Berkshire Bank
Pittsfield, Massachusetts · FDIC Cert #23621
Berkshire Bank is an FDIC-insured bank (Certificate #23621) with $12.2B in total assets and $10.2B in total deposits as of the Q2 2024 Call Report. Headquartered in Pittsfield, Massachusetts, the bank maintains a Tier 1 capital ratio of 12.10% (Well-Capitalized) and a nonperforming loan ratio of 0.35%. BankHealthData assigns a composite Health Grade of B (71/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Berkshire Bank (FDIC cert 23621) is a large bank with $12.2B in total assets and $10.2B in deposits, headquartered in Pittsfield, Massachusetts. Banks at this scale typically operate across multiple states and face enhanced regulatory scrutiny under the federal banking-supervisory framework.
Capital position is strong: Tier 1 capital ratio of 12.10% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.35% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is in the normal range: 18.4% liquid assets relative to total assets — adequate for standard operating needs and routine deposit outflows.
Profitability is minimal: ROA of 0.15% indicates the bank is barely profitable on an assets basis. Multiple quarters of minimal profitability eventually challenge capital growth and regulatory standing. Health-score trend is declining materially over the most recent quarters. Declining trends warrant attention — banks in this pattern often face follow-on regulatory engagement and elevated supervisory scrutiny. Berkshire Bank carries a composite BankHealth grade of B (71/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Berkshire Bank
- Total Assets
- $12.2B
- Total Deposits
- $10.2B
- Tier 1 Capital Ratio
- 12.10%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.35%
- Liquidity Ratio
- 18.39%
- Return on Assets
- 0.15%
- Headquarters
- Pittsfield, Massachusetts
- FDIC Certificate
- #23621
- Health Grade
- B (71/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, Berkshire Bank holds a Tier 1 capital ratio of 12.10%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Berkshire Bank has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Berkshire Bank shows strong financial health indicators. With $12.2B in assets and a Health Score of 71/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Berkshire Bank Compares
Berkshire Bank’s Health Score of 71 is 3 points above the Massachusetts state average of 68 across 97 FDIC-insured banks. Its 12.10% Tier 1 capital ratio is 1.9 points below the US banking industry average near 14%. The 0.35% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.15% is below the national ROA benchmark of ~1.1%. Among 144 similarly-sized banks, the average Health Score is 77, meaning this bank ranks below its size cohort. Site-wide, Berkshire Bank is 1 points above the portfolio average of 70.
Frequently Asked Questions
Berkshire Bank has a Bank Health Score of B (71/100), placing it in solid financial health. It holds a Tier 1 capital ratio of 12.10%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Berkshire Bank's Tier 1 capital ratio of 12.10% and nonperforming loan ratio of 0.35% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Berkshire Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #23621). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Berkshire Bank holds $12.2B in total assets and $10.2B in total deposits. It is headquartered in Pittsfield, Massachusetts (FDIC Certificate #23621).
Berkshire Bank has a Tier 1 capital ratio of 12.10%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.35%, and the return on assets is 0.15%.
Yes. Berkshire Bank is FDIC-insured (Certificate #23621). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An B grade on our Bank Health Score means 70-84/100 — solid financial position with no major stress signals. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Berkshire Bank's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.