BROOKLINE BANCORP, INC BRKL Cash Flow

Brookline bancorp, inc (BRKL)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income attributable to Brookline Bancorp, Inc.
87,717	86,672	86,536	86,896	83,062	68,751	61,657	55,706	50,518	56,970	55,221	52,995	52,362	52,409	51,680	50,891	49,782	47,331	46,183	44,449	43,288	40,696	38,384	37,744	36,015	39,595	41,568	39,606	37,142	32,336	27,211	26,682	27,600	26,941	27,703	27,786	26,872	0	0	0
Adjustments to reconcile net income to net cash provided from operating activities:
Net income attributable to noncontrolling interest in subsidiary
43	1,065	1,839	2,737	3,489	3,446	3,473	3,328	3,101	2,781	2,635	2,600	2,862	2,932	2,838	2,814	2,586	2,334	2,435	2,217	2,037	2,055	1,883	1,782	1,787	1,659	1,490	1,369	1,227	1,163	1,149	1,221	1,219	1,124	1,052	890	769	0	0	0
Provision for credit losses
9,583	6,104	7,950	5,663	4,951	6,630	6,824	6,227	18,988	20,401	19,705	21,377	10,353	8,658	8,198	7,566	7,451	7,655	7,934	8,297	8,477	10,640	11,354	11,517	10,929	10,143	10,257	14,496	15,888	13,629	11,658	5,819	3,631	4,106	3,766	3,588	3,796	0	0	0
Origination of loans and leases held-for-sale
15,361	21,436	26,826	23,683	25,370	26,480	27,213	26,130	27,425	40,743	49,137	52,624	56,080	77,043	68,947	81,605	74,841	36,666	31,278	25,898	21,365	45,432	44,891	40,943	52,485	61,152	72,620	93,733	101,286	80,635	79,187	52,645	46,555	0	0	0	-	-	-	-
Proceeds from sales of loans and leases held-for-sale, net
19,930	23,842	27,698	25,266	26,519	30,639	28,831	28,189	32,073	41,972	51,936	56,559	55,636	76,930	71,146	70,438	64,398	27,534	34,174	26,551	34,717	59,745	49,377	55,889	56,326	63,856	69,119	95,436	103,316	81,986	79,571	51,011	41,687	0	0	0	-	-	-	-
Deferred income tax expense (benefit)
-2	-1,535	-2,299	-3,323	-5,453	10,265	9,800	13,203	10,798	-1,410	-134	-1,992	2,322	773	1,859	777	1,239	-167	-1,740	-1,285	125	4,950	4,120	2,738	2,398	1,662	186	599	663	-3,032	1,040	1,900	784	493	-786	-115	-113	0	0	0
Depreciation of premises and equipment
6,861	7,040	7,268	7,363	7,382	7,380	7,245	7,238	7,232	7,206	7,130	7,092	7,080	7,081	7,077	7,065	7,074	7,126	7,166	7,142	7,020	6,912	6,885	6,485	6,291	5,623	4,859	4,314	3,733	3,133	2,826	2,546	2,061	2,050	1,765	1,626	1,590	0	0	0
Amortization of investment securities premiums and discounts, net
-1,810	-2,060	-2,241	-2,138	-2,200	-2,268	-2,171	-2,133	-2,042	-1,691	-1,682	-2,074	-2,158	-2,247	-2,241	-1,832	-1,841	-1,851	-2,030	-2,467	-2,656	-2,822	-2,839	-2,985	-3,200	-3,501	-3,593	-4,592	-4,486	-4,148	-3,884	-2,578	-2,344	-2,276	-2,227	-2,136	-2,171	0	0	0
Amortization of deferred loan and lease origination costs, net
-7,045	-7,011	-7,075	-7,128	-6,971	-6,973	-6,847	-6,694	-6,695	-6,354	-6,219	-6,056	-5,883	-5,405	-4,880	-4,368	-4,775	-6,173	-7,723	-9,311	-9,890	-7,525	-7,580	-7,762	-7,749	-10,264	-10,110	-9,984	-10,121	-10,163	-10,192	-9,979	-9,775	-9,591	-9,474	-9,483	-9,416	0	0	0
Amortization of Intangible Assets
1,663	1,780	1,896	2,015	2,080	2,062	2,044	2,024	2,089	2,191	2,295	2,397	2,500	2,603	2,705	2,808	2,911	3,014	3,117	3,220	3,343	3,643	3,969	4,319	4,623	5,293	5,410	5,504	5,622	4,202	3,374	2,557	1,570	1,499	1,362	1,214	1,224	0	0	0
Amortization of debt issuance costs
100	100	100	100	100	100	100	100	100	120	100	101	101	100	101	100	100	81	79	54	29	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Accretion) amortization of acquisition fair value adjustments, net
809	519	551	1,535	-354	-75	18	-219	1,583	2,322	3,689	3,788	3,960	5,518	5,533	6,156	7,242	6,936	7,666	8,251	11,217	9,785	9,069	8,270	6,193	8,228	10,309	12,493	12,121	9,347	5,308	1,603	-658	-593	-132	146	11	0	0	0
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss
508	-560	-444	-801	227	1,162	1,162	1,162	11,393	11,393	11,393	11,393	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	0	0	0	-	-	-	-
Gain (Loss) on Sale of Loans and Leases Held for Sale
