The roller coaster ride continues at Berkshire Bancorp (BERK) in New York.

The $820 million-asset company disclosed on Tuesday that it is dealing with a major accounting issue. The disclosure comes just weeks after the resignation of Berkshire's chief executive, who pulled double duty as its chief financial officer.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.