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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) December 17, 2002
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BERKSHIRE HILLS BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-15781 04-3510455
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(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
24 North Street, Pittsfield, Massachusetts 01201
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(Address of principal executive offices)
(413) 443-5601
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
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ITEMS 1, 2, 3, 4, 5, 6 AND 8. NOT APPLICABLE.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
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(a) Financial Statements of Businesses Acquired: Not applicable
(b) Pro Forma Financial Information: Not applicable
(c) Exhibits
Number Description
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99.1 Press Release Dated December 17, 2002
ITEM 9. REGULATION FD DISCLOSURE.
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On December 17, 2002, Berkshire Hills Bancorp, Inc. (the "Company"), the
holding company for Berkshire Bank, announced three actions related to its long-
term business strategy: (1) the sale of $69.7 million of its sub-prime
automobile loan portfolio to Crescent Bank & Trust; (2) the intent to sell its
current inventory of repossessed automobiles at wholesale; and (3) the
restructuring of its investment portfolio and sale of equity securities.
A copy of the Company's press release dated December 17, 2002 is attached
as Exhibit 99.1 and incorporated herein by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BERKSHIRE HILLS BANCORP, INC.
Dated: December 17, 2002 By: /s/ Michael P. Daly
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Michael P. Daly
President and Chief Executive Officer
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