Applications / Mortgage Analytics / Lenders / Ohio / Waterford Bank
Toledo, OH · National bank · OCC · $1.7 billion assets · 57 loans in 2025
Waterford Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
57
loans originated, 2025
66
applications, 2025
7
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Waterford Bank is a small Toledo purchase lender: it made 57 loans in 2025, the same as in 2024 and far fewer than the 421 of 2020.
Home purchases made up 78.9% of its loans. Its typical loan was $275,000, against $175,000 at similar lenders (national banks making between half and twice as many loans), larger than about three in four of them. That size has held steady: it was $275,000 in 2024 too.
Only 8.3% of its loans went to low- and moderate-income (LMI) borrowers, against 23.6% at similar lenders, and 7.0% to LMI neighborhoods, against 16.7%. Both shares are among the lowest fifth of its peers. Its focus on purchase loans of above-average size may account for some of this. With 57 loans, a handful of loans also moves these shares a long way.
In Toledo, where it has lent since 2008, it ranks 37 of 334 lenders with 0.5% of lending, a little below 0.6% the year before; The Huntington National Bank leads there. It gained ground in Michigan: its share of Monroe rose from 0.1% to 0.2%, and it entered Lansing-East Lansing in 2025 with 0.2%.
The bank made 421 loans in 2020 and 339 in 2021, then 69 in 2023. Its loans held flat in 2025 while similar lenders grew 2% and the whole market 10%.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Waterford Bank took 66 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 78.9% · Refinance 19.3% · Other 1.8%
Conventional 100.0% · of 57 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Ohio | 38 | 66.7% |
| Michigan | 14 | 24.6% |
| California | 1 | 1.8% |
| Florida | 1 | 1.8% |
| Indiana | 1 | 1.8% |
| South Carolina | 1 | 1.8% |
| West Virginia | 1 | 1.8% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Toledo | 35 |
| Monroe | 5 |
| Warren-Troy-Farmington Hills | 4 |
| Detroit-Dearborn-Livonia | 2 |
| Cleveland | 1 |
| Fort Lauderdale-Pompano Beach-Sunrise | 1 |
| Grand Rapids-Wyoming-Kentwood | 1 |
| Hilton Head Island-Bluffton-Port Royal | 1 |
| Huntington-Ashland | 1 |
| Lansing-East Lansing | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300Z8EM6P4IUIYG50 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 3588424 | 2010–2023 |
| Respondent ID (the HMDA filer code before 2018) | 124685 | 2008–2017 |
Established 29 August 2007. Reported under HMDA 2008-2025.
Mergers, name changes, data editions and corrections: Waterford Bank's data.
Waterford Bank's data
$215
Waterford Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
Buy Waterford Bank's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]