# BERKSHIRE BANK
PITTSFIELD, MA · FDIC certificate 23621 · asset band $10-100B · latest filing 2025-06 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $12.03B | |
| Deposits | $10.14B | |
| Loans and leases | $9.50B | |
| Total equity | $1.18B | |
| Loans / deposits | 92.55% (p77 of band) | 84.77% |
| Liquid assets / assets | 16.17% (p16 of band) | |
| Uninsured deposits / deposits | 41.31% (p62 of band) | 38.60% |
| Brokered deposits | 3.47% | |
| Wholesale funding | 7.33% (p44 of band) | |
| FHLB advances / assets | 3.86% | |
| Tier 1 leverage | 10.59% (p65 of band) | 10.11% |
| Unrealized securities loss / equity | -16.38% (p26 of band) | -10.09% |
| AOCI / equity | 1.28% (p49 of band) | |
| ROA (annualized) | 0.99% (p47 of band) | 1.04% |
| Net interest margin | 3.29% (p50 of band) | 3.30% |
| Efficiency ratio | 59.22% (p60 of band) | |
| Noncurrent loans | 0.32% (p23 of band) | 0.62% |
| Net charge-offs (annualized) | 0.11% (p52 of band) | |
| Reserve coverage of noncurrent | 390.13% | |
| Real estate % of loans | 81% | |
| Construction % of loans | 52.64% (p72 of band) | |
| Auto loans | $25.9M (0.27% of loans; DQ 0.51%, NCO 0.00%) | |
| Loans to nondepository financials | $561,000 (0% of equity) (p20 of band) | |
| Deposits YoY | -0.3% | |
| Employees | 1158 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 0 |  |  |
| 2011-12 | 1 | reserve under noncurrent |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | capital falling |  |
| 2012-12 | 2 |  |  |
| 2013-03 | 1 |  | capital falling |
| 2013-06 | 2 | loans exceed deposits |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 5 | wholesale funding >15%, capital falling, deposits shrinking |  |
| 2014-03 | 5 | losing money, expense ratio p90 | loans exceed deposits, deposits shrinking |
| 2014-06 | 3 |  | losing money, expense ratio p90 |
| 2014-09 | 2 |  | reserve under noncurrent |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 |  | capital falling |
| 2015-06 | 1 |  |  |
| 2015-09 | 3 | loans exceed deposits, brokered >10% |  |
| 2015-12 | 3 |  |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 1 |  | loans exceed deposits, brokered >10% |
| 2017-03 | 4 | loans exceed deposits, brokered >10%, expense ratio p90 |  |
| 2017-06 | 3 |  | expense ratio p90 |
| 2017-09 | 3 |  |  |
| 2017-12 | 2 |  | loans exceed deposits |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | reserve under noncurrent |  |
| 2018-09 | 3 | loans exceed deposits | reserve under noncurrent |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 | capital falling | loans exceed deposits |
| 2019-06 | 3 | reserve under noncurrent | capital falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 2 |  | brokered >10% |
| 2020-03 | 3 | losing money, charge-offs p90 | reserve under noncurrent |
| 2020-06 | 3 | capital falling, expense ratio p90 | wholesale funding >15%, charge-offs p90 |
| 2020-09 | 3 | assets shrinking | capital falling |
| 2020-12 | 3 | charge-offs p90 | assets shrinking |
| 2021-03 | 2 |  | losing money |
| 2021-06 | 3 | assets shrinking |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | deposits shrinking |  |
| 2022-03 | 1 |  | expense ratio p90, charge-offs p90, deposits shrinking |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | securities losses >30% of equity, expense ratio p90 | assets shrinking |
| 2022-12 | 2 | charge-offs p90 | expense ratio p90 |
| 2023-03 | 1 | deposits shrinking | securities losses >30% of equity, charge-offs p90 |
| 2023-06 | 3 | capital falling, securities losses >30% of equity, charge-offs p90 | deposits shrinking |
| 2023-09 | 1 |  | capital falling, charge-offs p90 |
| 2023-12 | 0 |  | securities losses >30% of equity |
| 2024-03 | 2 | capital falling, losing money |  |
