Bankwell Bank


Overview / Commentary
203-972-3838
208 Elm Street
New Canaan, CT 06840

Bankwell Bank is headquartered in New Canaan and is the 6th largest bank in the state of Connecticut. It is also the 453rd largest bank in the nation. It was established in 2002 and as of June of 2019, it had grown to 144 employees at 13 locations. Bankwell Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #57368
Year Established2002
Employees144
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.32%
Return on Equity - YTD12.68%
Annual Interest Income$42.5MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.86B$1.87B
LoansQ2 2019vs Q2 2018$1.55B$1.57B
DepositsQ2 2019vs Q2 2018$1.48B$1.47B
Equity CapitalQ2 2019vs Q2 2018$196.1MM$189.5MM
Loan Loss AllowanceQ2 2019vs Q2 2018$13.9MM$19.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$11.7MM$23.5MM
Real Estate OwnedQ2 2019vs Q2 2018$1.2MM$0
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