1,709	1,727	1,712	1,873	1,883	2,491	3,005	2,590	2,644	2,979	2,666	2,704	3,256	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales/disposals of premises and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,502	1,502	1,525	1,510	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of loans and leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on sales of OREO and other repossessed assets, net
-	-	-	-	-	-	-	-	79	79	52	87	84	48	-95	-95	-102	-103	-38	-27	-11	63	5	-10	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on impairment of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	0	0	0
Write-down of OREO and other repossessed assets
903	1,325	1,201	1,086	1,234	403	517	599	458	569	333	201	190	137	147	236	229	289	324	308	381	310	274	-381	263	201	150	824	73	0	0	0	-	-	-	-	-	-	-	-
Amortization of mortgage servicing rights
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Write-down of acquired assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Compensation under recognition and retention plans
2,683	3,096	3,034	2,725	2,546	2,220	2,193	2,411	2,308	2,314	2,215	1,853	1,844	1,853	1,618	1,480	1,276	1,035	1,204	1,170	1,205	1,163	1,292	1,512	1,393	1,331	781	680	546	415	563	453	364	316	201	178	139	0	0	0
Loss from investments in affordable housing projects
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,643	-2,013	-1,144	-694	0	0	0	-	-	-	-	-	-	-	-
ESOP shares committed to be released
458	339	402	456	500	555	531	514	500	352	443	419	400	564	398	401	395	363	508	495	496	437	229	267	230	233	307	239	242	274	310	355	418	448	466	483	482	0	0	0
Net change in:
Cash surrender value of bank-owned life insurance
-1,030	-1,036	-1,039	-1,039	-1,039	-1,036	-1,036	-1,039	-1,041	-1,048	-1,035	-1,047	-1,050	-1,052	-1,060	-1,045	-1,049	-1,028	-1,056	-1,059	-1,054	-1,074	-1,061	-1,075	-1,093	-1,103	-1,126	-1,146	-1,165	0	0	0	-	-	-	-	-	-	-	-
Accrued interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other assets
63,235	84,093	54,207	21,677	10,855	12,262	3,082	5,796	2,413	-14,089	-14,400	-11,977	287	17,348	28,252	16,629	5,135	9,565	1,431	3,857	1,700	7,497	4,426	1,729	-6,581	-6,255	-8,689	-7,309	11,621	12,524	14,925	17,072	4,097	-1,031	1,392	-2,431	4,234	0	0	0
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accrued expenses and other liabilities
45,254	99,941	49,836	23,727	31,796	21,544	10,268	3,546	-5,378	-8,399	-9,224	4,512	-1,039	23,319	29,576	13,113	10,920	6,898	3,554	4,534	9,166	7,584	4,476	7,084	-2,804	-6,177	-5,992	-11,260	3,202	2,232	2,239	-528	1,869	-4,859	-5,594	329	-875	0	0	0
Net cash provided from operating activities
102,719	129,529	105,688	109,643	123,029	115,712	106,882	95,346	84,947	88,632	86,979	96,573	77,930	81,402	78,457	56,305	64,604	55,385	71,079	64,038	84,287	71,827	63,901	87,280	74,017	81,814	72,383	66,389	59,311	48,948	46,360	36,030	46,233	44,766	41,581	46,775	41,105	0	0	0
Cash flows from investing activities:
Proceeds from sales of investment securities available-for-sale
0	20,740	20,740	20,740	22,210	1,470	1,470	-10,045	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	124	0	0	0	-	-	-	-
Proceeds from maturities, calls, and principal repayments of investment securities available-for-sale
68,165	68,882	72,556	81,199	82,896	80,806	78,299	73,651	71,611	79,716	86,091	92,910	100,957	96,366	98,659	105,436	97,771	101,742	100,888	87,599	84,091	88,296	101,511	121,952	137,275	158,308	160,430	171,452	207,512	192,770	186,949	187,446	145,374	149,094	174,809	160,580	181,326	0	0	0
Purchases of investment securities available-for-sale
50,400	0	0	24,744	73,852	112,375	112,375	116,144	90,971	90,576	108,545	97,353	115,403	90,352	91,455	76,134	63,615	93,472	102,224	120,816	139,866	144,057	158,056	179,726	171,231	0	0	0	-	-	-	-	45,361	80,094	129,386	166,964	196,308	0	0	0
Proceeds from maturities, calls, and principal repayments of investment securities held to maturity
28,858	20,478	12,953	3,607	3,290	3,186	3,524	3,675	3,817	4,265	7,365	30,008	42,492	45,066	46,548	23,363	9,579	5,894	241	0	500	500	500	500	0	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Purchases of investment securities held-to-maturity
