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Berkshire Bank, The

New York, NY · Cert 27503 · Berkshire Bcorp Inc.

State charter, non-member · FDIC · 7 branches

Q2 2026

$530.0MAssets
$144.5MLoans
$397.5MDeposits
$127.5MEquity
Loan mix
100%RE $153.0M0%C&I $0.6M0%Consumer $0.1MQ2 2025Q2 2026
Deposit mix
76%Interest-bearing $302.3M24%Noninterest $95.2MQ2 2025Q2 2026

NIM

4.73%Q2 ’244.58%Q2 ’254.38%Q2 ’26+3%+7%

Non-interest income vs. expense

2.46%Q2 ’242.56%Q2 ’252.67%Q2 ’26-33%+63%

Market Position · New York-Newark-Jersey City, NY-NJ · 2026 SOD (annual) · 0.0% share · #111 of 151 inst. · $0.3B of $2921.1B

0.0% New York
1.0% Orange
0.1% Kings

Executive Summary

  • Earnings: ROA of 0.69%, down 50 bps year over year; NIM at 3.66%.
  • Asset quality: problem loans at 12.68% of loans (+671 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 24.16%, up 217 bps from a year ago.
  • Funding: loans stand at 36.35% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.69%-50 bps YoY

Net Interest Margin (quarter, annualized)

3.66%+23 bps YoY

Efficiency Ratio (quarter, annualized)

72.51%+1,373 bps YoY

Tier 1 Leverage Ratio

24.16%+217 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.19%0.40%0.62%0.38%0.69%-50 bps
Return on Equity5.35%1.79%2.72%1.60%2.91%-244 bps
Net Interest Margin3.43%3.61%3.52%3.34%3.66%+23 bps
Efficiency Ratio58.78%72.64%69.47%82.10%72.51%+1,373 bps
Non-Interest Burden1.63%2.61%2.29%2.74%2.65%+102 bps
Growth
Asset Growth (YoY)-1.92%-2.95%-8.76%-7.34%-7.62%-571 bps
Loan Growth (YoY)-24.63%-28.46%-23.11%-18.61%-19.82%+482 bps
Deposit Growth (YoY)-2.73%-3.37%-10.73%-8.42%-9.69%-696 bps
Asset Quality
Nonperforming Loans / Loans5.97%6.34%10.89%11.16%12.68%+671 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans5.09%5.74%6.11%6.30%6.70%+160 bps
Allowance Coverage of NPLs0.9x0.9x0.6x0.6x0.5x-0.3x
Capital
Tier 1 Leverage Ratio21.99%22.37%23.19%24.15%24.16%+217 bps
Total Risk-Based Capital77.00%82.16%86.03%89.30%95.00%+1,801 bps
Equity / Assets22.08%22.33%23.54%23.37%24.06%+198 bps
Liquidity & Funding
Loans / Deposits40.94%38.43%39.16%37.46%36.35%-459 bps
Liquid Assets / Assets49.31%52.07%57.86%58.44%60.18%+1,087 bps
CRE / Total Capitaln/a107.65%102.91%99.39%n/an/a