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Wellesley Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2011

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Wellesley Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2011 Powered By Docstoc
					
				
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Description: WELLESLEY, Mass.--(EON: Enhanced Online News)--Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the “Company”), the holding company for Wellesley Bank (the “Bank”) reported Bank net income of $519,000 for the quarter ended December 31, 2011, compared to Bank net income of $567,000 for the same period in 2010. For the year ended December 31, 2011, Bank net income was $2.0 million, compared to $2.2 million for the same period in 2010. The Bank completed its mutual-to-stock conversion and the a style='f
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