# EDGAR Filing Document

**Accession Number:** 0001108965
**File Stem:** 0001108965-25-000006
**Filing Date:** 2025-10
**Character Count:** 15957
**Document Hash:** f6067675f7502df1fc9486005c40b5fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001108965-25-000006.hdr.sgml**: 20251007

**ACCESSION NUMBER**: 0001108965-25-000006

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251007

**DATE AS OF CHANGE**: 20251007

**EFFECTIVENESS DATE**: 20251007

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LYNCH & ASSOCIATES/IN
- **CENTRAL INDEX KEY:** 0001108965

**ORGANIZATION NAME:**
- **EIN:** 351937126
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-05643
- **FILM NUMBER:** 251379352

**BUSINESS ADDRESS:**
- **STREET 1:** 10644 NEWBURGH ROAD
- **CITY:** NEWBURGH
- **STATE:** IN
- **ZIP:** 47716
- **BUSINESS PHONE:** 8128530878

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 5585
- **CITY:** EVANSVILLE
- **STATE:** IN
- **ZIP:** 47716

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** LYNCH  ASSOCIATES/IN<br>**Address:** PO BOX 5585<br>EVANSVILLE, IN 47716

**Form 13F File Number:** 028-05643

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Evan J. Lynch<br>**Title:** Associate<br>**Phone:** 812-853-0878

**Signature, Place, and Date of Signing:**

Evan J. Lynch  Newburgh, IN  10-07-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 127

