Wellesley Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2012

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Wellesley Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2012 Powered By Docstoc
					
				
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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 $681,000 for the quarter ended December 31, 2012, compared to net income of $519,000 for the same period in 2011. Earnings per share for the quarter ended December 31, 2012 were $0.31, basic and fully diluted. The Bank completed its mutual-to-stock conversion (the “Conversion”) and the Company’s public offering on Jan a style=
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