PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Berkshire Bank

Wyomissing, PA · Cert 57492

FDIC

Q2 2011

$137.1MAssets
$104.9MLoans
$125.8MDeposits
$9.8MEquity
Loan mix
92%RE $80.0M7%C&I $6.5M1%Consumer $0.4MQ2 2010Q2 2011
Deposit mix
94%Interest-bearing $118.9M6%Noninterest $7.0MQ2 2010Q2 2011

NIM

5.16%Q2 ’094.68%Q2 ’104.53%Q2 ’11+16%-1%

Non-interest income vs. expense

3.80%Q2 ’093.59%Q2 ’104.22%Q2 ’11+1%+30%

Executive Summary

  • Earnings: ROA of -0.92%, down 99 bps year over year; NIM at 3.20%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.49%.
  • Funding: loans stand at 83.33% of deposits as of Q2 2011.

Financial Results

Return on Assets (YTD, annualized)

-0.92%-99 bps YoY

Net Interest Margin (YTD, annualized)

3.20%-2 bps YoY

Efficiency Ratio (YTD, annualized)

125.04%+2,816 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2010Q3 2010Q4 2010Q1 2011Q2 2011YoY ΔTrend
Earnings
Return on Assets0.07%-0.28%-0.86%-0.99%-0.92%-99 bps
Return on Equity0.89%-3.51%-10.75%-13.05%-12.40%-1,328 bps
Net Interest Margin3.23%3.35%3.48%3.30%3.20%-2 bps
Efficiency Ratio96.89%101.48%103.62%125.69%125.04%+2,816 bps
Non-Interest Burden3.11%3.40%3.93%4.21%4.05%+94 bps
Growth
Asset Growth (YoY)8.49%-1.66%-6.54%-8.00%-6.79%-1,528 bps
Loan Growth (YoY)-1.87%-5.41%-2.92%-4.28%-3.56%-169 bps
Deposit Growth (YoY)21.94%8.01%-3.84%-4.09%-4.58%-2,652 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.70%0.62%0.68%0.92%0.49%-21 bps
Allowance / Loans1.21%1.29%1.48%1.28%1.32%+12 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.57%11.22%10.91%10.62%10.56%-101 bps
Equity / Assets8.04%8.14%7.72%7.41%7.15%-89 bps
Liquidity & Funding
Loans / Deposits82.45%88.36%87.58%86.04%83.33%+88 bps
Liquid Assets / Assets4.26%3.50%3.23%3.38%2.19%-208 bps
CRE / Total Capitaln/an/an/an/an/an/an/a