Brookline Bancorp Q4 net income up

Brookline Bancorp, Inc. has reported a net income attributable to the company of $11.86 million, or $0.17 per share, for the fourth quarter ended December 31, 2012, compared to $7.06 million, or $0.12 per share, for the same quarter ended December 31, 2011.

Net interest income after provision for credit losses for the fourth quarter ended December 31, 2012 was $41.46 million, compared to $27.67 million for the same quarter ended December 31, 2011.

Net income attributable to the company for the year ended December 31, 2012 was $37.14 million, or $0.53 per share, compared to $27.6 million, or $0.47 per share, for the same period ended December 31, 2011.

Net interest income after provision for credit losses for the year ended December 31, 2012 was $161.48 million, compared to $106.57 million for the same period ended December 31, 2011.

Paul Perrault, President and CEO of Brookline Bancorp, Inc., stated: "Our strong fourth quarter and 2012 results reflect the significant progress we have made in carrying out our primary business objectives. We continue to generate strong loan growth while maintaining our traditionally strong asset quality. At the same time, we are also continuing to enhance our infrastructure to support this growth."