For the quarter ending 2025-09-30, BWFG has $3,243,963K in assets. $2,951,172K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 289,628 | 313,998 | ||
| Federal funds sold | 5,732 | 8,466 | ||
| Cash and cash equivalents | 295,360 | 322,464 | ||
| Marketable equity securities, at fair value | 2,223 | 2,188 | ||
| Available for sale investment securities, at fair value | 96,473 | 103,930 | ||
| Held to maturity investment securities, at amortized cost (fair values of 30,793 and 36,691 at september 30, 2025 and december 31, 2024, respectively) | 29,538 | 36,434 | ||
| Total investment securities | 128,234 | 142,552 | ||
| Total loans | 2,718,189 | - | ||
| Acl-loans | 29,984 | - | ||
| Deferred loan origination fees, net | -4,189 | - | ||
| Loans receivable (net of acl-loans of 29,984 at september 30, 2025 and 29,007 at december 31, 2024, respectively) | 2,684,016 | 2,635,742 | ||
| Other real estate owned | 1,284 | 1,284 | ||
| Accrued interest receivable | 15,633 | 14,741 | ||
| Federal home loan bank stock, at cost | 4,951 | 5,051 | ||
| Premises and equipment, net | 22,387 | 23,020 | ||
| Bank-owned life insurance | 53,846 | 53,488 | ||
| Goodwill | 2,589 | 2,589 | ||
| Deferred income taxes, net | 9,027 | 9,684 | ||
| Other assets | 26,636 | 25,978 | ||
| Total assets | 3,243,963 | 3,236,593 | ||
| Noninterest bearing deposits | 397,408 | 397,195 | ||
| Now | 84,736 | - | ||
| Money market | 897,387 | - | ||
| Savings | 95,242 | - | ||
| Time certificates of deposit | 1,282,642 | - | ||
| Interest bearing deposits | 2,360,007 | 2,362,086 | ||
| Total deposits | 2,757,415 | 2,759,281 | ||
| Advances from the federal home loan bank | 75,000 | 75,000 | ||
| Subordinated debentures (face value of 70,000 and 70,000 at september 30, 2025 and december 31, 2024, respectively, less unamortized debt issuance costs of 364 and 549 at september 30, 2025 and december 31, 2024, respectively) | 69,636 | 69,574 | ||
| Accrued expenses and other liabilities | 49,121 | 49,448 | ||
| Total liabilities | 2,951,172 | 2,953,303 | ||
| Common stock, no par value 10,000,000 shares authorized, 7,877,443 and 7,859,873 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 119,353 | 118,698 | ||
| Retained earnings | 174,008 | 165,495 | ||
| Accumulated other comprehensive loss | -570 | -903 | ||
| Total shareholders' equity | 292,791 | 283,290 | ||
| Total liabilities and shareholders' equity | 3,243,963 | 3,236,593 | ||
Bankwell Financial Group, Inc. (BWFG)
Bankwell Financial Group, Inc. (BWFG)