Brookline Bank

2 Harvard Street
Brookline, MA 02445

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17798
Date Established 1871
Assets $4.04 billion
Loans $3.52 billion
Deposits $2.89 billion
Capital $0.41 billion

Brookline Bank is an FDIC insured institution located in Brookline, MA. It was founded in 1871 and has approximately $4.04 billion in assets. Customers can open an account at one of its 25 branches.

For a more detailed analysis of Brookline Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Brookline Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Massachusetts, Brookline Bank has a significantly higher percent of Commercial Real Estate, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 16.87
Multifamily
Mortgages
15.18
Credit Card Loans 0.00
Consumer Auto Loans 0.11
Small Business Loans 3.67
Construction and Development Loans 2.87
Commercial Real Estate 35.61
Commercial and Industrial Loans 28.62
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.05% $2,500 - Learn MoreShow Less
6 Mo CD 10K
0.10% $2,500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.30% $1,000 - Learn MoreShow Less
Special: 13 Mo FIRA
1.50% $5,000 - Learn MoreShow Less
Special: 18 Mo FIRA
1.70% $5,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.03% $100 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $100 $9,999 Learn MoreShow Less
MM 10K
0.10% $10,000 $24,999 Learn MoreShow Less
MM 25K
0.15% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $100 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Brookline Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Brookline Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Brookline Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Brookline Bank Locations

Financial Details

Brookline Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Brookline Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Brookline Bank U.S. Bank Average
6.04% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Brookline Bank had $24,306,000 in non-current loans and $2,868,000 in owned real estate. To cover these potential losses it had $407,756,000 in equity and $42,427,000 in loans loss reserves. That gives it a Texas Ratio of 6.04%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Brookline Bank U.S. Bank Average
8.96% 8.58

Brookline Bank has a Return on Equity of 8.96% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Brookline Bank U.S. Bank Average
10.1% 12.11

Brookline Bank has a Capitalization of 10.1% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Brookline Bank Balance Sheet Analysis

As of June 30, 2017, Brookline Bank had assets of $4,036,433,000, loans of $3,519,089,000, and deposits of $2,887,073,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Brookline Bank

Branches and Savings

Is Brookline Bank FDIC insured?

Yes. It is covered under FDIC Certificate #17798.

Why does Brookline Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Brookline Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Brookline Bank a commercial bank?

Yes

Where are Brookline Bank locations?

See branch locations nearby.

Is Brookline Bank open on Saturdays?

Is Brookline Bank open on Sundays?

What time does Brookline Bank open?

What time does Brookline Bank close?

Are Brookline Bank ATMs Open 24/7?

Do Brookline Bank ATMs accept cash deposits?

Can Brookline Bank customers use other ATMs?

Do Brookline Bank branches have notaries?

Will Brookline Bank notarize my document?

What address for Brookline Bank should I put for incoming ACH transfers?

Will the Brookline Bank branch print checks?

Do Brookline Bank checks expire?

Does Brookline Bank require US citizenship to open account?

Can Brookline Bank close my account?

Does Brookline Bank Report to credit bureaus?

Does Brookline Bank Use Equifax?

What is Brookline Bank's ACH Routing Number?

What is Brookline Bank's SWIFT code?

Products

Does Brookline Bank offer mortgages?

Compare mortgage rates here.

Does Brookline Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Brookline Bank offer personal loans?

Compare personal loan rates here.

Does Brookline Bank offer student loans?

Will Brookline Bank cash a check?

Will Brookline Bank redeem a savings bond?

Does Brookline Bank cash savings bonds?

Will Brookline Bank cash money orders?

Can Brookline Bank issue a money order?

Does Brookline Bank do currency exchange?

Background on The Bank

Who owns Brookline Bank?

How long has Brookline Bank been around?

Can Brookline Bank transfer to other banks?

Does Brookline Bank have quick pay?

Does Brookline Bank accept rolled coins?

Will Brookline Bank accept loose change?

Where is Brookline Bank headquarters?

Customer Reviews for Brookline Bank


  • Bill Quinn

    February 21, 2015

    Interesting. Is there an approximate Texas ratio for a bank at which other banks may become very interested in an acquisition.

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