# WATERTOWN SAVINGS BANK
WATERTOWN, NY · FDIC certificate 15990 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $971.0M | |
| Deposits | $784.3M | |
| Loans and leases | $593.7M | |
| Total equity | $177.7M | |
| Loans / deposits | 74.81% (p34 of band) | 82.04% |
| Liquid assets / assets | 31.67% (p68 of band) | |
| Uninsured deposits / deposits | 12.65% (p8 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p11 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 17.60% (p95 of band) | 10.81% |
| Unrealized securities loss / equity | -8.31% (p49 of band) | -8.10% |
| AOCI / equity | -0.56% (p39 of band) | |
| ROA (annualized) | 1.90% (p84 of band) | 1.28% |
| Net interest margin | 4.67% (p87 of band) | 3.91% |
| Efficiency ratio | 49.08% (p16 of band) | |
| Noncurrent loans | 1.95% (p88 of band) | 0.43% |
| Net charge-offs (annualized) | 0.08% (p82 of band) | |
| Reserve coverage of noncurrent | 60.25% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 19.35% (p24 of band) | |
| Auto loans | $5.2M (0.88% of loans; DQ 3.98%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.2% | |
| Employees | 128 | |

## Flags firing in the latest filing

- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 1 |  | capital falling |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 2 | capital falling |  |
| 2012-12 | 1 |  | capital falling |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 2 | capital falling |  |
| 2014-12 | 1 |  | capital falling |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 1 |  |  |
| 2016-03 | 1 |  |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | noncurrent p90 |  |
| 2017-09 | 3 | charge-offs p90 |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 2 |  | charge-offs p90 |
| 2018-06 | 1 |  | noncurrent p90 |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | noncurrent p90 |  |
| 2019-03 | 1 |  | noncurrent p90 |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | noncurrent p90 |  |
| 2020-03 | 1 |  | noncurrent p90 |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 1 |  | capital falling |
| 2021-03 | 1 |  |  |
| 2021-06 | 2 | capital falling |  |
| 2021-09 | 1 |  | reserve under noncurrent |
| 2021-12 | 2 | reserve under noncurrent |  |
| 2022-03 | 1 |  | reserve under noncurrent |
| 2022-06 | 0 |  | capital falling |
| 2022-09 | 1 | charge-offs p90 |  |
| 2022-12 | 3 | deposits shrinking, assets shrinking |  |
| 2023-03 | 4 | uninsured deposits leaving |  |
| 2023-06 | 2 |  | charge-offs p90, uninsured deposits leaving |
| 2023-09 | 1 |  | assets shrinking |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | noncurrent p90, reserve under noncurrent | deposits shrinking |
| 2024-06 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2024-09 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2024-12 | 1 |  | noncurrent p90 |
| 2025-03 | 2 | noncurrent p90 |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | noncurrent p90 |
| 2026-06 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-05-13 [Watertown Savings Bank stays rooted in community through changing times - Waltham Times](https://news.google.com/rss/articles/CBMirAFBVV95cUxQRUhGZVJ4am5qXy1Rd3ZTUkttZklWSmNnbk5vaC10dDFOOUlOTGl0QXF4WTU3Z2xSVk9ybmRkNlNDN1k2dlN2OTMtM0xBN081bE1QdDdmTHJDd2JVQXl4SFhVVmNzWjNvT0FTOG54bGJoZmRfenpDMkNtMElwemhDeVdJVzJ3ekx1X2JSbEZldXV3TERTM3lDSV9memFOZERMN3F6aXhCenkwZTA0?oc=5) · Waltham Times
