Bankwell Bank


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

Bankwell Bank is headquartered in New Canaan and is the 4th largest bank in the state of Connecticut. It is also the 451st largest bank in the nation. It was established in 2002 and as of June of 2022, it had grown to 132 employees at 13 locations. Bankwell Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #57368
Year Established2002
Employees132
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.83%
Return on Equity - YTD18.75%
Annual Interest Income$48.7MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$2.43B$2.27B
LoansQ2 2022vs Q2 2021$2.04B$1.72B
DepositsQ2 2022vs Q2 2021$2.04B$1.95B
Equity CapitalQ2 2022vs Q2 2021$253.1MM$198.1MM
Loan Loss AllowanceQ2 2022vs Q2 2021$15.8MM$16.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$15.3MM$27.3MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

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Locations

Availability

New York Area

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