Winchester Bancorp, Inc./MD/
Business
Winchester Bancorp, Inc. is a Maryland-incorporated bank holding company and registered public company that owns Winchester Savings Bank, a Massachusetts-chartered savings bank. The Bank primarily takes deposits and deploys them in residential mortgage loans, commercial real estate loans, multi-family residential loans, and construction loans across eastern Massachusetts. Winchester Savings Bank operates from a main office in Winchester and four branch offices in Arlington, Danvers, and Woburn, serving Middlesex and Essex Counties in the Boston metropolitan area.
Summary from 10-K filed 2025-09-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 |
|---|---|---|---|
| Interest and fees on loans | 38 | 31 | |
| Interest and dividends on securities | 3 | 2 | |
| Interest on federal funds sold and other interest-bearing deposits | 2 | 2 | |
| Total interest and dividend income | 43 | 35 | |
| Interest on deposits | 19 | 16 | |
| Interest on Federal Home Loan Bank advances | 6 | 5 | |
| Total interest expense | 25 | 20 | |
| Net interest income | 18 | 14 | |
| Provision for credit losses | 2 | 514,000 | |
| Net interest income, after provision for credit losses | 15 | 14 | |
| Customer service fees | 728,000 | 683,000 | |
| Income on bank owned life insurance | 466,000 | 315,000 | |
| Loss on available for sale securities, net | — | −33,000 | |
| Gain on marketable equity securities, net | 374,000 | 378,000 | |
| Gain on sale of fixed assets | — | 314,000 | |
| Miscellaneous | 224,000 | 122,000 | |
| Total non-interest income | 2 | 2 | |
| Salaries and employee benefits | 10 | 10 | |
| Occupancy and equipment, net | 2 | 2 | |
| Data processing | 1 | 1 | |
| Deposit insurance | 848,000 | 472,000 | |
| Marketing and advertising | 462,000 | 376,000 | |
| Net periodic pension and post retirement benefit, less service costs | −73,000 | −723,000 | |
| Other general and administrative | 5 | 3 | |
| Total non-interest expenses | 19 | 15 | |
| (Loss) income before income taxes | −2 | 754,000 | |
| Benefit for income taxes | −656,000 | −32,000 | |
| Net (loss) income | −874,000 | 786,000 | |
| Average common shares outstanding, basic | 9 | — | |
| Average common shares outstanding, diluted | 9 | — | |
| Net loss per share, basic | −0.09 | — | |
| Net loss per share, diluted | −0.09 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 |
|---|---|---|---|---|
| Cash and due from banks | 8 | 3 | — | |
| Interest-bearing deposits | 48 | 41 | — | |
| Total cash and cash equivalents | 55 | 44 | — | |
| Securities available for sale, at fair value | 47 | 31 | — | |
| Marketable equity securities, at fair value | — | 2 | — | |
| Securities held to maturity, at amortized cost | 57 | 56 | — | |
| Federal Home Loan Bank stock, at cost | 6 | 6 | — | |
| Loans, net of allowance for credit losses of $4,151 at June 30, 2025 and $3,451 at June 30, 2024 | 751 | 682 | — | |
| Bank owned life insurance | 11 | 10 | — | |
| Premises and equipment, net | 6 | 7 | — | |
| Accrued interest receivable | 3 | 3 | — | |
| Net deferred tax asset | 1 | — | — | |
| Other assets | 10 | 12 | — | |
| Total assets | 949 | 853 | — | |
| Non-interest-bearing deposits | 56 | 52 | — | |
| Interest-bearing deposits | 623 | 583 | — | |
| Federal Home Loan Bank advances | 147 | 129 | — | |
| Mortgagors' escrow accounts | 2 | 2 | — | |
| Net deferred tax liability | — | 70,000 | — | |
| Accrued expenses and other liabilities | 6 | 6 | — | |
| Total liabilities | 834 | 773 | — | |
| Commitments and contigencies | — | — | — | |