1,430	500	500	500	8,915	11,904	11,904	20,915	26,873	35,006	46,739	47,544	36,167	59,438	55,864	106,343	102,847	68,454	60,295	0	500	500	500	500	0	-500	-500	-500	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from redemption/sales of restricted equity securities
20,857	18,451	22,049	18,838	12,110	15,479	14,024	25,692	24,462	20,917	17,441	4,944	5,623	12,741	11,364	10,603	9,924	0	0	0	-	-	-	-	2,107	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Purchase of restricted equity securities
12,924	12,384	8,976	6,866	13,262	16,077	14,149	11,046	7,927	5,976	8,359	7,693	4,017	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of loans and leases held-for-investment, net
13,860	11,601	11,798	10,417	7,294	7,535	27,143	28,195	28,608	48,308	27,506	23,561	45,979	29,640	29,640	29,640	273,688	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in loans and leases
467,493	447,692	362,744	299,496	593,968	616,418	683,156	705,765	378,906	361,589	328,518	376,097	465,527	552,272	560,542	523,607	457,460	373,703	409,212	458,223	477,128	468,311	429,900	320,451	219,835	192,702	228,543	273,400	352,893	354,438	298,426	283,051	273,394	285,803	226,582	161,646	103,837	0	0	0
Acquisitions, net of cash and cash equivalents acquired
0	0	0	-467	24,659	24,659	24,659	25,126	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89,258	89,258	89,258	89,258	-5,792	0	0	0	-	-	-	-
Monies in escrowBancorp Rhode Island, Inc. acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-112,983	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sales of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,972	1,902	2,151	2,232	260	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Property, Plant, and Equipment
4,997	4,254	3,321	2,486	3,352	4,273	5,561	10,725	11,557	13,119	12,257	7,125	5,262	5,233	5,480	5,105	4,775	3,286	3,064	5,179	7,782	9,465	13,006	14,604	16,443	13,301	19,855	23,888	23,664	27,359	17,831	24,265	19,910	16,871	15,475	1,960	2,095	0	0	0
Proceeds from sales of OREO and other repossessed assets
6,482	4,290	4,871	1,896	2,186	2,890	3,629	4,202	3,762	3,756	2,832	2,396	3,530	3,955	5,084	6,052	7,152	9,195	9,662	11,085	12,317	12,875	13,157	14,758	11,857	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities
-399,022	-320,388	-230,574	-196,928	-588,022	-674,340	-723,715	-764,351	-383,974	-349,304	-363,183	-370,478	-427,795	-522,398	-522,534	-537,332	-231,820	-155,267	-200,545	-217,251	-529,156	-512,696	-477,174	-377,536	-254,805	-212,541	-340,330	-316,753	-296,821	-386,942	-213,512	-227,434	-300,358	-227,679	-190,876	-161,512	-118,351	0	0	0
Cash flows from financing activities:
Increase in demand checking, NOW, savings and money market accounts
143,551	142,466	-19,581	-116,393	1,006	-63,103	67,753	268,542	93,819	179,494	255,716	275,950	351,908	378,675	247,667	222,091	206,748	98,413	125,554	133,338	111,060	194,153	276,452	299,051	295,020	261,121	211,724	232,030	312,644	308,825	289,527	271,776	273,693	246,946	262,961	261,137	218,819	0	0	0
Increase (decrease) in certificates of deposit
232,911	353,517	443,870	546,481	580,878	490,459	420,781	269,914	166,448	61,308	-31,402	-17,429	-46,752	41,771	108,215	56,725	141,338	157,139	143,157	134,147	12,271	-42,745	-72,487	-78,586	-76,620	-91,279	-75,734	-63,776	-80,879	-52,847	-60,479	-63,954	-44,734	-40,042	-18,590	-9,844	-41,607	0	0	0
Proceeds from FHLBB advances
4,029,662	4,325,937	4,762,545	4,978,355	6,607,745	7,457,203	6,864,407	6,642,096	4,685,706	3,926,073	4,720,572	4,955,274	5,905,511	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62,000	13,000	0	0	0
Proceeds from FHLBB advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-796,077	-702,226	-240,576	-13,000	0	0	0	-	-	-	-
Repayment of FHLBB advances
4,055,568	4,430,902	4,962,077	5,230,870	6,713,279	7,370,336	6,803,344	6,589,050	4,705,543	3,952,791	4,692,909	4,928,774	5,854,019	5,776,860	5,743,329	4,572,553	4,157,392	3,616,680	2,582,577	3,254,562	1,976,848	2,050,033	1,979,103	2,128,977	2,381,917	2,855,509	3,226,536	2,982,014	2,992,101	3,134,753	3,250,611	3,718,874	3,865,689	3,045,779	2,305,494	1,220,798	369,579	0	0	0
