{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-001882","form_type":"8-K","ticker":"WSBF","cik":"0001569994","company_name":"Waterstone Financial, Inc.","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.638663+00:00","generated_at":"2026-06-20T08:13:21.687623+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 Q4 net income drops to $935K ($0.04 EPS) from $12.6M; mortgage segment loss $6.5M","bullets":["Net income $935K ($0.04 diluted EPS) vs $12.6M ($0.53) in Q4 2021; FY EPS $0.89 vs $2.96.","Community banking net interest income up 19.2% to $15.7M; pre-tax income down 16.4% to $7.0M.","Mortgage banking pre-tax loss $6.5M vs prior-year profit $7.3M; originations fell 45% to $546.6M.","Dividend declared $0.20/share; repurchased 159K shares at $16.53.","Book value per share $16.71, down from $17.45 due to unrealized loss on AFS securities."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-001882","json":"https://secwatch.observer/filing/0001437749-23-001882.json","markdown":"https://secwatch.observer/filing/0001437749-23-001882.md","text":"https://secwatch.observer/filing/0001437749-23-001882.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923001882/0001437749-23-001882-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923001882/wsbf20221206b_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T08:13:21.687623+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":[{"claim_id":"02a6b755809c11778070d1a79ebfbcbff6b3bb08","claim":"Waterstone Financial, Inc. reported for the quarter ended December 31, 2021 results: net income $12.6 million, EPS $0.53 per diluted share.","evidence_excerpt":"compared to $12.6 million, or $0.53 per diluted share for the quarter ended December 31, 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923001882/0001437749-23-001882-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the quarter ended December 31, 2021"},{"label":"Net income","value":"$12.6 million"},{"label":"EPS","value":"$0.53 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d6cc8ada0c0cb6646e63b809bb60028ef3498766","claim":"Waterstone Financial, Inc. reported for the quarter ended December 31, 2022 results: net income $935,000, EPS $0.04 per diluted share.","evidence_excerpt":"Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $935,000, or $0.04 per diluted share for the quarter ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923001882/0001437749-23-001882-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the quarter ended December 31, 2022"},{"label":"Net income","value":"$935,000"},{"label":"EPS","value":"$0.04 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f5ace501eb9ecd154c72a698f0254d498051d575","claim":"Waterstone Financial, Inc. reported for the twelve months ended December 31, 2022 results: EPS $0.89.","evidence_excerpt":"Net income per diluted share was $0.89 for the twelve months ended December 31, 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923001882/0001437749-23-001882-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the twelve months ended December 31, 2022"},{"label":"EPS","value":"$0.89"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f647bdb6e96a6177e47bfc409cd3263d65af8dc4","claim":"Waterstone Financial, Inc. reported for the twelve months ended December 31, 2021 results: EPS net income per diluted share of $2.96.","evidence_excerpt":"compared to net income per diluted share of $2.96 for the twelve months ended December 31, 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923001882/0001437749-23-001882-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the twelve months ended December 31, 2021"},{"label":"EPS","value":"net income per diluted share of $2.96"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}