Winchester Bancorp Inc. posts $962,000 net income for Q3 2025
Winchester Bancorp Inc. reported net income of $0.962 million for the quarter ended September 30, 2025, compared to a net loss of $0.92 million in the previous quarter, reflecting an increase of $1.882 million. Total assets reached $1.05 billion, up $55.8 million or 5.9% from June 30, 2025. Deposits totaled $716.4 million, an increase of $37.2 million, primarily due to growth of $38.9 million in municipal customer deposits. FHLB borrowings rose to $164 million, up $17 million or 11.6% from the prior quarter. Stockholders' equity was $117 million, an increase of $1.6 million from June 30, 2025. Non-interest expense was $4.8 million, compared to $6.8 million in the previous quarter, reflecting a prior quarter charitable foundation contribution. The allowance for credit losses on loans was $4.4 million, or 0.55% of total gross loans.
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