Waterman State Bank

Overview / Commentary

www.watermanbank.com

815-264-3201

248 West Lincoln Street
Waterman, IL 60556

Waterman State Bank is headquartered in Waterman and is the 342^nd largest bank in the state of Illinois. It is also the 4,535^th largest bank in the nation. It was established in 1908 and as of September of 2020, it had grown to 26 employees at 1 location. Waterman State Bank has an A health rating.

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Health

Data as of Q3 2020

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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 relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #	10878
Year Established	1908
Employees	26
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.57%
Return on Equity - YTD	15.19%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q3 2020vs Q3 2019	$62.3MM$33.6MM
Loans	Q3 2020vs Q3 2019	$45.6MM$15.4MM
Deposits	Q3 2020vs Q3 2019	$37.8MM$26.3MM
Equity Capital	Q3 2020vs Q3 2019	$6.3MM$3.7MM
Loan Loss Allowance	Q3 2020vs Q3 2019	$72.00K$198.00K
Unbacked Noncurrent Loans	Q3 2020vs Q3 2019	$0$0
Real Estate Owned	Q3 2020vs Q3 2019	$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
0.99%	$5k	-	28 Month CD Special
0.70%	$1k	-	48 Month CD
0.65%	$1k	-	36 Month CD
0.60%	$1k	-	30 Month CD
0.59%	$5k	-	15 Month CD Special
0.55%	$1k	-	24 Month CD
0.50%	$1k	-	18 Month CD
0.45%	$1k	-	12 Month CD
0.35%	$1k	-	182 Day CD
0.20%	$1k	-	91 Day CD
0.15%	$1k	-	7-31 Day CD

Waterman State Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.30%	$1k	-	36 Month IRA
1.20%	$1k	-	24 Month IRA
0.99%	$1k	-	12 Month IRA

Locations

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

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