$WSBF
Waterstone Financial, Inc. Stock $wsbf

$wsbf Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000143774922011317 Filed on May 06, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$15.03M	$17.97M
YoY Change	-16.36%	-7.62%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.100M	$1.700M
YoY Change	-35.29%	163.16%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$3.166M	$4.017M
YoY Change	-21.18%	-42.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$6.823M	$28.22M
YoY Change	-75.82%	252.89%
Income Tax	$1.532M	$6.877M
% Of Pretax Income	22.45%	24.37%
Net Earnings	$5.291M	$21.34M
YoY Change	-75.21%	251.69%
Net Earnings / Revenue	35.2%	118.78%
Basic Earnings Per Share	$0.23	$0.90
Diluted Earnings Per Share	$0.23	$0.89
COMMON SHARES
Basic Shares Outstanding	23.13M	23.74M
Diluted Shares Outstanding	23.31M	23.95M

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$278.5M	$198.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$21.93M	$30.50M
YoY Change	-28.09%	23.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$2.005B	$2.189B
YoY Change	-8.42%	6.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$10.80M	$19.50M
YoY Change	-44.62%	-8.02%
Deferred Revenue
YoY Change
Short-Term Debt	$6.500M	$16.50M
YoY Change	-60.61%	-58.75%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$10.80M	$19.50M
YoY Change	-44.62%	-8.02%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$44.70M	$37.60M
YoY Change	18.88%	-32.13%
Total Long-Term Liabilities	$44.70M	$37.60M
YoY Change	18.88%	-32.13%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.80M	$19.50M
Total Long-Term Liabilities	$44.70M	$37.60M
Total Liabilities	$1.592B	$1.767B
YoY Change	-9.9%	4.89%
SHAREHOLDERS EQUITY
Retained Earnings	$272.7M
YoY Change
Common Stock	$241.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$412.3M	$430.7M
YoY Change
Total Liabilities & Shareholders Equity	$2.005B	$2.198B
YoY Change	-8.8%	6.87%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	$5.291M	$21.34M
YoY Change	-75.21%	251.69%
Depreciation, Depletion And Amortization	$1.100M	$1.700M
YoY Change	-35.29%	163.16%
Cash From Operating Activities	$142.6M	$59.39M
YoY Change	140.11%	-257.69%
INVESTING ACTIVITIES
Capital Expenditures	$121.0K	$268.0K
YoY Change	-54.85%	11.2%
Acquisitions
YoY Change
Other Investing Activities	-$33.50M	$35.70M
YoY Change	-193.84%	-339.6%
Cash From Investing Activities	-$33.67M	$35.41M
YoY Change	-195.08%	-333.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$13.76M	$7.000K
YoY Change	196400.0%	-99.95%
Debt Paid & Issued, Net	$155.0M	$0.00
YoY Change
Cash From Financing Activities	-$207.1M	$8.832M
YoY Change	-2445.19%	-76.55%
NET CHANGE
Cash From Operating Activities	$142.6M	$59.39M
Cash From Investing Activities	-$33.67M	$35.41M
Cash From Financing Activities	-$207.1M	$8.832M
Net Change In Cash	-$98.19M	$103.6M
YoY Change	-194.75%	-782.88%
FREE CASH FLOW
Cash From Operating Activities	$142.6M	$59.39M
Capital Expenditures	$121.0K	$268.0K
Free Cash Flow	$142.5M	$59.12M
YoY Change	140.99%	-255.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2022Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-76000	USD
CY2021Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-1070000	USD
CY2022Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	11940000	USD
CY2021Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	15022000	USD
CY2022Q1	us-gaap	Investment Banking Advisory Brokerage And Underwriting Fees And Commissions InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions	510000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	432000	USD
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	23605220
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
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CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000
CY2022Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000
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CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24795124
CY2022Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	2623000	USD
CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2021Q4	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	0	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	0	USD
CY2021Q4	wsbf	Loans And Leases Receivable Related Parties Past Due Or Impaired LoansAndLeasesReceivableRelatedPartiesPastDueOrImpaired	0	USD
CY2022Q1	wsbf	Period Of Time Sales Of Real Estate Owned Fair Value Is Based PeriodOfTimeSalesOfRealEstateOwnedFairValueIsBased	P2Y
CY2021Q1	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	0	pure
CY2022Q1	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	0	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Mortgage Servicing Rights Msr ProceedsFromSaleOfMortgageServicingRightsMSR	0	USD
CY2021Q4	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	24400000	USD
CY2021Q4	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	0	USD
CY2022Q1	wsbf	Fair Value Transfers Into Out Of Levels12 And3 Amount FairValueTransfersIntoOutOfLevels12And3Amount	0	USD
