{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011008","form_type":"8-K","ticker":"WSBF","cik":"0001569994","company_name":"Waterstone Financial, Inc.","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.451042+00:00","generated_at":"2026-06-16T16:18:02.248317+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 falls to $2.2M from $5.3M; mortgage segment posts $3.7M loss","bullets":["Diluted EPS of $0.10 vs $0.23 YoY; consolidated ROAA 0.43% vs 1.00%.","Community banking pre-tax income up 18.5% to $6.4M; net interest margin 2.88%.","Mortgage banking pre-tax loss of $3.7M vs $1.4M income; originations down 37.5% to $442.7M.","Dividends declared $0.20 per share; repurchased ~373K shares at $15.65/share.","Nonperforming assets stable at 0.22% of total assets; book value $16.73."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011008","json":"https://secwatch.observer/filing/0001437749-23-011008.json","markdown":"https://secwatch.observer/filing/0001437749-23-011008.md","text":"https://secwatch.observer/filing/0001437749-23-011008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923011008/0001437749-23-011008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923011008/wsbf20230317_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T16:18:02.248317+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":"143538fefdd36597fa74dafcb035dd1232fdfa2b","claim":"Waterstone Financial, Inc. reported the quarter ended March 31, 2023 results: net income net income of $2.2 million, EPS $0.10 per diluted share.","evidence_excerpt":"Waterstone Financial, Inc. Announces Results of Operations for the Quarter Ended March 31, 2023 . WAUWATOSA, WI – 4/25/2023 – Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $2.2 million, or $0.10 per diluted share for the quarter ended March 31, 2023 compared to $5.3 million, or $0.23 per diluted share for the quarter ended March 31, 2022 .","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1569994/000143774923011008/0001437749-23-011008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"net income of $2.2 million"},{"label":"EPS","value":"$0.10 per diluted share"},{"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"}