BERKSHIRE HILLS BANCORP INC
For the period ended Dec 31, 2024. Filed Mar 3, 2025.
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FY2024 · Filed Mar 3, 2025
BBT$31.01+1.1%Stored close · as of Nov 10, 2026
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ITEM 1. TABLE 3 — CREDIT QUALITY RATIOS
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Ratios: | |||
| Allowance for credit losses on loans/total loans | 1.22% | 1.17% | 1.15% |
| Nonaccrual loans/total loans | 0.26% | 0.24% | 0.37% |
| Allowance for credit losses/nonaccruing loans | 469.18% | 492.47% | 309.41% |
| Net charge-offs/average loans | 0.16% | 0.26% | 0.27% |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Net charge-offs to average loans: | |||
| Construction | —% | —% | —% |
| Commercial multifamily | 0.01 | — | — |
| Commercial real estate owner occupied | — | (0.01) | — |
| Commercial real estate non-owner occupied | — | — | 0.06 |
| Commercial and industrial | 0.06 | 0.17 | 0.20 |
| Residential real estate | (0.01) | — | (0.01) |
| Home equity | — | — | — |
| Consumer other | 0.10 | 0.10 | 0.02 |
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