CY2022Q1	us-gaap	Cash Cash	247857000	USD
CY2021Q4	us-gaap	Cash Cash	343016000	USD
CY2022Q1	us-gaap	Federal Funds Sold FederalFundsSold	10954000	USD
CY2021Q4	us-gaap	Federal Funds Sold FederalFundsSold	13981000	USD
CY2022Q1	wsbf	Interest Earning Deposits In Other Financial Institutions And Other Short Term Investments InterestEarningDepositsInOtherFinancialInstitutionsAndOtherShortTermInvestments	19719000	USD
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CY2022Q1	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	154440000	USD
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CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	1207416000	USD
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CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	16905000	USD
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CY2022Q1	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	24438000	USD
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CY2022Q1	us-gaap	Cash Surrender Value Of Life Insurance CashSurrenderValueOfLifeInsurance	65315000	USD
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CY2022Q1	us-gaap	Demand Deposit Accounts DemandDepositAccounts	218119000	USD
CY2021Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	214409000	USD
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CY2022Q1	us-gaap	Time Deposits TimeDeposits	591619000	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	272740000	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	273398000	USD
CY2022Q1	us-gaap	Unearned Esop Shares UnearnedESOPShares	13946000	USD
CY2021Q4	us-gaap	Unearned Esop Shares UnearnedESOPShares	14243000	USD
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-8137000	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1135000	USD
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CY2021Q1	us-gaap	Noninterest Income NoninterestIncome	56199000	USD
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CY2022Q1	us-gaap	Communication Communication	340000	USD
CY2021Q1	us-gaap	Communication Communication	331000	USD
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CY2021Q1	us-gaap	Dividends Dividends	4772000	USD
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CY2021Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2059000	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	170000	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	175000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Rolling After Year Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearTenFairValue	4358000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost	161541000	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	175000	USD
CY2021Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	430681000	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	432773000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	5291000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-7002000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1711000	USD
CY2022Q1	us-gaap	Amortization Of Esop Award AmortizationOfESOPAward	533000	USD
CY2022Q1	us-gaap	Dividends Dividends	4557000	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	191000	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	170000	USD
CY2022Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	13755000	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	412252000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	5291000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	21344000	USD
CY2022Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-76000	USD
CY2021Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-1070000	USD
CY2022Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	1081000	USD
CY2021Q1	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	1749000	USD
CY2022Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-310000	USD
CY2022Q1	wsbf	Payments For Origination Of Mortgage Servicing Rights Msr PaymentsForOriginationOfMortgageServicingRightsMsr	1001000	USD
CY2021Q1	wsbf	Payments For Origination Of Mortgage Servicing Rights Msr PaymentsForOriginationOfMortgageServicingRightsMsr	3516000	USD
CY2022Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	22141000	USD
CY2021Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	53708000	USD
CY2022Q1	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	698115000	USD
CY2021Q1	us-gaap	Payments To Purchase Loans Held For Sale PaymentsToPurchaseLoansHeldForSale	1109074000	USD
CY2022Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	878554000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	1223492000	USD
CY2022Q1	us-gaap	Increase Decrease In Insurance Assets IncreaseDecreaseInInsuranceAssets	340000	USD
CY2021Q1	us-gaap	Increase Decrease In Insurance Assets IncreaseDecreaseInInsuranceAssets	-0	USD
CY2022Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	160000	USD
CY2021Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-33000	USD
CY2022Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	316000	USD
