WaterStone Bank, SSB (FDIC certificate #28513) is based in Wauwatosa, Wisconsin. Its Q2 2026 call report shows $2.3B in total assets and $1.5B in deposits and 16 offices.
WaterStone Bank, SSB has a TellerScore of 81 out of 100 (strong) based on Q2 2026 data — higher than 91% of its 897 banks with $1 billion – $10 billion. Among 154 banks headquartered in Wisconsin, it ranks 38th. Capital cushion contributes the most (100/100, 15.43%); funding & liquidity contributes the least (37/100, 124% loans-to-deposits, 27% 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 rose 2 points (79 → 81), mostly because the earnings component improved by 12 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 78 |
| Q3 2024 | 78 |
| Q4 2024 | 79 |
| Q1 2025 | 76 |
| Q2 2025 | 79 |
| Q3 2025 | 81 |
| Q4 2025 | 81 |
| Q1 2026 | 79 |
| Q2 2026 | 81 |
Show as table
| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 14.95% |
| Q3 2024 | 14.96% |
| Q4 2024 | 15.55% |
| Q1 2025 | 15.86% |
| Q2 2025 | 15.35% |
| Q3 2025 | 15.55% |
| Q4 2025 | 15.43% |
| Q1 2026 | 15.85% |
| Q2 2026 | 15.43% |
Show as table
| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.29% |
| Q3 2024 | 0.29% |
| Q4 2024 | 0.31% |
| Q1 2025 | 0.42% |
| Q2 2025 | 0.45% |
| Q3 2025 | 0.32% |
| Q4 2025 | 0.34% |
| Q1 2026 | 0.41% |
| Q2 2026 | 0.36% |
Show as table
| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.77% |
| Q3 2024 | 0.79% |
| Q4 2024 | 0.82% |
| Q1 2025 | 0.55% |
| Q2 2025 | 0.97% |
| Q3 2025 | 1.11% |
| Q4 2025 | 1.17% |
| Q1 2026 | 1.06% |
| Q2 2026 | 1.28% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 81 | $2.3B | 15.43% | 0.36% | 1.28% | 123.7% |
| Q1 2026 | 79 | $2.3B | 15.85% | 0.41% | 1.06% | 123.6% |
| Q4 2025 | 81 | $2.3B | 15.43% | 0.34% | 1.17% | 122.1% |
| Q3 2025 | 81 | $2.3B | 15.55% | 0.32% | 1.11% | 127.8% |
| Q2 2025 | 79 | $2.3B | 15.35% | 0.45% | 0.97% | 126.7% |
| Q1 2025 | 76 | $2.2B | 15.86% | 0.42% | 0.55% | 124.6% |
| Q4 2024 | 79 | $2.2B | 15.55% | 0.31% | 0.82% | 128.5% |
| Q3 2024 | 78 | $2.2B | 14.96% | 0.29% | 0.79% | 139.4% |
| Q2 2024 | 78 | $2.3B | 14.95% | 0.29% | 0.77% | 148.6% |
897 peers · $1 billion – $10 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 Wisconsin
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| National Bank of CommerceBank Superior, WI | 70 out of 100, Strong | $2.2B | 9.3% | 0.64% | vs |
| IncredibleBankBank Wausau, WI | 57 out of 100, Moderate | $2.1B | 8.3% | 0.89% | vs |
| Bank Five NineBank Oconomowoc, WI | 54 out of 100, Below average | $2.5B | 9.8% | 1.91% | vs |
| Tri City National BankBank Oak Creek, WI | 71 out of 100, Strong | $2.0B | 11.1% | 0.51% | vs |
| North Shore BankBank Brookfield, WI | 84 out of 100, Strong | $2.6B | 14.4% | 0.10% | vs |
| One Community BankBank Oregon, WI | 74 out of 100, Strong | $2.6B | 12.8% | 0.58% | vs |
Deposit insurance
Is my money safe at WaterStone Bank, SSB?
Yes. WaterStone Bank, SSB is an FDIC-insured institution (FDIC certificate #28513). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 26.8% of deposits ($394.5M) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 15.43%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 19.68% (benchmark: 10%).
16 locations
Branches
WaterStone Bank, SSB lists 14 offices in 11 cities. Most locations:
- Brookfield, WI (2)
- Oak Creek, WI (2)
- West Allis, WI (2)
- Fox Point, WI (1)
- Franklin, WI (1)
- Germantown, WI (1)
- Greenfield, WI (1)
- Milwaukee, WI (1)
- Oconomowoc, WI (1)
- Pewaukee, WI (1)
- Wauwatosa, WI (1)
HMDA 2025
Mortgage lending
In 2025, WaterStone Bank, SSB reported 129 home-loan applications under HMDA (LEI 549300GDJSUYPH6UC416): 91 originated ($147,595,000 total), 23 denied, and 9 withdrawn or closed by the applicant. Its denial rate on decided applications was 19.2%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- WaterStone Bank, SSB
- Former names
- Wauwatosa Savings and Loan Association; Wauwatosa Savings Bank
- Type
- SI
- FDIC certificate #
- 28513
- RSSD ID
- 310978
- Primary regulator
- FDIC
- Holding company
- Waterstone Financial Inc
- Established
- January 1, 1921
- Headquarters
- 11200 W Plank Ct, Wauwatosa, WI 53226
- Website
- www.wsbonline.com
- Employees
- 607
Quick answers
WaterStone Bank, SSB: common questions
Is WaterStone Bank, SSB FDIC insured?
Yes. WaterStone Bank, SSB is an FDIC-insured institution (FDIC certificate #28513). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is WaterStone Bank, SSB's TellerScore?
81 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has WaterStone Bank, SSB ever failed?
There is no failure record for FDIC certificate #28513 in the FDIC failed bank list.
How many branches does WaterStone Bank, SSB have?
16 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Wauwatosa
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Raleigh Co. Educators Federal Credit UnionCredit union Beckley, WV | 97 out of 100, Very strong | $21.3M | 26.3% | 0.04% | vs |
| Northwestern Mutual Wealth ManagementBank Milwaukee, WI | 93 out of 100, Very strong | $557.7M | 55.0% | 0.00% | vs |
| Umatilla County Federal Credit UnionCredit union Pendleton, OR | 92 out of 100, Very strong | $47.7M | 19.0% | 0.06% | vs |
| Kbr Heritage Federal Credit UnionCredit union Houston, TX | 90 out of 100, Very strong | $76.4M | 22.6% | 0.39% | vs |
| First Citizens State BankBank Whitewater, WI | 90 out of 100, Very strong | $525.2M | 18.0% | 0.00% | vs |
| National Exchange Bank and TrustBank Fond Du Lac, WI | 88 out of 100, Very strong | $2.9B | 20.1% | 0.37% | vs |