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24 North Street
Pittsfield, MA 01201

Berkshire Bank is headquartered in Pittsfield and is the 5th largest bank in the state of Massachusetts. It is also the 165th largest bank in the nation. It was established in 1846 and as of December of 2013, it had grown to 863 employees at 77 locations. Berkshire Bank has a B+ health rating.

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Data for Q4 2013

Berkshire Bank consists of multiple companies with separate FDIC numbers. Click on an FDIC number to view the health for that company:

23621 - Berkshire Bank
58097 - Berkshire Bank Municipal Bank

Institution Health

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Berkshire Bank had $42.31 million in non-current loans and owned real-estate with $707.62 million in equity and loan loss allowances on hand to cover it. This gives Berkshire Bank a Texas Ratio of 5.98% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Berkshire Bank experienced no significant changes from 6.53% as of December 31, 2012 to 5.98% as of December 31, 2013, resulting in a positive change of 8.38%.This indicates that the balance sheet and financial strength for Berkshire Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Berkshire Bank has decreased its total deposits by -$226.85 million, resulting in -5.48% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Berkshire Bank has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Berkshire Bank has $5.65 billion in assets with $707.62 million in equity, resulting in a capitalization level of 12.53%, which is excellent.

Institution Statistics

FDIC Certificate #23621
Year Established1846
Primary RegulatorFDIC
Assets and Liabilities
Assets$5.65 billion
Loans$4.16 billion
Deposits$3.92 billion
Equity Capital$674.30 million
Loan Loss Allowance$33.32 million
Unbacked Noncurrent Loans$35.63 million
Real Estate Owned$6.67 million
Historic Data - December 2012
Assets$5.27 billion
Equity Capital$662.09 million
Loan Loss Allowance$33.21 million
Unbacked Noncurrent Loans$35.63 million
Real Estate Owned$1.93 million
Profit Margin - Quarterly
Net Interest Margin3.66%
Return on Assets0.82%
Return on Equity6.54%
Interest Income$203.73 million

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Berkshire Bank has 78 locations. Click to view all Berkshire Bank locations.