Berkshire Bank


Overview / Commentary
800-773-5601
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 147th largest bank in the nation. It was established in 1846 and as of September of 2024, it had grown to 1,232 employees at 86 locations. Berkshire Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #23621
Year Established1846
Employees1232
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD5.83%
Annual Interest Income$463.3MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$11.6B$12.13B
LoansQ3 2024vs Q3 2023$9.15B$8.88B
DepositsQ3 2024vs Q3 2023$9.65B$10.09B
Equity CapitalQ3 2024vs Q3 2023$1.12B$964.4MM
Loan Loss AllowanceQ3 2024vs Q3 2023$112MM$102.8MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$22.4MM$25.4MM
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

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Locations

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