CY2021Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	301000	USD
CY2022Q1	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	4681000	USD
CY2021Q1	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	544000	USD
CY2022Q1	wsbf	Increase Decrease In Accrued Interest On Deposits And Borrowings IncreaseDecreaseInAccruedInterestOnDepositsAndBorrowings	102000	USD
CY2021Q1	wsbf	Increase Decrease In Accrued Interest On Deposits And Borrowings IncreaseDecreaseInAccruedInterestOnDepositsAndBorrowings	102000	USD
CY2022Q1	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	732000	USD
CY2021Q1	us-gaap	Increase Decrease In Prepaid Taxes IncreaseDecreaseInPrepaidTaxes	463000	USD
CY2022Q1	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	-0	USD
CY2021Q1	us-gaap	Gain Loss Related To Litigation Settlement GainLossRelatedToLitigationSettlement	4250000	USD
CY2022Q1	us-gaap	Increase Decrease In Derivative Liabilities IncreaseDecreaseInDerivativeLiabilities	3477000	USD
CY2021Q1	us-gaap	Increase Decrease In Derivative Liabilities IncreaseDecreaseInDerivativeLiabilities	-5140000	USD
CY2022Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-0	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	11000	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	17995000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	11282000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	142604000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	59391000	USD
CY2022Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	1015000	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	268000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8832000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-98192000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	103634000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	376722000	USD
CY2022Q1	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	-2753000	USD
CY2021Q1	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	-5025000	USD
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	17223000	USD
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4847000	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	13755000	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	7000	USD
CY2022Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	191000	USD
CY2021Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1459000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-207127000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue	21601000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis	13199000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Six Through Ten Fair Value AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue	12024000	USD
CY2021Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	885000	USD
CY2022Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	0	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	183000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-33669000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	35411000	USD
CY2022Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	-22938000	USD
CY2021Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	34821000	USD
CY2022Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	4351000	USD
CY2021Q1	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-17569000	USD
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	155000000	USD
CY2021Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	-0	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	94767000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	278530000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	198401000	USD
CY2022Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2135000	USD
CY2021Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	5281000	USD
CY2022Q1	wsbf	Interest Paid Received Excluding Capitalized Interest InterestPaidReceivedExcludingCapitalizedInterest	3064000	USD
CY2021Q1	wsbf	Interest Paid Received Excluding Capitalized Interest InterestPaidReceivedExcludingCapitalizedInterest	4119000	USD
CY2022Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	4860000	USD
CY2021Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	5157000	USD
CY2022Q1	us-gaap	Basis Of Accounting BasisOfAccounting	<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b><a href="#" id="notes" title="notes"/>Note <em style="font: inherit;">1</em> </b>—<b> Basis of Presentation</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The unaudited interim consolidated financial statements include the accounts of Waterstone Financial, Inc. (the “Company”) and the Company’s subsidiaries.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">WaterStone Bank SSB (the "Bank") is a community bank that has served the banking needs of its customers since <em style="font: inherit;">1921.</em> WaterStone Bank also has an active mortgage banking subsidiary, Waterstone Mortgage Corporation.