Waterman Bank is headquartered in Waterman and is the 298th largest bank in the state of Illinois. It is also the 4,073rd largest bank in the nation. It was established in 1908 and as of March of 2022, it had grown to 29 employees at 1 location. Waterman Bank's money market rates are 2X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 10878 |
Year Established | 1908 |
Employees | 29 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | -0.61% |
Return on Equity - YTD | -3.48% |
Annual Interest Income | $696.00K |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $93.1MM$69.7MM |
Loans | Q1 2022vs Q1 2021 | $49.6MM$45.0MM |
Deposits | Q1 2022vs Q1 2021 | $72.7MM$43.9MM |
Equity Capital | Q1 2022vs Q1 2021 | $15.5MM$7.4MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $252.00K$132.00K |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $603.00K$0 |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | - | - | High Yield Savings | |
0.50% | - | - | Kid Savings Account | |
0.25% | $1 | - | Christmas Club |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.01%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.25% → $2.5k - $10k | 0.35% → $10k - $25k | 0.45% → $25k - $50k | 0.55% → $50k - $75k | 0.75% → $75k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | - | - | Checking Account | |
0.25% | - | - | Business Checking |
Waterman Bank Locations | ||
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Waterman State Bank | 244 W Lincoln Hwy | Waterman, IL 60556 |
Waterman Bank Branch | 1747 W. North Avenue | Chicago, IL 60622 |