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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OMB Number:		3235-0006
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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	4,948	25,682	SH		SOLE		0	0	25,682
ABBOTT LABORATORIES	COM	002824100	8,125	67,799	SH		SOLE		0	0	67,799
ABBVIE INC	COM	00287Y109	8,937	82,586	SH		SOLE		0	0	82,586
AFFINITY BANCSHARES INC	COM	00832E103	219	18,000	SH		SOLE		0	0	18,000
AGENUS INC	COM	00847G705	51	18,600	SH		SOLE		0	0	18,600
ALLIANT ENERGY CORP	COM	018802108	850	15,686	SH		SOLE		0	0	15,686
ALTRIA GROUP INC	COM	02209S103	1,598	31,243	SH		SOLE		0	0	31,243
AMAZON COM	COM	023135106	1,600	517	SH		SOLE		0	0	517
ANNALY CAPITAL MANAGEMENT INC	COM	035710409	86	10,000	SH		SOLE		0	0	10,000
APPLE INC	COM	037833100	4,344	35,566	SH		SOLE		0	0	35,566
AT&T INC	COM	00206R102	2,244	74,138	SH		SOLE		0	0	74,138
BANK OF AMERICA CORP	COM	060505104	4,720	121,999	SH		SOLE		0	0	121,999
BERKSHIRE HATHAWAY INC CL B	COM	084670702	2,803	10,970	SH		SOLE		0	0	10,970
BOEING CO	COM	097023105	5,827	22,877	SH		SOLE		0	0	22,877
BP PLC	COM	055622104	1,282	52,647	SH		SOLE		0	0	52,647
BRISTOL-MYERS SQUIBB CO	COM	110122108	560	8,876	SH		SOLE		0	0	8,876
CHEVRON CORP	COM	166764100	4,047	38,616	SH		SOLE		0	0	38,616
CINCINNATI FINL CORP	COM	172062101	608	5,893	SH		SOLE		0	0	5,893
CISCO SYSTEMS INC	COM	17275R102	7,760	150,077	SH		SOLE		0	0	150,077
COCA-COLA CO	COM	191216100	5,629	106,794	SH		SOLE		0	0	106,794
COLGATE-PALMOLIVE CO	COM	194162103	2,397	30,413	SH		SOLE		0	0	30,413
CSX CORP	COM	126408103	1,173	12,162	SH		SOLE		0	0	12,162
CVS CAREMARK CORP	COM	126650100	1,819	24,174	SH		SOLE		0	0	24,174
DISCOVER FINL SVCS	COM	254709108	2,689	28,304	SH		SOLE		0	0	28,304
DOW INC	COM	260557103	6,056	94,712	SH		SOLE		0	0	94,712
DUKE ENERGY CORP	COM	26441C204	3,096	32,071	SH		SOLE		0	0	32,071
EASTERN BANKSHARES	COM	27627N105	1,620	84,000	SH		SOLE		0	0	84,000
ELI LILLY & CO	COM	532457108	1,580	8,457	SH		SOLE		0	0	8,457
EMERSON ELEC CO	COM	291011104	7,679	85,112	SH		SOLE		0	0	85,112
EXXON MOBIL CORP	COM	30231G102	7,107	127,296	SH		SOLE		0	0	127,296
FACEBOOK INC	COM	30303M102	609	2,068	SH		SOLE		0	0	2,068
FIRST SVGS FINL GROUP INC	COM	33621E109	3,558	53,000	SH		SOLE		0	0	53,000
GENERAL ELEC CO	COM	369604103	672	51,214	SH		SOLE		0	0	51,214
GENERAL MILLS INC	COM	370334104	2,040	33,269	SH		SOLE		0	0	33,269
HOME DEPOT INC	COM	437076102	450	1,475	SH		SOLE		0	0	1,475
HONEYWELL INTL INC	COM	438516106	6,619	30,491	SH		SOLE		0	0	30,491
