Bridgewater Bancshares, Inc. Annual Report

Bridgewater Bancshares, Inc. and Subsidiaries Notes to Consolidated Financial Statements (dollars in thousands, except share data)

The following tables present the risk category of loans by loan segment as of December 31, 2019 and 2018, based on the most recent analysis performed by management:

December 31, 2019 Watch Substandard

Pass

Total

Commercial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 275,741 $ Construction and Land Development . . . . . . . . . . . . . . . . . . . . . . . 196,462 138 21 $

273 $ 276,035 176 196,776

Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage. . . . . . . . . . . . . . . . . . . . . 1st REM - 1-4 Family. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . LOCs and 2nd REM - Rentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

28,483 138 36,370 124 17,890 479

—

28,621 36,671 18,671

177 302

1st REM - Rentals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 174,781 1,287 Multifamily . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 515,014 — CRE Owner Occupied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65,411 — CRE Non-owner Occupied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 589,457 3,088

580 176,648 — 515,014

1,173

66,584

— 592,545

Consumer and Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,473 Totals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,904,068 $ 5,275 $ 2,695 $ 1,912,038 4,459 — 14

December 31, 2018 Watch Substandard

Pass

Total

Commercial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 260,225 $ 600 $ Construction and Land Development . . . . . . . . . . . . . . . . . . . . . . . 207,174 2,669 Real Estate Mortgage: HELOC and 1-4 Family Junior Mortgage. . . . . . . . . . . . . . . . . . . . . 30,669 587 1st REM - 1-4 Family. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37,526 126 LOCs and 2nd REM - Rentals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,341 628 1st REM - Rentals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142,357 1,854 Multifamily . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 407,934 — CRE Owner Occupied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62,223 — CRE Non-owner Occupied . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 487,438 3,194 Consumer and Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,202 — 4,260 Totals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,651,089 $ 9,658 $ 4,184 $ 1,664,931 8 $ 260,833 198 210,041 — 31,256 253 37,905 474 12,443 958 145,169 — 407,934 2,235 64,458 — 490,632 58

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