2024 Q4 Form 10-Q Financial Statement

#000199937124014440 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $27.84M
YoY Change 7.49%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $643.0K
YoY Change 2.06%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.522M
YoY Change -54.34%
Income Tax $618.0K
% Of Pretax Income 24.5%
Net Earnings $1.904M
YoY Change -57.59%
Net Earnings / Revenue 6.84%
Basic Earnings Per Share $0.09
Diluted Earnings Per Share $0.09
COMMON SHARES
Basic Shares Outstanding 21.02M shares 21.32M shares
Diluted Shares Outstanding 20.93M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $72.80M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $24.25M
YoY Change -2.09%
Goodwill $12.49M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.48M
YoY Change -22.96%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.640B
YoY Change 2.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $9.300M
YoY Change -9.71%
Deferred Revenue
YoY Change
Short-Term Debt $4.390M
YoY Change -50.62%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.300M
YoY Change -9.71%
LONG-TERM LIABILITIES
Long-Term Debt $19.74M
YoY Change 0.21%
Other Long-Term Liabilities $23.21M
YoY Change 31.13%
Total Long-Term Liabilities $42.95M
YoY Change 14.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.300M
Total Long-Term Liabilities $42.95M
Total Liabilities $2.400B
YoY Change 1.94%
SHAREHOLDERS EQUITY
Retained Earnings $140.9M
YoY Change 3.63%
Common Stock $121.6M
YoY Change -4.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $240.7M
YoY Change
Total Liabilities & Shareholders Equity $2.640B
YoY Change 2.15%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $1.904M
YoY Change -57.59%
Depreciation, Depletion And Amortization $643.0K
YoY Change 2.06%
Cash From Operating Activities $2.980M
YoY Change -60.99%
INVESTING ACTIVITIES
Capital Expenditures $70.00K
YoY Change -90.14%
Acquisitions
YoY Change
Other Investing Activities -$30.21M
YoY Change -594.44%
Cash From Investing Activities -$30.28M
YoY Change -661.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 46.64M
YoY Change 165.78%
NET CHANGE
Cash From Operating Activities 2.980M
Cash From Investing Activities -30.28M
Cash From Financing Activities 46.64M
Net Change In Cash 19.34M
YoY Change -36.74%
FREE CASH FLOW
Cash From Operating Activities $2.980M
Capital Expenditures $70.00K
Free Cash Flow $2.910M
YoY Change -58.01%

Facts In Submission

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http://fasb.org/us-gaap/2024#OtherAssets
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http://fasb.org/us-gaap/2024#OtherLiabilities
CY2023Q4 us-gaap Derivative Asset Statement Of Financial Position Extensible Enumeration
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http://fasb.org/us-gaap/2024#OtherAssets
CY2023Q4 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
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321000 usd
CY2023Q4 us-gaap Stockholders Equity
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237409000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
2961000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1893000 usd
CY2024Q1 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
71240 shares
CY2024Q1 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
152000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
505000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
240655000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
228143000 usd
CY2023Q1 wneb Cumulative Effect Accounting Adjustment Net
CumulativeEffectAccountingAdjustmentNet
9000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
5304000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1941000 usd
CY2023Q1 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
74993 shares
CY2023Q1 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
180000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
529000 usd
CY2023Q1 wneb Forfeited Equity Incentive Plan Shares Reissued In Connection With Performance Share Grant Shares
ForfeitedEquityIncentivePlanSharesReissuedInConnectionWithPerformanceShareGrantShares
19761 shares
CY2023Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1351000 usd
CY2023Q1 wneb Forfeited Equity Incentive Plan Shares Reissued In Connection With Lti Grant Shares
ForfeitedEquityIncentivePlanSharesReissuedInConnectionWithLTIGrantShares
2742 shares
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.07
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1533000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
233222000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
2763000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-123000 usd
CY2023Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
74993 shares
CY2023Q2 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
150000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
300000 usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
786000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.07
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1528000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
233998000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
4490000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5462000 usd
CY2023Q3 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
74993 shares
CY2023Q3 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
118000 usd
CY2023Q3 us-gaap Amortization Of Esop Award
AmortizationOfESOPAward
118000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
300000 usd
CY2023Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1009000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.07
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1521000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
230914000 usd
us-gaap Net Income Loss
NetIncomeLoss
8378000 usd
us-gaap Net Income Loss
NetIncomeLoss
12557000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
97000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
386000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
1659000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
1645000 usd
wneb Accretion Of Purchase Accounting Adjustments Net
AccretionOfPurchaseAccountingAdjustmentsNet
-34000 usd
wneb Accretion Of Purchase Accounting Adjustments Net
AccretionOfPurchaseAccountingAdjustmentsNet
88000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
282000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
877000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
962000 usd
us-gaap Amortization Of Deferred Property Taxes
AmortizationOfDeferredPropertyTaxes
343000 usd
us-gaap Amortization Of Deferred Property Taxes
AmortizationOfDeferredPropertyTaxes
367000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
29000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
29000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1146000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1129000 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
413000 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
448000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
246000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
22000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-6000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-3000 usd
wneb Gain Loss On Bank Owned Life Insurance Death Benefit
GainLossOnBankOwnedLifeInsuranceDeathBenefit
