XML 44 R32.htm IDEA: XBRL DOCUMENT v3.24.3

LEASES (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Schedule of ROU Assets and Lease Liabilities

The following table represents the Consolidated Balance Sheets classification of the Company’s right-of-use (“ROU”) assets and lease liabilities:

(In thousands)												September 30, 2024						December 31, 2023
Lease Right-of-Use Assets						Classification
Operating lease right-of-use assets						Other assets						$	43,712					$	47,348
Finance lease right-of-use assets						Premises and equipment, net						641						5,597
Total Lease Right-of-Use Assets												$	44,353					$	52,945
Lease Liabilities
Operating lease liabilities						Other liabilities						$	48,762					$	53,026
Finance lease liabilities						Other liabilities						903						8,681
Total Lease Liabilities												$	49,665					$	61,707

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental information related to leases was as follows:

			September 30, 2024						December 31, 2023
Weighted-Average Remaining Lease Term (in years)
Operating leases			8.0						8.3
Finance leases			13.3						10.8
Weighted-Average Discount Rate
Operating leases			3.25		%				2.90		%
Finance leases			5.00		%				5.00		%

Supplemental cash flow information related to leases was as follows:

						Three Months Ended
(In thousands)						September 30, 2024						September 30, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases						$	2,073					$	2,267
Operating cash flows from finance leases						11						112
Financing cash flows from finance leases						12						148

						Nine Months Ended
(In thousands)						September 30, 2024						September 30, 2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases						$	6,160					$	6,800
Operating cash flows from finance leases						34						336
Financing cash flows from finance leases						35						443

Schedule of Maturity Analysis of Operating Lease Liability

The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2024:

(In thousands)						Operating Leases						Finance Leases
2024						$	2,200					$	23
2025						8,157						93
2026						7,962						93
2027						7,246						93
2028						6,109						93
Thereafter						23,116						837
Total undiscounted lease payments						54,790						1,232
Less amounts representing interest						(6,028)						(329)
Lease liability						$	48,762					$	903

Schedule of Maturity Analysis of Finance Lease Liability

The following table presents a maturity analysis of the Company’s lease liability by lease classification at September 30, 2024:

(In thousands)						Operating Leases						Finance Leases
2024						$	2,200					$	23
2025						8,157						93
2026						7,962						93
2027						7,246						93
2028						6,109						93
Thereafter						23,116						837
Total undiscounted lease payments						54,790						1,232
Less amounts representing interest						(6,028)						(329)
Lease liability						$	48,762					$	903

X

- Definition

Assets And Liabilities, Lessee [Table Text Block]

+ References

No definition available.

+ Details

Name:	bhlb_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix:	bhlb_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration