The following tables set forth condensed consolidated statements of operations and total assets for the Corporation’s operating segments for the quarters and nine months ended March 31, 2014 and 2013, respectively.



	For the Quarter Ended March 31, 2014
(In Thousands)	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	6,757		$	693		$	7,450
Recovery for loan losses	(707		)	(142		)	(849		)
Net interest income, after recovery for loan losses	7,464			835			8,299

Non-interest income:
Loan servicing and other fees ⁽¹⁾	40			212			252
Gain on sale of loans, net ⁽²⁾	52			5,239			5,291
Deposit account fees	628			—			628
Gain on sale and operations of real estate owned acquired in the settlement of loans, net	45			—			45
Card and processing fees	336			—			336
Other	239			—			239
Total non-interest income	1,340			5,451			6,791

Non-interest expense:
Salaries and employee benefits	3,903			4,908			8,811
Premises and occupancy	639			460			1,099
Operating and administrative expenses	1,012			1,631			2,643
Total non-interest expense	5,554			6,999			12,553
Income (loss) before income taxes	3,250			(713		)	2,537
Provision (benefit) for income taxes	1,438			(300		)	1,138
Net income (loss)	$	1,812		$	(413	)	$	1,399
Total assets, end of period	$	1,022,129		$	102,992		$	1,125,121


⁽¹⁾	Includes an inter-company charge of $115 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.


⁽²⁾	Includes an inter-company charge of $22 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.



	For the Quarter Ended March 31, 2013
(In Thousands)	Provident Bank			Provident Bank Mortgage		Consolidated Totals
Net interest income	$	6,911		$	1,155	$	8,066
(Recovery) provision for loan losses	(533		)	16		(517		)
Net interest income after (recovery) provision for loan losses	7,444			1,139		8,583

Non-interest income:
Loan servicing and other fees ⁽¹⁾	163			40		203
(Loss) gain on sale of loans, net ⁽²⁾	(77		)	13,912		13,835
Deposit account fees	605			—		605
Gain on sale and operations of real estate owned acquired in the settlement of loans, net	11			207		218
Card and processing fees	308			—		308
Other	219			—		219
Total non-interest income	1,229			14,159		15,388

Non-interest expense:
Salaries and employee benefits	4,178			7,341		11,519
Premises and occupancy	673			417		1,090
Operating and administrative expenses	1,149			1,971		3,120
Total non-interest expense	6,000			9,729		15,729
Income before income taxes	2,673			5,569		8,242
Provision for income taxes	1,030			2,342		3,372
Net income	$	1,643		$	3,227	$	4,870
Total assets, end of period	$	1,054,837		$	166,646	$	1,221,483


⁽¹⁾	Includes an inter-company charge of $11 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.


⁽²⁾	Includes an inter-company charge of $21 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.



	For the Nine Months Ended March 31, 2014
	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	19,995		$	3,071		$	23,066
Recovery for loan losses	(2,566		)	(123		)	(2,689		)
Net interest income, after recovery for loan losses	22,561			3,194			25,755

Non-interest income:
Loan servicing and other fees ⁽¹⁾	384			394			778
Gain on sale of loans, net ⁽²⁾	375			17,402			17,777
Deposit account fees	1,868			—			1,868
Gain on sale and operations of real estate owned acquired in the settlement of loans, net	14			1			15
Card and processing fees	997			—			997
Other	683			—			683
Total non-interest income	4,321			17,797			22,118

Non-interest expense:
Salaries and employee benefits	11,458			16,717			28,175
Premises and occupancy	1,952			1,410			3,362
Operating and administrative expenses	3,082			5,335			8,417
Total non-interest expense	16,492			23,462			39,954
Income (loss) before taxes	10,390			(2,471		)	7,919
Provision (benefit) for income taxes	4,443			(1,039		)	3,404
Net income (loss)	$	5,947		$	(1,432	)	$	4,515
Total assets, end of period	$	1,022,129		$	102,992		$	1,125,121


⁽¹⁾	Includes an inter-company charge of $128 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.


⁽²⁾	Includes an inter-company charge of $68 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.



	For the Nine Months Ended March 31, 2013
	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	21,388		$	4,386		$	25,774
Provision (recovery) for loan losses	287			(248		)	39
Net interest income, after provision (recovery) for loan losses	21,101			4,634			25,735

Non-interest income:
Loan servicing and other fees ⁽¹⁾	813			110			923
(Loss) gain on sale of loans, net ⁽²⁾	(85		)	52,393			52,308
Deposit account fees	1,845			—			1,845
Gain on sale and operations of real estate owned acquired in the settlement of loans, net	672			214			886
Card and processing fees	944			—			944
Other	676			—			676
Total non-interest income	4,865			52,717			57,582

Non-interest expense:
Salaries and employee benefits	13,174			24,201			37,375
Premises and occupancy	2,081			1,259			3,340
Operating and administrative expenses	3,429			5,680			9,109
Total non-interest expense	18,684			31,140			49,824
Income before taxes	7,282			26,211			33,493
Provision for income taxes	1,932			11,021			12,953
Net income	$	5,350		$	15,190		$	20,540
Total assets, end of period	$	1,054,837		$	166,646		$	1,221,483


⁽¹⁾	Includes an inter-company charge of $38 credited to PBM by the Bank during the period to compensate PBM for originating loans held for investment.


⁽²⁾	Includes an inter-company charge of $87 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.