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">WaterStone Bank conducts its community banking business from 14 banking offices located in Milwaukee, Washington and Waukesha Counties, Wisconsin. WaterStone Bank's principal lending activity is originating <em style="font: inherit;">one</em>- to <em style="font: inherit;">four</em>-family, multi-family residential real estate, and commercial real estate loans for retention in its portfolio. WaterStone Bank also offers home equity loans and lines of credit, construction and land loans, commercial business loans, and consumer loans. WaterStone Bank funds its loan production primarily with retail deposits and Federal Home Loan Bank advances. Our deposit offerings include: certificates of deposit, money market savings accounts, transaction deposit accounts, non-interest bearing demand accounts and individual retirement accounts. Our investment securities portfolio is comprised principally of mortgage-backed securities, government-sponsored enterprise bonds and municipal obligations.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">WaterStone Bank's mortgage banking operations are conducted through its wholly-owned subsidiary, Waterstone Mortgage Corporation. Waterstone Mortgage Corporation originates single-family residential real estate loans for sale into the secondary market. Waterstone Mortgage Corporation utilizes lines of credit provided by WaterStone Bank as a primary source of funds, and also utilizes a line of credit with another financial institution as needed.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) for interim financial information, Rule <em style="font: inherit;">10</em>-<em style="font: inherit;">01</em> of Regulation S-<em style="font: inherit;">X</em> and the instructions to Form <em style="font: inherit;">10</em>-Q. The financial statements do <em style="font: inherit;">not</em> include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of normal recurring accruals) necessary to present fairly the financial position, results of operations, changes in shareholders’ equity, and cash flows of the Company for the periods presented.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The accompanying unaudited consolidated financial statements and related notes should be read in conjunction with the Company’s <em style="font: inherit;"> December 31, 2021</em> Annual Report on Form <em style="font: inherit;">10</em>-K. Operating results for the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2022</em> are <em style="font: inherit;">not</em> necessarily indicative of the results that <em style="font: inherit;"> may </em>be expected for the year ending <em style="font: inherit;"> December 31, 2022 </em>or for any other period.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The preparation of the unaudited consolidated financial statements requires management of the Company to make a number of estimates and assumptions relating to the reported amount of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include the allowance for loan losses, income taxes, and fair value measurements. Actual results could differ from those estimates.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><i>Subsequent Events</i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The Company has evaluated subsequent events for potential recognition and/or disclosure through the date the unaudited consolidated financial statements included in this Quarterly Report on Form <em style="font: inherit;">10</em>-Q were issued. There were <em style="font: inherit;">no</em> significant subsequent events for the <em style="font: inherit;">three</em> months ended <em style="font: inherit;"> March 31, 2022</em> through the issuance date of these unaudited consolidated financial statements that warranted adjustment to or disclosure in the unaudited consolidated financial statements.</p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><i>Impact of Recent Accounting Pronouncements</i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><i>ASC Topic <em style="font: inherit;">326</em> "Financial Instruments - Credit Losses."</i> Authoritative accounting guidance under ASC Topic <em style="font: inherit;">326,</em> "Financial Instruments - Credit Losses" amended the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information for credit loss estimates. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. The authoritative guidance also requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected (net of the allowance for credit losses). In addition, the credit losses relating to available-for-sale (AFS) debt securities should be recorded through an allowance for credit losses rather than a write-down.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">On <em style="font: inherit;"> March 27, 2020, </em>the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. It included an option for entities to delay the adoption of ASC Topic <em style="font: inherit;">326</em> until the earlier of the termination date of the national emergency declaration by the President or <em style="font: inherit;"> December 31, 2021</em>. Due to the uncertainty on the economy and unemployment from COVID-<em style="font: inherit;">19,</em> the Company determined to delay its adoption of ASC Topic <em style="font: inherit;">326</em> and has calculated and recorded its provision for loan losses under the incurred loss model that existed prior to ASC Topic <em style="font: inherit;">326.