Shares of Bank of Butterfield dropped 50 cents to $33.50 on The Royal Gazette/BSX Index.

The drop, equal to 1.5 per cent, came after 200 shares traded.

Insurance company BF&M was unchanged at $20.60 after 3,338 shares changed hands.

On the New York Stock Exchange, the Bank of Butterfield was down 28 cents, or 0.82 per cent, at $33.73.

The Royal Gazette/BSX Index closed down 22.49 points, or 1.10 per cent, at 2,022.36.

The BSX Insurance Index ended the day down 5.70 points, or 0.30 per cent, at 1,918.83.