Vitals
  • Total Assets
    685.4M -5.6 %
  • Total Deposits
    570.8M -2.4 %
  • Total Net Loans
    331.0M 4.2 %
  • Net Income
    4.6M 32.7 %
  • Book Value
    110.2M 3.4 %
  • Book Value x2
    220.5M 3.4 %
  • Book Value x3
    330.7M 3.4 %
ROAA

.65

ROAE

4.274

Efficiency Ratio

72.421

Net Interest Margin

2.906

Balance Sheet Highlights
Financial Highlights The Berkshire Bank All Insured Commercial Banks in New York
Balance Sheet $(000)
Total Assets 685,434 1,637,033
Total Net Loans 331,006 1,047,955
Total Deposits 570,777 1,296,950
Total Equity 110,244 187,165
Profitability
Net Income 4,645 13,254
Return on Average Assets .65 .773
Return on Average Equity 4.274 7.506
Net Interest Margin 2.906 3.19
Efficiency Ratio 72.421 65.064
Noninterest Income/Revenue 1.684 18.239
Balance Sheet Ratios
Loan-to-Deposit 57.992 73.986
Securities/Assets .328 .167
Total Equity/Total Assets .161 .114
Tangible Equity/Tangible Assets .161 .109
Capital Adequacy
Tier 1 Common Capital 104,468 154,500
Tier 1 Capital 104,468 155,066
Tier 2 Capital 5,036 9,750
Total Capital 109,504 168,084
Total Risk Weighted Assets 397,824 1,138,832
Leverage Ratio 14.92 10.188
Common Equity Tier 1 Capital Ratio 26.26 16.458
Tier 1 Capital Ratio 26.26 16.551
Total Capital Ratio 27.53 17.647

Timeline for The Berkshire Bank

Berkshire Bancorp Inc.

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

View Profile Dec 31 2014

Berkshire 1031 Exchange, Llc

Berkshire 1031 Exchange, Llc became a new subsidiary organization for The Berkshire Bank.

View Profile Dec 01 2005

Berkshire Interim Agency, Inc.

Berkshire Interim Agency, Inc. became a new subsidiary organization for The Berkshire Bank.

View Profile Apr 19 2002

Goshen Savings Bank

Acquisition: The Berkshire Bank acquired a new subsidiary, Goshen Savings Bank, 23 years

View Profile Mar 31 2001

Greater American Finance Group, Inc.

Greater American Finance Group, Inc. became a new parent organization for The Berkshire Bank.

View Profile Jan 04 1999

Want to see more?

Complete timeline for The Berkshire Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Goshen Savings Bank Seller 189,374 Acquisition Discontinued 3/31/2001
Relationships Role Relationship Start Relationship End
Berkshire Bancorp Inc. Parent 12/31/2014
Greater American Finance Group, Inc. Parent 6/23/2000 12/30/2014
Greater American Finance Group, Inc. Parent 1/4/1999 6/22/2000
Berkshire Interim Agency, Inc. Subsidary 6/30/2007
Berkshire 1031 Exchange, Llc Subsidary 12/1/2005
Berkshire Interim Agency, Inc. Subsidary 4/19/2002 6/29/2007
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