Berkshire Hills Bancorp, Inc. (BHLB)

Berkshire Hills Bancorp Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	569.97	1,203	685.36	1,584	1,483	465.23
Investment Securities	525.56	377.44	398.39	482.57	480.22	581.15
Trading Asset Securities	5.56	51.81	60.95	87.88	169.78	88.63
Mortgage-Backed Securities	661.68	1,201	1,621	2,047	1,699	1,130
Total Investments	1,193	1,630	2,080	2,617	2,349	1,800
Gross Loans	9,212	9,040	8,335	6,826	8,082	9,502
Allowance for Loan Losses	-112.05	-105.36	-96.27	-106.09	-127.3	-63.58
Net Loans	9,100	8,934	8,239	6,720	7,954	9,439
Property, Plant & Equipment	54.67	116.26	131.63	146.56	172.68	193.27
Goodwill	-	-	-	-	-	553.76
Other Intangible Assets	16.19	19.66	24.48	29.62	34.82	45.62
Loans Held for Sale	50.63	2.24	4.31	6.11	17.75	36.66
Accrued Interest Receivable	-	53.1	46.87	33.53	46.92	36.46
Other Receivables	-	33.56	34.39	30.61	40.75	23.79
Restricted Cash	-	-	-	43.7	75.1	114.6
Other Current Assets	6.93	10.94	3.26	4.58	317.3	154.13
Long-Term Deferred Tax Assets	-	110.07	118.33	52.62	46.37	51.17
Other Real Estate Owned & Foreclosed	2.56	-	-	-	0.15	-
Other Long-Term Assets	579.86	294.32	287.62	275.6	265.8	254.7
Total Assets	11,605	12,431	11,663	11,555	12,838	13,216
Interest Bearing Deposits	7,310	6,203	6,391	6,059	6,010	5,768
Institutional Deposits	-	1,961	1,084	1,002	1,722	2,684
Non-Interest Bearing Deposits	2,268	2,469	2,852	3,008	2,484	1,884
Total Deposits	9,577	10,633	10,327	10,069	10,216	10,336
Short-Term Borrowings	-	335.96	97.03	35.19	105.76	125
Current Portion of Leases	-	10.56	-	-	-	-
Accrued Interest Payable	-	13.77	1.61	0.78	3.87	-
Other Current Liabilities	-	37.89	5.76	5.72	641.33	26.48
Federal Home Loan Bank Debt, Long-Term	585.54	125.22	4.45	13.33	434.36	605.5
Long-Term Leases	-	51.15	63.04	65.54	74.28	91.62
Trust Preferred Securities	121.55	121.36	121.06	97.51	97.28	97.05
Pension & Post-Retirement Benefits	-	43.04	45.18	45.5	38.83	-
Other Long-Term Liabilities	249.53	46.27	43.41	39.96	38.74	175.78
Total Liabilities	10,534	11,419	10,709	10,372	11,650	11,457
Preferred Stock, Convertible	-	-	-	-	-	40.63
Common Stock	1,070	0.53	0.53	0.53	0.53	0.52
Additional Paid-In Capital	-	1,423	1,424	1,423	1,427	1,422
Retained Earnings	-	-33.14	-71.43	-139.38	-233.34	361.08
Treasury Stock	-	-225.32	-209.57	-89.86	-31.28	-69.64
Comprehensive Income & Other	-	-153.13	-189.65	-12.3	24.63	3.53
Total Common Equity	1,070	1,012	954.06	1,182	1,188	1,718
Shareholders' Equity	1,070	1,012	954.06	1,182	1,188	1,759
Total Liabilities & Equity	11,605	12,431	11,663	11,555	12,838	13,216
Total Debt	707.09	644.25	285.58	211.57	711.67	919.17
Net Cash (Debt)	-131.56	610.8	460.72	1,460	940.88	-365.31
Net Cash Growth	-	32.58%	-68.45%	55.22%	-	-
Net Cash Per Share	-3.08	14.04	10.03	29.47	18.72	-7.39
Filing Date Shares Outstanding	42.18	42.84	43.77	47.67	50.52	49.75
Total Common Shares Outstanding	42.18	42.72	43.66	47.96	50.32	49.14
Book Value Per Share	25.38	23.70	21.85	24.66	23.61	34.96
Tangible Book Value	1,054	992.56	929.58	1,153	1,153	1,119
Tangible Book Value Per Share	24.99	23.24	21.29	24.04	22.91	22.76

Source: S&P Capital IQ. Banks template. Financial Sources.