UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 11-K

FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND
SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

(Mark One)

☒ Annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2014

OR

☐ Transition report pursuant to Section 15(d) of the Securities Exchange Act of 1934 For the transition period from ____________________ to ____________________

Commission file number 001-16767

A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

401(k) Plan as Adopted by Westfield Bank

B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Westfield Financial, Inc.

141 Elm Street

Westfield, MA 01085

401(k) Plan as Adopted by Westfield Bank

Financial Statements and Supplemental Schedule for

the Years Ended December 31, 2014 and 2013

INDEX

The following financial information is submitted herewith:		Page
	Report of Independent Registered Public Accounting Firm	1
	Statements of Net Assets Available for Benefits at December 31, 2014 and 2013	2
	Statements of Changes in Net Assets Available for Benefits for the Years Ended December 31, 2014 and 2013	3
	Notes to Financial Statements for the Years Ended December 31, 2014 and 2013	4-15
	Schedule H, Line 4i – Schedule of Assets (held at end of year)	16

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

The Audit Committee

Westfield Financial, Inc.

Westfield, Massachusetts

We have audited the accompanying statements of net assets available for benefits of the 401(k) Plan as Adopted by Westfield Bank (the “Plan”) as of December 31, 2014 and 2013, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the 401(k) Plan as Adopted by Westfield Bank as of December 31, 2014 and 2013, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.

The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2014 has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but include supplemental information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information in the accompanying schedule, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information in the accompanying schedule is fairly stated in all material respects in relation to the financial statements as a whole.

/s/ Wolf & Company, P.C.

Boston, Massachusetts

June 29, 2015

401(k) Plan as Adopted by Westfield Bank

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

December 31, 2014 and 2013

	2014			2013
ASSETS
Investments at fair value:
Common stock of Westfield Financial, Inc.	$	1,243,665		$	1,258,247
Pooled separate accounts		10,305,177			9,307,713
Stable value fund		1,299,715			1,644,045
Mutual fund		285,850			239,029
Total investments at fair value		13,134,407			12,449,034
Notes receivable from participants		444,317			451,496
Net assets available for benefits at fair value		13,578,724			12,900,530
Adjustment from fair value to contract value for interest
relating to fully benefit-responsive investment contracts		(13,666	)		(9,950	)
Net assets available for benefits	$	13,565,058		$	12,890,580
See notes to financial statements.

2

401(k) Plan as Adopted by Westfield Bank

STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS

Years Ended December 31, 2014 and 2013

	2014		2013
Additions to net assets attributed to:
Investment income:
Net appreciation in fair value of investments	$	588,419	$	1,829,024
Interest and dividends		38,777		57,359
Total investment income		627,196		1,886,383
Interest income on notes receivable from participants		18,067		18,684
Contributions:
Participant		784,594		776,922
Employer		235,730		230,963
Rollovers		44,605		134,039
Total contributions		1,064,929		1,141,924
Total additions		1,710,192		3,046,991
Deductions from net assets attributed to:
Benefits paid to participants		1,028,825		1,070,448
Administrative expenses		6,889		6,565
Total deductions		1,035,714		1,077,013
Net increase		674,478		1,969,978
Net assets available for benefits:
Beginning of the year		12,890,580		10,920,602
End of the year	$	13,565,058	$	12,890,580

See notes to financial statements.

3

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

1.	DESCRIPTION OF THE PLAN
	The following description of the 401(k) Plan as Adopted by Westfield Bank (the “Plan”) provides only general information. Participants should refer to the Plan agreement for a complete description of the Plan’s provisions.
	General
	The Plan is a defined contribution plan covering substantially all salaried and hourly employees of Westfield Bank and subsidiaries and affiliates (the “Plan Sponsor” or the “Company”) who have at least three consecutive months of service and have attained age 21 or older. An officer of the Plan Sponsor serves as the Plan Administrator. Principal Financial Group is the custodian of the Plan. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”).
	Contributions
	Each year, participants may contribute up to 75 percent of their pretax annual compensation, as defined in the Plan, subject to certain Internal Revenue Code (“IRC”) limitations. The Company makes a matching contribution of 50 percent of the first 6 percent of compensation that a participant contributes to the Plan. In addition to employer matching contributions, the Company may make optional contributions for any Plan year, at its discretion. No discretionary contributions were made for the years ended December 31, 2014 and 2013. Participants may also contribute amounts representing distributions from other qualified defined benefit or defined contribution plans.
	Participant Accounts
	Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contribution, the Company’s matching contribution, and allocations of Company discretionary contributions and Plan earnings, and charged with withdrawals and an allocation of Plan losses. Allocations are based on participant compensation or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.

