BERKSHIRE HILLS BANCORP INC BHLB Balance Sheet

Berkshire hills bancorp inc (BHLB)

Balance Sheet / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Cash and Due from Banks
105	121	100	98	100	93	90	88	91	62	78	67	71	61	58	44	72	50	177	43	54	58	81	60	56	61	56	53	63	48	44	34	46	40	30	24
Short-term investments
474	180	128	68	82	42	48	35	157	29	23	25	41	8	16	24	30	42	27	19	17	12	31	12	18	15	23	20	34	33	21	11	28	94	11	19
Cash and Cash Equivalents, at Carrying Value
579	302	229	167	183	135	139	123	248	92	101	93	113	69	74	68	103	93	205	62	71	70	112	72	75	76	80	74	98	82	66	45	75	134	41	44
Trading security, at fair value
10	11	11	11	11	11	11	11	12	12	12	12	13	14	14	14	14	14	14	14	14	14	14	14	14	15	15	16	16	17	17	16	17	17	16	16
Marketable equity securities, at fair value
41	59	59	59	56	59	59	-	45	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Securities, Available-for-sale
1,311	1,369	1,410	1,386	1,399	1,391	1,393	1,460	1,380	1,341	1,329	1,293	1,209	946	1,073	1,171	1,154	1,175	1,204	1,099	1,091	1,058	1,080	1,033	760	684	568	558	466	467	471	423	419	395	306	310
Debt Securities, Held-to-maturity
357	364	364	369	373	379	379	395	397	395	350	331	334	131	132	128	131	133	86	42	43	42	43	43	44	46	49	50	51	51	41	59	58	58	55	56
Federal Home Loan Bank Stock and Other Restricted Securities at Cost
48	56	59	54	77	76	75	64	63	75	78	76	71	61	68	60	71	73	73	58	55	54	59	53	50	42	37	37	39	37	37	35	37	37	23	23
Total securities
1,769	1,861	1,904	1,881	1,918	1,917	1,919	1,931	1,898	1,823	1,772	1,714	1,628	1,153	1,288	1,374	1,371	1,396	1,379	1,216	1,205	1,170	1,198	1,144	870	789	671	663	573	572	567	535	533	508	400	405
Loans held for sale
36	204	184	4	2	91	149	98	153	143	146	89	120	20	22	15	13	25	48	29	19	29	20	7	15	27	64	72	85	114	59	-	1	0	0	1
Commercial real estate loans
-	-	-	3,388	-	3,371	3,319	3,266	3,264	2,671	2,689	2,673	2,616	2,327	2,237	1,054	2,059	2,021	1,907	1,672	1,611	1,595	1,579	1,456	1,417	-	-	-	-	-	-	-	-	-	-	-
Commercial and industrial loans
-	-	-	1,957	-	1,902	1,875	1,818	1,803	1,254	1,227	1,146	1,062	994	1,034	1,753	1,048	1,065	921	826	804	732	727	696	687	-	-	-	-	-	-	-	-	-	-	-
Residential mortgages
-	-	-	2,544	-	2,509	2,397	2,181	2,102	1,983	1,934	1,850	1,893	1,818	1,843	2,100	1,815	1,769	1,637	1,473	1,496	1,445	1,397	1,377	1,384	1,313	1,232	1,234	1,324	1,226	1,193	1,100	1,020	1,045	808	644
Consumer loans
-	-	-	1,057	-	1,121	1,118	1,108	1,127	1,038	1,012	985	978	906	884	818	802	809	818	756	768	778	745	710	691	675	641	638	650	368	371	361	369	368	309	285
Commercial mortgages
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,366	1,352	1,397	1,413	1,255	1,281	1,147	1,156	1,158	988	925
Commercial business loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	668	643	618	600	568	519	429	410	382	345	286
Loans and Leases Receivable, Net of Deferred Income
9,502	9,718	9,941	8,947	9,043	8,904	8,709	8,376	8,299	6,947	6,864	6,655	6,549	6,047	6,000	5,726	5,725	5,664	5,284	4,728	4,680	4,552	4,450	4,242	4,180	4,023	3,870	3,889	3,988	3,418	3,365	3,039	2,956	2,954	2,451	2,142
Loans and Leases Receivable, Allowance
63	62	62	62	61	58	55	53	51	49	47	45	43	43	41	40	39	38	37	36	35	34	34	33	33	33	33	33	33	33	32	32	32	32	31	31
Net loans
9,438	9,656	9,879	8,885	8,981	8,846	8,654	8,322	8,247	6,898	6,817	6,610	6,505	6,003	5,958	5,686	5,685	5,626	5,247	4,692	4,644	4,517	4,415	4,209	4,147	3,990	3,837	3,855	3,955	3,385	3,332	3,006	2,924	2,922	2,419	2,110
Property, Plant and Equipment, Net
