21. QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected Consolidated Quarterly Financial Data

	2017 Quarter Ended
(In thousands, except per share amounts)	March 31,		June 30,		September 30,		December 31,
Interest income	$	35,217	$	36,234	$	38,438	$	39,960
Interest expense		4,756		5,441		6,093		6,399
Net interest income		30,461		30,793		32,345		33,561
Provision for loan losses		800		950		1,900		10,400	⁽¹⁾
Net interest income after provision for loan losses		29,661		29,843		30,445		23,161
Non-interest income		4,122		4,509		4,972		4,499
Non-interest expense		20,296		21,006		21,271		29,154	⁽²⁾
Income (loss) before income taxes		13,487		13,346		14,146		(1,494	)
Income tax expense		4,316		4,505		4,703		5,422	⁽³⁾
Net income (loss)	$	9,171	$	8,841	$	9,443	$	(6,916	)
Basic earnings (loss) per share	$	0.47	$	0.45	$	0.48	$	(0.35	)
Diluted earnings (loss) per share	$	0.47	$	0.45	$	0.48	$	(0.35	)

	2016 Quarter Ended
(In thousands, except per share amounts)	March 31,			June 30,		September 30,		December 31,
Interest income	$	33,607		$	34,733	$	34,761	$	34,615
Interest expense		4,175			4,143		4,077		4,450
Net interest income		29,432			30,590		30,684		30,165
Provision for loan losses		1,250			900		2,000		1,400
Net interest income after provision for loan losses		28,182			29,690		28,684		28,765
Non-interest income		3,995			4,269		4,034		3,748
Non-interest expense		18,907	⁽⁴⁾		20,441		19,204		18,529	⁽⁵⁾
Income before income taxes		13,270			13,518		13,514		13,984
Income tax expense		4,644			4,664		4,663		4,824
Net income	$	8,626		$	8,854	$	8,851	$	9,160
Basic earnings per share	$	0.49		$	0.51	$	0.50	$	0.50
Diluted earnings per share	$	0.49		$	0.50	$	0.50	$	0.50

(1) 2017 amount includes net charge-offs primarily from loans and specific reserves associated with two relationships of $8.0 million.

(2) 2017 amount includes restructuring costs associated with branch restructuring and charter conversion of $8.0 million.

(3) 2017 amount includes a charge to write-down deferred tax assets due to the enactment of the Tax Act of $7.6 million.

(4) 2016 amount includes reversal of costs associated with the CNB and FNBNY acquisitions of $0.3 million.

(5) 2016 amount includes reversal of costs associated with the CNB and FNBNY acquisitions of $0.7 million.