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Watertown Savings Bank

$1B-$10B Specialty: Mortgage MA FDIC cert 23298

Designations: ✓ Community bank ✓ Mutual

Watertown, MA

10 branches across MA

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • 1 of 885 banks in the $1B-$10B peer group nationwide — 1 of 46 in MA.
  • Deposits -3.7% year over year ($1.3B on the books).
  • Delinquency rate 0.17%.
  • Return on assets 0.78%.
  • Efficiency ratio 67.51% vs a 59.73% peer average.
  • Loan-to-deposit ratio 52.48% vs a 85.04% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

885 banks in the $1B-$10B peer group nationally 46 in MA
View $1B-$10B leaderboard (MA) →

Watertown Savings Bank has 1 strength but faces 6 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.
Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

  • + Credit Quality Leader: Top 33.0% in tier

Key Concerns

Areas that may need attention

  • - Deposit Outflow: Bottom 30.5% in tier
  • - Liquidity Overhang: Bottom 43.6% in tier
  • - Non-Interest-Bearing Deposit Share 13.14% below tier average
  • - ROA 0.61% below tier average
  • - Net Interest Margin 0.81% below tier average
  • - Efficiency Ratio 7.78% above tier average
Get updates when Watertown Savings Bank releases new data →

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Total Assets ? $1.4B
-2.5% YoY -0.4% QoQ
-$1.4B $2.8B
-0.6% YoY
$7.0B
+13.2% YoY
$6.3B
+7.7% YoY
31%
Total Loans ? $657.1M
+5.0% YoY +4.1% QoQ
-$1.3B $2.0B
-0.3% YoY
$2.5B
+16.1% YoY
$3.2B
+9.4% YoY
Bottom 6.2% in tier
Total Deposits ? $1.3B
-3.7% YoY -0.6% QoQ
-$1.1B $2.3B
-0.5% YoY
$5.6B
+14.9% YoY
$4.9B
+7.3% YoY
35%
Return on Assets ? 0.78%
+28.9% YoY +12.2% QoQ
-0.61% 1.39%
+17.0% YoY
0.66%
+38.5% YoY
1.30%
+12.1% YoY
18%
Net Interest Margin ? 3.06%
+18.5% YoY +3.0% QoQ
-0.81% 3.87%
+6.2% YoY
3.05%
+8.7% YoY
3.95%
+4.9% YoY
17%
Efficiency Ratio ? 67.51%
-4.3% YoY -4.1% QoQ
+7.78% 59.73%
-12.6% YoY
79.07%
-1.9% YoY
70.05%
+2.5% YoY
27%
Delinquency Rate ? 0.17%
-20.8% YoY -36.0% QoQ
-0.70% 0.87%
+11.7% YoY
0.74%
+5.8% YoY
0.98%
+16.3% YoY
81%
Loan-to-Deposit Ratio ? 52.48%
+9.0% YoY +4.7% QoQ
-32.56% 85.04%
-0.1% YoY
91.41%
-1.2% YoY
79.03%
+2.3% YoY
Top 4.7% in tier
Non-Interest-Bearing Deposit Share ? 8.13%
+2.9% YoY +0.9% QoQ
-13.14% 21.27%
-1.5% YoY
16.01%
-3.7% YoY
21.98%
-0.6% YoY
Bottom 7.8% in tier
Nonperforming Asset Ratio ? 0.12%
+30.4% YoY +2.1% QoQ
-0.56% 0.67%
+11.7% YoY
0.59%
+7.5% YoY
0.69%
+15.8% YoY
83%
Tier 1 Capital Ratio ? 28.39%
+1.9% YoY -1.8% QoQ
+13.55% 14.84%
-0.4% YoY
15.08%
+1.7% YoY
17.09%
+0.8% YoY
Top 2.6% in tier
Non-Interest Income / Assets ? 0.13%
+9.9% YoY +110.2% QoQ
-0.40% 0.53%
+2.5% YoY
0.57%
+4.1% YoY
0.66%
+5.2% YoY
Bottom 14.4% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Noninterest-Bearing 8.1%
+0.2pp YoY
+0.1pp QoQ
 -13.2pp 21.4% 16.2% 22.2% 7%
Brokered Deposits n/a n/a 9.5% 6.1% 8.5% n/a

Loan Composition

% of total loans & leases

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
C&I 0.4%
0.0pp YoY
0.0pp QoQ
 -13.6pp 14.0% 6.5% 12.5% 1%
CRE 12.3%
+0.5pp YoY
+0.3pp QoQ
 -37.7pp 50.0% 40.3% 41.4% 2%
1-4 Family 87.5%
-0.5pp YoY
-0.3pp QoQ
 +61.1pp 26.4% 52.4% 31.3% 99%
Consumer 0.1%
0.0pp YoY
0.0pp QoQ
 -4.6pp 4.7% 1.6% 5.0% 12%

