 QUINCY, Mass., July 27, 2021 GLOBE NEWSWIRE -- Randolph Bancorp, Inc. the Company NASDAQ Global Market: RNDB, the holding company for Envision Bank the Bank, today announced net income of 1.6 million, or 0.32 per basic share and 0.31 per diluted share, for the three months ended June 30, 2021 compared to net income of 4.1 million, or 0.81 per basic and 0.78 per diluted share, for the three months ended March 31, 2021 and net income of 5.2 million, or 1.02 per basic and diluted share, for the three months ended June 30, 2020. Excluding one-time events of 145,000 in severance expenses, 71,000 in other outsourcing expenses, and 29,000 in losses on disposals of fixed assets, earnings were 1.8 million, or 0.34 per diluted share, for the three months ended June 30, 2021. Excluding one-time charges of 109,000 in severance expenses, earnings were 4.2 million, or 0.79 per diluted share, for the three months ended March 31, 2021. Excluding 189,000 of operating expenses related to addressing the COVID-19 pandemic, net income for the three months ended June 30, 2020 was 5.4 million, or 1.06 per diluted share. 