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Northfield Bancorp , Inc. Announces Second Quarter 2021 Results Company Release - 7/28/2021 7:03 PM ET NOTABLE ITEMS FOR THE QUARTER INCLUDE : DILUTED EARNINGS PER SHARE INCREASED OVER 5 % TO $ 0.40 AS COMPARED TO $ 0.38 FOR THE TRAILING QUARTER , AND OVER 73 % COMPARED TO $ 0.23 FOR THE SECOND QUARTER OF 2020 . NET INTEREST INCOME DECREASED $ 1.5 MILLION , OR 3.7 % , OVER THE TRAILING QUARTER , AND INCREASED $ 8.5 MILLION , OR 28.0 % , COMPARED TO THE SECOND QUARTER OF 2020. CURRENT QUARTER INCLUDES $ 443,000 IN ACCRETED INTEREST INCOME ON PURCHASED CREDIT DETERIORATED LOANS AS COMPARED TO $ 2.4 MILLION FOR THE TRAILING QUARTER . TOTAL LOANS , EXCLUDING PAYCHECK PROTECTION PROGRAM ( " PPP " ) LOANS , DECREASED $ 80.6 MILLION , OR 2.1 % . CURRENT QUARTER INCLUDES LOAN SALES OF APPROXIMATELY $ 126 MILLION , RESULTING IN A $ 1.4 MILLION GAIN . DEPOSITS , EXCLUDING BROKERED , INCREASED $ 50.8 MILLION , OR 1.3 % , SINCE MARCH 31 , 2021. COST OF DEPOSITS DECREASED OVER 11 % FOR THE QUARTER TO 16 BASIS POINTS , AS COMPARED TO 18 BASIS POINTS FOR THE TRAILING QUARTER . NON - PERFORMING LOANS TO TOTAL LOANS DECREASED TO 0.23 % AT JUNE 30 , 2021 , AS COMPARED TO 0.26 % AT MARCH 2021 , AND 0.27 % AT JUNE 30 , 2020 . REPURCHASED 900,771 SHARES TOTALING APPROXIMATELY $ 14.7 MILLION . CASH DIVIDEND DECLARED OF $ 0.13 PER SHARE OF COMMON STOCK , PAYABLE AUGUST 25 , 2021 , TO STOCKHOLDERS OF RECORD AS OF AUGUST 11 , 2021 . WOODBRIDGE , N.J. , July 28 , 2021 ( GLOBE NEWSWIRE ) -- NORTHFIELD BANCORP , INC . ( Nasdaq : NFBK ) ( or the " Company " ) , the holding company for Northfield Bank , reported diluted earnings per common share of $ 0.40 and $ 0.78 for the three and six months ended June 30 , 2021 , respectively , as compared to $ 0.23 and $ 0.33 per diluted share for the three and six months ended June 30 , 2020 , respectively . Earnings for the three and six months ended June 30 , 2021 , included a negative provision for loan losses of $ 3.7 million and $ 6.1 million , respectively , reflecting continued improvement in the economic forecast as well as an improvement in asset quality and a decline in loan balances , as compared to a provision for loan losses of $ 1.9 million and $ 10.1 million for the three and six months ended June 30 , 2020 , respectively , under the incurred loss methodology . The provision for loan losses for the three and six months ended June 30 , 2020 , I --- 010 ሰለ ለ ___