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	3,359	28,011	SH		SOLE		0	0	28,011
ABBOTT LABORATORIES	COM	002824100	6,937	63,184	SH		SOLE		0	0	63,184
ABBVIE INC	COM	00287Y109	12,886	79,738	SH		SOLE		0	0	79,738
AFFINITY BANCSHARES INC	COM	00832E103	227	15,000	SH		SOLE		0	0	15,000
AGENUS INC	COM	00847G705	109	45,580	SH		SOLE		0	0	45,580
ALLIANT ENERGY CORP	COM	018802108	390	7,073	SH		SOLE		0	0	7,073
ALPHABET INC (GOOGLE)	COM	02079K305	1,526	17,294	SH		SOLE		0	0	17,294
ALTRIA GROUP INC	COM	02209S103	1,501	32,836	SH		SOLE		0	0	32,836
AMAZON COM	COM	023135106	855	10,179	SH		SOLE		0	0	10,179
APPLE INC	COM	037833100	6,118	47,087	SH		SOLE		0	0	47,087
BANK OF AMERICA CORP	COM	060505104	4,755	143,576	SH		SOLE		0	0	143,576
BERKSHIRE HATHAWAY INC CL B	COM	084670702	3,629	11,747	SH		SOLE		0	0	11,747
BOEING CO	COM	097023105	3,836	20,138	SH		SOLE		0	0	20,138
BRISTOL-MYERS SQUIBB CO	COM	110122108	638	8,866	SH		SOLE		0	0	8,866
CHEVRON CORP	COM	166764100	9,227	51,409	SH		SOLE		0	0	51,409
CINCINNATI FINL CORP	COM	172062101	578	5,649	SH		SOLE		0	0	5,649
CISCO SYSTEMS INC	COM	17275R102	7,539	158,254	SH		SOLE		0	0	158,254
COCA-COLA CO	COM	191216100	6,840	107,530	SH		SOLE		0	0	107,530
COLGATE-PALMOLIVE CO	COM	194162103	2,497	31,686	SH		SOLE		0	0	31,686
COSTCO WHSL CORP	COM	22160K105	209	457	SH		SOLE		0	0	457
CSX CORP	COM	126408103	1,130	36,490	SH		SOLE		0	0	36,490
CVS CAREMARK CORP	COM	126650100	4,260	45,710	SH		SOLE		0	0	45,710
DISCOVER FINL SVCS	COM	254709108	3,625	37,059	SH		SOLE		0	0	37,059
DOW INC	COM	260557103	4,889	97,018	SH		SOLE		0	0	97,018
DUKE ENERGY CORP	COM	26441C204	3,443	33,427	SH		SOLE		0	0	33,427
EASTERN BANKSHARES	COM	27627N105	1,095	63,500	SH		SOLE		0	0	63,500
ECB BANCORP INC	COM	26828M106	254	15,837	SH		SOLE		0	0	15,837
ELI LILLY & CO	COM	532457108	2,863	7,827	SH		SOLE		0	0	7,827
EMERSON ELEC CO	COM	291011104	8,179	85,143	SH		SOLE		0	0	85,143
EXXON MOBIL CORP	COM	30231G102	14,167	128,445	SH		SOLE		0	0	128,445
FIRST HORIZON NTNL CORP FRAC 1	COM	DCA517101	0	434,329	SH		SOLE		0	0	434,329
FIRST SVGS FINL GROUP INC	COM	33621E109	3,060	153,000	SH		SOLE		0	0	153,000
FORD MOTOR CO	COM	345370860	123	10,619	SH		SOLE		0	0	10,619
GENERAL ELEC CO	COM	369604301	342	4,084	SH		SOLE		0	0	4,084
GENERAL MILLS INC	COM	370334104	3,179	37,910	SH		SOLE		0	0	37,910
HOME DEPOT INC	COM	437076102	472	1,493	SH		SOLE		0	0	1,493
