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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income attributable to Brookline Bancorp, Inc. $ 39,083 $ 36,456
Adjustments to reconcile net income to net cash provided from operating activities:    
Net income attributable to noncontrolling interest in subsidiary 2,203 1,857 [1]
Provision for credit losses 7,138 5,931
Origination of loans and leases held-for-sale (35,568) (33,366)
Proceeds from loans and leases held-for-sale, net 37,516 24,984
Deferred income tax (benefit) expense (191) 275
Depreciation of premises and equipment 5,320 5,313
Amortization of investment securities premiums and discounts, net 1,787 1,381
Amortization of deferred loan and lease origination costs, net 4,438 3,808
Amortization of identified intangible assets 1,879 2,187
Amortization of debt issuance costs 56 56
Accretion of acquisition fair value adjustments, net (3,105) (4,829)
Gain on sales of loans and leases (1,986) (1,594)
Gain on sales of OREO and repossessed assets, net 84 66
Write-down of OREO and repossessed assets 51 143
Compensation under recognition and retention plans 1,250 673
ESOP shares committed to be released 415 246
Net change in:    
Cash surrender value of bank-owned life insurance (782) (779)
Other assets (20,493) (8,280)
Accrued expenses and other liabilities 8,661 (3,738)
Net cash provided from operating activities 47,756 30,790
Cash flows from investing activities:    
Proceeds from maturities, calls and principal repayments of investment securities available-for-sale 76,207 77,612
Purchases of investment securities available-for-sale (77,275) (50,538)
Proceeds from maturities, calls, and principal repayments of investment securities held-to-maturity 41,381 5,894
Purchases of investment securities held-to-maturity (25,045) (68,454)
Proceeds from redemption of restricted equity securities 2,817 0
Purchases of restricted equity securities (2,383) (749)
Proceeds from sales of loans and leases held-for-investment, net 23,116 267,164
Net increase in loans and leases (377,638) (282,826)
Proceeds from sales of OREO and repossessed assets 2,479 5,844
Purchase of premises and equipment, net (2,747) (2,289)
Net cash used for investing activities (339,088) (48,342)
Cash flows from financing activities:    
Increase in demand checking, NOW, savings and money market accounts 240,714 68,787
Increase in certificates of deposit 18,247 117,814
Proceeds from FHLBB advances 5,137,549 3,324,000
Repayment of FHLBB advances (5,096,506) (3,477,038)
Increase (decrease) in other borrowed funds, net 412 (11,181)
Increase (decrease) in mortgagors’ escrow accounts, net 650 (505)
Payment of dividends on common stock (19,018) (18,632)
Proceeds from issuance of noncontrolling units 76 65
Payment of dividends to owners of noncontrolling interest in subsidiary (1,734) (1,437)
Net cash provided from financing activities 280,390 1,873
Net decrease in cash and cash equivalents (10,942) (15,679)
Cash and cash equivalents at beginning of period 75,489 62,723
Cash and cash equivalents at end of period 64,547 47,044
Cash paid during the period for:    
Interest on deposits, borrowed funds and subordinated debt 30,005 27,527
Income taxes 22,949 21,686
Non-cash investing activities:    
Transfer from loans and leases to loans and leases held-for-sale 8,284 0
Transfer from loans to other real estate owned $ 2,423 $ 5,898
[1] Previously reported amounts prior to January 1, 2015 have been restated to reflect a retrospective change in accounting principle for investments in qualified affordable housing projects, in accordance with ASU 2014-01. Refer to Note 8, "Investments in Qualified Affordable Projects".