WaterStone Bank, SSB Reports – 310978

WaterStone Bank, SSB Financial Reports

Quarter Ended: 2024-12-31

Data Updated on: 03/14/2025

WaterStone Bank, SSB is a N/A located in Wauwatosa, WI. Established on 01/01/1921, the bank is regulated by the FDIC and has 16 domestic offices. It operates in the Milwaukee-Waukesha, WI.

The bank has 600 employees and holds $2,207,930k in total assets. With a focus on community banking, the bank has been serving its customers since 01/01/1921.

Learn more about WaterStone Bank, SSB on Visbanking Report Portal. See pricing on Visbanking Pricing Page or request a demo on Request Demo Page. Follow us on Linkedin for more information about the US Banking System Visbanking Linkedin Page for the latest updates.

Talk with the Founder

WaterStone Bank, SSB Institution Profile

Established Date 01/01/1921 Institution Class N/A
Primary Regulator FDIC Number of Domestic Offices 16
Number of Foreign Offices 0 Number of US Offices 0
Number of Employees 600 Directly owned by another bank (CERT) No
Community Bank Yes ZIP 53226
Ownership Type Not Mutual City Wauwatosa
State Alpha code WI State and County Number 55079
Subchapter S Corporations No Trust Powers Trust Powers Not Known
Federal Reserve ID Number 7 Federal Reserve ID Number Description N/A
Office of The Comptroller District: N/A Office of Thrift Supervision Region N/A
Last Structure Change Effective Date 07/30/2024 Date of Deposit Insurance 08/09/1989
Primary Insurance Agency DIF

Institution Profile Overview

Delve into the foundational details of WaterStone Bank, SSB with our “Institution Profile” table. The 01/01/1921 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence.

16 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Wauwatosa, WI, and 53226 provide geographic context. Explore these attributes to gain a holistic view of WaterStone Bank, SSB in the financial landscape.

WaterStone Bank, SSB Financials

(USD, in thousands)

Total Assets $2,207,930 Total Liabilities $1,879,785
Total Equity Capital $328,145 Total Deposits $1,399,098
Net Loans and Leases $1,798,238 Total Interest Income $29,297
Total Noninterest Income $18,573 Total Interest Expense $16,241
Total Noninterest Expense $25,201 Tier 1 Risk-Based Capital Ratio 19.21%
Net Loans and Leases to Core Deposits 153.78% Return on Assets 0.92%
Return on Equity 6.22% Efficiency Ratio 79.77%

Financial Performance Overview

Gain a comprehensive perspective on WaterStone Bank, SSB’s financial landscape through our “Financials” table. The bank boasts total assets of $2,207,930k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $1,879,785k and total equity capital at $328,145k.

Delve into key operational metrics, including total deposits of $1,399,098k, net loans and leases at $1,798k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 19.2079, and Return on Assets at 0.92. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of WaterStone Bank, SSB’s performance and competitive positioning within the financial industry.

WaterStone Bank, SSB Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x) $0 Net Loans and Leases to Core Deposits 153.78%
Tier 1 Risk-Based Capital Ratio 19.21% Securities Gains (Losses) -$1
Goodwill and Other Intangibles N/A Cost of Funding Earning Assets 3.16%
Yield on Earning Assets 5.70% Total Interest Income $29,297
Applicable Income Taxes $970 Loss Allowance to Loans and Leases 1.00%
Net Loans and Leases $1,798,238 Loss Allowance to Noncurrent Loans and Leases 322.10%
Noncurrent Loans to Loans 0.31% Net Income Attributable to Bank and Noncontrolling Interests $5,090
Net Interest Income $13,056 Net Interest Margin 2.54%
Net Operating Income to Assets 0.92% Noninterest Income to Average Assets 3.34%
Total Noninterest Income $18,573 Noninterest Expense to Average Assets 4.53%
Total Noninterest Expense $25,201 Net Charge-Offs to Loans and Leases 0.01%
All Other Assets $136,480 Other Real Estate Owned $505
Other borrowed funds $446,519 Pre-tax Net Operating Income $6,061
Pretax Return on Assets 1.09% Return on Assets 0.92%
Retained Earnings to Average Equity (YTD only) 2.98%

Insights into Financial Metrics

Enhance your understanding of WaterStone Bank, SSB‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $1,798,238k and Net Interest Income $13,056k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 19.2079 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: 0.01 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $18,573k and evaluate operational efficiency using metrics like Efficiency Ratio: 79.77. This nuanced financial overview empowers a comprehensive analysis of WaterStone Bank, SSB‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of WaterStone Bank, SSB?

The asset size of WaterStone Bank, SSB is approximately $2,207,930k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of WaterStone Bank, SSB compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For WaterStone Bank, SSB, this ratio stands at
128.53%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for WaterStone Bank, SSB?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 19.2079.

What is the net interest margin of WaterStone Bank, SSB, and how has it trended over the past year?

The current net interest margin is 2.54. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on WaterStone Bank, SSB’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For WaterStone Bank, SSB, this stands at 0.3119.

Are there any recent regulatory changes that could impact WaterStone Bank, SSB’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting WaterStone Bank, SSB. For tailored insights, please consult our expert or access our detailed reports.

What is the history of WaterStone Bank, SSB?

WaterStone Bank, SSB was established on 01/01/1921. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is WaterStone Bank, SSB FDIC insured?

Yes, WaterStone Bank, SSB is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for WaterStone Bank, SSB in OK?

The routing number for WaterStone Bank, SSB in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is WaterStone Bank, SSB?

WaterStone Bank, SSB is a significant player in the financial sector with total assets valued at $2,207,930k and a network of 16 domestic offices.

Is WaterStone Bank, SSB a local bank?

WaterStone Bank, SSB is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about WaterStone Bank, SSB. Get more data about WaterStone Bank, SSB on Visbanking Report Portal.