Westfield Financial, the holding company for Westfield Bank, reported a 9.1 percent decrease in net income for the third quarter, to $2 million, from $2.2 million in the same period last year.

For the nine months ended Sept. 30, net income was $6 million, compared to $6.1 million for the same period in 2007.

Both the three months and nine months ended Sept. 30 showed an increase in net interest income; however, this was offset by increased noninterest expenses and an increase in the provision for loan losses, the company said.

Total assets increased $33.6 million to $1.1 billion as of Sept. 30, from $1 billion on Dec. 31 last year.