Brookline bancorp, inc (BRKL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Interest and dividend income:
Loans and leases

330,345

295,269

247,022

224,721

212,604

206,781

197,098

203,711

133,938

123,247

129,044

125,993

Debt securities

12,281

13,960

12,524

11,710

11,416

9,527

7,963

8,551

6,297

7,601

10,590

13,689

Restricted equity securities

-

-

-

-

-

-

-

-

-

-

-

1,229

Marketable and restricted equity securities

3,477

3,964

3,062

2,975

2,762

2,072

1,212

730

195

44

94

194

Short-term investments

1,523

700

442

242

128

102

111

208

105

100

328

2,556

Interest and Dividend Income, Operating

347,626

313,893

263,050

239,648

226,910

218,482

206,384

213,200

140,535

130,992

140,056

143,661

Interest expense:
Interest Expense, Deposits, Excluding Brokered Deposits

69,615

41,978

23,288

20,070

17,480

17,060

18,773

21,432

19,757

21,420

30,592

39,445

Brokered deposits

-

-

-

-

-

-

-

-

-

-

425

2,208

Borrowed funds

24,711

24,216

16,581

15,914

15,065

12,354

11,393

14,400

10,579

13,147

22,739

27,277

Subordinated debt

-

-

-

-

-

-

-

-

-

-

-

65

Interest Expense

94,326

66,194

39,869

35,984

32,545

29,414

30,166

35,832

30,336

34,567

53,756

68,995

Net interest income

253,300

247,699

223,181

203,664

194,365

189,068

176,218

177,368

110,199

96,425

86,300

74,666

Provision for Loan, Lease, and Other Losses

9,583

4,951

18,988

10,353

7,451

8,477

10,929

15,888

3,631

3,796

9,780

11,289

Net interest income after provision for credit losses

243,717

242,748

204,193

193,311

186,914

180,591

165,289

161,480

106,568

92,629

76,520

63,377

Non-interest income:
Gain on sale/disposals of premises and equipment, net

-

-

-

-

-

1,502

0

0

-

-

-

-

Loan level derivative income, net

8,262

5,440

2,187

3,962

3,397

946

0

-694

-671

-

-

-

Fees, charges and other income

-

-

-

-

-

-

-

-

5,653

3,038

2,810

4,097

Penalty from prepayment of borrowed funds

-

-

-

-

-

-

-

-

-

1,468

2,292

-

Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss

508

227

11,393

0

0

65

397

926

80

834

1,985

-

Gain on sales of loans and leases held-for-sale

1,709

1,883

2,644

3,256

2,208

1,651

794

5

-

-

-

-

Gain on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-214

Loss on impairment of securities

-

-

-

-

-

-

-

-

-

49

818

-2,635

Gain on sales of loans and leases

-

-

-

-

-

-

-

1,898

0

-

-

-

Other

6,594

5,847

4,789

4,683

4,124

6,314

4,841

6,577

-

-

-

-

Non-credit loss on impairment of securities

-

-

-

-

-

-

-

-

-

-

74

-

Total non-interest income

29,793

25,224

32,173

22,667

20,184

20,180

15,619

18,572

5,062

2,355

1,759

1,248

Non-interest expense:
Compensation and employee benefits

96,554

91,535

82,413

77,836

71,272

71,801

65,261

58,830

30,789

22,935

20,557

21,004

Occupancy

15,696

14,991

14,546

13,882

13,926

14,294

12,616

10,611

6,138

4,588

4,077

3,760

Equipment and data processing

18,652

18,213

16,854

15,496

14,837

17,020

16,899

14,540

9,144

7,518

7,258

6,892

Professional services

4,366

4,404

4,315

3,852

4,192

5,357

5,673

12,475

5,375

3,718

2,494

2,552

FDIC insurance

1,445

2,722

3,326

3,332

3,510

3,362

3,102

4,212

1,746

1,674

2,853

456

Advertising and marketing

4,044

4,016

3,369

3,381

3,352

3,058

3,003

2,984

1,376

1,224

997

1,251

Amortization of Intangible Assets

1,663

2,080

2,089

2,500

2,911

3,343

4,623

5,622

1,570

1,224

1,488

1,751

Merger and acquisition expense

1,125

3,787

411

0

0

-

-

-

-

-

-

-

Write-down of other real estate owned

-

-

-

-

-

-

-

-

-

-

50

-

Other Noninterest Expense

13,936

13,484

11,788

10,083

11,377

10,925

11,265

11,068

6,787

5,306

5,357

5,249

Total non-interest expense

157,481

155,232

139,111

130,362

125,377

129,160

122,442

120,342

62,925

48,187

45,131

42,915

Income before provision for income taxes

116,029

112,740

97,255

85,616

81,721

71,611

58,466

59,710

48,705

46,797

33,148

21,710

Provision for income taxes

28,269

26,189

43,636

30,392

29,353

26,286

20,664

21,341

19,886

19,156

13,413

8,489

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

87,760

86,551

53,619

55,224

52,368

45,325

37,802

38,369

28,819

27,641

19,735

13,221

Net Income (Loss) Attributable to Noncontrolling Interest

43

3,489

3,101

2,862

2,586

2,037

1,787

1,227

1,219

769

535

371

Net Income (Loss) Attributable to Parent

87,717

83,062

50,518

52,362

49,782

43,288

36,015

37,142

27,600

26,872

19,200

12,850

Earnings Per Share [Abstract]
Earnings Per Share, Basic

1.10

1.04

0.68

0.74

0.71

0.62

0.52

0.53

0.47

0.46

0.33

0.22

Earnings Per Share, Diluted

1.10

1.04

0.68

0.74

0.71

0.62

0.52

0.53

0.47

0.46

0.33

0.22

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic

79,679

79,669

74,459

70,261

70,098

69,945

69,808

69,702

58,633

58,578

58,370

57,607

Weighted Average Number of Shares Outstanding, Diluted

79,856

79,909

74,811

70,444

70,235

70,054

69,883

69,746

58,636

58,583

58,407

57,851

Dividends declared per common share (in dollars per share)

0.45

0.39

0.36

0.36

0.35

0.34

0.34

0.34

0.34

0.34

-

-

Deposit fees
Non-interest income, fees

10,623

10,400

10,050

9,467

9,269

8,692

8,172

8,224

-

-

-

-

Loan fees
Non-interest income, fees

2,097

1,427

1,110

1,299

1,186

1,010

1,415

1,636

-

-

-

-