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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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	4,917	27,679	SH		SOLE		0	0	27,679
ABBOTT LABORATORIES	COM	002824100	9,401	66,795	SH		SOLE		0	0	66,795
ABBVIE INC	COM	00287Y109	11,207	82,770	SH		SOLE		0	0	82,770
AFFINITY BANCSHARES INC	COM	00832E103	270	17,550	SH		SOLE		0	0	17,550
AGENUS INC	COM	00847G705	89	27,780	SH		SOLE		0	0	27,780
ALLIANT ENERGY CORP	COM	018802108	849	13,805	SH		SOLE		0	0	13,805
ALPHABET INC CL C	COM	02079K107	303	105	SH		SOLE		0	0	105
ALTRIA GROUP INC	COM	02209S103	1,334	28,141	SH		SOLE		0	0	28,141
AMAZON COM	COM	023135106	1,835	550	SH		SOLE		0	0	550
APPLE INC	COM	037833100	8,206	46,211	SH		SOLE		0	0	46,211
AT&T INC	COM	00206R102	1,318	53,573	SH		SOLE		0	0	53,573
BANK OF AMERICA CORP	COM	060505104	5,903	132,685	SH		SOLE		0	0	132,685
BERKSHIRE HATHAWAY INC CL B	COM	084670702	3,248	10,863	SH		SOLE		0	0	10,863
BOEING CO	COM	097023105	4,070	20,218	SH		SOLE		0	0	20,218
BRISTOL-MYERS SQUIBB CO	COM	110122108	576	9,236	SH		SOLE		0	0	9,236
CHEVRON CORP	COM	166764100	6,030	51,383	SH		SOLE		0	0	51,383
CINCINNATI FINL CORP	COM	172062101	644	5,654	SH		SOLE		0	0	5,654
CISCO SYSTEMS INC	COM	17275R102	9,990	157,644	SH		SOLE		0	0	157,644
COCA-COLA CO	COM	191216100	6,356	107,354	SH		SOLE		0	0	107,354
COLGATE-PALMOLIVE CO	COM	194162103	2,605	30,528	SH		SOLE		0	0	30,528
CSX CORP	COM	126408103	1,372	36,488	SH		SOLE		0	0	36,488
CVS CAREMARK CORP	COM	126650100	4,140	40,130	SH		SOLE		0	0	40,130
DISCOVER FINL SVCS	COM	254709108	3,969	34,344	SH		SOLE		0	0	34,344
DOW INC	COM	260557103	5,383	94,900	SH		SOLE		0	0	94,900
DUKE ENERGY CORP	COM	26441C204	3,469	33,072	SH		SOLE		0	0	33,072
EASTERN BANKSHARES	COM	27627N105	1,583	78,500	SH		SOLE		0	0	78,500
ELI LILLY & CO	COM	532457108	2,198	7,957	SH		SOLE		0	0	7,957
EMERSON ELEC CO	COM	291011104	7,876	84,720	SH		SOLE		0	0	84,720
EXXON MOBIL CORP	COM	30231G102	8,144	133,095	SH		SOLE		0	0	133,095
FIRST HORIZON NTNL CORP FRAC 1	COM	DCA517101	0	434,329	SH		SOLE		0	0	434,329
FIRST SVGS FINL GROUP INC	COM	33621E109	4,039	153,000	SH		SOLE		0	0	153,000
FORD MOTOR CO	COM	345370860	264	12,731	SH		SOLE		0	0	12,731
GENERAL ELEC CO	COM	369604301	488	5,168	SH		SOLE		0	0	5,168
GENERAL MILLS INC	COM	370334104	2,401	35,631	SH		SOLE		0	0	35,631
HOME DEPOT INC	COM	437076102	623	1,501	SH		SOLE		0	0	1,501
HONEYWELL INTL INC	COM	438516106	5,993	28,740	SH		SOLE		0	0	28,740