- 2026-05-08 [Watertown Savings Bank named 2026 Lender Partner of the Year by North Central SBDC - Newzjunky](https://news.google.com/rss/articles/CBMirgFBVV95cUxPZmEzWkl6amNxaWlXQUxZcXFFdkRiZzdaR2t0OG5HT3R5ODVqeDFDX2ZOb3FpanJnYWdhaGZDOHhnMlBLTERQd1pLOWlJRzlsOUZGM3pRVmxRNzJLaVY4bTVQelpEWS0zdzlRbzJ4OW02alBHVDNHVmxWVjJmZEl1aFJxaEpXQXlJMU1WRzdlZDdTcUVubFhMQXVmM2Vzdk5Kd1Zka0dTbFY1cDA4T0E?oc=5) · Newzjunky
- 2026-07-24 [Adams Cheddar Cheese Festival hosting first-ever pet photo contest - WWNY](https://news.google.com/rss/articles/CBMiowFBVV95cUxNQ21ZYnJhOTduSHRqWWljNk5qYnlpLUQwMTJxOWxIY2VMeGRJM2hNbERlaDlzVTg5VnBoOWVCb1c3Uy1oV1Z0c0MtOGRqdlpoXzFDYTR4eWpGYVlyajd3YV9ubG94M0pTQnk4M2p4dnRGTmdkcld5VEF5TGlHLXlQeDJTOXZ6d3JjdDZGUld2eGVpMEtMOGF4cUZPT1RyVEJqZEh30gG3AUFVX3lxTFBiY3I1N3ZnS2xNbHBRUTJoU2FJTVdOWGJyOE8xTllQUDNfRlByXzZSSk5GUkx3alRFc2NOREpDN1dXWkFtYXY3eWZZU1hnems3S3hkNExrV01VeDdTelpLMkc1YmlwQlhXOTFlUHYxaXBTRzNIT25wQ2toZkVfbkRqUEJ5Q3pPSUNuSEZEZ3lyenZpNk8zYjN4b1RFS0xUcnVXQmVodk5QYmZ2U2ZxVGVCcFVoZHA0NA?oc=5) · WWNY
- 2026-04-01 [Former banker, avid golfer appointed to run Thompson Park Golf Course this season - nny360.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxQSjNIamxQNk5kRkxFNS1QbEM5Rm9iUkRZek9Zc1V0RC1FUWFteGFWWEo5T0pTOXQ4eUdpM2ZxQmdSa01kaHBWczNlWkRoazBUR1ZhU1gxSWV6MVE5RFFwbFhwekFzNk5nckI3akJfMW9aSzVabU1TUkF4SElTRjE3dElsaVB5dmE2clJRNjhjT2I3SkxoQm80NHd3V3pMdFBXNUxWM2Vsb2tpSm85LUxZajBPeTg3SDJrdm8wVTFwV3p3WDJYYmdIbkI2aXpNWEgxMmFvRkNsdFh4dWJGTlFlY3U0NW4wb0I3WldqZGU3bk5ZdWlfa3JUVw?oc=5) · nny360.com
- 2026-06-18 [Everyone can swim for free at Watertown city pools thanks to donations - WWNY](https://news.google.com/rss/articles/CBMimwFBVV95cUxOMmNvODI1T00wdVVDODlBX1hOZUp3TjZSNjBhZGE1V3B4WWlGV194TnNRRWo1M2dibFRDb0YxM2lWSzlMWGZ2TTVCalRPeUdJVDVtZHIyM1JjOURKTTY2Q1BrREdvUGJKQktvY0tZaUpiUk15UGVrQmdLdG1vM1ZvY0xUVUVLZkk0TDVTdG5qZWlOSGpFaU9NcS1ORdIBrwFBVV95cUxNNG1MYnRweWZPOGZUeGRVRE95M1pVakk0bGRlejM0dGRMZmV3M3ZmQ0tvT3ZLajlKVkMzOU1hSVU5MFloMmdlekYyZHZuOURzMThhSlAxaEcxNnlrb1BVeW1zZC1pdjNtZjNnLW8yLWdsYU96WkhubERialBYTE1ES2tJQXV4S1RjTGxxOVd1aGJMNUF5V2N3c2lTNGI1V25XMlE3WHJhcUY0NlNIX0dv?oc=5) · WWNY
- 2023-08-08 [Watertown High graduates get Watertown Savings Bank Cup scholarship from NNYCF - InformNNY.com](https://news.google.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?oc=5) · InformNNY.com
- 2026-07-24 [Adams Cheddar Cheese Festival hosting first-ever pet photo contest - WWNY](https://news.google.com/rss/articles/CBMiqwFBVV95cUxObDJzcG1tNVZBMWF2SGNWLVFvQ0RnV3ZjTE5xcUd2c05ORU5lUmVKbUlNd001SVdIaGotNkJhTHZSQ2VUa29zRkt4S3J3T1NXUEhmWFBRRl9nZlNOaGczTGMtMnozeW9UN0xyaXRQVS1GYkQxU1pjcjd4bkxJYXBCSWhxbklVZ1Qyc2k4dkdyODZ0NTNoNWRwT3I5Xzd6cEdQa3dJT3R4S0d5ODQ?oc=5) · WWNY
- 2021-07-20 [Watertown Savings Bank to expand Clinton Street campus with new Lending Center in 2023 - Newzjunky](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQeXRoV0tPSHUwOFFKZFVUSVlNLTJNM1NvaE4tdXJIZXpFMVhORDNYZno1ZDFabm1iN202dkpIdGdkMmFvaVlKblJIS1J3TDNUQzFDT09OTHZTMkdJQXZrQzdZQ0tibmQzX0xTSEFHWWM2aTV2RUVWZ0xXd3dvaWwySlFaSlRicFUyOXhXdk5IazFmdnRXbE1iRE1PSVJkR3RIVGxwdk1yaHc?oc=5) · Newzjunky

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=15990 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/54.json (key "15990", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide