First Ipswich Bank is a Massachusetts-chartered trust company and a member of the Federal Reserve System.  First Ipswich Bank is subject to regulation under the laws of the Commonwealth of Massachusetts, and the jurisdiction of the Massachusetts Division of Banks and the Federal Reserve System.  Customers' deposits are insured by the Federal Deposit Incurance Corporation (FDIC).  First Ipswich Bank operates six (6) full-service banking offices on the north shore of Massachusetts and in the Boston metropolitan area, which offer a full range of retail banking services to individuals, businesses and non-profit organizations.

First Ipswich Bank is a wholly-owned subsidiary of Brookline Bancorp, Inc., a publicly traded     multi-bank holding company (NASDAQ: BRKL).  Investor information for Brookline Bancorp, Inc. can be found at                                                 http://www.snl.com/IRWebLinkX/corporateprofile.aspx?iid=4001623