Bridgewater Bancshares, Inc. Annual Report

The following tables present the fair value of securities as of December 31, 2019 and 2018 by their stated maturities, as well as the fully tax-equivalent yields for each maturity range.

Maturity as of December 31, 2019

Due in One Year

More Than One Year to Five Years

More Than Five Years to Ten Years

or Less

Due After Ten Years

Weighted Average

Weighted Average

Weighted Average

Weighted Average

Fair Value

Fair Value

Fair Value

Fair Value

Yield

Yield

Yield

Yield

U.S. Treasury Securities . . . $ 4,998 SBA Securities . . . . . . . . . . . —

2.56 % $ —

— % $ —

— % $ —

— %

—

1,770

3.16

22,550

2.58

25,239 2.83

Mortgage‑Backed Securities Issued or Guaranteed by U.S. Agencies (MBS): Residential Pass‑Through:

—

—

—

—

— 1,215 2.87

Guaranteed by GNMA . — Issued by FNMA and FHLMC . . . . . . . . . . . . — Other Residential Mortgage‑Backed Securities . . . . . . . . . . . . — Commercial Mortgage‑Backed Securities . . . . . . . . . . . . — All Other Commercial MBS . . . . . . . . . . . . . . . . . . — Total MBS . . . . . . . . . . . — Municipal Securities . . . . . . 917 Corporate Securities . . . . . . 1,254 Asset-Backed Securities . . . —

—

65

3.19

71

3.23 3,407 2.78

—

85

1.88 149

3.11 46,461 2.58

—

—

— 10,622

2.68 1,591 2.41

—

—

—

—

— 1,062 3.52

— 150 2.45 10,842 2.69 53,736 2.61

3.99 8,704 2.37 11,372

4.22 26,911 4.46 36,550

4.20 69,211 4.88 1,000 — 14,673

4.05 5.25

— 2.90 Total . . . . . . . . . . . . . . . . . . . . $ 7,169 2.71 % $ 21,996 4.25 % $ 96,853 3.91 % $ 163,859 3.30 % — — —

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