Watertown Savings Bank
Watertown, NY
IDRSSD: 298218
Total Assets
$941.39M
Latest filing
Total Deposits
$762.65M
Latest filing
Net Interest Margin
4.68%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
221371356WATERTOWN, NY
Key People
Loading leadership data...
Locations
Main office and branches. Select to view on the map.
Main Office
Watertown Savings Bank
111 Clinton St
Watertown, NY 13601
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1894FDIC Certificate 10221
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Watertown Savings Bank (Main) | 111 Clinton St | Watertown, NY |
| ALEXANDRIA BAY BRANCH | 4 Market St | Alexandria Bay, NY |
| STATE STREET BRANCH | 1816 State Street | Watertown, NY |
| ADAMS BRANCH | 10729 Us Route 11 | Adams, NY |
| WATERTOWN BRANCH | 101 Commerce Park Dr | Watertown, NY |
| CLINTON STREET BRANCH | 140 Clinton St | Watertown, NY |
| SACKETS HARBOR BRANCH | 100 West Main Street | Sackets Harbor, NY |
| CLAYTON JAMES ST BRANCH | 352 James St | Clayton, NY |
Showing 7 of 9
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
WSB Municipal Bank
Watertown, New York
→
Assets: $152.60MΔ -83.9%
Walden Savings Bank
Montgomery, New York
→
Assets: $956.81MΔ +0.8%
Ballston Spa National Bank
Ballston Spa, New York
→
Assets: $914.21MΔ -3.7%
First Central Savings Bank
Glen Cove, New York
→
Assets: $992.77MΔ +4.6%
Amerasia Bank
Flushing, New York
→
Assets: $993.85MΔ +4.7%
Adirondack Bank
Utica, New York
→
Assets: $1.00BΔ +5.6%
Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 01/01/1894 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 13601 |
| State and County Number | 36045 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 02 |
| Numeric code | 42 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Watertown-Fort Drum, NY |
Operational Info
| Number of Employees | 121 |
| Domestic Offices | 10 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 07/01/1943 |
| Primary Insurance Agency | DIF |
| Website | www.watersavingsbank.com |
| Data Updated | 01/30/2026 |
| CERT | 15990 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $941.39M |
| Total Deposits | $762.65M |
| Total Liabilities | $771.81M |
| Total Equity Capital | $169.58M |
| Net Income | $667.00k |
| Net Loans and Leases | $576.41M |
| Assets Per Employee ($Millions) | $7.65M |
| Bank Premises and Fixed Assets | $17.72M |
| Cash and Balances due from Depository Institutions | $57.45M |
| Deposits Held in Domestic Offices | $762.65M |
Key Performance Ratios
| Return on Assets (ROA) | 0.28% |
| Return on Equity (ROE) | 1.58% |
| Net Interest Margin | 4.68% |
| Efficiency Ratio | 83.65% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.18% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 18.014% |
| Earning Assets to total Assets | 91.06% |
Income and Expense
| Total Interest Income | $11.00M |
| Total Noninterest Income | $1.27M |
| Total Interest Expense | $941.00k |
| Total Noninterest Expense | $9.48M |
| Net Interest Income | $10.06M |
| Pre-tax Net Operating Income | $1.44M |
| Provision for Credit Losses | $417.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $200.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $9.16M |
| Total Liabilities and Capital | $941.39M |
Securities
| Securities | $232.47M |
| Available-for-sale debt securities | $206.20M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $14.69M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Watertown Savings Bank?
$941.39M as of the latest filing.
How much are Watertown Savings Bank's total deposits?
$762.65M in total deposits.
Where is Watertown Savings Bank located?
Watertown, NY.
What is the Net Interest Margin?
4.68%.
How many domestic offices does it operate?
10.
When was it established?
01/01/1894.
What is the Return on Assets (ROA)?
0.28%.
How much are total loans and leases?
$576.41M (latest filing).
What is the total interest income (latest filing)?
$11.00M.