{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-048742","form_type":"8-K","ticker":"BBT","cik":"0001108134","company_name":"Beacon Financial Corp","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.311055+00:00","generated_at":"2026-06-03T18:07:22.022168+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Berkshire Hills Q1 net loss $20.2M ($0.47/sh); $362M securities sale triggers $49.9M loss","bullets":["Net loss of $20.2M ($0.47 per share) vs. year-ago net income of $27.6M ($0.63).","Operating earnings of $20.9M ($0.49 per share), roughly flat year-over-year.","Securities sale of $362M resulted in $49.9M net non-operating loss ($0.89 per share after-tax).","Net interest margin (FTE) 3.15%, down from 3.58% a year ago; net loan charge-offs 18 bps annualized.","Tangible common equity ratio 8.2%, CET1 ratio 11.6%; tangible book value per share $22.84."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-048742","json":"https://secwatch.observer/filing/0001104659-24-048742.json","markdown":"https://secwatch.observer/filing/0001104659-24-048742.md","text":"https://secwatch.observer/filing/0001104659-24-048742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108134/000110465924048742/0001104659-24-048742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108134/000110465924048742/tm2412132d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T18:07:22.022168+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"}