HCBK EPS of $0.10 compares to $0.15 a year ago.
Net interest income of $159.9M off 28.7% Y/Y as NIM fell to 1.64% from 2.12%.
Provision for loan losses fell to $12.5M from double that amount a year ago thanks to stabilizing home prices and shrinkage in loan portfolio.
Adjusted noninterest income of $2.4M vs. $2.9M a year ago.
Closing date for merger with M&T Bank (MTB) extended until Jan. 31, 2014.
CEO: "Profitable growth opportunities remains scarce ... the recent increase in longer-term interest rates did not have a measurable effect on us ... these rates remained too low to compel us to pursue balance sheet growth."
Earlier: Earnings report. (PR)