Overview / Commentary
Bridgewater Bank is headquartered in SAINT LOUIS PARK and is the 3rd largest bank in the state of Minnesota. It is also the 295th largest bank in the nation. It was established in 2005 and as of December of 2023, it had grown to 255 employees at 8 locations. Bridgewater Bank has an A health rating.
Health
A
Data as of Q4 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58210 |
| Year Established | 2005 |
| Employees | 255 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 9.31% |
| Annual Interest Income | $222.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2023vs Q4 2022 | $4.61B$4.34B |
| Loans | Q4 2023vs Q4 2022 | $3.67B$3.51B |
| Deposits | Q4 2023vs Q4 2022 | $3.74B$3.45B |
| Equity Capital | Q4 2023vs Q4 2022 | $488.4MM$445.4MM |
| Loan Loss Allowance | Q4 2023vs Q4 2022 | $50.5MM$48MM |
| Unbacked Noncurrent Loans | Q4 2023vs Q4 2022 | $824K$639K |
| Real Estate Owned | Q4 2023vs Q4 2022 | $0$0 |