| Preferred stock, $.01 par value, 5,000,000 shares authorized, none outstanding | 0 | — | — | |
| Common stock, $.01 par value, 20,000,000 shares authorized, 9,295,376 issued and outstanding as of June 30, 2025, none issued and outstanding as of June 30, 2024 | 93,000 | — | — | |
| Additional paid-in capital | 40 | — | — | |
| Unearned compensation (ESOP) 334,633 unallocated shares at June 30, 2025 | −3 | — | — | |
| Retained earnings | 81 | 82 | — | |
| Accumulated other comprehensive loss | −2 | −2 | — | |
| Total stockholders' equity | 115 | 80 | 77 | |
| Total liabilities and stockholders' equity | 949 | 853 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 |
|---|---|---|---|
| Net amortization of securities | 360,000 | 410,000 | |
| Depreciation and amortization | 847,000 | 750,000 | |
| Increase in cash surrender value of bank owned life insurance | −466,000 | −315,000 | |
| Accretion of net deferred loan origination fees | −86,000 | −117,000 | |
| Losses on debt securities, net | — | 33,000 | |
| Gain on marketable equity securities, net | −374,000 | −378,000 | |
| Contribution of stock to charitable foundation | 2 | — | |
| Deferred tax benefit | −1 | −159,000 | |
| Loans originated for sale | — | −651,000 | |
| Principal balance of loans sold | — | −651,000 | |
| Accrued interest receivable | −162,000 | −907,000 | |
| Other assets | 2 | −3 | |
| Accrued expenses and other liabilities | −1 | 3 | |
| Net cash provided by operating activities | 2 | 231,000 | |
| Maturities, calls and prepayments | 16 | 3 | |
| Sales | 2 | 2 | |
| Purchases | −31 | −9 | |
| Maturities, calls and prepayments | 13 | 6 | |
| Purchases | −15 | −17 | |
| Purchase of bank-owned life insurance | — | −4 | |
| Purchase of Federal Home Loan Bank stock | −515,000 | −2 | |
| Loan originations, net of principal payments | −71 | −83 | |
| Purchase of premises and equipment, net | −284,000 | −1 | |
| Net cash used by investing activities | −87 | −105 | |
| Net increase in deposits | 44 | 59 | |
| Net change in short-term Federal Home Loan Bank advances | 14 | −3 | |
| Proceeds from long-term Federal Home Loan Bank advances | 17 | 190 | |
| Repayment of long-term Federal Home Loan Bank advances | −13 | −149 | |
| Net proceeds from stock offering and issuance of common shares | 38 | — | |
| Purchase of common shares by the ESOP | −3 | — | |
| Contribution of cash to the MHC | −500,000 | — | |
| Net increase in mortgagors' escrow accounts | 114,000 | 84,000 | |
| Net cash provided by financing activities | 95 | 97 | |
| Net change in cash and cash equivalents | 11 | −8 | |
| Interest paid on deposits | 19 | 16 | |
| Interest paid on Federal Home Loan Bank advances | 6 | 4 | |
| Income taxes paid, net of (refunds) | −439,000 | −478,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Winchester Bancorp, Inc./MD/'s CIK number?
Winchester Bancorp, Inc./MD/'s SEC CIK number is 0002047235 (2047235). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Winchester Bancorp, Inc./MD/'s SEC filings?
All of Winchester Bancorp, Inc./MD/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Winchester Bancorp, Inc./MD/ last report earnings?
Winchester Bancorp, Inc./MD/ (WSBK) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-191386). This is Winchester Bancorp, Inc./MD/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Winchester Bancorp, Inc./MD/'s most recent earnings 8-K?
Winchester Bancorp, Inc./MD/'s latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0001193125-26-191386. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Winchester Bancorp, Inc./MD/'s latest earnings 8-K →
Look up any company's CIK number →