Waterford Bank, N.A.
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Data as of · sourced from FFIEC call reports. How we update
Waterford Bank, N.A. is an FDIC-insured commercial bank headquartered in Toledo, OH, established in 2007 (FDIC certificate 58433), and it is supervised by the OCC. At Q2 2026 it reported total assets of $1.77B, up 2.5% from Q2 2025, the 19th largest of 154 banks headquartered in Ohio. Its CET1 capital ratio was 11.43% at Q2 2026, above regulatory requirements.
- Charter
- Commercial bank
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 58433
- Headquarters
- Toledo, OH
- Established
- 2007
- Total assets, Q2 2026
- $1.77B
- Assets vs Q2 2025
- +2.5%
- CET1 ratio, Q2 2026
- 11.43%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 041215854
- Latest call report
- Q2 2026, FFIEC 051 · Waterford Bank, N.A. call report
- Holding company
- WATERFORD BANCORP, INC.
- Asset rank in state
- 19th of 154 in Ohio
Problem loans are rising at Waterford Bank, N.A.. It reported $1.8 billion in assets at June 30, 2026, up 2.5% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.68% of loans from 0.35% a year earlier. It holds common equity equal to 11.43% of its risk-weighted assets, lower than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 13.52%). On the other hand, it spends about 47 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 58 cents).
Delinquency has appeared in its $467 million commercial and industrial book: 1.16% of those loans are past due or on nonaccrual, against almost none a year earlier. Net income for the quarter rose 17% from a year earlier, to $5.8 million.
As of June 30, 2026, Waterford Bank, N.A. reported a CET1 capital ratio of 11.43%, a return on assets of 1.31%, a nonperforming-loan ratio of 0.68% and a Texas ratio of 5.24%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Waterford Bank, N.A. is the 19th largest of the 154 banks headquartered in Ohio. From Q1 2026 to Q2 2026, its total assets rose 3.2% to $1.77B, loans rose 4.5% and deposits rose 4.4%. Its loan book on June 30, 2026 was led by commercial and industrial loans, at 33.3% of total loans, followed by non-owner-occupied commercial real estate loans at 23.5%. Its 4 offices in the FDIC Summary of Deposits are in 4 cities across 2 states; its Toledo office books 78% of its branch deposits. On its Q2 2026 call report, Waterford Bank, N.A. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 3900 N Mccord Rd, Toledo, OH 43617
- County
- Lucas
- Metro Area
- Toledo, OH
- Charter
- Commercial bank, national (federal) charter, Fed member, OCC-supervised
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- August 29, 2007
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 108
- Domestic deposits
- $1.56B
- Allowance for credit losses
- $18.6M
- Net charge-offs (YTD)
- -$529K
- Average total assets
- $1.78B
- Average total loans
- $1.38B
- Average interest-bearing deposits
- $1.27B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 29, 2007
- FDIC Cert
- 58433
- Fed RSSD
- 3588424
- SEC CIK
- 1394342 → filed by WATERFORD BANCORP, INC.
- Website
- www.waterfordbankna.com →
- Parent Holding Company
- WATERFORD BANCORP, INC. (RSSD 3588415)
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Waterford Bank, N.A.'s total assets moved between a low of $1.66B (Q3 2023) and a high of $1.77B (Q2 2026) from Q3 2023 to Q2 2026, and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.77B total assets against $1.73B; $1.59B total liabilities against $1.57B.
$1.38B net loans and leases against $1.34B; $1.56B total deposits against $1.51B.
$269.6M securities against $291.9M; $58.6M cash and balances due against $37.8M.
$23.3M total interest income against $22.8M; $8.7M total interest expense against $9.7M.
$14.6M net interest income against $13.1M.
$1.3M total noninterest income against $1.7M; $7.5M total noninterest expense against $7.5M.
$1.1M provision for credit losses against $1.2M.
$5.8M net income against $5.0M.
1.31% return on assets against 1.12%; 3.38% net interest margin against 3.06%.
11.43% CET1 capital ratio against 10.86%; 10.45% tier 1 leverage ratio against 9.55%.
Inside the full Waterford Bank, N.A. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Waterford Bank, N.A. rankings
Its closest position to the top of a national ranking is 643 of 4,196, for total assets; its furthest is 1,859 of 2,134, for CET1 ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.24% (Q4 2024) to 1.31% (Q2 2026) and its net interest margin ran from 2.78% (Q3 2024) to 3.38% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 11.43% | 1.31% | 0.68% | 5.24% | 3.38% |
| Q1 2026 | 11.70% | 1.21% | 1.07% | 8.13% | 3.16% |
| Q4 2025 | 11.24% | 0.95% | 0.63% | 4.86% | 3.25% |
| Q3 2025 | 10.98% | 1.25% | 0.48% | 3.96% | 3.18% |
| Q2 2025 | 10.86% | 1.12% | 0.35% | 2.94% | 3.06% |
| Q1 2025 | 10.79% | 0.93% | 0.39% | 3.35% | 2.87% |
| Q4 2024 | 10.81% | 0.24% | 1.07% | 9.43% | 2.91% |
| Q3 2024 | 10.71% | 1.06% | 0.00% | 0.16% | 2.78% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Waterford Bank, N.A. | Toledo , OH | 43617 | $1.22B |
| Troy Branch Office | Troy , MI | 48098 | $225.5M |
| Waterford Bank, Clarkston, Mi | Clarkston , MI | 48346 | $61.3M |
| Perrysburg Branch Office | Perrysburg , OH | 43551 | $58.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 2020 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2020 | Structure Change | Acquired Clarkston State Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in OH, rank 31 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 67 applications, 57 loans originated, $39.9M originated, across 7 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $4.1M approved, $4.1M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2022 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Waterford Bank, N.A.
What are Waterford Bank, N.A.'s total assets?
As of the Q2 2026 filing, Waterford Bank, N.A. reported total assets of $1.77 billion in its FFIEC call report.
Where is Waterford Bank, N.A. headquartered?
It is headquartered in Toledo, OH, United States.
When was Waterford Bank, N.A. founded?
It was established in 2007, per the FDIC institution directory.
Is Waterford Bank, N.A. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #58433). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Waterford Bank, N.A.?
Waterford Bank, N.A.'s primary federal regulator is the OCC.
What is Waterford Bank, N.A.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 11.43% in its Q2 2026 call report, above regulatory requirements.
How many branches does Waterford Bank, N.A. operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Waterford Bank, N.A.'s Texas Ratio?
Its Texas Ratio is 5.24% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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