Berkshire Bancorp, Inc. (BERK) financial statements (2020 and earlier)

Company profile

Business Address 160 BROADWAY
NEW YORK, NY 10038
State of Incorp. DE
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments149
Cash and cash equivalents149
Total current assets:149
Noncurrent Assets
Property, plant and equipment7
Total noncurrent assets:7
Other undisclosed assets672
TOTAL ASSETS:828
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt2
Total current liabilities:2
Noncurrent Liabilities
Other undisclosed liabilities692
Total liabilities:694
Stockholders' equity
Stockholders' equity attributable to parent134
Common stock1
Additional paid in capital144
Accumulated other comprehensive loss(3)
Accumulated deficit(8)
Total stockholders' equity:134
TOTAL LIABILITIES AND EQUITY:828

Income statement (P&L) ($ in millions)

12/31/2012
Operating expenses(12)
Operating loss:(12)
Interest and debt expense(7)
Other undisclosed income from continuing operations before equity method investments, income taxes32
Income from continuing operations before income taxes:14
Income tax expense(1)
Net income:12
Other undisclosed net income attributable to parent0
Net income available to common stockholders, diluted:12

Comprehensive Income ($ in millions)

12/31/2012
Net income:12
Other comprehensive income8
Comprehensive income:20
Other undisclosed comprehensive income, net of tax, attributable to parent0
Comprehensive income, net of tax, attributable to parent:20

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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