Bridgewater Bank

Saint Louis Park, MN · Cert 58210 · Bridgewater Bancshares Inc.

State charter, non-member · FDIC · 10 branches

Q2 2026

$5.4BAssets

$4.4BLoans

$4.4BDeposits

$631.1MEquity

Loan mix

Deposit mix

NIM

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2026 SOD (annual) · 1.7% share · #9 of 125 inst. · $4.4B of $253.2B

2.9% Hennepin

0.3% Ramsey

0.1% Washington

Earnings: ROA of 1.30%, up 38 bps year over year; NIM at 2.98%.
Asset quality: problem loans at 0.49% of loans (+25 bps YoY), with net charge-offs at 0.04%.

Return on Assets (YTD, annualized)

1.30%+38 bps YoY

Net Interest Margin (YTD, annualized)

2.98%+46 bps YoY

Efficiency Ratio (YTD, annualized)

51.09%+28 bps YoY

Tier 1 Leverage Ratio

11.65%+106 bps YoY

Year to date, annualized, through each quarter.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	0.92%	0.95%	0.99%	1.42%	1.30%	+38 bps
Return on Equity	8.78%	9.02%	9.35%	12.68%	11.37%	+258 bps
Net Interest Margin	2.53%	2.51%	2.56%	2.94%	2.98%	+46 bps
Efficiency Ratio	50.81%	50.73%	50.02%	52.62%	51.09%	+28 bps
Non-Interest Burden	1.20%	1.20%	1.20%	1.48%	1.45%	+25 bps
Growth
Asset Growth (YoY)	12.99%	14.23%	6.73%	3.83%	1.68%	-1,131 bps
Loan Growth (YoY)	9.07%	14.30%	11.36%	8.64%	6.76%	-231 bps
Deposit Growth (YoY)	11.93%	14.55%	5.78%	3.52%	1.91%	-1,002 bps
Asset Quality
Nonperforming Loans / Loans	0.24%	0.24%	0.51%	0.27%	0.49%	+25 bps
Net Charge-Offs / Loans	0.00%	0.01%	0.03%	0.05%	0.04%	+4 bps
Allowance / Loans	1.35%	1.34%	1.31%	1.31%	1.30%	-5 bps
Allowance Coverage of NPLs	5.5x	5.6x	2.6x	4.9x	2.7x	-2.9x
Capital
Tier 1 Leverage Ratio	10.58%	10.43%	10.65%	11.45%	11.65%	+106 bps
Total Risk-Based Capital	13.41%	13.43%	13.49%	13.92%	13.98%	+57 bps
Equity / Assets	10.39%	10.71%	11.02%	11.44%	11.73%	+134 bps
Liquidity & Funding
Loans / Deposits	96.72%	97.40%	99.02%	100.77%	101.32%	+460 bps
Liquid Assets / Assets	3.71%	2.12%	1.96%	3.88%	2.85%	-86 bps
CRE / Total Capital	n/a	541%	535%	520%	n/a	n/a