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Watertown Savings Bank
Watertown, NY · FDIC Certificate #15990 · Chartered 01/0
Total assets
$970.99M
Total deposits
$784.29M
Total equity
$177.71M
Net loans
$586.71M
Branches (offices)
10
Net income (YTD)
$9.12M
Rank: #1,073 of 4,213 U.S. banks by assets · #60 of 115 in New York. Assets changed 4.4% and deposits 3.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.90% |
| Return on equity | 10.51% |
| Net interest margin (YTD) | 4.67% |
| Equity to assets | 18.30% |
| Tier 1 leverage ratio | 17.60% |
| Uninsured deposits (share of deposits) | 12.6% |
| Noncurrent loans (share of loans) | 1.95% |
| Net charge-offs (share of loans) | 0.13% |
| Loans to deposits | 74.8% |
| Real estate loans (share of loans) | 88.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $520.51M | 88.7% | |
| Commercial & industrial | $53.41M | 9.1% | |
| Consumer / individual | $19.06M | 3.2% | |
| Construction & development | $34.39M | 5.9% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $965.30M | $840.62M | $4.76M | $118.61M |
| Jun 2023 | $911.74M | $780.15M | $5.06M | $125.81M |
| Jun 2024 | $911.87M | $759.96M | $7.28M | $144.91M |
| Jun 2025 | $930.50M | $759.89M | $7.66M | $163.37M |
| Jun 2026 | $970.99M | $784.29M | $9.12M | $177.71M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| New York | $784.29M | 10 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $784.29M.
Similar-sized banks
Transpecos Banks, SSB ($972.07M) · First National Bank And Trust Company Of Weatherford ($968.32M)
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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