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WEST MASS BANKSHARES ANNOUNCES EARNINGS

 GREENFIELD, Mass., July 14 /PRNewswire/ -- West Mass Bankshares, Inc. (NASDAQ-NMS: WMBS) today announced earnings of $620,000 or 48 cents per common share and common share equivalents outstanding for the three months ended June 30, 1993, compared to $247,000 or 20 cents per common share and common share equivalents outstanding for the same period in 1992. For the six months ended June 30, 1993 net income was $1,322,000 or $1.04 per common share and common share equivalents outstanding, compared to $471,000 or 38 cents per common share and common share equivalents outstanding for the six months ended June 30, 1992.
 Total assets at June 30, 1993 were $215,730,000 compared to $218,430,000 at Dec. 31, 1992. Total deposits were $187,969,000 at June 30, 1993 compared to $192,303,000 at Dec. 31, 1992. The allowance for loan losses stood at $3,315,000 on June 30, 1993 vs. $3,154,000 at Dec. 31, 1992. Total stockholders' equity was $21,550,000 at June 30, 1993, compared to $20,400,000 at Dec. 31, 1992.
 The Board of Directors of West Mass Bankshares, Inc. declared a dividend of 7 cents per share payable on Aug. 31, 1993 to shareholders of record on Aug. 2, 1993.
 -0- 7/1/?93
 /CONTACT: Jim Neill or Ken Cole of West Mass Bankshares, 413-774-3713/
 (WMBS)


CO: West Mass Bankshares ST: Massachusetts IN: FIN SU: ERN

DJ-CM -- NE007 -- 1425 07/14/93 12:38 EDT
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Date:Jul 14, 1993
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