Core Insights - Waterstone Financial, Inc. reported a significant increase in earnings per share (EPS) for Q2 2025, rising to 43 cents from 31 cents in Q2 2024, marking a 39% increase [2] - The company's net income for the quarter was $7.7 million, up from $5.7 million in the same period last year [3] - The net interest margin improved to 2.60%, up from 2.01% year-over-year, indicating better yields on interest-earning assets [4] Financial Performance - Revenue from net interest income increased to $13.7 million from $10.9 million year-over-year, while noninterest income decreased to $24.3 million from $26.5 million [2] - Total assets as of June 30, 2025, were $2.22 billion, slightly up from $2.21 billion at the end of 2024 [4] - The loan portfolio saw a decline, with loans receivable at $1.64 billion, down from $1.7 billion in December 2024 [4] Shareholder Actions - The company repurchased approximately 508,000 shares at an average cost of $12.80 per share, increasing book value per share to $18.19 from $17.53 [5] - Dividends declared remained steady at 15 cents per share [5] Management Commentary - The CEO highlighted strong earnings performance, particularly in the community banking segment, which saw a 50.4% increase in pre-tax income to $7.6 million [6] - The community banking segment's growth was attributed to a $2.4 million increase in net interest income and effective expense management [6] Mortgage Banking Insights - Mortgage originations declined by 7.1% year-over-year to $588.8 million, with purchase originations making up 91.7% of the total [7] - Noninterest income from mortgage banking fell by 9.7% to $22.6 million, while gross margin on loans sold decreased to 3.8% from 3.9% [7] - Compensation and employee benefits expenses decreased by 3.4%, aiding earnings despite a decline in mortgage revenue [7]

Core Idea - Oma Savings Bank Plc has established a Shareholders' Nomination Committee composed of representatives from its five largest shareholders to prepare proposals for the election and remuneration of the Board of Directors [1][2][3] Nomination Committee Responsibilities - The Nomination Committee is tasked with preparing proposals for the election and remuneration of Board members and identifying potential candidates for the Annual and Extraordinary General Meetings [2][3] - Proposals must be submitted to the Board of Directors by the end of the month preceding the Annual General Meeting or in advance of the Extraordinary General Meeting [3] Company Overview - Oma Savings Bank Plc is a solvent and profitable Finnish bank, serving over 200,000 private and corporate customers through 48 branch offices and digital channels [4] - The bank focuses on retail banking and offers a wide range of services, including credit, investment, and loan insurance products, as well as mortgage banking operations [4] Customer Service Philosophy - The company emphasizes personal service and aims to be close to its customers through both digital and traditional channels, striving for a premium customer experience [5] - Employee development is a priority, with a commitment to versatile tasks and continuous improvement, and a significant portion of the personnel own shares in the bank [5] Nomination Committee Members - The representatives appointed to the Nomination Committee include: - Raimo Härmä from Etelä-Karjalan Säästöpankkisäätiö - Ari Lamminmäki from Parkanon Säästöpankkisäätiö - Jouni Niuro from Liedon Säästöpankkisäätiö - Aino Lamminmäki from Töysän Säästöpankkisäätiö - Simo Haarajärvi from Kuortaneen Säästöpankkisäätiö [6]

Company Overview - Oma Savings Bank Plc is a solvent and profitable Finnish bank, providing services through 48 branch offices and digital channels to over 200,000 private and corporate customers [2] - The bank focuses primarily on retail banking operations and offers a wide range of banking services, including credit, investment, and loan insurance products, as well as mortgage banking [2] Customer Service and Experience - The core idea of OmaSp is to provide personal service and maintain a local presence for customers, both digitally and traditionally [3] - The bank aims to deliver a premium customer experience through personalized service and easy accessibility, with a strong emphasis on customer-oriented development of operations and services [3] - A significant portion of the personnel are shareholders in OmaSp, indicating a commitment to the bank's success and alignment of interests [3] Upcoming Financial Reporting - Oma Savings Bank Plc will publish its interim report for January-March 2025 on 5 May 2025, with results presented by CEO Karri Alameri [1] - A Finnish-language webcast will be held on the same day at 11.00 EET, and the recording will be available later on the company's website [1]