121	123	121	105	108	111	112	111	109	94	94	95	93	85	86	87	88	86	87	85	87	87	86	87	84	83	88	88	86	70	68	61	60	58	44	38
Real Estate Acquired Through Foreclosure
-	-	0	-	-	-	-	-	0	0	0	0	0	0	0	1	1	2	0	1	2	4	2	2	2	3	2	2	1	1	0	0	1	2	1	3
Goodwill
553	554	554	518	518	518	519	519	519	403	403	403	403	339	339	323	323	324	308	264	264	264	264	264	256	256	256	255	255	220	220	202	202	202	178	161
Other intangible assets
45	47	48	32	33	34	35	37	38	17	17	18	19	8	9	9	10	11	12	10	11	12	13	15	13	15	16	17	19	17	19	19	20	22	14	11
Cash surrender value of bank-owned life insurance
227	227	227	191	190	194	193	192	191	161	140	139	139	127	127	126	125	124	123	105	104	103	102	102	101	100	89	88	88	76	76	75	75	74	56	46
Deferred tax assets, net
51	49	51	38	42	56	53	51	47	39	40	42	41	34	32	36	42	42	39	26	28	38	37	40	50	61	60	56	57	-	-	-	40	-	-	-
Other assets
261	263	238	182	142	123	125	131	117	92	92	91	98	87	103	76	64	69	66	77	61	51	55	63	54	45	57	69	75	91	95	82	51	98	68	58
Disposal Group, Including Discontinued Operation, Assets
154	242	212	165	114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	63	-	-
Total assets
13,215	13,531	13,653	12,173	12,212	12,030	11,901	11,519	11,570	9,766	9,627	9,297	9,162	7,931	8,043	7,807	7,831	7,804	7,518	6,571	6,502	6,352	6,311	6,010	5,672	5,450	5,224	5,245	5,296	4,634	4,507	4,029	3,992	4,087	3,225	2,881
Liabilities [Abstract]
Demand deposits
1,884	1,887	1,827	1,526	1,603	1,563	1,553	1,575	1,606	1,221	1,179	1,194	1,278	1,113	1,050	1,037	1,081	1,001	1,012	892	869	844	794	770	677	669	644	656	673	560	535	450	447	434	351	297
NOW and other deposits
1,492	1,267	997	820	1,122	844	858	715	734	573	574	562	570	476	489	473	510	476	458	436	426	420	416	434	353	352	356	374	379	296	298	294	272	269	216	212
Money market deposits
2,528	2,478	2,811	2,743	2,245	2,447	2,619	2,749	2,776	1,751	1,790	1,819	1,781	1,469	1,415	1,405	1,408	1,485	1,477	1,372	1,407	1,394	1,425	1,459	1,383	1,357	1,295	1,504	1,388	1,183	1,158	1,089	1,055	896	792	716
Savings deposits
841	831	848	731	724	737	747	756	741	670	669	660	657	607	611	611	601	603	621	512	496	474	478	478	431	438	444	451	487	381	371	365	350	450	315	237
Time deposits
3,589	3,957	4,081	3,344	3,287	3,173	3,060	2,885	2,890	2,573	2,500	2,419	2,333	2,082	2,090	2,056	1,986	1,940	1,751	1,505	1,455	1,429	1,362	1,075	1,001	1,064	1,074	1,113	1,170	1,028	1,045	984	975	986	810	741
Total deposits
10,335	10,423	10,565	9,166	8,982	8,766	8,838	8,683	8,749	6,790	6,714	6,656	6,622	5,749	5,656	5,584	5,589	5,507	5,322	4,719	4,654	4,563	4,478	4,218	3,848	3,882	3,815	4,100	4,100	3,449	3,409	3,184	3,101	3,038	2,485	2,204
Short-term debt
125	300	608	861	1,118	1,187	1,002	835	667	1,061	1,081	1,136	1,082	939	1,110	940	1,071	1,095	1,058	894	900	887	900	914	872	590	415	114	163	311	239	14	10	-	7	47
Long-term Federal Home Loan Bank advances
605	604	295	258	309	262	272	289	380	338	301	157	142	109	120	140	103	116	118	61	61	64	64	21	101	150	175	195	195	133	213	221	211	221	237	197
Junior Subordinated Notes
97	96	96	89	89	89	89	89	89	89	89	89	89	89	89	89	88	89	89	89	89	89	89	89	89	89	89	89	89	89	15	15	15	15	15	15
Total borrowings
827	1,001	1,001	1,209	1,517	1,540	1,363	1,215	1,137	1,488	1,472	1,383	1,313	1,138	1,320	1,169	1,263	1,301	1,266	1,045	1,052	1,040	1,053	1,026	1,064	829	680	399	448	536	467	251	237	237	260	260
Other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-	-	-
Other liabilities
293	301	280	204	159	191	183	123	187	203	171	158	133	110	143	147	91	113	103	89	85	51	88	87	82	65	55	71	81	56	46	36	46	54	34	28
