Brookline Bancorp, Inc. Announces Net Charge-Offs for the Fourth Quarter Ended December 31, 2019
January 30, 2020 at 02:38 am IST
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Brookline Bancorp, Inc. announced net charge-offs for the fourth quarter ended December 31, 2019. For the quarter, the company reported Total net charge-offs for the fourth quarter of 2019 were $1.6 million compared to $1.252 million a year ago.
Brookline Bancorp, Inc. is a bank holding company for Brookline Bank, Bank Rhode Island (BankRI), PCSB Bank (the Banks). The Bank offers a range of commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, and consumer and residential loans and investment services, designed to meet the financial needs of small-to mid-sized businesses and individuals throughout Central New England and the Lower Hudson Valley in New York. Its specialty lending activities, including equipment financing, are focused on the New York and New Jersey metropolitan area, with services offered throughout the United States. The Bank, through its subsidiary Eastern Funding LLC, conducts equipment financing activities in the greater New York and New Jersey metropolitan area and elsewhere in the United States. The Bank operates 29 full-service banking offices and two lending offices in the greater Boston metropolitan area.
BROOKLINE BANCORP, INC. 
