0001157523-12-002038.txt : 20120425 0001157523-12-002038.hdr.sgml : 20120425 20120425101002 ACCESSION NUMBER: 0001157523-12-002038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120425 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120425 DATE AS OF CHANGE: 20120425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROOKLINE BANCORP INC CENTRAL INDEX KEY: 0001049782 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23695 FILM NUMBER: 12778275 BUSINESS ADDRESS: STREET 1: 160 WASHINGTON STREET CITY: BROOKLINE STATE: MA ZIP: 02147 BUSINESS PHONE: 6177303500 MAIL ADDRESS: STREET 1: 160 WASHINGTON ST CITY: BROOKLINE STATE: MA ZIP: 02147 8-K 1 a50252360.htm BROOKLINE BANCORP, INC. 8-K


SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  April 25, 2012

______________________________

BROOKLINE BANCORP, INC.
(Exact name of registrant as specified in its charter)

Delaware

 

0-23695

 

04-3402944

(State or other jurisdiction

of incorporation)

(Commission File No.)

(I.R.S. Employer

Identification No.)


160 Washington Street, Brookline, Massachusetts

 

02447-0469

(Address of principal executive offices)

(Zip Code)


 

(617) 730-3500

(Registrant’s telephone number, including area code)


Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 2.02         Results of Operations and Financial Condition.

On April 25, 2012, Brookline Bancorp, Inc. (the “Company”) announced a correction to its press release issued on Wednesday, April 18, 2012 entitled “Brookline Bancorp Announces 2012 First Quarter Results.”  A copy of the press release is attached as Exhibit 99.1.


Item 9.01         Financial Statements and Exhibits

99.1      Press release issued April 25, 2012.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date:

April 25, 2012

BROOKLINE BANCORP, INC.

 

 

 

 

By:

/s/ Julie A. Gerschick

Julie A. Gerschick

Chief Financial Officer


EXHIBIT INDEX

The following exhibits are furnished as part of this report:

 

Exhibit No.

Description

 

99.1

Press Release of Brookline Bancorp, Inc. dated April 25, 2012

EX-99.1 2 a50252360ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Brookline Bancorp, Inc. Issues Correction to Press Release Announcing Its 2012 First Quarter Results

BROOKLINE, Mass.--(BUSINESS WIRE)--April 25, 2012--Brookline Bancorp, Inc. (NASDAQ: BRKL) (the “Company”) announced today a correction to its press release issued on Wednesday, April 18, 2012 entitled “Brookline Bancorp Announces 2012 First Quarter Results.” In the press release, the Company reported that its net interest margin for the first quarter 2012 was 4.08 percent and that its net interest spread was 3.88 percent. As part of its ongoing analysis of the purchase accounting associated with the Bancorp Rhode island acquisition, the Company notes that while the underlying interest income and interest expense was accurately presented, the Company’s net interest margin should have been reported as 3.87 percent and the net interest spread should have been reported as 3.68 percent. Total assets of $4.9 billion, and operating earnings and net income of $10.3 million and $7.2 million, respectively, remain unchanged.

About Brookline Bancorp, Inc.

Brookline Bancorp, Inc., a bank holding company with approximately $4.9 billion in assets and 43 branches throughout Massachusetts and Rhode Island, is headquartered in Brookline, Massachusetts and operates as the holding company for Brookline Bank, Bank Rhode Island, and The First National Bank of Ipswich. The Company provides commercial and retail banking services, and cash management and investment services to customers throughout Central New England. More information about Brookline Bancorp, Inc. and its banks can be found at the following websites: www.brooklinebank.com, www.bankri.com, and www.fnbi.com.

Forward-Looking Statements

Certain statements contained in this press release that are not historical facts may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties. The Company’s actual results could differ materially from those projected in the forward-looking statements as a result of, among others, the risks outlined in the Company’s Annual Report on Form 10-K, as updated by its Quarterly Reports on Form 10-Q and other filings submitted to the Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.

CONTACT:
Brookline Bancorp, Inc.
Julie A. Gerschick, 617-278-6406
Chief Financial Officer and Treasurer
jgerschick@brkl.com