859,000 | 31,601,000 | 29,212,000 | 27,516,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,177,000 | 51,382,000 | 41,781,000 | 42,109,000 |
| Interest-bearing deposits | 55,982,000 | 51,131,000 | 41,579,000 | 41,378,000 |
| Noninterest-bearing deposits | 195,000 | 251,000 | 202,000 | 732,000 |
| Equity capital | 14,420,000 | 14,177,000 | 14,111,000 | 14,077,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 152,000 | 292,000 | 429,000 | 577,000 |
| Interest expense | 29,000 | 56,000 | 79,000 | 92,000 |
| Net interest income | 123,000 | 236,000 | 350,000 | 485,000 |
| Noninterest income | 0 | 0 | 1,000 | 1,000 |
| Noninterest expense | 36,000 | 271,000 | 428,000 | 579,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 87,000 | -35,000 | -77,000 | -93,000 |
| Income tax | 0 | -14,000 | 12,000 | -35,000 |
| Net income | 87,000 | -21,000 | -89,000 | -58,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,252,000 | 14,144,000 | 14,076,000 | 14,106,000 |
| Total capital | 14,252,000 | 14,144,000 | 14,076,000 | 14,106,000 |
| Risk-weighted assets | 15,182,000 | 13,106,000 | 11,177,000 | 11,247,000 |