Bridgewater Bancshares Inc Income Statement

Income Statement Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 3.25M4.17M3.58M2.70M12.75M5.20M7.70M2.10M0.04M
Revenue 52.17M56.71M67.28M77.96M93.80M114.82M136.03M111.67M109.56M
Interest income
Interest income - Loans 46.62M60.02M78.03M94.85M105.49M118.84M146.26M191.40M204.73M
Interest income - Investments 4.50M1.10M1.04M1.30M1.35M1.58M10.00M
Interest Income - Debt Securities 6.26M9.25M10.59M11.77M16.56M9.58M16.41M26.25M33.93M
Interest Income - Total 50.63M66.35M85.23M103.78M114.83M128.88M163.69M222.35M245.90M
Interest expenses
Interest Expense - Deposits 6.96M9.72M15.97M24.00M19.81M13.84M23.38M96.05M128.81M
Interest Expense - Debt 8.51M0.88M1.72M3.41M3.39M4.63M4.69M7.49M8.55M
Interest Expense - Fed Funds 0.06M0.17M0.64M0.19M0.11M0.01M4.51M8.52M1.20M
Interest Expense - Others 0.30M0.56M1.15M1.00M1.41M1.97M1.57M1.76M1.80M
Interest Expenses 1.03M12.17M20.49M29.65M26.86M19.37M34.00M117.18M143.71M
Interest Income - Net 42.12M54.17M64.74M74.13M87.96M109.51M129.70M105.17M102.19M
Non-interest income
Interest Income - Total 38.87M50.00M61.16M71.43M75.21M104.36M122.00M105.35M98.67M
Financial Services Fees 0.49M0.66M0.74M0.76M0.83M1.01M1.24M1.46M1.48M
Investment Gain (Loss) 0.83M-0.25M-0.12M0.52M1.50M0.75M0.08M-0.03M0.39M
Other Non-Interest Income 1.28M1.77M2.15M2.48M3.51M1.49M2.03M3.69M2.96M
Non-Interest Income 2.57M2.54M2.54M3.83M5.84M5.31M6.33M6.49M7.37M
Operating Items
Amortization - Intangibles 0.19M0.19M0.10M0.08M
Research & Development 1.22M1.40M1.57M1.70M
Wages, Salaries and Other 12.09M14.05M18.62M22.08M25.57M30.89M36.94M36.54M39.56M
Rent Expense 1.82M2.19M2.35M3.08M3.26M3.92M4.39M4.45M4.40M
Other Operating Expenses 18.35M23.30M29.21M33.85M42.13M42.96M50.83M53.30M57.20M
Operating Expenses 20.17M25.50M31.56M36.93M45.39M48.09M56.62M59.32M63.30M
Operating Income 15.06M11.03M8.97M
EBIT 22.30M39.21M52.63M67.97M62.53M80.94M15.06M11.03M8.97M
Non-operating items
Interest & Investment Income 0.36M0.34M0.50M1.15M0.61M0.46M1.03M4.71M7.24M
Net income details
EBT 21.27M27.04M32.14M38.33M35.67M61.57M71.71M52.52M42.74M
Tax Provisions 9.12M10.21M6.52M7.67M11.06M20.41M19.72M12.56M9.91M
Profit After Tax 13.21M16.89M26.92M31.40M27.19M45.69M53.39M39.96M32.83M
Equity Income 9.29M17.98M28.07M32.45M29.33M49.04M56.35M44.83M27.74M
Income from Continuing Operations 12.14M16.83M25.62M30.66M24.60M41.16M51.99M39.96M32.83M
Consolidated Net Income 12.14M16.83M25.62M30.66M24.60M41.16M51.99M39.96M32.83M
Income towards Parent Company 12.14M16.83M25.62M30.66M24.60M41.16M51.99M39.96M32.83M
Preferred Dividend Payments 1.17M4.05M4.05M4.05M
Net Income towards Common Stockholders 12.14M16.83M25.62M31.40M27.19M44.52M49.34M35.91M28.77M
Additional items
EPS (Basic) 0.590.690.931.070.951.591.781.291.05
EPS (Weighted Average and Diluted) 0.580.680.911.050.931.541.721.271.03
Shares Outstanding (Weighted Average) 27.76M28.00M27.43M
Tax Rate 42.89%37.75%20.29%20.01%31.02%33.14%27.50%23.92%23.19%