4

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

DESCRIPTION OF THE PLAN (Continued)

Investments

Participants direct the investment of their contributions into investment options offered by the Plan which include selected pooled separate accounts of The Principal Financial Group, common shares of Westfield Financial, Inc. (the parent company of Westfield Bank), a stable value fund and a mutual fund. Company contributions are invested in each participant’s account according to the participant’s selected allocation. Participants may change or transfer their investment options at any time via an automated telephone system or the custodian’s website.

Vesting

Participants are immediately vested in their voluntary contributions plus actual earnings thereon. Vesting in the Bank’s contribution portion of their accounts plus earnings thereon is based on continuous years of credited service. A participant is 100% vested after three years of credited service.

Notes Receivable from Participants

Participants may borrow from their fund accounts a minimum of $1,000. The maximum principal amount of any loan shall not exceed the lesser of (a) 50 percent of the vested balance of the borrower’s interest in the Plan determined immediately after the origination of the loan or (b) $50,000, reduced by the excess, if any, of the highest outstanding principal balance of loans from the Plan to the borrower during the one-year period ending on the day before the date of the new loan, over the outstanding balance of loans as of the date of the new loan.

Loan transactions are treated as transfers between the investment fund and the loan fund. Loan terms range from one to five years, or as determined by the Plan Administrator for the purchase of a primary residence. These loans are subject to the terms and conditions of the Plan’s loan program and Plan Administrator approval. The loans are secured by the balance in the participant’s account and bear interest at rates commensurate with local prevailing rates on similar types of loans at the time funds are borrowed as determined by the Plan Administrator. The interest rate on all outstanding loans was 4.25% at December 31, 2014.

5

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

	DESCRIPTION OF THE PLAN (Concluded)
	Payment of Benefits
	On termination of service due to death, disability or retirement, a participant may elect to receive either a lump-sum amount equal to the value of the participant’s vested interest in his or her account, or in certain cases, annual installments over a period of not more than the participant’s assumed life expectancy. For termination of service for other reasons, a participant may receive the value of the vested interest in his or her account as a lump-sum distribution.
	Forfeited Accounts
	Forfeited nonvested amounts are first used to pay administrative expenses then to reduce future employer contributions. Forfeited nonvested balances were $2,524 and $675 for the years ended December 31, 2014 and 2013, respectively.
	Administrative Expenses
	The Plan’s administrative expenses are paid by either the Plan or the Plan Sponsor as provided by the Plan document. Fees paid by the Plan to the custodian for administrative services were $6,889 and $6,565 for the years ended December 31, 2014 and 2013, respectively.
2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Basis of Accounting
	The accompanying financial statements have been prepared on the accrual basis of accounting.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires Plan management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein. Estimates are principally used in the determination of the fair value of investments. Actual results could differ from those estimates.

6

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Investment Valuation and Income Recognition

Fully benefit-responsive investment contracts held by a defined-contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined-contribution plan attributable to fully benefit-responsive investment contracts, because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan. As required, the statements of net assets available for benefits present the fair value of the investment as well as the adjustment of the investment from fair value to contract value relating to these guaranteed interest accounts (stable value fund). The statements of changes in net assets available for benefits are prepared on a contract value basis.

The Plan’s pooled separate accounts, mutual fund and stable value fund are valued at the net asset value (“NAV”) which is based on the fair value of the underlying assets of the accounts. Investments in common stock are valued at the closing price reported on the active market on which the individual securities are traded.

Purchases and sales of securities are recorded on a trade-date basis. Net appreciation or depreciation in the fair value of investments includes both realized and unrealized gains and losses. Gains and losses on investments sold are calculated using the average cost method and are recorded on a trade date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.

Excess Contributions Payable

The Plan is required to return contributions received during the Plan year in excess of the IRC limitations. There were no excess contributions for the years ended December 31, 2014 and 2013.

Benefits

Benefits are recorded when paid.

7

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Concluded)

Notes Receivable from Participants

Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent notes receivable are reclassified as distributions based upon the terms of the Plan document.

Recent Accounting Pronouncements

There were no recent accounting pronouncements adopted by the Plan for the year ended December 31, 2014.

Fair Value Hierarchy

The Plan groups its assets measured at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value.

