The Berkshire Bank
New York, NY
IDRSSD: 1396764
Total Assets
$572.29M
Latest filing
Total Deposits
$438.46M
Latest filing
Net Interest Margin
3.78%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
The Berkshire Bank
4 E 39th St
New York, NY 10016
Full Service - Brick and Mortar
Updated 11/14/2025Established 05/08/1989FDIC Certificate 40236
Branches (7)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| The Berkshire Bank (Main) | 4 E 39th St | New York, NY |
| GOSHEN SAVINGS BANK BRANCH | 2 S Church St | Goshen, NY |
| BROOKLYN BRANCH | 5010 13th Avenue | New York City, NY |
| HARRIMAN BRANCH | 80 Route 17m | Harriman, NY |
| 5 BROADWAY BRANCH | 5 Broadway | New York, NY |
| KINGS HIGHWAY BRANCH | 1421 Kings Hwy | Brooklyn, NY |
| 16TH AVENUE BRANCH | 4917 16th Ave | Brooklyn, NY |
| WASHINGTON HEIGHTS BRANCH | 210 Pinehurst Ave | New York, NY |
Showing 7 of 7
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 05/08/1989 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 10016 |
| State and County Number | 36061 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 02 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | New York-Newark-Jersey City, NY-NJ-PA |
Operational Info
| Number of Employees | 88 |
| Domestic Offices | 8 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 05/08/1989 |
| Primary Insurance Agency | DIF |
| Website | http://www.berkbank.com |
| Data Updated | 11/14/2025 |
| CERT | 27503 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $572.29M |
| Total Deposits | $438.46M |
| Total Liabilities | $444.51M |
| Total Equity Capital | $127.78M |
| Net Income | $569.00k |
| Net Loans and Leases | $158.81M |
| Assets Per Employee ($Millions) | $6.73M |
| Bank Premises and Fixed Assets | $2.50M |
| Cash and Balances due from Depository Institutions | $299.26M |
| Deposits Held in Domestic Offices | $438.46M |
Key Performance Ratios
| Return on Assets (ROA) | 0.4% |
| Return on Equity (ROE) | 1.79% |
| Net Interest Margin | 3.78% |
| Efficiency Ratio | 72.64% |
| Tier 1 Risk-Based Capital Ratio | 80.854% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.35% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 22.329% |
| Earning Assets to total Assets | 97.89% |
Income and Expense
| Total Interest Income | $6.75M |
| Total Noninterest Income | $61.00k |
| Total Interest Expense | $1.45M |
| Total Noninterest Expense | $3.89M |
| Net Interest Income | $5.30M |
| Pre-tax Net Operating Income | $967.00k |
| Provision for Credit Losses | $500.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $6.05M |
| Total Liabilities and Capital | $572.29M |
Securities
| Securities | $103.43M |
| Available-for-sale debt securities | $101.37M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of The Berkshire Bank?
$572.29M as of the latest filing.
How much are The Berkshire Bank's total deposits?
$438.46M in total deposits.
Where is The Berkshire Bank located?
New York, NY.
What is the Net Interest Margin?
3.78%.
How many domestic offices does it operate?
8.
When was it established?
05/08/1989.
What is the Return on Assets (ROA)?
0.4%.
How much are total loans and leases?
$158.81M (latest filing).
What is the total interest income (latest filing)?
$6.75M.