Company: BWFG
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001505732-25-000162
Chunk: 103

Company: Bankwell Financial Group, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 103
---
 loss position at September 30, 2025 and December 31, 2024: Length of Time in Continuous Unrealized Loss PositionLess Than 12 Months12 Months or MoreTotalFair ValueUnrealizedLossPercentDecline fromAmortized CostFair ValueUnrealizedLossPercentDecline fromAmortized CostFair ValueUnrealizedLossPercentDecline fromAmortized Cost(Dollars in thousands)September 30, 2025U.S. Government and agency obligations$— $— — %$55,029 $(2,015)3.53 %$55,029 $(2,015)3.53 %Corporate bonds— — — 11,336 (664)5.54 11,336 (664)5.54 State agency and municipal obligations— — — 7,546 (325)4.13 7,546 (325)4.13 Total investment securities$— $— — %$73,911 $(3,004)3.91 %$73,911 $(3,004)3.91 %Length of Time in Continuous Unrealized Loss PositionLess Than 12 Months12 Months or MoreTotalFair ValueUnrealizedLossPercentDecline fromAmortized CostFair ValueUnrealizedLossPercentDecline fromAmortized CostFair ValueUnrealizedLossPercentDecline fromAmortized Cost(Dollars in thousands)December 31, 2024U.S. Government and agency obligations$— $— — %$81,579 $(3,927)4.59 %$81,579 $(3,927)4.59 %Corporate bonds— — — 15,846 (1,154)6.79 15,846 (1,154)6.79 State agency and municipal obligations7,361 (254)(3.33)3,802 (836)18.03 11,163 (1,090)8.89 Total investment securities$7,361 $(254)(3.33)%$101,227 $(5,917)5.52 %$108,588 $(6,171)5.38 %There were thirty-one and thirty-seven available for sale securities or held to maturity securities as of September 30, 2025 and December 31