0001569994-15-000059.txt : 20151215 0001569994-15-000059.hdr.sgml : 20151215 20151215160121 ACCESSION NUMBER: 0001569994-15-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151215 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20151215 DATE AS OF CHANGE: 20151215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Waterstone Financial, Inc. CENTRAL INDEX KEY: 0001569994 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36271 FILM NUMBER: 151288544 BUSINESS ADDRESS: STREET 1: 11200 WEST PLANK COURT CITY: WAUWATOSA STATE: WI ZIP: 53226 BUSINESS PHONE: (414) 761-1000 MAIL ADDRESS: STREET 1: 11200 WEST PLANK COURT CITY: WAUWATOSA STATE: WI ZIP: 53226 8-K 1 form8k.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  December 15, 2015
WATERSTONE FINANCIAL, INC.
(Exact name of Registrant as specified in its charter)

Maryland
(State or Other Jurisdiction
of Incorporation)
001-36271
(Commission File Number)
90-1026709
(I.R.S. Employer Identification No.)

11200 W. Plank Ct, Wauwatosa, Wisconsin 53226
(Address of principal executive offices)

(414) 761-1000
Registrant's telephone number, including area code

Not Applicable
(Former Name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
 
 
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
 
 
 
 
 
 
 
 
 
 
 
 
 
Item 7.01                          Regulation FD Disclosure

On December 15, 2015, Eric Egenhoefer, President of Waterstone Mortgage Corporation, which is the wholly owned subsidiary of WaterStone Bank SSB, announced that Waterstone Mortgage Corporation had originated over $2 billion of mortgage loans for 2015, and that 84% of those originations were for purchases.

A copy of the announcement is attached as Exhibit 99 to this Current Report.

Item 9.01.                          Financial Statements and Exhibits
 
(d)            Exhibits:

Exhibit No. Description

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
- 2 -
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Waterstone Financial, Inc.
Date:  December 15, 2015
/s/ William F. Bruss
Name: William F. Bruss
Title: Chief Operating Officer and Corporate Secretary

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
- 3 -
 EX-99 2 exhibit99.htm
Exhibit 99
 
 
 
Hitting Our Record $2 Billion Mark for 2015
 
I am excited to announce that Waterstone Mortgage has surpassed the $2 billion mark for mortgage loan originations in 2015. This achievement and all-time company record comes during our 15th year of business.

The timing of this achievement is very important. This volume record was achieved after the implementation of the TRID ("Know Before You Owe") regulations on
October 3. Despite the transition to a new and more challenging lending environment, our years of preparation, our well-defined processes, and our overall goal of closing loans on time helped us reach this critical production milestone.

Of our $2 billion in loan originations this year, a very healthy 84% was purchase-focused. We've been focused on increasing our purchase business for a long time – even before the inevitable drop off in refinances spurred the rest of the industry to refocus their energies.

With that said, it almost goes without saying that supporting this volume of purchase loans requires an infrastructure that has a deep understanding of the importance of closing on time. At Waterstone Mortgage, this goal has been engrained in our company culture; everyone from the loan originators to the operations team to the field support staff works continuously to make sure that our borrowers are able to close their home loans on time.

I can't emphasize it enough: executing at this volume is dependent upon the systems, processes, and – most of all – staff members. Congratulations to everyone on the Waterstone Mortgage team for making this $2 billion goal a reality.

 
 
 
 
 
 
 
 
 
 

 
 
 

 
 
 
 
 
 
- 4 -