Waterfall Bank is a state-chartered bank headquartered in Clearwater, Florida. At the end of Q2 2026 it reported $409.9M in total assets and $330.3M in deposits, with 2 offices.
Waterfall Bank has a TellerScore of 61 out of 100 (moderate) based on Q2 2026 data — higher than only 20% of its 2,650 banks with $100 million – $1 billion. Among 82 banks headquartered in Florida, it ranks 68th. Problem-loan coverage contributes the most (100/100, 0.2%); funding & liquidity contributes the least (0/100, 114% loans-to-deposits, 61% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 6 points (67 → 61), mostly because the funding & liquidity component weakened by 16 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 71 |
| Q3 2024 | 72 |
| Q4 2024 | 72 |
| Q1 2025 | 67 |
| Q2 2025 | 67 |
| Q3 2025 | 70 |
| Q4 2025 | 67 |
| Q1 2026 | 60 |
| Q2 2026 | 61 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 19.07% |
| Q3 2024 | 17.19% |
| Q4 2024 | 15.31% |
| Q1 2025 | 13.94% |
| Q2 2025 | 13.09% |
| Q3 2025 | 14.72% |
| Q4 2025 | 13.89% |
| Q1 2026 | 12.93% |
| Q2 2026 | 12.64% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.00% |
| Q3 2024 | 0.00% |
| Q4 2024 | 0.00% |
| Q1 2025 | 0.00% |
| Q2 2025 | 0.00% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.00% |
| Q1 2026 | 0.17% |
| Q2 2026 | 0.03% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.10% |
| Q3 2024 | 0.20% |
| Q4 2024 | 0.26% |
| Q1 2025 | -0.12% |
| Q2 2025 | 0.15% |
| Q3 2025 | 0.15% |
| Q4 2025 | 0.18% |
| Q1 2026 | -0.11% |
| Q2 2026 | -0.03% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 61 | $409.9M | 12.64% | 0.03% | -0.03% | 114.1% |
| Q1 2026 | 60 | $421.9M | 12.93% | 0.17% | -0.11% | 110.2% |
| Q4 2025 | 67 | $408.9M | 13.89% | 0.00% | 0.18% | 115.9% |
| Q3 2025 | 70 | $387.2M | 14.72% | 0.00% | 0.15% | 103.8% |
| Q2 2025 | 67 | $350.1M | 13.09% | 0.00% | 0.15% | 94.0% |
| Q1 2025 | 67 | $314.9M | 13.94% | 0.00% | -0.12% | 95.9% |
| Q4 2024 | 72 | $284.4M | 15.31% | 0.00% | 0.26% | 104.5% |
| Q3 2024 | 72 | $265.0M | 17.19% | 0.00% | 0.20% | 103.7% |
| Q2 2024 | 71 | $231.2M | 19.07% | 0.00% | 0.10% | 104.4% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Florida
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Paradise BankBank Boca Raton, FL | 75 out of 100, Strong | $415.2M | 8.8% | 0.05% | vs |
| Locality BankBank Fort Lauderdale, FL | 55 out of 100, Moderate | $396.2M | 12.9% | 1.55% | vs |
| Central BankBank Tampa, FL | 63 out of 100, Moderate | $386.8M | 9.1% | 0.04% | vs |
| TCM Bank, National AssociationBank Tampa, FL | 57 out of 100, Moderate | $382.4M | 18.3% | 0.93% | vs |
| Edison National BankBank Fort Myers, FL | 67 out of 100, Moderate | $453.7M | 9.0% | 0.00% | vs |
| Desjardins Bank, National AssociationBank Hallandale, FL | 84 out of 100, Strong | $362.1M | 19.3% | 0.31% | vs |
Deposit insurance
Is my money safe at Waterfall Bank?
Yes. Waterfall Bank is an FDIC-insured institution (FDIC certificate #59265). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 61.5% of deposits ($203.1M) are above the $250,000 FDIC insurance limit, above the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.64%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.27% (benchmark: 10%).
2 locations
Branches
Waterfall Bank lists 1 office in 1 city. Most locations:
- Clearwater, FL (1)
Identity & history
Profile
- Legal name
- Waterfall Bank
- Type
- State-chartered bank
- FDIC certificate #
- 59265
- RSSD ID
- 5650923
- Primary regulator
- FDIC
- Holding company
- Waterfall Bcorp Inc
- Established
- September 20, 2021
- Headquarters
- 500 Mclennan St, Clearwater, FL 33756
- Website
- www.waterfallbank.com
- Employees
- 49
Quick answers
Waterfall Bank: common questions
Is Waterfall Bank FDIC insured?
Yes. Waterfall Bank is an FDIC-insured institution (FDIC certificate #59265). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Waterfall Bank's TellerScore?
61 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Waterfall Bank ever failed?
There is no failure record for FDIC certificate #59265 in the FDIC failed bank list.
How many branches does Waterfall Bank have?
2 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Clearwater
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| 1st Street Credit UnionCredit union Sarasota, FL | 89 out of 100, Very strong | $34.5M | 14.7% | 0.10% | vs |
| Republic Bank & Trust CompanyBank Louisville, KY | 84 out of 100, Strong | $7.1B | 14.8% | 0.56% | vs |
| Gallup Federal Credit UnionCredit union Omaha, NE | 84 out of 100, Strong | $16.4M | 18.1% | 0.05% | vs |
| Florida Customs Federal Credit UnionCredit union Tampa, FL | 83 out of 100, Strong | $6.8M | 26.8% | 0.40% | vs |
| Franklin-Somerset Federal Credit UnionCredit union Madison, ME | 81 out of 100, Strong | $149.3M | 12.9% | 0.75% | vs |
| Beal Bank USABank Las Vegas, NV | 80 out of 100, Strong | $11.0B | 21.9% | 0.78% | vs |