HUNTINGTON BANCSHARES INC	COM	446150104	498	31,700	SH		SOLE		0	0	31,700
IANTHUS CAPITAL HOLDINGS INC	COM	45074T102	3	10,000	SH		SOLE		0	0	10,000
ILLINOIS TOOL WORKS INC	COM	452308109	3,513	15,860	SH		SOLE		0	0	15,860
INTEL CORP	COM	458140100	13,309	207,954	SH		SOLE		0	0	207,954
INTL BUS MACHINES CORP	COM	459200101	6,367	47,778	SH		SOLE		0	0	47,778
INTL PAPER CO	COM	460146103	1,972	36,464	SH		SOLE		0	0	36,464
J P MORGAN CHASE & CO	COM	46625H100	7,342	48,231	SH		SOLE		0	0	48,231
JOHNSON & JOHNSON	COM	478160104	15,898	96,732	SH		SOLE		0	0	96,732
KEYCORP	COM	493267108	577	28,875	SH		SOLE		0	0	28,875
KIMBERLY-CLARK CORP	COM	494368103	2,430	17,474	SH		SOLE		0	0	17,474
LOCKHEED MARTIN CORP	COM	539830109	5,710	15,454	SH		SOLE		0	0	15,454
LOWES COMPANIES INC	COM	548661107	6,008	31,593	SH		SOLE		0	0	31,593
MARIJUANA COMPANY OF AMERICA	COM	56782E204	1	100,000	SH		SOLE		0	0	100,000
MCDONALDS CORP	COM	580135101	7,145	31,878	SH		SOLE		0	0	31,878
MERCK & CO INC	COM	58933Y105	7,780	100,919	SH		SOLE		0	0	100,919
MICROSOFT CORP	COM	594918104	31,175	132,227	SH		SOLE		0	0	132,227
NEXTERA ENERGY INC	COM	65339f101	4,734	62,611	SH		SOLE		0	0	62,611
NIKE INC	COM	654106103	440	3,313	SH		SOLE		0	0	3,313
OLD NATL BANCORP	COM	680033107	215	11,116	SH		SOLE		0	0	11,116
OZOP ENERGY SOLUTIONS INC	COM	692732209	3	30,303	SH		SOLE		0	0	30,303
PFIZER INC	COM	717081103	7,565	208,816	SH		SOLE		0	0	208,816
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	1,418	15,978	SH		SOLE		0	0	15,978
PROCTER & GAMBLE CO	COM	742718109	13,239	97,758	SH		SOLE		0	0	97,758
RAYTHEON TECHNOLOGIES	COM	75513E101	2,172	28,115	SH		SOLE		0	0	28,115
REGIONS FINANCIAL CORP	COM	7591EP100	461	22,322	SH		SOLE		0	0	22,322
ROYAL DUTCH SHELL PLC	COM	780259206	503	12,825	SH		SOLE		0	0	12,825
STRYKER CORP	COM	863667101	5,075	20,835	SH		SOLE		0	0	20,835
SUNDIAL GROWERS INC	COM	86730L109	11	10,000	SH		SOLE		0	0	10,000
SYSCO CORP	COM	871829107	5,076	64,465	SH		SOLE		0	0	64,465
TAIWAN SEMICONDUCTOR MFG CO AD	COM	874039100	227	1,920	SH		SOLE		0	0	1,920
TESLA MOTORS INC	COM	88160R101	688	1,030	SH		SOLE		0	0	1,030
TJX COMPANIES INC	COM	872540109	2,935	44,370	SH		SOLE		0	0	44,370
TOTAL SA ADR	COM	89151E109	1,582	33,985	SH		SOLE		0	0	33,985
TRULIEVE CANNIBIS CORP	COM	89788C104	205	4,500	SH		SOLE		0	0	4,500
U S BANCORP	COM	902973304	4,394	79,448	SH		SOLE		0	0	79,448
UNITED PARCEL SERVICE INC	COM	911312106	10,833	63,725	SH		SOLE		0	0	63,725
VERIZON COMMUNICATIONS INC	COM	92343V104	2,952	50,759	SH		SOLE		0	0	50,759
