Bridgewater bancshares inc (BWB)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
INTEREST INCOME
Loans, Including Fees

97,786

94,852

91,698

87,685

83,164

78,033

73,019

68,519

63,880

60,024

0

0

0

Investment Securities

8,068

7,773

7,603

7,483

7,028

6,694

6,368

0

0

-

0

-

-

Investment Securities

-

-

-

-

-

-

-

-

-

-

-

0

0

Other

1,125

1,153

1,046

743

591

499

428

428

375

341

0

0

0

Total Interest Income

106,979

103,778

100,347

95,911

90,783

85,226

79,814

75,062

70,444

66,346

0

0

0

INTEREST EXPENSE
Deposits

24,017

23,996

23,051

21,164

18,666

15,972

13,675

11,944

10,710

9,719

0

0

0

Notes Payable

495

501

530

547

563

594

601

619

641

656

0

0

0

FHLB Advances

3,659

3,407

3,069

2,649

2,194

1,718

1,454

1,178

992

880

0

0

0

Subordinated Debentures

1,572

1,556

1,564

1,572

1,576

1,568

1,515

0

0

-

0

-

-

Federal Funds Purchased

133

186

487

634

678

636

371

234

238

169

0

0

0

Total Interest Expense

29,876

29,646

27,657

24,513

0

-

0

0

-

-

-

-

-

Total Interest Expense

-

-

-

-

-

-

-

-

13,699

-

0

0

0

NET INTEREST INCOME

77,103

74,132

71,646

69,345

67,106

64,738

62,145

59,572

56,745

54,173

0

0

0

Provision for Loan Losses

4,200

2,700

2,900

3,275

3,575

3,575

3,975

3,900

3,825

4,175

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

72,903

71,432

68,746

66,070

63,531

61,163

58,170

55,672

52,920

49,998

0

0

0

NONINTEREST INCOME
Customer Service Fees

809

760

770

770

766

745

716

706

678

660

0

0

0

Net Gain (Loss) on Sales of Available for Sale Securities

524

516

467

350

0

-

0

0

-

-

0

-

-

Net Loss on Sales of Available for Sale Securities

-

-

-

-

-

-

-

-

-

-

-

0

0

Net Gain (Loss) on Sales of Foreclosed Assets

-

-

0

-

-

-225

-221

69

321

356

0

0

0

Other Income

3,509

2,481

2,233

2,365

2,383

2,148

2,081

1,910

1,725

1,770

0

0

0

Total Noninterest Income

4,911

3,826

3,571

3,439

2,790

2,543

2,269

2,442

2,443

2,536

0

0

0

NONINTEREST EXPENSE
Salaries and Employee Benefits

23,728

22,076

20,927

19,922

19,104

18,620

17,640

16,415

15,201

14,051

0

0

0

Occupancy and Equipment

3,142

3,085

2,786

2,621

2,433

2,351

2,330

2,304

2,217

2,192

0

0

0

Other Expense

11,923

11,771

13,770

13,382

11,378

10,591

9,414

9,248

9,356

9,253

0

0

0

Total Noninterest Expense

38,793

36,932

37,483

35,925

32,915

31,562

29,384

27,967

26,774

25,496

0

0

0

INCOME BEFORE INCOME TAXES

39,021

38,326

34,834

33,584

33,406

32,144

31,055

30,147

28,589

27,038

0

0

0

Provision for Income Taxes

7,193

6,923

4,241

4,333

5,418

5,224

8,562

9,442

9,833

10,149

0

0

0

NET INCOME

31,828

31,403

30,593

29,251

27,988

26,920

22,493

20,705

18,756

16,889

0

0

0

EARNINGS PER SHARE
Basic (in dollars per share)

0.26

0.30

0.27

0.27

0.23

0.26

0.22

0.22

0.23

0.13

0.19

0.20

0.17

Diluted (in dollars per share)

0.25

0.29

0.27

0.26

0.23

0.25

0.21

0.22

0.23

0.14

0.19

0.19

0.16