v3.25.2
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 87,386 $ 64,673
Short-term investments 419,362 478,997
Total cash and cash equivalents 506,748 543,670
Investment securities available-for-sale 866,684 895,034
Total investment securities 866,684 895,034
Allowance for investment security credit losses (97) (82)
Net investment securities 866,587 894,952
Total loans and leases 9,582,374 9,779,288
Allowance for loan and lease losses (126,725) (125,083)
Net loans and leases 9,455,649 9,654,205
Restricted equity securities 66,481 83,155
Premises and equipment, net of accumulated depreciation of $107,167 and $103,466, respectively 83,963 86,781
Right-of-use asset operating leases 42,415 43,527
Deferred tax asset 52,325 56,620
Goodwill 241,222 241,222
Identified intangible assets, net of accumulated amortization of $17,265 and $16,526, respectively 14,600 17,461
OREO and repossessed assets, net 1,288 1,103
Other assets 237,467 282,630
Total assets 11,568,745 11,905,326
Deposits:    
Demand checking accounts 1,726,933 1,692,394
Interest-bearing deposits 7,234,269 7,209,250
Total deposits 8,961,202 8,901,644
Borrowed funds:    
Advances from the FHLB 934,669 1,355,926
Subordinated debentures and notes 84,397 84,328
Other borrowed funds 135,985 79,592
Total borrowed funds 1,155,051 1,519,846
Operating lease liabilities 43,528 44,785
Mortgagors' escrow accounts 15,289 15,875
Reserve for unfunded credits 4,586 5,981
Accrued expenses and other liabilities 134,918 195,256
Total liabilities 10,314,574 10,683,387
Commitments and contingencies (Note 12)
Brookline Bancorp, Inc. stockholders' equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; 96,998,075 shares issued and 96,998,075 shares issued, respectively 970 970
Additional paid-in capital 904,697 902,584
Retained earnings 475,781 458,943
Accumulated other comprehensive (loss) income (39,378) (52,882)
Treasury stock, at cost; 7,039,136 shares and 7,019,384 shares, respectively (87,899) (87,676)
Total stockholders' equity 1,254,171 1,221,939
Total liabilities and stockholders' equity 11,568,745 11,905,326
Commercial real estate loans    
ASSETS    
Total loans and leases 5,485,546 5,716,114
Commercial loans and leases    
ASSETS    
Total loans and leases 2,520,347 2,506,664
Consumer loans    
ASSETS    
Total loans and leases $ 1,576,481 $ 1,556,510