Company: BWFG
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001505732-25-000089
Chunk: 157

Company: Bankwell Financial Group, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 2
Chunk 157
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 28,285 6.12 1,922,413 28,643 5.89 Residential real estate41,585 633 6.09 50,213 718 5.72 Construction178,878 3,468 7.76 161,047 2,973 7.30 Commercial business508,417 10,007 7.87 517,102 10,284 7.87 Consumer81,483 1,082 5.38 39,964 707 7.12 Total loans2,658,571 43,475 6.54 2,690,739 43,325 6.37 Federal Home Loan Bank stock4,596 110 9.71 5,702 121 8.51 Total earning assets3,163,052 $48,619 6.15 %3,123,840 $48,332 6.12 %Other assets89,743 90,905 Total assets$3,252,795 $3,214,745 Liabilities and shareholders' equity:Interest bearing liabilities:NOW$99,487 $109 0.45 %$91,674 $39 0.17 %Money market893,361 8,521 3.87 883,851 9,146 4.16 Savings88,167 658 3.03 92,972 714 3.09 Time1,378,468 15,484 4.56 1,317,069 15,463 4.72 Total interest bearing deposits2,459,483 24,772 4.10 2,385,566 25,362 4.28 Borrowed Money133,917 1,639 4.96 159,226 1,772 4.48 Total interest bearing liabilities2,593,400 $26,411 4.13 %2,544,792 $27,134 4.29 %Noninterest bearing deposits333,796 337,020 Other liabilities50,555 62,356 Total liabilities2,977,751 2,944,168 Shareholders' equity275,044 270,577 Total liabilities and shareholders' equity$3,252,795 $3,