XML 25 R112.htm IDEA: XBRL DOCUMENT v2.4.1.9
FAIR VALUE MEASUREMENTS (Details 5) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Financial Assets    
Trading security $ 14,909us-gaap_TradingSecurities $ 14,840us-gaap_TradingSecurities
Securities available for sale 1,091,818us-gaap_AvailableForSaleSecurities 760,048us-gaap_AvailableForSaleSecurities
Securities held to maturity 44,997us-gaap_HeldToMaturitySecuritiesFairValue 45,764us-gaap_HeldToMaturitySecuritiesFairValue
Accrued interest receivable 17,274us-gaap_InterestReceivable 15,070us-gaap_InterestReceivable
Assets held for sale 1,280us-gaap_AssetsHeldForSaleAtCarryingValue 3,969us-gaap_AssetsHeldForSaleAtCarryingValue
Financial Liabilities    
Liabilities held for sale   24,834us-gaap_LiabilitiesOfAssetsHeldForSale
Methods and assumptions used to estimate the fair value of significant classes of financial instruments    
Junior subordinated debentures re-price period 90 days  
Level 1    
Financial Assets    
Cash and cash equivalents 71,754us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
75,539us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Securities available for sale 53,806us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
20,891us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Derivative assets   242us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Financial Liabilities    
Derivative liabilities 417us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
 
Level 2    
Financial Assets    
Securities available for sale 1,035,686us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
737,193us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Restricted equity securities 55,720bhlb_FederalHomeLoanBankStockAndOtherInvestmentsAndSecuritiesAtCost
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
50,282bhlb_FederalHomeLoanBankStockAndOtherInvestmentsAndSecuritiesAtCost
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Loans held for sale 19,493us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
15,840us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Accrued interest receivable 17,274us-gaap_InterestReceivable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
15,072us-gaap_InterestReceivable
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Cash surrender value of bank-owned life insurance policies 104,588us-gaap_CashSurrenderValueFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
101,530us-gaap_CashSurrenderValueFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Derivative assets 12,328us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
7,799us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Assets held for sale 1,280us-gaap_AssetsHeldForSaleAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
3,969us-gaap_AssetsHeldForSaleAtCarryingValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Financial Liabilities    
Total deposits 4,655,234us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
3,848,926us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Short-term debt 900,983us-gaap_ShorttermDebtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
872,545us-gaap_ShorttermDebtFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Long-term Federal Home Loan Bank advances 63,283us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
103,660us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Subordinated borrowings 93,441us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
87,882us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Derivative liabilities 18,259us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
11,964us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Liabilities held for sale   24,834us-gaap_LiabilitiesOfAssetsHeldForSale
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Level 3    
Financial Assets    
Trading security 14,909us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
14,840us-gaap_TradingSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Securities available for sale 2,326us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
1,964us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Securities held to maturity 44,997us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
45,764us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Net loans 4,695,256us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
4,154,663us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Derivative assets 625us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
277us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Financial Liabilities    
Derivative liabilities 93us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
 
Carrying Amount    
Financial Assets    
Cash and cash equivalents 71,754us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
75,539us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Trading security 14,909us-gaap_TradingSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
14,840us-gaap_TradingSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Securities available for sale 1,091,818us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
760,048us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Securities held to maturity 43,347us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
44,921us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Restricted equity securities 55,720bhlb_FederalHomeLoanBankStockAndOtherInvestmentsAndSecuritiesAtCost
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
50,282bhlb_FederalHomeLoanBankStockAndOtherInvestmentsAndSecuritiesAtCost
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Net loans 4,644,938us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
4,147,200us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Loans held for sale 19,493us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
15,840us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Accrued interest receivable 17,274us-gaap_InterestReceivable
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
15,072us-gaap_InterestReceivable
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Cash surrender value of bank-owned life insurance policies 104,588us-gaap_CashSurrenderValueFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
101,530us-gaap_CashSurrenderValueFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Derivative assets 12,953us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
8,318us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Assets held for sale 1,280us-gaap_AssetsHeldForSaleAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
3,969us-gaap_AssetsHeldForSaleAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Financial Liabilities    
Total deposits 4,654,679us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
3,848,529us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Short-term debt 900,900us-gaap_ShorttermDebtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
872,510us-gaap_ShorttermDebtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Long-term Federal Home Loan Bank advances 61,676us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
101,918us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Subordinated borrowings 89,747us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
89,679us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Derivative liabilities 18,769us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
11,964us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Liabilities held for sale   24,834us-gaap_LiabilitiesOfAssetsHeldForSale
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_CarryingReportedAmountFairValueDisclosureMember
Total Fair Value    
Financial Assets    
Cash and cash equivalents 71,754us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
75,539us-gaap_CashAndCashEquivalentsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Trading security 14,909us-gaap_TradingSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
14,840us-gaap_TradingSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Securities available for sale 1,091,818us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
760,048us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Securities held to maturity 44,997us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
45,764us-gaap_HeldToMaturitySecuritiesFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Restricted equity securities 55,720bhlb_FederalHomeLoanBankStockAndOtherInvestmentsAndSecuritiesAtCost
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
50,282bhlb_FederalHomeLoanBankStockAndOtherInvestmentsAndSecuritiesAtCost
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Net loans 4,695,256us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
4,154,663us-gaap_LoansReceivableFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Loans held for sale 19,493us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
15,840us-gaap_LoansHeldForSaleFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Accrued interest receivable 17,274us-gaap_InterestReceivable
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
15,072us-gaap_InterestReceivable
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Cash surrender value of bank-owned life insurance policies 104,588us-gaap_CashSurrenderValueFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
101,530us-gaap_CashSurrenderValueFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Derivative assets 12,953us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
8,318us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Assets held for sale 1,280us-gaap_AssetsHeldForSaleAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
3,969us-gaap_AssetsHeldForSaleAtCarryingValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Financial Liabilities    
Total deposits 4,655,234us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
3,848,926us-gaap_DepositsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Short-term debt 900,983us-gaap_ShorttermDebtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
872,545us-gaap_ShorttermDebtFairValue
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Long-term Federal Home Loan Bank advances 63,283us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
103,660us-gaap_FederalHomeLoanBankBorrowingsFairValueDisclosure
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Subordinated borrowings 93,441us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
87,882us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Derivative liabilities 18,769us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
11,964us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember
Liabilities held for sale   $ 24,834us-gaap_LiabilitiesOfAssetsHeldForSale
/ us-gaap_FairValueByMeasurementBasisAxis
= us-gaap_EstimateOfFairValueFairValueDisclosureMember