| 2024-06 | 0 |  | capital falling, losing money |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-25 [Beacon Bank builds on Berkshire Bank’s legacy - The Berkshire Eagle](https://news.google.com/rss/articles/CBMi_wFBVV95cUxQdmUzYkpoSWZDbFE5b283Y3d3SkdMeWt0T3FvNFNFTWNvZlNZbHh3TjhQVnU4TGg1c0d6UWN2cmsyU0R2NHNWeDdObEEtVUZ0Q2hhV3BDYnpsNkNHUVV5a1FudFFvZmJLSU83VGdwcmJqamtJbzl0VFVkM2poZUNnNUM0cFZxT1poVVMwbDZLRlpFSFVjaktOdmhTanFkZC1SbHZ3OVVpaFc5RnN0OHlWOFZhX050Y3ZNd1p0SG92ZmFfc2xIVElpOEVUajNBTm5UbWRMaWxWczZZemljcFdpLS11V0NyczZXUHJIRk5mNy1IXzN5VHZuaDNGbUI2V2s?oc=5) · The Berkshire Eagle
- 2026-03-02 [BUSINESS PERSPECTIVES: Berkshire Bank merges into Beacon Bank - The Berkshire Edge](https://news.google.com/rss/articles/CBMilAFBVV95cUxPWGM0UzVhbDFncE83d0w1TFhaZEVOZXdwY1NPQXhNblVxVnZPeEJ4UXFhbExORGxxZlpobWpSZkJxWXJLSjZfWlZTdmtnamRaNGhOX1RnREhKVkthV1o1M3U5d3NIUHNEZDJOd0o1ZlFWUWJid3N5dUFjNlZ0NGV1UWRnaXpuUVpYTlN2NWVycDRxYm9h?oc=5) · The Berkshire Edge
- 2026-02-23 [Berkshire Bank locations in Worcester are now Beacon Bank after merger - Worcester Telegram](https://news.google.com/rss/articles/CBMimgFBVV95cUxNQ0Yydm1Ha2pQU09jRXFudm82QXkxdkNHZ3g2c0xRSnVRR2pwUXdfS3c0cjg2RDFIajA5T3hPb2ZhUkN5Y0F0VEo2amdjcU4wUlZTdWxBUlRBazE0WE8yOEFueEpOZHhJbU4ycGhkZG9WaXdseUhmYVZ2NzVCXzdvZDd5X3NCRlIzM2puTVFlckxKcWJrRF9kS3lB?oc=5) · Worcester Telegram
- 2026-02-10 [Berkshire Bank rebrands as Beacon Bank following merger - wbjournal.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxQU01hYzVFVHFmT240LXV6X1dla185YVIza24wbkE2dDdhY0xKYjJ5TnBUSm56WUl0dGN0bklxYUROcVktYUU3Sl8xNnZ4Qld3ajg1T2xfMk1qVE9IMnplZUlDelFIaTFjQjVjMFNwbm82ZktsOS1DZnY2V21Xd3ZCdnVYckVBLUZxVnRDdm0zNA?oc=5) · wbjournal.com
- 2026-01-14 [Stamford-based First County Bank hires head of Berkshire Bank as its next CEO - New Haven Register](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQdEFIT0VHZnBwemFWbGsxdm1HTWx4TllXOGdfbk05cHI1Zm5hMVZ2aE1KT0k1VHg5d1NzRE5NeU5iWldKTll3c0pjaF9QS3JwMW4xUXZlOW1FM19jVjFBQktWZUtIRFAxNjcwd0RuMFdGWW5YcVFVTDVZM3hpb1JNaFI5MFBxRUdQSWlMZ3prbWdsUHFrU3FraXI5R1lwZ3ExWXZQSTBtb0U?oc=5) · New Haven Register
- 2026-01-21 [Berkshire Bank is now Beacon Bank: What customers need to know about the transition - The Berkshire Eagle](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNTFAxOWtRVkgxNVdaNFc3OG9lTElCWnJqU01Fb19XRXRNSUVpdkhmdnZPNkNIejNrQWNBdkIxdktsaHVhRlVrN1ZWTlFWQTl0Q0tJdzhoT3JnY1Y3c0k2elJVSVdJbmVjR1ZLRklWVU1jQzhQUWs4OV83OG5tdHJXQ3F4UHNLQjJDeG54Uy14NGlhTWNNUGtOSEoyS3NudjZBZGlWUHNGNHI3RWp6THRIY0N0aEJpbnpKLW9kc1AxUGEtVnp4ZnZqcDktbVZUakI1SHNPWA?oc=5) · The Berkshire Eagle
- 2025-09-19 [Berkshire Bank sued for allegedly aiding $100M Ponzi scheme - Providence Business News](https://news.google.com/rss/articles/CBMigAFBVV95cUxNdFUxYjY2OW1sQ21NUmwxdzlPNkZsUXFkOU1LOXlsUm91V2tabDVCV0xhcUFSVnotRVZ1c3AyaU5oOURkZ3dCRVlNUE82QWFIQWkxb2gyUE1vNU1QcGxnendtcUZ4bUVXeVVjWFZqZDlYU01DWk5jdW9sQnk5TjBkZ9IBiAFBVV95cUxQT0YtOU5OYXZWN1hwdXg1RFlKeTNBZUt5d0k5aXRONjkyTy1fbEpBd1VmSjJZN0ZFT19jdXZ3QUZybjBuM1RKX3FxUFgzbkRJdGxMX2JkTHlCQkhwd3VXSGphT1EtN2R3ajNsc0NKUzBtWFd6Y1FRYmI5ZlZXc3prdnduLUlFMjN6?oc=5) · Providence Business News
- 2025-08-06 [Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals - PR Newswire](https://news.google.com/rss/articles/CBMisAJBVV95cUxOMV9JRjJCdE9mb1BpUHk0N2M3UXZlNXJmUVQzWGRXSVdieFprV1ZURm1wOE1MMU9fTG9jU1ZnS0dzeFE0MzZRajFGLU14cDNhd050SW9oN2VqWENfdU5hSXJhcDBzdFVNbEdEX0ZySFVBR1NUNXhiSVdIaVNOeFNoaGRMM1RfVGhOaFlndV9VTnZMcmJvM3lNSGpoVWZEeGs0QkpHb096SWE5bU5sRUtPSEdISWJsMzhOcUtqMFpuSlE4Xzl6ZVRnV1EtNkx4Z05DeWFrLThHLWhzQ3lLRE5LZ0ZrWUxfN3AzWFRxNTladDVqNFgyTTJnMUliUURYN01OZzBVUVlxX29JRGlQbGdsQVJ2U2VTYnpIODFVREZMenlEcjN4Zm5VQWJpZXNTZnZS?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23621 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/5.json (key "23621", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide