---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014147"
form_type: "8-K"
ticker: "BWB"
cik: "0001341317"
company_name: "Bridgewater Bancshares Inc"
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T17:21:44.534492+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Bridgewater Bancshares upsizes revolving credit facility to $40M, extends maturity to 2024

## Summary
- Increased maximum principal of revolving line of credit from $25M to $40M with ServisFirst Bank.
- Maturity date extended to September 1, 2024 (previously March 2024 per original agreement).
- Minimum outstanding balance to avoid non-use fee raised from $12.5M to $20M; non-use fee is 0.20% annually.
- Amendment and amended note executed September 1, 2022; no other terms (rate, covenants) disclosed.
- Proceeds support general corporate purposes; existing $25M note replaced and not extinguished.

## SEC filing metadata
- accession: 0001558370-22-014147
- form_type: 8-K
- ticker: BWB
- cik: 0001341317
- company_name: Bridgewater Bancshares Inc
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341317/000155837022014147/0001558370-22-014147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341317/000155837022014147/bwb-20220901x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014147
- JSON: https://secwatch.observer/filing/0001558370-22-014147.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014147.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.