WaterStone Bank, SSB: how it compares with its peers
Against 17 WI banks with half to twice its assets, WaterStone Bank, SSB's strongest measure in Q2 2026 is return on assets (1.28% vs. a 1.10% peer median). Its weakest relative measure is efficiency ratio (75.19% vs. 60.29%).
| Measure | WaterStone Bank, SSB | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.28% | 1.10% | Middle third Ahead of 53% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.06% | 3.80% | Bottom third Ahead of 12% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 75.19% | 60.29% | Bottom third Ahead of 0% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $3.7M | $8.0M | Bottom third Ahead of 0% of peers |
| Loans to deposits Net loans and leases over total deposits. | 123.66% | 93.16% | Context |
What it means for lending operations
Its efficiency ratio of 75.19% is above the 60.29% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- National Bank of Commerce Superior, WI · $2.23B
- IncredibleBank Wausau, WI · $2.10B
- Bank Five Nine Oconomowoc, WI · $2.53B
- Tri City National Bank Oak Creek, WI · $1.95B
- North Shore Bank Brookfield, WI · $2.61B
- One Community Bank Oregon, WI · $2.63B
Questions about WaterStone Bank, SSB
How big is WaterStone Bank, SSB?
WaterStone Bank, SSB, established in 1921, is headquartered in Wauwatosa, WI. It reported $2.25B in total assets in its Q2 2026 FDIC call report and operates 16 offices.
What is WaterStone Bank, SSB's return on assets?
1.28% annualized in Q2 2026, against a 1.10% median for 17 WI banks with half to twice its assets, ahead of 53% of them.
What is WaterStone Bank, SSB's efficiency ratio?
75.19% in Q2 2026: it spent about 75 cents in noninterest expense for each dollar of revenue. The peer median is 60.29%, and lower is better.
Is WaterStone Bank, SSB growing its loans?
Net loans grew 0.5% over the year to Q2 2026, while deposits grew 3.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are WI banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Wisconsin bank ranked.