Financial Data and Key Metrics Changes - The company reported net income of $25.2 million or $0.33 per share for Q2 2022, an increase of $0.5 million from Q1 [5][8] - Revenues increased by $3.5 million or 5% compared to the previous quarter, driven by growth in interest-earning assets and an increase in the core margin [8][9] - The net interest margin for Q2 was 3.56%, up seven basis points from Q1 [6] Business Line Data and Key Metrics Changes - Total loans increased by $69 million, with core loan growth of $82 million, while PPP loans declined by $13 million [10] - The company originated $527 million in loans at a weighted average coupon of 498 basis points, up 99 basis points from the prior quarter [11] - Prepayment fees decreased to $1 million in Q2, down $490,000 from Q1 [11] Market Data and Key Metrics Changes - Deposits declined by $200 million due to tax payments, large real estate purchases, and transfers to personal investment accounts [12] - The company noted significant increases in short-term interest rates, with the Federal Reserve raising the Fed funds rate by 125 basis points in May and June [12][13] - The company expects a 3.1% increase in net interest income over the next 12 months, assuming a flat balance sheet [13] Company Strategy and Development Direction - The company is focused on closing the transaction with PCSB Bank in Q4 2022, which is expected to enhance its market position [6][14] - Management emphasized the importance of commercial banking and the need to attract and retain talent in a competitive environment [20][21] - The company is monitoring its office portfolio closely, which is over $0.5 billion, but remains confident in its diversity and coverage ratios [46][47] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about loan originations continuing to be strong, despite challenges from competitors acquiring their customers [27][28] - The company is experiencing a seasonal reduction in deposits but expects underlying activity to remain strong [33] - Management indicated that they are on track for the PCSB merger and are comfortable with the current interest rate marks [40][41] Other Important Information - The company repurchased over 956,000 shares during the quarter before pausing the program [14] - A quarterly dividend of $0.13 per share was approved, representing a 40% payout and a 3.7% yield [14] Q&A Session Summary Question: What are the deposit pricing trends and expectations for the second half of the year? - Management noted limited activity in deposit pricing, with expectations for betas to accelerate in Q3 [16][17] Question: What is the outlook for expense growth? - Management anticipates expenses to rise by approximately $500,000 in the next quarter due to competition for talent and merit increases [20] Question: What is the status of the PCSB merger? - Management confirmed that everything is on target for a Q4 close, with no changes to the timeline [37][40] Question: How is the company managing its office portfolio? - Management stated that the office portfolio is diverse and strong, with loan-to-value ratios generally at 50% or less [46][48]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from N/A to . Commission file number 0-23695 BROOKLINE BANCORP INC. (Exact name of registrant as specified in its charter) Delaware 04-3402944 (State or other jurisd ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller Reporting Company ☐ Emerging growth company ☐ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, for the Fiscal Year Ended December 31, 2021, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, for the transition period from N/A to . Commission File Number: 0-23695 BROOKLIN ...

Brookline Bancorp Inc. (NASDAQ:BRKL) Q4 2021 Earnings Conference Call January 27, 2022 1:30 PM ET Company Participants Paul A. Perrault – Chairman & CEO Carl M. Carlson – Co-President & CFO Marissa Martin – General Counsel Conference Call Participants Mark Fitzgibbon – Piper Sandler Laurie Hunsicker – Compass Point Chris O'Connell – KBW Operator Welcome to today's Brookline Bancorp, Inc. Q4 2021 Earnings Call. My name is Jordan and I'll be coordinating your call today. [Operator Instructions] I'm now going ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from N/A to . Commission file number 0-23695 BROOKLINE BANCORP INC. (Exact name of registrant as specified in its charter) Delaware 04-3402944 (State or other ju ...

Brookline Bancorp Inc. (NASDAQ:BRKL) Q3 2021 Earnings Conference Call October 29, 2021 1:30 PM ET Company Participants Marissa Martin - General Counsel Paul Perrault - Chairman & CEO Carl Carlson - Co-President & CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Compass Point Operator Hello, and welcome to the Brookline Bancorp Third Quarter 2021 Earnings Call. My name is Emma, and I'll be your operator today. [Operator Instructions] This call is being recorded. [Operator I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from N/A to . Commission file number 0-23695 BROOKLINE BANCORP INC. (Exact name of registrant as specified in its charter) Delaware 04-3402944 (State or other jurisdi ...

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q2 2021 Earnings Conference Call July 29, 2021 1:30 PM ET Company Participants Marissa Martin – General Counsel Paul A. Perrault – Chairman and Chief Executive Officer Carl M. Carlson – Co-President and Chief Financial Officer Robert Rose – Chief Credit Officer Conference Call Participants Mark Fitzgibbon – Piper Sandler Laurie Hunsicker – Compass Point Operator Good day, and welcome to the Brookline Bancorp Second Quarter 2021 Earnings Conference Call. All participants ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from N/A to . Commission file number 0-23695 BROOKLINE BANCORP INC. (Exact name of registrant as specified in its charter) Delaware 04-3402944 (State or other jurisdic ...

Brookline Bancorp, Inc. (NASDAQ:BRKL) Q1 2021 Earnings Conference Call April 29, 2021 1:30 PM ET Company Participants Marissa Martin - Associate General Counsel Paul Perrault - President & Chief Executive Officer Carl Carlson - Chief Financial Officer Robert Rose - Chief Credit Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler Laurie Hunsicker - Compass Point Christopher Keith - D.A. Davidson Operator Good day and welcome to the Brookline Bancorp First Quarter 2021 Earnings Call. All part ...