Bridgewater Bancshares Inc

For the period ended Sep 30, 2026. Filed Oct 29, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Oct 29, 2026

BWB$20.64+0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Income

(dollars in thousands, except per share data)


· · Three Months Ended · · Nine Months Ended
· · September 30, · · September 30, · · September 30, · · September 30,
· · 2026 · · 2025 · · 2026 · · 2025
INTEREST INCOME · · · · · · · ·
Loans, Including Fees	$66,732	$60,038	$192,604	$171,746
Investment Securities	7,587	10,371	21,414	28,968
Other	2,326	3,224	5,248	7,825
Total Interest Income	76,645	73,633	219,266	208,539

INTEREST EXPENSE
Deposits	30,943	34,615	89,447	99,215
Federal Funds Purchased	—	—	257	16
Notes Payable	—	106	—	624
FHLB Advances	2,995	2,933	7,927	7,941
Subordinated Debentures	2,049	1,888	5,764	3,992
Total Interest Expense	35,987	39,542	103,395	111,788

NET INTEREST INCOME	40,658	34,091	115,871	96,751
Provision for Credit Losses	2,750	1,100	4,500	4,600

NET INTEREST INCOME AFTER
PROVISION FOR CREDIT LOSSES	37,908	32,991	111,371	92,151

NONINTEREST INCOME
Customer Service Fees	537	501	1,584	1,492
Net Gain on Sales of Available for Sale Securities	—	59	7,251	534
Letter of Credit Fees	643	383	1,132	1,161
Debit Card Interchange Fees	222	173	653	462
Swap Fees	112	—	615	980
Bank-Owned Life Insurance	530	440	1,428	1,206
Investment Advisory Fees	304	208	778	746
FHLB Prepayment Income	—	—	—	301
Other Income	225	297	1,020	885
Total Noninterest Income	2,573	2,061	14,461	7,767

NONINTEREST EXPENSE
Salaries and Employee Benefits	14,353	12,229	41,761	34,963
Occupancy and Equipment	1,286	1,266	4,021	3,774
FDIC Insurance Assessment	555	775	1,930	1,975
Data Processing	623	637	1,926	1,881
Professional and Consulting Fees	1,127	1,261	3,590	3,365
Derivative Collateral Fees	284	309	658	1,132
Information Technology and Telecommunications	1,183	973	3,508	2,915
Marketing and Advertising	354	658	1,734	1,420
Intangible Asset Amortization	226	230	679	690
FHLB Prepayment Penalty	—	—	982	—
Other Expense	1,350	1,618	4,616	4,918
Total Noninterest Expense	21,341	19,956	65,405	57,033

INCOME BEFORE INCOME TAXES	19,140	15,096	60,427	42,885
Provision for Income Taxes	4,112	3,495	13,986	10,131
NET INCOME	15,028	11,601	46,441	32,754
Preferred Stock Dividends	(1,013)	(1,013)	(3,040)	(3,040)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$14,015	$10,588	$43,401	$29,714

EARNINGS PER SHARE
Basic	$0.50	$0.38	$1.56	$1.08
Diluted	0.49	0.38	1.52	1.06

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.