Bridgewater Bank

Bridgewater Bank is headquartered in Bloomington and is the 31^st largest bank in the state of Minnesota. It is also the 1,613^st largest bank in the nation. It was established in 2005 and as of December of 2011, it had grown to 28 employees at 2 locations. Bridgewater Bank has a 4-star health rating.

Bridgewater Bank Routing Number: 091017523

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Data for Q4 2011

Institution Statistics Bridgewater Bank FDIC Certificate # 58210 BankRate Report View Year Established 2005 Employees 28 Primary Regulator FDIC Assets and Liabilities Assets $410.28 million Loans $321.18 million Deposits $374.89 million Equity Capital $34.72 million Loan Loss Allowance $7.19 million Unbacked Noncurrent Loans $4.97 million Real Estate Owned $5.82 million Historic Data - December 2010 Assets $350.78 million Equity Capital $32.09 million Loan Loss Allowance $6.15 million Unbacked Noncurrent Loans $7.44 million Real Estate Owned $9.20 million Profit Margin - Quarterly Net Interest Margin 4.46% Return on Assets 0.7% Return on Equity 7.94% Interest Income $21.02 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Bridgewater Bank had $10.79 million in non-current loans and owned real-estate with $41.9 million in equity and loan loss allowances on hand to cover it. This gives Bridgewater Bank a Texas Ratio of 25.74% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Bridgewater Bank decreased significantly from 43.53% as of December 31, 2010 to 25.74% as of December 31, 2011, resulting in a positive change of 40.86%.This indicates that the balance sheet and financial strength for Bridgewater Bank has improved significantly in recent periods. Deposit Growth In the past year, Bridgewater Bank has increased its total deposits by $56.79 million, resulting in 17.85% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bridgewater Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bridgewater Bank has $410.28 million in assets with $41.9 million in equity, resulting in a capitalization level of 10.21%, which is above average.

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