 WOOSTER, Ohio, April 19, 2021 GLOBE NEWSWIRE -- Wayne Savings Bancshares, Inc. OTCQX: WAYN, the Company, the holding company parent of Wayne Savings Community Bank, reported net income unaudited of 1,887,000, or 0.76 per common share, for the quarter ended March 31, 2021. This represents an increase of 570,000, or 43.3, compared to 1,317,000, or 0.51 per common share, for the quarter ended March 31, 2020. The increase in net income was due to an increase in net interest income and a decrease in provision for loan losses, partially offset with an increase in non-interest expenses and increased provision for federal income taxes. The return on average equity and return on average assets for the first quarter of 2021 was 14.22 and 1.26, respectively, compared to 10.65 and 1.07, respectively, for the same period in 2020. 