{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-047535","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.958997+00:00","generated_at":"2026-06-16T22:11:48.907562+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Berkshire Hills Q1 net income $27.6M ($0.63/sh); average loans +5%, deposits -1%","bullets":["Net income $27.6M ($0.63 diluted EPS); operating EPS same; down from $0.69 in Q4 2022, up from $0.42 in Q1 2022.","Net interest margin (FTE) 3.58% vs 3.84% prior quarter; net interest income $97.5M (non-FTE).","Average loans $8.5B (+5% linked-quarter); average deposits $9.7B (-1% quarterly).","Tangible book value per share $21.89 (+4% from Q4); CET1 ratio 12.1%; TCE ratio 7.9%.","Added Karyn Polito and Eric Rosengren to board of directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-047535","json":"https://secwatch.observer/filing/0001104659-23-047535.json","markdown":"https://secwatch.observer/filing/0001104659-23-047535.md","text":"https://secwatch.observer/filing/0001104659-23-047535.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923047535/0001104659-23-047535-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923047535/tm2313279d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:11:48.907562+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0478a07082e4853f0356130f0b97a5a51401499b","claim":"Beacon Financial Corp reported first quarter ended March 31, 2023 results: net income $27.6 million, EPS $0.63 per share.","evidence_excerpt":"Berkshire Hills Reports First Quarter Net Income of $27.6 Million, or $0.63 per Share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923047535/0001104659-23-047535-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Net income","value":"$27.6 million"},{"label":"EPS","value":"$0.63 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}