Bridgewater Bancshares, Inc._2023 Annual Report

Bridgewater Bancshares, Inc. and Subsidiaries Consolidated Statements of Comprehensive Income (dollars in thousands)

December 31, December 31, December 31, 2023 2022 2021 NetIncome....................................................... $ 39,960 $ 53,392 $ 45,687 Other Comprehensive Income (Loss): Unrealized Gains (Losses) on Available for Sale Securities . . . . . . . . . . . . . . 3,339 (56,914) (1,689) UnrealizedGainsonCashFlowHedges.............................. 2,299 20,430 3,991 Reclassification Adjustment for (Gains) Losses Realized in Income . . . . . . . (6,069) (90) 770 IncomeTaxImpact............................................... 127 9,626 (645) Total Other Comprehensive Income (Loss), Net of Tax .................. (304) (26,948) 2,427 ComprehensiveIncome ............................................ $ 39,656 $ 26,444 $ 48,114

See accompanying notes to consolidated financial statements.

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