**Form 13F Information Table Value Total:** $517851580

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M COMPANY | COM | 88579Y101 |  | 3920033 | 25261 | SH |  | SOLE |  | 0 | 0 | 25261 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 7388707 | 55164 | SH |  | SOLE |  | 0 | 0 | 55164 |
| ABBVIE INC | COM | 00287Y109 |  | 16334234 | 70546 | SH |  | SOLE |  | 0 | 0 | 70546 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 303743 | 4506 | SH |  | SOLE |  | 0 | 0 | 4506 |
| ALPHABET INC (GOOGLE) | COM | 02079K305 |  | 7682601 | 31603 | SH |  | SOLE |  | 0 | 0 | 31603 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2028922 | 30713 | SH |  | SOLE |  | 0 | 0 | 30713 |
| AMAZON COM | COM | 023135106 |  | 4370093 | 19903 | SH |  | SOLE |  | 0 | 0 | 19903 |
| AMGEN INC | COM | 031162100 |  | 1470544 | 5211 | SH |  | SOLE |  | 0 | 0 | 5211 |
| AMPHENOL CORP | COM | 032095101 |  | 247500 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| APPLE INC | COM | 037833100 |  | 12051765 | 47331 | SH |  | SOLE |  | 0 | 0 | 47331 |
| AUTOMATIC DATA PROCESSING INC | COM | 053015103 |  | 205450 | 700 | SH |  | SOLE |  | 0 | 0 | 700 |
| AVIDIA BANCORP | COM | 05369T100 |  | 227178 | 15206 | SH |  | SOLE |  | 0 | 0 | 15206 |
| BANK OF AMERICA CORP | COM | 060505104 |  | 7443869 | 144289 | SH |  | SOLE |  | 0 | 0 | 144289 |
| BERKSHIRE HATHAWAY INC CL B | COM | 084670702 |  | 6561034 | 13051 | SH |  | SOLE |  | 0 | 0 | 13051 |
| BOEING CO | COM | 097023105 |  | 4312186 | 19980 | SH |  | SOLE |  | 0 | 0 | 19980 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 511930 | 11351 | SH |  | SOLE |  | 0 | 0 | 11351 |
| BROADCOM INC | COM | 11135F101 |  | 1273322 | 3860 | SH |  | SOLE |  | 0 | 0 | 3860 |
| CAPITAL ONE FINANCIAL CORP | COM | 14040H105 |  | 4927392 | 23179 | SH |  | SOLE |  | 0 | 0 | 23179 |
| CATERPILLAR INC | COM | 149123101 |  | 337822 | 708 | SH |  | SOLE |  | 0 | 0 | 708 |
| CGI GROUP CL A | COM | 12532H104 |  | 483311 | 5423 | SH |  | SOLE |  | 0 | 0 | 5423 |
| CHEVRON CORP | COM | 166764100 |  | 8085527 | 52067 | SH |  | SOLE |  | 0 | 0 | 52067 |
| CHUBB LIMITED | COM | H1467J104 |  | 223542 | 792 | SH |  | SOLE |  | 0 | 0 | 792 |
| CIGNA CORP | COM | 125523100 |  | 1102556 | 3825 | SH |  | SOLE |  | 0 | 0 | 3825 |
| CINTAS CORP | COM | 172908105 |  | 670995 | 3269 | SH |  | SOLE |  | 0 | 0 | 3269 |
| CISCO SYSTEMS INC | COM | 17275R102 |  | 10271139 | 150119 | SH |  | SOLE |  | 0 | 0 | 150119 |
| COCA-COLA CO | COM | 191216100 |  | 6431378 | 96975 | SH |  | SOLE |  | 0 | 0 | 96975 |
| COLGATE-PALMOLIVE CO | COM | 194162103 |  | 1796944 | 22479 | SH |  | SOLE |  | 0 | 0 | 22479 |
| COSTCO WHSL CORP | COM | 22160K105 |  | 336004 | 363 | SH |  | SOLE |  | 0 | 0 | 363 |
| CSX CORP | COM | 126408103 |  | 332019 | 9350 | SH |  | SOLE |  | 0 | 0 | 9350 |
| CVS CAREMARK CORP | COM | 126650100 |  | 1870614 | 24813 | SH |  | SOLE |  | 0 | 0 | 24813 |
| DOW INC | COM | 260557103 |  | 322167 | 14050 | SH |  | SOLE |  | 0 | 0 | 14050 |
| DUKE ENERGY CORP | COM | 26441C204 |  | 3889153 | 31427 | SH |  | SOLE |  | 0 | 0 | 31427 |
| EASTERN BANKSHARES | COM | 27627N105 |  | 635250 | 35000 | SH |  | SOLE |  | 0 | 0 | 35000 |
