Business Context and Reporting Period
This Form 8-K Current Report was filed by Waterstone Financial, Inc. on January 24, 2014. The registrant is incorporated in Maryland and operates through its wholly owned subsidiary, WaterStone Bank, SSB.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report does not contain financial statements or performance metrics.
Material Changes
The primary material change disclosed is the departure of a senior executive. Richard C. Larson is scheduled to resign from his position as Chief Financial Officer of Waterstone Financial, Inc. and WaterStone Bank, SSB, effective February 7, 2014.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The report is limited to the notification of the officer's departure.
Investor Verification Checklist
- Confirm the effective date of Richard C. Larson's resignation (February 7, 2014).
- Verify the appointment of a successor Chief Financial Officer.
- Review subsequent filings for any transition plans or interim financial leadership arrangements.