778000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1425000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1388000 usd
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
125000 usd
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
141000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-504000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4293000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5767000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-5385000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6115000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5911000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1100000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
3643000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
10896000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
10692000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
23843000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
11542000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9326000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
6237000 usd
wneb Payment Loan Originations And Principal Payments Net
PaymentLoanOriginationsAndPrincipalPaymentsNet
42469000 usd
wneb Payment Loan Originations And Principal Payments Net
PaymentLoanOriginationsAndPrincipalPaymentsNet
24190000 usd
us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
20333000 usd
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
3436000 usd
us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-289000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
381000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1509000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12000 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
18000 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
2079000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28446000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-701000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
80462000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-53140000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-11710000 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-32460000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
90369000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
98000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
120000000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
4469000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
4582000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5621000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3103000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
66293000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
26715000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
43962000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31925000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28840000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30342000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72802000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62267000 usd
wneb Net Change In Cash Due To Broker
NetChangeInCashDueToBroker
2513000 usd
wneb Net Change In Cash Due To Broker
NetChangeInCashDueToBroker
2253000 usd
us-gaap Interest Paid Net
InterestPaidNet
39051000 usd
us-gaap Interest Paid Net
InterestPaidNet
20671000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
2599000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
3717000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_841_eus-gaap--NatureOfOperations_z39quhQMmVld" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_zlwXd5L04c28">Nature of Operations and Basis of Presentation</span></b>. Western New England Bancorp, Inc. (“WNEB,” “Company,” “we,” or “us”) is a Massachusetts-chartered stock holding company for Westfield Bank, a federally-chartered savings bank (“Bank”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Bank operates <span id="xdx_90C_ecustom--NumberOfBankingOfficesInWhichBankOperates_iI_uNumber_c20240930_zWYI05RszI17" title="Number of banking offices in which bank operates">25</span> banking offices in Hampden County and Hampshire County in western Massachusetts and Hartford County and Tolland County in northern Connecticut, and its primary sources of revenue are interest income from loans as well as interest income from investment securities. The West Hartford Financial Services Center serves as the Company’s Connecticut hub, housing Commercial Lending, Cash Management and a Mortgage Loan Officer. The Bank’s deposits are insured up to the maximum Federal Deposit Insurance Corporation (“FDIC”) coverage limits.</span></p>
CY2024Q3 wneb Number Of Banking Offices In Which Bank Operates
NumberOfBankingOfficesInWhichBankOperates
25
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_zPu8Q6cMCVwk" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zeOnvIYBztE9">Estimates</span></b>. The accompanying consolidated financial statements and related disclosures have been prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates, assumptions and judgements that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of income and expenses for the periods then ended. Actual results could differ from those estimates. Estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for credit losses and goodwill impairment.</span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_840_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zu7FBrZZPAKk" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_zJCHpZJ1yiP3">Reclassifications</span>. </b>Amounts in the prior period financial statements are reclassified when necessary to conform to the current year presentation.</span></p>
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
1904000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
4490000 usd
us-gaap Net Income Loss
NetIncomeLoss
8378000 usd
us-gaap Net Income Loss
NetIncomeLoss
12557000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
21246000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
22055000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
21466000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
22140000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
256000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
329000 shares
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
273000 shares
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
347000 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
186000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
165000 shares
us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
180000 shares
us-gaap Weighted Average Number Of Shares Contingently Issuable
WeightedAverageNumberOfSharesContingentlyIssuable
162000 shares
CY2024Q3 wneb Average Number Of Common Shares Outstanding Used To Calculate Basic Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateBasicEarningsPerCommonShare
20804000 shares
CY2023Q3 wneb Average Number Of Common Shares Outstanding Used To Calculate Basic Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateBasicEarningsPerCommonShare
21561000 shares
wneb Average Number Of Common Shares Outstanding Used To Calculate Basic Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateBasicEarningsPerCommonShare
21013000 shares
