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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 32,196 $ 28,753
Short-term investments 32,351 46,736
Total cash and cash equivalents 64,547 75,489
Investment securities available-for-sale 524,295 513,201
Investment securities held-to-maturity (fair value of $78,079 and $93,695) 77,094 93,757
Total investment securities 601,389 606,958
Loans and leases held-for-sale 21,109 13,383
Total loans and leases 5,332,300 4,995,540
Allowance for loan and lease losses (58,892) (56,739)
Net loans and leases 5,273,408 4,938,801
Restricted equity securities 65,683 66,117
Premises and equipment, net of accumulated depreciation of $57,032 and $51,722, respectively 75,462 78,156
Deferred tax asset 22,894 26,817
Goodwill 137,890 137,890
Identified intangible assets, net of accumulated amortization of $31,028 and $29,149, respectively 8,754 10,633
Other real estate owned (OREO) and repossessed assets, net 1,152 1,343
Other assets 108,024 86,751
Total assets 6,380,312 6,042,338
Non-interest-bearing deposits:    
Demand checking accounts 889,278 799,117
Interest-bearing deposits:    
NOW accounts 298,629 283,972
Savings accounts 591,156 540,788
Money market accounts 1,679,797 1,594,269
Certificate of deposit accounts 1,106,046 1,087,872
Total interest-bearing deposits 3,675,628 3,506,901
Total deposits 4,564,906 4,306,018
Borrowed funds:    
Advances from the Federal Home Loan Bank of Boston (FHLBB) 900,971 861,866
Subordinated debentures and notes 83,043 82,936
Other borrowed funds 38,639 38,227
Total borrowed funds 1,022,653 983,029
Mortgagors’ escrow accounts 8,166 7,516
Accrued expenses and other liabilities 81,670 72,289
Total liabilities 5,677,395 5,368,852
Commitments and contingencies
Brookline Bancorp, Inc. stockholders’ equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; 75,744,445 shares issued 757 757
Additional paid-in capital 616,142 616,899
Retained earnings, partially restricted 129,740 109,675
Accumulated other comprehensive income/(loss) 4,896 (2,476)
Treasury stock, at cost; 4,734,512 shares and 4,861,554 shares, respectively (54,151) (56,208)
Unallocated common stock held by the Employee Stock Ownership Plan (ESOP); 185,787 shares and 213,066 shares, respectively (1,013) (1,162)
Total Brookline Bancorp, Inc. stockholders’ equity 696,371 667,485
Noncontrolling interest in subsidiary 6,546 6,001
Total stockholders' equity 702,917 673,486
Total liabilities and stockholders' equity 6,380,312 6,042,338
Commercial real estate loans    
ASSETS    
Total loans and leases 2,883,428 2,664,394
Allowance for loan and lease losses (28,056) (30,151)
Commercial loans and leases    
ASSETS    
Total loans and leases 1,470,866 1,374,296
Allowance for loan and lease losses (26,464) (22,018)
Indirect automobile loans    
ASSETS    
Total loans and leases 7,607 13,678
Allowance for loan and lease losses (150) (269)
Consumer loans    
ASSETS    
Total loans and leases 970,399 943,172
Allowance for loan and lease losses $ (4,222) $ (4,301)