Berkshire Bancorp (Berkshire Bancorp) Tax Rate % : 33.01% (As of Dec. 2021)

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What is Berkshire Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Berkshire Bancorp's Tax Expense for the six months ended in Dec. 2021 was $1.33 Mil. Berkshire Bancorp's Pre-Tax Income for the six months ended in Dec. 2021 was $4.03 Mil. Therefore, Berkshire Bancorp's Tax Rate % for the quarter that ended in Dec. 2021 was 33.01%.

Berkshire Bancorp Tax Rate % Historical Data

The historical data trend for Berkshire Bancorp's Tax Rate % 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 Tax Rate % Chart

Berkshire Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Tax Rate %

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62.24

39.02

34.73

31.69

33.01

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
Tax Rate %	Get a 7-Day Free Trial															62.24	39.02	34.73	31.69	33.01

Berkshire Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Berkshire Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2021 )	/	Pre-Tax Income (A: Dec. 2021 )
	=	1.33	/	4.029
	=	33.01 %

Berkshire Bancorp's Tax Rate % for the quarter that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2021 )	/	Pre-Tax Income (Q: Dec. 2021 )
	=	1.33	/	4.029
	=	33.01 %

Berkshire Bancorp Tax Rate % Related Terms

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Berkshire Bancorp (Berkshire Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Berkshire Bancorp Inc (OTCPK:BERK) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Broadway, First Floor, New York, NY, USA, 10038

Website

https://www.berkbank.com

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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