A small increase in home-lending volume at WaterStone Bank SSB was enough to push residential loan production to "a quarterly record."

Parent Waterstone Financial Inc. reported $9 million in net income for the second quarter, up from $8 million during the same three-month period in 2016.

The Wauwatosa, Wisconsin-based company’s chief executive officer noted in the report that loan growth was strong in its community banking segment.

Source: Mortgage Daily