Repayment of subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in other borrowed funds, net
7,955	8,325	19,213	18,930	5,095	9,961	-16,947	-10,052	-2,568	-8,552	12,694	4,259	11,980	10,205	9,387	3,750	-1,388	5,543	5,187	8,709	4,996	-12,028	-24,854	-24,749	-16,394	-10,083	2,504	4,164	25,023	12,646	13,995	24,062	4,018	0	0	0	-	-	-	-
(Decrease) increase in mortgagors' escrow accounts, net
-194	-1,155	-1,299	-878	-260	76	408	363	41	-15	295	127	129	170	-75	-509	-985	-761	-865	-282	612	749	894	873	943	942	523	667	433	0	0	0	-	-	-	-	-95	0	0	0
Income tax benefit from vesting of recognition and retention plan shares and dividend distributions on allocated ESOP plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Expense of stock options granted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Increase in other financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-1	-	-	-	81,943	81,943	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued for acquisition
0	1	1	1	55,182	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends on common stock
35,110	34,388	33,645	32,901	31,441	29,888	28,745	27,601	27,035	26,485	25,931	25,380	25,366	25,353	25,339	25,329	24,967	24,606	24,248	23,886	23,876	23,863	23,854	23,845	23,841	23,836	23,827	23,793	23,777	22,811	21,838	20,902	19,964	19,952	19,946	19,924	19,935	0	0	0
Redemption of noncontrolling interest in subsidiary
35,851	35,851	35,851	35,851	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of noncontrolling units
0	0	1	1	130	130	129	129	118	118	118	118	76	76	76	141	65	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends to owners of noncontrolling interest in subsidiary
930	930	1,333	2,115	1,893	1,893	1,958	1,864	1,671	1,671	1,605	1,719	1,734	1,734	1,697	1,225	1,437	1,436	1,326	1,551	1,614	1,616	1,628	1,072	1,195	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided from financing activities
284,509	315,513	162,204	115,168	493,572	549,141	558,716	690,718	292,375	259,488	319,857	262,726	342,033	458,499	422,143	357,828	179,982	58,788	141,609	277,398	415,087	433,592	393,211	271,096	156,196	149,870	150,654	209,194	248,311	308,385	266,967	228,264	294,513	220,575	178,354	140,338	76,633	0	0	0
Net (decrease) increase in cash and cash equivalents
-11,794	124,654	37,318	27,883	28,579	-9,487	-58,117	21,713	-6,652	-1,184	43,653	-11,179	-7,832	17,503	-21,934	-123,199	12,766	-41,094	12,143	124,185	-29,782	-7,277	-20,062	-19,160	-24,592	19,143	-117,293	-41,170	10,801	-29,609	99,815	36,860	40,388	37,662	29,059	25,601	-613	0	0	0
Supplemental disclosure of cash flow information:
Cash paid during the year for:
Interest on deposits, borrowed funds and subordinated debt
94,533	91,096	84,561	75,532	65,182	55,507	47,482	42,876	40,785	40,026	39,670	38,962	38,620	38,000	36,887	35,973	35,522	35,552	33,499	33,552	31,303	31,236	31,857	32,911	34,303	35,009	37,455	39,043	40,682	39,448	36,304	34,737	32,029	32,225	32,955	33,404	35,014	0	0	0
Income taxes
27,345	27,301	25,796	28,975	21,129	22,983	22,867	30,093	34,026	32,962	34,306	26,345	29,770	27,957	27,023	31,764	26,694	29,204	29,730	23,824	21,207	17,836	16,326	17,122	19,137	18,505	22,596	19,413	20,570	22,120	19,002	22,366	20,607	20,097	20,760	20,268	20,333	0	0	0
Non-cash investing activities:
Transfer from loans and leases to loan and leases held-for-sale
-	-	-	-	-	-	-	-	7,500	1,716	0	0	2,500	8,284	10,000	10,000	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from loans to other real estate owned
6,105	3,912	3,816	2,931	3,020	2,829	3,521	6,409	7,161	7,492	7,235	4,231	3,692	3,895	3,665	4,925	7,370	8,425	11,190	12,153	12,587	14,266	13,180	14,426	12,205	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of assets acquired, net of cash and cash equivalents acquired
-	-	-	0	-	-	-	292,025	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Fair value of liabilities assumed
-	-	-	0	-	-	-	278,988	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-