wneb Average Number Of Common Shares Outstanding Used To Calculate Basic Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateBasicEarningsPerCommonShare
21631000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
130000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
119000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
109000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
50000 shares
CY2024Q3 wneb Average Number Of Common Shares Outstanding Used To Calculate Diluted Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateDilutedEarningsPerCommonShare
20934000 shares
CY2023Q3 wneb Average Number Of Common Shares Outstanding Used To Calculate Diluted Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateDilutedEarningsPerCommonShare
21680000 shares
wneb Average Number Of Common Shares Outstanding Used To Calculate Diluted Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateDilutedEarningsPerCommonShare
21122000 shares
wneb Average Number Of Common Shares Outstanding Used To Calculate Diluted Earnings Per Common Share
AverageNumberOfCommonSharesOutstandingUsedToCalculateDilutedEarningsPerCommonShare
21681000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-18345000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-21744000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
180501000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
160000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
24772000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
155889000 usd
CY2024Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
213266000 usd
CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
194000 usd
CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
30912000 usd
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
182548000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostBeforeAllowanceForCreditLoss
393767000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Gain
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedGain
354000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedLoss
55684000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
338437000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
166281000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
29166000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
137115000 usd
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
223370000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
107000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
35785000 usd
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
187692000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost Before Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostBeforeAllowanceForCreditLoss
389651000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Gain
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedGain
107000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedLoss
64951000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
324807000 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
22000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
22000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
180501000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
155889000 usd
CY2024Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
213266000 usd
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
182548000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss
466000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss
454000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
4
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
10438000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
89000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
84
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
129917000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
24683000 usd
CY2024Q3 wneb Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
39
CY2024Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
170206000 usd
CY2024Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
30912000 usd
CY2024Q3 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
4
CY2024Q3 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionLessThan12Months
10438000 usd
CY2024Q3 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
89000 usd
CY2024Q3 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
123
CY2024Q3 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLonger
300123000 usd
CY2024Q3 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
55595000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
85
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
136980000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
29166000 usd
CY2023Q4 wneb Debt Securities Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
4
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
7097000 usd
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
56000 usd
CY2023Q4 wneb Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
38
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
173845000 usd
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
35729000 usd
CY2023Q4 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
4
CY2023Q4 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionLessThan12Months
7097000 usd
CY2023Q4 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
56000 usd
CY2023Q4 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
123
CY2023Q4 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLonger
310825000 usd
CY2023Q4 wneb Debt Securities Available For Sale And Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
64895000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
24800000 usd
CY2024Q3 wneb Available For Sale Securities Continuous Unrealized Loss Position Depreciation From Amortized Cost Percentage
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionDepreciationFromAmortizedCostPercentage
0.137 pure
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
29200000 usd
CY2023Q4 wneb Available For Sale Securities Continuous Unrealized Loss Position Depreciation From Amortized Cost Percentage
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionDepreciationFromAmortizedCostPercentage
0.175 pure
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
88
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
85
CY2024Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
30900000 usd
CY2024Q3 wneb Held To Maturity Securities Continuous Unrealized Loss Position Depreciation From Amortized Cost Percentage
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionDepreciationFromAmortizedCostPercentage
0.152 pure
CY2023Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
35700000 usd
CY2023Q4 wneb Held To Maturity Securities Continuous Unrealized Loss Position Depreciation From Amortized Cost Percentage
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionDepreciationFromAmortizedCostPercentage
0.160 pure
CY2024Q3 wneb Debt Securities Held To Maturity Continuous Unrealized Loss Position Number Of Positions
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionNumberOfPositions
39
CY2023Q4 wneb Debt Securities Held To Maturity Continuous Unrealized Loss Position Number Of Positions
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionNumberOfPositions
42
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
2046382000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
2024824000 usd
