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.
|FDIC Certificate #||57368|
|Return on Assets - YTD||1.32%|
|Return on Equity - YTD||12.68%|
|Annual Interest Income||$42.5MM|
|Assets and Liabilities|
|Assets||Q2 2019vs Q2 2018||$1.86B$1.87B|
|Loans||Q2 2019vs Q2 2018||$1.55B$1.57B|
|Deposits||Q2 2019vs Q2 2018||$1.48B$1.47B|
|Equity Capital||Q2 2019vs Q2 2018||$196.1MM$189.5MM|
|Loan Loss Allowance||Q2 2019vs Q2 2018||$13.9MM$19.0MM|
|Unbacked Noncurrent Loans||Q2 2019vs Q2 2018||$11.7MM$23.5MM|
|Real Estate Owned||Q2 2019vs Q2 2018||$1.2MM$0|
Rates for Bankwell Bank are currently being reviewed.