</em> On <em style="font: inherit;"> December 27, 2020, </em>the <em style="font: inherit;">2021</em> Consolidated Appropriations Act was signed into law. The legislation extended the delay of the adoption of ASC Topic <em style="font: inherit;">326</em> allowed under the CARES Act until the earlier of the <em style="font: inherit;">first</em> day of the fiscal year that begins after the date when the COVID-<em style="font: inherit;">19</em> national emergency is terminated or <em style="font: inherit;"> January 1, 2022.</em></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"><i>ASC Topic <em style="font: inherit;">326</em> "Financial Instruments - Credit Losses."</i> Authoritative accounting guidance under ASC Topic <em style="font: inherit;">326,</em> "Troubled Debt Restructurings and Vintage Disclosures" eliminates the accounting guidance for troubled debt restructurings (“TDRs”), while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The accounting guidance also requires public business entities to expand the vintage disclosures to include gross charge-offs by year of origination. The updated guidance is effective for fiscal years beginning after <em style="font: inherit;"> December 15, 2022, </em>with early adoption permitted. The Company is evaluating the impact of this ASU on its consolidated financial statements.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"> </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"><i>Accounting Standards Adopted in <em style="font: inherit;">2022</em></i></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">The Company adopted ASC Topic <em style="font: inherit;">326</em> on <em style="font: inherit;"> January 1, 2022, </em>and applied the standard’s provisions as a cumulative-effect adjustment to retained earnings, as of <em style="font: inherit;"> January 1, 2022 (</em>i.e., modified retrospective approach). Upon adoption of the standard, the Company recorded a $430,000 increase to the allowance for credit losses and $1.4 million increase to the allowance for unfunded commitments which resulted in a $1.4 million after-tax decrease to retained earnings as of <em style="font: inherit;"> January 1, 2022. </em>The tax effect resulted in a $439,000 increase to deferred tax assets. </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">The Company did <em style="font: inherit;">not</em> record an allowance for AFS securities on <em style="font: inherit;"> January 1, 2022 </em>as the investment portfolio consists primarily of debt securities explicitly or implicitly backed by the U.S. Government for which credit risk is deemed minimal. The impact going forward will depend on the composition, characteristics, and credit quality of the loan and securities portfolios as well as the economic conditions at future reporting periods. See Note <em style="font: inherit;">2</em> - Securities Available for Sale and Note <em style="font: inherit;">3</em> - Loans Receivable for more information.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p>
CY2022Q1	wsbf	Number Of Offices NumberOfOffices	14	pure
CY2022Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	212446000	USD
CY2022Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	545000	USD
CY2022Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	11038000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	201953000	USD
CY2021Q4	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	179884000	USD
CY2021Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	2322000	USD
CY2021Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	3190000	USD
CY2021Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	179016000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Rolling Year Two Through Five Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis	21412000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis	11188000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Next Rolling Twelve Months Fair Value AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue	11223000	USD
CY2022Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	81000	USD
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	1000	USD
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	617000	USD
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	16905000	USD
CY2020Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	18823000	USD
CY2021Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-1070000	USD
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	1207416000	USD
CY2021Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1205785000	USD
CY2022Q1	us-gaap	Loans And Leases Receivable Related Parties LoansAndLeasesReceivableRelatedParties	2300000	USD
