Watertown Savings Bank
Watertown, MA
IDRSSD: 886204
Total Assets
$1.43B
Latest filing
Total Deposits
$1.25B
Latest filing
Net Interest Margin
2.82%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
1 routeView all→
211370176WATERTOWN, MA
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Watertown Savings Bank
60 Main St
Watertown, MA 02472
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/18/1870FDIC Certificate 16331
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Watertown Savings Bank (Main) | 60 Main St | Watertown, MA |
| WARRENDALE BRANCH | 739 Main St | Watertown, MA |
| WAVERLY SQUARE BRANCH | 30 Church St | Belmont, MA |
| EAST WATERTOWN BRANCH | 10 Bigelow Ave | Watertown, MA |
| NONANTUM BRANCH | 175 Watertown St | Watertown, MA |
| WATERTOWN SQUARE DRIVE UP BRANCH | 45 Church St | Watertown, MA |
| WALTHAM BRANCH | 6 Lexington St | Waltham, MA |
| ARLINGTON BRANCH | 980 Massachusetts Ave | Arlington, MA |
Showing 7 of 9
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 member, supervised by FRB |
| Primary Regulator | FED |
| Established Date | 04/18/1870 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 02472 |
| State and County Number | 25017 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 15 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Boston-Cambridge-Newton, MA-NH |
Operational Info
| Number of Employees | 107 |
| Domestic Offices | 10 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/17/2024 |
| Date of Deposit Insurance | 01/02/1981 |
| Primary Insurance Agency | DIF |
| Website | www.watertownsavings.com |
| Data Updated | 01/30/2026 |
| CERT | 23298 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $1.43B |
| Total Deposits | $1.25B |
| Total Liabilities | $1.27B |
| Total Equity Capital | $165.24M |
| Net Income | $2.21M |
| Net Loans and Leases | $634.96M |
| Assets Per Employee ($Millions) | $13.04M |
| Bank Premises and Fixed Assets | $20.15M |
| Cash and Balances due from Depository Institutions | $104.45M |
| Deposits Held in Domestic Offices | $1.25B |
Key Performance Ratios
| Return on Assets (ROA) | 0.61% |
| Return on Equity (ROE) | 5.42% |
| Net Interest Margin | 2.82% |
| Efficiency Ratio | 73.81% |
| Tier 1 Risk-Based Capital Ratio | 28.74% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 11.517% |
| Earning Assets to total Assets | 93.58% |
Income and Expense
| Total Interest Income | $13.93M |
| Total Noninterest Income | $1.05M |
| Total Interest Expense | $4.35M |
| Total Noninterest Expense | $7.85M |
| Net Interest Income | $9.58M |
| Pre-tax Net Operating Income | $2.78M |
| Provision for Credit Losses | $0 |
| 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 | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $19.55M |
| Total Liabilities and Capital | $1.43B |
Securities
| Securities | $609.82M |
| Available-for-sale debt securities | $416.43M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $193.38M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Watertown Savings Bank?
$1.43B as of the latest filing.
How much are Watertown Savings Bank's total deposits?
$1.25B in total deposits.
Where is Watertown Savings Bank located?
Watertown, MA.
What is the Net Interest Margin?
2.82%.
How many domestic offices does it operate?
10.
When was it established?
04/18/1870.
What is the Return on Assets (ROA)?
0.61%.
How much are total loans and leases?
$634.96M (latest filing).
What is the total interest income (latest filing)?
$13.93M.