Company: BWFG
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001505732-25-000126
Chunk: 54

Company: Bankwell Financial Group, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 54
---
)$(20)$(1,860)Fair value derivative designated as hedging instrument202 610 104 1,772 Total gain (loss) recognized in the consolidated statements of income within interest and fees on loans$40 $418 $84 $(88)The following tables summarize gross and net information about derivative instruments that are offset in the Consolidated Balance Sheets at June 30, 2025 and December 31, 2024:June 30, 2025(In thousands)Gross Amounts Not Offset in the Consolidated Balance SheetsGross Amounts of Recognized Assets(1)Gross Amounts Offset in the Statement of Financial PositionNet Amounts of Assets presented in the Statement of Financial PositionFinancial InstrumentsCash Collateral ReceivedNet AmountDerivative assets$5,109 $— $5,109 $232 $4,877 $— (1) Includes accrued interest receivable totaling $86 thousand. 

43

June 30, 2025(In thousands)Gross Amounts Not Offset in the Consolidated Balance SheetsGross Amounts of Recognized Liabilities(1)Gross Amounts Offset in the Statement of Financial PositionNet Amounts of Liabilities presented in the Statement of Financial PositionFinancial InstrumentsCash Collateral PostedNet AmountDerivative liabilities$3,450 $— $3,450 $232 $— $3,218 (1) Includes accrued interest payable totaling $39 thousand.December 31, 2024(In thousands)Gross Amounts Not Offset in the Consolidated Balance SheetsGross Amounts of Recognized Assets(1)Gross Amounts Offset in the Statement of Financial PositionNet Amounts of Assets presented in the Statement of Financial PositionFinancial InstrumentsCash Collateral ReceivedNet AmountDerivative assets$8,040 $— $8,040 $234 $7,806 $— (1) Includes accrued interest receivable totaling $568 thousand. December 31, 2024(In thousands)Gross Amounts Not Offset in the Consolidated Balance SheetsGross Amounts of Recognized Liabilities(1)Gross Amounts Offset in the Statement of Financial PositionNet Amounts of Liabilities presented in the Statement of Financial PositionFinancial InstrumentsCash Collateral PostedNet AmountDerivative liabilities$4,502 $— $4,502 $233 $— $4,269 (1) Includes net interest payable totaling $