Net charge-offs were $267,000, or 0.04 percent of average loans, for the fourth quarter 2011. Net charge-offs for the fourth quarter 2010 were $2.0 million, or 0.36 percent of average loans, and were $610,000, or 0.09 percent of average loans, in the third quarter 2011. On a year-to-date basis, net charge-offs were $1.9 million, or 0.08 percent of average loans, a decrease of $3.2 million over the same period in 2010.The provision for loan losses was $842,000 for the fourth quarter 2011, compared to $1.3 million in the fourth quarter 2010 and $891,000 in the third quarter 2011. On a year-to-date basis, the provision was $3.6 million, a decrease of $165,000 from the same period in 2010.
Brookline Bancorp Announces Strong 2011 Results
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.