{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-006853","form_type":"8-K","ticker":"BWB","cik":"0001341317","company_name":"Bridgewater Bancshares Inc","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.507388+00:00","generated_at":"2026-06-16T12:07:51.520229+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bridgewater Bancshares Q1 net income $11.6M, EPS $0.37, down QoQ; NIM falls to 2.72%","bullets":["Net income $11.6M ($0.37 diluted EPS) vs $13.7M ($0.45) Q4 2022; ROA 1.07%, ROE 11.70%.","Net interest margin (tax-equiv) 2.72%, down 44 bps QoQ; cost of deposits rose to 2.01% from 1.31%.","Gross loans increased $114.9M (13.1% annualized) to $3.68B; deposits slightly down $5.4M.","Credit loss provision $1.5M; ACL to loans 1.36%; net charge-offs near zero.","Preferred Series A dividend $0.3672/depositary share payable June 1, record May 15."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-006853","json":"https://secwatch.observer/filing/0001558370-23-006853.json","markdown":"https://secwatch.observer/filing/0001558370-23-006853.md","text":"https://secwatch.observer/filing/0001558370-23-006853.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023006853/0001558370-23-006853-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023006853/bwb-20230426x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:07:51.520229+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3da14fbb7479c0c92adb5e77271d83edaafb7ed8","claim":"Bridgewater Bancshares Inc reported first quarter of 2023 results: net income net income of $11.6 million, EPS Earnings per diluted common share ... were $0.37.","evidence_excerpt":"Bridgewater Bancshares, Inc. (Nasdaq: BWB) (the Company), the parent company of Bridgewater Bank (the Bank), today announced net income of $11.6 million for the first quarter of 2023, compared to $13.7 million for the fourth quarter of 2022, and $12.3 million for the first quarter of 2022. Earnings per diluted common share for the first quarter of 2023 were $0.37, compared to $0.45 per diluted common share for the fourth quarter of 2022, and $0.39 per diluted common share for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1341317/000155837023006853/0001558370-23-006853-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"net income of $11.6 million"},{"label":"EPS","value":"Earnings per diluted common share ... were $0.37"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}