HUNTINGTON BANCSHARES INC	COM	446150104	487	31,550	SH		SOLE		0	0	31,550
ILLINOIS TOOL WORKS INC	COM	452308109	3,970	16,087	SH		SOLE		0	0	16,087
INTEL CORP	COM	458140100	10,686	207,496	SH		SOLE		0	0	207,496
INTERNATIONAL PAPER CO	COM	460146103	1,703	36,241	SH		SOLE		0	0	36,241
INTL BUS MACHINES CORP	COM	459200101	6,067	45,388	SH		SOLE		0	0	45,388
J P MORGAN CHASE & CO	COM	46625H100	8,505	53,712	SH		SOLE		0	0	53,712
JOHNSON & JOHNSON	COM	478160104	16,702	97,632	SH		SOLE		0	0	97,632
KEYCORP	COM	493267108	717	31,000	SH		SOLE		0	0	31,000
KIMBERLY-CLARK CORP	COM	494368103	2,632	18,417	SH		SOLE		0	0	18,417
LOCKHEED MARTIN CORP	COM	539830109	5,543	15,596	SH		SOLE		0	0	15,596
LOWES COMPANIES INC	COM	548661107	7,221	27,938	SH		SOLE		0	0	27,938
MARIJUANA COMPANY OF AMERICA	COM	56782E204	0	100,000	SH		SOLE		0	0	100,000
MCDONALDS CORP	COM	580135101	9,170	34,207	SH		SOLE		0	0	34,207
MERCK & CO INC	COM	58933Y105	8,053	105,070	SH		SOLE		0	0	105,070
META PLATFORMS INC	COM	30303M102	2,773	8,243	SH		SOLE		0	0	8,243
MICROSOFT CORP	COM	594918104	41,290	122,769	SH		SOLE		0	0	122,769
NEXTERA ENERGY INC	COM	65339f101	5,383	57,664	SH		SOLE		0	0	57,664
NIKE INC	COM	654106103	526	3,156	SH		SOLE		0	0	3,156
NORTHEAST CMNTY BANCORP INC	COM	664121100	557	50,068	SH		SOLE		0	0	50,068
NVIDIA CORPORATION	COM	67066G104	311	1,056	SH		SOLE		0	0	1,056
OLD NATL BANCORP	COM	680033107	208	11,468	SH		SOLE		0	0	11,468
OZOP ENERGY SOLUTIONS INC	COM	692732209	1	30,303	SH		SOLE		0	0	30,303
PFIZER INC	COM	717081103	12,728	215,547	SH		SOLE		0	0	215,547
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	1,580	16,632	SH		SOLE		0	0	16,632
PROCTER & GAMBLE CO	COM	742718109	15,887	97,119	SH		SOLE		0	0	97,119
RAYTHEON TECHNOLOGIES	COM	75513E101	2,376	27,604	SH		SOLE		0	0	27,604
REGIONS FINANCIAL CORP	COM	7591EP100	488	22,400	SH		SOLE		0	0	22,400
STRYKER CORP	COM	863667101	5,444	20,359	SH		SOLE		0	0	20,359
SYSCO CORP	COM	871829107	5,056	64,362	SH		SOLE		0	0	64,362
TESLA MOTORS INC	COM	88160R101	761	720	SH		SOLE		0	0	720
TJX COMPANIES INC	COM	872540109	3,396	44,735	SH		SOLE		0	0	44,735
TOTALENERGIES SE	COM	89151E109	1,640	33,165	SH		SOLE		0	0	33,165
U S BANCORP	COM	902973304	4,970	88,477	SH		SOLE		0	0	88,477
UNITED PARCEL SERVICE INC	COM	911312106	13,456	62,781	SH		SOLE		0	0	62,781
VERIZON COMMUNICATIONS INC	COM	92343V104	2,361	45,442	SH		SOLE		0	0	45,442
WAL-MART STORES INC	COM	931142103	11,182	77,279	SH		SOLE		0	0	77,279
WALGREENS BOOTS ALLIANCE INC	COM	931427108	2,146	41,136	SH		SOLE		0	0	41,136
