{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-030536","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.382060+00:00","generated_at":"2026-06-05T04:33:44.200583+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Berkshire Hills selling 10 NY branches with $485.5M in deposits; branch count to 86","bullets":["Sales to Hudson Valley Credit Union (8 branches), Glens Falls National Bank (1), Pathfinder Bank (1).","Includes $60.5M in residential mortgage and consumer loans; excludes commercial banking business.","Branch count reduces from 96 to 86; closing targeted for end of Q3 2024, pending regulatory approvals.","Combined branch and securities sale expected to be neutral to full-year 2024 earnings outlook.","Buyers intend to hire all associated staff; Berkshire retains 16 core New York branches."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-030536","json":"https://secwatch.observer/filing/0001104659-24-030536.json","markdown":"https://secwatch.observer/filing/0001104659-24-030536.md","text":"https://secwatch.observer/filing/0001104659-24-030536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465924030536/0001104659-24-030536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465924030536/tm247865d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T04:33:44.200583+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}