Liabilities from discontinued operations
-	33	26	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	210	-	-
Total liabilities
11,457	11,759	11,874	10,596	10,659	10,497	10,385	10,021	10,074	8,482	8,359	8,198	8,069	6,998	7,120	6,902	6,943	6,922	6,691	5,855	5,792	5,655	5,620	5,332	4,994	4,777	4,551	4,571	4,629	4,043	3,924	3,472	3,440	3,540	2,780	2,492
Commitments and contingencies (See note 17)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	0
Shareholders’ equity
Preferred Stock (Series B non-voting convertible preferred stock - $0.01 par value; 2,000,000 shares authorized, 521,607 shares issued and outstanding in 2019; 2,000,000 shares authorized, 521,607 shares issued and outstanding in 2018)
40	40	40	40	40	40	40	40	40	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock ($.01 par value; 100,000,000 shares authorized and 51,903,190 shares issued and 49,585,143 shares outstanding in 2019; 100,000,000 shares authorized; 46,211,894 shares issued, and 45,416,855 shares outstanding in 2018)
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital - common stock
1,422	1,422	1,421	1,244	1,245	1,244	1,244	1,243	1,242	1,053	1,053	899	898	747	744	744	742	742	700	585	585	585	585	585	587	587	586	585	585	516	516	494	494	494	392	337
Unearned compensation
8	9	6	8	6	8	10	8	6	7	9	7	6	6	8	8	6	7	8	7	6	6	6	7	5	4	5	5	3	3	3	3	2	3	2	1
Retained earnings
361	346	336	321	308	305	283	259	239	251	237	225	217	213	203	193	183	173	164	160	156	149	142	135	141	135	132	126	122	122	115	111	107	104	103	103
Accumulated other comprehensive income/(loss)
11	15	11	-2	-13	-28	-21	-15	4	11	10	7	9	8	10	4	-3	2	-0	9	6	2	4	-0	-9	-7	-6	-1	-2	-3	-4	-3	-4	-5	-4	-6
Treasury stock, at cost (2,318,047 shares in 2019 and 795,039 shares in 2018)
69	44	24	19	21	21	21	22	24	24	24	25	26	30	26	29	29	29	29	31	33	33	34	35	36	38	35	30	34	40	41	41	42	43	44	44
Stockholders' Equity Attributable to Parent
1,758	1,772	1,779	1,577	1,552	1,532	1,516	1,497	1,496	1,284	1,268	1,099	1,093	932	923	905	887	881	827	716	709	696	690	677	678	673	672	673	667	590	583	556	551	546	444	388
Total liabilities and shareholders’ equity
13,215	13,531	13,653	12,173	12,212	12,030	11,901	11,519	11,570	9,766	9,627	9,297	9,162	7,931	8,043	7,807	7,831	7,804	7,518	6,571	6,502	6,352	6,311	6,010	5,672	5,450	5,224	5,245	5,296	4,634	4,507	4,029	3,992	4,087	3,225	2,881
Commercial Real Estate Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income
4,034	4,028	4,005	-	3,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial and industrial
Loans and Leases Receivable, Net of Deferred Income
1,840	1,845	1,987	-	1,980	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Residential Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income
2,685	2,838	2,882	-	2,566	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consumer Portfolio Segment [Member]
Loans and Leases Receivable, Net of Deferred Income
942	1,006	1,066	-	1,096	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Continuing Operations
Property, Plant and Equipment, Net
120	-	-	-	106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
237	-	-	-	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
267	-	-	-	149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations
Property, Plant and Equipment, Net
1	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
23	-	-	-	21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
26	-	-	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-