Vitals
  • Total Assets
    137.1M -6.8 %
  • Total Deposits
    125.8M -4.6 %
  • Total Net Loans
    103.5M -3.7 %
  • Net Income
    -627000.0000 -1,305.8 %
  • Book Value
    9.8M -17.1 %
  • Book Value x2
    19.6M -17.1 %
  • Book Value x3
    29.4M -17.1 %
ROAA

-.921

ROAE

-12.397

Efficiency Ratio

125.044

Net Interest Margin

3.538

Balance Sheet Highlights
Financial Highlights Berkshire Bank All Insured Commercial Banks in Pennsylvania
Balance Sheet $(000)
Total Assets 137,093 535,060
Total Net Loans 103,481 349,497
Total Deposits 125,850 444,678
Total Equity 9,808 53,302
Profitability
Net Income -627 2,087
Return on Average Assets -.921 .747
Return on Average Equity -12.397 7.349
Net Interest Margin 3.538 3.768
Efficiency Ratio 125.044 69.41
Noninterest Income/Revenue 3.624 15.446
Balance Sheet Ratios
Loan-to-Deposit 82.226 76.618
Securities/Assets .001 .219
Total Equity/Total Assets .072 .1
Tangible Equity/Tangible Assets .071 .09
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 9,803 48,056
Tier 2 Capital 1,317 4,762
Total Capital 11,120 53,287
Total Risk Weighted Assets 105,253 370,651
Leverage Ratio 7.19 9.541
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 9.31 14.494
Total Capital Ratio 10.57 15.713

Timeline for Berkshire Bank

Customers Bank

Berkshire Bank was acquired by Customers Bank 12 years

View Profile Sep 17 2011

Zenith Mortgage Company, Llc

Zenith Mortgage Company, Llc became a new subsidiary organization for Berkshire Bank.

View Profile May 07 2007

Berkshire Bancorp, Inc.

Berkshire Bancorp, Inc. became a new parent organization for Berkshire Bank.

View Profile Sep 01 2006

Berkshire Bank

Berkshire Bank was established 20 years ago and is currently headquartered in Wyomissing, PA.

Sep 23 2003

East Penn Financial Corporation

East Penn Financial Corporation became a new parent organization for Berkshire Bank.

View Profile Sep 23 2003
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Customers Bank Buyer 9,574,277 Acquisition Discontinued 9/17/2011
Relationships Role Relationship Start Relationship End
Berkshire Bancorp, Inc. Parent 9/1/2006 9/16/2011
East Penn Financial Corporation Parent 9/23/2003 8/31/2006
Zenith Mortgage Company, Llc Subsidary 5/7/2007 9/16/2011
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