WAL-MART STORES INC	COM	931142103	10,471	77,088	SH		SOLE		0	0	77,088
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,662	48,482	SH		SOLE		0	0	48,482
WALT DISNEY CO	COM	254687106	7,700	41,729	SH		SOLE		0	0	41,729
WELLS FARGO & CO	COM	949746101	420	10,756	SH		SOLE		0	0	10,756
WILLIAM PENN BANCORPORATION	COM	96927A105	200	17,580	SH		SOLE		0	0	17,580
CONSUMER DISCRETIONARY SELECT	ETF	81369Y407	454	2,700	SH		SOLE		0	0	2,700
CONSUMER STAPLES SELECT SECTOR	ETF	81369Y308	289	4,225	SH		SOLE		0	0	4,225
FIDELITY MCSI ENERGY INDEX	ETF	316092402	598	45,136	SH		SOLE		0	0	45,136
FIDELITY MCSI INFORMATION TECH	ETF	316092808	1,892	17,870	SH		SOLE		0	0	17,870
FIDELITY MCSI MATERIALS INDEX	ETF	316092881	323	7,298	SH		SOLE		0	0	7,298
FIDELITY MSCI CONSUMER DISCRET	ETF	316092204	1,047	13,718	SH		SOLE		0	0	13,718
FIDELITY MSCI CONSUMER STAPLES	ETF	316092303	767	18,445	SH		SOLE		0	0	18,445
FIDELITY MSCI FINANCIALS INDEX	ETF	316092501	1,041	21,263	SH		SOLE		0	0	21,263
FIDELITY MSCI HEALTHCARE INDEX	ETF	316092600	1,340	22,719	SH		SOLE		0	0	22,719
FIDELITY MSCI INDUSTRIALS INDE	ETF	316092709	1,356	26,031	SH		SOLE		0	0	26,031
FIDELITY MSCI TELECOMMUNICATIO	ETF	316092873	781	15,834	SH		SOLE		0	0	15,834
FIDELITY MSCI UTILITIES INDEX	ETF	316092865	268	6,452	SH		SOLE		0	0	6,452
FINANCIAL SELECT SECTOR SPDR	ETF	81369Y605	523	15,350	SH		SOLE		0	0	15,350
HEALTH CARE SELECT SECTOR SPDR	ETF	81369Y209	457	3,915	SH		SOLE		0	0	3,915
INDUSTRIAL SELECT SECTOR SPDR	ETF	81369Y704	655	6,650	SH		SOLE		0	0	6,650
ISHARES CORE MSCI TOTAL INTERN	ETF	46432F834	1,795	25,541	SH		SOLE		0	0	25,541
ISHARES CORE S&P 500 INDEX	ETF	464287200	14,357	36,089	SH		SOLE		0	0	36,089
ISHARES CORE S&P MIDCAP 400 IN	ETF	464287507	14,091	54,138	SH		SOLE		0	0	54,138
ISHARES CORE S&P TOTAL US STOC	ETF	464287150	4,619	50,429	SH		SOLE		0	0	50,429
ISHARES RUSSELL 2000 INDEX	ETF	464287655	619	2,800	SH		SOLE		0	0	2,800
ISHARES RUSSELL MIDCAP ETF	ETF	464287499	896	12,119	SH		SOLE		0	0	12,119
ISHARES S&P 500 VALUE INDEX	ETF	464287408	3,419	24,210	SH		SOLE		0	0	24,210
ISHARES S&P SMALLCAP 600 INDEX	ETF	464287804	4,284	39,472	SH		SOLE		0	0	39,472
S & P 500 SPDR	ETF	78462F103	218	549	SH		SOLE		0	0	549
SPDR S&P 600 SMALL CAP	ETF	78464A813	470	5,000	SH		SOLE		0	0	5,000
SPDR S&P MID CAP 400 ETF	ETF	78467Y107	832	1,747	SH		SOLE		0	0	1,747
TECHNOLOGY SELECT SECTOR SPDR	ETF	81369Y803	1,388	10,450	SH		SOLE		0	0	10,450
VANGUARD TOTAL STOCK MARKET IN	ETF	922908769	249	1,205	SH		SOLE		0	0	1,205