Waterfall Bank
Clearwater, FL·RSSD 5650923·FDIC 59265·bank:5650923·Risk-based ratios where reported
- #49 of 85Total assets in Florida
- 2offices
- 49employees
- Top 3%Loan growth in the U.S.
- #8 of 42C&I loan growth in Florida
Performance over time
20 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
FDIC reported categories · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Waterfall Bank
5 of 24 FORFI signals stand out against 1437 similar banks, based on FDIC data for the quarter.
Lending absorbing more of the deposit base as cash fallsWorth a look: Liquidity 2nd quarter115.1%+20.3 pp in 12 months
Waterfall Bank's loans rose to 115.1% of deposits, 20.3 percentage points higher than a year earlier, while cash fell to 3.0% of assets. The median change in the loan-to-deposit ratio among 1435 similar banks was +0.9 pp.
| Observed | Change |
|---|---|
| Loans / deposits | |
| 115.1% | +20.3 pp in 12 months |
| Cash / assets | |
| 3.0% | -8.8 pp in 12 months |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 1437 banks with $300 million to $1 billion in assets that filed FDIC data for the same quarter. Waterfall Bank itself is left out of every peer median and percentile. How signals work
Deposit costs among the highest of similar banksWorth a look: Funding 2nd quarter3.40%peers 1.80%+161 bps
Waterfall Bank's cost of all deposits was 3.40%, compared with a median of 1.80% among 1432 similar banks: higher than 99% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Cost of all deposits | ||
| 3.40% | 1.80% | +161 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 1437 banks with $300 million to $1 billion in assets that filed FDIC data for the same quarter. Waterfall Bank itself is left out of every peer median and percentile. How signals work
Efficiency ratio rising while the peer median fallsWorth a look: Efficiency 2nd quarter93.9%peers 60.8%+33.1 pp
Waterfall Bank's efficiency ratio rose 16.4 percentage points over the past year to 93.9%. Among 1432 similar banks, the median fell 2.1 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Efficiency ratio | ||
| 93.9% | 60.8% | +33.1 pp |
| 12-month change | ||
| +16.4 pp | -2.1 pp | +18.5 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 1437 banks with $300 million to $1 billion in assets that filed FDIC data for the same quarter. Waterfall Bank itself is left out of every peer median and percentile. How signals work
Loans growing faster than peersStrength: Lending 2nd quarter+31.1%peers +5.5%+25.6 pp
Waterfall Bank's loans grew 31.1% over the past year to $380 million. The median among 1431 similar banks was +5.5%.
| This institution | Peer median | Difference |
|---|---|---|
| Loans, 12-month growth | ||
| +31.1% | +5.5% | +25.6 pp |
| Loans | ||
| $380 million | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 1437 banks with $300 million to $1 billion in assets that filed FDIC data for the same quarter. Waterfall Bank itself is left out of every peer median and percentile. How signals work
1 more observation
- Borrowed funding rising while the peer median holds steadyFunding
Key facts
- Waterfall Bank is a bank headquartered in Clearwater, Florida. It reported $410 million in total assets for the quarter ended June 30, 2026.
- Deposits totaled $330 million, up 8.0% from a year earlier, and loans totaled $380 million, up 31.1%.
- Its net interest margin was 3.49% and its annualized return on assets was 0.04% for the quarter.
- Its cost of all deposits was 3.40%, compared with a median of 1.80% among 1432 similar banks with $300 million to $1 billion in assets.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Waterfall Bank's own data, FORFI would look at: Which relationships could bring deposits to fund the loan book.
Analysis workspaces
Sources and identifiers
- Institution
- Waterfall Bank · Bank
- Federal Reserve RSSD
- 5650923
- FDIC certificate
- 59265
- Reporting period
- Peer group
- 1437 banks with $300 million to $1 billion in assets that filed FDIC data for the same quarter. Waterfall Bank itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
FDIC · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation | FDIC published reference |
|---|---|---|
| $40K | — | |
| $6.44M | — | |
| $2.94M | — | |
| $3.5M | — | |
| $223K | — | |
| $3.5M | — | |
| $168K | — | |
| $168K | — | |
| 0.04% | 0.04%ROAQ · Quarter | |
| 3.49% | 3.48%NIMYQ · Quarter | |
| 93.86% | 93.86%EEFFQR · adjusted · Quarter |
Credit-quality reconciliation · Source components agree. NALNLS (nonaccrual) + P9LNLS (90+ days accruing) = NCLNLS (noncurrent).
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-25T00:32:31.073937+00:00. Separate reference provenance is included in the export.