Brookline Bancorp(BRKL) - 2023 Q4 - Earnings Call Presentation

Financial Performance - Net income for Q4 2023 was $22.9 million, with an EPS of $0.26[13] - Pretax, pre-provision income was $32.4 million[6] - Net interest margin declined by 3 bps to 3.15%[14] - Noninterest income was $8 million, $2.5 million higher than Q3[18] - Net charge-offs were $7.1 million, representing 0.30% annualized[7] - Return on Assets was 0.81%[17] - Return on Tangible Equity was 10.12%[17] Balance Sheet - Loans grew by $261 million linked quarter[35, 48] - Total loans outstanding reached $9.642 billion[24, 81] - Deposits declined by $18 million linked quarter[26, 48] - Customer deposits decreased by $5 million, and brokered deposits were down by $13 million[5] - Borrowings increased by $242 million[36, 50] - Cash and securities increased by $8 million[13] - Total assets increased by $201 million[24, 48] - The allowance for loan losses declined by $1 million[25] Capitalization - Total Risk Based Capital was 12.4%[16, 31] - Tangible Common Equity (TCE) was 8.4%[16] - Tier 1 Common / RWA was 10.3%[31] Loan Portfolio Composition - CRE loans comprised the largest portion of the loan portfolio at $5.765 billion[52] - Total loans reached $9.642 billion[52]