Butterfield Bank's common shares dropped five cents (1.3 percent) on The Bermuda Stock Exchange (BSX) yesterday.

The bank traded 1,000 shares to close at $3.95.

The only other trader was Bermuda Commercial Bank Ltd., which saw 1,800 shares change hands, but its share price held firm at $5.50.

The Index, as a whole, dipped 8.74 points (0.41 percent) to 2,105.78, with 2,800 shares worth BD$13,850 and 1,450 shares worth US$16,372.50 transacted.

The BSX Insurance Index, however, was up 0.64 points (0.06 percent) at 946.98.