TellerScore

Bridgewater Bank (FDIC certificate #58210) is based in Saint Louis Park, Minnesota. Its Q2 2026 call report shows $5.4B in total assets and $4.4B in deposits and 10 offices.

Based on its Q2 2026 filing, Bridgewater Bank scores 72/100, which we describe as strong. That is higher than 66% of 897 banks with $1 billion – $10 billion. Among 223 banks headquartered in Minnesota, it ranks 82nd. Its strongest component is problem-loan coverage (94/100; 3.1%), and its lowest is funding & liquidity (48/100; 100% loans-to-deposits, 26% uninsured).

TellerScore · Q2 2026

Scorecard

Capital cushion66/100
Tier 1 leverage ratio: 11.65%
Loan quality84/100
Noncurrent loans ÷ total loans: 0.49%
Earnings72/100
Return on assets (annualized): 1.30%
Funding & liquidity48/100
Loans ÷ deposits and uninsured-deposit share: 100.0% · 26.2% uninsured
Problem-loan coverage94/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 3.14%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 4 points (68 → 72), mostly because the earnings component improved by 15 points.

TellerScore
667074Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202472
Q3 202469
Q4 202471
Q1 202567
Q2 202568
Q3 202568
Q4 202566
Q1 202674
Q2 202672
Tier 1 leverage ratio
5.00%8.32%11.65%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202411.22%
Q3 202411.12%
Q4 202410.86%
Q1 202510.49%
Q2 202510.58%
Q3 202510.43%
Q4 202510.65%
Q1 202611.45%
Q2 202611.65%
Noncurrent loans
0.01%0.26%0.51%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.02%
Q3 20240.23%
Q4 20240.01%
Q1 20250.26%
Q2 20250.24%
Q3 20250.24%
Q4 20250.51%
Q1 20260.27%
Q2 20260.49%
Return on assets
0.79%1.11%1.42%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.79%
Q3 20240.81%
Q4 20240.79%
Q1 20250.85%
Q2 20250.92%
Q3 20250.95%
Q4 20250.99%
Q1 20261.42%
Q2 20261.30%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202672$5.4B11.65%0.49%1.30%100.0%
Q1 202674$5.3B11.45%0.27%1.42%99.4%
Q4 202566$5.4B10.65%0.51%0.99%97.7%
Q3 202568$5.4B10.43%0.24%0.95%96.1%
Q2 202568$5.3B10.58%0.24%0.92%95.4%
Q1 202567$5.1B10.49%0.26%0.85%94.7%
Q4 202471$5.1B10.86%0.01%0.79%92.8%
Q3 202469$4.7B11.12%0.23%0.81%96.3%
Q2 202472$4.7B11.22%0.02%0.79%97.9%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio11.65%
72nd
Total risk-based capital13.98%
54th
Problem loans0.49%
51st
Net charge-offs0.04%
47th
Return on assets1.30%
54th
Net interest margin3.09%
19th
Efficiency ratio51.1%
74th
Loans to deposits100.0%
14th
Uninsured deposits26.2%
67th
Loan-loss reserves1.30%
69th
Texas ratio3.1%
55th

Similar-size banks in Minnesota

InstitutionScoreAssetsCapitalProblem loansCompare
Frandsen Bank & TrustBank Lonsdale, MN71 out of 100, Strong$3.7B10.0%0.71%vs
Stearns Bank National AssociationBank Saint Cloud, MN67 out of 100, Moderate$3.3B15.4%2.65%vs
Minnwest BankBank Redwood Falls, MN68 out of 100, Moderate$2.9B10.8%0.56%vs
Merchants Bank, National AssociationBank Winona, MN73 out of 100, Strong$2.9B11.5%0.53%vs
Tradition Capital BankBank Wayzata, MN61 out of 100, Moderate$2.7B8.9%0.01%vs
Think Mutual BankBank Rochester, MN86 out of 100, Very strong$2.2B16.3%0.25%vs

Deposit insurance

Is my money safe at Bridgewater Bank?

Yes. Bridgewater Bank is an FDIC-insured institution (FDIC certificate #58210). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 26.2% of deposits ($1.1B) are above the $250,000 FDIC insurance limit, below the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 11.65%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 13.98% (benchmark: 10%).

Check how much of your own balance is covered

10 locations

Branches

Bridgewater Bank lists 9 offices in 8 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Bridgewater Bank reported 353 home-loan applications under HMDA (LEI 549300FKWBMLIMGZ7Q40): 241 originated ($482,725,000 total), 12 denied, and 88 withdrawn or closed by the applicant. Its denial rate on decided applications was 4.5%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Bridgewater Bank
Type
State-chartered bank
FDIC certificate #
58210
RSSD ID
3378773
Primary regulator
FDIC
Holding company
Bridgewater Bancshares Inc
Established
November 2, 2005
Headquarters
4450 Excelsior Blvd, Saint Louis Park, MN 55416
Employees
355

Quick answers

Bridgewater Bank: common questions

Is Bridgewater Bank FDIC insured?

Yes. Bridgewater Bank is an FDIC-insured institution (FDIC certificate #58210). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is Bridgewater Bank's TellerScore?

72 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has Bridgewater Bank ever failed?

There is no failure record for FDIC certificate #58210 in the FDIC failed bank list.

How many branches does Bridgewater Bank have?

10 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Saint Louis Park

InstitutionScoreAssetsCapitalProblem loansCompare
Vermillion State BankBank Vermillion, MN90 out of 100, Very strong$931.4M13.4%0.24%vs
Ziegler Federal Credit UnionCredit union Bloomington, MN87 out of 100, Very strong$4.3M26.9%1.09%vs
Think Mutual BankBank Rochester, MN86 out of 100, Very strong$2.2B16.3%0.25%vs
Carpenters Federal Credit UnionCredit union Saint Paul, MN86 out of 100, Very strong$44.3M16.0%1.01%vs
PrinsBankBank Prinsburg, MN85 out of 100, Very strong$308.3M12.0%0.29%vs
Toro Employees Federal Credit UnionCredit union Bloomington, MN84 out of 100, Strong$41.5M14.5%0.56%vs