| ELI LILLY  CO | COM | 532457108 |  | 6514494 | 8538 | SH |  | SOLE |  | 0 | 0 | 8538 |
| EMERSON ELEC CO | COM | 291011104 |  | 9816263 | 74830 | SH |  | SOLE |  | 0 | 0 | 74830 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 13485729 | 119607 | SH |  | SOLE |  | 0 | 0 | 119607 |
| FIRST HORIZON NTNL CORP FRAC 1 | COM | DCA517101 |  | 0 | 434329 | SH |  | SOLE |  | 0 | 0 | 434329 |
| FIRST SVGS FINL GROUP INC | COM | 33621E109 |  | 4793075 | 152500 | SH |  | SOLE |  | 0 | 0 | 152500 |
| GE AEROSPACE | COM | 369604301 |  | 952998 | 3168 | SH |  | SOLE |  | 0 | 0 | 3168 |
| GE VERNOVA INC | COM | 36828A101 |  | 295152 | 480 | SH |  | SOLE |  | 0 | 0 | 480 |
| GENERAL MILLS INC | COM | 370334104 |  | 1346617 | 26708 | SH |  | SOLE |  | 0 | 0 | 26708 |
| HOME DEPOT INC | COM | 437076102 |  | 2968422 | 7326 | SH |  | SOLE |  | 0 | 0 | 7326 |
| HONEYWELL INTL INC | COM | 438516106 |  | 5658606 | 26882 | SH |  | SOLE |  | 0 | 0 | 26882 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 280638 | 16250 | SH |  | SOLE |  | 0 | 0 | 16250 |
| ILLINOIS TOOL WORKS INC | COM | 452308109 |  | 4378291 | 16791 | SH |  | SOLE |  | 0 | 0 | 16791 |
| INTEL CORP | COM | 458140100 |  | 301447 | 8985 | SH |  | SOLE |  | 0 | 0 | 8985 |
| INTL BUS MACHINES CORP | COM | 459200101 |  | 13251548 | 46965 | SH |  | SOLE |  | 0 | 0 | 46965 |
| J P MORGAN CHASE  CO | COM | 46625H100 |  | 16982748 | 53840 | SH |  | SOLE |  | 0 | 0 | 53840 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 16524393 | 89119 | SH |  | SOLE |  | 0 | 0 | 89119 |
| KEYCORP | COM | 493267108 |  | 373333 | 19975 | SH |  | SOLE |  | 0 | 0 | 19975 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 1799863 | 14475 | SH |  | SOLE |  | 0 | 0 | 14475 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 7745838 | 15516 | SH |  | SOLE |  | 0 | 0 | 15516 |
| LOWES COMPANIES INC | COM | 548661107 |  | 6358940 | 25303 | SH |  | SOLE |  | 0 | 0 | 25303 |
| MARIJUANA COMPANY OF AMERICA | COM | 56782E204 |  | 0 | 200000 | SH |  | SOLE |  | 0 | 0 | 200000 |
| MCDONALDS CORP | COM | 580135101 |  | 10086091 | 33190 | SH |  | SOLE |  | 0 | 0 | 33190 |
| MEDTRONIC PLC | COM | G5960L103 |  | 1031163 | 10827 | SH |  | SOLE |  | 0 | 0 | 10827 |
| MERCK  CO INC | COM | 58933Y105 |  | 7584110 | 90362 | SH |  | SOLE |  | 0 | 0 | 90362 |
| META PLATFORMS INC | COM | 30303M102 |  | 2697378 | 3673 | SH |  | SOLE |  | 0 | 0 | 3673 |
| MICROSOFT CORP | COM | 594918104 |  | 52878188 | 102091 | SH |  | SOLE |  | 0 | 0 | 102091 |
| NB BANCORP | COM | 63945M107 |  | 994295 | 56334 | SH |  | SOLE |  | 0 | 0 | 56334 |
| NEXTERA ENERGY INC | COM | 65339f101 |  | 4533627 | 60056 | SH |  | SOLE |  | 0 | 0 | 60056 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1397205 | 7489 | SH |  | SOLE |  | 0 | 0 | 7489 |
| ORACLE CORP | COM | 68389X105 |  | 839501 | 2985 | SH |  | SOLE |  | 0 | 0 | 2985 |
| PALANTIR TECHNOLOGIES INC | COM | 69608A108 |  | 240247 | 1317 | SH |  | SOLE |  | 0 | 0 | 1317 |
| PFIZER INC | COM | 717081103 |  | 1945143 | 76340 | SH |  | SOLE |  | 0 | 0 | 76340 |
