BranchWatch

Waterman Bank

Headquartered in Waterman, IL. Part of Waterman Acquisition Group, Llc. FDIC certificate #10878 · Federal Reserve RSSD 604640.

Total assets
$172M
Deposits
$143M
Q1 2026
Active branches
3
Closings since Jan 2020
0
1 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$223K
Return on assets
0.53%
Return on equity
3.50%
Noncurrent loan rate
2.10%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
0
2023
0
2024
0
2025

Values in $ billions, June 30 of each year.

Openings by year

1
2022

Other network changes since 2020

  • 2 branch relocations
  • 1 branches acquired through purchases or mergers
  • June 7, 2021: legal name changed from “Waterman State Bank” to “Waterman Bank”

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.watermanbank.com.