WALT DISNEY CO	COM	254687106	6,209	40,084	SH		SOLE		0	0	40,084
WELLS FARGO & CO	COM	949746101	344	7,164	SH		SOLE		0	0	7,164
WILLIAM PENN BANCORPORATION	COM	96927A105	121	10,000	SH		SOLE		0	0	10,000
ISHARES CORE MSCI TOTAL INTERN	ETF	46432F834	2,060	29,036	SH		SOLE		0	0	29,036
ISHARES CORE S&P 500 INDEX	ETF	464287200	16,724	35,061	SH		SOLE		0	0	35,061
ISHARES CORE S&P MIDCAP 400 IN	ETF	464287507	16,512	58,330	SH		SOLE		0	0	58,330
ISHARES CORE S&P TOTAL US STOC	ETF	464287150	5,685	53,144	SH		SOLE		0	0	53,144
ISHARES RUSSELL 2000 INDEX	ETF	464287655	601	2,700	SH		SOLE		0	0	2,700
ISHARES RUSSELL MIDCAP ETF	ETF	464287499	803	9,670	SH		SOLE		0	0	9,670
ISHARES S&P 500 VALUE INDEX	ETF	464287408	5,181	33,078	SH		SOLE		0	0	33,078
ISHARES S&P SMALLCAP 600 INDEX	ETF	464287804	4,606	40,225	SH		SOLE		0	0	40,225
VANGUARD TOTAL STOCK MARKET IN	ETF	922908769	291	1,205	SH		SOLE		0	0	1,205
CONSUMER DISCRETIONARY SELECT	ETF	81369Y407	544	2,660	SH		SOLE		0	0	2,660
CONSUMER STAPLES SELECT SECTOR	ETF	81369Y308	326	4,225	SH		SOLE		0	0	4,225
FIDELITY MCSI ENERGY INDEX	ETF	316092402	723	47,610	SH		SOLE		0	0	47,610
FIDELITY MCSI INFORMATION TECH	ETF	316092808	2,137	15,781	SH		SOLE		0	0	15,781
FIDELITY MCSI MATERIALS INDEX	ETF	316092881	342	6,801	SH		SOLE		0	0	6,801
FIDELITY MSCI CONSUMER DISCRET	ETF	316092204	1,028	11,650	SH		SOLE		0	0	11,650
FIDELITY MSCI CONSUMER STAPLES	ETF	316092303	886	18,993	SH		SOLE		0	0	18,993
FIDELITY MSCI FINANCIALS INDEX	ETF	316092501	1,323	23,664	SH		SOLE		0	0	23,664
FIDELITY MSCI HEALTHCARE INDEX	ETF	316092600	1,544	22,481	SH		SOLE		0	0	22,481
FIDELITY MSCI INDUSTRIALS INDE	ETF	316092709	1,552	27,620	SH		SOLE		0	0	27,620
FIDELITY MSCI REAL ESTATE INDE	ETF	316092857	266	7,662	SH		SOLE		0	0	7,662
FIDELITY MSCI TELECOMMUNICATIO	ETF	316092873	890	17,320	SH		SOLE		0	0	17,320
FIDELITY MSCI UTILITIES INDEX	ETF	316092865	358	7,719	SH		SOLE		0	0	7,719
FINANCIAL SELECT SECTOR SPDR	ETF	81369Y605	590	15,100	SH		SOLE		0	0	15,100
HEALTH CARE SELECT SECTOR SPDR	ETF	81369Y209	548	3,890	SH		SOLE		0	0	3,890
INDUSTRIAL SELECT SECTOR SPDR	ETF	81369Y704	698	6,600	SH		SOLE		0	0	6,600
PROSHARES ULTRAPRO QQQ	ETF	74347X831	247	1,488	SH		SOLE		0	0	1,488
S & P 500 SPDR	ETF	78462F103	261	549	SH		SOLE		0	0	549
SPDR S&P 600 SMALL CAP	ETF	78464A813	497	5,000	SH		SOLE		0	0	5,000
SPDR S&P MID CAP 400 ETF	ETF	78467Y107	875	1,690	SH		SOLE		0	0	1,690
TECHNOLOGY SELECT SECTOR SPDR	ETF	81369Y803	1,769	10,175	SH		SOLE		0	0	10,175