Wellesley Bancorp, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported net interest income of $6,273,000 against $5,817,000 a year ago. Income before income taxes was $2,122,000 against $1,907,000 a year ago. Net income was $1,557,000 against $1,166,000 a year ago. Return on average assets was 0.74% against 0.61% a year ago. Return on average equity was 9.83% against 7.84% a year ago. Diluted earnings per common share were $0.62 against $0.48 a year ago. Net interest income was increased by 7.8% due to this increase was driven primarily by the increase in the average balances and rates of loan portfolio, partially offset by higher interest expense from the increases in average balances and rates on deposits and higher rates on borrowings. Net income was increased 33.5% due to several factors contributed to the increase; net interest income and non-interest income increased and the provision for loan losses and taxes decreased, partially offset by an increase in non-interest expenses. Total interest and dividend income was $8,616,000 against $7,305,000 a year ago. Net interest income, after provision for loan losses was $6,143,000 against $5,567,000 a year ago. For the nine months, the company reported net interest income of $18,380,000 against $16,567,000 a year ago. Income before income taxes was $6,042,000 against $4,887,000 a year ago. Net income was $4,414,000 against $2,984,000 a year ago. Return on average assets was 0.72% against 0.56% a year ago. Return on average equity was 9.62% against 6.93% a year ago. Diluted earnings per common share were $1.77 against $1.22 a year ago. Net interest income was increased by 10.9% due to the increase was largely due to increased loan income resulting from growth in portfolio partially offset by higher deposit costs. Net income was increased by 47.9% due to the increase is due to increased net interest income and non-interest income partially offset by higher non-interest expenses and provision for loan losses.  The decrease in the federal tax rate also contributed to the growth in net income. Total interest and dividend income was $24,618,000 against $20,657,000 a year ago. Net interest income, after provision for loan losses was $17,990,000 against $16,195,000 a year ago.