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Berkshire Bancorp (Berkshire Bancorp) Goodwill : $0.00 Mil (As of Dec. 2021)


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What is Berkshire Bancorp Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Berkshire Bancorp's goodwill for the quarter that ended in Dec. 2021 was $0.00 Mil.


Berkshire Bancorp Goodwill Historical Data

The historical data trend for Berkshire Bancorp's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Berkshire Bancorp Goodwill Chart

Berkshire Bancorp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill
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Berkshire Bancorp Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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Berkshire Bancorp Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Berkshire Bancorp  (OTCPK:BERK) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Berkshire Bancorp's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill-to-Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/716.68
=0.00

Berkshire Bancorp's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Goodwill-to-Asset (Q: Dec. 2021 )=Goodwill/Total Assets
=0/716.68
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Berkshire Bancorp Goodwill Related Terms

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Berkshire Bancorp (Berkshire Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
160 Broadway, First Floor, New York, NY, USA, 10038
Berkshire Bancorp Inc is a bank holding firm based in the United States. The company principally engages in the ownership and management of its indirect wholly-owned subsidiary which is a state chartered commercial bank. It has been providing services to high net worth individuals, small and mid-sized commercial businesses primarily in the New York City metropolitan area. Its branches are located in New York and in New Jersey. It's loan products offering includes commercial and industrial and finance leases; residential loans, and commercial real estate and construction loans, and consumer loans.
Executives
Moses Marx director, 10 percent owner 160 BROADWAY, NEW YORK NY 10038
George Karfunkel director 6201 15TH AVE, BROOKLYN NY 33428
Philippe D Katz director 160 BROADWAY, NEW YORK NY 10038
Joseph Fink director, officer: Pres, CEO, Treasurer, CFO C/O BERKSHIRE BANCORP., INC., 160 BROADWAY, NEW YORK NY 10038
Cohen William L /ny director 1333 BROADWAY 5TH FLOOR, NEW YORK NY 10018
Steven Rosenberg director, officer: President, CEO, CFO 57 FAIRVIEW AVE, PORT WASHINGTON NY 11050
Martin A Fischer director 254 EAST 68TH STREET, APT. 28A, NEW YORK NY 10065
David W Lukens other: EVP & CFO of Subsidiary 600 MADISON AVE, NEW YORK NY 10022
Moses Krausz other: President & CEO of subsidary

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