← Bridgewater Bancshares Inc
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Interest Income | $66.3m |
$85.2m
+28.46%
|
$103.8m
+21.77%
|
$114.8m
+10.65%
|
$128.9m
+12.24%
|
$163.7m
+27.01%
|
$222.4m
+35.83%
|
$245.9m
+10.59%
|
$281.8m
+14.62%
|
— | |
| Net Gain (Loss) on Sales of Available for Sale Securities | ($250k) | ($125k) | $516k | $1.5m | $750k | $82k | ($33k) | $385k | $614k | — | |
| Net Gain on Sales of Foreclosed Assets | $356k | ($225k) | $69k | — | — | — | — | $62k | — | — | |
| Total Noninterest Income | $2.5m | $2.5m | $3.8m | $5.8m | $5.3m | $6.3m | $6.5m | $7.4m | $10.9m | — | |
| NET INTEREST INCOME | $54.2m |
$64.7m
+19.50%
|
$74.1m
+14.51%
|
$88.0m
+18.66%
|
$109.5m
+24.49%
|
$129.7m
+18.44%
|
$105.2m
-18.91%
|
$102.2m
-2.83%
|
$132.4m
+29.60%
|
$145.0m
+9.48%
|
|
| Marketing and Advertising | — | — | — | — | $1.5m | $2.0m | $1.1m | $1.5m | $2.1m | — | |
| Salaries and Employee Benefits | $14.1m | $18.6m | $22.1m | $25.6m | $30.9m | $36.9m | $36.5m | $39.6m | $47.4m | — | |
| Total Noninterest Expense | $25.5m | $31.6m | $36.9m | $45.4m | $48.1m | $56.6m | $59.3m | $63.3m | $77.3m | — | |
| Total Interest Expense | $12.2m | $20.5m | $29.6m | $26.9m | $19.4m | $34.0m | $117.2m | $143.7m | $149.4m | — | |
| NET INTEREST INCOME AFTER PROVISION FOR (RECOVERY OF) CREDIT LOSSES | $50.0m |
$61.2m
+22.33%
|
$71.4m
+16.79%
|
$75.2m
+5.29%
|
$104.4m
+38.75%
|
$122.0m
+16.90%
|
$105.3m
-13.65%
|
$98.7m
-6.34%
|
$126.4m
+28.09%
|
$145.0m
+14.72%
|
|
| Other Income | $1.8m | $2.1m | $2.5m | $3.5m | $3.6m | $5.0m | $946k | $1.0m | $1.3m | — | |
| Other Expense | $9.3m | $10.6m | $11.8m | $16.6m | $13.3m | $15.3m | $4.0m | $4.1m | $6.6m | — | |
| INCOME BEFORE INCOME TAXES | $27.0m | $32.1m | $38.3m | $35.7m | $61.6m | $71.7m | $52.5m | $42.7m | $60.0m | $73.5m | |
| Provision for Income Taxes | $10.1m | $5.2m | $6.9m | $8.5m | $15.9m | $18.3m | $12.6m | $9.9m | $13.9m | — | |
| NET INCOME | $16.9m |
$26.9m
+59.39%
|
$31.4m
+16.65%
|
$27.2m
-13.40%
|
$45.7m
+68.00%
|
$53.4m
+16.86%
|
$40.0m
-25.16%
|
$32.8m
-17.86%
|
$46.1m
+40.41%
|
$52.3m
+13.47%
|
|
| NET INCOME AVAILABLE TO COMMON SHAREHOLDERS | $16.9m | $26.9m | $31.4m | $27.2m | $44.5m | $49.3m | $35.9m | $28.8m | $42.0m | $52.3m | |
| Preferred Stock Dividends | — | — | — | — | $1.2m | ($4.1m) | ($4.1m) | ($4.1m) | ($4.1m) | $4.1m | |
| Basic (in dollars per share) | $0.69 | $0.93 | $1.07 | $0.95 | $1.59 | $1.78 | $1.29 | $1.05 | $1.53 | — | |
| Diluted (in dollars per share) | $0.68 | $0.91 | $1.05 | $0.93 | $1.54 | $1.72 | $1.27 | $1.03 | $1.49 | — | |
| Loans, Including Fees | $60.0m | $78.0m | $94.9m | $105.5m | $118.8m | $146.3m | $191.4m | $204.7m | $233.2m | — | |
| Investment Securities | $6.0m | $6.7m | $7.8m | $8.7m | $9.6m | $16.4m | $26.2m | $33.9m | $38.7m | — | |
| Other | $341k | $499k | $1.2m | $614k | $458k | $1.0m | $4.7m | $7.2m | $10.0m | — | |
| Deposits | $9.7m | $16.0m | $24.0m | $19.8m | $13.8m | $23.4m | $96.0m | $128.8m | $131.4m | — | |
| Federal Funds Purchased | $169k | $636k | $186k | $111k | $6k | $4.5m | $8.5m | $1.2m | $21k | — | |
| Notes Payable | $656k | $594k | $501k | $439k | $61k | $202k | $1.1m | $1.2m | $624k | — | |
| FHLB Advances | $880k | $1.7m | $3.4m | $3.4m | $831k | $1.2m | $7.5m | $8.6m | $11.5m | — | |
| Subordinated Debentures | $749k | $1.6m | $1.6m | $3.1m | $4.6m | $4.7m | $4.0m | $4.0m | $5.9m | — | |
| Provision for (Recovery of) Credit Losses | — | — | — | — | $5.2m | $7.7m | ($175k) | $3.5m | $6.0m | — | |
| Customer Service Fees | $660k | $745k | $760k | $826k | $1.0m | $1.2m | $1.5m | $1.5m | $2.0m | — | |
| Letters of Credit Fees | — | — | — | — | $1.7m | $1.6m | $1.7m | $2.0m | $1.8m | — | |
| Debit Card Interchange Fees | — | — | — | — | $563k | $586k | $595k | $593k | $640k | — | |
| Swap Fees | — | — | — | — | — | $557k | — | $547k | $1.6m | — | |
| Bank-Owned Life Insurance | — | — | — | — | $316k | $762k | $992k | $1.3m | $1.7m | — | |
| Investment Advisory Fees | — | — | — | — | — | — | — | — | $973k | — | |
| FHLB Prepayment Income | — | — | — | — | — | — | $792k | — | $301k | — | |
| Occupancy and Equipment | $2.2m | $2.4m | $3.1m | $3.3m | $3.9m | $4.4m | $4.4m | $4.4m | $4.9m | $5.2m | |
| FDIC Insurance Assessment | — | — | — | — | $1.3m | $1.4m | $3.7m | $3.0m | $2.7m | — | |
| Data Processing | — | — | — | — | $1.2m | $1.4m | $1.6m | $1.7m | $2.5m | — | |
| Professional and Consulting Fees | — | — | — | — | $2.5m | $2.7m | $3.1m | $3.9m | $4.8m | — | |
| Derivative Collateral Fees | — | — | — | — | $3k | $687k | $1.9m | $1.8m | $1.4m | — | |
| Information Technology and Telecommunications | — | — | — | — | $2.2m | $2.5m | $2.9m | $3.3m | $3.9m | — | |
| Intangible Asset Amortization | — | — | — | — | $191k | $191k | $100k | $78k | $921k | — |