{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-110429","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.243765+00:00","generated_at":"2026-06-09T18:04:26.036000+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Berkshire Hills Q3 net income $20M ($0.45 EPS); operating EPS $0.50, avg loans +2%","bullets":["Operating earnings of $21.5M ($0.50/share); GAAP net income $19.5M ($0.45) vs $23.9M ($0.55) prior quarter.","Net interest margin (FTE) 3.18%, down from 3.24% in Q2 and 3.48% a year ago; net interest income $90.3M.","Average loans grew 2% linked quarter to $8.95B; average deposits +1% to $9.63B.","TCE ratio 7.7%, CET1 ratio 12.1%; common stock buybacks totaled $4M during the quarter.","Efficiency ratio 65.1%; net charge-offs decreased $0.3M linked quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-110429","json":"https://secwatch.observer/filing/0001104659-23-110429.json","markdown":"https://secwatch.observer/filing/0001104659-23-110429.md","text":"https://secwatch.observer/filing/0001104659-23-110429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923110429/0001104659-23-110429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923110429/tm2328592d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:04:26.036000+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":"351a92facc2d44af732d803c530ca3672c3a36fd","claim":"Beacon Financial Corp reported third quarter ended September 30, 2023 results: net income $20 million, EPS $0.45 Earnings per Share.","evidence_excerpt":"Berkshire Hills Reports Third Quarter Net Income of $20 Million, or $0.45 Earnings per Share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923110429/0001104659-23-110429-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"$20 million"},{"label":"EPS","value":"$0.45 Earnings per Share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5682dc44b648a746ceaf6ab1cc9d6917375ec66e","claim":"Beacon Financial Corp reported Three Months Ended Sep. 30, 2023 results: net income $ 19.5, EPS 0.45.","evidence_excerpt":"Net income $ 19.5 $ 23.9 $ 18.7 Per share 0.45 0.55 0.42","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108134/000110465923110429/0001104659-23-110429-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Three Months Ended Sep. 30, 2023"},{"label":"Net income","value":"$ 19.5"},{"label":"EPS","value":"0.45"},{"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"}