Bridgewater Bancshares Inc. has recently released its 10-K report, providing a detailed overview of its financial performance and operations. The company operates as the bank holding company for Bridgewater Bank, offering a range of banking products and services, including commercial loans, deposit products, and online banking services. The company was incorporated in 2005 and is headquartered in Saint Louis Park, Minnesota.
In its 10-K report, the company disclosed that as of December 31, 2025, its total assets were $5.41 billion, representing a 6.7% increase compared to the previous year. The total gross loans at the end of 2025 were $4.31 billion, reflecting an 11.4% increase from the prior year. The investment securities portfolio, which provides the company with liquidity and income, stood at $776.4 million at the end of 2025.
The company's loan portfolio primarily focuses on real estate mortgage lending, constituting 79.7% of the total portfolio as of December 31, 2025. The composition of the loan portfolio remained consistent with prior periods, with over 75% of the real estate loan balances secured by properties located in the Twin Cities MSA.
Regarding asset quality, the company emphasized credit quality in originating and monitoring its loan portfolio. As of December 31, 2025, loans with potential weaknesses totaling $47.8 million were identified, compared to $46.6 million in the previous year. Additionally, nonperforming loans, including those on a nonaccrual basis and 90 days past due and still accruing, totaled $22.0 million at the end of 2025, compared to $301,000 at the end of 2024.
Today the company's shares have moved -1.25% to a price of $18.25. For the full picture, make sure to review Bridgewater Bancshares Inc's 10-K report.