CY2024Q3 us-gaap Financing Receivable Unamortized Purchase Premium Discount
FinancingReceivableUnamortizedPurchasePremiumDiscount
2620000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Purchase Premium Discount
FinancingReceivableUnamortizedPurchasePremiumDiscount
2493000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19955000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
20267000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
2029047000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
2007050000 usd
CY2024Q3 wneb Serviced Loans For Participants
ServicedLoansForParticipants
66100000 usd
CY2023Q4 wneb Serviced Loans For Participants
ServicedLoansForParticipants
65000000.0 usd
wneb Weighted Average Prepayment Speed Public Securities Association Standard Prepayment Model
WeightedAveragePrepaymentSpeedPublicSecuritiesAssociationStandardPrepaymentModel
2.26 pure
wneb Weighted Average Internal Rate Of Return Percentage
WeightedAverageInternalRateOfReturnPercentage
0.1001 pure
wneb Weighted Average Servicing Fee Percentage
WeightedAverageServicingFeePercentage
0.0025 pure
wneb Net Cost To Service Loans
NetCostToServiceLoans
82.93
us-gaap Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
20100000 usd
us-gaap Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
246000 usd
CY2024Q3 wneb Mortgage Loans Serviced Third Party At Period End
MortgageLoansServicedThirdPartyAtPeriodEnd
85700000 usd
CY2023Q4 wneb Mortgage Loans Serviced Third Party At Period End
MortgageLoansServicedThirdPartyAtPeriodEnd
72700000 usd
wneb Service Fees Income
ServiceFeesIncome
249000 usd
wneb Service Fees Income
ServiceFeesIncome
144000 usd
CY2024Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
377000 usd
CY2023Q2 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
480000 usd
CY2023Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
422000 usd
CY2022Q4 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
550000 usd
CY2024Q3 us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
114000 usd
us-gaap Servicing Asset At Amortized Value Additions
ServicingAssetAtAmortizedValueAdditions
114000 usd
CY2024Q3 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
25000 usd
CY2023Q3 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
35000 usd
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
70000 usd
us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
105000 usd
CY2024Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
466000 usd
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
445000 usd
CY2024Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
466000 usd
CY2023Q3 us-gaap Servicing Asset At Amortized Value
ServicingAssetAtAmortizedValue
445000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
744000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
745000 usd
CY2024Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
744000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
745000 usd
CY2024Q3 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
7600000 usd
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
7500000 usd
wneb First Mortgages Maximum Loan To Value Percentage Owner Occupied Homes
FirstMortgagesMaximumLoanToValuePercentageOwnerOccupiedHomes
0.97 pure
wneb First Mortgages Maximum Loan To Value Percentage Second Homes
FirstMortgagesMaximumLoanToValuePercentageSecondHomes
0.90 pure
wneb First Mortgages Maximum Loan To Value Percentage Investment Properties
FirstMortgagesMaximumLoanToValuePercentageInvestmentProperties
0.85 pure
wneb Loan To Value Ratio Requiring Private Mortgage Insurance
LoanToValueRatioRequiringPrivateMortgageInsurance
0.80 pure
wneb Residential Equity Loans And Lines Maximum Percentage Of Appraised Value Underwritten
ResidentialEquityLoansAndLinesMaximumPercentageOfAppraisedValueUnderwritten
0.85 pure
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19444000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
609000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
269000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
171000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19955000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19647000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
409000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
193000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
115000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19978000 usd
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
633000 usd
CY2024Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
332000 usd
CY2024Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
965000 usd
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
591000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-55000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
536000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
20267000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
20267000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-271000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
-271000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
386000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
386000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
345000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
345000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19955000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19955000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19931000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19931000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
768000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
768000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2091000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
2091000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
188000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
188000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19978000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19978000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
19978000 usd
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
597000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
368000 usd
CY2024Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
965000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-382000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
536000 usd
CY2023Q3 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
536000 usd
CY2024Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
941000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
609000 usd
CY2024Q3 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
332000 usd
CY2023Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
354000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
409000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
97000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
386000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
97000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
368000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
386000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
768000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
2046382000 usd
CY2024Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4873000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
2024824000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
6421000 usd
