CharterBench

Watertown Savings Bank

BankStateWatertown, MA·Est. 1870·www.watertownsavings.com·FDIC #23298Compare ⇄
Total assets
$1.44B
-2.5% YoY
Deposits
$1.25B
-3.7% YoY
Loans
$657.1M
+5.0% YoY
Offices
10
ROA (annualized)
0.78%
peers 1.26%
ROE (annualized)
6.77%
peers 12.17%

Peer comparison 887 banks with 1B-10B in assets

MetricWatertown Savings BankPeer medianΔ
Asset growth (YoY)-2.5%+5.5%-8.0 pts
Deposit growth (YoY)-3.7%+5.1%-8.7 pts
Loan growth (YoY)+5.0%+5.9%-0.9 pts
ROA0.78%1.26%-0.5 pts
ROE6.8%12.2%-5.4 pts

ROA ranks in the 18th percentile of its peer group · Q2 2026

Profile

Established
1870
Charter
State
Primary regulator
FED
Specialization
Mortgage Lending Specialization
Address
60 Main St, Watertown, MA, 02472
County
Middlesex
Metro area
Boston-Cambridge-Newton, MA-NH
Offices
10
FDIC cert #
23298
RSSD ID
886204
Latest call report
Q2 2026

Total assets last 8 quarters

Q3 2024 → Q2 2026

Deposits last 8 quarters

Q3 2024 → Q2 2026

Quarterly financials FDIC call report

QuarterAssetsDepositsLoansEquityNet income YTDROANIMNonperforming
Q2 2026$1.44B$1.25B$657.1M$167.6M$5.6M0.78%3.06%0.12%
Q1 2026$1.44B$1.26B$631.5M$166.0M$2.5M0.70%2.97%0.12%
Q4 2025$1.43B$1.25B$635.0M$165.2M$9.1M0.62%2.67%0.15%
Q3 2025$1.47B$1.29B$634.9M$161.8M$6.9M0.62%2.62%0.12%
Q2 2025$1.48B$1.30B$625.7M$157.9M$4.5M0.61%2.58%0.09%
Q1 2025$1.50B$1.33B$622.8M$153.6M$2.1M0.55%2.52%0.03%
Q4 2024$1.48B$1.31B$609.4M$147.5M$4.8M0.33%2.16%0.03%
Q3 2024$1.46B$1.29B$608.1M$151.0M$3.4M0.31%2.11%0.11%

Loan mix (Q2 2026): real estate $656.0M · commercial $2.3M · consumer $671K · securities $623.1M

Ratio pack Q2 2026 · peer medians from 887 institutions

Profitability
RatioWatertown Savings BankTrend (8q)Peer medianPeer percentile
Return on assets
Annualized net income ÷ assets
0.78%Q3 2024 → Q2 20261.26%
18th
Return on equity
Annualized net income ÷ equity or net worth
6.8%Q3 2024 → Q2 202612.2%
14th
Net interest margin
Interest income − interest expense, ÷ assets
3.06%Q3 2024 → Q2 20263.70%
17th
Efficiency ratio
Operating expense ÷ revenue — lower is leaner
67.5%Q3 2024 → Q2 202659.0%
74th
Non-interest income share
Fees and other income as a share of total revenue
00.0%
00.0%
Cost of funds
Annualized interest expense ÷ deposits
00.0%
00.0%
Balance sheet
RatioWatertown Savings BankTrend (8q)Peer medianPeer percentile
Loan-to-deposit
Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand
00.0%
00.0%
Loans-to-assets
How much of the balance sheet is lent out
00.0%
00.0%
Securities-to-assets
Investment portfolio as a share of assets
00.0%
00.0%
Cash-to-assets
On-balance-sheet liquidity
00.0%
00.0%
Capital
RatioWatertown Savings BankTrend (8q)Peer medianPeer percentile
Capital ratio
Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7%
00.0%
00.0%
Credit quality
RatioWatertown Savings BankTrend (8q)Peer medianPeer percentile
Nonperforming / delinquency
Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans
00.0%
00.0%
Net charge-off rate
Annualized charge-offs net of recoveries ÷ loans
00.0%
00.0%
CRE concentration
Commercial real estate loans ÷ capital. Regulators flag banks above 300%
00.0%
00.0%
Franchise
RatioWatertown Savings BankTrend (8q)Peer medianPeer percentile
Assets per office
Branch efficiency; high numbers usually mean digital-first
00.0%
00.0%
11 more ratios, with trends and peer percentiles.

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