LYNCH & Associates 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M COMPANY	COM	88579Y101	4,145	23,715	SH		SOLE		0	0	23,715
ABBOTT LABORATORIES	COM	002824100	7,392	67,509	SH		SOLE		0	0	67,509
ABBVIE INC	COM	00287Y109	8,715	81,336	SH		SOLE		0	0	81,336
AGENUS INC	COM	00847G705	51	16,100	SH		SOLE		0	0	16,100
ALLIANT ENERGY CORP	COM	018802108	824	15,986	SH		SOLE		0	0	15,986
ALTRIA GROUP INC	COM	02209S103	1,324	32,301	SH		SOLE		0	0	32,301
AMAZON COM	COM	023135106	1,941	596	SH		SOLE		0	0	596
AMERICAN ELEC PWR CO INC	COM	025537101	428	5,144	SH		SOLE		0	0	5,144
ANNALY CAPITAL MANAGEMENT INC	COM	035710409	85	10,000	SH		SOLE		0	0	10,000
APPLE INC	COM	037833100	4,023	30,315	SH		SOLE		0	0	30,315
AT&T INC	COM	00206R102	2,226	77,397	SH		SOLE		0	0	77,397
BANK OF AMERICA CORP	COM	060505104	3,608	119,047	SH		SOLE		0	0	119,047
BERKSHIRE HATHAWAY INC CL B	COM	084670702	2,495	10,761	SH		SOLE		0	0	10,761
BOEING CO	COM	097023105	4,875	22,774	SH		SOLE		0	0	22,774
BP PLC	COM	055622104	1,190	58,007	SH		SOLE		0	0	58,007
BRISTOL-MYERS SQUIBB CO	COM	110122108	551	8,876	SH		SOLE		0	0	8,876
CHEVRON CORP	COM	166764100	3,114	36,875	SH		SOLE		0	0	36,875
CINCINNATI FINL CORP	COM	172062101	512	5,863	SH		SOLE		0	0	5,863
CISCO SYSTEMS INC	COM	17275R102	6,586	147,168	SH		SOLE		0	0	147,168
COCA-COLA CO	COM	191216100	5,709	104,108	SH		SOLE		0	0	104,108
COLGATE-PALMOLIVE CO	COM	194162103	2,514	29,404	SH		SOLE		0	0	29,404
CONSOLIDATED EDISON INC	COM	209115104	258	3,575	SH		SOLE		0	0	3,575
CSX CORP	COM	126408103	1,104	12,162	SH		SOLE		0	0	12,162
CVS CAREMARK CORP	COM	126650100	1,314	19,243	SH		SOLE		0	0	19,243
CYTODYN INC	COM	23283M101	78	14,500	SH		SOLE		0	0	14,500
DISCOVER FINL SVCS	COM	254709108	2,377	26,258	SH		SOLE		0	0	26,258
DOW INC	COM	260557103	5,324	95,927	SH		SOLE		0	0	95,927
DUKE ENERGY CORP	COM	26441C204	2,979	32,538	SH		SOLE		0	0	32,538
EASTERN BANKSHARES	COM	27627N105	1,381	84,700	SH		SOLE		0	0	84,700
ELI LILLY & CO	COM	532457108	1,432	8,482	SH		SOLE		0	0	8,482
EMERSON ELEC CO	COM	291011104	6,871	85,494	SH		SOLE		0	0	85,494
EXXON MOBIL CORP	COM	30231G102	5,125	124,326	SH		SOLE		0	0	124,326
FACEBOOK INC	COM	30303M102	577	2,113	SH		SOLE		0	0	2,113
FIRST COMMONWEALTH FINANCIAL	COM	319829107	150	13,700	SH		SOLE		0	0	13,700
FIRST SVGS FINL GROUP INC	COM	33621E109	3,445	53,000	SH		SOLE		0	0	53,000
GENERAL ELEC CO	COM	369604103	550	50,963	SH		SOLE		0	0	50,963
GENERAL MILLS INC	COM	370334104	2,024	34,418	SH		SOLE		0	0	34,418
