Business
Westbury Bancorp, Inc. Reports Net Income for the Three and Nine Months Ended June 30, 2022
Westbury Bancorp, Inc. Reports Net Income for the Three and Nine Months Ended June 30, 2022.
About this update from Westbury Bancorp, Inc.
[{"type":"text","content":"\n PEWAUKEE, Wis., July 20, 2022 (GLOBE NEWSWIRE) -- Westbury Bancorp, Inc. (OTC Pink: WBBW), the holding company (the “Company”) for Westbury Bank (the “Bank”), today announced net income of $1.7 million, or $0.67 per common share and $5.5 million, or $2.18 per common share for the three and nine months ended June 30, 2022 compared to net income of $2.1 million, or $0.82 per common share and $7.3 million, or $2.82 per common share for the three and six months ended June 30, 2021. About Westbury Bancorp, Inc. Westbury Bancorp, Inc. is the holding company for Westbury Bank. The Company's common shares are traded on OTC Pink under the symbol “WBBW”. Detailed quarterly financial statements for the Company may be found at www.otcmarkets.com/stock/WBBW/disclosure. Westbury Bank is an independent community bank primarily serving communities in Washington and Waukesha Counties through its eight full service offices providing deposit and loan services to individuals, professionals and businesses throughout its markets. Forward-Looking Information Information contained in this press release, other than historical information, may be considered forward-looking in nature and is subject to various risks, uncertainties, and assumptions. Such forward-looking statements in this release are inherently subject to many uncertainties arising in the Company's operations and business environment. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations. Certain tabular presentations may not reconcile because of rounding. WEBSITE: www.westburybankwi.com Contact:        Kirk Emerich - Executive Vice President and CFO Greg Remus - President and CEO 262-335-6037  At or For the Three Months Ended: June 30, 2022March 31, 2022December 31, 2021September 30, 2021June 30, 2021Selected Financial Condition Data:  (Dollars in thousands)Total assets$953,792 $908,352 $914,633 $921,791 $905,024 Loans receivable, net 695,947  649,482  661,439  665,166  641,790 Allowance for loan losses 9,020  9,019  8,997  8,995  8,992 Securities available fo...