Westfield Financial Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net interest and dividend income of $8.153 million against $7.878 million a year ago. Income before income taxes was $1.930 million compared with $2.184 million a year ago. Net income was $1.401 million, or $0.08 per basic and diluted share compared to $1.661 million or $0.09 per basic and diluted share a year ago. Return on average assets was 0.41% compared with 0.50% a year ago. Return on average equity was 3.99% compared with 4.57% a year ago.

For the year, net interest and dividend income of $31.682 million compared to $31.068 million a year ago. Income before income taxes was $7.839 million compared with $8.044 million a year ago. Net income was $5.715 million, or $0.33 per basic and diluted share compared to $6.162 million or $0.34 per basic and diluted share a year ago. Return on average assets was 0.42% compared with 0.48% a year ago. Return on average equity was 4.10% compared with 4.18% a year ago. Book value per share at December 31, 2015, was $7.63 against $7.61 at December 31, 2014.

For the quarter, the company recorded charge-offs of $65,000 compared with $35,000 a year ago.