Capabilities Brochure 2022

board of directors

Jerry Baack Chairman, Chief Executive Officer & President

doug parish Director

Since the Company’s formation, the positions of Chairman and Chief Executive Officer have been combined and held by Mr. Baack. As Chairman, he is responsible for leading board meetings and discussions. Jerry plays a vital role in ensuring the board has the appropriate mix of characteristics, skills and experience. He brings detailed knowledge of the Company’s daily operations to the board, enhancing the overall decision-making process. lisa brezonik Director A member of the board since 2019, Lisa is Chief Executive Officer of Salo, a leading staffing and consulting firm for finance, accounting and human resources in Minneapolis and Chicago. As an accomplished leader with over 25 years of experience, Ms. Brezonik brings expertise in talent acquisition, human resources and leadership development to Bridgewater. Jim is a founding director of the board and owner of Flagship Marketing, Inc. This privately-held company owns and operates franchise offices doing business as Express Employment Professionals and Specialized Recruiting Group, which deliver staffing support and human resource services through an international network of offices. Jim also currently serves as Regional Franchise Developer for Express Services, Inc. david juran Director David, a director of the board since 2010, is the President and Chief Executive Officer of Colliers Mortgage, a full-service nationwide mortgage banking firm. Mr. Juran has been with his company (and its predecessor, Dougherty Financial Group) since 2002 and is also a member of the Board of Directors of Colliers Mortgage Holdings. James johnson Director

A board member since 2018, Doug is the former Senior Vice President and Chief Compliance Officer for Ameriprise Financial, Inc., a Fortune 250 diversified financial services company. As a Certified Public Accountant and a Certified Internal Auditor, he is a financial expert with 30 years of experience in accounting, finance, auditing, risk management, regulatory compliance and corporate governance. jeff shellberg Executive Vice President & Chief Credit Officer, Director Mr. Shellberg has served on the board since its formation in 2005 and has served as Secretary since 2013. He has worked in the regulatory and commercial banking industry for over 30 years. Jeff’s extensive experience in community banking includes strategic planning, policy formation, risk management, asset and liability management, and external and internal auditing. tom trutna Director Tom is a founding director of the board. He is the President and Founder of BIG INK, a visual communications company that creates branded solutions for Fortune 1000 companies. He has run this organization since 1999. Before founding BIG INK, Tom held marketing and business management positions at General Mills and Periscope, a Twin Cities advertising firm. todd urness Director Todd is a founding director of the board. He is a shareholder at the law firm ofWinthrop &Weinstine, P.A., a general practice firm located inMinneapolis. Todd has practiced with the firm since 1985, been a shareholder with the firm since 1988 and is also a Certified Public Accountant. He has served on the Board of Directors of Winthrop & Weinstine, as well as its senior management and compensation committees since 1993. david volk Director David, a member of the board since 2017, is a principal at Castle Creek Capital, an alternative asset management firm focused on the community banking industry located in Rancho Santa Fe, California. He has been with Castle Creek Capital since 2005 and has led or supported investments in numerous recapitalization, distressed and growth solutions.

mohammed lawal Director

Mohammed joined the board in 2020 and is the lead founder, CEO and Principal Architect of LSE Architects, Inc., an entrepreneurial, Twin Cities- based architecture, interior design and planning firm. Mr. Lawal has over 30 years of experience in design, planning and programming. Under his leadership, LSE Architects has provided architectural services for various projects ranging from barbershops to multifamily housing to U.S. Bank Stadium.

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