Bridgewater Bancshares, Inc. (BWB) financial statements (2022 and earlier)

Company profile

Business Address 4450 EXCELSIOR BLVD.
ST. LOUIS PARK, MN 55416
State of Incorp. MN
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1431613228
Cash and cash equivalents1431613228
Total current assets:1431613228
Noncurrent Assets
Property, plant and equipment49512813
Intangible assets, net (including goodwill)4445
Goodwill3333
Intangible assets, net (excluding goodwill)1122
Amortization method qualified affordable housing project investments5444
Total noncurrent assets:58593622
Other undisclosed assets3,2772,7082,2011,923
TOTAL ASSETS:3,4782,9272,2691,974
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt0233
Qualified affordable housing project investments, commitment0233
Total noncurrent liabilities:0233
Other undisclosed liabilities3,0982,6602,0211,750
Total liabilities:3,0982,6622,0241,753
Stockholders' equity
Stockholders' equity attributable to parent, including:379265245221
Preferred stock67   
Common stock000 
Additional paid in capital104104112126
Accumulated other comprehensive income (loss)975(2)
Retained earnings19915512896
Other undisclosed stockholders' equity attributable to parent   0
Total stockholders' equity:379265245221
TOTAL LIABILITIES AND EQUITY:3,4782,9272,2691,974

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1201079578
Net investment income1191059578
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(5)(13)(3)(4)
Gross profit:114949374
Operating expenses(4)(3)(3)(2)
Operating income:111919072
Nonoperating income (expense)
(Gains (Losses) on Sales of Other Real Estate)
  0(0)
Interest and debt expense(19)(27)(30)(20)
Other undisclosed loss from continuing operations before equity method investments, income taxes (28)(22)(19)
Income from continuing operations before equity method investments, income taxes:91363832
Other undisclosed loss from continuing operations before income taxes(30)   
Income from continuing operations before income taxes:62363832
Income tax expense(16)(8)(7)(5)
Net income attributable to parent:46273127
Preferred stock dividends and other adjustments(1)   
Net income available to common stockholders, diluted:45273127

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:46273127
Other comprehensive income (loss)226(3)
Comprehensive income, net of tax, attributable to parent:48293824

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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