ADDED
false --12-31 FY 2025 true true true true The Board of Directors, through the ITSC and CRMC, provides direction and oversight of the enterprise-wide risk management framework of the Company, including the management of risks arising from cybersecurity threats.
The Board of Directors review and approve the Information Security Policy.
The Board of Directors receives regular presentations which include updates on cybersecurity risks, including the threat environment, evolving standards, projects and initiatives, vulnerability assessments, third-party and independent reviews, technological trends and information security considerations arising with respect to the Company s peers and third parties.
The Board of Directors also receives information regarding any cybersecurity incident that meets established reporting thresholds, as well as ongoing updates regarding any such incident until it has been addressed.
The Board of Directors, through the ITSC and CRMC, provides direction and oversight of the enterprise-wide risk management framework of the Company, including the management of risks arising from cybersecurity threats.
The Board of Directors review and approve the Information Security Policy.
The Board of Directors receives regular presentations which include updates on cybersecurity risks, including the threat environment, evolving standards, projects and initiatives, vulnerability assessments, third-party and independent reviews, technological trends and information security considerations arising with respect to the Company s peers and third parties.
The Board of Directors also receives information regarding any cybersecurity incident that meets established reporting thresholds, as well as ongoing updates regarding any such incident until it has been addressed.
Includes $819,000 and $522,000 for December 31, 2025 and 2024, respectively, which are on non-accrual status.
Includes $ - and $1.1 million for December 31, 2025 and 2024, respectively, which are on non-accrual status.
REMOVED
Includes $522,000 and $193,000 for December 31, 2024 and 2023, respectively, which are on non-accrual status.
Includes $28,000 and $171,000 for December 31, 2024 and 2023, respectively, which are on non-accrual status.
The 2021 amounts presented are calculated under the prior accounting standard.
As of February 21, 2025, 19,319,808 shares of the Registrant s Common Stock were issued and outstanding.
Market for Registrant's Common Equity, Related Stockholders Matters and Issuer Purchases of Equity Securities 39 - 40 6.
Management's Discussion and Analysis of Financial Condition and Results of Operations 40 - 53 7A.
Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 106 9A.
WaterStone Bank also has an active mortgage banking subsidiary, Waterstone Mortgage Corporation, which had 66 offices in 26 states as of December 31, 2024.
At December 31, 2024, such loans comprised 30.71%, 44.12%, and 18.65%, respectively, of WaterStone Bank s loan portfolio.
At June 30, 2024 (the latest date for which information was publicly available), 42.5% of deposits in the State of Wisconsin were located in the seven-county Milwaukee metropolitan market and 36.4% of deposits in the State of Wisconsin were located in the three counties in which the Bank has a branch office.