| PHILIP MORRIS INTERNATIONAL IN | COM | 718172109 |  | 2495788 | 15387 | SH |  | SOLE |  | 0 | 0 | 15387 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 13382723 | 87099 | SH |  | SOLE |  | 0 | 0 | 87099 |
| REGIONS FINANCIAL CORP | COM | 7591EP100 |  | 409552 | 15531 | SH |  | SOLE |  | 0 | 0 | 15531 |
| RTX CORPORATION | COM | 75513E101 |  | 5664748 | 33854 | SH |  | SOLE |  | 0 | 0 | 33854 |
| SHERWIN-WILLIAMS CORP | COM | 824348106 |  | 2041545 | 5896 | SH |  | SOLE |  | 0 | 0 | 5896 |
| STRYKER CORP | COM | 863667101 |  | 6688421 | 18093 | SH |  | SOLE |  | 0 | 0 | 18093 |
| SYSCO CORP | COM | 871829107 |  | 4900842 | 59520 | SH |  | SOLE |  | 0 | 0 | 59520 |
| TESLA MOTORS INC | COM | 88160R101 |  | 386906 | 870 | SH |  | SOLE |  | 0 | 0 | 870 |
| TEXAS INSTRUMENTS INC | COM | 882508104 |  | 4889423 | 26612 | SH |  | SOLE |  | 0 | 0 | 26612 |
| TJX COMPANIES INC | COM | 872540109 |  | 5291024 | 36606 | SH |  | SOLE |  | 0 | 0 | 36606 |
| TOTALENERGIES SE | COM | 89151E109 |  | 1847764 | 30956 | SH |  | SOLE |  | 0 | 0 | 30956 |
| U S BANCORP | COM | 902973304 |  | 3450243 | 71389 | SH |  | SOLE |  | 0 | 0 | 71389 |
| UNION PACIFIC CORP | COM | 907818108 |  | 1783412 | 7545 | SH |  | SOLE |  | 0 | 0 | 7545 |
| UNITED PARCEL SERVICE INC | COM | 911312106 |  | 3772704 | 45166 | SH |  | SOLE |  | 0 | 0 | 45166 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1535729 | 34943 | SH |  | SOLE |  | 0 | 0 | 34943 |
| VISA INC COM | COM | 92826C839 |  | 2719092 | 7965 | SH |  | SOLE |  | 0 | 0 | 7965 |
| WAL-MART STORES INC | COM | 931142103 |  | 19533598 | 189536 | SH |  | SOLE |  | 0 | 0 | 189536 |
| WALT DISNEY CO | COM | 254687106 |  | 3623144 | 31643 | SH |  | SOLE |  | 0 | 0 | 31643 |
| WASTE MANAGEMENT INC | COM | 94106L109 |  | 681481 | 3086 | SH |  | SOLE |  | 0 | 0 | 3086 |
| WELLS FARGO  CO | COM | 949746101 |  | 562684 | 6713 | SH |  | SOLE |  | 0 | 0 | 6713 |
| WINCHESTER BANCORP INC | COM | 97269D103 |  | 125898 | 13183 | SH |  | SOLE |  | 0 | 0 | 13183 |
| ISHARES CORE S 500 INDEX | ETF | 464287200 |  | 22457735 | 33554 | SH |  | SOLE |  | 0 | 0 | 33554 |
| ISHARES CORE S MIDCAP 400 IN | ETF | 464287507 |  | 20060758 | 307397 | SH |  | SOLE |  | 0 | 0 | 307397 |
| ISHARES CORE S TOTAL US STOC | ETF | 464287150 |  | 8229813 | 56504 | SH |  | SOLE |  | 0 | 0 | 56504 |
| ISHARES RUSSELL 2000 INDEX | ETF | 464287655 |  | 629096 | 2600 | SH |  | SOLE |  | 0 | 0 | 2600 |
| ISHARES S 500 VALUE INDEX | ETF | 464287408 |  | 630682 | 3054 | SH |  | SOLE |  | 0 | 0 | 3054 |
| ISHARES S SMALLCAP 600 INDEX | ETF | 464287804 |  | 6822327 | 57413 | SH |  | SOLE |  | 0 | 0 | 57413 |
| SCHWAB STRATEGIC TR US DIVIDEN | ETF | 808524797 |  | 4493061 | 164581 | SH |  | SOLE |  | 0 | 0 | 164581 |
| SPDR PORTFOLIO S 500 VALUE E | ETF | 78464A508 |  | 8571801 | 154921 | SH |  | SOLE |  | 0 | 0 | 154921 |
| SPDR PORTFOLIO S 600 SMALL C | ETF | 78468R853 |  | 514800 | 11114 | SH |  | SOLE |  | 0 | 0 | 11114 |
| SPDR S 500 ETF | ETF | 78462F103 |  | 368364 | 553 | SH |  | SOLE |  | 0 | 0 | 553 |
| SPDR S MID CAP 400 ETF | ETF | 78467Y107 |  | 1037092 | 1740 | SH |  | SOLE |  | 0 | 0 | 1740 |
