Bridgewater Bank(US:BWB)2025-07-24 13:00Financial Performance - The company's reported diluted EPS was $038[6] - The company's reported Return on Average Assets was 090%[6] - The company's reported Return on Average Tangible Common Equity was 1093%[6] - The company's efficiency ratio was 526%[6] - Nonperforming assets to total assets was 019%[6] Net Interest Margin and Income - Net interest margin (NIM) increased by 11 bps from 1Q25 to 262%, while core NIM increased by 12 bps to 249%[6] - Net interest income increased by $22 million, or 74%, from 1Q25[6] Balance Sheet Growth - Loan balances increased by $126 million, or 125% annualized, from 1Q25[6] - Total deposit balances increased by $74 million, or 72% annualized, from 1Q25, with core deposit balances increasing by $16 million, or 21% annualized[6] Capital and Shareholder Value - Tangible book value per share increased by 92% annualized from 1Q25 to $1421[6] - The company repurchased 122,704 shares of common stock at an aggregate purchase price of $16 million, with an average price of $1280 per share[6]