CY2021Q4	us-gaap	Loans And Leases Receivable Related Parties LoansAndLeasesReceivableRelatedParties	2500000	USD
CY2022Q1	wsbf	Loans And Leases Receivable Related Parties Past Due Or Impaired LoansAndLeasesReceivableRelatedPartiesPastDueOrImpaired	0	USD
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	1207416000	USD
CY2021Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1205785000	USD
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	15778000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue	152747000	USD
CY2022Q1	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	212446000	USD
CY2022Q1	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	201953000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	131334000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	7778000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	26232000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	3260000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	157566000	USD
CY2022Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	11038000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	74215000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	1749000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	15127000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	1441000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	89342000	USD
CY2021Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	3190000	USD
CY2022Q1	wsbf	Securities Unrealized Loss Position Number Of Positions SecuritiesUnrealizedLossPositionNumberOfPositions	131	pure
CY2022Q1	us-gaap	Debt Securities Available For Sale Allowance For Credit Loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss	0	USD
CY2022Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	0	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	14000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses Recovery FinancingReceivableAllowanceForCreditLossesRecovery	41000	USD
CY2021Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	17780000	USD
CY2022Q1	us-gaap	Financing Receivable Modifications Recorded Investment FinancingReceivableModificationsRecordedInvestment	2077000	USD
CY2022Q1	us-gaap	Financing Receivable Modifications Recorded Investment FinancingReceivableModificationsRecordedInvestment	2077000	USD
CY2022Q1	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	7	pure
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	15778000	USD
CY2021Q4	us-gaap	Financing Receivable Modifications Recorded Investment FinancingReceivableModificationsRecordedInvestment	3989000	USD
CY2021	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	7	pure
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	15778000	USD
CY2022Q1	wsbf	Minimum Number Of Consecutive Contractual Payments Received Prior To Consideration For A Return To Accrual Status MinimumNumberOfConsecutiveContractualPaymentsReceivedPriorToConsiderationForAReturnToAccrualStatus	6	pure
CY2021Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	7893000	USD
CY2022Q1	us-gaap	Financing Receivable Originated Two Years Before Latest Fiscal Year FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear	270336000	USD
CY2022Q1	us-gaap	Financing Receivable Originated Three Years Before Latest Fiscal Year FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear	141504000	USD
CY2022Q1	us-gaap	Financing Receivable Originated Four Years Before Latest Fiscal Year FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear	94280000	USD
CY2022Q1	us-gaap	Financing Receivable Originated Five Or More Years Before Latest Fiscal Year FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear	250419000	USD
CY2022Q1	us-gaap	Financing Receivable Revolving FinancingReceivableRevolving	20632000	USD
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	1207416000	USD
CY2021Q4	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	0	USD
CY2022Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	81000	USD
CY2021Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-1070000	USD
CY2022Q1	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	0	USD
CY2021Q1	us-gaap	Provision For Other Credit Losses ProvisionForOtherCreditLosses	0	USD
CY2022Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-76000	USD
CY2021Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-1070000	USD
CY2022Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	16905000	USD
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	1207416000	USD
CY2021Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	1197892000	USD
CY2021Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1205785000	USD
CY2022Q1	wsbf	Minimum Amount Of Potential Loan Exposure To Be Reviewed By Credit Management Personnel MinimumAmountOfPotentialLoanExposureToBeReviewedByCreditManagementPersonnel	1000000	USD
CY2022Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	1207416000	USD
CY2021Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	1205785000	USD
CY2022Q1	us-gaap	Financing Receivable Originated In Current Fiscal Year FinancingReceivableOriginatedInCurrentFiscalYear	125566000	USD
