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Overview / Commentary
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 161st largest bank in the nation. It was established in 1846 and as of March of 2014, it had grown to 977 employees at 97 locations. Berkshire Bank has a A+ health rating.

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Data for Q1 2014

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 capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Berkshire Bank had $40.18 million in non-current loans and owned real-estate with $711.34 million in equity and loan loss allowances on hand to cover it. This gives Berkshire Bank a Texas Ratio of 5.65% 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 6.70% as of March 31, 2013 to 5.65% as of March 31, 2014, resulting in a positive change of 15.71%.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 $134.7 million, resulting in 3.25% 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 $5.98 billion in assets with $711.34 million in equity, resulting in a capitalization level of 11.89%, which is excellent.

Institution Statistics

FDIC Certificate #23621
Year Established1846
Primary RegulatorFDIC
Assets and Liabilities
Assets$5.98 billion
Loans$4.22 billion
Deposits$4.27 billion
Equity Capital$677.74 million
Loan Loss Allowance$33.60 million
Unbacked Noncurrent Loans$33.81 million
Real Estate Owned$6.37 million
Historic Data - March 2013
Assets$5.22 billion
Equity Capital$667.84 million
Loan Loss Allowance$33.26 million
Unbacked Noncurrent Loans$33.81 million
Real Estate Owned$2.51 million
Profit Margin - Quarterly
Net Interest Margin3.39%
Return on Assets-0.05%
Return on Equity-0.41%
Interest Income$49.79 million

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