Waterman Bank
Waterman, IL
IDRSSD: 604640
Total Assets
$166.87M
Latest filing
Total Deposits
$138.12M
Latest filing
Net Interest Margin
4.91%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
071916482WATERMAN, IL
Key People
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Locations
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Main Office
Waterman Bank
248 W Lincoln Hwy
Waterman, IL 60556
Full Service - Brick and Mortar
Updated 01/30/2026Established 08/25/1908FDIC Certificate 6960
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Waterman Bank (Main) | 248 W Lincoln Hwy | Waterman, IL |
| MONTGOMERY BRANCH | 1333 Douglas Ave | Montgomery, IL |
| WATERMAN BANK BRANCH | 1747 W North Ave | Chicago, IL |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 08/25/1908 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 60556 |
| State and County Number | 17037 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Chicago-Naperville-Elgin, IL-IN-WI |
Operational Info
| Number of Employees | 43 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 04/02/2023 |
| Date of Deposit Insurance | 01/01/1934 |
| Primary Insurance Agency | DIF |
| Website | www.watermanbank.com |
| Data Updated | 01/30/2026 |
| CERT | 10878 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $166.87M |
| Total Deposits | $138.12M |
| Total Liabilities | $141.48M |
| Total Equity Capital | $25.39M |
| Net Income | $291.00k |
| Net Loans and Leases | $116.62M |
| Assets Per Employee ($Millions) | $3.63M |
| Bank Premises and Fixed Assets | $2.37M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $138.12M |
Key Performance Ratios
| Return on Assets (ROA) | 0.7% |
| Return on Equity (ROE) | 4.61% |
| Net Interest Margin | 4.91% |
| Efficiency Ratio | 79.34% |
| Tier 1 Risk-Based Capital Ratio | 19.281% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.14% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 15.217% |
| Earning Assets to total Assets | 93.96% |
Income and Expense
| Total Interest Income | $2.96M |
| Total Noninterest Income | $655.00k |
| Total Interest Expense | $1.04M |
| Total Noninterest Expense | $2.09M |
| Net Interest Income | $1.92M |
| Pre-tax Net Operating Income | $418.00k |
| Provision for Credit Losses | $60.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $1.75M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $1.61M |
| Total Liabilities and Capital | $166.87M |
Securities
| Securities | $9.77M |
| Available-for-sale debt securities | $9.77M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Waterman Bank?
$166.87M as of the latest filing.
How much are Waterman Bank's total deposits?
$138.12M in total deposits.
Where is Waterman Bank located?
Waterman, IL.
What is the Net Interest Margin?
4.91%.
How many domestic offices does it operate?
3.
When was it established?
08/25/1908.
What is the Return on Assets (ROA)?
0.7%.
How much are total loans and leases?
$116.62M (latest filing).
What is the total interest income (latest filing)?
$2.96M.