CY2022Q1	us-gaap	Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear	304679000	USD
CY2022Q1	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	7	pure
CY2021Q4	us-gaap	Financing Receivable Modifications Recorded Investment FinancingReceivableModificationsRecordedInvestment	3989000	USD
CY2021	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	7	pure
CY2021Q1	us-gaap	Financing Receivable Modifications Number Of Contracts2 FinancingReceivableModificationsNumberOfContracts2	1	pure
CY2021Q1	us-gaap	Financing Receivable Modifications Recorded Investment FinancingReceivableModificationsRecordedInvestment	583000	USD
CY2021Q1	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	0	pure
CY2022Q1	wsbf	Unpaid Principal Balance Of Loans Serviced For Others UnpaidPrincipalBalanceOfLoansServicedForOthers	317100000	USD
CY2021Q1	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	663000	USD
CY2022Q1	us-gaap	Servicing Asset At Amortized Value Disposals ServicingAssetAtAmortizedValueDisposals	-0	USD
CY2021Q1	us-gaap	Servicing Asset At Amortized Value Disposals ServicingAssetAtAmortizedValueDisposals	-0	USD
CY2022Q1	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	2451000	USD
CY2021Q1	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	8830000	USD
CY2022Q1	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	7000	USD
CY2021Q1	us-gaap	Valuation Allowance For Impairment Of Recognized Servicing Assets Balance ValuationAllowanceForImpairmentOfRecognizedServicingAssetsBalance	0	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Net MortgageServicingRightsNet	2458000	USD
CY2021Q1	wsbf	Mortgage Servicing Rights Net MortgageServicingRightsNet	8830000	USD
CY2022Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	878600000	USD
CY2022Q1	us-gaap	Fees And Commissions Mortgage Banking And Servicing FeesAndCommissionsMortgageBankingAndServicing	28300000	USD
CY2022Q1	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	6646000	USD
CY2021Q4	us-gaap	Financing Receivable Recorded Investment Nonaccrual Status FinancingReceivableRecordedInvestmentNonaccrualStatus	5574000	USD
CY2022Q1	wsbf	Nonaccrual Loans To Total Loans Receivable Percentage NonaccrualLoansToTotalLoansReceivablePercentage	0.0055	pure
CY2021Q4	wsbf	Nonaccrual Loans To Total Loans Receivable Percentage NonaccrualLoansToTotalLoansReceivablePercentage	0.0046	pure
CY2022Q1	wsbf	Nonaccrual Loans To Total Assets Percentage NonaccrualLoansToTotalAssetsPercentage	0.0033	pure
CY2021Q4	wsbf	Nonaccrual Loans To Total Assets Percentage NonaccrualLoansToTotalAssetsPercentage	0.0025	pure
CY2021Q4	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	1555000	USD
CY2020Q4	us-gaap	Servicing Asset At Amortized Value ServicingAssetAtAmortizedValue	5977000	USD
CY2022Q1	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	1001000	USD
CY2021Q1	us-gaap	Servicing Asset At Amortized Value Additions ServicingAssetAtAmortizedValueAdditions	3516000	USD
CY2022Q1	us-gaap	Servicing Asset At Amortized Value Amortization1 ServicingAssetAtAmortizedValueAmortization1	105000	USD
CY2021Q4	wsbf	Unpaid Principal Balance Of Loans Serviced For Others UnpaidPrincipalBalanceOfLoansServicedForOthers	204800000	USD
CY2022Q1	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	3400000	USD
CY2021Q4	us-gaap	Servicing Asset At Amortized Value Fair Value ServicingAssetAtAmortizedValueFairValue	1800000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Future Amortization Expenses Year One MortgageServicingRightsFutureAmortizationExpensesYearOne	315000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Future Amortization Expenses Year Two MortgageServicingRightsFutureAmortizationExpensesYearTwo	390000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Future Amortization Expenses Year Three MortgageServicingRightsFutureAmortizationExpensesYearThree	338000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Future Amortization Expenses Year Four MortgageServicingRightsFutureAmortizationExpensesYearFour	308000	USD
CY2022Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.225	pure
CY2021Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.244	pure
CY2021Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	3178000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Future Amortization Expenses Year Five MortgageServicingRightsFutureAmortizationExpensesYearFive	274000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights Future Amortization Expenses Thereafter MortgageServicingRightsFutureAmortizationExpensesThereafter	833000	USD
CY2022Q1	wsbf	Mortgage Servicing Rights MortgageServicingRights	2458000	USD
CY2022Q1	us-gaap	Deposit Liability Uninsured DepositLiabilityUninsured	314200000	USD
CY2021Q4	us-gaap	Deposit Liability Uninsured DepositLiabilityUninsured	318000000.0	USD
CY2022Q1	us-gaap	Time Deposit Maturities Year One TimeDepositMaturitiesYearOne	511518000	USD
CY2022Q1	us-gaap	Time Deposit Maturities Year Two TimeDepositMaturitiesYearTwo	73935000	USD