CY2024Q3 us-gaap Financing Receivable Percent Past Due1
FinancingReceivablePercentPastDue1
0.0021 pure
CY2023Q4 us-gaap Financing Receivable Percent Past Due1
FinancingReceivablePercentPastDue1
0.0030 pure
CY2024Q3 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
4873000 usd
CY2024Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4873000 usd
CY2024Q3 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
115000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
310000 usd
CY2023Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
6421000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
6421000 usd
CY2023Q3 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
141000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
356000 usd
CY2024Q3 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
0.0024 pure
CY2023Q4 srt Financing Receivable Nonaccrual To Outstanding Percent
FinancingReceivableNonaccrualToOutstandingPercent
0.0032 pure
CY2024Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
14422000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
163000 usd
CY2023Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
29718000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
179000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
94000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
94000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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10000000 usd
CY2024Q3 us-gaap Federal Home Loan Bank Advances Long Term
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128277000 usd
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40646000 usd
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CY2023Q4 wneb Debt Longterm And Shortterm Excluding Subordinated Debt
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199927000 usd
CY2023Q4 us-gaap Hedged Asset Fair Value Hedge
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199393000 usd
CY2024Q3 us-gaap Hedged Asset Fair Value Hedge Cumulative Increase Decrease
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CY2023Q4 us-gaap Hedged Asset Fair Value Hedge Cumulative Increase Decrease
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CY2024Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
4443000 usd
CY2024Q3 us-gaap Derivative Fair Value Of Derivative Liability
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4372000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
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5890000 usd
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DerivativeFairValueOfDerivativeLiability
5239000 usd
CY2024Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
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434000 usd
CY2023Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
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406000 usd
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
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1324000 usd
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627000 usd
CY2024Q3 us-gaap Gain Loss From Hedged Firm Commitment Not Qualifying As Fair Value Hedge Net
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-1000 usd
CY2023Q3 us-gaap Gain Loss From Hedged Firm Commitment Not Qualifying As Fair Value Hedge Net
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CY2024Q3 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
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435000 usd
CY2023Q3 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
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510000 usd
us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
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1334000 usd
us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
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2390000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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72802000 usd
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
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182548000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
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155889000 usd
CY2024Q3 us-gaap Equity Securities Fv Ni
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252000 usd
CY2024Q3 us-gaap Restricted Investments At Fair Value
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7143000 usd
CY2024Q3 us-gaap Loans Receivable Fair Value Disclosure
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1890012000 usd
CY2024Q3 wneb Interest Receivable Fair Value Disclosure
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8653000 usd
CY2024Q3 wneb Fair Value Of Mortgage Servicing Rights
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744000 usd
CY2024Q3 us-gaap Derivative Assets
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4443000 usd
CY2024Q3 us-gaap Deposits Fair Value Disclosure
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2223751000 usd
CY2024Q3 us-gaap Shortterm Debt Fair Value
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4390000 usd
CY2024Q3 us-gaap Long Term Debt Fair Value
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130077000 usd
CY2024Q3 wneb Subordinated Debt Fair Value
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16805000 usd
CY2024Q3 wneb Interest Payable Fair Value Disclosure
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961000 usd
CY2024Q3 us-gaap Derivative Liabilities
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4372000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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28840000 usd
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
187692000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
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137115000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni
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196000 usd
CY2023Q4 us-gaap Restricted Investments At Fair Value
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3707000 usd
CY2023Q4 us-gaap Loans Receivable Fair Value Disclosure
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1841913000 usd
CY2023Q4 wneb Interest Receivable Fair Value Disclosure
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8528000 usd
CY2023Q4 wneb Fair Value Of Mortgage Servicing Rights
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724000 usd
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5890000 usd
CY2023Q4 us-gaap Deposits Fair Value Disclosure
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2140930000 usd
CY2023Q4 us-gaap Shortterm Debt Fair Value
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16100000 usd
CY2023Q4 us-gaap Long Term Debt Fair Value
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120460000 usd
CY2023Q4 wneb Subordinated Debt Fair Value
SubordinatedDebtFairValue
17938000 usd
CY2023Q4 wneb Interest Payable Fair Value Disclosure
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3310000 usd
CY2023Q4 us-gaap Derivative Liabilities
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5239000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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0001999371-24-014440-index.html Edgar Link pending
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ex31-1.htm Edgar Link pending
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