# WATERTOWN SAVINGS BANK
WATERTOWN, MA · FDIC certificate 23298 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (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 | $1.44B | |
| Deposits | $1.25B | |
| Loans and leases | $659.0M | |
| Total equity | $167.6M | |
| Loans / deposits | 52.48% (p5 of band) | 87.10% |
| Liquid assets / assets | 48.15% (p95 of band) | |
| Uninsured deposits / deposits | 26.40% (p34 of band) | 30.76% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p6 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 12.03% (p76 of band) | 10.50% |
| Unrealized securities loss / equity | -18.82% (p22 of band) | -7.75% |
| AOCI / equity | -1.95% (p5 of band) | |
| ROA (annualized) | 0.78% (p19 of band) | 1.26% |
| Net interest margin | 3.06% (p18 of band) | 3.70% |
| Efficiency ratio | 67.51% (p74 of band) | |
| Noncurrent loans | 0.17% (p21 of band) | 0.51% |
| Net charge-offs (annualized) | 0.00% (p13 of band) | |
| Reserve coverage of noncurrent | 170.84% | |
| Real estate % of loans | 100% | |
| Construction % of loans | 8.61% (p10 of band) | |
| Auto loans | $13,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -3.7% | |
| Employees | 112 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | reserve under noncurrent |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 1 | reserve under noncurrent |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 0 |  | reserve under noncurrent |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 1 | expense ratio p90 |  |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 1 |  | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | capital falling |  |
| 2017-03 | 1 |  | capital falling |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | capital falling |  |
| 2018-03 | 1 |  | capital falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 0 |  | expense ratio p90 |
| 2019-06 | 1 | expense ratio p90 |  |
| 2019-09 | 2 | capital falling |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | NIM <2.5% |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 4 | securities losses >30% of equity |  |
| 2022-09 | 3 |  | capital falling |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | deposits shrinking, assets shrinking | expense ratio p90 |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | assets shrinking |
| 2023-12 | 2 |  | deposits shrinking |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | expense ratio p90 |  |
| 2024-09 | 1 |  | securities losses >30% of equity, expense ratio p90 |
| 2024-12 | 2 | securities losses >30% of equity |  |
| 2025-03 | 0 |  | NIM <2.5%, securities losses >30% of equity |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | reserve under noncurrent |  |
| 2026-03 | 1 | deposits shrinking | reserve under noncurrent |
| 2026-06 | 0 |  | deposits shrinking |

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

- 2026-09-09 [Watertown Savings Celebrating 70th Anniversary of East End Branch - watertownmanews.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOMXRDekV2LVo4OTkzVkRYX1hWXzU5TXE0UW1EZ250ZFlGZUsxNWp3YkN4MWVmaUdxdDd3Mmd0b1hHdENRQ1hwT1JWdV9aQ1lWbEtXOXVDT1kzdjFlSFNUNmhmdXBlRWlndTVBUEVwaHNVby1GZVVtX0ZfR0JkOWRRS3ljTWduNmt2R0tGbjlzQ2t1YnF5Zi1ueVotY2cxY3hxcUNmVUR1Wms?oc=5) · watertownmanews.com
- 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
- 2026-03-17 [Watertown Families Can Join Brigham House’s Egg Hunt - watertownmanews.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPNkJrQTBiUG9ZLVBheTFHUkZSZmNRSUNlOXRfaWxLMl82MFhxVm9INTZUQ3JuTllFckFkWi1BWDF0UXRXbmVBekRIUkRwams1ZFhodi1sdklkS0hBMlZQYmd0WW1IWlFkVmZvelJ5b1lQZ3BIUWt3NkRzeG9sZWo5YUxMVFBaWHRiRFR3SU9VSFhteGx0dmc?oc=5) · watertownmanews.com
- 2018-07-31 [Scammers target Watertown Savings Bank ATM - WCVB](https://news.google.com/rss/articles/CBMihwFBVV95cUxNRGRMcm51bUprdjF5SW4wY1B4bDBqUU1Wcm1qaWdCaFgyZmxza2VESmJDZ1kwcVIxZ3Y0OHhIQUJqV0pmVTA0dVFLVk5uTFg4REhqU0psRUJOcjZ3WjR2aDROSzNPRG9jZ3B2amVtQlBhbHYzUUIwaUJoRHJDS0F1TERWd1ZWMFE?oc=5) · WCVB
- 2011-03-11 [Watertown Savings Bank Announces Promotions, State of the Bank - Patch](https://news.google.com/rss/articles/CBMipgFBVV95cUxON0MzTWJEY3ZRWEQ3Z0JhRU5WeS1kMFhHZkF4LWFOZFQ5cWt1a2RqQUxnZ0c2enBHaHZPOGZBN1NRNDdLSDAwVDE5ZjRwT1FHVEJ6SjItekw3eXgyN0pONDFxY3dTb3lzbjFrS09jdUFjMGRyOXBoQ2NhcFd5aEh3Z19TZTNINEVNVzJ3V19sN0FQRkk4LWpOdGVlU1BBV1RUalVLTjdR?oc=5) · Patch
- 2022-11-13 [Frederick Proia Obituary March 7, 2021 - Joyce Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTE5CSV9YUWRRWDFCbFMtaDJiLUZubDRpejAwNUZMZ1drVEY4Umg5RmdlZnFCMXJvSUt6TGdLazU0UU1sVjladWIxRHMwZi1HQ3hxRk9SQkNyRUNFQ2F1b3ZDNDdVUWY2MFpjUjlz?oc=5) · Joyce Funeral Home
- 2026-03-09 [Watertown Savings Bank Launches 27th Annual Customer Choice Awards, Committing $100,000 to Local Nonprofits - watertownmanews.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPRUJHcjBUWll3S0JuVFA1aWtNZUMxWEVleXZ0MVd4UUJwSnVMTGtxazZ3bTBOTFJfQlpqYnF2aGFSMlk1c1dpTlF4OGpBRlB6a3ZJNm5FUUIyMHpKV2V2S1l6WUJvZFNXaUp2R1FqMWpsUzZtbUZ3OEhRUGxUV3ptSHZrYzNKRktSQkFZYmdXQ1JuXzVrSm5PcjFjMFJKX2txZDJvWE5IcjVuYlF5c0lyOE15U1NGQ3V4ZVF3dVRQeGRTSVE1WDhnZHdjXzF4cFg3MXRqVFJKdk9KYV9W?oc=5) · watertownmanews.com
- 2026-05-07 [Waltham nonprofits shine in Watertown Savings Bank’s $100,000 Customer Choice Awards - Waltham Times](https://news.google.com/rss/articles/CBMitwFBVV95cUxPRU00dlpfNjVZRkZuWml0NlVNenlVSXZxRGQ2cFJWUkxmZ2RxTnU2RmtLV3JsekxDM0s0SE9wQlZUalE4UU5jWERtaVBRQWlTcWo4SEgxTkZyS1RoUFJ5VjlESzZnZ3lDcVVabTVfaGxSOUw1Q2ZDbG1HbW1QVVR0bVhGTFM3OURjMVN2Sndmem1IcWxvRXE1Rmo5bkRFNUdCNmdNcnAteE53YUo4Vlg3Y3llbjI2Yjg?oc=5) · Waltham Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=23298 (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/2.json (key "23298", 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