HONEYWELL INTL INC	COM	438516106	5,996	27,979	SH		SOLE		0	0	27,979
HUNTINGTON BANCSHARES INC	COM	446150104	445	31,561	SH		SOLE		0	0	31,561
ILLINOIS TOOL WORKS INC	COM	452308109	3,568	16,196	SH		SOLE		0	0	16,196
INTEL CORP	COM	458140100	3,682	139,298	SH		SOLE		0	0	139,298
INTERNATIONAL PAPER CO	COM	460146103	1,079	31,150	SH		SOLE		0	0	31,150
INTL BUS MACHINES CORP	COM	459200101	6,795	48,228	SH		SOLE		0	0	48,228
J P MORGAN CHASE & CO	COM	46625H100	7,907	58,964	SH		SOLE		0	0	58,964
JOHNSON & JOHNSON	COM	478160104	16,978	96,114	SH		SOLE		0	0	96,114
KEYCORP	COM	493267108	538	30,875	SH		SOLE		0	0	30,875
KIMBERLY-CLARK CORP	COM	494368103	2,474	18,224	SH		SOLE		0	0	18,224
LOCKHEED MARTIN CORP	COM	539830109	8,072	16,593	SH		SOLE		0	0	16,593
LOWES COMPANIES INC	COM	548661107	5,316	26,682	SH		SOLE		0	0	26,682
MARIJUANA COMPANY OF AMERICA	COM	56782E204	0	100,000	SH		SOLE		0	0	100,000
MCDONALDS CORP	COM	580135101	8,730	33,127	SH		SOLE		0	0	33,127
MERCK & CO INC	COM	58933Y105	11,243	101,336	SH		SOLE		0	0	101,336
MICROSOFT CORP	COM	594918104	27,854	116,146	SH		SOLE		0	0	116,146
NEXTERA ENERGY INC	COM	65339f101	4,800	57,417	SH		SOLE		0	0	57,417
NIKE INC	COM	654106103	374	3,198	SH		SOLE		0	0	3,198
NORTHEAST CMNTY BANCORP INC	COM	664121100	373	25,001	SH		SOLE		0	0	25,001
OLD NATL BANCORP	COM	680033107	212	11,810	SH		SOLE		0	0	11,810
PFIZER INC	COM	717081103	10,528	205,468	SH		SOLE		0	0	205,468
PHILIP MORRIS INTERNATIONAL IN	COM	718172109	1,762	17,413	SH		SOLE		0	0	17,413
PROCTER & GAMBLE CO	COM	742718109	14,342	94,630	SH		SOLE		0	0	94,630
RAYTHEON TECHNOLOGIES	COM	75513E101	2,815	27,889	SH		SOLE		0	0	27,889
REGIONS FINANCIAL CORP	COM	7591EP100	482	22,342	SH		SOLE		0	0	22,342
STRYKER CORP	COM	863667101	4,798	19,624	SH		SOLE		0	0	19,624
SYSCO CORP	COM	871829107	5,140	67,236	SH		SOLE		0	0	67,236
TESLA MOTORS INC	COM	88160R101	330	2,676	SH		SOLE		0	0	2,676
TEXAS INSTRUMENTS INC	COM	882508104	3,374	20,421	SH		SOLE		0	0	20,421
TJX COMPANIES INC	COM	872540109	3,454	43,386	SH		SOLE		0	0	43,386
TOTALENERGIES SE	COM	89151E109	2,140	34,474	SH		SOLE		0	0	34,474
U S BANCORP	COM	902973304	3,789	86,876	SH		SOLE		0	0	86,876
UNION PACIFIC CORP	COM	907818108	795	3,841	SH		SOLE		0	0	3,841
UNITED PARCEL SERVICE INC	COM	911312106	10,911	62,767	SH		SOLE		0	0	62,767
VERIZON COMMUNICATIONS INC	COM	92343V104	1,350	34,260	SH		SOLE		0	0	34,260