Level 1 – Valuation is based on quoted prices in active markets for identical assets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets.

Level 2 – Valuation is based on observable inputs other than Level 1 prices, such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets.

Level 3 – Valuation is based on unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets. Level 3 assets include financial instruments whose value is determined using unobservable inputs to pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.

8

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

3.	INVESTMENTS
	The following is a summary of the fair value of investments at December 31, 2014 and 2013. Investments that individually represent five percent or more of the Plan’s net assets available for benefits are separately identified.

	2014			2013
Westfield Financial, Inc. Common Stock (169,437 shares
and 168,666 shares at December 31, 2014 and 2013, respectively)	$	1,243,665	*	$	1,258,247	*
The Principal Financial Group:
Bond and Mortgage Separate Account		300,496			296,356
Principal Lifetime 2010 Separate Account		112,660			107,302
Principal Lifetime 2015 Separate Account		1,040,284	*		763,581	*
Principal Lifetime 2020 Separate Account		680,214	*		577,588
Principal Lifetime 2025 Separate Account		133,694			70,323
Principal Lifetime 2030 Separate Account		1,192,715	*		1,030,336	*
Principal Lifetime 2035 Separate Account		26,815			16,515
Principal Lifetime 2040 Separate Account		876,779	*		838,860	*
Principal Lifetime 2045 Separate Account		88,730			69,675
Principal Lifetime 2050 Separate Account		239,647			214,391
Principal Lifetime 2055 Separate Account		61,241			67,682
Principal Lifetime Strategic Inc. Separate Account		12,110			8,103
Small Capital S&P 600 Index Separate Account		243,265			209,487
Middle Capital S&P 400 Index Separate Account		486,180			462,797
Large Capital S&P 500 Index Separate Account		1,117,707	*		880,956	*
Diversified International Separate Account		659,277			700,884	*
PIMCO Total Return C Fund		—			239,029
PIMCO Total Return R Fund		285,850			—
Morley Financial Services, Inc. Stable Value Fund		1,299,715	*		1,644,045	*
DFA/Vaughan Nelson/LA Capital Small Capital Value II Separate Account		227,337			236,406
Goldman Sachs/LA Capital Asset Management – Middle Capital Value I Separate Account		388,230			390,434
Robert Baird/William Blair Middle Capital Growth III Separate Account		235,374			268,070
T. Rowe/Clearbridge Advisors Large Capital Blend II Separate Account		483,701			352,004
Columbus Circle Investors Large Capital Growth Separate Account		571,411			530,398
TS&W/Herndon Large Capital Value I Separate Account		—			540,973
Westwood/Barrow Hanley Large Capital Value III Separate Account		630,336			—
AllianceBern/CCI/Brown Small Capital Growth I Separate Account		496,974			674,592	*
Investments at Fair Value	$	13,134,407		$	12,449,034

* Investments that represent 5% or more of net assets available for benefits.

9

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

INVESTMENTS (Continued)

During the years ended December 31, 2014 and 2013, the Plan’s investments (including gains and losses on investments bought and sold, as well as held, during the year) appreciated (depreciated) in value as follows:

	2014			2013
Pooled separate accounts	$	591,962		$	1,773,987
Stable value fund		10,225			13,608
Mutual fund		6,905			(16,024	)
Westfield Financial, Inc. common stock		(20,673	)		57,453
Net appreciation in fair value of investments	$	588,419		$	1,829,024

Stable Value Fund

In 2006, the Plan entered into a benefit-responsive investment contract with The Union Bond & Trust Company Principal Stable Value Fund (the “Fund”). Morley Financial Services, Inc. acts as the Fund’s investment advisor. The Union Bond & Trust Company maintains the contributions in a general account. The account is credited with earnings on the underlying investments and charged for participant withdrawals and administrative expenses. The investment contract is reflected in the financial statements at fair value as reported to the Plan by The Union Bond & Trust Company.

Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value. Contract value, as reported to the Plan by The Union Bond & Trust Company, represents invested principal plus accrued interest thereon. The contracts are nontransferable but provide for benefit responsive withdrawals and participant transfers to noncompeting options by Plan participants at contract value.

There are no reserves against contract value for credit risk of the contract issuer or otherwise. The fair value of the investment contract at December 31, 2014 and 2013 was $1,299,715 and $1,644,045 respectively. The gross crediting interest rate is based on a formula agreed upon with the issuer. The interest rates are reviewed on a monthly basis for resetting.