GERMAN AMERICAN BANCORP	COM	373865104	954	28,817	SH		SOLE		0	0	28,817
HOME DEPOT INC	COM	437076102	498	1,875	SH		SOLE		0	0	1,875
HONEYWELL INTL INC	COM	438516106	6,491	30,516	SH		SOLE		0	0	30,516
HUNTINGTON BANCSHARES INC	COM	446150104	400	31,700	SH		SOLE		0	0	31,700
ILLINOIS TOOL WORKS INC	COM	452308109	3,225	15,820	SH		SOLE		0	0	15,820
INTEL CORP	COM	458140100	10,155	203,839	SH		SOLE		0	0	203,839
INTL BUS MACHINES CORP	COM	459200101	6,178	49,075	SH		SOLE		0	0	49,075
INTL PAPER CO	COM	460146103	1,872	37,644	SH		SOLE		0	0	37,644
J P MORGAN CHASE & CO	COM	46625H100	5,847	46,014	SH		SOLE		0	0	46,014
JOHNSON & JOHNSON	COM	478160104	15,034	95,525	SH		SOLE		0	0	95,525
KEYCORP	COM	493267108	448	27,300	SH		SOLE		0	0	27,300
KIMBERLY-CLARK CORP	COM	494368103	2,395	17,764	SH		SOLE		0	0	17,764
LOCKHEED MARTIN CORP	COM	539830109	5,795	16,324	SH		SOLE		0	0	16,324
LOWES COMPANIES INC	COM	548661107	5,123	31,917	SH		SOLE		0	0	31,917
MAGNITE INC	COM	55955D100	218	7,100	SH		SOLE		0	0	7,100
MCDONALDS CORP	COM	580135101	6,721	31,320	SH		SOLE		0	0	31,320
MERCK & CO INC	COM	58933Y105	8,442	103,207	SH		SOLE		0	0	103,207
MICROSOFT CORP	COM	594918104	30,034	135,033	SH		SOLE		0	0	135,033
NEXTERA ENERGY INC	COM	65339f101	4,862	63,019	SH		SOLE		0	0	63,019
NIKE INC	COM	654106103	447	3,163	SH		SOLE		0	0	3,163
OLD NATL BANCORP	COM	680033107	206	12,423	SH		SOLE		0	0	12,423
PFIZER INC	COM	717081103	7,532	204,607	SH		SOLE		0	0	204,607
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	1,284	15,511	SH		SOLE		0	0	15,511
PROCTER & GAMBLE CO	COM	742718109	13,799	99,171	SH		SOLE		0	0	99,171
QUANTUMSCAPE CORP CL A	COM	74767V109	253	3,000	SH		SOLE		0	0	3,000
RAYTHEON TECHNOLOGIES	COM	75513E101	1,907	26,674	SH		SOLE		0	0	26,674
REGIONS FINANCIAL CORP	COM	7591EP100	405	25,147	SH		SOLE		0	0	25,147
ROYAL DUTCH SHELL PLC	COM	780259206	437	12,449	SH		SOLE		0	0	12,449
STRYKER CORP	COM	863667101	5,203	21,235	SH		SOLE		0	0	21,235
SYSCO CORP	COM	871829107	4,813	64,819	SH		SOLE		0	0	64,819
TESLA MOTORS INC	COM	88160R101	638	904	SH		SOLE		0	0	904
TESORO ENTERPRISES INC	COM	881608103	2	15,000	SH		SOLE		0	0	15,000
TJX COMPANIES INC	COM	872540109	3,146	46,070	SH		SOLE		0	0	46,070
TOTAL SA ADR	COM	89151E109	1,465	34,956	SH		SOLE		0	0	34,956
U S BANCORP	COM	902973304	3,638	78,081	SH		SOLE		0	0	78,081
UNITED PARCEL SERVICE INC	COM	911312106	32,651	193,887	SH		SOLE		0	0	193,887
VERIZON COMMUNICATIONS INC	COM	92343V104	2,991	50,907	SH		SOLE		0	0	50,907
