Berkshire qualifies all of its forward-looking statements by these cautionary statements. The Bank originates loans in the four basic portfolio categories discussed below. This team originates loans in the Northeast, Mid-Atlantic and nationally. The Bank does not offer interest-only or negative amortization mortgage loans. Holding costs and decreases in fair value after acquisition are expensed. Included in this amount is $27 thousand related to troubled debt restructurings. Interestincome on accruing troubled debt restructurings totaled $1.1 million for 2020. With other lending institutions, the Company engages in risk participation agreements. The Bank has designated a national financial institution as its clearing agent. Berkshire Insurance Group is incorporated in Massachusetts. Loans to One Borrower Limitations. Prompt Corrective Regulatory Action. Historically, the FHLBB has paid dividends to member banks based on money market rates. The Company reports income on a calendar year basis to the Commonwealth of Massachusetts. The costs associated with investigation or remediation activities could be substantial. In addition, technological resources may be strained due to the number of remote users. As a growing regional bank, the Company may be subject to similar attacks in the future.