WaterStone Bank, SSB in Wauwatosa, Wisconsin (WI)
Overview, Financial Summary, Detailed Financial Reports, Branches


WaterStone Bank, SSB - Overview

  • General
  • FDIC Certificate #: 28513
    Status: Active
    Federal Reserve ID: 310978
    Date Established: January 01, 1921
    WWW: http://www.wsbonline.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 1749
    FDIC's unique #: 41347
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 02, 1939
    Last Structure Change Effective Date: December 01, 2009
    Last Structure Change Process Date: December 09, 2009
    Last Data Update: December 09, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 11200 West Plank Court, Wauwatosa, WI 53226
    County: Milwaukee
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Milwaukee
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Milwaukee-Waukesha, WI (#5080)
    Consolidated Metropolitan Statistical Area (CMSA): Milwaukee-Racine, WI (#63)
    Combined Statistical Area (CSA): Milwaukee-Racine-Waukesha, WI (#376)
    Core Based Statistical Area (CBSA): Milwaukee-Waukesha-West Allis, WI (#33340)
    CBSA Metro Statistical Area: Milwaukee-Waukesha-West Allis, WI (#33340)
  • Financial Summary
  • Total assets: $1,707.7 mil
    Equity capital: $160.9 mil
    Deposits held in domestic offices: $1,071.7 mil
    Return on assets (ROA): -0.47% (-$8.0 mil)
    Quarterly return on assets: -1.23% (-$21.0 mil)
    Return on Equity (ROE): -5.02% (-$8.1 mil)
    Quarterly return on equity: -13.03% (-$21.0 mil)
    Net income: -$8.3 mil
    Quarterly Net income: -$5.3 mil
    Pretax return on assets: -0.44% (-$7,514.0 mil)
    Quarterly Pretax return on assets: -0.95% (-$16,223.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 574Total employees (full-time equivalent)
  • $1,707,723Total assets
  • $80,465Cash and due from depository institutions
  • $69,795Interest-bearing balances
  • $200,130Securities
  • $3,834Federal funds sold & reverse repurchase agreements
  • $1,272,517Net loans & leases
  • $32,430Loan loss allowance
  • $0Trading account assets
  • $26,931Bank premises and fixed assets
  • $56,670Other real estate owned
  • $800Goodwill and other intangibles
  • $1,707,723Life insurance assets
  • $66,376All other assets
  • $1,546,790Total liabilities and capital
  • $1,071,660Total liabilities
  • $1,030,992Total deposits
  • $1,071,660Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 84000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $377,138Trading liabilities
  • $0Other borrowed funds
  • $13,992Subordinated debt
  • $160,933All other liabilities
  • $160,933Total equity capital
  • $160,933Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $86,968Surplus
  • $73,964Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $88,283Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $78,219Income earned, not collected on loans
  • $0Earning assets
  • $4,045Long-term assets (5+ years)
  • $1,546,276Average Assets, year-to-date
  • $66,515Average Assets, quarterly
  • $1,744,542Volatile liabilities
  • $1,722,489Insider loans
  • $1,194,738FHLB advances
  • $1,736,166Loans and leases held for sale
  • $36,749Unused loan commitments
  • $25,867Tier 1 (core) risk-based capital
  • $158,994Tier 2 risk-based capital
  • $10,882Total risk weighted assets
  • $0Total unused commitments
  • $51,692Restructured Loans and leases
  • $974Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $79,202Total interest income
  • $32,801Total interest expense
  • $46,401Net interest income
  • $22,077Provision for loan and lease losses
  • $38,873Total noninterest income
  • $0Fiduciary activities
  • $301Service charges on deposit accounts
  • $0Trading account gains & fees
  • $38,572Additional noninterest income
  • $70,482Total noninterest expense
  • $39,629Salaries and employee benefits
  • $5,770Premises and equipment expense
  • $25,083Additional noninterest expense
  • -$7,285Pre-tax net operating income
  • -$403Securities gains (losses)
  • $562Applicable income taxes
  • -$8,250Income before extraordinary items
  • $0Extraordinary gains - net
  • -$8,250Net income attributable to bank
  • $0Net charge-offs
  • -$8,250Cash dividends
  • $18,822Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 2.08%Cost of funding earning assets
  • 2.94%Net interest margin
  • 2.46%Noninterest income to earning assets
  • 4.46%Noninterest expense to earning assets
  • -0.45%Net operating income to assets
  • -0.47%Return on assets (ROA)
  • -0.44%Pretax return on assets
  • -5.02%Return on equity (ROE)
  • -5.02%Retained earnings to average equity (YTD only)
  • 1.42%Net charge-offs to loans
  • 117.29%Credit loss provision to net charge-offs
  • 0.79%Efficiency ratio
  • 82,654Assets per employee
  • 2.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.49%Loss allowance to noncurrent loans
  • 41.46%Noncurrent assets plus other real estate owned to assets
  • 7.90%Noncurrent loans to loans
  • 5.99%Net loans and leases to deposits
  • 118.74%Net loans and leases to core deposits
  • 122.37%Equity capital to assets
  • 9.42%Core capital (leverage) ratio
  • 9.16%Tier 1 risk-based capital ratio
  • 13.31%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,744,542Average earning assets
  • $164,484Average equity
  • $1,580,409Average loans

List of branches

  • 10 Wisconsin Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041347Waterstone Bank, Ssb11200 West Plank Court, Wauwatosa, WI 53226January 01, 1921Full Service Brick and Mortar
    1268036Oak Creek Branch6560 S 27th Street, Oak Creek, WI 53154January 01, 1921Full Service Brick and Mortar
    103359020State Street Drive Up Facility Branc7136 West State Street, Wauwatosa, WI 53213December 01, 2000Limited Service Facility
    105418528Oconomowoc Branch1239-45 Oconomowoc Drive, Oconomowoc, WI 53066March 10, 2003Full Service Brick and Mortar
    106418915Wauwatosa State Street Office7500 West State Street, Wauwatosa, WI 53213April 16, 2003Full Service Brick and Mortar
    107428796George Towne Drive Branch1230 George Towne Drive, Pewaukee, WI 53072June 01, 2004Full Service Brick and Mortar
    108444621Brookfield Branch21505 Highway 18, Brookfield, WI 53005September 12, 2005Full Service Brick and Mortar
    109454794Franklin Branch6555 South 108th Street, Franklin, WI 53132August 28, 2006Full Service Brick and Mortar
    110461641West Allis Branch10101 West Greenfield Avenue, West Allis, WI 53214March 19, 2007Full Service Brick and Mortar
    111465429Germantown BranchW188 N9820 Appleton Ave, Germantown, WI 53022November 13, 2006Full Service Brick and Mortar

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