United Financial Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported total interest and dividend income of $53,621,000 compared to $49,714,000 a year ago. Net interest income was $43,172,000 compared to $40,693,000 a year ago. Income before income taxes was $15,456,000 compared to $10,071,000 a year ago. Net income was $14,550,000 or $0.29 per basic and diluted share compared to $9,902,000 or $0.20 per basic and diluted share a year ago. Return on average assets (annualized) was 0.90% compared to 0.66% a year ago. Return on average equity (annualized) was 8.95% compared to 6.35% a year ago. On a non-GAAP basis, net interest income increased by $119,000 to $42.8 million during the fourth quarter of 2016 as compared to the linked quarter. For the year, the company reported total interest and dividend income of $212,152,000 compared to $196,345,000 a year ago. Net interest income was $171,099,000 compared to $164,582,000 a year ago. Income before income taxes was $53,773,000 compared to $55,869,000 a year ago. Net income was $49,661,000 or $0.99 per diluted share compared to $49,640,000 or $1.00 per diluted share a year ago. Non-GAAP net income for the year ended December 31, 2016 was $49.6 million compared to $44.2 million for the year ended December 31, 2015. Tangible book value per share decreased to $10.53 at December 31, 2016 from $10.60 at September 30, 2016. The decrease was primarily due to a net contraction in accumulated other comprehensive income as a result of the increase in interest rates during the fourth quarter of 2016 as well as the cash dividend payment to shareholders of $0.12 per share, which reduced shareholders' equity by $6.0 million.