Bridgewater Bank Annual Report
GROWTH: It’s more than a core value.
July: Assets surpass $500 million
June: Initial oering raises $10 million in capital November: Bridgewater Bank opens for business in Bloomington, MN
2013
2005
August: Private oering raises $8.0 million
Minneapolis downtown branch opens for business
January: Bridgewater Bank reaches profitability in its third month of operation November: Greenwood branch opens for business
2006
October: Bridgewater Bank recognized as one of the top 14 banks in the Twin Cities
2014
January: St. Louis Park branch opens for business September: Private equity firm invests $15 million December: Agreement signed to acquire First National Bank of the Lakes
April: Bloomington o ce expansion increased to include loan production
2007
2015
April: Assets surpass $1.0 billion
June: Private oering raises $5.2 million
2016
2008
May: First National Bank of the Lakes opens as Bridgewater Bank
December: Issued subordinated debt for $3.5 million
June: Private equity firms invest $27.5 million
July: Bridgewater Bancshares, Inc. closes private placement of $25 million subordinated debt
2017
2009
August: Private placement raises $1.6 million
Assets surpass $1.5 billion
March: Bridgewater Bancshares, Inc. stock is publically traded on Nasdaq Stock Market
October: Bridgewater Bank climbs to 25th largest bank in the state of Minnesota
2011
2018
November: St. Paul branch opens for business
Bridgewater Bancshares, Inc.
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