Hampden Bancorp, Inc. (the “Company”) (NASDAQ: HBNK), which is the holding company for Hampden Bank (the “Bank”), announced the results of operations for the three and six months ended December 31, 2013. Core net income increased by $958,000 to $2.5 million for the six months ended December 31, 2013, or fully diluted earnings per share (“EPS”) of $0.46 as compared to $1.5 million, or fully diluted EPS of $0.28, for the same period in 2012. For the six months ended December 31, 2013, net income increased to $2.2 million, or fully diluted EPS of $0.41, as compared to $1.5 million, or fully diluted EPS of $0.28, for the same period in 2012. Core income excludes net non-core (non-recurring) charges in 2013 related to a proxy contest and does not constitute a financial measure under United States Generally Accepted Accounting Principles (“U.S. GAAP”) 1. This core net income, net income and EPS represents the largest six month core net income, net income and EPS performance by Hampden Bancorp, Inc. since its inception. At the Company’s 2013 Annual Shareholder Meeting that took place on November 5, 2013, Hampden Bancorp, Inc.’s stockholders elected the Company’s director nominees and voted against a stockholder’s proposal. The expenses associated with this proxy contest totaled $410,000 for the six months ended December 31, 2013 and are included in non-interest expense under U.S. GAAP. There were no non-core charges during the six months ended December 31, 2012. Core net income was $1.3 million for the three months ended December 31, 2013, or $0.24 per fully diluted share as compared to $771,000, or $0.14 per fully diluted share, for the same period in 2012. Net income was $1.0 million for the three months ended December 31, 2013 and $771,000 for the three months ended December 31, 2012, while second fiscal quarter earnings per share were $0.19 and $0.14 per share, respectively. Overview Glenn S. Welch, President and CEO stated, "We are pleased to deliver record earnings per share with an increase of 36% over the comparable quarter last year. Year to date earnings per share have increased 46% over the same six month period in our 2013 fiscal year. Management’s strategy to drive growth by capitalizing on the Company’s competitive strengths as a strong, local, community bank focused on business lending, while improving efficiency, has resulted in this increased profitability. Once again, our results this quarter reflected good loan growth, improved fee income and higher net interest income. Non-interest expense would have been lower quarter over quarter if not for the non-recurring expenses associated with the proxy contest.