Since completing the merger of Chicopee Savings Bank into Westfield Bank last December, becoming the largest headquartered bank in Hampden county, total assets for holding company Western New England Bancorp have barely moved, growing just $10 million between Dec. 31, 2016, and the end of the third quarter.

Total deposits are down $3 million since Dec. 31.

Announced last year, the merger bolstered the company from $1.38 billion to roughly $2.1 billion in assets.

“Oct. 21 marked the one year anniversary of the merger between the company and Chicopee Bancorp. We would like to thank our board of directors and employees for their commitment and hard work over the last year. Our staff never lost sight that the execution of the merger was essential for our overall success,” James C. Hagan, president and CEO of Western New England Bancorp, said in a statement. “We would also like to thank our customers and shareholders for their support. Our focus will continue to be on leveraging the merger to make a meaningful impact in our market area, grow the balance sheet and improve our financial performance. We are confident that we will continue to provide a strong and increasing value proposition to our shareholders, customers and community.”

Third quarter net income for the company was $3.8 million, or $0.13 per diluted share, compared to $1.4 million, or $0.09 per diluted share, for the three months ended Sept. 30, 2016 adjusting for nonrecurring merger related expenses and tax benefits.

Net interest income for the quarter was $14.8 million, up more than $6 million from the third quarter of 2016. The net interest margin as of Sept. 30 was 3.09 percent, up from 2.65 percent at this time last year. Noninterest income for the quarter was $2.4 million, up over $1 million from the third quarter of 2016.

Net loans reached past $1.6 billion, up about $670 million year-over-year.

The company attributed loan growth to increases in one- to four-family real estate loans and commercial and industrial loans.

However, those increases were partially offset by a decrease in commercial real estate loans, which was largely related to the expected payoff of a $7.5 million completed commercial real estate construction project during first quarter of this year.

At Sept. 30, 2017, nonperforming loans decreased to 0.81 percent of total loans, compared to .90 percent of total loans, at the end of 2016.