| VANGUARD S 500 VALUE INDEX F | ETF | 921932703 |  | 259311 | 1300 | SH |  | SOLE |  | 0 | 0 | 1300 |
| VANGUARD TOTAL INTL STOCK INDE | ETF | 921909768 |  | 3124070 | 42528 | SH |  | SOLE |  | 0 | 0 | 42528 |
| VANGUARD TOTAL STOCK MARKET IN | ETF | 922908769 |  | 472237 | 1439 | SH |  | SOLE |  | 0 | 0 | 1439 |
| CAPITAL GROUP CORE EQUITY ETF | ETF | 14020V108 |  | 1355352 | 34278 | SH |  | SOLE |  | 0 | 0 | 34278 |
| CAPITAL GROUP DIVIDEND VALUE E | ETF | 14020W106 |  | 1639800 | 39015 | SH |  | SOLE |  | 0 | 0 | 39015 |
| CAPITAL GROUP GROWTH ETF | ETF | 14020G101 |  | 1450326 | 33022 | SH |  | SOLE |  | 0 | 0 | 33022 |
| DIMENSIONAL US EQUITY ETF | ETF | 25434V401 |  | 212032 | 2927 | SH |  | SOLE |  | 0 | 0 | 2927 |
| DIMENSIONAL US SMALL CAP ETF | ETF | 25434V500 |  | 425547 | 6216 | SH |  | SOLE |  | 0 | 0 | 6216 |
| FIDELITY ENHANCED INTERNATIONA | ETF | 31609A404 |  | 1255727 | 35593 | SH |  | SOLE |  | 0 | 0 | 35593 |
| FIDELITY ENHANCED MID CAP ETF | ETF | 31609A503 |  | 2115025 | 58507 | SH |  | SOLE |  | 0 | 0 | 58507 |
| FIDELITY ENHANCED SMALL CAP ET | ETF | 31609A206 |  | 593887 | 16244 | SH |  | SOLE |  | 0 | 0 | 16244 |
| FIRST TRUST EXCHANGE-TRADED FD | ETF | 33733E104 |  | 985467 | 10524 | SH |  | SOLE |  | 0 | 0 | 10524 |
| FIRST TRUST EXCHANGE-TRADED FD | ETF | 33738R506 |  | 1229782 | 18284 | SH |  | SOLE |  | 0 | 0 | 18284 |
| CONSUMER DISCRETIONARY SELECT | ETF | 81369Y407 |  | 679140 | 2834 | SH |  | SOLE |  | 0 | 0 | 2834 |
| CONSUMER STAPLES SELECT SECTOR | ETF | 81369Y308 |  | 312069 | 3982 | SH |  | SOLE |  | 0 | 0 | 3982 |
| FIDELITY MCSI ENERGY INDEX | ETF | 316092402 |  | 1421845 | 57518 | SH |  | SOLE |  | 0 | 0 | 57518 |
| FIDELITY MCSI INFORMATION TECH | ETF | 316092808 |  | 5261430 | 23682 | SH |  | SOLE |  | 0 | 0 | 23682 |
| FIDELITY MCSI MATERIALS INDEX | ETF | 316092881 |  | 569390 | 10860 | SH |  | SOLE |  | 0 | 0 | 10860 |
| FIDELITY MSCI CONSUMER DISCRET | ETF | 316092204 |  | 1963068 | 19083 | SH |  | SOLE |  | 0 | 0 | 19083 |
| FIDELITY MSCI CONSUMER STAPLES | ETF | 316092303 |  | 1459216 | 29278 | SH |  | SOLE |  | 0 | 0 | 29278 |
| FIDELITY MSCI FINANCIALS INDEX | ETF | 316092501 |  | 2727204 | 35724 | SH |  | SOLE |  | 0 | 0 | 35724 |
| FIDELITY MSCI HEALTHCARE INDEX | ETF | 316092600 |  | 2316979 | 34649 | SH |  | SOLE |  | 0 | 0 | 34649 |
| FIDELITY MSCI INDUSTRIALS INDE | ETF | 316092709 |  | 2189928 | 26726 | SH |  | SOLE |  | 0 | 0 | 26726 |
| FIDELITY MSCI REAL ESTATE INDE | ETF | 316092857 |  | 335722 | 12072 | SH |  | SOLE |  | 0 | 0 | 12072 |
| FIDELITY MSCI TELECOMMUNICATIO | ETF | 316092873 |  | 1763959 | 24855 | SH |  | SOLE |  | 0 | 0 | 24855 |
| FIDELITY MSCI UTILITIES INDEX | ETF | 316092865 |  | 821751 | 14552 | SH |  | SOLE |  | 0 | 0 | 14552 |
| FINANCIAL SELECT SECTOR SPDR | ETF | 81369Y605 |  | 849799 | 15775 | SH |  | SOLE |  | 0 | 0 | 15775 |
| HEALTH CARE SELECT SECTOR SPDR | ETF | 81369Y209 |  | 521052 | 3744 | SH |  | SOLE |  | 0 | 0 | 3744 |
| INDUSTRIAL SELECT SECTOR SPDR | ETF | 81369Y704 |  | 983216 | 6375 | SH |  | SOLE |  | 0 | 0 | 6375 |
| TECHNOLOGY SELECT SECTOR SPDR | ETF | 81369Y803 |  | 2850732 | 10114 | SH |  | SOLE |  | 0 | 0 | 10114 |

---