The following tables set forth condensed consolidated statements of operations and total assets for the Corporation’s operating segments for the quarters and six months ended December 31, 2016 and 2015, respectively.



	For the Quarter Ended December 31, 2016
(In Thousands)	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	7,821		$	1,264		$	9,085
Recovery from the allowance for loan losses	(346		)	(4		)	(350		)
Net interest income, after recovery from the allowance for loan losses	8,167			1,268			9,435

Non-interest income:
Loan servicing and other fees ⁽¹⁾	250			60			310
Gain on sale of loans, net ⁽²⁾	37			6,441			6,478
Deposit account fees	552			—			552
Loss on sale and operations of real estate owned acquired in the settlement of loans, net	(58		)	(5		)	(63		)
Card and processing fees	361			—			361
Other	194			—			194
Total non-interest income	1,336			6,496			7,832

Non-interest expense:
Salaries and employee benefits	4,642			5,707			10,349
Premises and occupancy	792			443			1,235
Operating and administrative expenses	1,152			1,932			3,084
Total non-interest expense	6,586			8,082			14,668
Income (loss) before income taxes	2,917			(318		)	2,599
Provision (benefit) for income taxes	1,228			(133		)	1,095
Net income (loss)	$	1,689		$	(185	)	$	1,504
Total assets, end of period	$	1,035,158		$	156,997		$	1,192,155


⁽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 $109 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 December 31, 2015
(In Thousands)	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	6,701		$	888		$	7,589
Recovery from the allowance for loan losses	(353		)	(9		)	(362		)
Net interest income after recovery from the allowance for loan losses	7,054			897			7,951

Non-interest income:
Loan servicing and other fees ⁽¹⁾	188			118			306
(Loss) gain on sale of loans, net ⁽²⁾	(1		)	6,045			6,044
Deposit account fees	590			—			590
Gain on sale and operations of real estate owned acquired in the settlement of loans, net	35			—			35
Card and processing fees	352			—			352
Other	271			—			271
Total non-interest income	1,435			6,163			7,598

Non-interest expense:
Salaries and employee benefits	4,255			5,716			9,971
Premises and occupancy	748			422			1,170
Operating and administrative expenses	1,246			1,472			2,718
Total non-interest expense	6,249			7,610			13,859
Income (loss) before income taxes	2,240			(550		)	1,690
Provision (benefit) for income taxes	939			(231		)	708
Net income (loss)	$	1,301		$	(319	)	$	982
Total assets, end of period	$	988,323		$	176,219		$	1,164,542


⁽¹⁾	Includes an inter-company charge of $103 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 $191 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 Six Months Ended December 31, 2016
(In Thousands)	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	15,396		$	2,777		$	18,173
Recovery from the allowance for loan losses	(310		)	(190		)	(500		)
Net interest income, after recovery from the allowance for loan losses	15,706			2,967			18,673

Non-interest income:
Loan servicing and other fees ⁽¹⁾	319			258			577
Gain on sale of loans, net ⁽²⁾	38			14,436			14,474
Deposit account fees	1,102			—			1,102
Loss on sale and operations of real estate owned acquired in the settlement of loans, net	(163		)	(3		)	(166		)
Card and processing fees	725			—			725
Other	372			—			372
Total non-interest income	2,393			14,691			17,084

Non-interest expense:
Salaries and employee benefits	9,536			12,127			21,663
Premises and occupancy	1,648			876			2,524
Operating and administrative expenses	2,299			3,814			6,113
Total non-interest expense	13,483			16,817			30,300
Income before income taxes	4,616			841			5,457
Provision for income taxes	2,005			354			2,359
Net income	$	2,611		$	487		$	3,098
Total assets, end of period	$	1,035,158		$	156,997		$	1,192,155


⁽¹⁾	Includes an inter-company charge of $223 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 $168 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 Six Months Ended December 31, 2015
(In Thousands)	Provident Bank			Provident Bank Mortgage			Consolidated Totals
Net interest income	$	13,604		$	2,051		$	15,655
Recovery from the allowance for loan losses	(341		)	(59		)	(400		)
Net interest income, after recovery from the allowance for loan losses	13,945			2,110			16,055

Non-interest income:
Loan servicing and other fees ⁽¹⁾	332			85			417
Gain on sale of loans, net ⁽²⁾	—			14,968			14,968
Deposit account fees	1,200			—			1,200
Gain on sale and operations of real estate owned acquired in the settlement of loans, net	259			5			264
Card and processing fees	714			—			714
Other	484			—			484
Total non-interest income	2,989			15,058			18,047

Non-interest expense:
Salaries and employee benefits	8,808			11,955			20,763
Premises and occupancy	1,444			834			2,278
Operating and administrative expenses	2,235			2,943			5,178
Total non-interest expense	12,487			15,732			28,219
Income before income taxes	4,447			1,436			5,883
Provision for income taxes	1,854			604			2,458
Net income	$	2,593		$	832		$	3,425
Total assets, end of period	$	988,323		$	176,219		$	1,164,542


⁽¹⁾	Includes an inter-company charge of $168 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 $299 credited to PBM by the Bank during the period to compensate PBM for servicing fees on loans sold on a servicing retained basis.