VIATRIS INC	COM	92556V106	345	18,403	SH		SOLE		0	0	18,403
WAL-MART STORES INC	COM	931142103	10,815	75,026	SH		SOLE		0	0	75,026
WALGREENS BOOTS ALLIANCE INC	COM	931427108	1,848	46,342	SH		SOLE		0	0	46,342
WALT DISNEY CO	COM	254687106	7,563	41,741	SH		SOLE		0	0	41,741
WELLS FARGO & CO	COM	949746101	325	10,755	SH		SOLE		0	0	10,755
CONSUMER DISCRETIONARY SELECT	ETF	81369Y407	434	2,700	SH		SOLE		0	0	2,700
CONSUMER STAPLES SELECT SECTOR	ETF	81369Y308	285	4,225	SH		SOLE		0	0	4,225
FIDELITY MCSI ENERGY INDEX	ETF	316092402	440	43,354	SH		SOLE		0	0	43,354
FIDELITY MCSI INFORMATION TECH	ETF	316092808	1,826	17,468	SH		SOLE		0	0	17,468
FIDELITY MCSI MATERIALS INDEX	ETF	316092881	283	7,045	SH		SOLE		0	0	7,045
FIDELITY MSCI CONSUMER DISCRET	ETF	316092204	1,001	14,000	SH		SOLE		0	0	14,000
FIDELITY MSCI CONSUMER STAPLES	ETF	316092303	736	18,095	SH		SOLE		0	0	18,095
FIDELITY MSCI FINANCIALS INDEX	ETF	316092501	890	21,077	SH		SOLE		0	0	21,077
FIDELITY MSCI HEALTHCARE INDEX	ETF	316092600	1,215	21,041	SH		SOLE		0	0	21,041
FIDELITY MSCI INDUSTRIALS INDE	ETF	316092709	1,226	26,087	SH		SOLE		0	0	26,087
FIDELITY MSCI TELECOMMUNICATIO	ETF	316092873	653	14,344	SH		SOLE		0	0	14,344
FIDELITY MSCI UTILITIES INDEX	ETF	316092865	263	6,472	SH		SOLE		0	0	6,472
FINANCIAL SELECT SECTOR SPDR	ETF	81369Y605	453	15,350	SH		SOLE		0	0	15,350
HEALTH CARE SELECT SECTOR SPDR	ETF	81369Y209	444	3,915	SH		SOLE		0	0	3,915
INDUSTRIAL SELECT SECTOR SPDR	ETF	81369Y704	589	6,650	SH		SOLE		0	0	6,650
ISHARES CORE MSCI TOTAL INTERN	ETF	46432F834	1,601	23,828	SH		SOLE		0	0	23,828
ISHARES CORE S&P 500 INDEX	ETF	464287200	14,510	38,654	SH		SOLE		0	0	38,654
ISHARES CORE S&P MIDCAP 400 IN	ETF	464287507	12,620	54,908	SH		SOLE		0	0	54,908
ISHARES CORE S&P TOTAL US STOC	ETF	464287150	4,194	48,638	SH		SOLE		0	0	48,638
ISHARES RUSSELL 2000 INDEX	ETF	464287655	549	2,800	SH		SOLE		0	0	2,800
ISHARES RUSSELL MIDCAP ETF	ETF	464287499	831	12,119	SH		SOLE		0	0	12,119
ISHARES S&P 500 VALUE INDEX	ETF	464287408	1,118	8,731	SH		SOLE		0	0	8,731
ISHARES S&P SMALLCAP 600 INDEX	ETF	464287804	4,207	45,775	SH		SOLE		0	0	45,775
S & P 500 SPDR	ETF	78462F103	205	547	SH		SOLE		0	0	547
SPDR S&P 600 SMALL CAP	ETF	78464A813	398	5,000	SH		SOLE		0	0	5,000
SPDR S&P MID CAP 400 ETF	ETF	78467Y107	765	1,822	SH		SOLE		0	0	1,822
TECHNOLOGY SELECT SECTOR SPDR	ETF	81369Y803	1,466	11,275	SH		SOLE		0	0	11,275
VANGUARD TOTAL STOCK MARKET IN	ETF	922908769	235	1,205	SH		SOLE		0	0	1,205