Vitals
  • Total Assets
    9.1B 16.7 %
  • Total Deposits
    6.7B 18.5 %
  • Total Net Loans
    6.6B 16.3 %
  • Net Income
    60.4M 15.8 %
  • Book Value
    1.1B 21.6 %
  • Book Value x2
    2.1B 21.6 %
  • Book Value x3
    3.2B 21.6 %
ROAA

.744

ROAE

6.475

Efficiency Ratio

65.092

Net Interest Margin

3.197

Balance Sheet Highlights
Financial Highlights Berkshire Bank All Insured Commercial Banks in Massachusetts
Balance Sheet $(000)
Total Assets 9,119,415 1,195,734
Total Net Loans 6,626,462 884,564
Total Deposits 6,668,680 973,316
Total Equity 1,068,920 117,275
Profitability
Net Income 60,351 8,869
Return on Average Assets .744 .594
Return on Average Equity 6.475 5.855
Net Interest Margin 3.197 3.257
Efficiency Ratio 65.092 73.516
Noninterest Income/Revenue 16.321 17.101
Balance Sheet Ratios
Loan-to-Deposit 99.367 91.006
Securities/Assets .167 .127
Total Equity/Total Assets .117 .098
Tangible Equity/Tangible Assets .072 .09
Capital Adequacy
Tier 1 Common Capital 672,244 108,595
Tier 1 Capital 672,244 108,997
Tier 2 Capital 84,548 9,379
Total Capital 756,792 118,886
Total Risk Weighted Assets 6,748,661 863,428
Leverage Ratio 7.84 10.038
Common Equity Tier 1 Capital Ratio 9.96 14.848
Tier 1 Capital Ratio 9.96 14.854
Total Capital Ratio 11.21 15.826

Timeline for Berkshire Bank

First Choice Bank

Acquisition: Berkshire Bank acquired a new subsidiary, First Choice Bank, 7 years

View Profile Dec 03 2016

Firestone Financial Llc

Firestone Financial Llc became a new subsidiary organization for Berkshire Bank.

View Profile Aug 07 2015

Hampden Bank

Acquisition: Berkshire Bank acquired a new subsidiary, Hampden Bank, 9 years

View Profile Apr 18 2015

Hampden Investment Corporation Ii

Hampden Investment Corporation Ii became a new subsidiary organization for Berkshire Bank.

View Profile Apr 18 2015

Berkshire Bank Municipal Bank

Acquisition: Berkshire Bank acquired a new subsidiary, Berkshire Bank Municipal Bank, 9 years

View Profile Jul 01 2014

Want to see more?

Complete timeline for Berkshire Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Choice Bank Seller 1,105,484 Acquisition Discontinued 12/3/2016
Hampden Bank Seller 709,866 Acquisition Discontinued 4/18/2015
Berkshire Bank Municipal Bank Seller 13,980 Pooling of Interests Discontinued 7/1/2014
Beacon Federal Seller 911,054 Acquisition Discontinued 10/19/2012
The Connecticut Bank And Trust Company Seller 278,192 Acquisition Discontinued 4/20/2012
Legacy Banks Seller 879,055 Acquisition Discontinued 7/21/2011
The Rome Savings Bank Seller 319,842 Pooling of Interests Discontinued 4/1/2011
The Factory Point National Bank Of Manchester Center Seller 336,080 Acquisition Discontinued 9/22/2007
Woronoco Savings Bank Seller 912,486 Acquisition Discontinued 6/1/2005
Great Barrington Savings Bank Seller 284,252 Pooling of Interests Discontinued 5/1/1997
Relationships Role Relationship Start Relationship End
Berkshire Hills Bancorp, Inc Parent 7/21/2011
Berkshire Hills Bancorp, Inc Parent 6/14/2000 7/20/2011
Berkshire Hills Bancorp, Inc Parent 4/1/1996 6/13/2000
Firestone Financial Llc Subsidary 8/7/2015
North Street Securities Corporation Subsidary 12/1/2012
Csb Service Corporation Subsidary 12/1/2012
Rsb Properties, Inc. Subsidary 12/1/2012
Legacy Insurance Services Of The Berkshires Subsidary 12/1/2012
Beacon Comprehensive Services Corporation Subsidary 10/19/2012
Hampden Investment Corporation Ii Subsidary 4/18/2015
Woodland Securities, Inc. Subsidary 12/1/2012
Renaissance Investment Group, Llc Subsidary 7/21/2011
Gold Leaf Securities Corporation Subsidary 12/1/2012 12/31/2014
Berkshire Bank Municipal Bank Subsidary 7/21/2011 6/30/2014
Berkshire Bank Municipal Bank Subsidary 12/27/2005 7/20/2011
Woodland Realty, Inc. Subsidary 4/1/1996 8/31/2001
Gbsb Inc. Subsidary 5/1/1997 6/28/2000
North Street Securities Corporation Subsidary 5/1/1997 6/28/2000
Greenland Development Corp. Subsidary 4/1/1996 10/31/1999
Bcsb, Inc. Subsidary 4/1/1996 11/9/1997
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