Welcome to our dedicated page for Western New Eng Bancorp SEC filings (Ticker: WNEB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Western New England Bancorp, Inc. filings document the public-company record of a Massachusetts bank holding company whose common stock trades on Nasdaq under the symbol WNEB. Recent Form 8-K reports furnish operating results, financial-condition updates, Regulation FD investor presentations, and material-event disclosures tied to Westfield Bank's banking activities and capital management.
Proxy materials describe annual meeting matters, director elections, board governance, executive compensation, shareholder voting procedures, and related corporate oversight topics. Other filings record director and officer matters, registered common stock terms, exchange listing information, and the governance framework surrounding the company's bank subsidiary.
Western New England Bancorp director Paul C. Picknelly acquired 690 shares of the company's common stock on 08/06/2025 at a reported price of $11.1227 per share, raising his beneficial ownership to 106,897 shares. The filing states the shares were purchased under the company’s Non-Employee Director Stock Election Program and were self-funded through deferred compensation; the filing explicitly notes these are not a restricted stock award. No derivative transactions were reported on this Form 4, and the report was filed by a single reporting person.
This is a routine insider purchase by a director implemented through a director compensation election rather than a market purchase or stock award, and the filing provides exact share counts and the method of funding.
Western New England Bancorp, Inc. reported stronger quarter-to-quarter earnings with net income of $4.59 million for the three months ended June 30, 2025, up from $3.51 million a year earlier, and basic earnings per share of $0.23 versus $0.17. Net interest and dividend income rose to $17.64 million for the quarter (from $14.47 million), driven by higher interest income of $29.61 million and slightly lower total interest expense of $11.97 million. Total assets increased to $2.711 billion and cash and cash equivalents grew to $93.3 million, while total deposits rose to $2.330 billion.
The company recorded a net reversal of credit losses of $0.47 million for the six months ended June 30, 2025 and reported net recoveries of $0.56 million year-to-date. The allowance for credit losses on loans was $19.73 million. Investment portfolios showed unrealized losses that improved from December 31, 2024: available-for-sale unrealized losses were $26.9 million and held-to-maturity unrealized losses were $35.4 million, and accumulated other comprehensive loss narrowed to $19.8 million. Noninterest expense increased to $15.66 million for the quarter, and nonaccrual loans were $5.8 million.