The final tallies are in on the exact compensation to be paid by Brookline Bancorp in its acquisition of Bancorp Rhode Island, expected to be completed by Jan. 1.

The total consideration to be paid by Brookline Bancorp will be comprised of approximately 10.9 million shares of common stock and $112.9 million in cash, according to preliminary results of elections regarding the merger consideration to be received by Bancorp Rhode Island shareholders.

Bancorp Rhode Island shareholders electing to receive stock will receive 4.686 shares of Brookline Bancorp common stock for each Bancorp Rhode Island share for which they made a valid stock election. Bancorp Rhode Island shareholders who expressed no preference or did not make a valid election will receive 4.686 shares of Brookline Bancorp common stock for each Bancorp Rhode Island share held by them.

For Bancorp Rhode Island shareholders who made a valid cash election, approximately 51.9% of the Bancorp Rhode Island shares held by such persons will be exchanged for cash, and the balance of the Bancorp Rhode Island shares held by such persons will be exchanged for Brookline Bancorp common stock. Brookline will pay a rate of $48.25 for each Bancorp Rhode Island share exchanged for cash, and 4.686 shares of Brookline Bancorp common stock for each Bancorp Rhode Island share exchanged for stock, according to a statement.

Of the 4,688,591 shares of Bancorp Rhode Island common stock outstanding as of the election deadline:

• 115,007 shares, or 2.5 percent, elected to receive Brookline Bancorp common stock.
• 4,508,559 shares, or 96.1 percent, elected to receive cash.
• 65,025 shares, or 1.4 percent, did not make a valid election or did not express a preference.