Brookline Bancorp, Inc. announced unaudited consolidated earnings for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net interest income of $47,576,000 against $43,774,000 for the same period a year ago. Income before income taxes was $17,464,000 against $12,474,000 for the same period a year ago. Net income attributable to the company was $10,786,000 or $0.15 basic and diluted earnings per share against $7,654,000 or $0.11 basic and diluted earnings per share for the same period a year ago. The return on average assets decreased during the fourth quarter of 2014 to 0.75% at December 31, 2014 from 0.82% for the third quarter of 2014. Return on average stockholders' equity was 6.74% against 4.95% for the same period a year ago. Book value per share as on December 31, 2014 was $9.15 compared to $8.79 as at December 31, 2013. Tangible book value per share as on December 31, 2013 (non-GAAP) was $6.99 compared to $6.57 as at December 31, 2013. Return on average tangible assets (annualized) was $8.85 compared to $6.61 for the same period a year ago. Total interest and dividend income was $55,826,000 compared to $51,049,000 for the same period a year ago.

For the year, the company reported net interest income of $189,068,000 against $176,218,000 for the same period a year ago. Income before income taxes was $69,551,000 against $56,654,000 for the same period a year ago. Net income attributable to the company was $42,765,000 or $0.61 basic and diluted earnings per share against $35,386,000 or $0.51 basic and diluted earnings per share for the same period a year ago. Total interest and dividend income was $218,482,000 compared to $206,384,000 for the same period a year ago.

The company reported total net charge-offs of $874,000 for the fourth quarter ended December 31, 2014 against $1,676,000 for the same period ended December 31, 2013.