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Watertown Savings Bank
Watertown, MA · FDIC Certificate #23298 · Chartered 04/1
Total assets
$1.44B
Total deposits
$1.25B
Total equity
$167.60M
Net loans
$657.11M
Branches (offices)
10
Net income (YTD)
$5.62M
Rank: #770 of 4,213 U.S. banks by assets · #37 of 89 in Massachusetts. Assets changed -2.5% and deposits -3.7% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 0.78% |
| Return on equity | 6.77% |
| Net interest margin (YTD) | 3.06% |
| Equity to assets | 11.65% |
| Tier 1 leverage ratio | 12.03% |
| Uninsured deposits (share of deposits) | 26.4% |
| Noncurrent loans (share of loans) | 0.17% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 52.5% |
| Real estate loans (share of loans) | 99.8% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $656.04M | 99.8% | |
| Commercial & industrial | $2.34M | 0.4% | |
| Consumer / individual | $671.00K | 0.1% | |
| Construction & development | $14.43M | 2.2% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $1.50B | $1.36B | $2.12M | $116.89M |
| Jun 2023 | $1.42B | $1.27B | $3.19M | $122.23M |
| Jun 2024 | $1.46B | $1.30B | $1.95M | $141.44M |
| Jun 2025 | $1.48B | $1.30B | $4.50M | $157.95M |
| Jun 2026 | $1.44B | $1.25B | $5.62M | $167.60M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Massachusetts | $1.25B | 10 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $1.25B.
Similar-sized banks
Marquette Savings Bank ($1.44B) · Citizens Alliance Bank ($1.44B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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