Brookline Bancorp, Inc. announced unaudited consolidated earnings for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net interest income of $43,774,000 against $44,564,000 for the same period a year ago. Income before income taxes was $12,474,000 against $19,098,000 for the same period a year ago. Net income attributable to the company was $7,654,000 or $0.11 basic and diluted earnings per share against $11,863,000 or $0.17 basic and diluted earnings per share for the same period a year ago. Return on average assets was 0.58% against 0.93% for the same period a year ago. Return on average stockholders' equity was 4.95% against 7.76% for the same period a year ago. Book value per share as on December 31, 2013 was $8.79 compared to $8.78 as at December 31, 2012. Tangible book value per share as on December 31, 2013 (non-GAAP) was $6.57 compared to $6.49 as at December 31, 2012.

For the year, the company reported net interest income of $176,218,000 against $177,368,000 for the same period a year ago. Income before income taxes was $56,654,000 against $59,710,000 for the same period a year ago. Net income attributable to the company was $35,386,000 or $0.51 basic and diluted earnings per share against $37,142,000 or $0.53 basic and diluted earnings per share for the same period a year ago. Return on average assets was 0.68% against 0.74% for the same period a year ago. Return on average stockholders' equity was 5.74% against 6.12% for the same period a year ago. Book value per share as on December 31, 2013 was $8.79 compared to $8.78 as at December 31, 2012. Tangible book value per share as on December 31, 2013 (non-GAAP) was $9.55 compared to $8.50 as at December 31, 2012.

The company reported total net charge-offs of $1,676,000 for the fourth quarter ended December 31, 2013 against $826,000 for the same period ended December 31, 2012.