Capital

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
CET1 Ratio 28.4%
+0.5pp YoY
-0.5pp QoQ
 +12.8pp 15.6% 16.6% 19.7% 97%
Leverage Ratio 12.0%
+1.0pp YoY
+0.2pp QoQ
 +0.7pp 11.3% 11.5% 12.6% 77%
Total Capital Ratio 28.7%
+0.5pp YoY
-0.5pp QoQ
 +12.0pp 16.7% 17.5% 20.8% 97%

Efficiency & Staffing

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Full-Time Employees 112
+2 (+1.8%) YoY
+2 (+1.8%) QoQ
 -202 313 755 482 11%
Assets per Employee ($) $12.8M
-4.3% YoY
-2.1% QoQ
 +$2.4M $10.5M $10.7M $8.8M 82%
Branch Count 10
0 YoY
0 QoQ
 -10 20 13 18 29%

Asset Quality

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Past Due 90+ Days 0.1%
-0.1pp YoY
0.0pp QoQ
 0.0pp 0.2% 0.1% 0.4% 82%
Nonaccrual 0.0%
-0.1pp QoQ
 -0.8pp 0.8% 0.8% 1.0% 4%
Allowance Coverage 1.71x
+20.0% YoY
+50.2% QoQ
 -17.00x 18.71x 7.95x 20.23x 43%
Net Charge-off Rate (YTD) -0.0%
0.0pp YoY
0.0pp QoQ
 -0.3pp 0.3% 0.1% 0.2% 13%

Profitability

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
ROE 6.8%
+0.9pp YoY
+0.7pp QoQ
 -5.8pp 12.6% 5.6% 11.6% 14%
Cost of Funds (YTD) 1.1%
-0.2pp YoY
0.0pp QoQ
 -0.8pp 1.9% 2.0% 1.7% 8%
Net Income ($, YTD) $5.6M
+25.0% YoY
— QoQ
 -$13.6M $19.2M $31.7M $40.4M 15%

Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).
Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (1)

Credit Quality Leader

growth
#74 of 221 • Top 33.0% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why this signature
Delinquency Rate: 0.17%
(Tier: 0.87%, National: 0.98%)
better than tier avg
221 of 221 Mid-Market banks match · 920 nationally
→ Stable +1 banks QoQ

Concerns (2)

Deposit Outflow

decline
#41 of 131 • Bottom 30.5% in tier

Deposits down 0.5%+ YoY. Funding base eroding - rate competition or franchise weakness.

131 of 131 Mid-Market banks match · 686 nationally
→ Stable +31 banks QoQ | QoQ rank declining

Liquidity Overhang

risk
#76 of 172 • Bottom 43.6% in tier

Exceptional capital position (Tier 1 >= 16%, top quartile). Strong fundamentals - opportunity to deploy capital more productively.

Why this signature
Tier 1 Capital Ratio: 28.39%
(Tier: 14.84%, National: 17.09%)
better than tier avg
Loan-to-Deposit Ratio: 52.48%
(Tier: 85.04%, National: 79.03%)
better than tier avg
172 of 172 Mid-Market banks match · 940 nationally
→ Stable +7 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).
Concerns are metrics in the bottom 25% (25th percentile or lower).
Comparing against 885 peers in $1B-$10B

Top Strengths (4 metrics)

24
Tier 1 Capital Ratio
capital
Value: 28.39%
Peer Median: 14.84%
#24 of 885 Top 2.6% in $1B-$10B
43
Loan-to-Deposit Ratio
liquidity
Value: 52.48%
Peer Median: 85.04%
#43 of 885 Top 4.7% in $1B-$10B
154
Nonperforming Asset Ratio
credit_quality
Value: 0.12%
Peer Median: 0.67%
#154 of 885 Top 17.3% in $1B-$10B
169
Delinquency Rate
credit_quality
Value: 0.17%
Peer Median: 0.87%
#169 of 882 Top 19.0% in $1B-$10B

Top Weaknesses (5 metrics)

831
Total Loans
size
Value: $657.11M
Peer Median: $1.96B
#831 of 885 Bottom 6.2% in $1B-$10B
817
Non-Interest-Bearing Deposit Share
funding
Value: 8.13%
Peer Median: 21.27%
#817 of 885 Bottom 7.8% in $1B-$10B
759
Non-Interest Income / Assets
revenue_mix
Value: 0.13%
Peer Median: 0.53%
#759 of 885 Bottom 14.4% in $1B-$10B
735
Net Interest Margin
profitability
Value: 3.06%
Peer Median: 3.87%
#735 of 885 Bottom 17.1% in $1B-$10B
730
Return on Assets
profitability
Value: 0.78%
Peer Median: 1.39%
#730 of 885 Bottom 17.6% in $1B-$10B
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