10

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

INVESTMENTS (Concluded)

Certain events may limit the ability of the Plan to transact at contract value. Such events include but may not be limited to the following: (1) the complete or partial termination of the Plan; (2) the establishment or activation of, or material change in, any Plan investment fund, or an amendment to the Plan or a change in the administration or operation of the Plan, including the removal of a group of employees from Plan coverage as a result of the sale or liquidation of a subsidiary or division or as a result of group layoffs or early retirement programs. The Plan Administrator does not believe that any of the events which could limit the Plan’s ability to transact at contract value with participants are probable of occurring.

The Union Bond & Trust Company can terminate the investment contract upon the event of default by the Plan if it determines in its reasonable discretion, such event has had, or is likely to have a material adverse effect on its interest with respect to the contract.

The following table sets forth the average yields earned by the Plan on its investment in the Fund for the years ended December 31, 2014 and 2013:

	2014			2013
Average yields:
Based on actual earnings		1.36	%		1.43	%
Based on interest rate credited to participants		1.48	%		1.28	%

4.	PLAN TERMINATION
	Although it has not expressed any intention to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions set forth in ERISA. In the event that the Plan is terminated, participants would become 100% vested in their accounts.
5.	FEDERAL INCOME TAX STATUS
	The Plan received a determination letter from the Internal Revenue Service, dated September 2, 2011, stating that the Plan, as designed, is in compliance with the applicable requirements of the IRC. The Plan’s management believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the IRC. Therefore, no provision for income tax has been included in the Plan’s financial statements.

11

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

	FEDERAL INCOME TAX STATUS (Concluded)
	Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by federal and state tax authorities. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions, however, there are currently no audits for any tax periods in progress. The Plan Administrator believes it is no longer subject to income tax examinations for years prior to 2011.
6.	TRANSACTIONS WITH PARTIES-IN-INTEREST
	The Plan has investments in the common stock of Westfield Financial, Inc., and pooled separate accounts managed by Principal Financial Group. Westfield Financial, Inc. is the holding company for Westfield Bank, a federally-chartered savings bank located in western Massachusetts and Plan Sponsor. Principal Financial Group is the custodian of the Plan and therefore these transactions qualify as party-in-interest transactions. Fees paid by the Company to the custodian for loan administration and other administrative services were $17,350 and $17,850 for the years ended December 31, 2014 and 2013, respectively.
7.	RISKS AND UNCERTAINTIES
	The Plan invests in a variety of investment vehicles and has concentrations in the stock of Westfield Financial, Inc., Union Bond & Trust Company Principal Stable Value Fund and separate accounts managed by Principal Financial Group. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risk factors in the near term could materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits and the statements of changes in net assets available for benefits.

12

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

8.	RECONCILIATION TO FORM 5500
	The following is a reconciliation of net assets available for benefits per the financial statements to Form 5500 at December 31, 2014 and 2013:

		2014		2013
Net assets available for benefits as reported in the statement of net assets available for benefits	$	13,565,058	$	12,890,580
Adjustment from contract value to fair value for interest relating to fully benefit-responsive investment contracts		13,666		9,950
Net assets per Form 5500	$	13,578,724	$	12,900,530

The following is a reconciliation of the net increase in net assets per the financial statements to Form 5500 for the year ended December 31, 2014:

Net increase in net assets per the statement of changes in net assets available for benefits	$	674,478
Adjustment from fair value to contract value for interest relating to fully benefit-responsive investment contracts		3,716
Net income per Form 5500	$	678,194

9.	FAIR VALUE MEASUREMENTS
	Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used at December 31, 2014.
	Common stocks – Common stocks are valued at the closing price reported on the active market on which the individual securities are traded.
	Pooled Separate Accounts – The pooled separate accounts are based on the net asset value (“NAV”) which is based on the fair value of the underlying assets of the accounts.
	Mutual Funds – Mutual funds are valued at the NAV of shares held by the Plan at year end.
	Stable Value Fund – This is a collective investment trust for which the NAV is based on the market value of its underlying investments. This fund contains synthetic investment contracts comprised of both underlying investment and contractual components which have observable Level 1 or Level 2 pricing inputs, including quoted prices for similar assets in active or non-active markets.

