Waterman State Bank

Overview / Commentary

815-264-3201

244 West Lincoln Street
Waterman, IL 60556

Waterman State Bank is headquartered in Waterman and is the 404^th largest bank in the state of Illinois. It is also the 5,182^nd largest bank in the nation. It was established in 1908 and as of December of 2018, it had grown to 7 employees at 1 location. Waterman State Bank's CD rates are 39% higher than the national average, and it has a B health rating.

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Health

Data as of Q4 2018

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Waterman State Bank has a low asset base.

Health Grade Components

Overall
FDIC Certificate #	10878
Year Established	1908
Employees	7
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.13%
Return on Equity - YTD	12.69%
Annual Interest Income	$1.2MM

Assets and Liabilities
Assets	Q4 2018vs Q4 2017	$33.6MM$36.6MM
Loans	Q4 2018vs Q4 2017	$16.9MM$15.7MM
Deposits	Q4 2018vs Q4 2017	$27.2MM$30.1MM
Equity Capital	Q4 2018vs Q4 2017	$3.3MM$3.0MM
Loan Loss Allowance	Q4 2018vs Q4 2017	$241.00K$386.00K
Unbacked Noncurrent Loans	Q4 2018vs Q4 2017	$155.00K$304.00K
Real Estate Owned	Q4 2018vs Q4 2017	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Waterman State Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%^*	-	$10k	WSB Rewards Savings
OTHER TIERS: 0.50% → $10k+
0.25%	$1	-	Christmas Club
0.05%	$50	-	Regular Savings

Waterman State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$50k^*	-	Money Market Account
OTHER TIERS: 0.10% → $2.5k - $10k \| 0.15% → $10k - $25k \| 0.20% → $25k - $50k

Waterman State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%^*	-	$50k	WSB Rewards Checking
OTHER TIERS: 0.50% → $50k+

Waterman State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$5k	-	39 Month CD Special
2.40%	$1k	-	48 Month CD
2.25%	$5k	-	17 Month CD Special
2.00%	$1k	-	36 Month CD
1.85%	$1k	-	30 Month CD
1.75%	$1k	-	24 Month CD
1.50%	$1k	-	18 Month CD
1.25%	$1k	-	12 Month CD
0.75%	$1k	-	182 Day CD
0.40%	$1k	-	91 Day CD
0.23%	$1k	-	7-31 Day CD

Waterman State Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.75%	$1k	-	36 Month IRA
2.50%	$1k	-	24 Month IRA
2.25%	$1k	-	12 Month IRA

Locations

Waterman State Bank Locations
Waterman State Bank	244 West Lincoln Street	Waterman, IL 60556

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