Berkshire Bank

Berkshire Bank is headquartered in Pittsfield and is the 6^th largest bank in the state of Massachusetts. It is also the 204^th largest bank in the nation. It was established in 1846 and as of December of 2011, it had grown to 690 employees at 67 locations. Berkshire Bank has a 5-star health rating.

Berkshire Bank Routing Number: 211871691

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Berkshire Bank CD Rates

Data for Q4 2011

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 Statistics Berkshire Bank FDIC Certificate # 23621 BankRate Report View Year Established 1846 Employees 690 Primary Regulator FDIC Assets and Liabilities Assets $3.96 billion Loans $2.93 billion Deposits $3.18 billion Equity Capital $517.69 million Loan Loss Allowance $32.44 million Unbacked Noncurrent Loans $33.77 million Real Estate Owned $1.90 million Historic Data - December 2010 Assets $2.85 billion Equity Capital $353.97 million Loan Loss Allowance $31.90 million Unbacked Noncurrent Loans $14.08 million Real Estate Owned $3.39 million Profit Margin - Quarterly Net Interest Margin 3.66% Return on Assets 0.57% Return on Equity 4.44% Interest Income $139.16 million

Institution Health Overall Score: 5 out of 5 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, 2011 Berkshire Bank had $35.67 million in non-current loans and owned real-estate with $550.14 million in equity and loan loss allowances on hand to cover it. This gives Berkshire Bank a Texas Ratio of 6.48% 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 held steady from 4.54% as of December 31, 2010 to 6.48% as of December 31, 2011, resulting in a negative change of 42.95%. This indicates that the balance sheet and financial strength for Berkshire Bank has held steady in recent periods. Deposit Growth In the past year, Berkshire Bank has increased its total deposits by $954.92 million, resulting in 42.99% 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. Capitalization 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 $3.96 billion in assets with $550.14 million in equity, resulting in a capitalization level of 13.91%, which is excellent.

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