CY2022Q1	us-gaap	Time Deposit Maturities Year Three TimeDepositMaturitiesYearThree	4208000	USD
CY2022Q1	us-gaap	Time Deposit Maturities Year Four TimeDepositMaturitiesYearFour	1165000	USD
CY2022Q1	us-gaap	Time Deposit Maturities Year Five TimeDepositMaturitiesYearFive	793000	USD
CY2022Q1	us-gaap	Time Deposits TimeDeposits	591619000	USD
CY2022Q1	us-gaap	Related Party Deposit Liabilities RelatedPartyDepositLiabilities	26600000	USD
CY2021Q4	us-gaap	Related Party Deposit Liabilities RelatedPartyDepositLiabilities	27400000	USD
CY2022Q1	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	24400000	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1500000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6900000	USD
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.90
CY2022Q1	us-gaap	Communication Communication	340000	USD
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.23
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.89
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	23950000
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.23
CY2022Q1	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	0	USD
CY2022Q1	us-gaap	Litigation Reserve LitigationReserve	1900000	USD
CY2021Q4	us-gaap	Litigation Reserve LitigationReserve	2100000	USD
CY2022Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	87000
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	35000
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	5291000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	21344000	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23132000
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23735000
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	179000
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	215000
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	23311000
CY2022Q1	us-gaap	Professional Fees ProfessionalFees	461000	USD
CY2022Q1	us-gaap	Foreclosed Real Estate Expense ForeclosedRealEstateExpense	5000	USD
CY2022Q1	us-gaap	Loan Processing Fee LoanProcessingFee	1431000	USD
CY2022Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	2868000	USD
CY2022Q1	us-gaap	Noninterest Expense NoninterestExpense	34935000	USD
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6823000	USD
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1532000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	5291000	USD
CY2022Q1	us-gaap	Assets Assets	2004614000	USD
CY2021Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13952000	USD
CY2021Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-1070000	USD
CY2021Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	15022000	USD
CY2022Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	11940000	USD
CY2022Q1	us-gaap	Noninterest Income NoninterestIncome	29818000	USD
CY2022Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	25535000	USD
CY2022Q1	us-gaap	Occupancy Net OccupancyNet	2188000	USD
CY2022Q1	us-gaap	Advertising Expense AdvertisingExpense	905000	USD
CY2022Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	1202000	USD
CY2022Q1	wsbf	Fair Value Transfers Into Out Of Levels12 And3 Amount FairValueTransfersIntoOutOfLevels12And3Amount	0	USD
CY2022Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	pure
CY2022Q1	wsbf	Number Of States Products And Services Are Provided NumberOfStatesProductsAndServicesAreProvided	23	pure
CY2022Q1	wsbf	Number Of States The Company Can Lend State NumberOfStatesTheCompanyCanLendState	48	pure
CY2022Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	11864000	USD
CY2022Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-76000	USD
CY2021Q1	us-gaap	Noninterest Income NoninterestIncome	56199000	USD
CY2021Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	34123000	USD
CY2021Q1	us-gaap	Occupancy Net OccupancyNet	2565000	USD
CY2021Q1	us-gaap	Advertising Expense AdvertisingExpense	824000	USD
CY2021Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	971000	USD
CY2021Q1	us-gaap	Communication Communication	331000	USD
CY2021Q1	wsbf	Professional Income Fees ProfessionalIncomeFees	-315000	USD
CY2021Q1	wsbf	Foreclosed Real Estate Expense Income ForeclosedRealEstateExpenseIncome	-12000	USD
CY2021Q1	us-gaap	Loan Processing Fee LoanProcessingFee	1335000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6877000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	28221000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	21344000	USD
CY2021Q1	us-gaap	Assets Assets	2189011000	USD
CY2021Q1	us-gaap	Noninterest Expense NoninterestExpense	43000000	USD

Files In Submission

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0001437749-22-011317.txt	Edgar Link	pending
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$WSBF
Waterstone Financial, Inc. Stock $wsbf

2022 Q1 Form 10-Q Financial Statement

#000143774922011317 Filed on May 06, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WSBF Waterstone Financial, Inc. Stock $wsbf

2022 Q1 Form 10-Q Financial Statement

#000143774922011317 Filed on May 06, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WSBF
Waterstone Financial, Inc. Stock $wsbf