13

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

FAIR VALUE MEASUREMENTS (Continued)

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan Administrator believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following table sets forth by level, within the fair value hierarchy, the Plan’s assets measured at fair value on a recurring basis as of December 31, 2014 and 2013, respectively:

	Assets		2014
	Measured at		Fair Value Hierarchy Level
	Fair Value		Level 1		Level 2		Level 3
Common stock of Westfield Financial, Inc.	$	1,243,665	$	1,243,665	$	—	$	—
Pooled separate accounts:
Large U.S. equity		2,803,155		—		2,803,155		—
Small/mid U.S. equity		2,077,360		—		2,077,360		—
Balanced/asset allocation		4,464,889		—		4,464,889		—
International equity		659,277		—		659,277		—
Other		300,496		—		300,496		—
Stable value fund		1,299,715		—		1,299,715		—
Mutual fund		285,850		285,850		—		—
Total	$	13,134,407	$	1,529,515	$	11,604,892	$	—

14

401(k) Plan as Adopted by Westfield Bank

NOTES TO FINANCIAL STATEMENTS

December 31, 2014 and 2013

FAIR VALUE MEASUREMENTS (Concluded)

	Assets		2013
	Measured at		Fair Value Hierarchy Level
	Fair Value		Level 1		Level 2		Level 3
Common stock of Westfield Financial, Inc.	$	1,258,247	$	1,258,247	$	—	$	—
Pooled separate accounts:
Large U.S. equity		2,304,331		—		2,304,331		—
Small/mid U.S. equity		2,241,786		—		2,241,786		—
Balanced/asset allocation		3,764,356		—		3,764,356		—
International equity		700,884		—		700,884		—
Other		296,356		—		296,356		—
Stable value fund		1,644,045		—		1,644,045		—
Mutual fund		239,029		239,029		—		—
Total	$	12,449,034	$	1,497,276	$	10,951,758	$	—

There were no assets or liabilities measured at fair value on a non-recurring basis at December 31, 2014 or 2013. There were no liabilities measured at fair value on a recurring basis at December 31, 2014 or 2013.

15

401(k) Plan as Adopted by Westfield Bank

SCHEDULE H, LINE 4i - Schedule of Assets (held at end of year)

As of December 31, 2013

(a)	(b)	(c)
Identity of Issuer,
Borrower, Lessor,	Investment	Current
or Similar Party	Description	Value

*Westfield Financial, Inc. Common Stock	$	1,243,665
*The Principal Financial Group:
Bond and Mortgage Separate Account		300,496
Principal Lifetime 2010 Separate Account		112,660
Principal Lifetime 2015 Separate Account		1,040,284
Principal Lifetime 2020 Separate Account		680,214
Principal Lifetime 2025 Separate Account		133,694
Principal Lifetime 2030 Separate Account		1,192,715
Principal Lifetime 2035 Separate Account		26,815
Principal Lifetime 2040 Separate Account		876,779
Principal Lifetime 2045 Separate Account		88,730
Principal Lifetime 2050 Separate Account		239,647
Principal Lifetime 2055 Separate Account		61,241
Principal Lifetime Strategic Inc. Separate Account		12,110
Small Capital S&P 600 Index Separate Account		243,265
Middle Capital S&P 400 Index Separate Account		486,180
Large Capital S&P 500 Index Separate Account		1,117,707
Diversified International Separate Account		659,277
PIMCO Total Return R Fund		285,850
Morley Financial Services, Inc. Stable Value Fund		1,299,715
DFA/Vaughan Nelson/LA Capital Small Capital Value II Separate Account		227,337
Goldman Sachs/LA Capital Asset Management – Middle Capital Value I Separate Account		388,230
Robert Baird/William Blair Middle Capital Growth III Separate Account		235,374
T. Rowe/Clearbridge Advisors Large Capital Blend II Separate Account		483,701
Columbus Circle Investors Large Capital Growth Separate Account		571,411
Westwood/Barrow Hanley Large Capital Value III Separate Account		630,336
AllianceBern/CCI/Brown/Emerald Small Capital Growth I Separate Account		496,974
Investments at Fair Value		13,134,407
*Notes receivable from participants (4.25%)		444,317
Total assets held for investment purposes	$	13,578,724

* Indicates party-in-interest to the Plan.

There were no investment assets which were both acquired and disposed of during the Plan year.

16

SIGNATURES

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

	401(K) Plan as Adopted by Westfield Bank
Dated: June 29, 2015	By:	/s/ Leo R. Sagan, Jr.
		Leo R. Sagan, Jr. Chief Financial Officer

EXHIBITS

Exhibit
Number	Description of Exhibit
23.1	Consent of Wolf & Company, P.C., Independent Registered Public Accounting Firm