WAL-MART STORES INC	COM	931142103	10,718	75,592	SH		SOLE		0	0	75,592
WALGREENS BOOTS ALLIANCE INC	COM	931427108	1,035	27,692	SH		SOLE		0	0	27,692
WALT DISNEY CO	COM	254687106	3,209	36,941	SH		SOLE		0	0	36,941
WELLS FARGO & CO	COM	949746101	296	7,164	SH		SOLE		0	0	7,164
ISHARES CORE MSCI TOTAL INTERN	ETF	46432F834	1,629	28,151	SH		SOLE		0	0	28,151
ISHARES CORE S&P 500 INDEX	ETF	464287200	13,759	35,811	SH		SOLE		0	0	35,811
ISHARES CORE S&P MIDCAP 400 IN	ETF	464287507	14,459	59,775	SH		SOLE		0	0	59,775
ISHARES CORE S&P TOTAL US STOC	ETF	464287150	4,828	56,929	SH		SOLE		0	0	56,929
ISHARES RUSSELL 2000 INDEX	ETF	464287655	453	2,600	SH		SOLE		0	0	2,600
ISHARES S&P 500 VALUE INDEX	ETF	464287408	590	4,067	SH		SOLE		0	0	4,067
ISHARES S&P SMALLCAP 600 INDEX	ETF	464287804	3,916	41,375	SH		SOLE		0	0	41,375
SPDR PORTFOLIO S&P 500 VALUE E	ETF	78464A508	4,991	128,343	SH		SOLE		0	0	128,343
SPDR S&P 500 ETF	ETF	78462F103	210	550	SH		SOLE		0	0	550
SPDR S&P 600 SMALL CAP	ETF	78464A813	411	5,000	SH		SOLE		0	0	5,000
SPDR S&P MID CAP 400 ETF	ETF	78467Y107	854	1,928	SH		SOLE		0	0	1,928
VANGUARD TOTAL STOCK MARKET IN	ETF	922908769	273	1,429	SH		SOLE		0	0	1,429
CONSUMER DISCRETIONARY SELECT	ETF	81369Y407	342	2,645	SH		SOLE		0	0	2,645
CONSUMER STAPLES SELECT SECTOR	ETF	81369Y308	313	4,200	SH		SOLE		0	0	4,200
FIDELITY MCSI ENERGY INDEX	ETF	316092402	1,236	51,830	SH		SOLE		0	0	51,830
FIDELITY MCSI INFORMATION TECH	ETF	316092808	1,637	17,326	SH		SOLE		0	0	17,326
FIDELITY MCSI MATERIALS INDEX	ETF	316092881	305	6,998	SH		SOLE		0	0	6,998
FIDELITY MSCI CONSUMER DISCRET	ETF	316092204	744	13,124	SH		SOLE		0	0	13,124
FIDELITY MSCI CONSUMER STAPLES	ETF	316092303	920	20,522	SH		SOLE		0	0	20,522
FIDELITY MSCI FINANCIALS INDEX	ETF	316092501	1,319	27,508	SH		SOLE		0	0	27,508
FIDELITY MSCI HEALTHCARE INDEX	ETF	316092600	1,496	23,379	SH		SOLE		0	0	23,379
FIDELITY MSCI INDUSTRIALS INDE	ETF	316092709	1,541	30,384	SH		SOLE		0	0	30,384
FIDELITY MSCI TELECOMMUNICATIO	ETF	316092873	507	16,324	SH		SOLE		0	0	16,324
FIDELITY MSCI UTILITIES INDEX	ETF	316092865	406	8,911	SH		SOLE		0	0	8,911
FINANCIAL SELECT SECTOR SPDR	ETF	81369Y605	516	15,100	SH		SOLE		0	0	15,100
HEALTH CARE SELECT SECTOR SPDR	ETF	81369Y209	523	3,850	SH		SOLE		0	0	3,850
INDUSTRIAL SELECT SECTOR SPDR	ETF	81369Y704	646	6,575	SH		SOLE		0	0	6,575
TECHNOLOGY SELECT SECTOR SPDR	ETF	81369Y803	1,276	10,257	SH		SOLE		0	0	10,257