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Wellesley Bancorp, Inc. Reports Results for the Quarter and Year-to-date Period Ended June 30, 2012

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Wellesley Bancorp, Inc. Reports Results for the Quarter and Year-to-date Period Ended June 30, 2012 Powered By Docstoc
					
				
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posted:7/31/2012
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Description: WELLESLEY, Mass.--(BUSINESS WIRE)--Wellesley Bancorp, Inc. (Nasdaq Capital Market: WEBK) (the “Company”), the holding company for Wellesley Bank (the “Bank”) reported net income of $434,000 for the quarter ended June 30, 2012, compared to net income of $466,000 for the same period in 2011. Earnings per share for the three months ended June 30, 2011 were $0.20, basic and fully diluted. The Bank completed its mutual-to-stock conversion (the “conversion”) and the Company’s public offering on Januar a styl
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