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24 North Street
Pittsfield, MA 01201

Berkshire Bank is headquartered in Pittsfield and is the 4th largest bank in the state of Massachusetts. It is also the 154th largest bank in the nation. It was established in 1846 and as of June of 2014, it had grown to 1,004 employees at 93 locations. Berkshire Bank has a A+ health rating.

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Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Berkshire Bank had $38.65 million in non-current loans and owned real-estate with $729.74 million in equity and loan loss allowances on hand to cover it. This gives Berkshire Bank a Texas Ratio of 5.30% 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 decreased slightly from 6.25% as of June 30, 2013 to 5.30% as of June 30, 2014, resulting in a positive change of 15.29%.This indicates that the balance sheet and financial strength for Berkshire Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Berkshire Bank has increased its total deposits by $679.82 million, resulting in 17.67% 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 excellent.



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 $6.28 billion in assets with $729.74 million in equity, resulting in a capitalization level of 11.61%, which is excellent.

Institution Statistics

FDIC Certificate #23621
Year Established1846
Primary RegulatorFDIC
Assets and Liabilities
Assets$6.28 billion
Loans$4.44 billion
Deposits$4.53 billion
Equity Capital$695.39 million
Loan Loss Allowance$34.35 million
Unbacked Noncurrent Loans$34.13 million
Real Estate Owned$4.51 million
Historic Data - June 2013
Assets$5.20 billion
Equity Capital$669.14 million
Loan Loss Allowance$33.25 million
Unbacked Noncurrent Loans$34.13 million
Real Estate Owned$2.71 million
Profit Margin - Quarterly
Return on Assets0.38%
Return on Equity3.29%
Interest Income$100.97 million

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