Company: BWFG
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001505732-25-000162
Chunk: 45

Company: Bankwell Financial Group, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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 30, 2024 is reported in the Consolidated Statements of Comprehensive Income.

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The following tables present the changes in accumulated other comprehensive income (loss) by component, net of tax for the three and nine months ended September 30, 2025 and September 30, 2024:    Net Unrealized Gain (Loss) on Available for Sale SecuritiesNet Unrealized Gain (Loss) on Interest Rate SwapsTotal(In thousands)Balance at June 30, 2025$(2,412)$1,509 $(903)Other comprehensive income (loss) before reclassifications, net of tax444 (33)411 Amounts reclassified from accumulated other comprehensive (loss) income, net of tax— (78)(78)Net other comprehensive income (loss)444 (111)333 Balance at September 30, 2025$(1,968)$1,398 $(570)Net Unrealized Gain (Loss) on Available for Sale SecuritiesNet Unrealized Gain (Loss) on Interest Rate SwapsTotal(In thousands)Balance at June 30, 2024$(5,622)$3,666 $(1,956)Other comprehensive income (loss) before reclassifications, net of tax2,050 (1,338)712 Amounts reclassified from accumulated other comprehensive (loss) income, net of tax— (516)(516)Net other comprehensive income (loss)2,050 (1,854)196 Balance at September 30, 2024$(3,572)$1,812 $(1,760)Net Unrealized Gain (Loss) on Available for Sale SecuritiesNet Unrealized Gain (Loss) on Interest Rate SwapsTotal(In thousands)Balance at December 31, 2024$(3,832)$2,588 $(1,244)Other comprehensive income (loss) before reclassifications, net of tax1,864 (501)1,363 Amounts reclassified from accumulated other comprehensive (loss) income, net of tax— (689)(689)Net other comprehensive income (loss)1,864 (1,190)674 Balance at September 30, 2025$(1,968)$1,398 $(570)Net Unrealized Gain (Loss) on Available for Sale SecuritiesNet Unrealized Gain (Loss) on Interest Rate SwapsTotal(In thousands)Balance at December 31, 2023$(5,810)$