Berkshire Municipal Bank

Albany, NY · Cert 58097

FDIC · 1 branch

Q2 2014

n/aAssets

n/aLoans

n/aDeposits

n/aEquity

Deposit mix

Market Position · Albany-Schenectady-Troy, NY · 2014 SOD (annual) · 0.0% share · #26 of 26 inst. · $0.0B of $23.9B

Executive Summary

Return on Assets (YTD, annualized)

0.00%+6 bps YoY

Net Interest Margin (YTD, annualized)

1.88%+127 bps YoY

Efficiency Ratio (YTD, annualized)

220%+10,517 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2012	Q4 2012	Q1 2013	Q2 2013	Q3 2013	Q4 2013	Q1 2014	Q2 2014	YoY Δ	Trend
Earnings
Return on Assets	1.03%	0.91%	0.48%	-0.06%	-0.18%	-0.09%	-1.95%	0.00%	+6 bps
Return on Equity	4.01%	3.69%	2.42%	-0.29%	-0.83%	-0.41%	-4.88%	n/a	n/a
Net Interest Margin	1.24%	0.97%	0.66%	0.62%	0.67%	0.81%	1.07%	1.88%	+127 bps
Efficiency Ratio	21.19%	21.71%	29.27%	114.83%	121.94%	119.14%	111.54%	220%	+10,517 bps
Non-Interest Burden	0.26%	0.21%	0.19%	0.71%	0.81%	0.96%	1.19%	4.14%	+343 bps
Growth
Asset Growth (YoY)	33.45%	57.31%	31.85%	11.85%	-5.05%	-17.85%	-81.65%	-100.00%	-11,185 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	85.74%	83.24%	29.18%	15.83%	-6.14%	-21.80%	-99.92%	-100.00%	-11,583 bps
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	119.24%	104.12%	93.87%	107.92%	125.94%	125.42%	498%	0.00%	-10,792 bps
Equity / Assets	24.19%	21.04%	18.93%	21.62%	25.22%	25.05%	99.68%	n/a	n/a
Liquidity & Funding
Loans / Deposits	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	n/a	n/a
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	n/a	n/a
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a