{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-009416","form_type":"8-K","ticker":"WSBF","cik":"0001569994","company_name":"Waterstone Financial, Inc.","filed_at":"2022-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.249030+00:00","generated_at":"2026-06-26T05:43:38.907408+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Waterstone Financial Q1 net income $5.3M vs $21.3M; mortgage pre-tax income drops to $1.4M","bullets":["Net income $5.3M ($0.23 diluted EPS) vs $21.3M ($0.89) in Q1 2021, down 75%.","Community banking pre-tax income $5.4M, down 40.6% from $9.1M; net interest margin fell to 2.38% from 2.80%.","Mortgage banking pre-tax income $1.4M vs $19.1M; originations down 36.5% to $708.5M, purchase mix 77%.","Adopted CECL on Jan 1, 2022, reducing retained earnings by $1.4M after tax; allowance for credit losses increased.","Declared $0.20/share dividend; repurchased ~681k shares for $13.8M during quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-009416","json":"https://secwatch.observer/filing/0001437749-22-009416.json","markdown":"https://secwatch.observer/filing/0001437749-22-009416.md","text":"https://secwatch.observer/filing/0001437749-22-009416.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1569994/000143774922009416/0001437749-22-009416-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1569994/000143774922009416/wsbf20220420_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T05:43:38.907408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}