| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Loans | 26,625 | 25,875 | ||
| Mortgage-related securities | 1,365 | 1,253 | ||
| Debt securities, federal funds sold and short-term investments | 1,566 | 1,557 | ||
| Total interest income | 29,556 | 28,685 | ||
| Deposits | 10,527 | 10,967 | ||
| Borrowings | 4,290 | 4,010 | ||
| Total interest expense | 14,817 | 14,977 | ||
| Net interest income | 14,739 | 13,708 | ||
| Provision (credit) for credit losses | -269 | -9 | ||
| Net interest income after provision (credit) for credit losses | 15,008 | 13,717 | ||
| Service charges on loans and deposits | 618 | 413 | ||
| Increase in cash surrender value of life insurance | 526 | 1,014 | ||
| Mortgage banking income | 20,875 | 22,559 | ||
| Other | 283 | 343 | ||
| Total noninterest income | 22,302 | 24,329 | ||
| Compensation, payroll taxes, and other employee benefits | 20,534 | 21,121 | ||
| Occupancy, office furniture, and equipment | 1,688 | 1,753 | ||
| Advertising | 712 | 746 | ||
| Data processing | 1,210 | 1,313 | ||
| Communications | 249 | 257 | ||
| Professional fees | 380 | 500 | ||
| Real estate owned | 4 | -8 | ||
| Loan processing expense | 688 | 817 | ||
| Other | 2,001 | 1,878 | ||
| Total noninterest expenses | 27,466 | 28,377 | ||
| Income before income taxes | 9,844 | 9,669 | ||
| Income tax expense | 1,918 | 1,942 | ||
| Net income | 7,926 | 7,727 | ||
| Basic earnings per share (in dollars per share) | 0.45 | 0.43 | ||
| Diluted (in shares) | 17,671,000 | 18,004,000 | ||
| Diluted earnings per share (in dollars per share) | 0.45 | 0.43 | ||
| Weighted average shares outstanding (in shares) | 17,639,000 | 17,989,000 | ||
Waterstone Financial, Inc. (WSBF)
Waterstone Financial, Inc. (WSBF)